Cubs A/S

Public limited companyCVR 30545567GreveActive

Cubs A/S is a public limited company, based in Greve, active in computer consultancy and computer facilities management, founded in 2007. Net profit fell 29% from 2024 to 2025, ending at DKK 3.9m. With 16 employees, the company is about 8 times larger than the industry median. Equity fell to DKK 10.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 19.5m−12.7% vs. 2024
Net profitDKK 3.9m−29.1% vs. 2024
EquityDKK 10.4m−50.8% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 13% (2024 → 2025), to DKK 19.5m.
  • Net profit fell 29% (2024 → 2025), to DKK 3.9m.
  • Equity fell 51% (2024 → 2025), to DKK 10.4m.

Employees

  • 1 more employees than a year earlier: 16 (08/2026) against 15 (08/2025).

Management and owners, last 24 months

  • New in management: Matthew Christopher Hirst (board member, 13/03/2025), Mathew Thomas Bridge (chair of the board, 13/03/2025) and Christopher Park Durrett (board member, 13/03/2025).
  • Stepped down: Torben Sørensen (board member, 12/03/2025), Marlene Horsbøl Sylvester-Hvid (board member, 12/03/2025) and Michael John Brandt (chair of the board, 12/03/2025) (+2).
  • New owners registered: Esg Global (energy) Limited (12/03/2025), U2 Invest ApS (12/03/2025) and Costalsol ApS (12/03/2025).
  • No longer registered as owner: Costalsol ApS (11/03/2025), U2 Invest ApS (11/03/2025) and Daugelykke ApS (12/03/2025) (+3).

Registrations, last 24 months

  • 12/03/2025: Share capital changed from 962,325 DKK to 1,127,172 DKK
  • 01/01/2025: Industry changed to Computer consultancy and computer facilities management (622000)

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 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Cubs A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,4765,71210,96115,17922,27319,451−12.7%
Operating profit (EBIT)6667791,4353,7477,2995,290−27.5%
Profit before tax5576791,2263,4516,9985,199−25.7%
Net profit4345421,2622,7765,4513,866−29.1%
Total assets10,33416,49118,90622,75831,04614,109−54.6%
Equity6,52410,06711,32814,10421,14310,395−50.8%
Liabilities2,0764,5555,4955,8965,5983,714−33.7%
Cash and cash equivalents453,2732,8103,6746,0119,253+53.9%
Average number of employees8810101315+15.4%

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 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
Gross profitMedian, the industry (1,974 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Equity fell sharply

    Equity fell 51% from 2024 to 2025 (DKK 21.1m to DKK 10.4m).

    How is this calculated?

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

  • 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 Cubs A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202307/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202202/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202117/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/04/2021The 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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,974 companies in the database

Comparison with the other companies in computer consultancy and computer facilities management based on the latest financial year.

Gross profitDKK 19.5mNo. 220 of 1,969
Better than 89% of the companies in the industry
EquityDKK 10.4mNo. 193 of 1,974
Better than 90% of the companies in the industry
Number of employees16No. 281 of 1,974
Better than 86% of the companies in the industry

Industry median: gross profit DKK 2.1m, net profit DKK 235k, equity DKK 931k, 2 employees.

DKK 100kDKK 1.1mDKK 12.3mDKK 136.8mDKK 680.5mHere
Distribution of gross profit for 1,845 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. 1,582of 69,742
Better than 98%
No. 8,833of 69,964
Better than 87%
Same industry and fewer than 20 employees1,724 companies in the comparison
No. 38of 1,722
Better than 98%
No. 82of 1,724
Better than 95%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,455of 24,791
Better than 86%
No. 6,561of 24,909
Better than 74%
All companies of type A/S18,025 companies in the comparison
No. 6,056of 17,786
Better than 66%
No. 8,618of 18,024
Better than 52%

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

Computer consultancy and computer facilities management
Gross profit
  1. Cubs A/SDKK 19.5m
  2. KMD A/SDKK 1.5bn
  3. Netcompany A/SDKK 1.1bn
Net profit
  1. Cubs A/SDKK 3.9m
  2. KMD A/SDKK 272.1m
  3. Netcompany A/SDKK 374.2m
Equity
  1. Cubs A/SDKK 10.4m
  2. KMD A/SDKK 1.7bn
  3. Netcompany A/SDKK 902.7m
Employees
  1. Cubs A/S16
  2. KMD A/S1,540
  3. Netcompany A/S2,464

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
  • Esg Global (energy) Limited100%
Cubs A/S

Management

4 active registrations

Executive management

Executive management at Cubs A/S
NameRoleAppointed
Peter UlkaCEO01/04/2021

Board of directors

Board of directors at Cubs A/S
NameRoleAppointed
Matthew Christopher HirstBoard member13/03/2025
Mathew Thomas BridgeChair of the board13/03/2025
Christopher Park DurrettBoard member13/03/2025
Founders
Torben Sørensen
Former management (11)
Former management at Cubs A/S
NameRoleAppointedResigned
Torben SørensenBoard member06/06/200712/03/2025
Torben SørensenCEO06/06/200731/03/2021
Peter Harry KragChair of the board06/06/200721/04/2013
Thomas Gregers HonoreBoard member01/07/200726/03/2012
Søren Hoelgaard JustesenBoard member13/09/201012/11/2014
Marlene Horsbøl Sylvester-HvidBoard member09/01/201312/03/2025
Christine SørensenBoard member23/09/201428/06/2022
Michael KroghChair of the board23/09/201402/10/2019
Michael John BrandtChair of the board20/12/201912/03/2025
Herbert Michael NathanBoard member26/01/202112/03/2025
Torben SørensenDirector01/04/202112/03/2025

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Korskildelund 6
2670 Greve

Greve Municipality · Postcode 2670

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
CUBS A/SKorskildelund 6, 2670 Greve161013340834

Purpose

Selskabets formål er at sælge tjenesteydelser inden for it-branchen.

The purpose is quoted from the register in Danish.

Changes year by year

69 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202520 changesmanagement 8 · capital 1 · ownership 9 · accounts 1 · industry 1
  • Matthew Christopher Hirst appointed board member
  • Mathew Thomas Bridge appointed chair of the board
  • Christopher Park Durrett appointed board member
  • Share capital changed from 962,325 DKK to 1,127,172 DKK
  • Torben Sørensen stepped down as director
  • Herbert Michael Nathan stepped down as board member
  • Michael John Brandt stepped down as chair of the board
  • Marlene Horsbøl Sylvester-Hvid stepped down as board member
  • Torben Sørensen stepped down as board member
  • ESG GLOBAL (ENERGY) LIMITED registered as owner (100%)
  • COSTALSOL ApS registered as owner (33.33%)
  • COSTALSOL ApS is no longer registered as owner
  • U2 INVEST ApS registered as owner (25%)
  • U2 INVEST ApS is no longer registered as owner
  • Second Half ApS is no longer registered as owner
  • DAUGELYKKE ApS is no longer registered as owner
  • U2 INVEST ApS is no longer registered as owner
  • COSTALSOL ApS is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Computer consultancy and computer facilities management (622000)
20248 changescapital 1 · ownership 6 · accounts 1
  • Share capital changed from 817,977 DKK to 962,325 DKK
  • U2 INVEST ApS registered as owner (15%)
  • Second Half ApS registered as owner (15%)
  • DAUGELYKKE ApS registered as owner (5%)
  • Second Half ApS is no longer registered as owner
  • U2 INVEST ApS is no longer registered as owner
  • DAUGELYKKE ApS is no longer registered as owner
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20224 changesmanagement 1 · ownership 2 · accounts 1
  • Christine Sørensen stepped down as board member
  • COSTALSOL ApS registered as owner (50%)
  • COSTALSOL ApS is no longer registered as owner
  • Annual report for 2021 published
202110 changesaccounts 1 · management 4 · capital 1 · ownership 4
  • Annual report for 2020 published
  • Peter Ulka appointed ceo
  • Torben Sørensen appointed director
  • Torben Sørensen stepped down as ceo
  • Share capital changed from 654,381 DKK to 817,977 DKK
  • Herbert Michael Nathan appointed board member
  • Second Half ApS registered as owner (10%)
  • COSTALSOL ApS registered as owner (50%)
  • U2 INVEST ApS registered as owner (10%)
  • COSTALSOL ApS is no longer registered as owner
20202 changesname 1 · address 1
  • Name changed from CASALOGIC A/S to CUBS A/S
  • Moved to Korskildelund 6, 2670 Greve
20192 changesmanagement 2
  • Michael John Brandt appointed chair of the board
  • Michael Krogh stepped down as chair of the board
20181 changecapital 1
  • Share capital changed from 587,048 DKK to 654,381 DKK
20154 changescapital 1 · ownership 3
  • Share capital changed from 525,000 DKK to 587,048 DKK
  • COSTALSOL ApS registered as owner (66.67%)
  • DAUGELYKKE ApS registered as owner (10%)
  • COSTALSOL ApS is no longer registered as owner
20143 changesmanagement 3
  • Søren Hoelgaard Justesen stepped down as board member
  • Michael Krogh appointed chair of the board
  • Christine Sørensen appointed board member
20132 changesmanagement 2
  • Peter Harry Krag stepped down as chair of the board
  • Marlene Horsbøl Sylvester-Hvid appointed board member
20121 changemanagement 1
  • Thomas Gregers Honore stepped down as board member
20111 changeaddress 1
  • Moved to Korskildeeng 4, 1, 2670 Greve
20101 changemanagement 1
  • Søren Hoelgaard Justesen appointed board member
20091 changecapital 1
  • Share capital changed from 500,000 DKK to 525,000 DKK
20081 changeindustry 1
  • Industry changed to Konsulentbistand vedrørende informationsteknologi (620200)
20076 changesownership 1 · management 4 · founded 1
  • COSTALSOL ApS registered as owner (90%)
  • Thomas Gregers Honore appointed board member
  • Registered as CASALOGIC A/S
  • Torben Sørensen appointed board member
  • Peter Harry Krag appointed chair of the board
  • Torben Sørensen appointed ceo

Related companies

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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.

View in CVRReport a correction