LuggageHero A/SAktiv

Description of key activities of the companyLuggageHero facilitates innovative, secure, and efficient luggage storage solutions through a network of partner locations, supporting both hotels and short-term rental property managers in optimizing guest experiences.

Significant changes in the company's activities and financial mattersThe gross profit for the year totalled DKK 9,768,965 compared to DKK 9,957,878 last year. The marginal decrease reflects a deliberate and budgeted increase in online marketing expenditure, driven by expansion to 22 new markets and scaling of operations in existing key markets, as well as increased costs for local expansion managers supporting the onboarding of new partner locations. Income from ordinary activities after tax amounted to DKK 605,509, compared to DKK 5,407,881 in the previous year. The decrease in net profit is primarily attributable to the increased investments in expansion described above. Throughout 2025, LuggageHero continued to invest in its platform and team, maintaining a strong focus on long-term growth and operational resilience. A detailed account of R&D activities in 2025 is provided in note 2. Total assets at year-end amounted to DKK 16,406,651, largely in line with the prior year figure of DKK 16,515,446. Equity increased to DKK 3,410,540 from DKK 2,418,959, driven by the net profit for the year and a net gain on treasury share transactions. The convertible debt instruments carried in 2024 at DKK 4,022,597 have been settled in full during 2025.

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