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Hvidevare Butikken Odense ApS

Private limited companyCVR 30987489Odense SØActive

Hvidevare Butikken Odense ApS is a private limited company, based in Odense SØ, active in retail sale of electrical household appliances, founded in 2007. Net profit rose 8% from 2024 to 2025, ending at DKK 1.4m. Profit has grown three years in a row. With 12 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 6m−2.7% vs. 2024
Net profitDKK 1.4m+8.3% vs. 2024
EquityDKK 1.5m+5.5% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 6m.
  • Net profit rose 8% (2024 → 2025), to DKK 1.4m.
  • Equity rose 6% (2024 → 2025), to DKK 1.5m.

Employees

  • 1 more employees than a year earlier: 12 (08/2026) against 11 (08/2025).

Management and owners, last 24 months

  • Stepped down: Frank Hellsten Meincke (director, 31/12/2024).
  • No longer registered as owner: Meincke Invest ApS (01/01/2025).

Registrations, last 24 months

  • 19/06/2025: Name changed from FRANK MEINCKE ApS to Hvidevare Butikken Odense ApS

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 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
EquityNet profit
Financial figures for Hvidevare Butikken Odense ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,9277,4955,9676,1496,2196,049−2.7%
Operating profit (EBIT)1,2343,2161,5791,6981,7511,872+6.9%
Profit before tax1,1763,1531,5001,6361,6831,825+8.4%
Net profit9072,4561,1621,2741,3091,418+8.3%
Total assets5,9035,5014,2004,2424,6774,017−14.1%
Equity1,0322,5811,2591,4031,4621,543+5.5%
Liabilities4,8712,9202,9402,8383,2152,474−23%
Cash and cash equivalents2,0911,3022134881,283180−86%
Average number of employees910109990%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (158 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Hvidevare Butikken Odense ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202307/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202120/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/05/2021The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

158 companies in the database

Comparison with the other companies in retail sale of electrical household appliances based on the latest financial year.

Gross profitDKK 6mNo. 15 of 158
Better than 91% of the companies in the industry
EquityDKK 1.5mNo. 76 of 158
Better than 52% of the companies in the industry
Number of employees12No. 19 of 158
Better than 89% of the companies in the industry

Industry median: gross profit DKK 2.3m, net profit DKK 277k, equity DKK 1.3m, 3 employees.

DKK 100kDKK 935kDKK 8.7mDKK 81.8mDKK 362.9mHere
Distribution of gross profit for 152 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. 10,576of 69,742
Better than 85%
No. 27,793of 69,964
Better than 60%
Same industry and fewer than 20 employees150 companies in the comparison
No. 7of 150
Better than 96%
No. 68of 150
Better than 55%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 8,599of 24,791
Better than 65%
No. 15,959of 24,909
Better than 36%
All companies of type ApS66,508 companies in the comparison
No. 11,246of 66,379
Better than 83%
No. 23,774of 66,505
Better than 64%

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 electrical household appliances
Gross profit
  1. Hvidevare Butikken Odense ApSDKK 6m
  2. Elgiganten A/SDKK 764.4m
  3. Power A/SDKK 430.6m
Net profit
  1. Hvidevare Butikken Odense ApSDKK 1.4m
  2. Elgiganten A/SDKK 67.6m
  3. Power A/SDKK 47.7m
Equity
  1. Hvidevare Butikken Odense ApSDKK 1.5m
  2. Elgiganten A/SDKK 479.5m
  3. Power A/SDKK 384.3m
Employees
  1. Hvidevare Butikken Odense ApS12
  2. Elgiganten A/S2,181
  3. Power A/S1,117

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
  • Søren Dam ApS100%
Hvidevare Butikken Odense ApS

Management

1 active registrations

Executive management

Executive management at Hvidevare Butikken Odense ApS
NameRoleAppointed
Søren Vestergaard DamDirector17/08/2020
Founders
Meincke Invest ApS
Former management (1)
Former management at Hvidevare Butikken Odense ApS
NameRoleAppointedResigned
Frank Hellsten MeinckeDirector17/10/200731/12/2024

Signing rule: Selskabet tegnes af en direktør

Address and production units

1 active production units

Ørbækvej 109A
5220 Odense SØ

Odense Municipality · Postcode 5220

Production units
Production unitAddressEmployeesP number
Hvidevare Butikken Odense ApSØrbækvej 109A, 5220 Odense SØ121013740085

Purpose

Selskabets formål er at drive detailhandelsvirksomhed og dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

25 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesaccounts 1 · name 1 · ownership 1
  • Annual report for 2024 published
  • Name changed from FRANK MEINCKE ApS to Hvidevare Butikken Odense ApS
  • MEINCKE INVEST ApS is no longer registered as owner
20243 changesmanagement 1 · accounts 1 · address 1
  • Frank Hellsten Meincke stepped down as director
  • Annual report for 2023 published
  • Moved to Ørbækvej 109A, 5220 Odense SØ
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesaddress 4 · accounts 1
  • Moved to Ørbækvej 109, 5220 Odense SØ
  • Moved to Ørbækvej 109, 5220 Odense SØ
  • Annual report for 2020 published
  • Moved to Ørbækvej 109, 5220 Odense SØ
  • Moved to Ørbækvej 109, 5220 Odense SØ
20204 changesownership 3 · management 1
  • MEINCKE INVEST ApS registered as owner (50%)
  • Søren Dam ApS registered as owner (100%)
  • MEINCKE INVEST ApS is no longer registered as owner
  • Søren Vestergaard Dam appointed director
20192 changesaddress 2
  • Moved to Ørbækvej 109, 5220 Odense SØ
  • Moved to Ørbækvej 109, 5220 Odense SØ
20161 changeaddress 1
  • Moved to Ørbækvej 109, 5220 Odense SØ
20081 changeindustry 1
  • Industry changed to Retail sale of electrical household appliances (475400)
20073 changesfounded 1 · management 1 · ownership 1
  • Registered as FRANK MEINCKE ApS
  • Frank Hellsten Meincke appointed director
  • MEINCKE INVEST ApS registered as owner (100%)

Related companies

Same industry in Odense

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction