Horsens Yachtværft ApS
Private limited companyCVR 28708750HorsensActive
Horsens Yachtværft ApS is a private limited company, based in Horsens, active in repair and maintenance of ships and boats, founded in 2005. The company went from a profit in 2024 to a loss of DKK 1.1m in 2025. Equity fell to DKK 1.7m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 36% (2024 → 2025), to DKK 4.5m.
- Net profit went from a profit of DKK 354k to a loss of DKK 1.1m (2024 → 2025).
- Equity fell 39% (2024 → 2025), to DKK 1.7m.
Employees
- 4 fewer employees than a year earlier: 8 (08/2026) against 12 (08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Repair and maintenance of ships and boats (331500)
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 | 4,088 | 4,260 | 5,038 | 5,507 | 7,033 | 4,471 | −36.4% |
| Operating profit (EBIT) | 160 | 231 | 611 | 571 | 532 | −1,309 | −346.2% |
| Profit before tax | 139 | 207 | 581 | 509 | 458 | −1,400 | −405.9% |
| Net profit | 107 | 161 | 452 | 393 | 354 | −1,096 | −409.5% |
| Total assets | 3,701 | 3,469 | 3,898 | 6,639 | 6,312 | 5,518 | −12.6% |
| Equity | 1,480 | 1,641 | 2,093 | 2,486 | 2,840 | 1,744 | −38.6% |
| Liabilities | 2,199 | 1,805 | 1,764 | 4,038 | 3,403 | 3,705 | +8.9% |
| Cash and cash equivalents | 511 | 169 | 462 | 468 | 178 | 241 | +35.2% |
| Average number of employees | 11 | 11 | 12 | 13 | 13 | 12 | −7.7% |
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 figuresEquity fell sharply
Equity fell 39% from 2024 to 2025 (DKK 2.8m to DKK 1.7m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
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 | 08/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 17/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 05/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 12/03/2021 | 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
111 companies in the databaseComparison with the other companies in repair and maintenance of ships and boats based on the latest financial year.
Industry median: gross profit DKK 2.8m, net profit DKK 98,659, equity DKK 1.1m, 5 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. 15,208of 69,742 Better than 78% | No. 26,146of 69,964 Better than 63% |
| Same industry and fewer than 20 employees91 companies in the comparison | No. 21of 91 Better than 78% | No. 31of 91 Better than 67% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 10,453of 24,791 Better than 58% | No. 15,341of 24,909 Better than 38% |
| All companies of type ApS66,508 companies in the comparison | No. 15,416of 66,379 Better than 77% | No. 22,210of 66,505 Better than 67% |
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
Repair and maintenance of ships and boats- Horsens Yachtværft ApSDKK 4.5m
- Altrad Services A/SDKK 376.7m
- Fayard A/SDKK 302.3m
- Horsens Yachtværft ApS−DKK 1.1m
- Altrad Services A/S−DKK 12.8m
- Fayard A/SDKK 233.5m
- Horsens Yachtværft ApSDKK 1.7m
- Altrad Services A/SDKK 37.6m
- Fayard A/SDKK 164m
- Horsens Yachtværft ApS8
- Altrad Services A/S467
- Fayard A/S165
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Frost Holding Ejendomme ApS66.67%
- Hyv Holding ApS25%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Søren Buhl | Director | 23/05/2005 |
- Founders
- Hans Erik Frost
Signing rule: Selskabet tegnes af én direktør.
Address and production units
1 active production unitsGammel Havn 3
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| HORSENS YACHTVÆRFT ApS | Gammel Havn 3, 8700 Horsens | 8 | 1011335663 |
Purpose
Selskabets formål er reparation af både, bådebyggeri og anden dermed beslægtet virksomhed efter direktionens skøn.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Repair and maintenance of ships and boats (331500)
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
20165 changescapital 1 · ownership 4
- CapitalShare capital changed from 125,000 DKK to 300,000 DKK
- OwnershipFROST HOLDING EJENDOMME ApS registered as owner (66.67%)
- OwnershipHYV HOLDING ApS registered as owner (25%)
- OwnershipFROST HOLDING EJENDOMME ApS is no longer registered as owner
- OwnershipHYV HOLDING ApS is no longer registered as owner
20141 changeownership 1
- OwnershipFROST HOLDING EJENDOMME ApS registered as owner (33.33%)
20082 changesownership 1 · industry 1
- OwnershipHYV HOLDING ApS registered as owner (50%)
- IndustryIndustry changed to Repair and maintenance of ships and boats (331500)
20052 changesfounded 1 · management 1
- FoundedRegistered as HORSENS YACHTVÆRFT ApS
- ManagementSøren Buhl appointed director
Related companies
Same people in management
- Rhenus Warehousing Solutions Denmark A/Svia Hans Erik Frost
- Dansk Halentreprise A/Svia Hans Erik Frost
- Jwl A/Svia Hans Erik Frost
- Frost Holding Ejendomme ApSvia Hans Erik Frost
- Ejendomsaktieselskabet af 24.11.2010via Hans Erik Frost
Largest in the industry
- Altrad Services A/SDKK 376.7m
- Fayard A/SDKK 302.3m
- Orskov Yard A/SDKK 292.1m
- Wärtsilä Danmark A/SDKK 117.7m
- KS Elektro A/SDKK 80.1m
- Esbjerg Shipyard A/SDKK 50.1m
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.