Dahl & Ulbæk ApS
Private limited companyCVR 40273573VejleActive
Dahl & Ulbæk ApS is a private limited company, based in Vejle, active in manufacture of musical instruments, founded in 2019. After a loss in 2024, the company made a profit of DKK 1,635 in 2025. Measured by gross profit, it ranks no. 8 of 10 companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 3% (2024 → 2025), to DKK 1.6m.
- Net profit went from a loss of DKK 291k to a profit of DKK 1,635 (2024 → 2025).
Employees
- 2 more employees than a year earlier: 6 (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 | 2,284 | 1,701 | 1,647 | 2,078 | 1,555 | 1,601 | +3% |
| Operating profit (EBIT) | 669 | 107 | 70 | 474 | −159 | 230 | +244.7% |
| Profit before tax | 203 | 6 | 54 | 156 | −371 | 4 | +101% |
| Net profit | 157 | 2 | 41 | 120 | −291 | 2 | +100.6% |
| Total assets | 2,624 | 2,793 | 2,476 | 2,798 | 2,518 | 2,449 | −2.7% |
| Equity | 292 | 294 | 334 | 454 | 164 | 165 | +1% |
| Liabilities | 2,322 | 2,500 | 2,142 | 2,343 | 2,354 | 2,284 | −3% |
| Cash and cash equivalents | 255 | 137 | 57 | 255 | 16 | 6 | −65.4% |
| Average number of employees | 4 | 3 | – | 4 | 4 | 4 | 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 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 figuresLow equity ratio
Equity makes up 7% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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 | 26/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 26/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 28/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 25/06/2021 | 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
10 companies in the databaseComparison with the other companies in manufacture of musical instruments based on the latest financial year.
Industry median: gross profit DKK 5m, net profit DKK 378k, equity DKK 2m, 5 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. 35,549of 69,742 Better than 49% | No. 51,900of 69,964 Better than 26% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 19,025of 33,588 Better than 43% | No. 24,714of 33,687 Better than 27% |
| All companies of type ApS66,508 companies in the comparison | No. 34,347of 66,379 Better than 48% | No. 48,000of 66,505 Better than 28% |
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 musical instruments- Dahl & Ulbæk ApSDKK 1.6m
- Larsen Strings A/SDKK 31.7m
- Frobenius Orgelbyggeri A/SDKK 16.1m
- Dahl & Ulbæk ApSDKK 1,635
- Larsen Strings A/SDKK 1.9m
- Frobenius Orgelbyggeri A/SDKK 921k
- Dahl & Ulbæk ApSDKK 165k
- Larsen Strings A/SDKK 53.3m
- Frobenius Orgelbyggeri A/SDKK 15.5m
- Dahl & Ulbæk ApS6
- Larsen Strings A/S35
- Frobenius Orgelbyggeri A/S31
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Ulbæk Holding, Vejle ApS50%
- Eddie Holding, Vejle ApS50%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lars Dahl-Jørgensen | Director | 20/02/2019 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lars Dahl-Jørgensen | Board member | 20/02/2019 |
| Thomas Sebastian Ulbæk Jensen | Chair of the board | 31/05/2021 |
| Rikke Dahl-Jørgensen | Board member | 31/05/2021 |
| Stina Fahnøe Jensen | Board member | 31/05/2021 |
- Founders
- Ulbæk Holding, Vejle ApS, Eddie Holding, Vejle ApS
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Thomas Sebastian Ulbæk Jensen | Director | 20/02/2019 | 31/05/2021 |
| Thomas Sebastian Ulbæk Jensen | Board member | 20/02/2019 | 30/05/2021 |
| Carsten Ulbæk Jensen | Chair of the board | 20/02/2019 | 31/05/2021 |
Signing rule: Selskabet tegnes af direktionen i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsHjulmagervej 17D
7100 Vejle
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Dahl & Ulbæk ApS | Hjulmagervej 17D, 7100 Vejle | 5 | 1024423642 |
Purpose
Selskabets formål er at drive handel og produktion og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
22 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
20217 changesaccounts 1 · management 6
- AccountsAnnual report for 2020 published
- ManagementThomas Sebastian Ulbæk Jensen appointed chair of the board
- ManagementRikke Dahl-Jørgensen appointed board member
- ManagementStina Fahnøe Jensen appointed board member
- ManagementThomas Sebastian Ulbæk Jensen stepped down as director
- ManagementCarsten Ulbæk Jensen stepped down as chair of the board
- ManagementThomas Sebastian Ulbæk Jensen stepped down as board member
201910 changesname 1 · address 1 · founded 1 · management 5 · ownership 2
- NameName changed from Anpartsselskabet af 19. februar 2019, Vejle to Dahl & Ulbæk ApS
- AddressMoved to Hjulmagervej 17D, 7100 Vejle
- FoundedRegistered as Anpartsselskabet af 19. februar 2019, Vejle
- ManagementLars Dahl-Jørgensen appointed director
- ManagementThomas Sebastian Ulbæk Jensen appointed director
- ManagementLars Dahl-Jørgensen appointed board member
- ManagementThomas Sebastian Ulbæk Jensen appointed board member
- ManagementCarsten Ulbæk Jensen appointed chair of the board
- OwnershipUlbæk Holding, Vejle ApS registered as owner (50%)
- OwnershipEddie Holding, Vejle ApS registered as owner (50%)
Related companies
Largest in the industry
- Larsen Strings A/SDKK 31.7m
- Frobenius Orgelbyggeri A/SDKK 16.1m
- Marcussen & Søn - Orgelbyggeri A/SDKK 14.7m
- Baum Guitars ApSDKK 5.8m
- P. G. Andersen & Bruhn Orgelbyggeri ApSDKK 5.6m
- Bruno Christensen & Sønner Orgelbyggeri ApSDKK 4.4m
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.