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GLOBAL TIMBER A/S: Financial statements 2022

CVR: 29429774

Source: annual report 2022, Danish Business Authority

01/07/2021 – 30/06/2022

GLOBAL TIMBER A/S (CVR 29429774) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 63,954,714 and a net result of DKK 31,117,606 compared with DKK 16,627,300 the year before. That is an increase of 54.2% compared with the year before. Equity in the 2022 report amounted to DKK 77,626,022. The solvency ratio was 44.6%. The company had 32 employees in the financial year.

Gross Profit
DKK 63,954,714
Profit/Loss
DKK 31,117,606
Equity
DKK 77,626,022
Total Assets
DKK 174,014,488
Employees
32

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-64 mio.31.1 mio.77.6 mio.32
2021-41.5 mio.16.6 mio.54.3 mio.27
2020-25.9 mio.4.8 mio.40.2 mio.29
2019-29.4 mio.8.6 mio.35.6 mio.23
2018295.8 mio.33.1 mio.10.7 mio.32 mio.23

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Events in 2022

A/S GLOBAL TIMBER changes name to GLOBAL TIMBER A/SOct 7, 2022

On October 7, 2022, the company changed its name from A/S GLOBAL TIMBER to GLOBAL TIMBER A/S.

GLOBAL TIMBER A/S appoints new auditorJul 11, 2022

As of July 11, 2022, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of GLOBAL TIMBER A/S.

Auditor steps down at GLOBAL TIMBER A/SJul 11, 2022

As of July 11, 2022, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of GLOBAL TIMBER A/S.

Peter Bæk leaves the board of GLOBAL TIMBER A/SJul 11, 2022

As of July 11, 2022, Peter Bæk has left the board of directors of GLOBAL TIMBER A/S.

About GLOBAL TIMBER A/S

GLOBAL TIMBER A/S is a Danish company of the type Aktieselskab based in Højbjerg, founded in 2006. The company is registered under the industry Engroshandel med træ og byggematerialer samt sanitetsartikler. The company was previously named A/S GLOBAL TIMBER. The management consists of Anders Trap Bitzer. The board consists of Erling Sørensen (chair), Anders Trap Bitzer, Kasper Fredsted and Søren Goth Brunbjerg Vinther. The company is owned by GT Group ApS. The company has 29 employees (2026). In 2025, the company reported a gross profit of DKK 30,092,795 and a net result of DKK 5,892,549 compared with DKK 4,349,384 the year before. Equity in the 2025 report amounted to DKK 65,965,802.

Source: annual report 2025, Danish Business Authority