Cowbell ApS
Private limited companyCVR 36034742ValbyActive
Cowbell ApS is a private limited company, based in Valby, active in sound recording and music publishing, founded in 2014. The company made a loss in both 2024 and 2025, most recently DKK 261k. Equity fell to DKK 427k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 128% (2024 → 2025), to DKK 1.5m.
- The loss got smaller: from DKK 389k to DKK 261k (2024 → 2025).
- Equity fell 47% (2024 → 2025), to DKK 427k.
Employees
- 1 fewer employees than a year earlier: 3 (07/2026) against 4 (07/2025).
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 | 1,316 | 2,224 | 821 | 885 | 671 | 1,528 | +127.8% |
| Operating profit (EBIT) | 473 | 1,168 | −199 | −81 | −389 | −248 | +36.1% |
| Profit before tax | 457 | 1,141 | −251 | −91 | −389 | −261 | +32.8% |
| Net profit | 355 | 888 | −252 | −91 | −389 | −261 | +32.8% |
| Total assets | 1,754 | 2,769 | 2,376 | 1,973 | 1,370 | 1,401 | +2.3% |
| Equity | 1,119 | 1,895 | 1,528 | 1,319 | 808 | 427 | −47.2% |
| Liabilities | 634 | 874 | 848 | 654 | 562 | 974 | +73.4% |
| Cash and cash equivalents | 1,588 | 2,285 | 1,992 | 1,055 | 764 | 993 | +30% |
| Average number of employees | 3 | 3 | 3 | 3 | 3 | 2 | −33.3% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 4 years in a row
Net result has been negative in 2022–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 47% from 2024 to 2025 (DKK 808k to DKK 427k).
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 23/06/2026 | 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 | 02/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 04/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 23/06/2021 | 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
98 companies in the databaseComparison with the other companies in sound recording and music publishing based on the latest financial year.
Industry median: gross profit DKK 1.1m, net profit DKK 44,863, equity DKK 605k, 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. 36,530of 69,742 Better than 48% | No. 43,821of 69,964 Better than 37% |
| Same industry and fewer than 20 employees94 companies in the comparison | No. 39of 94 Better than 59% | No. 51of 94 Better than 46% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 19,478of 33,588 Better than 42% | No. 20,755of 33,687 Better than 38% |
| All companies of type ApS66,508 companies in the comparison | No. 35,284of 66,379 Better than 47% | No. 39,731of 66,505 Better than 40% |
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
Sound recording and music publishing- Cowbell ApSDKK 1.5m
- Sony Music Entertainment Denmark A/SDKK 58.8m
- Warner Music Denmark A/SDKK 41.1m
- Cowbell ApS−DKK 261k
- Sony Music Entertainment Denmark A/SDKK 11m
- Warner Music Denmark A/SDKK 15.5m
- Cowbell ApSDKK 427k
- Sony Music Entertainment Denmark A/SDKK 23.7m
- Warner Music Denmark A/SDKK 124.7m
- Cowbell ApS3
- Sony Music Entertainment Denmark A/S49
- Warner Music Denmark A/S18
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Benjamin Koppel100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Benjamin Koppel | CEO | 22/06/2014 |
- Founders
- Benjamin Koppel
Signing rule: Selskabet tegnes af direktøren.
Address and production units
1 active production unitsStadfeldtsvej 10
2500 Valby
| Production unit | Address | Employees | P number |
|---|---|---|---|
| COWBELL ApS | Stadfeldtsvej 10, 2500 Valby | 3 | 1019531208 |
Purpose
Selskabets formål er at drive virksomhed med produktion af musik for fremmed regning, festivalvirksomhed, afholde koncerter og andre hermed beslægtede aktiviteter.
The purpose is quoted from the register in Danish.
Changes year by year
10 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- 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
20181 changeaddress 1
- AddressMoved to Stadfeldtsvej 10, 2500 Valby
20143 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as COWBELL ApS
- ManagementBenjamin Koppel appointed ceo
- OwnershipBenjamin Koppel registered as owner (100%)
Related companies
Same industry in København
- KM Studio Denmark ApS102 employees
- Sony Music Entertainment Denmark A/S49 employees
- United Stage Danmark ApS42 employees
- Upright Music ApS29 employees
- Target Group ApS17 employees
- MonoMono ApS16 employees
Largest in the industry
- Sony Music Entertainment Denmark A/SDKK 58.8m
- Warner Music Denmark A/SDKK 41.1m
- United Stage Danmark ApSDKK 37.8m
- Volbeat ApSDKK 26.1m
- Upright Music ApSDKK 23.5m
- Edition Wilhelm Hansen A/SDKK 16m
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.