EtOH Spirits ApS
Private limited companyCVR 39014521København ØActive
EtOH Spirits ApS is a private limited company, based in København Ø, active in distilling, rectifying and blending of spirits, founded in 2017. Equity was negative at the end of 2025 (−DKK 4.5m). After a loss in 2024, the company made a profit of DKK 2.4m in 2025. Measured by gross profit, it ranks no. 4 of 40 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 102% (2024 → 2025), to DKK 4.1m.
- Net profit went from a loss of DKK 764k to a profit of DKK 2.4m (2024 → 2025).
Employees
- 3 more employees than a year earlier: 5 (07/2026) against 2 (07/2025).
Management and owners, last 24 months
- New in management: Tobias Emil Jensen (board member, 03/02/2026), Mathias Brink Lorenz (board member, 03/02/2026) and Aleksander Byzdra (board member, 03/02/2026) (+1).
- New owners registered: Delphinus Venture Capital K/S (03/02/2026).
Registrations, last 24 months
- 03/02/2026: Share capital changed from 80,000 DKK to 90,431 DKK
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 | 92 | −413 | −527 | −152 | 2,031 | 4,104 | +102.1% |
| Operating profit (EBIT) | −717 | −1,779 | −1,786 | −1,259 | −748 | 2,676 | +457.9% |
| Profit before tax | −828 | −1,948 | −1,788 | −1,259 | −1,014 | 2,427 | +339.3% |
| Net profit | −606 | −1,473 | −1,365 | −1,593 | −764 | 2,427 | +417.5% |
| Total assets | 1,267 | 1,325 | 1,120 | 685 | 3,144 | 3,818 | +21.4% |
| Equity | −1,711 | −3,184 | −4,549 | −6,142 | −6,906 | −4,479 | +35.1% |
| Liabilities | 2,977 | 4,509 | 5,670 | 6,827 | 10,050 | 8,297 | −17.4% |
| Cash and cash equivalents | 192 | 150 | 86 | 177 | 13 | 3,088 | +22,970.8% |
| Average number of employees | 1 | 3 | 3 | 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. 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 figuresNegative equity
Equity was −DKK 4.5m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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 | 01/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 31/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 11/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 17/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/06/2021 | 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
40 companies in the databaseComparison with the other companies in distilling, rectifying and blending of spirits based on the latest financial year.
Industry median: gross profit DKK 816k, net profit DKK 606, equity DKK 583k, 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. 16,684of 69,742 Better than 76% | No. 69,090of 69,964 Better than 1% |
| Same industry and fewer than 20 employees39 companies in the comparison | No. 4of 39 Better than 92% | No. 35of 39 Better than 11% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 10,228of 33,588 Better than 70% | No. 33,018of 33,687 Better than 2% |
| All companies of type ApS66,508 companies in the comparison | No. 16,762of 66,379 Better than 75% | No. 65,628of 66,505 Better than 1% |
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
Distilling, rectifying and blending of spirits- EtOH Spirits ApSDKK 4.1m
- United Drinks A/SDKK 8.8m
- Thy Whisky ApSDKK 4.9m
- EtOH Spirits ApSDKK 2.4m
- United Drinks A/SDKK 1.5m
- Thy Whisky ApSDKK 1.1m
- EtOH Spirits ApS−DKK 4.5m
- United Drinks A/SDKK 2.3m
- Thy Whisky ApSDKK 5.5m
- EtOH Spirits ApS5
- United Drinks A/S9
- Thy Whisky ApS10
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- TE JensenBev Holding ApS66.67%
- Aleksander Byzdra5%
- Delphinus Venture Capital K/S5%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Tobias Emil Jensen | CEO | 11/10/2017 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Tobias Emil Jensen | Board member | 03/02/2026 |
| Mathias Brink Lorenz | Board member | 03/02/2026 |
| Aleksander Byzdra | Board member | 03/02/2026 |
| Johanna AM Pronk | Chair of the board | 03/02/2026 |
- Founders
- TE JensenBev Holding ApS
Signing rule: Selskabet tegnes af 1 direktør
Address and production units
1 active production unitsFruebjergvej 3
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (8)
- Vektor Ejendomme A/SBuying and selling of own real estate
- Symbion A/SRenting of commercial property
- Synopsys Denmark ApSComputer consultancy and computer facilities management
- Clinical-Microbiomics A/SResearch and experimental development on natural sciences and engineering
- River Stone Biotech ApSResearch and experimental development on natural sciences and engineering
| Production unit | Address | Employees | P number |
|---|---|---|---|
| EtOH Spirits ApS | Fruebjergvej 3, 2100 København Ø | 5 | 1022927309 |
Purpose
Selskabets formål er udvikle, producere og markedsføre alkoholiske destillater samt anden i forbindelse hermed stående virksomhed efter direktionens skøn
The purpose is quoted from the register in Danish.
Changes year by year
18 registered events20267 changesaccounts 1 · capital 1 · management 4 · ownership 1
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 80,000 DKK to 90,431 DKK
- ManagementTobias Emil Jensen appointed board member
- ManagementMathias Brink Lorenz appointed board member
- ManagementAleksander Byzdra appointed board member
- ManagementJohanna AM Pronk appointed chair of the board
- OwnershipDelphinus Venture Capital K/S registered as owner (5%)
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesaccounts 1 · ownership 1
- AccountsAnnual report for 2022 published
- OwnershipAleksander Byzdra registered as owner (5%)
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20175 changesaddress 2 · founded 1 · management 1 · ownership 1
- AddressMoved to Fruebjergvej 3, 2100 København Ø
- AddressMoved to Skotterupgade 19, 4. tv, 2200 København N
- FoundedRegistered as EtOH Spirits ApS
- ManagementTobias Emil Jensen appointed ceo
- OwnershipTE JensenBev Holding ApS registered as owner (66.67%)
Related companies
Same people in management
- To Øl ApSvia Tobias Emil Jensen
- Cordulus A/Svia Mathias Brink Lorenz
- Reduced ApSvia Mathias Brink Lorenz
- Åben ApSvia Mathias Brink Lorenz
- MedicQuant ApSvia Mathias Brink Lorenz
- Delphinus Forvaltning ApSvia Mathias Brink Lorenz
Largest in the industry
- United Drinks A/SDKK 8.8m
- Thy Whisky ApSDKK 4.9m
- Wild Distillery Bornholm ApSDKK 4.6m
- Mosgaard Destilleri ApSDKK 4m
- Copenhagen Distillery ApSDKK 3.6m
- Njord Gin A/SDKK 3.3m
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.