CVRdatabase
Menu

Startex A/S

Public limited companyCVR 26426421StøvringActive

Startex A/S is a public limited company, based in Støvring, active in wholesale of clothing, founded in 2002. Net profit rose 50% from 2024 to 2025, ending at DKK 18.3m. With 90 employees, the company is about 18 times larger than the industry median. Gross profit is higher than that of 93% of the companies in the industry in the database.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 66.4m+48.8% vs. 2024
Net profitDKK 18.3m+50.5% vs. 2024
EquityDKK 35.6m−1.8% vs. 2024
Employees90latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 49% (2024 → 2025), to DKK 66.4m.
  • Net profit rose 50% (2024 → 2025), to DKK 18.3m.
  • Equity fell 2% (2024 → 2025), to DKK 35.6m.

Employees

  • 16 more employees than a year earlier: 90 (08/2026) against 74 (08/2025).

Registrations, last 24 months

  • 05/01/2026: Name changed from STARTEX ApS to STARTEX A/S
  • 01/01/2026: Merger registered in CVR
  • 01/01/2026: Share capital changed from 125,000 DKK to 400,000 DKK

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Startex A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit31,20744,16745,35149,25944,59866,380+48.8%
Operating profit (EBIT)7,73820,76417,08619,03117,99925,450+41.4%
Profit before tax6,45319,62915,45015,92115,52522,946+47.8%
Net profit5,02115,29812,07812,38512,17718,326+50.5%
Total assets83,409120,381160,43294,56584,092117,894+40.2%
Equity16,69727,71529,68138,41436,26535,622−1.8%
Liabilities66,71292,451129,63255,68547,51582,272+73.2%
Cash and cash equivalents14,86016,80324,7059,846012–
Average number of employees394049534857+18.8%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (356 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Startex A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202506/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202412/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202313/10/2023The companyPDFXBRL
202201/07/2021 – 30/06/202205/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202127/10/2021The companyPDFXBRL
202001/07/2019 – 30/06/202029/11/2020The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

356 companies in the database

Comparison with the other companies in wholesale of clothing based on the latest financial year.

Gross profitDKK 66.4mNo. 26 of 356
Better than 93% of the companies in the industry
EquityDKK 35.6mNo. 47 of 356
Better than 87% of the companies in the industry
Number of employees90No. 29 of 356
Better than 92% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.

DKK 100kDKK 1.3mDKK 17.2mDKK 224.7mDKK 1.2bnHere
Distribution of gross profit for 331 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 1,247of 4,412
Better than 72%
No. 1,565of 4,466
Better than 65%
Same industry and 50–199 employees32 companies in the comparison
No. 19of 32
Better than 42%
No. 24of 32
Better than 26%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,077of 24,791
Better than 96%
No. 2,999of 24,909
Better than 88%
All companies of type A/S18,025 companies in the comparison
No. 2,268of 17,786
Better than 87%
No. 4,459of 18,024
Better than 75%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Wholesale of clothing
Gross profit
  1. Startex A/SDKK 66.4m
  2. DK Company A/SDKK 2.9bn
  3. Sports Connection ApSDKK 439.2m
Net profit
  1. Startex A/SDKK 18.3m
  2. DK Company A/SDKK 309.3m
  3. Sports Connection ApSDKK 315.1m
Equity
  1. Startex A/SDKK 35.6m
  2. DK Company A/SDKK 1.3bn
  3. Sports Connection ApSDKK 620.5m
Employees
  1. Startex A/S90
  2. DK Company A/S467
  3. Sports Connection ApS76

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • STX Holding ApS100%
Startex A/S

Management

6 active registrations

Executive management

Executive management at Startex A/S
NameRoleAppointed
Heine Lind ØstergaardDirector01/12/2017
Søren Kjeldal LauridsenCEO15/11/2019

Board of directors

Board of directors at Startex A/S
NameRoleAppointed
Heine Lind ØstergaardBoard member21/06/2021
Brian Schiønning LarsenChair of the board21/06/2021
Claus MøllerBoard member01/04/2022
Michael Ejby BjørnvigBoard member17/09/2024
Founders
Hlø Holding ApS
Former management (5)
Former management at Startex A/S
NameRoleAppointedResigned
Heine Lind ØstergaardDirector25/01/200225/06/2017
Heine Lind ØstergaardCEO26/06/201730/11/2017
Lene NielsenDirector26/06/201730/09/2019
Rene Løgsted AndersenCEO01/12/201725/10/2019
Jesper KristensenBoard member21/06/202117/09/2024

Signing rule: Selskabet tegnes af en direktør alene eller den samlede bestyrelse.

Address and production units

1 active production units

Porsborgparken 6
9530 Støvring

Rebild Municipality · Postcode 9530

Production units
Production unitAddressEmployeesP number
STARTEX A/SPorsborgparken 6, 9530 Støvring901008897960

Purpose

Selskabets formål er handel med mærkevarer via internettet og hermed beslægtet handel i øvrigt.

The purpose is quoted from the register in Danish.

Changes year by year

35 registered events
20263 changesname 1 · capital 1 · merger 1
  • Name changed from STARTEX ApS to STARTEX A/S
  • Share capital changed from 125,000 DKK to 400,000 DKK
  • Merger registered in CVR
20251 changeaccounts 1
  • Annual report for 2025 published
20243 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Michael Ejby Bjørnvig appointed board member
  • Jesper Kristensen stepped down as board member
20231 changeaccounts 1
  • Annual report for 2023 published
20222 changesaccounts 1 · management 1
  • Annual report for 2022 published
  • Claus Møller appointed board member
20215 changesaddress 1 · accounts 1 · management 3
  • Moved to Porsborgparken 6, 9530 Støvring
  • Annual report for 2021 published
  • Heine Lind Østergaard appointed board member
  • Jesper Kristensen appointed board member
  • Brian Schiønning Larsen appointed chair of the board
20205 changesaddress 2 · accounts 1 · ownership 2
  • Moved to Lansen 15, 9230 Svenstrup J
  • Annual report for 2020 published
  • Moved to Lansen 15, 9230 Svenstrup J
  • STX Holding ApS registered as owner (100%)
  • HLØ HOLDING ApS is no longer registered as owner
20193 changesmanagement 3
  • Søren Kjeldal Lauridsen appointed ceo
  • Rene Løgsted Andersen stepped down as ceo
  • Lene Nielsen stepped down as director
20176 changesmanagement 6
  • Heine Lind Østergaard appointed director
  • Rene Løgsted Andersen appointed ceo
  • Heine Lind Østergaard stepped down as ceo
  • Lene Nielsen appointed director
  • Heine Lind Østergaard appointed ceo
  • Heine Lind Østergaard stepped down as director
20121 changeaddress 1
  • Moved to Lansen 15, 9230 Svenstrup J
20091 changeaddress 1
  • Moved to Lufthavnsvej 8, 9400 Nørresundby
20061 changeaddress 1
  • Moved to Bejlerholm 10, 9400 Nørresundby
20023 changesfounded 1 · management 1 · ownership 1
  • Registered as STARTEX ApS
  • Heine Lind Østergaard appointed director
  • HLØ HOLDING ApS registered as owner (100%)

Related companies

Same people in management

Largest in the industry

See all →

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction