Form & Velvære ApS
Private limited companyCVR 32279678IkastActive
Form & Velvære ApS is a private limited company, based in Ikast, active in fitness facilities, founded in 2009. Net profit rose 47% from 2024 to 2025, ending at DKK 287k. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 4% (2024 → 2025), to DKK 479k.
- Net profit rose 47% (2024 → 2025), to DKK 287k.
- Equity rose 14% (2024 → 2025), to DKK 2.3m.
Registrations, last 24 months
- 01/01/2025: Industry changed to Fitness facilities (931300)
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 | 646 | 806 | 382 | 363 | 460 | 479 | +4.3% |
| Operating profit (EBIT) | 291 | 448 | 118 | 19 | 251 | 338 | +34.8% |
| Profit before tax | 288 | 446 | 118 | 19 | 251 | 367 | +46.2% |
| Net profit | 242 | 348 | 91 | 15 | 196 | 287 | +46.5% |
| Total assets | 1,874 | 2,143 | 2,206 | 2,283 | 2,511 | 2,890 | +15.1% |
| Equity | 1,359 | 1,707 | 1,798 | 1,813 | 2,009 | 2,295 | +14.3% |
| Liabilities | 330 | 253 | 226 | 292 | 328 | 419 | +27.9% |
| Cash and cash equivalents | – | 104 | 109 | 65 | 0 | – | – |
| Average number of employees | 1 | 1 | 1 | 1 | 1 | 1 | 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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 19/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 12/02/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 09/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 31/01/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 09/02/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 08/02/2021 | 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
361 companies in the databaseComparison with the other companies in fitness facilities based on the latest financial year.
Industry median: gross profit DKK 939k, net profit DKK 118k, equity DKK 203k, 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. 54,630of 69,742 Better than 22% | No. 22,598of 69,964 Better than 68% |
| Same industry and fewer than 20 employees263 companies in the comparison | No. 168of 263 Better than 36% | No. 14of 263 Better than 95% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 20,901of 24,791 Better than 16% | No. 13,837of 24,909 Better than 44% |
| All companies of type ApS66,508 companies in the comparison | No. 52,564of 66,379 Better than 21% | No. 18,877of 66,505 Better than 72% |
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
Fitness facilities- Form & Velvære ApSDKK 479k
- Pure Gym Denmark A/SDKK 544.3m
- SATS Danmark A/SDKK 159.5m
- Form & Velvære ApSDKK 287k
- Pure Gym Denmark A/SDKK 120.5m
- SATS Danmark A/S−DKK 24.5m
- Form & Velvære ApSDKK 2.3m
- Pure Gym Denmark A/SDKK 181.4m
- SATS Danmark A/S−DKK 478.8m
- Form & Velvære ApS2
- Pure Gym Denmark A/S1,676
- SATS Danmark A/S965
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- LTM Invest ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Line Gustafsson Michalski | Director | 14/12/2016 |
- Founders
- Jesper Østergaard Vaadde
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jesper Østergaard Vaadde | Director | 30/06/2009 | 08/07/2016 |
| Thomas Michalski | Director | 08/07/2016 | 14/12/2016 |
Signing rule: Selskabet tegnes af den samlede direktion.
Address and production units
1 active production unitsSkolegade 4
7430 Ikast
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Form & Velvære ApS | Skolegade 4-6, 7430 Ikast | 2 | 1015365923 |
Purpose
Selskabets formål er drift af motionscenter og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
26 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Fitness facilities (931300)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20183 changesownership 3
- OwnershipLTM Invest ApS registered as owner (100%)
- OwnershipJLM Ejendomme, Bording ApS is no longer registered as owner
- OwnershipLTM Invest ApS is no longer registered as owner
20172 changescapital 1 · merger 1
- CapitalShare capital changed from 250,000 DKK to 251,000 DKK
- MergerMerger registered in CVR
20168 changesmanagement 4 · name 1 · ownership 3
- ManagementLine Gustafsson Michalski appointed director
- ManagementThomas Michalski stepped down as director
- NameName changed from JA FITNESS ApS to Form & Velvære ApS
- ManagementThomas Michalski appointed director
- ManagementJesper Østergaard Vaadde stepped down as director
- OwnershipJLM Ejendomme, Bording ApS registered as owner (50%)
- OwnershipLTM Invest ApS registered as owner (50%)
- OwnershipJ Ø V HOLDING ApS is no longer registered as owner
20102 changesownership 1 · capital 1
- OwnershipJ Ø V HOLDING ApS registered as owner (100%)
- CapitalShare capital changed from 245,098 DKK to 250,000 DKK
20094 changescapital 1 · industry 1 · founded 1 · management 1
- CapitalShare capital changed from 125,000 DKK to 245,098 DKK
- IndustryIndustry changed to Fitness facilities (931300)
- FoundedRegistered as JA FITNESS ApS
- ManagementJesper Østergaard Vaadde appointed director
Related companies
Same people in management
- Per Michalski A/Svia Line Gustafsson Michalski
Largest in the industry
- Pure Gym Denmark A/SDKK 544.3m
- SATS Danmark A/SDKK 159.5m
- FitnessX A/SDKK 113.9m
- Fitness & Dreams ApSDKK 24.2m
- Arca ApSDKK 21.2m
- Well-come Fitness K/SDKK 19.2m
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.