DK Company increases revenue once again
In 2025, DK Company generated revenue of DKK 5.6 billion, corresponding to top-line growth of 5%. The year ended with a profit of DKK 400 million, equivalent to a profit margin of 7%.
“2025 became another year of growth in a historically challenging environment. I am pleased that we continue to deliver top-line growth and maintain a solid core business,” says Jens Poulsen, Group CEO of DK Company, and continues:
“Internally, we had hoped for a stronger bottom line. We must acknowledge that we were not sufficiently effective in managing our inventory and in anticipating the macroeconomic consequences. In hindsight, the Group was overly ambitious in its growth targets, resulting in excessive inventory levels and subsequent significant one-off write-downs, which have had a substantial impact on the bottom line,” says Jens Poulsen.
In particular, the German online company meinemarkenmode, part of the Vejle division, has been challenged by a significantly elevated inventory level. Following changes in the management team, full focus has now been placed on reducing inventory levels, especially within the menswear division.
At the same time, DK Company has been affected by external factors. The U.S. business resulted in a low double-digit million DKK loss, partly due to the decision to absorb increased tariff costs to support American customers. In addition, currency fluctuations had a notably negative impact on the year-end result.
“Although we did not achieve the desired bottom-line performance, I am proud of the organisation, which succeeded in delivering 5% top-line growth and navigating through a very challenging year,” says Jens Poulsen.
2026 Outlook
For the current year, DK Company expects growth in both revenue and earnings. “The core business is healthy. We continue to see improvements in gross margin, and the order book is developing positively,” says Jens Poulsen. However, the experiences from 2025 mean that going forward less emphasis will be placed on growth, and greater focus will be directed towards inventory management and reduction.
In 2026, the One Company strategy—focused on sharing knowledge and processes across the Group’s three divisions in Ikast, Copenhagen and Vejle—will be further accelerated. At the same time, substantial investments in logistics, IT and AI will continue. The objective is to increase flexibility, shorten lead times and reduce inventory levels through significant investments in technology and digitalization, thereby strengthening competitiveness and long-term value creation.
For further information, please contact:
Group CEO Jens Poulsen Tel.: +45 40 84 16 01