A co-founder of Schmidt & Andresen, he made a fortune on trade in the Far East and Danish West Indies.
Albrecht Ludwig Schmidt and his business partner, the merchant Andresen began trading together in the late 1780s.
[1] The company had its fleet of merchant ships and traded both in the Danish West Indies and the Far East.
The younger of the two daughters, Albertine, married the wealthy wine merchant Christian Waagepetersen,[3] Schmidt lived with his family in the apartment on the second floor of the building at Ved Stranden 2.
[2] A Pompeian interior from Schmidt's former apartment at Ved Stranden 2 was donated by Håndværkerbanken to the Danish Arts & Crafts Museum in 1916.