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APSActiveCVR 39313820Industrivej 14BWholesale of household, office and shop furniture, carpets and lighting equipment · NACE 4647Est. 20188 employeeswww.formandrefine.com
Revenue 2025
DKK 5,5M
+59% vs 2024
EBITDA margin
25.9%
+282% vs 2024
Equity ratio
44.1%
Financial strength
Net profit 2025
DKK 992K
+937% vs 2024
| Revenue | DKK 5,5M | +59% |
| EBITDA | DKK 1,4M | +282% |
| Net profit | DKK 992K | +937% |
| Total assets | DKK 6,8M | +27% |
| Equity | DKK 3M | +50% |
| Employees | 8 | — |
Legal name
Form and Refine ApS
CVR number
39313820
Legal form
Anpartsselskab
NACE code
4647 · Wholesale of household, office and shop furniture, carpets and lighting equipment
Founded
1. februar 2018
Share capital
DKK 142.857
Employees
8 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den administrerende direktør i forening med én direktør eller af den samlede direktion.
Company purpose
Selskabets formål er at udøve virksomhed med produktion, handel, service og konsulentydelser inden for livsstilsprodukter samt aktiviteter i tilknytning hertil.
Address
Industrivej 14B
Phone
+4529842978
Email
info@formandrefine.com
Website
www.formandrefine.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -93 | 450 | 769 | 1.800 | 2.724 | 2.952 | 3.437 | 5.465 |
| Staff expenses | -0 | -0 | -147 | -1.329 | -2.189 | -2.606 | -3.066 | -4.050 |
| EBITDA | -93 | 450 | 622 | 471 | 535 | 346 | 371 | 1.415 |
| Depreciation & amort. | -0 | -37 | -200 | -250 | -260 | -255 | -221 | -79 |
| EBIT | -93 | 413 | 422 | 221 | 275 | 91 | 150 | 1.336 |
| Net financials | -2 | -19 | -75 | -57 | -96 | -31 | -21 | -54 |
| Profit before tax | -95 | 394 | 347 | 164 | 179 | 60 | 129 | 1.281 |
| Tax | -0 | 71 | 80 | 40 | 45 | 14 | 33 | 289 |
| Net profit | -95 | 323 | 267 | 124 | 134 | 45 | 96 | 992 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 1.135 | 2.337 | 4.470 | 5.346 | 6.443 | 5.267 | 5.345 | 6.770 |
| Equity | 1.005 | 1.328 | 1.595 | 1.719 | 1.853 | 1.898 | 1.994 | 2.986 |
| Long-term debt | 0 | 113 | 2.000 | 2.000 | 1.600 | 1.800 | 1.800 | 1.600 |
| Short-term debt | 130 | 826 | 710 | 1.447 | 2.856 | 1.493 | 1.515 | 2.168 |
| Total debt | 130 | 938 | 2.710 | 3.447 | 4.456 | 3.293 | 3.315 | 3.768 |
EBITDA margin
25.9%
This company
15.8%
Market median
+64% vs market
20182025
Equity ratio
44.1%
This company
38.2%
Market median
+15% vs market
20182025
Return on equity
33.2%
This company
18.4%
Market median
+80% vs market
20182025
Net profit margin
18.2%
This company
8.1%
Market median
+125% vs market
20182025
Asset turnover
0.81×
This company
1.12×
Market median
+28% vs market
20182025
Debt / equity
1.27×
This company
0.62×
Market median
-105% vs market
20182025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-02-01 – 2018-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
HH Management | Management | 2018 | — | — |
JH Management | Management | 2018 | — | — |
LL Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Herman-Holding ApS | Company | 33.3% | 33.3% | 2018 |
ONE STONE ApS | Company | 33.3% | 33.3% | 2018 |
MH HOLDING 2011 ApS | Company | 10.0% | 10.0% | 2018 |
Form and Refine ApS | Company | 5.0% | 5.0% | 2025 |
SJØLUND HOLDING A/S | Company | 5.0% | 5.0% | 2025 |
Kodrup Holding ApS | Company | 5.0% | 5.0% | 2025 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
SJØLUND HOLDING A/S
Form and Refine ApS Board members of Form and Refine ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Helle Herman Mortensen | Management | 0 companies |
| Jonas Herman Pedersen | Management | 0 companies |
| Lasse Luke Lund Lauridsen | Chief Executive Officer | 0 companies |