By Goul ApS
Private limited companyCVR 43480626GaltenActive
By Goul ApS is a private limited company, based in Galten, active in retail sale of clothing, founded in 2022. Equity was negative at the end of 2025 (−DKK 383k). After a loss in 2024, the company made a profit of DKK 8,064 in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 20% (2024 → 2025), to DKK 562k.
- Net profit went from a loss of DKK 309k to a profit of DKK 8,064 (2024 → 2025).
Employees
- 1 more employees than a year earlier: 2 (07/2026) against 1 (07/2025).
Management and owners, last 24 months
- New owners registered: M. Reffstrup Holding ApS (01/06/2026) and Dr. B. Holding ApS (01/06/2026).
- No longer registered as owner: M. Reffstrup Holding ApS (31/05/2026) and Dr. B. Holding ApS (31/05/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of clothing (477110)
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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 654 | 470 | 562 | +19.6% |
| Operating profit (EBIT) | −105 | −327 | 79 | +124.1% |
| Profit before tax | −151 | −396 | 11 | +102.7% |
| Net profit | −122 | −309 | 8 | +102.6% |
| Total assets | 1,350 | 1,205 | 1,295 | +7.5% |
| Equity | −82 | −391 | −383 | +2.1% |
| Liabilities | 1,432 | 1,596 | 1,678 | +5.1% |
| Cash and cash equivalents | 5 | 18 | 19 | +3.2% |
| Average number of employees | 2 | 2 | 2 | 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 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 383k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 06/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 12/02/2025 | The company | PDFXBRL |
| 2023 | 30/08/2022 – 30/09/2023 | 25/01/2024 | 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
937 companies in the databaseComparison with the other companies in retail sale of clothing based on the latest financial year.
Industry median: gross profit DKK 1.3m, net profit DKK 76,336, equity DKK 784k, 3 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. 53,111of 69,742 Better than 24% | No. 65,157of 69,964 Better than 7% |
| Same industry and fewer than 20 employees850 companies in the comparison | No. 659of 849 Better than 22% | No. 755of 850 Better than 11% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 11,605of 16,614 Better than 30% | No. 15,152of 16,661 Better than 9% |
| All companies of type ApS66,508 companies in the comparison | No. 51,100of 66,379 Better than 23% | No. 61,596of 66,505 Better than 7% |
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
Retail sale of clothing- By Goul ApSDKK 562k
- H & M Hennes & Mauritz A/SDKK 718.7m
- Pwt Group A/SDKK 407.4m
- By Goul ApSDKK 8,064
- H & M Hennes & Mauritz A/SDKK 106.2m
- Pwt Group A/SDKK 112.3m
- By Goul ApS−DKK 383k
- H & M Hennes & Mauritz A/SDKK 299.3m
- Pwt Group A/SDKK 283.1m
- By Goul ApS2
- H & M Hennes & Mauritz A/S2,767
- Pwt Group A/S522
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Katwoman Holding ApS50%
- M. Reffstrup Holding ApS15%
- Dr. B. Holding ApS25% · 33.33% votes
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mads Reffstrup Pedersen | Director | 30/08/2022 |
| Christian Berger | Director | 30/08/2022 |
| Katarina Goul | Director | 30/08/2022 |
- Founders
- M. Reffstrup Holding ApS, Dr. B. Holding ApS, Katwoman Holding ApS
Signing rule: Selskabet tegnes af 2 direktører i forening
Address and production units
1 active production unitsSvaneparken 33
8464 Galten
| Production unit | Address | Employees | P number |
|---|---|---|---|
| By Goul ApS | Svaneparken 33, 8464 Galten | 2 | 1028533981 |
Purpose
Selskabets formål er at udøve detailvirksomhed ved salg af tøj og sko samt dermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
15 registered events20265 changesownership 4 · accounts 1
- OwnershipM. REFFSTRUP HOLDING ApS registered as owner (15%)
- OwnershipDr. B. Holding ApS registered as owner (25%)
- OwnershipM. REFFSTRUP HOLDING ApS is no longer registered as owner
- OwnershipDr. B. Holding ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of clothing (477110)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20227 changesfounded 1 · management 3 · ownership 3
- FoundedRegistered as By Goul ApS
- ManagementMads Reffstrup Pedersen appointed director
- ManagementChristian Berger appointed director
- ManagementKatarina Goul appointed director
- OwnershipM. REFFSTRUP HOLDING ApS registered as owner (25%)
- OwnershipDr. B. Holding ApS registered as owner (25%)
- OwnershipKatwoman Holding ApS registered as owner (50%)
Related companies
Same industry in Skanderborg
- CM Retail A/S39 employees
- Bruun-Bruun Skanderborg ApS14 employees
- SlothWear.dk ApS9 employees
- Mark & Rose ApS5 employees
- Triyah ApS4 employees
- What Bunkers ApS3 employees
Same people in management
- Berger Optik ApSvia Christian Berger
- Torvets Optik ApSvia Christian Berger
Largest in the industry
- H & M Hennes & Mauritz A/SDKK 718.7m
- Pwt Group A/SDKK 407.4m
- BESTSELLER Stores Denmark A/SDKK 279.7m
- INDITEX Danmark A/SDKK 239.9m
- Only Stores Denmark A/SDKK 135.2m
- Axel Kaufmann ApSDKK 123.7m
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.