Cumulus-invest ApS

Private limited companyCVR 37209910SkodsborgActive

Cumulus-invest ApS is a private limited company, based in Skodsborg, active in investment on own account, founded in 1971. Profit has grown three years in a row. The company has existed for over 50 years.

PDF report Compare

Key figures · financial year 2026

Gross profitDKK 30,017−52.5% vs. 2025

Net profitDKK 985k+3.1% vs. 2025

EquityDKK 110.6m+0.9% vs. 2025

Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

Gross profit fell 53% (2025 → 2026), to DKK 30,017.
Net profit rose 3% (2025 → 2026), to DKK 985k.

Registrations, last 24 months

01/01/2025: Industry changed to Investment on own account (649910)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for Cumulus-invest ApS
	2021	2022	2023	2024	2025	2026	Change
Revenue	0	48	144	not stated	not stated	not stated	–
Gross profit	−13	4,053	45	39	63	30	−52.5%
Operating profit (EBIT)	−313	3,586	−421	−427	−403	−436	−8.2%
Profit before tax	159	4,491	996	1,195	1,282	1,313	+2.5%
Net profit	159	4,674	758	913	956	985	+3.1%
Total assets	102,443	107,197	108,113	108,970	109,970	110,957	+0.9%
Equity	102,437	107,111	107,869	108,682	109,638	110,623	+0.9%
Liabilities	6	86	244	288	332	334	+0.7%
Average number of employees	0	0	0	0	0	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 2024, 2025, 2026: smaller companies may omit it, and we do not derive it from other figures. Gross profit can exceed revenue when the company has other operating income or is a financial company.

Download the figures as CSV · free with an account, amounts in whole DKK

Compare with the industry (655 companies)

Gross profitMedian, the industry (655 companies)

Signals from the financial statements

calculated from the 2026 figures

Profit for five years in a row
Net result has been positive in 2022–2026.
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 Cumulus-invest ApS
Financial year	Period	Published	Figures for	Documents
2026	01/05/2025 – 30/04/2026	02/06/2026	The company	PDF not statedXBRL
2025	01/05/2024 – 30/04/2025	24/06/2025	The company	PDF not statedXBRL
2024	01/05/2023 – 30/04/2024	28/06/2024	The company	PDF XBRL
2023	01/05/2022 – 30/04/2023	01/08/2023	The company	PDF not statedXBRL
2022	01/05/2021 – 30/04/2022	04/10/2022	The company	PDF not statedXBRL
2021	01/05/2020 – 30/04/2021	29/06/2021	The company	PDF not statedXBRL

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

Employees

Position in the industry

655 companies in the database

Comparison with the other companies in investment on own account based on the latest financial year.

Gross profitDKK 30,017No. 242 of 623

Better than 61% of the companies in the industry

EquityDKK 110.6mNo. 144 of 655

Better than 78% of the companies in the industry

Number of employees2No. 518 of 655

Better than 21% of the companies in the industry

Industry median: gross profit −DKK 36,065, net profit DKK 364k, equity DKK 22.5m, 1 employees.

Distribution of gross profit for 255 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 62,166of 69,742 Better than 11%	No. 1,666of 69,964 Better than 98%
Same industry and fewer than 20 employees636 companies in the comparison	No. 232of 606 Better than 62%	No. 138of 636 Better than 78%
Companies that are at least 30 years old10,276 companies in the comparison	No. 9,302of 10,152 Better than 8%	No. 1,170of 10,275 Better than 89%
All companies of type ApS66,508 companies in the comparison	No. 59,759of 66,379 Better than 10%	No. 1,027of 66,505 Better than 98%

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

Investment on own account

Gross profit

Cumulus-invest ApSDKK 30,017
Obton A/SDKK 876.4m
MS2 Holding ApSDKK 841.3m

Net profit

Cumulus-invest ApSDKK 985k
Obton A/SDKK 463.9m
MS2 Holding ApSDKK 136.9m

Equity

Cumulus-invest ApSDKK 110.6m
Obton A/S−DKK 219.2m
MS2 Holding ApSDKK 1.2bn

Employees

Cumulus-invest ApS2
Obton A/S11
MS2 Holding ApS7

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

J.j. Kruse Madsen Legat50%
Martin Thomas Kruse-Madsen25%
Claudia Alexandra Kruse-Madsen25%

Cumulus-invest ApS

Subsidiaries and ownership shares

Manufakturlageret Bolette ApS90%

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Cumulus-invest ApS
Name	Role	Appointed
Martin Thomas Kruse-Madsen	Director	27/10/2017
Claudia Alexandra Kruse-Madsen	Director	22/12/2022

Board of directors

Board of directors at Cumulus-invest ApS
Name	Role	Appointed
Martin Thomas Kruse-Madsen	Board member	15/09/1998
Claudia Alexandra Kruse-Madsen	Board member	22/12/2022

Auditor: Bha Statsautoriseret Revision ApS

Former management (10)

Former management at Cumulus-invest ApS
Name	Role	Appointed	Resigned
Wilfried Gunnar Schlüter	Board member	07/06/1971	11/12/1992
Wilfried Gunnar Schlüter	Director	07/06/1971	11/12/1992
Poul Nielsen	Board member	07/06/1971	11/12/1992
Hans Carl Ramon Schou	Board member	07/06/1971	18/10/2017
Hans Carl Ramon Schou	Director	07/06/1971	27/10/2017
Claus Axel Kruse-Madsen	Chair of the board	07/06/1971	20/11/2010
Henny Gerda Schlüter	Board member	07/06/1971	11/12/1992
Liselotte Kruse-Madsen	Board member	07/06/1971	19/03/2004
Claudia Alexandra Kruse-Madsen	Board member	15/09/1998	22/12/2022
Claudia Alexandra Kruse-Madsen	Director	03/01/2022	22/12/2022

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør alene.

Address and production units

1 active production units

Skodsborgparken 22
2942 Skodsborg

Rudersdal Municipality · Postcode 2942

Other companies at the address (1)

Manufakturlageret Bolette ApSOther financial service activities n.e.c.

Production units
Production unit	Address	Industry	Employees	P number
CUMULUS-INVEST ApS	Skodsborgparken 22, 3. tv, 2942 Skodsborg	Investment on own account	2	1003971740

Purpose

Selskabets formål er investerings- & finansieringsvirksomhed

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events

12015

02016

42017

02018

12019

02020

12021

62022

12023

12024

22025

12026

20261 changeaccounts 1

02/06AccountsAnnual report for 2026 published

20252 changesaccounts 1 · industry 1

24/06AccountsAnnual report for 2025 published
01/01IndustryIndustry changed to Investment on own account (649910)

20241 changeaccounts 1

28/06AccountsAnnual report for 2024 published

20231 changeaccounts 1

01/08AccountsAnnual report for 2023 published

20226 changesmanagement 5 · accounts 1

22/12ManagementClaudia Alexandra Kruse-Madsen appointed board member
22/12ManagementClaudia Alexandra Kruse-Madsen appointed director
22/12ManagementClaudia Alexandra Kruse-Madsen stepped down as director
22/12ManagementClaudia Alexandra Kruse-Madsen stepped down as board member
04/10AccountsAnnual report for 2022 published
03/01ManagementClaudia Alexandra Kruse-Madsen appointed director

20211 changeaccounts 1

29/06AccountsAnnual report for 2021 published

20191 changeaddress 1

18/11AddressMoved to Skodsborgparken 22, 3. tv, 2942 Skodsborg

20174 changesname 1 · management 3

27/10NameName changed from A/S CUMULUS-INVEST to CUMULUS-INVEST ApS
27/10ManagementMartin Thomas Kruse-Madsen appointed director
27/10ManagementHans Carl Ramon Schou stepped down as director
18/10ManagementHans Carl Ramon Schou stepped down as board member

20151 changeaddress 1

22/04AddressMoved to Skodsborgparken 22, 3. tv, 2942 Skodsborg

20101 changemanagement 1

20/11ManagementClaus Axel Kruse-Madsen stepped down as chair of the board

20081 changeindustry 1

01/01IndustryIndustry changed to Investeringsselskaber (643030)

20043 changesmanagement 1 · ownership 2

19/03ManagementLiselotte Kruse-Madsen stepped down as board member
19/03OwnershipMartin Thomas Kruse-Madsen registered as owner (25%)
19/03OwnershipClaudia Alexandra Kruse-Madsen registered as owner (25%)

20001 changeindustry 1

13/05IndustryIndustry changed to Finansieringsvirksomhed i øvrigt (652395)

19982 changesmanagement 2

15/09ManagementClaudia Alexandra Kruse-Madsen appointed board member
15/09ManagementMartin Thomas Kruse-Madsen appointed board member

19962 changescapital 1 · ownership 1

01/11CapitalShare capital changed from 300,000 DKK to 500,000 DKK
07/10OwnershipJ.J. KRUSE MADSEN LEGAT registered as owner (50%)

19924 changesmanagement 4

11/12ManagementHenny Gerda Schlüter stepped down as board member
11/12ManagementWilfried Gunnar Schlüter stepped down as board member
11/12ManagementWilfried Gunnar Schlüter stepped down as director
11/12ManagementPoul Nielsen stepped down as board member

19719 changesfounded 1 · management 8

07/06FoundedRegistered as A/S CUMULUS-INVEST
07/06ManagementHenny Gerda Schlüter appointed board member
07/06ManagementWilfried Gunnar Schlüter appointed board member
07/06ManagementLiselotte Kruse-Madsen appointed board member
07/06ManagementWilfried Gunnar Schlüter appointed director
07/06ManagementPoul Nielsen appointed board member
07/06ManagementHans Carl Ramon Schou appointed board member
07/06ManagementHans Carl Ramon Schou appointed director
07/06ManagementClaus Axel Kruse-Madsen appointed chair of the board

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Same industry in Rudersdal

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Same people in management

Kind Design Agency A/Svia Max Frederiksen
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Largest in the industry

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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 CVR Report a correction