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Funder Development ApS

Private limited companyCVR 36437553VejleActive

Funder Development ApS is a private limited company, based in Vejle, active in manufacture of bicycles and invalid carriages, founded in 2014. Net profit fell 39% from 2024 to 2025, ending at DKK 483k.

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Key figures · financial year 2025

Gross profitDKK 2.8m−5.1% vs. 2024
Net profitDKK 483k−39.2% vs. 2024
EquityDKK 4m+13.9% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 5% (2024 → 2025), to DKK 2.8m.
  • Net profit fell 39% (2024 → 2025), to DKK 483k.
  • Equity rose 14% (2024 → 2025), to DKK 4m.

Employees

  • 1 fewer employees than a year earlier: 3 (07/2026) against 4 (07/2025).

Management and owners, last 24 months

  • New owners registered: Mads Funder Holding ApS (20/11/2025) and Anders Daa Funder (20/11/2025).
  • No longer registered as owner: Mads Funder Holding ApS (19/11/2025) and Anders Daa Funder (20/11/2025).

Registrations, last 24 months

  • 01/09/2026: Moved to Hjulmagervej 4, 7100 Vejle
  • 01/01/2025: Industry changed to Manufacture of bicycles and invalid carriages (309200)

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 thousand

Equity and net profit

DKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for Funder Development ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,1523,3871,6762,1732,9122,763−5.1%
Operating profit (EBIT)2,1271,966566541,025611−40.4%
Profit before tax2,1171,942336541,022634−37.9%
Net profit1,6471,51124507794483−39.2%
Total assets4,8844,6524,3303,8244,3334,976+14.8%
Equity2,6753,6863,5602,9863,4803,963+13.9%
Liabilities2,1659267488228531,013+18.7%
Cash and cash equivalents1,4871,8553604067071,448+104.7%
Average number of employees243234+33.3%

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (23 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Funder Development ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202512/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202414/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202310/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202129/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202027/01/2021The companyPDFXBRL

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
0123408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

23 companies in the database

Comparison with the other companies in manufacture of bicycles and invalid carriages based on the latest financial year.

Gross profitDKK 2.8mNo. 14 of 23
Better than 41% of the companies in the industry
EquityDKK 4mNo. 12 of 23
Better than 50% of the companies in the industry
Number of employees3No. 14 of 23
Better than 41% of the companies in the industry

Industry median: gross profit DKK 9.5m, net profit DKK 260k, equity DKK 4m, 19 employees.

DKK 186kDKK 840kDKK 3.8mDKK 17.2mDKK 47.1mHere
Distribution of gross profit for 20 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
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 24,320of 69,742
Better than 65%
No. 16,410of 69,964
Better than 77%
Same industry and fewer than 20 employees11 companies in the comparison
No. 2of 11
Better than 90%
No. 2of 11
Better than 90%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 13,872of 33,579
Better than 59%
No. 7,111of 33,678
Better than 79%
All companies of type ApS66,508 companies in the comparison
No. 23,884of 66,379
Better than 64%
No. 13,199of 66,505
Better than 80%

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 bicycles and invalid carriages
Gross profit
  1. Funder Development ApSDKK 2.8m
  2. R82 A/SDKK 77.9m
  3. A. Winther A/SDKK 58.3m
Net profit
  1. Funder Development ApSDKK 483k
  2. R82 A/SDKK 16.1m
  3. A. Winther A/SDKK 18.6m
Equity
  1. Funder Development ApSDKK 4m
  2. R82 A/SDKK 217.4m
  3. A. Winther A/SDKK 87.7m
Employees
  1. Funder Development ApS3
  2. R82 A/S183
  3. A. Winther A/S74

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
  • Mads Funder Holding ApS100%
Funder Development ApS

Management

1 active registrations

Executive management

Executive management at Funder Development ApS
NameRoleAppointed
Mads Maretti Daa FunderCEO19/11/2014
Founders
Funder Holding ApS
Former management (2)
Former management at Funder Development ApS
NameRoleAppointedResigned
Gorm ReedtzDirector09/01/201615/11/2017
Gorm ReedtzDirector16/11/201718/01/2018

Signing rule: Virksomheden tegnes af den samlede direktion

Address and production units

1 active production units

Hjulmagervej 4
7100 Vejle

Vejle Municipality · Postcode 7100

Production units
Production unitAddressEmployeesP number
FUNDER DEVELOPMENT ApSHjulmagervej 4, 7100 Vejle31019907275

Purpose

Selskabets formål er at drive produktudvikling handel og konsulentvirksomhed

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20262 changesaddress 1 · accounts 1
  • Moved to Hjulmagervej 4, 7100 Vejle
  • Annual report for 2025 published
20256 changesownership 4 · accounts 1 · industry 1
  • Anders Daa Funder registered as owner (10%)
  • Anders Daa Funder is no longer registered as owner
  • Mads Funder Holding ApS registered as owner (100%)
  • Mads Funder Holding ApS is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Manufacture of bicycles and invalid carriages (309200)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20185 changesindustry 1 · name 1 · management 1 · ownership 2
  • Industry changed to Manufacture of bicycles and invalid carriages (309200)
  • Name changed from FUNDER-REEDTZ DEVELOPMENT ApS to FUNDER DEVELOPMENT ApS
  • Gorm Reedtz stepped down as director
  • Mads Funder Holding ApS registered as owner (100%)
  • Trademaker Holding ApS is no longer registered as owner
20175 changesownership 3 · management 2
  • FUNDER HOLDING ApS is no longer registered as owner
  • Gorm Reedtz appointed director
  • Gorm Reedtz stepped down as director
  • Trademaker Holding ApS registered as owner (50%)
  • Gorm Reedtz is no longer registered as owner
20165 changesaddress 1 · name 1 · industry 1 · management 1 · ownership 1
  • Moved to Hjulmagervej 4A, 7100 Vejle
  • Name changed from FUNDER DEVELOPMENT ApS to FUNDER-REEDTZ DEVELOPMENT ApS
  • Industry changed to Wholesale of clothing (464210)
  • Gorm Reedtz appointed director
  • Gorm Reedtz registered as owner (50%)
20143 changesfounded 1 · management 1 · ownership 1
  • Registered as FUNDER DEVELOPMENT ApS
  • Mads Maretti Daa Funder appointed ceo
  • FUNDER HOLDING ApS registered as owner (50%)

Related companies

Same people in management

Largest in the industry

See all →

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.

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