Owners, management and financials
CVR: 38009303
DKK 67,120,548
Gross profit
Net result: DKK 32,449,112
New Balance Intermediate, Inc. (100%)
CVR · view owners
Joseph Eugene Preston, Kevin M Doyle
1 more in management
CVR · view management
Active
Founded 15 September 2016
CVR · view overview
16 employees
CVR · 2018
Director role ended: Francis Paul Allen
CVR · 15/06/2022
View the full event history
New Balance Denmark ApS is a Danish company of the type Anpartsselskab based in Aalborg SØ, founded in 2016. The company is registered under the industry Engroshandel med fodtøj. The management consists of Joseph Eugene Preston, Kevin M Doyle and Paul Richard Gauron. The company is owned by New Balance Intermediate, Inc.. The company has 16 employees (2018). In 2025, the company reported a gross profit of DKK 67,120,548 and a net result of DKK 32,449,112 compared with DKK 16,555,862 the year before. Equity in the 2025 report amounted to DKK 37,592,567.
Source: annual report 2025, Danish Business Authority
New Balance Denmark ApS demonstrates strong financial health with a consistent increase in gross profit and profit over the past few years. In 2025, the company reported a gross profit of 67,120,548 DKK and a profit of 32,449,112 DKK, marking significant growth from 16,555,862 DKK in 2024. Equity has also improved, rising to 37,592,567 DKK in 2025 from 19,143,455 DKK in 2024, indicating a solid equity position. While revenue figures are not disclosed, the upward trend in profitability and gross margins suggests a robust market position within the footwear wholesale industry. However, the lack of revenue transparency could be a concern for potential investors.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at importere, eksportere, distribuere og sælge sportsfodtøj og sportstøj sammen med hertil relaterede produkter samt al virksomhed, som efter direktionens skøn har forbindelse hermed.
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 | 67.1 mio. | 32.4 mio. | 106.7 mio. | 37.6 mio. | 35 | |
| 202401/01/2024 – 31/12/2024 | 40.6 mio. | 16.6 mio. | 75.9 mio. | 19.1 mio. | 26 | |
| 202301/01/2023 – 31/12/2023 | 34.3 mio. | 14.1 mio. | 47.5 mio. | 16.4 mio. | 23 | |
| 202201/01/2022 – 31/12/2022 | 34.7 mio. | 13.6 mio. | 62.9 mio. | 16.1 mio. | 19 | |
| 202101/01/2021 – 31/12/2021 | 34.4 mio. | 15 mio. | 41 mio. | 16.2 mio. | 18 | |
| 202001/01/2020 – 31/12/2020 | 19.4 mio. | 4 mio. | 19.6 mio. | 1.2 mio. | 18 | |
| 201901/01/2019 – 31/12/2019 | 14.5 mio. | 363 t. | 30.2 mio. | -2.8 mio. | 15 | |
| 201801/01/2018 – 31/12/2018 | 11.5 mio. | -897 t. | 23.1 mio. | -3.1 mio. | 14 |
Compared to 84 companies in Engroshandel med fodtøj
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
1 public tender won
Sources: TED (the EU tender database) and udbud.dk
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See the API documentationThe CVR number of New Balance Denmark ApS is 38009303.
New Balance Denmark ApS is owned by New Balance Intermediate, Inc..
The management of New Balance Denmark ApS consists of Joseph Eugene Preston, Kevin M Doyle and Paul Richard Gauron.
In 2025, New Balance Denmark ApS reported a gross profit of DKK 67,120,548.
New Balance Denmark ApS had 16 employees in 2018 according to the Danish CVR register.
New Balance Denmark ApS was founded on 15 September 2016.
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New Balance Denmark ApS has published its annual report for 2025. Gross profit came to DKK 67,120,548, and the net result was DKK 32,449,112.
New Balance Denmark ApS has published its annual report for 2024. Gross profit came to DKK 40,562,042, and the net result was DKK 16,555,862.
New Balance Denmark ApS has won the tender "Out - and Indoor Training Shoes" issued by Danish Ministry of Defence Acquisition and Logistics Organisation worth 29,637,600 DKK.
New Balance Denmark ApS has published its annual report for 2023. Gross profit came to DKK 34,298,630, and the net result was DKK 14,119,356.
New Balance Denmark ApS has published its annual report for 2022. Gross profit came to DKK 34,651,172, and the net result was DKK 13,639,928.
New Balance Denmark ApS has published its annual report for 2021. Gross profit came to DKK 34,374,683, and the net result was DKK 15,009,750.
As of June 15, 2022, Joseph Eugene Preston is registered as director of New Balance Denmark ApS.
As of June 15, 2022, Francis Paul Allen has stepped down as director of New Balance Denmark ApS.
New Balance Denmark ApS has published its annual report for 2020. Gross profit came to DKK 19,387,463, and the net result was DKK 3,971,826.
New Balance Denmark ApS has published its annual report for 2019. Gross profit came to DKK 14,508,023, and the net result was DKK 363,044.
As of January 16, 2020, Kevin M Doyle is registered as director of New Balance Denmark ApS.
As of December 31, 2019, John Kelly Withee has stepped down as director of New Balance Denmark ApS.
As of September 13, 2019, is registered as an owner of New Balance Denmark ApS with an ownership share of 100%.
New Balance Denmark ApS has published its annual report for 2018. Gross profit came to DKK 11,482,514, and the net result was DKK -897,498.
As of January 29, 2019, Francis Paul Allen is registered as director of New Balance Denmark ApS.
As of November 30, 2018, Robert Todd DeMartini has stepped down as director of New Balance Denmark ApS.
New Balance Denmark ApS has published its interim report for the period September 15, 2016 – December 31, 2017.
As of October 21, 2016, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of New Balance Denmark ApS.
As of October 21, 2016, Paul Richard Gauron is registered as director of New Balance Denmark ApS.
As of October 21, 2016, John Kelly Withee is registered as director of New Balance Denmark ApS.
As of October 21, 2016, Robert Todd DeMartini is registered as director of New Balance Denmark ApS.
As of October 21, 2016, Bent Kemplar has stepped down as director of New Balance Denmark ApS.
As of September 15, 2016, Bent Kemplar is registered as director of New Balance Denmark ApS.
New Balance Denmark ApS was founded on September 15, 2016.
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