AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD

CVR: 58191213

Growing 264% p.a.Large companyWell-established (26 yrs)Profitable

Secondary names: MAGASIN EJENDOMME A/S, MAGASIN KORT A/S, MAGASIN VIN A/S

Active

The company demonstrates a solid financial recovery, with 2024 revenue reaching 2.12 billion DKK and a profit of 59.16 million DKK, indicating a positive trend from the previous year’s revenue of 1.97 billion DKK and profit of 57.13 million DKK. Despite a dip in profit margins in 2022, the overall trajectory shows growth, particularly following a challenging 2020 where it reported a loss. The equity position has strengthened significantly, rising to 719.70 million DKK in 2024, reflecting improved financial stability. With over 1,000 employees, it holds a notable position in the non-specialized retail sector, although ongoing management of profit margins will be crucial for sustained success.

AI-generated summary

Overview

Company type: A/S; Aktieselskab
Address: Kongens Nytorv 13, 1050 København K; KØBENHAVN; 1050 København K; Find nearby companies
Founded: 16.10.1999

Details

Industry: Anden ikke-specialiseret detailhandel; Code: 471200
Employees: 1919 employees; 1173 FTE; (2018)
Capital: 184.000.001 kr.

Contact

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Purpose

Selskabets formål er alene eller sammen med andre i eller uden for Danmark at drive stormagasinvirksomhed med tilhørende restauranter og at drive virksomhed indenfor handel i øvrigt, håndværk, industri, transport, reklame, service, fast ejendom, finansiering og investering samt sådan anden virksomhed, der står i naturlig forbindelse med fornævnte formål.