Owners, management and financials
CVR: 35850287
Previous names: GARMENT PROJECT IVS
DKK 1,968,210
Gross profit
Net result: DKK -866,147
LØVDAL HOLDING ApS (25-33,32%), K. R. M. HOLDING ApS (66,66-89,99%)
CVR · view owners
Kent Rau Madsen
CVR · view management
Active
Founded 6 May 2014
CVR · view overview
3 employees
CVR · 2026
Owner registered: LØVDAL HOLDING ApS
CVR · 11/09/2026
View the full event history
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 LØVDAL HOLDING ApS and K. R. M. HOLDING ApS. The company has 3 employees (2026). 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 | 2M | -866K | 9.8M | 2.4M | 3 | |
| 202401/01/2024 – 31/12/2024 | 2.1M | 65K | 10M | 3.3M | 3 | |
| 202301/01/2023 – 31/12/2023 | 2.2M | -1M | 8.4M | 2.7M | 5 | |
| 202201/01/2022 – 31/12/2022 | 3.3M | -977K | 10.7M | 3.7M | 8 | |
| 202101/01/2021 – 31/12/2021 | 5.8M | 1.9M | 12.4M | 4.7M | 5 | |
| 202001/01/2020 – 31/12/2020 | 3.6M | 822K | 10M | 2.8M | 3 | |
| 201901/01/2019 – 31/12/2019 | 3.3M | 1.2M | 10M | 2.5M | - | |
| 201801/01/2018 – 31/12/2018 | 1.9M | 3K | 6.7M | 1.2M | - | |
| 201701/01/2017 – 31/12/2017 | 2.2M | 471K | 5.4M | 1.2M | - | |
| 201601/01/2016 – 31/12/2016 | 1.8M | 393K | 2.1M | 746K | 2 | |
| 201501/01/2015 – 31/12/2015 | 1.2M | 360K | 3.1M | 353K | - |
Compared to 699 companies in Engroshandel med beklædning
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of Garment Project ApS is 35850287.
Garment Project ApS is owned by LØVDAL HOLDING ApS and K. R. M. HOLDING ApS.
The management of Garment Project ApS consists of Kent Rau Madsen.
In 2025, Garment Project ApS reported a gross profit of DKK 1,968,210.
Garment Project ApS had 3 employees in 2026 according to the Danish CVR register.
Garment Project ApS was founded on 6 May 2014.
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As of September 11, 2026, LØVDAL HOLDING ApS is registered as an owner of Garment Project ApS with an ownership share of 25%.
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, 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.
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 to 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.
Uneven Bits ApS is an independent IT consultancy founded and operated by Klaus Byskov Pedersen. With deep expertise in software architecture and systems design, I help organizations build robust, scalable, and maintainable technical solutions. Whether you need strategic guidance on technology decisions, hands-on architecture work, or help navigating complex technical challenges, I bring focused expertise and a practical approach to every engagement.
Selskabets formål er at udvikle, markedsføre, sælge og implementere software produkter til brug ved indkøbsstyring og dermed efter bestyrelsens skøn beslægtet virksomhed
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.
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