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SCHULTZ SEATING GROUP A/S

CVR: 16875996

Growing 9% p.a.Medium companyWell-established (33 yrs)Loss-making

Secondary names: SCHULTZ SEATING SYSTEM A/S, Schultz Seating Denmark A/S, Schultz Seating Production A/S

Previous names: JSC-3.001 A/S, A/S P. SCHULTZ & CO MASKINFABRIK, SCHULTZ SEATING SYSTEM A/S

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About SCHULTZ SEATING GROUP A/S

SCHULTZ SEATING GROUP A/S is a Danish company of the type Aktieselskab based in Galten, founded in 1993. The company is registered under the industry Fremstilling af låse og hængsler. The company was previously named SCHULTZ SEATING DENMARK A/S and SCHULTZ SEATING SYSTEM A/S. The management consists of Ole Søren Nebbegaard. The company is owned by SCHULTZ SEATING HOLDING ApS. The company has 27 employees. In 2025, the company reported revenue of DKK 25,655,163 and a net result of DKK -18,077,853 compared with DKK -16,481,466 the year before. Equity amounted to DKK 7,092,932.

The financial health of SCHULTZ SEATING GROUP A/S appears to be declining, with significant losses reported in recent years. Revenue peaked at 47.2 million DKK in 2022 but has since dropped to 25.7 million DKK in 2025, while profit margins have turned negative, culminating in a loss of 18.1 million DKK in 2025. Despite a strong equity position of 7.1 million DKK in 2025, the company's ability to generate profit is a concern, especially given the substantial equity drop from 40.6 million DKK in 2023. Overall, the company is facing challenges in maintaining its position within the manufacturing sector of locks and hinges, indicating a need for strategic adjustments to improve profitability and stabilize revenue.

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Overview

Company type
A/S
Aktieselskab
Address
Røddikvej 72, 8464 Galten
SKANDERBORG
8464 Galten
Find nearby companies
Founded
14.4.1993

Details

Industry
Fremstilling af låse og hængsler
Code: 256200
Employees
27 employees
25 FTE
(2018)
Capital
500.000 kr.

Contact

Phone
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Website
https://schultz-seating.com

Purpose

Selskabets formål er at drive fabrikation og udvikling indenfor møbelindustrien, handel og finansiering samt anden dermed i forbindelse stående virksomhed efter bestyrelsens skøn

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202525.7 mio.-18.1 mio.64.1 mio.7.1 mio.218
202430.9 mio.-16.5 mio.66.1 mio.24.9 mio.246
202344.4 mio.-2.6 mio.71.5 mio.40.6 mio.323
202247.2 mio.6.3 mio.74.3 mio.42.6 mio.333
2021-4 mio.64.8 mio.35.3 mio.27
2020-2.3 mio.63.6 mio.31.9 mio.24
2019--868 t.56.5 mio.24.5 mio.27
2018-3 mio.50.8 mio.28.2 mio.29
2017-4.3 mio.47.1 mio.25.2 mio.24
2016-3.7 mio.38.4 mio.20.5 mio.-
2015-3.5 mio.40.7 mio.18.3 mio.-
2014--98 t.35.3 mio.13 mio.-
2013--180 t.40.9 mio.13.5 mio.-

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Industry Benchmarks

View industry report

Compared to 34 companies in Fremstilling af låse og hængsler

Revenue
Company25.7 mio.
Industry median1.8 mio.
14.2x
Profit margin
Company-70.5%
Industry median20.0%
100% below
Employees
Company218
Industry median4
54.5x
Equity ratio
Company11.1%
Industry median44.0%
4.0x below

Comparison is based on industry median values

Ownership

Owners
SCHULTZ SEATING HOLDING ApS
CVR: 26424003
100%
SCHULTZ SEATING GROUP A/S
CVR: 16875996

Management

Directors

Ole Søren Nebbegaard(ADM. DIR.)

Board

Kristian Maan Tokkesdal(FORMAND)
Anders Nørgaard Kier(BESTYRELSESMEDLEM)
Sanne Birk Nebbegaard(BESTYRELSESMEDLEM)

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Founders

ApS JØRGEN SCHULTZ CHRISTENSEN. GALTEN
JSC INVEST ApS
J.S.C. FINANS A/S

Production units (1)

SCHULTZ SEATING GROUP A/S
P-no: 1001175971
Røddikvej 72, 8464, Galten
Fremstilling af låse og hængsler
27 employees

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History

60 events
2026
SCHULTZ SEATING GROUP A/S updates contact informationMay 28, 2026

Contact info changed: new phone: 87555777 (May 28, 2026).

SCHULTZ SEATING GROUP A/S updates contact informationFeb 10, 2026

Contact info changed: new phone: 87555777 (February 10, 2026).

SCHULTZ SEATING GROUP A/S appoints new auditorFeb 6, 2026

As of February 6, 2026, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has been appointed auditor of SCHULTZ SEATING GROUP A/S.

Auditor steps down at SCHULTZ SEATING GROUP A/SFeb 6, 2026

As of February 6, 2026, EY Godkendt Revisionspartnerselskab has stepped down as auditor of SCHULTZ SEATING GROUP A/S.

2025
SCHULTZ SEATING GROUP A/S: The 2025 annual report is outNov 28, 2025

SCHULTZ SEATING GROUP A/S has published its annual report for 2025. Revenue came to DKK 25,655,163, and the net result was DKK -18,077,853.

2024
SCHULTZ SEATING GROUP A/S: The 2024 annual report is outNov 11, 2024

SCHULTZ SEATING GROUP A/S has published its annual report for 2024. Revenue came to DKK 30,866,509, and the net result was DKK -16,481,466.

2023
SCHULTZ SEATING GROUP A/S: The 2023 annual report is outOct 31, 2023

SCHULTZ SEATING GROUP A/S has published its annual report for 2023. Revenue came to DKK 44,353,600, and the net result was DKK -2,561,230.

2022
SCHULTZ SEATING DENMARK A/S changes name to SCHULTZ SEATING GROUP A/SDec 9, 2022

On December 9, 2022, the company changed its name from SCHULTZ SEATING DENMARK A/S to SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S: The 2022 annual report is outSep 26, 2022

SCHULTZ SEATING GROUP A/S has published its annual report for 2022. Revenue came to DKK 47,156,204, and the net result was DKK 6,262,073.

2021
SCHULTZ SEATING GROUP A/S: The 2021 annual report is outSep 30, 2021

SCHULTZ SEATING GROUP A/S has published its annual report for 2021. Gross profit came to DKK 14,661,521, and the net result was DKK 4,028,081.

2020
SCHULTZ SEATING GROUP A/S appoints new auditorDec 4, 2020

As of December 4, 2020, EY Godkendt Revisionspartnerselskab has been appointed auditor of SCHULTZ SEATING GROUP A/S.

Auditor steps down at SCHULTZ SEATING GROUP A/SDec 4, 2020

As of December 4, 2020, Beierholm Godkendt Revisionspartnerselskab has stepped down as auditor of SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S: The 2020 annual report is outOct 11, 2020

SCHULTZ SEATING GROUP A/S has published its annual report for 2020. Gross profit came to DKK 14,056,646, and the net result was DKK 2,328,855.

Alis Sindbjerg Hinrichsen leaves the board of SCHULTZ SEATING GROUP A/SJul 1, 2020

As of July 1, 2020, Alis Sindbjerg Hinrichsen has left the board of directors of SCHULTZ SEATING GROUP A/S.

2019
Alis Sindbjerg Hinrichsen joins the board of SCHULTZ SEATING GROUP A/SSep 26, 2019

As of September 26, 2019, Alis Sindbjerg Hinrichsen has joined the board of directors of SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S: The 2019 annual report is outSep 16, 2019

SCHULTZ SEATING GROUP A/S has published its annual report for 2019. Gross profit came to DKK 12,998,466, and the net result was DKK -867,959.

2018
SCHULTZ SEATING GROUP A/S: The 2018 annual report is outSep 28, 2018

SCHULTZ SEATING GROUP A/S has published its annual report for 2018. Gross profit came to DKK 11,925,329, and the net result was DKK 3,037,389.

2017
Sanne Birk Nebbegaard joins the board of SCHULTZ SEATING GROUP A/SOct 1, 2017

As of October 1, 2017, Sanne Birk Nebbegaard has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Ditte Birk Nebbegaard leaves the board of SCHULTZ SEATING GROUP A/SSep 30, 2017

As of September 30, 2017, Ditte Birk Nebbegaard has left the board of directors of SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S: The 2017 annual report is outSep 25, 2017

SCHULTZ SEATING GROUP A/S has published its annual report for 2017. Gross profit came to DKK 11,649,096, and the net result was DKK 4,341,590.

2016
SCHULTZ SEATING GROUP A/S: The 2016 annual report is outOct 3, 2016

SCHULTZ SEATING GROUP A/S has published its annual report for 2016. Gross profit came to DKK 11,596,669, and the net result was DKK 3,739,945.

2015
SCHULTZ SEATING GROUP A/S: The 2015 annual report is outSep 28, 2015

SCHULTZ SEATING GROUP A/S has published its annual report for 2015. Gross profit came to DKK 10,454,052, and the net result was DKK 3,458,050.

2014
Kristian Maan Tokkesdal joins the board of SCHULTZ SEATING GROUP A/SOct 8, 2014

As of October 8, 2014, Kristian Maan Tokkesdal has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Anders Nørgaard Kier joins the board of SCHULTZ SEATING GROUP A/SOct 8, 2014

As of October 8, 2014, Anders Nørgaard Kier has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Ditte Birk Nebbegaard joins the board of SCHULTZ SEATING GROUP A/SOct 8, 2014

As of October 8, 2014, Ditte Birk Nebbegaard has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Jens Aage Jerslev leaves the board of SCHULTZ SEATING GROUP A/SOct 8, 2014

As of October 8, 2014, Jens Aage Jerslev has left the board of directors of SCHULTZ SEATING GROUP A/S.

Poul Kristian Mouritsen leaves the board of SCHULTZ SEATING GROUP A/SOct 8, 2014

As of October 8, 2014, Poul Kristian Mouritsen has left the board of directors of SCHULTZ SEATING GROUP A/S.

Jørgen Schultz Christensen leaves the board of SCHULTZ SEATING GROUP A/SOct 8, 2014

As of October 8, 2014, Jørgen Schultz Christensen has left the board of directors of SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S: The 2014 annual report is outSep 26, 2014

SCHULTZ SEATING GROUP A/S has published its annual report for 2014. Gross profit came to DKK 8,686,665, and the net result was DKK -97,946.

2013
SCHULTZ SEATING GROUP A/S: The 2013 annual report is outOct 1, 2013

SCHULTZ SEATING GROUP A/S has published its annual report for 2013. Gross profit came to DKK 9,160,369, and the net result was DKK -179,966.

2012
SCHULTZ SEATING SYSTEM A/S changes name to SCHULTZ SEATING DENMARK A/SDec 19, 2012

On December 19, 2012, the company changed its name from SCHULTZ SEATING SYSTEM A/S to SCHULTZ SEATING DENMARK A/S.

2011
Jens Aage Jerslev joins the board of SCHULTZ SEATING GROUP A/SDec 22, 2011

As of December 22, 2011, Jens Aage Jerslev has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Poul Kristian Mouritsen joins the board of SCHULTZ SEATING GROUP A/SDec 22, 2011

As of December 22, 2011, Poul Kristian Mouritsen has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Jørgen Schultz Christensen joins the board of SCHULTZ SEATING GROUP A/SDec 22, 2011

As of December 22, 2011, Jørgen Schultz Christensen has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Ole Søren Nebbegaard leaves the board of SCHULTZ SEATING GROUP A/SDec 22, 2011

As of December 22, 2011, Ole Søren Nebbegaard has left the board of directors of SCHULTZ SEATING GROUP A/S.

Allan Hvidbjerg Laxby leaves the board of SCHULTZ SEATING GROUP A/SDec 22, 2011

As of December 22, 2011, Allan Hvidbjerg Laxby has left the board of directors of SCHULTZ SEATING GROUP A/S.

Ole Søren Nebbegaard joins SCHULTZ SEATING GROUP A/S as adm. dir.Dec 22, 2011

As of December 22, 2011, Ole Søren Nebbegaard is registered as adm. dir. of SCHULTZ SEATING GROUP A/S.

2010
SCHULTZ SEATING GROUP A/S appoints new auditorSep 13, 2010

As of September 13, 2010, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of SCHULTZ SEATING GROUP A/S.

Auditor steps down at SCHULTZ SEATING GROUP A/SSep 13, 2010

As of September 13, 2010, Beierholm Godkendt Revisionspartnerselskab has stepped down as auditor of SCHULTZ SEATING GROUP A/S.

2009
Allan Hvidbjerg Laxby joins the board of SCHULTZ SEATING GROUP A/SSep 21, 2009

As of September 21, 2009, Allan Hvidbjerg Laxby has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Ole Lundkvist Andreasen leaves the board of SCHULTZ SEATING GROUP A/SSep 21, 2009

As of September 21, 2009, Ole Lundkvist Andreasen has left the board of directors of SCHULTZ SEATING GROUP A/S.

2005
Ole Lundkvist Andreasen joins the board of SCHULTZ SEATING GROUP A/SAug 29, 2005

As of August 29, 2005, Ole Lundkvist Andreasen has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Kristian Møller leaves the board of SCHULTZ SEATING GROUP A/SAug 29, 2005

As of August 29, 2005, Kristian Møller has left the board of directors of SCHULTZ SEATING GROUP A/S.

A/S P. SCHULTZ & CO MASKINFABRIK changes name to SCHULTZ SEATING SYSTEM A/SJun 17, 2005

On June 17, 2005, the company changed its name from A/S P. SCHULTZ & CO MASKINFABRIK to SCHULTZ SEATING SYSTEM A/S.

2003
SCHULTZ SEATING GROUP A/S appoints new auditorMar 28, 2003

As of March 28, 2003, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of SCHULTZ SEATING GROUP A/S.

Auditor steps down at SCHULTZ SEATING GROUP A/SMar 28, 2003

As of March 28, 2003, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of SCHULTZ SEATING GROUP A/S.

2002
SCHULTZ SEATING HOLDING ApS registered as owner of SCHULTZ SEATING GROUP A/SDec 20, 2002

As of December 20, 2002, SCHULTZ SEATING HOLDING ApS is registered as an owner of SCHULTZ SEATING GROUP A/S with an ownership share of 100%.

2000
Jørgen Schultz Christensen joins SCHULTZ SEATING GROUP A/S as directorMar 8, 2000

As of March 8, 2000, Jørgen Schultz Christensen is registered as director of SCHULTZ SEATING GROUP A/S.

Jørgen Schultz Christensen steps down as director of SCHULTZ SEATING GROUP A/SMar 8, 2000

As of March 8, 2000, Jørgen Schultz Christensen has stepped down as director of SCHULTZ SEATING GROUP A/S.

Lissi Lundkvist Christensen leaves the board of SCHULTZ SEATING GROUP A/SFeb 21, 2000

As of February 21, 2000, Lissi Lundkvist Christensen has left the board of directors of SCHULTZ SEATING GROUP A/S.

1999
Ole Søren Nebbegaard joins the board of SCHULTZ SEATING GROUP A/SJun 21, 1999

As of June 21, 1999, Ole Søren Nebbegaard has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Carsten Møller leaves the board of SCHULTZ SEATING GROUP A/SJun 21, 1999

As of June 21, 1999, Carsten Møller has left the board of directors of SCHULTZ SEATING GROUP A/S.

1993
JSC-3.001 A/S changes name to A/S P. SCHULTZ & CO MASKINFABRIKOct 13, 1993

On October 13, 1993, the company changed its name from JSC-3.001 A/S to A/S P. SCHULTZ & CO MASKINFABRIK.

Birgit Madsen leaves the board of SCHULTZ SEATING GROUP A/SOct 12, 1993

As of October 12, 1993, Birgit Madsen has left the board of directors of SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S appoints new auditorApr 14, 1993

As of April 14, 1993, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of SCHULTZ SEATING GROUP A/S.

Lissi Lundkvist Christensen joins the board of SCHULTZ SEATING GROUP A/SApr 14, 1993

As of April 14, 1993, Lissi Lundkvist Christensen has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Birgit Madsen joins the board of SCHULTZ SEATING GROUP A/SApr 14, 1993

As of April 14, 1993, Birgit Madsen has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Kristian Møller joins the board of SCHULTZ SEATING GROUP A/SApr 14, 1993

As of April 14, 1993, Kristian Møller has joined the board of directors of SCHULTZ SEATING GROUP A/S.

Carsten Møller joins the board of SCHULTZ SEATING GROUP A/SApr 14, 1993

As of April 14, 1993, Carsten Møller has joined the board of directors of SCHULTZ SEATING GROUP A/S.

SCHULTZ SEATING GROUP A/S is foundedApr 14, 1993

SCHULTZ SEATING GROUP A/S was founded on April 14, 1993.