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City Group A/S

Public limited companyCVR 38627996MiddelfartActive

City Group A/S is a public limited company, based in Middelfart, active in treatment and coating of metals, founded in 2017. Net profit rose 43% from 2024 to 2025, ending at DKK 6.2m. Profit has grown three years in a row. Equity grew to DKK 7.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 13.3m−10% vs. 2024
Net profitDKK 6.2m+43% vs. 2024
EquityDKK 7.7m+52.6% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 10% (2024 → 2025), to DKK 13.3m.
  • Net profit rose 43% (2024 → 2025), to DKK 6.2m.
  • Equity rose 53% (2024 → 2025), to DKK 7.7m.

Employees

  • 5 more employees than a year earlier: 13 (07/2026) against 8 (07/2025).

Management and owners, last 24 months

  • New in management: Morten Bo Kure-Nielsen (director, 07/07/2026).
  • Stepped down: Karl Aage Nielsen (director, 07/07/2026).
  • New owners registered: Morten Bo Holding ApS (31/08/2026), Macasa Holding ApS (31/08/2026) and LEKA Holding ApS (31/08/2026).
  • No longer registered as owner: Leka Holding ApS (31/08/2026) and Morten Bo Holding ApS (30/08/2026).

Registrations, last 24 months

  • 19/12/2025: Name changed from City Group Overfladebehandling A/S to City Group A/S

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for City Group A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,7975,7797,6265,85214,83713,347−10%
Operating profit (EBIT)−9424411,5721,0545,4337,595+39.8%
Profit before tax−1,0662011,4419105,5297,923+43.3%
Net profit−8361571,1247094,3106,164+43%
Total assets7,3826,0115,5994,1309,56315,270+59.7%
Equity−733−5765471,2565,0667,730+52.6%
Liabilities8,0476,3804,8562,7154,3717,446+70.3%
Cash and cash equivalents0093104,1362,156−47.9%
Average number of employees878878+14.3%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (161 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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
Annual reports for City Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202129/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202015/06/2021The 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
02468101214161808/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

161 companies in the database

Comparison with the other companies in treatment and coating of metals based on the latest financial year.

Gross profitDKK 13.3mNo. 37 of 160
Better than 77% of the companies in the industry
EquityDKK 7.7mNo. 43 of 161
Better than 74% of the companies in the industry
Number of employees13No. 77 of 161
Better than 53% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 660k, equity DKK 3.4m, 7 employees.

DKK 229kDKK 1.5mDKK 9.8mDKK 64.6mDKK 226.3mHere
Distribution of gross profit for 152 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. 2,949of 69,742
Better than 96%
No. 10,731of 69,964
Better than 85%
Same industry and fewer than 20 employees118 companies in the comparison
No. 7of 117
Better than 95%
No. 13of 118
Better than 90%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 3,202of 33,588
Better than 90%
No. 4,479of 33,687
Better than 87%
All companies of type A/S18,025 companies in the comparison
No. 7,707of 17,786
Better than 57%
No. 9,780of 18,024
Better than 46%

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

Treatment and coating of metals
Gross profit
  1. City Group A/SDKK 13.3m
  2. Dot A/SDKK 423.6m
  3. Skagen SSB ApSDKK 266.7m
Net profit
  1. City Group A/SDKK 6.2m
  2. Dot A/SDKK 63.2m
  3. Skagen SSB ApSDKK 10.6m
Equity
  1. City Group A/SDKK 7.7m
  2. Dot A/SDKK 319.7m
  3. Skagen SSB ApSDKK 22m
Employees
  1. City Group A/S13
  2. Dot A/S332
  3. Skagen SSB ApS400

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
  • Morten Bo Holding ApS50%
  • Macasa Holding ApS5%
  • LEKA Holding ApS33.33%
City Group A/S

Management

4 active registrations

Executive management

Executive management at City Group A/S
NameRoleAppointed
Morten Bo Kure-NielsenDirector07/07/2026

Board of directors

Board of directors at City Group A/S
NameRoleAppointed
Karl Aage NielsenBoard member04/05/2017
Morten Bo Kure-NielsenBoard member04/05/2017
Lenna NielsenBoard member04/05/2017
Founders
Leka Holding ApS, Morten Bo Holding ApS
Former management (1)
Former management at City Group A/S
NameRoleAppointedResigned
Karl Aage NielsenDirector04/05/201707/07/2026

Signing rule: Selskabet tegnes af en direktør, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Mandal Alle 18
5500 Middelfart

Middelfart Municipality · Postcode 5500

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
City Group A/SMandal Alle 18, 5500 Middelfart131022428418

Purpose

Selskabet formål er at drive auto- og industrilakeringsvirksomhed samt anden dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

23 registered events
20268 changesownership 5 · management 2 · accounts 1
  • MORTEN BO HOLDING ApS registered as owner (50%)
  • Macasa Holding ApS registered as owner (5%)
  • LEKA Holding ApS registered as owner (33.33%)
  • LEKA HOLDING ApS is no longer registered as owner
  • MORTEN BO HOLDING ApS is no longer registered as owner
  • Morten Bo Kure-Nielsen appointed director
  • Karl Aage Nielsen stepped down as director
  • Annual report for 2025 published
20252 changesname 1 · accounts 1
  • Name changed from City Group Overfladebehandling A/S to City Group A/S
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Mandal Alle 18, 5500 Middelfart
20178 changesindustry 1 · founded 1 · management 4 · ownership 2
  • Industry changed to Manufacture of cutlery and edge tools (256100)
  • Registered as City Group Overfladebehandling A/S
  • Karl Aage Nielsen appointed director
  • Karl Aage Nielsen appointed board member
  • Morten Bo Kure-Nielsen appointed board member
  • Lenna Nielsen appointed board member
  • LEKA HOLDING ApS registered as owner (66.67%)
  • MORTEN BO HOLDING ApS registered as owner (25%)

Related companies

Same industry in Middelfart

See all →

Same people in management

Largest in the industry

See all →

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.

View in CVRReport a correction