Revenue of Søstrene Grene 2023/24, by market
In recent years Søstrene Grene's revenue increased constantly, amounting to over two billion Danish kroner during the financial year starting on May 1, 2023 and ending on April 30, 2024. The retail company's revenue was highest in the DACH and Benelux market, reaching roughly 927.3 million Danish kroner. During this financial year, the revenue amounted to about 333.2 million Danish kroner in the Southern Europe market.
Søstrene Grene Holding ApS is a Danish retail chain, offering interior decor, home accessories, kitchenware, gifts and stationary furniture.
Furniture market in Denmark
Over the past few years, domestic sales of furniture in Denmark has fluctuated on a quarterly basis. In the beginning of 2024, furniture retail sales reached 2.9 billion Danish kroner. In a similar fashion, domestic sales of office furniture had its ups and downs, landing at 630 million kroner in the third quarter of 2023.
International trade
Denmark is a leading contender in furniture trade. The country's wooden kitchen furniture export was valued at 195 million Danish kroner in 2022. Interest and demand in Danish furniture remains high largely due to its clean, minimalist and timeless style.