Design Collection Denmark
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Design Collection Denmark - overview
Established
2006
Location
Singapore, -, Singapore
Primary Industry
Retail
About
Design Collection Denmark specializes in connecting consumers with high-quality Danish design products, focusing on luxury audio and sustainable furniture. The company offers a curated selection that enhances modern living. Design Collection Denmark was founded in 2006 and operates from Singapore. The company specializes in the distribution of premium Danish design products, including partnerships with notable brands like Bang & Olufsen and Bolia.
The founder's prior business experience is not documented. The company has engaged in a total of 1 deal, with the most recent transaction occurring on May 29, 2021, when Lars Larsen Group acquired a 30% minority stake. Design Collection Denmark focuses on connecting brands with consumers through a curated selection of high-quality Danish design products and services. The company's core offerings include the distribution of luxury audio products from Bang & Olufsen, a brand renowned for its acoustic innovation and timeless design since its inception in 1925.
Additionally, Design Collection Denmark partners with Bolia, which specializes in sustainable Scandinavian furniture and accessories crafted by skilled artisans. The company serves a diverse clientele, including retail partners, wholesalers, and direct consumers across geographical markets such as Southeast Asia, Australia, New Zealand, and Denmark. Design Collection Denmark generates revenue primarily through its partnerships and distribution agreements, particularly with Bang & Olufsen and Bolia. The business transactions typically occur through B2B models, where the company supplies products to retailers and wholesalers, as well as direct-to-consumer sales via their retail locations.
Revenue is derived from the sale of flagship products that embody the essence of Danish design, such as Bang & Olufsen's high-end audio systems and Bolia's bespoke furniture collections. The pricing structure reflects the premium nature of these offerings, aligning with the luxury market segment. This approach not only ensures a steady flow of income but also reinforces the brand’s commitment to providing exceptional quality and craftsmanship to its customers. The recent acquisition by Lars Larsen Group will provide Design Collection Denmark with additional capital and strategic support to enhance its global distribution and operational footprint.
The company plans to expand further into Southeast Asia and Australia by 2023, targeting new retail partnerships to increase its market presence. Although specific new products have not been announced, the company is focusing on enhancing its existing collections to better serve consumer demands.
Current Investors
Lars Larsen Group
Primary Industry
Retail
Sub Industries
Furniture, Consumer Electronics, Home Improvement & DIY, Consumer Electronics Stores
Total Amount Raised
Subscriber access only
Design Collection Denmark - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 34,230,270 | 23,789,453 | 30,965,651 | - | - | - |
| % Revenue Growth (YoY) | - | (30.5%) | 30.2% | - | - | - |
| EBITDA (USD) | 3,395,043 | 1,450,452 | 2,615,675 | - | - | - |
| Operating Income (USD) | 2,081,782 | 269,769 | 1,592,267 | - | - | - |
| Operating Margin | 6.1% | 1.1% | 5.1% | - | - | - |
| % EBITDA Margin | 9.9% | 6.1% | 8.4% | - | - | - |
| NET Income (USD) | 1,475,034 | 61,499 | 1,194,177 | - | - | - |
| % Net Margin | 4.3% | 0.3% | 3.9% | - | - | - |
Design Collection Denmark - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Design Collection Denmark | - |
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