Lagkagehuset A/S
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Lagkagehuset A/S - overview
Established
1991
Location
Copenhagen, -, Denmark
Primary Industry
Food
About
Lagkagehuset A/S, based in Denmark, is a prominent bakery known for its artisanal baked goods, including an array of breads, cakes, and coffee, catering to both retail consumers and businesses. Lagkagehuset A/S operates as a bakery, founded in 1991 in Copenhagen, Denmark. The company has undergone strategic growth, focusing on premium baked offerings. In November 2019, L Catterton acquired a 20% minority stake in the company.
The founder's history is not disclosed, and there are no known changes regarding subsidiaries or parent companies. The company has been involved in 4 deals, with the most recent deal occurring on November 10, 2019. Lagkagehuset specializes in high-quality baked goods, offering a diverse range of breads, cakes, and coffee. Catering to retail consumers and business clients, their products meet the demand for artisanal bakery items.
The company serves individual customers as well as cafes, restaurants, and catering services. Their market reach extends across Denmark and select international markets, focusing on regions appreciative of gourmet bakery experiences. Lagkagehuset generated a revenue of USD 155. 13 mn in 2023.
The company’s revenue streams include retail sales through various store locations and wholesale agreements with businesses like cafes and restaurants. Their pricing structure reflects the artisanal quality of their offerings, with a focus on customer satisfaction and repeat business. Lagkagehuset A/S plans to launch several new products designed to align with contemporary tastes, with specific release dates yet to be announced. The company is targeting expansion into new markets, including regions in Europe and select international locations, by 2024.
The funding from L Catterton, acquired on November 10, 2019, will support these initiatives, enabling Lagkagehuset to enhance its product offerings and broaden its market presence.
Current Investors
Nordic Capital, L Catterton
Primary Industry
Food
Sub Industries
Bakery Products, Coffee Shops, Restaurants & Nightlife
Website
www.lagkagehuset.dk
Verticals
E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Lagkagehuset A/S - timeline of key events
Lagkagehuset A/S - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | 407,073,000 | - | 552,449,000 | 664,404,000 | 781,384,000 | 880,677,000 | 962,136,000 | 830,222,000 | 905,220,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | 20.3% | 17.6% | 12.7% | 9.2% | (13.7%) | 9.0% | - | - | - |
| EBITDA (USD) | 20,887,546 | 35,990,956 | 37,000,740 | 46,650,000 | - | 79,034,000 | 91,434,000 | 64,334,000 | 15,605,000 | (16,089,000) | (93,424,000) | (1,930,000) | - | - | - |
| Operating Income (USD) | 8,179,021 | 17,903,022 | 14,753,330 | 18,373,000 | - | 50,897,000 | 54,190,000 | 17,761,000 | (41,728,000) | (113,246,000) | (170,800,000) | (72,588,000) | - | - | - |
| Operating Margin | - | - | - | 4.5% | - | 9.2% | 8.2% | 2.3% | (4.7%) | (11.8%) | (20.6%) | (8.0%) | - | - | - |
| % EBITDA Margin | - | - | - | 11.5% | - | 14.3% | 13.8% | 8.2% | 1.8% | (1.7%) | (11.3%) | (0.2%) | - | - | - |
| NET Income (USD) | 5,466,140 | 12,782,655 | 10,270,385 | 13,558,000 | - | 38,141,000 | 38,341,000 | 9,940,000 | (41,886,000) | (118,749,000) | (171,301,000) | (82,365,000) | - | - | - |
| % Net Margin | - | - | - | 3.3% | - | 6.9% | 5.8% | 1.3% | (4.8%) | (12.3%) | (20.6%) | (9.1%) | - | - | - |
Lagkagehuset A/S - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Lagkagehuset A/S | - | ||||||||
| Buyout | Completed | Lagkagehuset A/S | - | ||||||||
| Secondary Buyout | Completed | Skallebæks Bageri | - | ||||||||
| Secondary Buyout | Completed | Lagkagehuset A/S | - | ||||||||
| Buyout | Completed | Lagkagehuset A/S | - |
Displaying 1 - 5 of 5
Lagkagehuset A/S - employee data
Lagkagehuset A/S - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM | ||||||
| Chairman Of The Board | BM |
BM Board Member
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