CVR: 35850287
Previous names: GARMENT PROJECT IVS
DKK 1,968,210
Gross profit
Net result: DKK -866,147
EC-PACK ApS, LØVDAL HOLDING ApS
1 more
CVR · view ownership and management
Owner registered: LØVDAL HOLDING ApS
CVR · 30/10/2024
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Garment Project ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2014. The company is registered under the industry Engroshandel med beklædning. The company was previously named GARMENT PROJECT IVS. The management consists of Kent Rau Madsen. The company is owned by EC-PACK ApS, LØVDAL HOLDING ApS and K. R. M. HOLDING ApS. The company has 4 employees (2018). In 2025, the company reported a gross profit of DKK 1,968,210 and a net result of DKK -866,147 compared with DKK 65,046 the year before. Equity in the 2025 report amounted to DKK 2,406,595.
Source: annual report 2025, Danish Business Authority
The financial health of Garment Project ApS shows significant volatility, with a notable decline in gross profit from 5,763,978 DKK in 2021 to 1,968,210 DKK in 2025. Profitability has fluctuated, transitioning from a profit of 1,904,947 DKK in 2021 to losses in the subsequent years, culminating in a loss of 866,147 DKK in 2025. Despite these challenges, the company maintains a reasonable equity position of 2,406,595 DKK, though it has decreased from a high of 4,695,494 DKK in 2021. The absence of disclosed revenue figures complicates the assessment of overall market position, but the declining gross profit trend raises concerns about sustainability within the competitive clothing wholesale industry.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at udøve virksomhed med design af tøj og anden beklædning, handelsvirksomhed inden for beklædning samt hermed efter ledelsens skøn beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 2 mio. | -866 t. | 9.8 mio. | 2.4 mio. | 3 | |
| 202401/01/2024 – 31/12/2024 | 2.1 mio. | 65 t. | 10 mio. | 3.3 mio. | 3 | |
| 202301/01/2023 – 31/12/2023 | 2.2 mio. | -1 mio. | 8.4 mio. | 2.7 mio. | 5 | |
| 202201/01/2022 – 31/12/2022 | 3.3 mio. | -977 t. | 10.7 mio. | 3.7 mio. | 8 | |
| 202101/01/2021 – 31/12/2021 | 5.8 mio. | 1.9 mio. | 12.4 mio. | 4.7 mio. | 5 | |
| 202001/01/2020 – 31/12/2020 | 3.6 mio. | 822 t. | 10 mio. | 2.8 mio. | 3 | |
| 201901/01/2019 – 31/12/2019 | 3.3 mio. | 1.2 mio. | 10 mio. | 2.5 mio. | - | |
| 201801/01/2018 – 31/12/2018 | 1.9 mio. | 3 t. | 6.7 mio. | 1.2 mio. | - | |
| 201701/01/2017 – 31/12/2017 | 2.2 mio. | 471 t. | 5.4 mio. | 1.2 mio. | - | |
| 201601/01/2016 – 31/12/2016 | 1.8 mio. | 393 t. | 2.1 mio. | 746 t. | 2 | |
| 201501/01/2015 – 31/12/2015 | 1.2 mio. | 360 t. | 3.1 mio. | 353 t. | - |
Compared to 703 companies in Engroshandel med beklædning
Comparison is based on industry median values
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Read about the CDS scoreGarment Project ApS was founded on 6 May 2014.
Garment Project ApS is registered under the industry Engroshandel med beklædning (industry code 464210).
Garment Project ApS had 4 employees in 2018 according to the Danish CVR register.
Garment Project ApS is owned by EC-PACK ApS, LØVDAL HOLDING ApS and K. R. M. HOLDING ApS.
In 2025, Garment Project ApS reported a gross profit of DKK 1,968,210.
The management of Garment Project ApS consists of Kent Rau Madsen.
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Garment Project ApS has published its annual report for 2025. Gross profit came to DKK 1,968,210, and the net result was DKK -866,147.
Garment Project ApS has published its annual report for 2024. Gross profit came to DKK 2,104,554, and the net result was DKK 65,046.
As of January 27, 2025, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of Garment Project ApS.
As of January 27, 2025, KONGEVEJENS REVISION REGISTRERET REVISIONS ApS has stepped down as auditor of Garment Project ApS.
As of October 30, 2024, LØVDAL HOLDING ApS is registered as an owner of Garment Project ApS with an ownership share of 20%.
As of October 30, 2024, K. R. M. HOLDING ApS is registered as an owner of Garment Project ApS with an ownership share of 66%.
Garment Project ApS has published its annual report for 2023. Gross profit came to DKK 2,203,787, and the net result was DKK -1,010,362.
Garment Project ApS has published its annual report for 2022. Gross profit came to DKK 3,315,277, and the net result was DKK -977,436.
As of February 1, 2023, EC-PACK ApS is registered as an owner of Garment Project ApS with an ownership share of 10%.
Garment Project ApS has published its annual report for 2021. Gross profit came to DKK 5,763,978, and the net result was DKK 1,904,947.
As of January 6, 2022, KONGEVEJENS REVISION REGISTRERET REVISIONS ApS has been appointed auditor of Garment Project ApS.
As of January 6, 2022, DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of Garment Project ApS.
Garment Project ApS has published its annual report for 2020. Gross profit came to DKK 3,614,776, and the net result was DKK 822,100.
Garment Project ApS has published its annual report for 2019. Gross profit came to DKK 3,321,426, and the net result was DKK 1,248,389.
Garment Project ApS has published its annual report for 2018. Gross profit came to DKK 1,855,081, and the net result was DKK 3,226.
Garment Project ApS has published its annual report for 2017. Gross profit came to DKK 2,214,022, and the net result was DKK 470,666.
As of January 3, 2018, DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of Garment Project ApS.
As of January 3, 2018, Beierholm Godkendt Revisionspartnerselskab has stepped down as auditor of Garment Project ApS.
Garment Project ApS has published its annual report for 2016. Gross profit came to DKK 1,763,467, and the net result was DKK 392,732.
On September 20, 2016, the company changed its name from GARMENT PROJECT IVS to Garment Project ApS.
Garment Project ApS has published its annual report for 2015. Gross profit came to DKK 1,230,898, and the net result was DKK 360,340.
Garment Project ApS has published its interim report for the period May 6, 2014 – December 31, 2014.
As of May 6, 2014, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of Garment Project ApS.
As of May 6, 2014, Kent Rau Madsen is registered as director of Garment Project ApS.
Garment Project ApS was founded on May 6, 2014.
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