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HBS Economics ApS

Private limited companyCVR 36947993København KActive

HBS Economics ApS is a private limited company, based in København K, active in business and other management consultancy activities, founded in 2015. Net profit rose 45% from 2024 to 2025, ending at DKK 1.7m. Profit has grown three years in a row. With 10 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 11.1m+28.7% vs. 2024
Net profitDKK 1.7m+44.6% vs. 2024
EquityDKK 2.3m+84.2% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 29% (2024 → 2025), to DKK 11.1m.
  • Net profit rose 45% (2024 → 2025), to DKK 1.7m.
  • Equity rose 84% (2024 → 2025), to DKK 2.3m.

Employees

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

Registrations, last 24 months

  • 18/06/2026: Moved to Strandgade 27B, 3, 1401 København K
  • 01/01/2025: Industry changed to Business and other management consultancy activities (702000)

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 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
EquityNet profit
Financial figures for HBS Economics ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8,7637,4726,8755,9068,63811,117+28.7%
Operating profit (EBIT)−381−1197991,0271,5312,185+42.7%
Profit before tax−442−1807709861,5042,135+42%
Net profit−352−1745967551,1471,658+44.6%
Total assets6,5435,3893,6603,9575,5386,794+22.7%
Equity3,2831,6081,5264101,2572,315+84.2%
Liabilities3,2613,7802,1343,5053,9194,256+8.6%
Cash and cash equivalents2,9052,520958512,0473,979+94.3%
Average number of employees1413107910+11.1%

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 12m202020212022202320242025
Gross profitMedian, the industry (2,370 companies)

Annual reports

6 financial years
Annual reports for HBS Economics ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/07/2021The 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
02468101208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

2,370 companies in the database

Comparison with the other companies in business and other management consultancy activities based on the latest financial year.

Gross profitDKK 11.1mNo. 277 of 2,358
Better than 88% of the companies in the industry
EquityDKK 2.3mNo. 792 of 2,369
Better than 67% of the companies in the industry
Number of employees10No. 270 of 2,370
Better than 89% of the companies in the industry

Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 employees.

DKK 100kDKK 1.6mDKK 26.5mDKK 431.1mDKK 2.8bnHere
Distribution of gross profit for 2,031 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. 4,014of 69,742
Better than 94%
No. 22,488of 69,964
Better than 68%
Same industry and fewer than 20 employees2,220 companies in the comparison
No. 163of 2,210
Better than 93%
No. 680of 2,219
Better than 69%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 3,901of 33,588
Better than 88%
No. 9,933of 33,687
Better than 71%
All companies of type ApS66,508 companies in the comparison
No. 5,330of 66,379
Better than 92%
No. 18,768of 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

Business and other management consultancy activities
Gross profit
  1. HBS Economics ApSDKK 11.1m
  2. COWI Holding A/SDKK 7bn
  3. Accenture A/SDKK 1.1bn
Net profit
  1. HBS Economics ApSDKK 1.7m
  2. COWI Holding A/SDKK 374m
  3. Accenture A/SDKK 116.1m
Equity
  1. HBS Economics ApSDKK 2.3m
  2. COWI Holding A/SDKK 2bn
  3. Accenture A/SDKK 642m
Employees
  1. HBS Economics ApS10
  2. COWI Holding A/S12
  3. Accenture A/S977

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
  • ANHO Holding ApS33.33%
  • EA Schultz Holding ApS33.33%
  • JZS Holding ApS33.33%
HBS Economics ApS

Management

3 active registrations

Executive management

Executive management at HBS Economics ApS
NameRoleAppointed
Andreas HøjbjerreDirector04/08/2015
Esben Anton SchultzDirector04/08/2015
Jonas Zielke SchaarupDirector06/09/2024
Founders
Per Krogh Rants
Former management (2)
Former management at HBS Economics ApS
NameRoleAppointedResigned
Per Krogh RantsDirector02/07/201504/08/2015
Martin Kristian Rants BrauerDirector04/08/201512/07/2021

Signing rule: Virksomheden tegnes af en direktør.

Address and production units

1 active production units

Strandgade 27B
1401 København K

København Municipality · Postcode 1401

Production units
Production unitAddressEmployeesP number
HBS Economics ApSStrandgade 27B, 3, 1401 København K101020539824

Purpose

Virksomhedens formål er virksomhedsrådgivning, samt anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
20262 changesaccounts 1 · address 1
  • Annual report for 2025 published
  • Moved to Strandgade 27B, 3, 1401 København K
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Business and other management consultancy activities (702000)
20243 changesmanagement 1 · accounts 1 · address 1
  • Jonas Zielke Schaarup appointed director
  • Annual report for 2023 published
  • Moved to Strandgade 27B, 2, 1401 København K
20236 changesownership 5 · accounts 1
  • ANHO Holding ApS registered as owner (33.33%)
  • JZS Holding ApS registered as owner (33.33%)
  • EA Schultz Holding ApS registered as owner (33.33%)
  • ANHO Holding ApS is no longer registered as owner
  • EA Schultz Holding ApS is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20218 changesmanagement 1 · ownership 5 · name 1 · accounts 1
  • Martin Kristian Rants Brauer stepped down as director
  • ANHO Holding ApS registered as owner (50%)
  • EA Schultz Holding ApS registered as owner (50%)
  • KRB Holding af 2018 ApS is no longer registered as owner
  • Name changed from Højbjerre Brauer Schultz ApS to HBS Economics ApS
  • EA Schultz Holding ApS is no longer registered as owner
  • ANHO Holding ApS is no longer registered as owner
  • Annual report for 2020 published
20191 changeaddress 1
  • Moved to Ny Kongensgade 9B, 1, 1472 København K
20184 changesownership 4
  • EA Schultz Holding ApS registered as owner (33.33%)
  • ANHO Holding ApS registered as owner (33.33%)
  • KRB Holding af 2018 ApS registered as owner (33.33%)
  • HBS Holding af 2015 ApS is no longer registered as owner
20161 changeaddress 1
  • Moved to Frederiksholms Kanal 1, 2, 1220 København K
201512 changesaddress 2 · ownership 3 · name 1 · management 5 · founded 1
  • Moved to Trommesalen 5, 3, 1614 København V
  • Moved to Trommesalen 5, 3, 1614 København V
  • HBS Holding af 2015 ApS registered as owner (100%)
  • Per Krogh Rants is no longer registered as owner
  • Name changed from Konsulentfirmaet Davira ApS to Højbjerre Brauer Schultz ApS
  • Martin Kristian Rants Brauer appointed director
  • Andreas Højbjerre appointed director
  • Esben Anton Schultz appointed director
  • Per Krogh Rants stepped down as director
  • Registered as Konsulentfirmaet Davira ApS
  • Per Krogh Rants appointed director
  • Per Krogh Rants registered as owner (100%)

Related companies

Same industry in København

See all →

Same people in management

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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