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Baum Guitars ApS

Private limited companyCVR 38438506BrabrandActive

Baum Guitars ApS is a private limited company, based in Brabrand, active in manufacture of musical instruments, founded in 2017. Net profit fell 47% from 2024 to 2025, ending at DKK 376k. Measured by gross profit, it ranks no. 4 of 10 companies in the industry in the database. With 15 employees, the company is about 3 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 5.8m+24.1% vs. 2024
Net profitDKK 376k−46.7% vs. 2024
EquityDKK 705k+114.6% vs. 2024
Employees15latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 24% (2024 → 2025), to DKK 5.8m.
  • Net profit fell 47% (2024 → 2025), to DKK 376k.
  • Equity rose 115% (2024 → 2025), to DKK 705k.

Employees

  • 11 fewer employees than a year earlier: 15 (07/2026) against 26 (07/2025).

Management and owners, last 24 months

  • Stepped down: Christian Kastberg Jensen (board member, 01/04/2026), Morten Bau (board member, 01/04/2026) and Allan Dencker Andersen (board member, 01/04/2026) (+5).
  • New owners registered: Bauværk ApS (01/04/2026).
  • No longer registered as owner: ACOK Invest ApS (01/04/2026).

Registrations, last 24 months

  • 04/02/2025: Moved to Rosbjergvej 22A, Årslev, 8220 Brabrand

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 1m−DKK 800k−DKK 600k−DKK 400k−DKK 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800k202020212022202320242025
EquityNet profit
Financial figures for Baum Guitars ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit127311,6462,3454,6535,775+24.1%
Operating profit (EBIT)–376−319−1,0001,140719−37%
Profit before tax7366−370−1,150932496−46.7%
Net profit8282−299−904706376−46.7%
Total assets2968762,2813,4085,65914,345+153.5%
Equity4332526−377328705+114.6%
Liabilities2525312,2553,7865,33113,592+155%
Cash and cash equivalents06161320874144−83.5%
Average number of employees–299710+42.9%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (10 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Low equity ratio

    Equity makes up 5% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Baum Guitars ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202514/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202306/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202113/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/07/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

10 companies in the database

Comparison with the other companies in manufacture of musical instruments based on the latest financial year.

Gross profitDKK 5.8mNo. 4 of 10
Better than 67% of the companies in the industry
EquityDKK 705kNo. 7 of 10
Better than 33% of the companies in the industry
Number of employees15No. 3 of 10
Better than 78% of the companies in the industry

Industry median: gross profit DKK 5m, net profit DKK 378k, equity DKK 2m, 5 employees.

DKK 596kDKK 1.6mDKK 4.3mDKK 11.7mDKK 22.8mHere
Distribution of gross profit for 10 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 11,229of 69,742
Better than 84%
No. 38,138of 69,964
Better than 45%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 7,597of 33,588
Better than 77%
No. 17,782of 33,687
Better than 47%
All companies of type ApS66,508 companies in the comparison
No. 11,840of 66,379
Better than 82%
No. 34,009of 66,505
Better than 49%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of musical instruments
Gross profit
  1. Baum Guitars ApSDKK 5.8m
  2. Larsen Strings A/SDKK 31.7m
  3. Frobenius Orgelbyggeri A/SDKK 16.1m
Net profit
  1. Baum Guitars ApSDKK 376k
  2. Larsen Strings A/SDKK 1.9m
  3. Frobenius Orgelbyggeri A/SDKK 921k
Equity
  1. Baum Guitars ApSDKK 705k
  2. Larsen Strings A/SDKK 53.3m
  3. Frobenius Orgelbyggeri A/SDKK 15.5m
Employees
  1. Baum Guitars ApS15
  2. Larsen Strings A/S35
  3. Frobenius Orgelbyggeri A/S31

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Jonathan Conrad Bau5% · 0% votes
  • Crealis ApS15% · 0% votes
  • Morten Bau Holding ApS33.33% · 5% votes
  • Bauværk ApS25% · 90% votes
Baum Guitars ApS

Management

2 active registrations

Executive management

Executive management at Baum Guitars ApS
NameRoleAppointed
Morten BauDirector23/02/2017
Rene' Kirkegaard-LarsenDirector03/11/2021
Founders
Morten Bau Holding ApS
Former management (8)
Former management at Baum Guitars ApS
NameRoleAppointedResigned
Christian Kastberg JensenBoard member15/11/202301/04/2026
Morten BauBoard member15/11/202301/04/2026
Allan Dencker AndersenBoard member15/11/202301/04/2026
Ole Buchvard PoulsenBoard member15/11/202301/04/2026
Kristian Rhiger Buchvard PoulsenChair of the board15/11/202301/04/2026
Rene' Kirkegaard-LarsenBoard member15/11/202301/04/2026
Jonathan Conrad BauBoard member15/11/202301/04/2026
Jeppe Boesen GarfunkelBoard member15/11/202301/04/2026

Signing rule: Selskabet tegnes af én direktør eller af direktørerne i forening.

Address and production units

1 active production units

Rosbjergvej 22A
8220 Brabrand

Aarhus Municipality · Postcode 8220

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Baum Guitars ApSRosbjergvej 22A, Årslev, 8220 Brabrand151022213292

Purpose

Selskabets formål er at bygge og sælge guitarer og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

57 registered events
202611 changesaccounts 1 · management 8 · ownership 2
  • Annual report for 2025 published
  • Christian Kastberg Jensen stepped down as board member
  • Morten Bau stepped down as board member
  • Allan Dencker Andersen stepped down as board member
  • Ole Buchvard Poulsen stepped down as board member
  • Kristian Rhiger Buchvard Poulsen stepped down as chair of the board
  • Rene' Kirkegaard-Larsen stepped down as board member
  • Jonathan Conrad Bau stepped down as board member
  • Jeppe Boesen Garfunkel stepped down as board member
  • Bauværk ApS registered as owner (25%)
  • ACOK Invest ApS is no longer registered as owner
20252 changesaccounts 1 · address 1
  • Annual report for 2024 published
  • Moved to Rosbjergvej 22A, Årslev, 8220 Brabrand
20241 changeaccounts 1
  • Annual report for 2023 published
202319 changescapital 1 · management 8 · ownership 8 · accounts 1 · address 1
  • Share capital changed from 40,000 DKK to 53,334 DKK
  • Christian Kastberg Jensen appointed board member
  • Morten Bau appointed board member
  • Allan Dencker Andersen appointed board member
  • Ole Buchvard Poulsen appointed board member
  • Kristian Rhiger Buchvard Poulsen appointed chair of the board
  • Rene' Kirkegaard-Larsen appointed board member
  • Jonathan Conrad Bau appointed board member
  • Jeppe Boesen Garfunkel appointed board member
  • ACOK Invest ApS registered as owner (25%)
  • MORTEN BAU HOLDING ApS registered as owner (33.33%)
  • CREALIS ApS registered as owner (15%)
  • Jonathan Conrad Bau registered as owner (5%)
  • Jeppe Boesen Garfunkel is no longer registered as owner
  • CREALIS ApS is no longer registered as owner
  • Jonathan Conrad Bau is no longer registered as owner
  • MORTEN BAU HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
  • Moved to Rosbjergvej 22A, Årslev, 8220 Brabrand
20223 changesaddress 2 · accounts 1
  • Moved to Rosbjergvej 22A, Årslev, 8220 Brabrand
  • Annual report for 2021 published
  • Moved to Rosbjergvej 58S, Årslev, 8220 Brabrand
20217 changesownership 4 · management 1 · address 1 · accounts 1
  • Jeppe Boesen Garfunkel registered as owner (5%)
  • CREALIS ApS registered as owner (25%)
  • Jeppe Boesen Garfunkel is no longer registered as owner
  • CREALIS ApS is no longer registered as owner
  • Rene' Kirkegaard-Larsen appointed director
  • Moved to Rosbjergvej 58S, Årslev, 8220 Brabrand
  • Annual report for 2020 published
202011 changesownership 9 · name 1 · capital 1
  • Jonathan Conrad Bau registered as owner (10%)
  • Jeppe Boesen Garfunkel registered as owner (15%)
  • CREALIS ApS registered as owner (15%)
  • Jonathan Conrad Bau is no longer registered as owner
  • Jeppe Boesen Garfunkel is no longer registered as owner
  • Name changed from Baum Guitars IVS to Baum Guitars ApS
  • Share capital changed from 500 DKK to 40,000 DKK
  • MORTEN BAU HOLDING ApS registered as owner (50%)
  • Jonathan Conrad Bau registered as owner (15%)
  • Jeppe Boesen Garfunkel registered as owner (25%)
  • MORTEN BAU HOLDING ApS is no longer registered as owner
20173 changesfounded 1 · management 1 · ownership 1
  • Registered as Baum Guitars IVS
  • Morten Bau appointed director
  • MORTEN BAU HOLDING ApS registered as owner (100%)

Related companies

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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