Funder & Schultz ApS
Private limited companyCVR 40726268HillerødActive
Funder & Schultz ApS is a private limited company, based in Hillerød, active in plumbing, heat and air-conditioning installation, founded in 2019. Net profit rose 303% from 2024 to 2025, ending at DKK 4.3m. With 45 employees, the company is about 9 times larger than the industry median. Equity grew to DKK 8.4m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 34% (2024 → 2025), to DKK 32.6m.
- Net profit rose 303% (2024 → 2025), to DKK 4.3m.
- Equity rose 105% (2024 → 2025), to DKK 8.4m.
Employees
- 2 fewer employees than a year earlier: 45 (07/2026) against 47 (07/2025).
Registrations, last 24 months
- 02/10/2026: Moved to Falkevej 4C, 3400 Hillerød
- 01/01/2025: Industry changed to Plumbing, heat and air-conditioning installation (432200)
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 | 3,412 | 5,304 | 7,448 | 14,365 | 24,294 | 32,618 | +34.3% |
| Operating profit (EBIT) | 313 | 507 | 1,346 | 1,994 | 1,795 | 6,048 | +236.9% |
| Profit before tax | 311 | 473 | 1,264 | 1,766 | 1,386 | 5,542 | +299.7% |
| Net profit | 241 | 373 | 979 | 1,376 | 1,065 | 4,296 | +303.2% |
| Total assets | 2,348 | 3,176 | 5,640 | 17,281 | 28,800 | 28,354 | −1.5% |
| Equity | 291 | 663 | 1,643 | 3,019 | 4,084 | 8,380 | +105.2% |
| Liabilities | 2,057 | 2,512 | 3,873 | 13,740 | 23,873 | 17,885 | −25.1% |
| Cash and cash equivalents | 101 | 13 | 731 | 32 | 0 | 799 | – |
| Average number of employees | – | 12 | 14 | 21 | 35 | 40 | +14.3% |
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
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 | 27/01/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 08/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 05/07/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 19/04/2022 | The company | PDF not statedXBRL |
| 2020 | 20/08/2019 – 31/12/2020 | 16/07/2021 | 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
1,357 companies in the databaseComparison with the other companies in plumbing, heat and air-conditioning installation based on the latest financial year.
Industry median: gross profit DKK 3.3m, net profit DKK 316k, equity DKK 1.3m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 1,140of 9,892 Better than 88% | No. 3,488of 9,922 Better than 65% |
| Same industry and 20–49 employees153 companies in the comparison | No. 8of 153 Better than 95% | No. 40of 153 Better than 74% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 1,159of 33,579 Better than 97% | No. 4,215of 33,678 Better than 87% |
| All companies of type ApS66,508 companies in the comparison | No. 1,291of 66,379 Better than 98% | No. 7,790of 66,505 Better than 88% |
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
Plumbing, heat and air-conditioning installation- Funder & Schultz ApSDKK 32.6m
- Wicotec Kirkebjerg A/SDKK 419.7m
- Andersen & Heegaard A/SDKK 391.6m
- Funder & Schultz ApSDKK 4.3m
- Wicotec Kirkebjerg A/SDKK 115.1m
- Andersen & Heegaard A/SDKK 32.5m
- Funder & Schultz ApSDKK 8.4m
- Wicotec Kirkebjerg A/SDKK 494.9m
- Andersen & Heegaard A/SDKK 88.2m
- Funder & Schultz ApS45
- Wicotec Kirkebjerg A/S1,495
- Andersen & Heegaard A/S251
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- J. Funder Holding ApS50%
- Schultz Andersen Holding ApS50%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mikkel Hellebæk Schultz Andersen | Director | 20/08/2019 |
| Joen Funder | Director | 24/03/2021 |
- Founders
- J. Funder Holding ApS, Schultz Andersen Holding ApS
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsFalkevej 4C
3400 Hillerød
Hillerød Municipality · Postcode 3400
Other companies at the address (1)
- Nordicinsulate ApSInsulation installation
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Funder & Schultz ApS | Falkevej 4C, 3400 Hillerød | 44 | 1024958562 |
Purpose
Selskabets formål er at drive elektrikervirksomhed og VVS-virksomhed samt enhver virksomhed i hermed stående forbindelse.
The purpose is quoted from the register in Danish.
Changes year by year
15 registered events20262 changesaddress 1 · accounts 1
- AddressMoved to Falkevej 4C, 3400 Hillerød
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Plumbing, heat and air-conditioning installation (432200)
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 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementJoen Funder appointed director
20196 changesaddress 2 · founded 1 · management 1 · ownership 2
- AddressMoved to Vølundsvej 6E, 3400 Hillerød
- AddressMoved to Vølundsvej 6D, 3400 Hillerød
- FoundedRegistered as Funder & Schultz ApS
- ManagementMikkel Hellebæk Schultz Andersen appointed director
- OwnershipJ. Funder Holding ApS registered as owner (50%)
- OwnershipSchultz Andersen Holding ApS registered as owner (50%)
Related companies
Same industry in Hillerød
- Becko VVS A/S49 employees
- Allan Kristiansen & Sønner ApS17 employees
- Harløse VVS ApS11 employees
- Njord VVS Teknik ApS10 employees
- M.R. VVS & Varmeteknik ApS7 employees
- Ace Tech ApS4 employees
Same people in management
- Nordicinsulate ApSvia Joen Funder
- Rosvig ApSvia Joen Funder
Largest in the industry
- Wicotec Kirkebjerg A/SDKK 419.7m
- Andersen & Heegaard A/SDKK 391.6m
- Dtek A/SDKK 166.5m
- John Jensen VVS A/SDKK 143.5m
- Når A/SDKK 139.2m
- Gunnar Kristensen VVS A/SDKK 110.3m
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.