Esprit De Corp. Danmark A/S
A/SBankruptAdvertising protectionCVR 77144714Digevej 114, 2300 København SWholesale of clothing and footwear· NACE 4642Est. 1985 · 41 years old18 employees
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Overview
Esprit De Corp. Danmark A/S is a Danish A/S based in København S, operating in the Wholesale of clothing and footwear sector. Incorporated in 1985, the company has 18 employees and reported a gross profit of DKK 16.7m in its latest annual filing.
Gross profit 2022
16.7M DKK
+97% vs 2021
EBITDA margin (of gross profit)
−4.5 %
−197% vs 2021
Net profit 2022
-2.6M DKK
-77% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-23.4 %
Very weakAmong the 20% lowest rated companies in the industry
20192022
Liquidity ratioCurrent assets ÷ Short-term debt
1.9×
StrongAmong the 40% highest rated companies in the industry
20192022
Return on assets (ROA)Net profit ÷ Total assets × 100
-11.0 %
WeakAmong the 30% lowest rated companies in the industry
20192022
EBITDA — year on year
DKK thousandsKey figures
Annual report 2022| Gross profit | 16.7M DKK | +97% |
| EBITDA | -0.8M DKK | -197% |
| Net profit | -2.6M DKK | -77% |
| Total assets | 23.4M DKK | -29% |
| Equity | -5.5M DKK | -88% |
| Employees | 18 | — |
Company information
Legal name
ESPRIT DE CORP. DANMARK A/S
CVR number
77144714
Legal form
Aktieselskab
NACE code
Founded
7 February 1985 · 41 years
Share capital
DKK 500,000
Employees
18 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af formanden for bestyrelsen eller af to medlemmer af bestyrelsen i forening.
Contact
Address
Digevej 114, 2300 København S
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2022), Esprit De Corp. Danmark A/S reported a gross profit of DKK 16.7m, an increase of 97% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2022. The bottom line showed a net loss of DKK 2.6m, and the EBITDA margin stood at -4.5%.
At the end of 2022, current assets covered short-term debt 1.9 times.
Financials
Gross profit
DKK millionsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2022 | 2021 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Gross profit | 16,729 | 8,485 | 16,146 | 10,825 | 35,580 |
| Staff expenses | -17,489 | -7,701 | -16,526 | -16,383 | -30,548 |
| EBITDA | -760 | 784 | -380 | -5,558 | 5,032 |
| Depreciation & amort. | -168 | -83 | -167 | -1,611 | -1,491 |
| EBIT | -928 | 701 | -547 | -7,169 | 3,541 |
| Net financials | -55 | -3,772 | -684 | -80,711 | 1,787 |
| Profit before tax | -983 | -3,071 | -1,087 | -66,874 | 5,328 |
| Tax | 1,583 | -1,620 | -0 | 3,409 | 451 |
| Net profit | -2,566 | -1,451 | -1,087 | -70,283 | 4,877 |
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Balance sheet
DKK thousands| Item | 2022 | 2021 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 23,370 | 33,106 | 24,776 | 46,114 | 96,765 |
| Equity | -5,473 | -2,909 | -5,174 | -4,085 | 65,452 |
| Long-term debt | 13,504 | 13,270 | 13,374 | 0 | 0 |
| Short-term debt | 12,093 | 20,646 | 14,217 | 47,058 | 28,659 |
| Total debt | 25,597 | 33,916 | 27,591 | 47,058 | 28,659 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
-4.5 %
20192022
Equity ratio
-23.4 %
Very weakAmong the 20% lowest rated companies in the industry
20192022
Return on equity
—
20192022
Net profit margin (of gross profit)
-15.3 %
20192022
Asset turnover (of gross profit)
0.72×
20192022
Debt / equity
—
20192022
Sector performance
17 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioStrong
Among the 40% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioStrong
Among the 30% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Fixed assets to long-term capitalStrong
Among the 40% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 20% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 20% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery strong
Among the 20% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Equity to contributed capitalVery weak
Among the 20% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in debtVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-07-01 – 2021-12-31
- Annual report 2021Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
- Annual report 2020Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
- Annual report 2019Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (12)
FS Management | Management | 2013 – 2013 |
LM Management | Management | 1985 – 1990 |
TF Management | Management | 2015 – 2016 |
JF Management | Management | 2014 – 2015 |
CJ Management | Management | 2013 – 2014 |
HK Chief Executive Officer | Chief Executive Officer | 1999 – 2006 |
AW Management | Management | 1998 – 1999 |
SM Management | Management | 2016 – 2020 |
EP Management | Management | 2006 – 2012 |
LE Management | Management | 2020 – 2022 |
BF Management | Management | 1985 – 1998 |
DH Management | Management | 2023 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (30)
FS Chairman | Chairman | 2013 – 2018 |
DM Chairman | Chairman | 2018 – 2020 |
CP Board of Directors | Board of Directors | 1985 – 1994 |
TF Board of Directors | Board of Directors | 2015 – 2016 |
AN Board of Directors | Board of Directors | 2012 – 2012 |
MD Chairman | Chairman | 2021 – 2021 |
TJ Chairman | Chairman | 2006 – 2009 |
JF Board of Directors | Board of Directors | 2014 – 2015 |
ED Board of Directors | Board of Directors | 1995 – 1998 |
LM Board of Directors | Board of Directors | 2012 – 2013 |
CJ Board of Directors | Board of Directors | 2013 – 2014 |
BC Board of Directors | Board of Directors | 2013 – 2013 |
HK Board of Directors | Board of Directors | 1997 – 2006 |
AW Board of Directors | Board of Directors | 1997 – 1999 |
UD Board of Directors | Board of Directors | 2008 – 2011 |
SM Board of Directors | Board of Directors | 2016 – 2020 |
LY Board of Directors | Board of Directors | 1995 – 1997 |
AC Chairman | Chairman | 2020 – 2021 |
BS Chairman | Chairman | 2021 – 2022 |
EP Board of Directors | Board of Directors | 2004 – 2012 |
MY Chairman | Chairman | 2023 – 2024 |
JH Board of Directors | Board of Directors | 1985 – 1995 |
LE Board of Directors | Board of Directors | 2020 – 2022 |
MC Deputy Chairman | Deputy Chairman | 2022 – 2023 |
JC Board of Directors | Board of Directors | 2006 – 2008 |
BF Board of Directors | Board of Directors | 1985 – 1998 |
GG Chairman | Chairman | 2009 – 2010 |
DH Board of Directors | Board of Directors | 2023 – 2024 |
JW Board of Directors | Board of Directors | 1985 – 1995 |
SC Board of Directors | Board of Directors | 1998 – 2004 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
ESPRIT EUROPE HOLDINGS B.V. | Company | 100% | 100% | 2001 |
Esprit Europe B.V. | Company | 100% | 100% | 2001 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Related companies
Company hierarchy
Esprit Europe Holdings B.V.100%Esprit Europe B.V.100%
Esprit De Corp. Danmark A/S (this company)Board network connections
Board members of Esprit De Corp. Danmark A/S also hold positions in 21 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Anders Christian Kristiansen | Chairman | 7 companiesMany roles |
| Finn Simper | Management | 4 companies |
| Benny Frisbæk Jensen | Management | 3 companies |
| Lone Merete Sørensen | Board of Directors | 3 companies |
| Dorte Hultengren | Management | 2 companies |
| Lars Mygind | Management | 1 company |
| Ulrik Dahl Nielsen | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Esprit De Corp. Danmark A/S?
Esprit De Corp. Danmark A/S is registered with CVR / Virk under CVR 77144714.
What is the gross profit of Esprit De Corp. Danmark A/S?
Esprit De Corp. Danmark A/S reported a gross profit of DKK 16.7m in 2022.
How many employees does Esprit De Corp. Danmark A/S have?
Esprit De Corp. Danmark A/S employs 18 people as of the latest annual report.
Where is Esprit De Corp. Danmark A/S headquartered?
Esprit De Corp. Danmark A/S's registered address is Digevej 114.