CVR: 38576267
DKK 2,760,080
Gross profit
Net result: DKK -660,664
Lyne & Lindberg Holding ApS
CVR · view ownership and management
Director registered: Martin Lyneborg-Lindberg
CVR · 01/09/2024
View the full event history
Ragbag ApS is a Danish company of the type Anpartsselskab based in Aarhus C, founded in 2017. The company is registered under the industry Detailhandel med ure og smykker. The management consists of Martin Lyneborg-Lindberg. The company is owned by Lyne & Lindberg Holding ApS. The company has 0 employees (2018). In 2025, the company reported a gross profit of DKK 2,760,080 and a net result of DKK -660,664 compared with DKK -238,844 the year before. Equity in the 2025 report amounted to DKK -5,313,487.
Source: annual report 2025, Danish Business Authority
Ragbag ApS is currently facing significant financial challenges, as evidenced by its declining gross profit and increasing losses over the past few years. In 2025, the company reported a gross profit of 2,760,080 DKK but incurred a loss of 660,664 DKK, while equity has steadily decreased to -5,313,487 DKK. The trend shows a concerning trajectory, with gross profits fluctuating negatively from -1,228,165 DKK in 2021 to -957,394 DKK in 2023 before a slight recovery in 2024. The persistent negative equity and losses raise concerns about its long-term viability in the competitive jewelry and watch retail market. Overall, Ragbag ApS appears to be struggling to establish a stable financial footing within its industry.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive virksomhed indenfor detailhandel med smykker og guld- og sølvvarer herunder produktion af disse artikler samt anden efter direktionens 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 | 2.8 mio. | -661 t. | 4.2 mio. | -5.3 mio. | 7 | |
| 202401/01/2024 – 31/12/2024 | 2.3 mio. | -239 t. | 3.9 mio. | -4.7 mio. | 3 | |
| 202301/01/2023 – 31/12/2023 | -957 t. | -2.2 mio. | 3.9 mio. | -4.4 mio. | 3 | |
| 202201/01/2022 – 31/12/2022 | -552 t. | -1.2 mio. | 2.7 mio. | -2.2 mio. | 2 | |
| 202101/01/2021 – 31/12/2021 | -1.2 mio. | -1.8 mio. | 2.7 mio. | -1 mio. | 2 | |
| 202001/01/2020 – 31/12/2020 | -1.4 mio. | -1.6 mio. | 1.9 mio. | -1.8 mio. | 1 | |
| 201901/01/2019 – 31/12/2019 | 74 t. | -4 t. | 52 t. | -123 t. | 1 | |
| 201801/01/2018 – 31/12/2018 | 124 t. | -32 t. | 218 t. | -119 t. | 1 |
Compared to 440 companies in Detailhandel med ure og smykker
Comparison is based on industry median values
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Read about the CDS scoreRagbag ApS was founded on 3 April 2017.
Ragbag ApS is registered under the industry Detailhandel med ure og smykker (industry code 477700).
Ragbag ApS had 0 employees in 2018 according to the Danish CVR register.
Ragbag ApS is owned by Lyne & Lindberg Holding ApS.
In 2025, Ragbag ApS reported a gross profit of DKK 2,760,080.
The management of Ragbag ApS consists of Martin Lyneborg-Lindberg.
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Ragbag ApS has published its annual report for 2025. Gross profit came to DKK 2,760,080, and the net result was DKK -660,664.
Ragbag ApS has published its annual report for 2024. Gross profit came to DKK 2,329,833, and the net result was DKK -238,844.
As of September 1, 2024, Martin Lyneborg-Lindberg is registered as adm. dir. of Ragbag ApS.
As of September 1, 2024, Jannick Lyneborg-Lindberg has stepped down as adm. dir. of Ragbag ApS.
Ragbag ApS has published its annual report for 2023. Gross profit came to DKK -957,394, and the net result was DKK -2,223,639.
As of March 27, 2024, Lyne & Lindberg Holding ApS is registered as an owner of Ragbag ApS with an ownership share of 100%.
Ragbag ApS has published its annual report for 2022. Gross profit came to DKK -551,806, and the net result was DKK -1,166,333.
Ragbag ApS has published its annual report for 2021. Gross profit came to DKK -1,228,165, and the net result was DKK -1,756,408.
Ragbag ApS has published its annual report for 2020. Gross profit came to DKK -1,417,873, and the net result was DKK -1,644,230.
Ragbag ApS has published its annual report for 2019. Gross profit came to DKK 74,117, and the net result was DKK -3,971.
Ragbag ApS has published its annual report for 2018. Gross profit came to DKK 123,892, and the net result was DKK -31,937.
Ragbag ApS has published its interim report for the period May 1, 2017 – December 31, 2017.
As of May 1, 2018, Jannick Lyneborg-Lindberg is registered as adm. dir. of Ragbag ApS.
As of May 1, 2018, Nikolai Lundstrøm Brink has stepped down as adm. dir. of Ragbag ApS.
As of February 16, 2018, Nikolai Lundstrøm Brink has left the board of directors of Ragbag ApS.
As of February 16, 2018, Jannick Lyneborg-Lindberg has left the board of directors of Ragbag ApS.
As of May 1, 2017, Nikolai Lundstrøm Brink has joined the board of directors of Ragbag ApS.
As of May 1, 2017, Jannick Lyneborg-Lindberg has joined the board of directors of Ragbag ApS.
As of May 1, 2017, Nikolai Lundstrøm Brink is registered as adm. dir. of Ragbag ApS.
Ragbag ApS was founded on April 3, 2017.
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