Golf Network Denmark ApS
Private limited companyCVR 32567797HorsensActive
Golf Network Denmark ApS is a private limited company, based in Horsens, active in retail sale of sports and leisure equipment, founded in 2009. Net profit fell 91% from 2024 to 2025, ending at DKK 30,880. Operations are spread over 4 production units in 3 towns. Equity fell to DKK 1.1m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 8% (2024 → 2025), to DKK 1.3m.
- Net profit fell 91% (2024 → 2025), to DKK 30,880.
- Equity fell 23% (2024 → 2025), to DKK 1.1m.
Employees
- 1 fewer employees than a year earlier: 8 (08/2026) against 9 (08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of sports and leisure equipment (476310)
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 | 1,550 | 1,712 | 1,249 | 1,104 | 1,438 | 1,330 | −7.5% |
| Operating profit (EBIT) | 893 | 932 | 485 | 198 | 474 | 60 | −87.3% |
| Profit before tax | 889 | 924 | 476 | 182 | 463 | 41 | −91.2% |
| Net profit | 693 | 721 | 370 | 142 | 361 | 31 | −91.4% |
| Total assets | 2,707 | 2,595 | 2,677 | 2,316 | 2,567 | 2,605 | +1.5% |
| Equity | 1,697 | 1,718 | 1,388 | 1,160 | 1,381 | 1,062 | −23.1% |
| Liabilities | 1,010 | 877 | 1,289 | 1,156 | 1,187 | 1,543 | +30% |
| Cash and cash equivalents | 1,093 | 360 | 7 | 33 | 77 | 13 | −83.4% |
| Average number of employees | 1 | 1 | 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. 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 | 16/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 07/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 04/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 23/03/2021 | 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
292 companies in the databaseComparison with the other companies in retail sale of sports and leisure equipment based on the latest financial year.
Industry median: gross profit DKK 1.7m, net profit DKK 139k, equity DKK 1.4m, 4 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. 39,310of 69,742 Better than 44% | No. 32,861of 69,964 Better than 53% |
| Same industry and fewer than 20 employees248 companies in the comparison | No. 132of 248 Better than 47% | No. 123of 248 Better than 51% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 17,680of 24,791 Better than 29% | No. 17,816of 24,909 Better than 28% |
| All companies of type ApS66,508 companies in the comparison | No. 37,907of 66,379 Better than 43% | No. 28,772of 66,505 Better than 57% |
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
Retail sale of sports and leisure equipment- Golf Network Denmark ApSDKK 1.3m
- Sport 24 A/SDKK 375.3m
- Sportmaster Danmark ApSDKK 181.3m
- Golf Network Denmark ApSDKK 30,880
- Sport 24 A/SDKK 45.3m
- Sportmaster Danmark ApS−DKK 9.3m
- Golf Network Denmark ApSDKK 1.1m
- Sport 24 A/SDKK 214.4m
- Sportmaster Danmark ApS−DKK 574.1m
- Golf Network Denmark ApS8
- Sport 24 A/S1,282
- Sportmaster Danmark ApS226
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Ancl Holding ApS66.67% · 100% votes
- Thunegolf ApS25% · 0% votes
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Claus Toftegaard Eliasen | Director | 18/11/2009 |
- Founders
- Andersen og Eliasen A/S
Signing rule: Selskabet tegnes af en direktør.
Address and production units
4 active production unitsByvangen 120
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| GOLF NETWORK DENMARK ApS | Byvangen 120, 8700 Horsens | 4 | 1015659021 |
| Birkemose Golf Shop | Nr. Stenderupvej 12, 6000 Kolding | – | 1028079687 |
| Brande Golf Shop | Nordlundvej 87, 7330 Brande | – | 1028079679 |
| Stensballegaard Golf Shop | Stensballegaardvej 7, 8700 Horsens | – | 1028079989 |
Purpose
Selskabets formål er salg af golfartikler og undervisning i golf, og dermed efter direktionens skøn beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
13 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of sports and leisure equipment (476310)
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
20172 changesownership 2
- OwnershipThunegolf ApS registered as owner (25%)
- OwnershipANCL HOLDING ApS registered as owner (66.67%)
20161 changeownership 1
- OwnershipANCL HOLDING ApS is no longer registered as owner
20141 changeownership 1
- OwnershipANCL HOLDING ApS registered as owner (100%)
20092 changesfounded 1 · management 1
- FoundedRegistered as GOLF NETWORK DENMARK ApS
- ManagementClaus Toftegaard Eliasen appointed director
Related companies
Same industry in Horsens
- Watery ApS114 employees
- Pulsure.dk ApS21 employees
- Effektlageret ApS16 employees
- Sportshuset. Horsens ApS7 employees
- Horsens Surf & Ski ApS5 employees
- Sportigan Brædstrup ApS3 employees
Same people in management
- Barnevognscentralen Horsens ApSvia Claus Toftegaard Eliasen
Largest in the industry
- Sport 24 A/SDKK 375.3m
- Sportmaster Danmark ApSDKK 181.3m
- Unisport A/SDKK 146m
- Ny-form, Kolding A/SDKK 66.3m
- Pas Normal Studios ApSDKK 63.6m
- I-Sport Retail ApSDKK 62.5m
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.