Encoded ApS
Private limited companyCVR 37612901EgåActive
Encoded ApS is a private limited company, based in Egå, active in industrial design and fashion design, founded in 2016. Equity was negative at the end of 2025 (−DKK 465k). The company made a loss in both 2024 and 2025, most recently DKK 201k.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Revenue fell 72% (2024 → 2025), to DKK 143k.
- The loss grew: from DKK 120k to DKK 201k (2024 → 2025).
Employees
- 1 more employees than a year earlier: 2 (01/2023) against 1 (01/2022).
Registrations, last 24 months
- 02/03/2025: Moved to Bredkær Parkvej 32, 8250 Egå
- 01/01/2025: Industry changed to Industrial design and fashion design (741100)
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 | 1,985 | 1,651 | 1,209 | 965 | 503 | 143 | −71.5% |
| Gross profit | 216 | 20 | −436 | 119 | −88 | −191 | −117.5% |
| Operating profit (EBIT) | 182 | 6 | −439 | 119 | −89 | −193 | −116.6% |
| Profit before tax | 159 | −12 | −452 | 95 | −120 | −201 | −67.3% |
| Net profit | 124 | −12 | −452 | 95 | −120 | −201 | −67.3% |
| Total assets | 591 | 496 | 432 | 346 | 283 | 106 | −62.6% |
| Equity | 223 | 213 | −239 | −144 | −264 | −465 | −76.1% |
| Liabilities | 368 | 283 | 671 | 490 | 547 | 570 | +4.3% |
| Cash and cash equivalents | 391 | 117 | 18 | 17 | 22 | 4 | −82.9% |
| Average number of employees | 2 | 2 | 2 | 2 | 2 | 2 | 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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 465k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/06/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 25/06/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 12/06/2022 | The company | PDF not statedXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 01/07/2021 | 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 CVRPosition in the industry
226 companies in the databaseComparison with the other companies in industrial design and fashion design based on the latest financial year.
Industry median: gross profit DKK 1.7m, net profit DKK 142k, equity DKK 987k, 3 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. 66,824of 69,742 Better than 4% | No. 65,596of 69,964 Better than 6% |
| Same industry and fewer than 20 employees200 companies in the comparison | No. 184of 200 Better than 8% | No. 180of 200 Better than 10% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 32,490of 33,579 Better than 3% | No. 31,022of 33,678 Better than 8% |
| All companies of type ApS66,508 companies in the comparison | No. 64,068of 66,379 Better than 3% | No. 62,046of 66,505 Better than 7% |
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
Industrial design and fashion design- Encoded ApS−DKK 191k
- Muuto A/SDKK 309.3m
- Maileg ApSDKK 134.6m
- Encoded ApS−DKK 201k
- Muuto A/SDKK 106.2m
- Maileg ApSDKK 93.6m
- Encoded ApS−DKK 465k
- Muuto A/SDKK 473.1m
- Maileg ApSDKK 182m
- Encoded ApS2
- Muuto A/S140
- Maileg ApS37
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Husted Holding ApS50%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Trine Bøttger | Director | 14/04/2016 |
| Lone Husted | Director | 30/11/2017 |
- Founders
- Trine Bøttger Holding IVS
Signing rule: Virksomheden tegnes af direktionen
Address and production units
1 active production unitsBredkær Parkvej 32
8250 Egå
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Encoded ApS | Bredkær Parkvej 32, 8250 Egå | 2 | 1021336528 |
Purpose
Virksomhedens formål er at udøve fremstilling, grossistvirksomhed samt import og eksport af designmøbler, accesories og øvrige handelsvarer.
The purpose is quoted from the register in Danish.
Changes year by year
21 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20253 changesaccounts 1 · address 1 · industry 1
- AccountsAnnual report for 2024 published
- AddressMoved to Bredkær Parkvej 32, 8250 Egå
- IndustryIndustry changed to Industrial design and fashion design (741100)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20212 changesownership 1 · accounts 1
- OwnershipTB Design 150 Holding IVS is no longer registered as owner
- AccountsAnnual report for 2020 published
20202 changesname 1 · capital 1
- NameName changed from Encoded IVS to Encoded ApS
- CapitalShare capital changed from 10 DKK to 40,000 DKK
20192 changesownership 2
- OwnershipTB Design 150 Holding IVS registered as owner (50%)
- OwnershipTrine Bøttger Holding IVS is no longer registered as owner
20181 changeaddress 1
- AddressMoved to Ny Carlsberg Vej 150, 1799 København V
20174 changesmanagement 1 · ownership 3
- ManagementLone Husted appointed director
- OwnershipTrine Bøttger Holding IVS registered as owner (50%)
- OwnershipHUSTED HOLDING ApS registered as owner (50%)
- OwnershipTrine Bøttger Holding IVS is no longer registered as owner
20163 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Encoded IVS
- ManagementTrine Bøttger appointed director
- OwnershipTrine Bøttger Holding IVS registered as owner (100%)
Related companies
Same industry in Aarhus
- Arturel ApS25 employees
- Lind Dna ApS25 employees
- Pedestal ApS16 employees
- Says Who A/S14 employees
- Bloom Objects ApS12 employees
- Studio About ApS8 employees
Same people in management
- Flexbelt A/Svia Lone Husted
Largest in the industry
- Muuto A/SDKK 309.3m
- Maileg ApSDKK 134.6m
- Vipp A/SDKK 73.4m
- Fusion ApSDKK 50.1m
- By ACRE ApsDKK 42.4m
- Arhoj ApSDKK 40.6m
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.