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OLE LYNGGAARD A/S: Financial statements 2020

CVR: 83024917

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

OLE LYNGGAARD A/S (CVR 83024917) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 70,505,000 and a net result of DKK 4,789,000 compared with DKK 8,901,000 the year before. That is an increase of 22.7% compared with the year before. Equity in the 2020 report amounted to DKK 92,721,000. The solvency ratio was 57.2%. The company had 127 employees in the financial year.

Gross Profit
DKK 70,505,000
Profit/Loss
DKK 4,789,000
Equity
DKK 92,721,000
Total Assets
DKK 162,016,000
Employees
127

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-70.5 mio.4.8 mio.92.7 mio.127
2019-57.4 mio.8.9 mio.88.4 mio.134
2018-63 mio.3.6 mio.81.8 mio.133
2017-60.2 mio.3.3 mio.76 mio.134
2016-61.7 mio.8.5 mio.72.3 mio.119

Official annual report

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Events in 2020

OLE LYNGGAARD A/S: The 2019 annual report is outJun 9, 2020

OLE LYNGGAARD A/S has published its annual report for 2019. Gross profit came to DKK 57,443,000, and the net result was DKK 8,901,000.

Karin Lynggaard leaves the board of OLE LYNGGAARD A/SJun 4, 2020

As of June 4, 2020, Karin Lynggaard has left the board of directors of OLE LYNGGAARD A/S.

Niels Erik Michel Normann steps down as director of OLE LYNGGAARD A/SJun 4, 2020

As of June 4, 2020, Niels Erik Michel Normann has stepped down as director of OLE LYNGGAARD A/S.

About OLE LYNGGAARD A/S

OLE LYNGGAARD A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 1977. The company is registered under the industry Engroshandel med ure og smykker. The company was previously named OLE LYNGGAARD ApS. The management consists of Søren Ole Lynggaard and Charlotte Lynggaard. The board consists of Lars-Erik Houmann Christensen (chair), Charlotte Lynggaard, Niels Erik Michel Normann and Ole Lynggaard. The company is owned by CHARLOTTE LYNGGAARD ApS and SØREN LYNGGAARD ApS. The company has 101 employees (2026). In 2025, the company reported a gross profit of DKK 96,791,000 and a net result of DKK 20,502,000 compared with DKK 14,189,000 the year before. Equity in the 2025 report amounted to DKK 110,998,000.

Source: annual report 2025, Danish Business Authority