&tradition A/S
Public limited companyCVR 18169304København KActive
&tradition A/S is a public limited company, based in København K, active in wholesale of furniture for homes, offices and shops, carpets and lighting equipment, founded in 1994. Net profit fell 23% from 2024 to 2025, ending at DKK 75m. Measured by gross profit, it ranks no. 5 of 305 companies in the industry in the database. Operations are spread over 5 production units in 4 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 7% (2024 → 2025), to DKK 166.6m.
- Net profit fell 23% (2024 → 2025), to DKK 75m.
- Equity fell 16% (2024 → 2025), to DKK 262.5m.
Employees
- 16 fewer employees than a year earlier: 122 (08/2026) against 138 (08/2025).
Management and owners, last 24 months
- New in management: Christian Holm Madsen (director, 31/08/2026), Ole Skovgaard Stürup (director, 31/08/2026) and Lise Kaae (board member, 12/10/2026).
- Stepped down: Marie Eiko Honda Dempster (ceo, 31/08/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
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 2019–2025 · amounts in DKK thousandEquity and net profit
| 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | 345,807 | 721,142 | 755,414 | 724,642 | 720,069 | −0.6% |
| Gross profit | 64,830 | 94,493 | 225,466 | 203,323 | 178,430 | 166,600 | −6.6% |
| Operating profit (EBIT) | 33,392 | 57,919 | 175,481 | 144,098 | 112,674 | 95,579 | −15.2% |
| Profit before tax | 33,118 | 57,873 | 174,880 | 141,040 | 124,767 | 96,978 | −22.3% |
| Net profit | 25,682 | 45,234 | 136,677 | 110,091 | 97,478 | 75,011 | −23% |
| Total assets | 97,516 | 163,627 | 331,547 | 385,462 | 389,498 | 326,098 | −16.3% |
| Equity | 67,393 | 105,509 | 256,501 | 314,312 | 311,760 | 262,485 | −15.8% |
| Liabilities | 29,831 | 58,118 | 75,046 | 71,151 | 77,738 | 61,912 | −20.4% |
| Cash and cash equivalents | 12,717 | 61,738 | 69,571 | 102,934 | 71,506 | 108,495 | +51.7% |
| Average number of employees | – | 62 | 86 | 105 | 113 | 0 | −100% |
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 2019: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2021 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresFewer employees
The number of employees fell 100% from 113 in 2024 to 0 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
Profit for five years in a row
Net result has been positive in 2020–2025.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/08/2024 – 31/07/2025 | 26/11/2025 | The company | PDF not statedXBRL |
| 2024 | 01/08/2023 – 31/07/2024 | 21/11/2024 | The company | PDFXBRL |
| 2023 | 01/08/2022 – 31/07/2023 | 29/11/2023 | The company | PDFXBRL |
| 2022 | 01/08/2021 – 31/07/2022 | 28/11/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 19/11/2021 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 04/06/2020 | The group | PDFXBRL |
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 CVRPosition in the industry
306 companies in the databaseComparison with the other companies in wholesale of furniture for homes, offices and shops, carpets and lighting equipment based on the latest financial year.
Industry median: gross profit DKK 3.8m, net profit DKK 377k, equity DKK 3.6m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 248of 4,412 Better than 94% | No. 267of 4,466 Better than 94% |
| Same industry and 50–199 employees14 companies in the comparison | No. 2of 14 Better than 92% | No. 2of 14 Better than 92% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 525of 10,152 Better than 95% | No. 630of 10,275 Better than 94% |
| All companies of type A/S18,025 companies in the comparison | No. 959of 17,786 Better than 95% | No. 1,168of 18,024 Better than 94% |
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 furniture for homes, offices and shops, carpets and lighting equipment- &tradition A/SDKK 166.6m
- Actona Group A/SDKK 535.5m
- Holmris B8 A/SDKK 408.7m
- &tradition A/SDKK 75m
- Actona Group A/S−DKK 86.1m
- Holmris B8 A/SDKK 21.7m
- &tradition A/SDKK 262.5m
- Actona Group A/SDKK 565.4m
- Holmris B8 A/SDKK 250.3m
- &tradition A/S122
- Actona Group A/S183
- Holmris B8 A/S231
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Christian Holm Madsen | Director | 31/08/2026 |
| Ole Skovgaard Stürup | Director | 31/08/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Troels Holch Povlsen | Chair of the board | 15/07/2016 |
| Mark Skaarup Patterson | Board member | 23/11/2023 |
| Adam Christian Dantzer | Board member | 23/11/2023 |
| Lise Kaae | Board member | 12/10/2026 |
- Founders
- Unionkul Ejendom A/S
Former management (24)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Klaus Kastbjerg | Director | 21/09/1994 | 06/10/2005 |
| Keld Søren Bjergegaard | Board member | 30/09/2001 | 06/10/2005 |
| Klaus Kastbjerg | Board member | 30/09/2001 | 15/07/2016 |
| Poul Bruno Schilling | Board member | 30/09/2001 | 06/10/2005 |
| Claus Høxbro | Board member | 01/11/2001 | 06/10/2005 |
| Henry Kristian Haahr | Board member | 06/10/2005 | 17/08/2006 |
| Henry Kristian Haahr | Director | 06/10/2005 | 17/08/2006 |
| Ole Poulsen | Chair of the board | 13/03/2006 | 05/10/2006 |
| Peter Midtgaard | Board member | 17/08/2006 | 29/06/2015 |
| Michael Kjærgaard | Chair of the board | 05/10/2006 | 26/03/2012 |
| Peter Midtgaard | CEO | 26/03/2012 | 30/06/2015 |
| Bjarne Hansen | Chair of the board | 26/03/2012 | 29/06/2015 |
| Simon Peter Hansen | Board member | 26/03/2012 | 15/07/2016 |
| Martin Kornbek Hansen | Board member | 26/03/2012 | 23/11/2023 |
| Martin Kornbek Hansen | Director | 26/03/2012 | 29/06/2015 |
| Peter Midtgaard | Chair of the board | 30/06/2015 | 15/07/2016 |
| Bjarne Hansen | Board member | 30/06/2015 | 15/07/2016 |
| Martin Kornbek Hansen | CEO | 30/06/2015 | 02/01/2023 |
| Rolf Foged Hvidegaard Hay | Board member | 15/07/2016 | 14/08/2018 |
| Mette Hjort Hay | Board member | 15/07/2016 | 14/08/2018 |
| Anne Marie Düring Lausen | Board member | 14/08/2018 | 14/05/2020 |
| Søren Schøllhammer | Board member | 14/05/2020 | 01/09/2022 |
| Lise Kaae | Board member | 01/09/2022 | 23/11/2023 |
| Marie Eiko Honda Dempster | CEO | 03/01/2023 | 31/08/2026 |
Signing rule: Selskabet tegnes af direktionen i forening, af formanden for bestyrelsen alene eller af den samlede bestyrelse i forening.
Address and production units
5 active production unitsFredericiagade 21
1310 København K
| Production unit | Address | Employees | P number |
|---|---|---|---|
| &Tradition A/S | Fredericiagade 21, 1310 København K | 81 | 1030060322 |
| &TRADITION A/S | Kronprinsessegade 4, 1306 København K | 36 | 1001444882 |
| &tradition A/S | Skt. Clemens Stræde 9, st. tv, 8000 Aarhus C | 6 | 1025086771 |
| &Tradition A/S | Havnen 1, 1, 8700 Horsens | 1 | 1030060330 |
| &tradtion A/S | Anker Heegaards Gade 8, 1572 København V | 1 | 1024887096 |
Purpose
Selskabets formål er at drive industri og handel og hermed beslægtet virksomhed, samt i sin virksomhed og drift at have væsentlig positiv indvirkning på samfundet og miljøet som helhed.
The purpose is quoted from the register in Danish.
Changes year by year
99 registered events20264 changesmanagement 4
- ManagementLise Kaae appointed board member
- ManagementOle Skovgaard Stürup appointed director
- ManagementChristian Holm Madsen appointed director
- ManagementMarie Eiko Honda Dempster stepped down as ceo
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
20242 changesaccounts 1 · address 1
- AccountsAnnual report for 2024 published
- AddressMoved to Fredericiagade 21, 1310 København K
20239 changesaccounts 1 · management 6 · ownership 2
- AccountsAnnual report for 2023 published
- ManagementAdam Christian Dantzer appointed board member
- ManagementMark Skaarup Patterson appointed board member
- ManagementLise Kaae stepped down as board member
- ManagementMartin Kornbek Hansen stepped down as board member
- OwnershipNINE UNITED A/S registered as owner (100%)
- OwnershipUNION NINE A/S is no longer registered as owner
- ManagementMarie Eiko Honda Dempster appointed ceo
- ManagementMartin Kornbek Hansen stepped down as ceo
20227 changesownership 4 · accounts 1 · management 2
- OwnershipUNION NINE A/S registered as owner (100%)
- OwnershipNOE HOLDING ApS is no longer registered as owner
- OwnershipUNION NINE A/S is no longer registered as owner
- AccountsAnnual report for 2022 published
- ManagementLise Kaae appointed board member
- ManagementSøren Schøllhammer stepped down as board member
- OwnershipNINE UNITED A/S is no longer registered as owner
20219 changesaccounts 1 · ownership 8
- AccountsAnnual report for 2020 published
- OwnershipUNION NINE A/S registered as owner (90%)
- OwnershipBrightfolk A/S is no longer registered as owner
- OwnershipNINE UNITED A/S registered as owner (50%)
- OwnershipNine United Europe B.V is no longer registered as owner
- OwnershipNINE UNITED A/S is no longer registered as owner
- OwnershipNINE UNITED A/S registered as owner (15%)
- OwnershipNOE HOLDING ApS registered as owner (10%)
- OwnershipNOE HOLDING ApS is no longer registered as owner
20203 changesaccounts 1 · management 2
- AccountsAnnual report for 2019 published
- ManagementSøren Schøllhammer appointed board member
- ManagementAnne Marie Düring Lausen stepped down as board member
20191 changeindustry 1
- IndustryIndustry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
20183 changesmanagement 3
- ManagementAnne Marie Düring Lausen appointed board member
- ManagementMette Hjort Hay stepped down as board member
- ManagementRolf Foged Hvidegaard Hay stepped down as board member
20171 changeaddress 1
- AddressMoved to Kronprinsessegade 4, 1306 København K
201613 changesmanagement 7 · ownership 6
- ManagementMette Hjort Hay appointed board member
- ManagementTroels Holch Povlsen appointed chair of the board
- ManagementRolf Foged Hvidegaard Hay appointed board member
- ManagementPeter Midtgaard stepped down as chair of the board
- ManagementBjarne Hansen stepped down as board member
- ManagementSimon Peter Hansen stepped down as board member
- ManagementKlaus Kastbjerg stepped down as board member
- OwnershipBrightfolk A/S registered as owner (25%)
- OwnershipNOE HOLDING ApS registered as owner (25%)
- OwnershipNine United Europe B.V registered as owner (50%)
- OwnershipGNIVIL HOLDING ApS is no longer registered as owner
- OwnershipDSH HOLDING ApS is no longer registered as owner
- OwnershipNOE HOLDING ApS is no longer registered as owner
20157 changesmanagement 7
- ManagementPeter Midtgaard appointed chair of the board
- ManagementBjarne Hansen appointed board member
- ManagementMartin Kornbek Hansen appointed ceo
- ManagementPeter Midtgaard stepped down as ceo
- ManagementMartin Kornbek Hansen stepped down as director
- ManagementBjarne Hansen stepped down as chair of the board
- ManagementPeter Midtgaard stepped down as board member
20142 changesaddress 2
- AddressMoved to Trangravsvej 24, 1436 København K
- AddressMoved to Trangravsvej 5, 1436 København K
20126 changesmanagement 6
- ManagementMartin Kornbek Hansen appointed director
- ManagementMartin Kornbek Hansen appointed board member
- ManagementSimon Peter Hansen appointed board member
- ManagementBjarne Hansen appointed chair of the board
- ManagementPeter Midtgaard appointed ceo
- ManagementMichael Kjærgaard stepped down as chair of the board
20114 changesownership 3 · name 1
- OwnershipGNIVIL HOLDING ApS registered as owner (25%)
- OwnershipDSH HOLDING ApS registered as owner (20%)
- OwnershipNOE HOLDING ApS registered as owner (50%)
- NameName changed from UNIQUE INTERIEUR A/S to &TRADITION A/S
20081 changeindustry 1
- IndustryIndustry changed to Manufacture of electric lighting equipment (274000)
20071 changeaddress 1
- AddressMoved to Kongevejen 2, 3480 Fredensborg
20068 changesaddress 2 · management 6
- AddressMoved to Kongevejen 2, 3480 Fredensborg
- ManagementMichael Kjærgaard appointed chair of the board
- ManagementOle Poulsen stepped down as chair of the board
- ManagementPeter Midtgaard appointed board member
- ManagementHenry Kristian Haahr stepped down as director
- ManagementHenry Kristian Haahr stepped down as board member
- ManagementOle Poulsen appointed chair of the board
- AddressMoved to Kalkbrænderiløbskaj 4, 2100 København Ø
20056 changesmanagement 6
- ManagementHenry Kristian Haahr appointed director
- ManagementHenry Kristian Haahr appointed board member
- ManagementClaus Høxbro stepped down as board member
- ManagementPoul Bruno Schilling stepped down as board member
- ManagementKeld Søren Bjergegaard stepped down as board member
- ManagementKlaus Kastbjerg stepped down as director
20017 changesname 1 · capital 1 · management 4 · industry 1
- NameName changed from UNIONKUL FRIHAVNEN AF 21/9 1994 ApS to UNIQUE INTERIEUR A/S
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementClaus Høxbro appointed board member
- ManagementKlaus Kastbjerg appointed board member
- ManagementPoul Bruno Schilling appointed board member
- ManagementKeld Søren Bjergegaard appointed board member
- IndustryIndustry changed to Fremstilling af belysningsarmaturer mv. (315000)
19961 changecapital 1
- CapitalShare capital changed from 200,000 DKK to 125,000 DKK
19942 changesfounded 1 · management 1
- FoundedRegistered as UNIONKUL FRIHAVNEN AF 21/9 1994 ApS
- ManagementKlaus Kastbjerg appointed director
Related companies
Same industry in København
- Signify Denmark A/S126 employees
- Audo A/S72 employees
- Gubi A/S59 employees
- Normann Copenhagen ApS45 employees
- Input interior Denmark A/S32 employees
- New Works ApS31 employees
Same people in management
- Normal A/Svia Lise Kaae
- Novozymes A/Svia Lise Kaae
- Bestseller A/Svia Lise Kaae
- Nemlig.com A/Svia Lise Kaae
- BESTSELLER Stores Denmark A/Svia Lise Kaae
- Bahne Sørensen A/Svia Peter Midtgaard
Largest in the industry
- Actona Group A/SDKK 535.5m
- Holmris B8 A/SDKK 408.7m
- Hjort Knudsen A/SDKK 323.2m
- Hay ApSDKK 285.7m
- 2-connect ApSDKK 156m
- Signify Denmark A/SDKK 111.2m
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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.