Wear Group A/S
Public limited companyCVR 35818065SilkeborgActive
Wear Group A/S is a public limited company, based in Silkeborg, active in wholesale of clothing, founded in 2014. Net profit rose 108% from 2024 to 2025, ending at DKK 7m. Profit has grown three years in a row. With 36 employees, the company is about 7 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 31% (2024 → 2025), to DKK 27.1m.
- Net profit rose 108% (2024 → 2025), to DKK 7m.
- Equity rose 17% (2024 → 2025), to DKK 26.2m.
Employees
- 9 more employees than a year earlier: 36 (07/2026) against 27 (07/2025).
Management and owners, last 24 months
- New owners registered: CH Mogensen Holding ApS (23/12/2024).
- No longer registered as owner: CH Mogensen Holding ApS (22/12/2024).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 17,978 | 20,507 | 21,726 | 16,216 | 20,675 | 27,060 | +30.9% |
| Operating profit (EBIT) | – | 10,344 | 8,206 | 1,494 | 5,600 | 10,733 | +91.6% |
| Profit before tax | 10,476 | 9,661 | 7,561 | 475 | 4,345 | 9,069 | +108.7% |
| Net profit | 8,088 | 7,569 | 5,888 | 356 | 3,380 | 7,042 | +108.4% |
| Total assets | 31,670 | 40,642 | 45,773 | 44,035 | 64,181 | 63,796 | −0.6% |
| Equity | 14,450 | 17,563 | 18,700 | 17,199 | 22,429 | 26,167 | +16.7% |
| Liabilities | 17,152 | 23,029 | 26,970 | 26,767 | 41,507 | 37,505 | −9.6% |
| Cash and cash equivalents | 255 | 14 | 35 | 138 | 70 | 821 | +1,067.7% |
| Average number of employees | 13 | 16 | 22 | 24 | 25 | 25 | 0% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 20/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 22/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 16/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/05/2021 | The company | 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
356 companies in the databaseComparison with the other companies in wholesale of clothing based on the latest financial year.
Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 1,636of 9,892 Better than 83% | No. 1,366of 9,922 Better than 86% |
| Same industry and 20–49 employees60 companies in the comparison | No. 15of 60 Better than 76% | No. 18of 60 Better than 71% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 1,417of 33,588 Better than 96% | No. 1,911of 33,687 Better than 94% |
| All companies of type A/S18,025 companies in the comparison | No. 4,723of 17,786 Better than 73% | No. 5,332of 18,024 Better than 70% |
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- Wear Group A/SDKK 27.1m
- DK Company A/SDKK 2.9bn
- Sports Connection ApSDKK 439.2m
- Wear Group A/SDKK 7m
- DK Company A/SDKK 309.3m
- Sports Connection ApSDKK 315.1m
- Wear Group A/SDKK 26.2m
- DK Company A/SDKK 1.3bn
- Sports Connection ApSDKK 620.5m
- Wear Group A/S36
- DK Company A/S467
- 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- Buus Nørgaard Holding ApS90%
- CH Mogensen Holding ApS10%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Buus Nørgaard | CEO | 01/04/2014 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Morten Rodkjær Søndergaard | Board member | 27/06/2019 |
| Martin Buus Nørgaard | Board member | 27/06/2019 |
| Camilla Buus Nørgaard | Chair of the board | 27/06/2019 |
| Christian Holst Mogensen | Board member | 27/06/2019 |
| Kasper Berwald Pedersen | Board member | 18/01/2022 |
- Founders
- Buus Nørgaard Holding ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kasper Schouw | Board member | 27/06/2019 | 06/12/2023 |
Signing rule: Selskabet tegnes af direktøren alene.
Address and production units
2 active production unitsHostrupsgade 41
8600 Silkeborg
Silkeborg Municipality · Postcode 8600
Other companies at the address (1)
- Hostruphus Ejendomme A/SRenting of commercial property
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Wear Group A/S | Hostrupsgade 41, 8600 Silkeborg | 27 | 1019267853 |
| Wear Group Logistics | Hjerting Skovvej 5, 6630 Rødding | 9 | 1028194168 |
Purpose
Selskabets formål er engroshandel med tøj herunder design og produktudvikling af beklædningsgenstande samt anden hermed efter direktionens skøn beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
32 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20243 changesownership 2 · accounts 1
- OwnershipCH Mogensen Holding ApS registered as owner (10%)
- OwnershipCH Mogensen Holding ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
20235 changesmanagement 1 · ownership 3 · accounts 1
- ManagementKasper Schouw stepped down as board member
- OwnershipBUUS NØRGAARD HOLDING ApS registered as owner (90%)
- OwnershipMennesker Som Os ApS is no longer registered as owner
- OwnershipBUUS NØRGAARD HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · management 1
- AccountsAnnual report for 2021 published
- ManagementKasper Berwald Pedersen appointed board member
20212 changesownership 1 · accounts 1
- OwnershipCH Mogensen Holding ApS registered as owner (5%)
- AccountsAnnual report for 2020 published
20198 changesaddress 1 · name 1 · capital 1 · management 5
- AddressMoved to Hostrupsgade 41, 8600 Silkeborg
- NameName changed from Wear Group ApS to Wear Group A/S
- CapitalShare capital changed from 50,000 DKK to 400,000 DKK
- ManagementMorten Rodkjær Søndergaard appointed board member
- ManagementKasper Schouw appointed board member
- ManagementCamilla Buus Nørgaard appointed chair of the board
- ManagementChristian Holst Mogensen appointed board member
- ManagementMartin Buus Nørgaard appointed board member
20182 changesindustry 1 · name 1
- IndustryIndustry changed to Wholesale of clothing (464210)
- NameName changed from Töjfabrik ApS to Wear Group ApS
20171 changeaddress 1
- AddressMoved to Papirfabrikken 32, 8600 Silkeborg
20161 changeownership 1
- OwnershipMennesker Som Os ApS registered as owner (20%)
20153 changesaddress 2 · name 1
- AddressMoved to Nygade 26F, 8600 Silkeborg
- NameName changed from T.INC ApS to Töjfabrik ApS
- AddressMoved to Nygade 26, 8600 Silkeborg
20143 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as T.INC ApS
- ManagementMartin Buus Nørgaard appointed ceo
- OwnershipBUUS NØRGAARD HOLDING ApS registered as owner (66.67%)
Related companies
Same industry in Silkeborg
- Sports Group Denmark A/S213 employees
- Adidas Danmark A/S50 employees
- I Say A/S17 employees
- Liiteguard ApS16 employees
- Poulsen Silkeborg ApS4 employees
- Lime ApS2 employees
Same people in management
- Fibertex Nonwovens A/Svia Morten Rodkjær Søndergaard
- Hostruphus Ejendomme A/Svia Camilla Buus Nørgaard
Largest in the industry
- DK Company A/SDKK 2.9bn
- Sports Connection ApSDKK 439.2m
- DK Company Cph A/SDKK 301.6m
- Sports Group Denmark A/SDKK 266.2m
- Soya Group A/SDKK 236.1m
- Rexholm A/SDKK 199m
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.