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Cornered Audio ApS

Private limited companyCVR 32834515FarumActive

Cornered Audio ApS is a private limited company, based in Farum, active in manufacture of consumer electronics, founded in 2010. The company went from a profit in 2024 to a loss of DKK 877k in 2025. Equity fell to DKK 1.8m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 179k−103.2% vs. 2024
Net profit−DKK 877k−124.6% vs. 2024
EquityDKK 1.8m−32.7% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 103% (2024 → 2025), to −DKK 179k.
  • Net profit went from a profit of DKK 3.6m to a loss of DKK 877k (2024 → 2025).
  • Equity fell 33% (2024 → 2025), to DKK 1.8m.

Management and owners, last 24 months

  • Stepped down: Finn Halken (chair of the board, 14/11/2025).

Registrations, last 24 months

  • 09/12/2024: Moved to Farum Gydevej 65, st, 3520 Farum

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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for Cornered Audio ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4951,5561,1889115,623−179−103.2%
Operating profit (EBIT)−472680381−894,739−1,028−121.7%
Profit before tax−68136350−4154,561−1,123−124.6%
Net profit−53329737−3273,565−877−124.6%
Total assets4,6555,9126,1566,9075,6644,735−16.4%
Equity1184651,3461,0192,6841,806−32.7%
Liabilities4,5365,4484,8105,8882,9692,928−1.4%
Cash and cash equivalents1117153830538−87.4%
Average number of employees2211110%

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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (42 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 33% from 2024 to 2025 (DKK 2.7m to DKK 1.8m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Cornered Audio ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202330/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202206/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202131/05/2022The 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
011223309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

42 companies in the database

Comparison with the other companies in manufacture of consumer electronics based on the latest financial year.

Gross profit−DKK 179kNo. 38 of 42
Better than 10% of the companies in the industry
EquityDKK 1.8mNo. 26 of 42
Better than 39% of the companies in the industry
Number of employees2No. 36 of 42
Better than 15% of the companies in the industry

Industry median: gross profit DKK 3.2m, net profit DKK 108k, equity DKK 3.3m, 4 employees.

DKK 249kDKK 2.9mDKK 34.3mDKK 402.1mDKK 2.1bn
Distribution of gross profit for 34 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. 66,743of 69,742
Better than 4%
No. 25,674of 69,964
Better than 63%
Same industry and fewer than 20 employees33 companies in the comparison
No. 29of 33
Better than 13%
No. 17of 33
Better than 50%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 23,807of 24,791
Better than 4%
No. 15,141of 24,909
Better than 39%
All companies of type ApS66,508 companies in the comparison
No. 63,999of 66,379
Better than 4%
No. 21,762of 66,505
Better than 67%

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 consumer electronics
Gross profit
  1. Cornered Audio ApS−DKK 179k
  2. GN Hearing A/SDKK 4.7bn
  3. Bang & Olufsen Operations A/SDKK 423.2m
Net profit
  1. Cornered Audio ApS−DKK 877k
  2. GN Hearing A/SDKK 971m
  3. Bang & Olufsen Operations A/SDKK 257.1m
Equity
  1. Cornered Audio ApSDKK 1.8m
  2. GN Hearing A/SDKK 17.1bn
  3. Bang & Olufsen Operations A/SDKK 660.6m
Employees
  1. Cornered Audio ApS2
  2. GN Hearing A/S1,365
  3. Bang & Olufsen Operations A/S394

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
Cornered Audio ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

3 active registrations

Executive management

Executive management at Cornered Audio ApS
NameRoleAppointed
Hans Viggo MadsenCEO12/03/2010

Board of directors

Board of directors at Cornered Audio ApS
NameRoleAppointed
Hans Viggo MadsenBoard member18/10/2010
Peter ZachariassenBoard member04/05/2014
Founders
Hans Viggo Madsen
Former management (9)
Former management at Cornered Audio ApS
NameRoleAppointedResigned
Michael FrankChair of the board18/10/201004/05/2014
Carsten OttosenBoard member11/07/201110/01/2023
Mogens Bjørn JacobsenChair of the board04/05/201401/05/2018
Steen Ulf JensenBoard member29/06/201601/05/2018
Jens LøppenthienBoard member03/02/201713/05/2024
Steen Ulf JensenChair of the board02/05/201809/01/2023
Mogens Bjørn JacobsenBoard member02/05/201813/05/2024
Steen Ulf JensenBoard member10/01/202313/05/2024
Finn HalkenChair of the board10/01/202314/11/2025

Signing rule: Selskabet tegnes af bestyrelsens formand og en direktør i forening eller af den samlede bestyrelse

Address and production units

1 active production units

Farum Gydevej 65
3520 Farum

Furesø Municipality · Postcode 3520

Production units
Production unitAddressEmployeesP number
CORNERED AUDIO ApSFarum Gydevej 65, st, 3520 Farum21015955070

Purpose

Selskabets formål er at drive virksomhed med udvikling, produktion og salg af højttalersystemer og relaterede produkter

The purpose is quoted from the register in Danish.

Changes year by year

59 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesmanagement 1 · accounts 1
  • Finn Halken stepped down as chair of the board
  • Annual report for 2024 published
20248 changesaddress 1 · accounts 1 · management 3 · ownership 3
  • Moved to Farum Gydevej 65, st, 3520 Farum
  • Annual report for 2023 published
  • Steen Ulf Jensen stepped down as board member
  • Mogens Bjørn Jacobsen stepped down as board member
  • Jens Løppenthien stepped down as board member
  • CORNERED AUDIO ApS registered as owner (33.33%)
  • JENSENGROUP MEDIA HOLDING ApS is no longer registered as owner
  • UNIINVEST AF 2011 ApS is no longer registered as owner
20235 changesaccounts 1 · management 4
  • Annual report for 2022 published
  • Steen Ulf Jensen appointed board member
  • Finn Halken appointed chair of the board
  • Carsten Ottosen stepped down as board member
  • Steen Ulf Jensen stepped down as chair of the board
20228 changesaccounts 1 · capital 1 · ownership 6
  • Annual report for 2021 published
  • Share capital changed from 381,055 DKK to 418,457 DKK
  • Carsten Ottosen registered as owner (5%)
  • MoreMore ApS registered as owner (25%)
  • OPEM HOLDING ApS registered as owner (15%)
  • MoreMore ApS is no longer registered as owner
  • OPEM HOLDING ApS is no longer registered as owner
  • Carsten Ottosen is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2020 published
20202 changesaddress 1 · capital 1
  • Moved to Farum Gydevej 65, 1, 3520 Farum
  • Share capital changed from 373,536 DKK to 381,055 DKK
20191 changecapital 1
  • Share capital changed from 360,556 DKK to 373,536 DKK
20184 changesmanagement 4
  • Mogens Bjørn Jacobsen appointed board member
  • Steen Ulf Jensen appointed chair of the board
  • Steen Ulf Jensen stepped down as board member
  • Mogens Bjørn Jacobsen stepped down as chair of the board
20174 changesownership 1 · capital 1 · management 1 · address 1
  • Hans Viggo Madsen is no longer registered as owner
  • Share capital changed from 320,402 DKK to 360,556 DKK
  • Jens Løppenthien appointed board member
  • Moved to Rosenkæret 13, 2. tv, 2860 Søborg
20165 changescapital 2 · ownership 2 · management 1
  • Share capital changed from 297,310 DKK to 320,402 DKK
  • MoreMore ApS registered as owner (33.33%)
  • Steen Ulf Jensen appointed board member
  • JENSENGROUP MEDIA HOLDING ApS registered as owner (10%)
  • Share capital changed from 250,993 DKK to 297,310 DKK
20154 changesownership 3 · capital 1
  • OPEM HOLDING ApS registered as owner (20%)
  • Share capital changed from 225,894 DKK to 250,993 DKK
  • UNIINVEST AF 2011 ApS registered as owner (10%)
  • Carsten Ottosen registered as owner (10%)
20144 changescapital 1 · management 3
  • Share capital changed from 214,494 DKK to 225,894 DKK
  • Peter Zachariassen appointed board member
  • Mogens Bjørn Jacobsen appointed chair of the board
  • Michael Frank stepped down as chair of the board
20112 changesmanagement 1 · capital 1
  • Carsten Ottosen appointed board member
  • Share capital changed from 148,995 DKK to 214,494 DKK
20108 changesmanagement 3 · name 1 · capital 1 · industry 1 · founded 1 · ownership 1
  • Hans Viggo Madsen appointed board member
  • Michael Frank appointed chair of the board
  • Name changed from CORNERED AUDIO SYSTEMS ApS to CORNERED AUDIO ApS
  • Share capital changed from 125,000 DKK to 148,995 DKK
  • Industry changed to Manufacture of consumer electronics (264000)
  • Registered as CORNERED AUDIO SYSTEMS ApS
  • Hans Viggo Madsen appointed ceo
  • Hans Viggo Madsen registered as owner (33.33%)

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Same people in management

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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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