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Tvilum A/S 2018

Public limited companyCVR 39323702FårvangActive

Tvilum A/S 2018 is a public limited company, based in Fårvang, active in manufacture of furniture, founded in 2018. Net profit fell 97% from 2024 to 2025, ending at DKK 1.6m. Measured by gross profit, it ranks no. 4 of 294 companies in the industry in the database. With 361 employees, the company is about 52 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 1bn−5.9% vs. 2024
Net profitDKK 1.6m−97% vs. 2024
EquityDKK 150.5m+0.9% vs. 2024
Employees361latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 23% (2024 → 2025), to DKK 265.8m.
  • Revenue fell 6% (2024 → 2025), to DKK 1bn.
  • Net profit fell 97% (2024 → 2025), to DKK 1.6m.

Employees

  • 49 fewer employees than a year earlier: 361 (07/2026) against 410 (07/2025).

Management and owners, last 24 months

  • New in management: Malene Gammelgaard Nielsen (ceo, 17/02/2025) and Malene Gammelgaard Nielsen (board member, 17/02/2025).
  • Stepped down: Asbjørn Berge (board member, 21/03/2025) and Birger Østergaard Christensen (ceo, 17/02/2025).

Registrations, last 24 months

  • 02/01/2026: Merger registered in CVR
  • 01/01/2025: Industry changed to Manufacture of furniture (310000)

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 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Tvilum A/S 2018
202020212022202320242025Change
Revenue1,308,7571,579,7791,573,4591,295,9531,097,6291,032,468−5.9%
Gross profit268,621299,257181,995258,650343,495265,767−22.6%
Operating profit (EBIT)106,49244,981−90,496−46,44363,97225,122−60.7%
Profit before tax91,64235,090−107,831−77,30640,0273,774−90.6%
Net profit71,24926,828−99,713−77,01953,3381,583−97%
Total assets501,178816,946746,915563,199649,185612,106−5.7%
Equity188,178190,15490,00893,635149,164150,524+0.9%
Liabilities304,817608,399651,845466,266485,215458,121−5.6%
Cash and cash equivalents7,16911,9216,96419,06023,37424,034+2.8%
Average number of employees7451,056888628589580−1.5%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

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

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350m202020212022202320242025
Gross profitMedian, the industry (295 companies)

Annual reports

6 financial years
Annual reports for Tvilum A/S 2018
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202511/05/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202425/03/2025The groupPDFXBRL
202301/01/2023 – 31/12/202303/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The groupPDFXBRL
202101/01/2021 – 31/12/202125/02/2022The groupPDFXBRL
202001/01/2020 – 31/12/202026/02/2021The groupPDFXBRL

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
010020030040050060008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

295 companies in the database

Comparison with the other companies in manufacture of furniture based on the latest financial year.

Gross profitDKK 265.8mNo. 4 of 294
Better than 99% of the companies in the industry
EquityDKK 150.5mNo. 5 of 295
Better than 99% of the companies in the industry
Number of employees361No. 2 of 295
Better than 100% of the companies in the industry

Industry median: gross profit DKK 3.5m, net profit DKK 196k, equity DKK 2.2m, 7 employees.

DKK 100kDKK 1mDKK 10.3mDKK 104.5mDKK 489.6mHere
Distribution of gross profit for 281 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 200–499 employees796 companies in the comparison
No. 191of 763
Better than 75%
No. 315of 796
Better than 61%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 112of 33,588
Better than 100%
No. 505of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 580of 17,786
Better than 97%
No. 1,740of 18,024
Better than 90%

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

Manufacture of furniture
Gross profit
  1. Tvilum A/S 2018DKK 265.8m
  2. Nobia Denmark A/SDKK 1.1bn
  3. Dan-foam ApSDKK 894.1m
Net profit
  1. Tvilum A/S 2018DKK 1.6m
  2. Nobia Denmark A/SDKK 296.2m
  3. Dan-foam ApSDKK 623.6m
Equity
  1. Tvilum A/S 2018DKK 150.5m
  2. Nobia Denmark A/SDKK 457.6m
  3. Dan-foam ApSDKK 1.3bn
Employees
  1. Tvilum A/S 2018361
  2. Nobia Denmark A/S1,161
  3. Dan-foam ApS435

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
  • ØC Group af 5. juli 2018 ApS66.67%
  • LE Kristiansen 3G Formue Invest ApS10%
Tvilum A/S 2018

Management

5 active registrations

Executive management

Executive management at Tvilum A/S 2018
NameRoleAppointed
Malene Gammelgaard NielsenCEO17/02/2025

Board of directors

Board of directors at Tvilum A/S 2018
NameRoleAppointed
Peter BagerChair of the board03/07/2020
Birger Østergaard ChristensenBoard member03/07/2020
Svend Erik KristensenBoard member22/05/2024
Malene Gammelgaard NielsenBoard member17/02/2025
Founders
Viking Trading ApS, Klymik ApS
Former management (8)
Former management at Tvilum A/S 2018
NameRoleAppointedResigned
Peter BagerBoard member09/02/201802/07/2020
Poul KristiansenBoard member09/02/201808/12/2023
Birger Østergaard ChristensenChair of the board09/02/201802/07/2020
Torben PorsholdtDirector09/02/201818/08/2022
Torben PorsholdtBoard member09/02/201809/05/2023
Asbjørn BergeBoard member14/06/201821/03/2025
Kjeld Grostøl NielsenCEO18/08/202231/05/2023
Birger Østergaard ChristensenCEO01/06/202317/02/2025

Signing rule: Selskabet tegnes af bestyrelsens formand og en direktør i forening, bestyrelsens formand og et bestyrelsesmedlem i forening, eller af alle bestyrelsesmedlemmerne i forening.

Address and production units

2 active production units

Egon Kristiansens Allé 2
8882 Fårvang

Silkeborg Municipality · Postcode 8882

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Tvilum A/S 2018Egon Kristiansens Allé 2, 8882 Fårvang3121023336150
Tvilum A/S 2018Fabriksvej 4, 8620 Kjellerup531023348205

Purpose

Selskabets formål er at drive industrivirksomhed inden for møbelbranchen samt hermed beslægtet virksomhed, herunder helt eller delvist at eje andre selskaber.

The purpose is quoted from the register in Danish.

Changes year by year

46 registered events
20262 changesaccounts 1 · merger 1
  • Annual report for 2025 published
  • Merger registered in CVR
20256 changesaccounts 1 · management 4 · industry 1
  • Annual report for 2024 published
  • Asbjørn Berge stepped down as board member
  • Malene Gammelgaard Nielsen appointed board member
  • Malene Gammelgaard Nielsen appointed ceo
  • Birger Østergaard Christensen stepped down as ceo
  • Industry changed to Manufacture of furniture (310000)
20242 changesaccounts 1 · management 1
  • Annual report for 2023 published
  • Svend Erik Kristensen appointed board member
202314 changescapital 2 · ownership 7 · management 4 · accounts 1
  • Share capital changed from 36,069,187 DKK to 87,163,522 DKK
  • LE Kristiansen 3G Formue Invest ApS registered as owner (10%)
  • LE Kristiansen 3G Formue Invest ApS is no longer registered as owner
  • Poul Kristiansen stepped down as board member
  • Annual report for 2022 published
  • Birger Østergaard Christensen appointed ceo
  • Kjeld Grostøl Nielsen stepped down as ceo
  • Torben Porsholdt stepped down as board member
  • Share capital changed from 10,000,000 DKK to 36,069,187 DKK
  • ØC Group af 5. juli 2018 ApS registered as owner (66.67%)
  • Klymik ApS is no longer registered as owner
  • ØC Group af 5. juli 2018 ApS is no longer registered as owner
  • Klymik ApS registered as owner (10%)
  • Klymik ApS is no longer registered as owner
20223 changesmanagement 2 · accounts 1
  • Kjeld Grostøl Nielsen appointed ceo
  • Torben Porsholdt stepped down as director
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20206 changesownership 2 · management 4
  • LE Kristiansen 3G Formue Invest ApS registered as owner (25%)
  • Kristiansen Properties ApS is no longer registered as owner
  • Peter Bager appointed chair of the board
  • Birger Østergaard Christensen appointed board member
  • Peter Bager stepped down as board member
  • Birger Østergaard Christensen stepped down as chair of the board
201812 changesownership 5 · management 6 · founded 1
  • ØC Group af 5. juli 2018 ApS registered as owner (50%)
  • VIKING TRADING ApS is no longer registered as owner
  • Asbjørn Berge appointed board member
  • Kristiansen Properties ApS registered as owner (25%)
  • Registered as Tvilum A/S 2018
  • Torben Porsholdt appointed board member
  • Peter Bager appointed board member
  • Torben Porsholdt appointed director
  • Birger Østergaard Christensen appointed chair of the board
  • Poul Kristiansen appointed board member
  • VIKING TRADING ApS registered as owner (50%)
  • Klymik ApS registered as owner (20%)

Related companies

Same industry in Silkeborg

See all →

Same people in management

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.

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