Belgravia Bidco ApS
Private limited companyCVR 38998331SvendborgActive
Belgravia Bidco ApS is a private limited company, based in Svendborg, active in business and other management consultancy activities, founded in 2017. Equity was negative at the end of 2025 (−DKK 157.8m). The company made a loss in both 2024 and 2025, most recently DKK 75.5m. Gross profit is higher than that of 88% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 1% (2024 → 2025), to DKK 10.7m.
- The loss got smaller: from DKK 87.1m to DKK 75.5m (2024 → 2025).
Management and owners, last 24 months
- New in management: Muhammad Saad Akram (board member, 01/11/2024) and Henrik Buchholt Bach (director, 02/03/2026).
- Stepped down: Liam Stuart Goddard (board member, 01/11/2024), Allan Malmos Jeppesen (director, 30/12/2025) and Henrik Buchholt Bach (director, 30/04/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Business and other management consultancy activities (702000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 10,493 | 10,001 | 9,095 | 10,384 | 10,610 | 10,719 | +1% |
| Operating profit (EBIT) | −39 | −77 | 102 | 182 | 656 | 589 | −10.2% |
| Profit before tax | −16,715 | −39,849 | −20,187 | −35,465 | −89,995 | −79,648 | +11.5% |
| Net profit | −13,032 | −35,427 | −15,574 | −28,537 | −87,105 | −75,539 | +13.3% |
| Total assets | 357,153 | 449,224 | 501,062 | 559,069 | 479,726 | 392,427 | −18.2% |
| Equity | 50,436 | 17,656 | 36,180 | 6,658 | −81,375 | −157,823 | −93.9% |
| Liabilities | 306,717 | 431,568 | 464,882 | 552,411 | 561,101 | 550,250 | −1.9% |
| Cash and cash equivalents | 289 | 814 | 160 | 1,273 | 356 | 112 | −68.5% |
| Average number of employees | 6 | 5 | 4 | 4 | 4 | 4 | 0% |
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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 157.8m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 26/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 06/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 31/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 16/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 28/05/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
2,370 companies in the databaseComparison with the other companies in business and other management consultancy activities based on the latest financial year.
Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 4,273of 69,742 Better than 94% | No. 69,943of 69,964 Better than 0% |
| Same industry and fewer than 20 employees2,220 companies in the comparison | No. 169of 2,210 Better than 92% | No. 2,219of 2,219 Better than 0% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 4,048of 33,588 Better than 88% | No. 33,659of 33,687 Better than 0% |
| All companies of type ApS66,508 companies in the comparison | No. 5,574of 66,379 Better than 92% | No. 66,486of 66,505 Better than 0% |
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
Business and other management consultancy activities- Belgravia Bidco ApSDKK 10.7m
- COWI Holding A/SDKK 7bn
- Accenture A/SDKK 1.1bn
- Belgravia Bidco ApS−DKK 75.5m
- COWI Holding A/SDKK 374m
- Accenture A/SDKK 116.1m
- Belgravia Bidco ApS−DKK 157.8m
- COWI Holding A/SDKK 2bn
- Accenture A/SDKK 642m
- Belgravia Bidco ApS4
- COWI Holding A/S12
- Accenture A/S977
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Belgravia Midco 2 ApS100%
Subsidiaries are shown only if they are in the database.
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lars Baun Jensen | CEO | 11/01/2018 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kevin Kristoffer Ehnhuus Iermiin | Board member | 06/10/2017 |
| Leif Vestergaard | Chair of the board | 30/11/2017 |
| Muhammad Saad Akram | Board member | 01/11/2024 |
- Founders
- Belgravia Midco ApS
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kevin Kristoffer Ehnhuus Iermiin | Director | 06/10/2017 | 30/11/2017 |
| Martin Nicholas Calderbank | Chair of the board | 06/10/2017 | 30/11/2017 |
| Liam Stuart Goddard | Board member | 06/10/2017 | 01/11/2024 |
| Liam Stuart Goddard | Director | 30/11/2017 | 11/01/2018 |
| Allan Malmos Jeppesen | Director | 11/01/2018 | 30/12/2025 |
| Henrik Buchholt Bach | Director | 02/03/2026 | 30/04/2026 |
Signing rule: Selskabet tegnes af et medlem af bestyrelsen eller af en direktør.
Address and production units
2 active production unitsEnglandsvej 14
5700 Svendborg
Svendborg Municipality · Postcode 5700
Other companies at the address (1)
- Danoffice IT ApSWholesale of information and communication equipment
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Belgravia Bidco ApS | Englandsvej 14, Tved, 5700 Svendborg | 1 | 1022914703 |
| Belgravia Bidco ApS | Borupvang 1, 2750 Ballerup | 1 | 1029639465 |
Purpose
Selskabets formål er at investere i og eje kapitalandele i andre virksomheder samt at levere management services og dertil forbunden virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
30 registered events20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementHenrik Buchholt Bach stepped down as director
- ManagementHenrik Buchholt Bach appointed director
20253 changesmanagement 1 · accounts 1 · industry 1
- ManagementAllan Malmos Jeppesen stepped down as director
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Business and other management consultancy activities (702000)
20243 changesmanagement 2 · accounts 1
- ManagementMuhammad Saad Akram appointed board member
- ManagementLiam Stuart Goddard stepped down as board member
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20186 changesownership 2 · address 1 · management 3
- OwnershipBelgravia Midco 2 ApS registered as owner (100%)
- OwnershipBelgravia Midco ApS is no longer registered as owner
- AddressMoved to Englandsvej 14, Tved, 5700 Svendborg
- ManagementAllan Malmos Jeppesen appointed director
- ManagementLars Baun Jensen appointed ceo
- ManagementLiam Stuart Goddard stepped down as director
201712 changescapital 1 · management 8 · industry 1 · founded 1 · ownership 1
- CapitalShare capital changed from 50,000 DKK to 2,272,712 DKK
- ManagementLeif Vestergaard appointed chair of the board
- ManagementLiam Stuart Goddard appointed director
- ManagementKevin Kristoffer Ehnhuus Iermiin stepped down as director
- ManagementMartin Nicholas Calderbank stepped down as chair of the board
- IndustryIndustry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
- FoundedRegistered as Belgravia Bidco ApS
- ManagementKevin Kristoffer Ehnhuus Iermiin appointed director
- ManagementMartin Nicholas Calderbank appointed chair of the board
- ManagementKevin Kristoffer Ehnhuus Iermiin appointed board member
- ManagementLiam Stuart Goddard appointed board member
- OwnershipBelgravia Midco ApS registered as owner (100%)
Related companies
Same industry in Svendborg
- Dansk Generationsskifte A/S8 employees
- KM Consult ApS5 employees
- Skovsbohøj ApS5 employees
- Proces Support A/S5 employees
- Pinpointers ApS4 employees
- Public Intelligence ApS4 employees
Same people in management
- Aeven A/Svia Kevin Kristoffer Ehnhuus Iermiin
- EG Danmark A/Svia Leif Vestergaard
- Schou Company A/Svia Allan Malmos Jeppesen
- SP Moulding A/Svia Allan Malmos Jeppesen
- Cgi Danmark A/Svia Henrik Buchholt Bach
- Danoffice IT ApSvia Allan Malmos Jeppesen
Largest in the industry
- COWI Holding A/SDKK 7bn
- Accenture A/SDKK 1.1bn
- Gts Nordic ApSDKK 968.5m
- CODAN Companies ApSDKK 877.7m
- Ferrosan Medical Devices Group A/SDKK 799.1m
- Stibo Complete Group A/SDKK 613.9m
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.