Havfruen Invest ApS

Private limited companyCVR 40482997SkagenActive

Havfruen Invest ApS is a private limited company, based in Skagen, active in investment on own account, founded in 2019. After a loss in 2024, the company made a profit of DKK 3.1m in 2025. Equity grew to DKK 4.9m in 2025. Gross profit is higher than that of 89% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 6m+279.1% vs. 2024
Net profitDKK 3.1m+1,347.6% vs. 2024
EquityDKK 4.9m+173.9% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 279% (2024 → 2025), to DKK 6m.
  • Net profit went from a loss of DKK 248k to a profit of DKK 3.1m (2024 → 2025).
  • Equity rose 174% (2024 → 2025), to DKK 4.9m.

Employees

  • 10 fewer employees than a year earlier: 2 (07/2026) against 12 (07/2025).

Registrations, last 24 months

  • 21/03/2026: Industry changed to Investment on own account (649910)
  • 11/03/2026: Moved to Mjølnersvej 20, 9990 Skagen
  • 11/03/2026: Name changed from Havfruen Fiskehus XI ApS to Havfruen Invest ApS
  • 01/01/2025: Industry changed to Restaurants and cafés (561110)

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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for Havfruen Invest ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,4282,0652,1391,6421,5825,995+279.1%
Operating profit (EBIT)41317944−435−2264,149+1,936.4%
Profit before tax35915829−485−3133,995+1,375.2%
Net profit27511918−382−2483,097+1,347.6%
Total assets3,9264,1504,3774,2483,9518,283+109.6%
Equity2,2742,3932,4112,0291,7814,878+173.9%
Liabilities1,1891,3271,6251,9811,9973,404+70.5%
Cash and cash equivalents14336384224−80.8%
Average number of employees333330−100%

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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (655 companies)

Annual reports

6 financial years
Annual reports for Havfruen Invest ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202520/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/05/2021The 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
024681012141608/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

655 companies in the database

Comparison with the other companies in investment on own account based on the latest financial year.

Gross profitDKK 6mNo. 71 of 623
Better than 89% of the companies in the industry
EquityDKK 4.9mNo. 483 of 655
Better than 26% of the companies in the industry
Number of employees2No. 518 of 655
Better than 21% of the companies in the industry

Industry median: gross profit −DKK 36,065, net profit DKK 364k, equity DKK 22.5m, 1 employees.

DKK 100kDKK 968kDKK 9.4mDKK 90.6mDKK 411.3mHere
Distribution of gross profit for 255 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. 10,710of 69,742
Better than 85%
No. 14,397of 69,964
Better than 79%
Same industry and fewer than 20 employees636 companies in the comparison
No. 64of 606
Better than 90%
No. 471of 636
Better than 26%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 7,342of 33,588
Better than 78%
No. 6,187of 33,687
Better than 82%
All companies of type ApS66,508 companies in the comparison
No. 11,366of 66,379
Better than 83%
No. 11,464of 66,505
Better than 83%

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

Investment on own account
Gross profit
  1. Havfruen Invest ApSDKK 6m
  2. Obton A/SDKK 876.4m
  3. MS2 Holding ApSDKK 841.3m
Net profit
  1. Havfruen Invest ApSDKK 3.1m
  2. Obton A/SDKK 463.9m
  3. MS2 Holding ApSDKK 136.9m
Equity
  1. Havfruen Invest ApSDKK 4.9m
  2. Obton A/S−DKK 219.2m
  3. MS2 Holding ApSDKK 1.2bn
Employees
  1. Havfruen Invest ApS2
  2. Obton A/S11
  3. MS2 Holding ApS7

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
  • Havfruen Holding ApS100%
Havfruen Invest ApS

Management

1 active registrations

Executive management

Executive management at Havfruen Invest ApS
NameRoleAppointed
Mads WestphalDirector01/05/2019
Founders
Mads Westphal

Signing rule: Selskabet tegnes af en direktør alene.

Address and production units

1 active production units

Mjølnersvej 20
9990 Skagen

Frederikshavn Municipality · Postcode 9990

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Havfruen Invest ApSMjølnersvej 20, 9990 Skagen21024660601

Purpose

Selskabets formål er at købe og sælge aktier, obligationer, ETF'er, råvarer, fonde, ejendomme og vin samt udlejning af ejendomme.

The purpose is quoted from the register in Danish.

Changes year by year

15 registered events
20264 changesaccounts 1 · industry 1 · name 1 · address 1
  • Annual report for 2025 published
  • Industry changed to Investment on own account (649910)
  • Name changed from Havfruen Fiskehus XI ApS to Havfruen Invest ApS
  • Moved to Mjølnersvej 20, 9990 Skagen
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Restaurants and cafés (561110)
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
20195 changesownership 3 · founded 1 · management 1
  • Havfruen Holding ApS registered as owner (100%)
  • Mads Westphal is no longer registered as owner
  • Registered as Havfruen Fiskehus XI ApS
  • Mads Westphal appointed director
  • Mads Westphal registered as owner (100%)

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Same people in management

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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.

View in CVRReport a correction