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Audo A/S

CVR: 15214236

Growing 21% p.a.Medium companyWell-established (35 yrs)Loss-making

Secondary names: DANISH STEEL HOUSE A/S, MENUSPACE A/S, Brdr Petersens Polstermøbelfabrik A/S

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About Audo A/S

Audo A/S is a Danish company of the type Aktieselskab based in Nordhavn, founded in 1991. The company is registered under the industry Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. The management consists of Lars Hardboe Galsgaard. The company is owned by Designers Company A/S. The company has 56 employees. In 2025, the company reported revenue of DKK 318,798,000 and a net result of DKK -9,275,000 compared with DKK -18,882,000 the year before. Equity amounted to DKK 52,982,000.

Audo A/S is currently experiencing significant financial challenges, with a notable decline in profitability over the past few years. Revenue peaked at 500.8 million DKK in 2022 but has since decreased to 318.8 million DKK in 2025, while the company reported losses of 9.3 million DKK in the same year. Equity has also decreased from 102.9 million DKK in 2022 to 52.9 million DKK in 2025, raising concerns about its financial stability and ability to recover. The company's position within the furniture wholesale industry appears precarious, as it struggles with declining margins and profitability.

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Overview

Company type
A/S
Aktieselskab
Address
Århusgade 130 1., 2150 Nordhavn
KØBENHAVN
2150 Nordhavn
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Founded
1.7.1991

Details

Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler
Code: 464700
Secondary industries
Reparation og vedligeholdelse af møbler og boligudstyr (952400)
Employees
56 employees
48 FTE
(2018)
Capital
2.504.000 kr.

Contact

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Email
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Website
audocph.com

Purpose

Selskabets formål er at designe, producere og handle med brugskunst og -design samt anden hermed forbunden aktivitet.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2025318.8 mio.-9.3 mio.169.8 mio.53 mio.83
2024303.6 mio.-18.9 mio.245.2 mio.62.3 mio.83
2023320.2 mio.-21.9 mio.253.8 mio.81.1 mio.98
2021-31.6 mio.161.1 mio.52.9 mio.55
2019-3 mio.142.4 mio.47.4 mio.51
2018--27 mio.140.5 mio.49.5 mio.48
2017-16.1 mio.105.9 mio.52.6 mio.42
2016-5.5 mio.74.9 mio.40.2 mio.44
2015-8.7 mio.79.3 mio.46.7 mio.46
2014-5.5 mio.85.7 mio.47.8 mio.54
2013--1.4 mio.85 mio.40.9 mio.60

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Industry Benchmarks

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Compared to 558 companies in Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler

Revenue
Company318.8 mio.
Industry median2.0 mio.
158.6x
Profit margin
Company-2.9%
Industry median20.0%
100% below
Employees
Company83
Industry median5
16.6x
Equity ratio
Company31.2%
Industry median54.0%
42% below

Comparison is based on industry median values

Ownership

Owners
Designers Company A/S
CVR: 39373599
100%
Audo A/S
CVR: 15214236

Management

Directors

Lars Hardboe Galsgaard(ADM. DIR.)

Board

Elisabetta Scotti(FORMAND)
Lars Hardboe Galsgaard(BESTYRELSESMEDLEM)
Silvia Milanese(BESTYRELSESMEDLEM)

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Founders

Bjarne Hansen
Simon Peter Hansen
Edith Hansen

Production units (6)

Audo A/S
P-no: 1000882019
Århusgade 130 1., 2150, Nordhavn
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler
47 employees
Menu A/S Lager
P-no: 1021619708
Priorparken 435, 2605, Brøndby
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler
9 employees
MENU A/S
P-no: 1028955487
Nybo Bakke 4, 7500, Holstebro
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler
Menu A/S
P-no: 1028688888
Snaremosevej 23, 7000, Fredericia
Reparation og vedligeholdelse af møbler og boligudstyr

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History

113 events
2026
Audo A/S: The 2025 annual report is outMay 5, 2026

Audo A/S has published its annual report for 2025. Revenue came to DKK 318,798,000, and the net result was DKK -9,275,000.

2025
Audo A/S: The 2024 annual report is outJul 3, 2025

Audo A/S has published its annual report for 2024. Revenue came to DKK 303,562,000, and the net result was DKK -18,882,000.

Elisabetta Scotti joins the board of Audo A/SApr 30, 2025

As of April 30, 2025, Elisabetta Scotti has joined the board of directors of Audo A/S.

Alberto Michele Maria Toni leaves the board of Audo A/SApr 30, 2025

As of April 30, 2025, Alberto Michele Maria Toni has left the board of directors of Audo A/S.

Lars Hardboe Galsgaard joins the board of Audo A/SJan 6, 2025

As of January 6, 2025, Lars Hardboe Galsgaard has joined the board of directors of Audo A/S.

Søren Mygind Eskildsen leaves the board of Audo A/SJan 6, 2025

As of January 6, 2025, Søren Mygind Eskildsen has left the board of directors of Audo A/S.

Lars Hardboe Galsgaard joins Audo A/S as adm. dir.Jan 6, 2025

As of January 6, 2025, Lars Hardboe Galsgaard is registered as adm. dir. of Audo A/S.

Søren Mygind Eskildsen steps down as adm. dir. of Audo A/SJan 6, 2025

As of January 6, 2025, Søren Mygind Eskildsen has stepped down as adm. dir. of Audo A/S.

2024
Alberto Michele Maria Toni joins the board of Audo A/SOct 14, 2024

As of October 14, 2024, Alberto Michele Maria Toni has joined the board of directors of Audo A/S.

Silvia Milanese joins the board of Audo A/SOct 14, 2024

As of October 14, 2024, Silvia Milanese has joined the board of directors of Audo A/S.

Daniel Lalonde leaves the board of Audo A/SOct 14, 2024

As of October 14, 2024, Daniel Lalonde has left the board of directors of Audo A/S.

Alberto Michele Maria Toni leaves the board of Audo A/SOct 13, 2024

As of October 13, 2024, Alberto Michele Maria Toni has left the board of directors of Audo A/S.

Audo A/S: The 2023 annual report is outJul 5, 2024

Audo A/S has published its annual report for 2023. Revenue came to DKK 320,200,000, and the net result was DKK -21,913,000.

2023
Audo A/S publishes interim reportJul 12, 2023

Audo A/S has published its interim report for the period October 1, 2021 – December 31, 2022.

Audo A/S appoints new auditorJun 28, 2023

As of June 28, 2023, EY Godkendt Revisionspartnerselskab has been appointed auditor of Audo A/S.

Auditor steps down at Audo A/SJun 28, 2023

As of June 28, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Audo A/S.

Alberto Michele Maria Toni joins the board of Audo A/SMay 1, 2023

As of May 1, 2023, Alberto Michele Maria Toni has joined the board of directors of Audo A/S.

Lene Bech Hansen leaves the board of Audo A/SMay 1, 2023

As of May 1, 2023, Lene Bech Hansen has left the board of directors of Audo A/S.

Lene Bech Hansen joins the board of Audo A/SApr 11, 2023

As of April 11, 2023, Lene Bech Hansen has joined the board of directors of Audo A/S.

Alessandro Poletto leaves the board of Audo A/SApr 11, 2023

As of April 11, 2023, Alessandro Poletto has left the board of directors of Audo A/S.

Daniel Lalonde joins the board of Audo A/SJan 18, 2023

As of January 18, 2023, Daniel Lalonde has joined the board of directors of Audo A/S.

Alessandro Poletto joins the board of Audo A/SJan 18, 2023

As of January 18, 2023, Alessandro Poletto has joined the board of directors of Audo A/S.

Danny Espersen leaves the board of Audo A/SJan 18, 2023

As of January 18, 2023, Danny Espersen has left the board of directors of Audo A/S.

Søren Mygind Eskildsen joins Audo A/S as adm. dir.Jan 18, 2023

As of January 18, 2023, Søren Mygind Eskildsen is registered as adm. dir. of Audo A/S.

Danny Espersen steps down as adm. dir. of Audo A/SJan 18, 2023

As of January 18, 2023, Danny Espersen has stepped down as adm. dir. of Audo A/S.

Mikkel Guldborg Bredmose steps down as director of Audo A/SJan 18, 2023

As of January 18, 2023, Mikkel Guldborg Bredmose has stepped down as director of Audo A/S.

Alessandro Poletto leaves the board of Audo A/SJan 17, 2023

As of January 17, 2023, Alessandro Poletto has left the board of directors of Audo A/S.

2022
Søren Mygind Eskildsen joins the board of Audo A/SMay 24, 2022

As of May 24, 2022, Søren Mygind Eskildsen has joined the board of directors of Audo A/S.

Danny Espersen joins the board of Audo A/SMay 24, 2022

As of May 24, 2022, Danny Espersen has joined the board of directors of Audo A/S.

Alessandro Poletto joins the board of Audo A/SMay 24, 2022

As of May 24, 2022, Alessandro Poletto has joined the board of directors of Audo A/S.

Bjarne Hansen leaves the board of Audo A/SMay 24, 2022

As of May 24, 2022, Bjarne Hansen has left the board of directors of Audo A/S.

Søren Schriver leaves the board of Audo A/SMay 24, 2022

As of May 24, 2022, Søren Schriver has left the board of directors of Audo A/S.

Peter Rathsach leaves the board of Audo A/SMay 24, 2022

As of May 24, 2022, Peter Rathsach has left the board of directors of Audo A/S.

Allan Bach Pedersen leaves the board of Audo A/SMay 24, 2022

As of May 24, 2022, Allan Bach Pedersen has left the board of directors of Audo A/S.

Christian Mariager leaves the board of Audo A/SMay 24, 2022

As of May 24, 2022, Christian Mariager has left the board of directors of Audo A/S.

Audo A/S: The 2021 annual report is outMar 4, 2022

Audo A/S has published its annual report for 2021. Gross profit came to DKK 97,593,099, and the net result was DKK 31,632,146.

2021
Audo A/S publishes interim reportFeb 15, 2021

Audo A/S has published its interim report for the period January 1, 2020 – September 30, 2020.

2020
Peter Rathsach joins the board of Audo A/SAug 20, 2020

As of August 20, 2020, Peter Rathsach has joined the board of directors of Audo A/S.

Christian Mariager joins the board of Audo A/SAug 20, 2020

As of August 20, 2020, Christian Mariager has joined the board of directors of Audo A/S.

Audo A/S: The 2019 annual report is outApr 21, 2020

Audo A/S has published its annual report for 2019. Gross profit came to DKK 76,481,693, and the net result was DKK 3,033,342.

2019
Audo A/S: The 2018 annual report is outJun 3, 2019

Audo A/S has published its annual report for 2018. Gross profit came to DKK 42,310,136, and the net result was DKK -27,048,688.

Henrik Althoehn Henriksen leaves the board of Audo A/SApr 30, 2019

As of April 30, 2019, Henrik Althoehn Henriksen has left the board of directors of Audo A/S.

Jan Johan Kühl leaves the board of Audo A/SJan 3, 2019

As of January 3, 2019, Jan Johan Kühl has left the board of directors of Audo A/S.

Danny Espersen joins Audo A/S as adm. dir.Jan 3, 2019

As of January 3, 2019, Danny Espersen is registered as adm. dir. of Audo A/S.

Mikkel Guldborg Bredmose joins Audo A/S as directorJan 3, 2019

As of January 3, 2019, Mikkel Guldborg Bredmose is registered as director of Audo A/S.

Bjarne Hansen steps down as adm. dir. of Audo A/SJan 3, 2019

As of January 3, 2019, Bjarne Hansen has stepped down as adm. dir. of Audo A/S.

2018
Henrik Althoehn Henriksen joins the board of Audo A/SJun 14, 2018

As of June 14, 2018, Henrik Althoehn Henriksen has joined the board of directors of Audo A/S.

Jan Johan Kühl joins the board of Audo A/SApr 10, 2018

As of April 10, 2018, Jan Johan Kühl has joined the board of directors of Audo A/S.

Søren Schriver joins the board of Audo A/SApr 10, 2018

As of April 10, 2018, Søren Schriver has joined the board of directors of Audo A/S.

Allan Bach Pedersen joins the board of Audo A/SApr 10, 2018

As of April 10, 2018, Allan Bach Pedersen has joined the board of directors of Audo A/S.

Peter Midtgaard leaves the board of Audo A/SApr 10, 2018

As of April 10, 2018, Peter Midtgaard has left the board of directors of Audo A/S.

Simon Peter Hansen leaves the board of Audo A/SApr 10, 2018

As of April 10, 2018, Simon Peter Hansen has left the board of directors of Audo A/S.

Designers Company A/S registered as owner of Audo A/SApr 10, 2018

As of April 10, 2018, Designers Company A/S is registered as an owner of Audo A/S with an ownership share of 100%.

Audo A/S: The 2017 annual report is outMar 21, 2018

Audo A/S has published its annual report for 2017. Gross profit came to DKK 55,895,025, and the net result was DKK 16,084,768.

2017
Peter Midtgaard joins the board of Audo A/SOct 27, 2017

As of October 27, 2017, Peter Midtgaard has joined the board of directors of Audo A/S.

Anne Hasløv leaves the board of Audo A/SOct 27, 2017

As of October 27, 2017, Anne Hasløv has left the board of directors of Audo A/S.

Lone Just leaves the board of Audo A/SOct 27, 2017

As of October 27, 2017, Lone Just has left the board of directors of Audo A/S.

Peter Midtgaard leaves the board of Audo A/SOct 26, 2017

As of October 26, 2017, Peter Midtgaard has left the board of directors of Audo A/S.

Audo A/S: The 2016 annual report is outMay 31, 2017

Audo A/S has published its annual report for 2016. Gross profit came to DKK 41,233,334, and the net result was DKK 5,453,462.

Bjarne Hansen joins Audo A/S as adm. dir.Jan 31, 2017

As of January 31, 2017, Bjarne Hansen is registered as adm. dir. of Audo A/S.

Peter Midtgaard steps down as adm. dir. of Audo A/SJan 31, 2017

As of January 31, 2017, Peter Midtgaard has stepped down as adm. dir. of Audo A/S.

Bjarne Hansen steps down as director of Audo A/SJan 30, 2017

As of January 30, 2017, Bjarne Hansen has stepped down as director of Audo A/S.

2016
Anne Hasløv joins the board of Audo A/SNov 22, 2016

As of November 22, 2016, Anne Hasløv has joined the board of directors of Audo A/S.

Jesper Bramming leaves the board of Audo A/SNov 22, 2016

As of November 22, 2016, Jesper Bramming has left the board of directors of Audo A/S.

Niels Ulrik Møller leaves the board of Audo A/SSep 16, 2016

As of September 16, 2016, Niels Ulrik Møller has left the board of directors of Audo A/S.

Audo A/S: The 2015 annual report is outJun 1, 2016

Audo A/S has published its annual report for 2015. Gross profit came to DKK 40,213,707, and the net result was DKK 8,749,544.

2015
Audo A/S: The 2014 annual report is outApr 13, 2015

Audo A/S has published its annual report for 2014. Gross profit came to DKK 35,524,525, and the net result was DKK 5,495,660.

Lone Just joins the board of Audo A/SApr 7, 2015

As of April 7, 2015, Lone Just has joined the board of directors of Audo A/S.

Jesper Bramming joins the board of Audo A/SApr 7, 2015

As of April 7, 2015, Jesper Bramming has joined the board of directors of Audo A/S.

Niels Ulrik Møller joins the board of Audo A/SApr 7, 2015

As of April 7, 2015, Niels Ulrik Møller has joined the board of directors of Audo A/S.

Michael Kjærgaard leaves the board of Audo A/SApr 7, 2015

As of April 7, 2015, Michael Kjærgaard has left the board of directors of Audo A/S.

Uffe Benne Johansen leaves the board of Audo A/SApr 7, 2015

As of April 7, 2015, Uffe Benne Johansen has left the board of directors of Audo A/S.

2014
Poul Erik Jakobsen leaves the board of Audo A/SDec 31, 2014

As of December 31, 2014, Poul Erik Jakobsen has left the board of directors of Audo A/S.

Audo A/S: The 2013 annual report is outMay 22, 2014

Audo A/S has published its annual report for 2013. Gross profit came to DKK 31,583,344, and the net result was DKK -1,431,224.

2013
Audo A/S: The 2012 annual report is outMay 7, 2013

Audo A/S has published its annual report for 2012.

2011
Audo A/S appoints new auditorJul 1, 2011

As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Audo A/S.

Auditor steps down at Audo A/SJul 1, 2011

As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of Audo A/S.

2010
Audo A/S appoints new auditorJul 29, 2010

As of July 29, 2010, A/S PSE NR. 4820 has been appointed auditor of Audo A/S.

Auditor steps down at Audo A/SJul 29, 2010

As of July 29, 2010, JUT NR. 2180 A/S has stepped down as auditor of Audo A/S.

2009
Ole Poulsen steps down as director of Audo A/SAug 17, 2009

As of August 17, 2009, Ole Poulsen has stepped down as director of Audo A/S.

2006
Poul Erik Jakobsen joins the board of Audo A/SSep 26, 2006

As of September 26, 2006, Poul Erik Jakobsen has joined the board of directors of Audo A/S.

Uffe Benne Johansen joins the board of Audo A/SSep 26, 2006

As of September 26, 2006, Uffe Benne Johansen has joined the board of directors of Audo A/S.

Ebbe Bartholin Holm leaves the board of Audo A/SSep 26, 2006

As of September 26, 2006, Ebbe Bartholin Holm has left the board of directors of Audo A/S.

John Martin Hansen leaves the board of Audo A/SSep 26, 2006

As of September 26, 2006, John Martin Hansen has left the board of directors of Audo A/S.

Sven Erik Straarup leaves the board of Audo A/SSep 26, 2006

As of September 26, 2006, Sven Erik Straarup has left the board of directors of Audo A/S.

Peter Midtgaard joins the board of Audo A/SJun 22, 2006

As of June 22, 2006, Peter Midtgaard has joined the board of directors of Audo A/S.

Henry Kristian Haahr leaves the board of Audo A/SJun 22, 2006

As of June 22, 2006, Henry Kristian Haahr has left the board of directors of Audo A/S.

Peter Midtgaard joins Audo A/S as adm. dir.Jun 15, 2006

As of June 15, 2006, Peter Midtgaard is registered as adm. dir. of Audo A/S.

Bjarne Hansen joins Audo A/S as directorJun 15, 2006

As of June 15, 2006, Bjarne Hansen is registered as director of Audo A/S.

Simon Peter Hansen joins the board of Audo A/SMay 3, 2006

As of May 3, 2006, Simon Peter Hansen has joined the board of directors of Audo A/S.

Michael Kjærgaard joins the board of Audo A/SMay 3, 2006

As of May 3, 2006, Michael Kjærgaard has joined the board of directors of Audo A/S.

Ole Poulsen joins Audo A/S as directorFeb 6, 2006

As of February 6, 2006, Ole Poulsen is registered as director of Audo A/S.

Henry Kristian Haahr steps down as director of Audo A/SFeb 6, 2006

As of February 6, 2006, Henry Kristian Haahr has stepped down as director of Audo A/S.

Jeanette Aaen steps down as director of Audo A/SFeb 6, 2006

As of February 6, 2006, Jeanette Aaen has stepped down as director of Audo A/S.

2004
Jeanette Aaen joins Audo A/S as directorDec 10, 2004

As of December 10, 2004, Jeanette Aaen is registered as director of Audo A/S.

Jørn Corydon-Lund steps down as salgs- og marketingdirektør of Audo A/SDec 10, 2004

As of December 10, 2004, Jørn Corydon-Lund has stepped down as salgs- og marketingdirektør of Audo A/S.

Bjarne Hansen joins the board of Audo A/SAug 12, 2004

As of August 12, 2004, Bjarne Hansen has joined the board of directors of Audo A/S.

2003
Audo A/S appoints new auditorMar 17, 2003

As of March 17, 2003, JUT NR. 2180 A/S has been appointed auditor of Audo A/S.

Auditor steps down at Audo A/SMar 17, 2003

As of March 17, 2003, REVISORERNE RANDERSGADE 60 STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of Audo A/S.

Jørn Corydon-Lund joins Audo A/S as salgs- og marketingdirektørMar 3, 2003

As of March 3, 2003, Jørn Corydon-Lund is registered as salgs- og marketingdirektør of Audo A/S.

Bjarne Hansen steps down as director of Audo A/SMar 3, 2003

As of March 3, 2003, Bjarne Hansen has stepped down as director of Audo A/S.

1996
Henry Kristian Haahr joins the board of Audo A/SOct 8, 1996

As of October 8, 1996, Henry Kristian Haahr has joined the board of directors of Audo A/S.

Henry Kristian Haahr joins Audo A/S as directorJan 1, 1996

As of January 1, 1996, Henry Kristian Haahr is registered as director of Audo A/S.

Bjarne Hansen joins Audo A/S as directorJan 1, 1996

As of January 1, 1996, Bjarne Hansen is registered as director of Audo A/S.

Simon Peter Hansen joins Audo A/S as directorJan 1, 1996

As of January 1, 1996, Simon Peter Hansen is registered as director of Audo A/S.

1995
Simon Peter Hansen steps down as director of Audo A/SDec 31, 1995

As of December 31, 1995, Simon Peter Hansen has stepped down as director of Audo A/S.

1994
Auditor steps down at Audo A/SJan 27, 1994

As of January 27, 1994, REVISIONSFIRMAET PREBEN RASMUSSEN A/S has stepped down as auditor of Audo A/S.

1991
Audo A/S appoints new auditorJul 1, 1991

As of July 1, 1991, REVISORERNE RANDERSGADE 60 STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of Audo A/S.

Audo A/S appoints new auditorJul 1, 1991

As of July 1, 1991, REVISIONSFIRMAET PREBEN RASMUSSEN A/S has been appointed auditor of Audo A/S.

Ebbe Bartholin Holm joins the board of Audo A/SJul 1, 1991

As of July 1, 1991, Ebbe Bartholin Holm has joined the board of directors of Audo A/S.

John Martin Hansen joins the board of Audo A/SJul 1, 1991

As of July 1, 1991, John Martin Hansen has joined the board of directors of Audo A/S.

Sven Erik Straarup joins the board of Audo A/SJul 1, 1991

As of July 1, 1991, Sven Erik Straarup has joined the board of directors of Audo A/S.

Audo A/S is foundedJul 1, 1991

Audo A/S was founded on July 1, 1991.

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