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Iboga Records ApS

Private limited companyCVR 26925169Frederiksberg CActive

Iboga Records ApS is a private limited company, based in Frederiksberg C, active in sound recording and music publishing, founded in 2002. Equity was negative at the end of 2025 (−DKK 425k). The company went from a profit in 2024 to a loss of DKK 1.3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 842k−37.1% vs. 2024
Net profit−DKK 1.3m−598.2% vs. 2024
Equity−DKK 425k−148.1% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 37% (2024 → 2025), to DKK 842k.
  • Net profit went from a profit of DKK 263k to a loss of DKK 1.3m (2024 → 2025).
  • Equity turned negative: −DKK 425k (2024 → 2025).

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 1.5m−DKK 1m−DKK 500kDKK 0DKK 500kDKK 1m202020212022202320242025
EquityNet profit
Financial figures for Iboga Records ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,2911,0641,4701,0581,338842−37.1%
Operating profit (EBIT)2418430−45353−199−156.3%
Profit before tax221−3143−47348−1,311−476.3%
Net profit170−6106−40263−1,310−598.2%
Total assets1,3591,5461,8541,5361,855441−76.2%
Equity612556662622885−425−148.1%
Liabilities7479901,182911964866−10.1%
Cash and cash equivalents6086211296421852−76%
Average number of employees2222220%

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 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4m202020212022202320242025
Gross profitMedian, the industry (98 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 425k at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 Iboga Records ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202516/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202408/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202323/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/07/2021The 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
0112209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

98 companies in the database

Comparison with the other companies in sound recording and music publishing based on the latest financial year.

Gross profitDKK 842kNo. 60 of 98
Better than 39% of the companies in the industry
Equity−DKK 425kNo. 90 of 98
Better than 8% of the companies in the industry
Number of employees2No. 37 of 98
Better than 63% of the companies in the industry

Industry median: gross profit DKK 1.1m, net profit DKK 44,863, equity DKK 605k, 2 employees.

DKK 100kDKK 492kDKK 2.4mDKK 11.9mDKK 34.6mHere
Distribution of gross profit for 89 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. 47,729of 69,742
Better than 32%
No. 65,404of 69,964
Better than 7%
Same industry and fewer than 20 employees94 companies in the comparison
No. 56of 94
Better than 41%
No. 86of 94
Better than 9%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 19,567of 24,791
Better than 21%
No. 23,913of 24,909
Better than 4%
All companies of type ApS66,508 companies in the comparison
No. 45,939of 66,379
Better than 31%
No. 61,847of 66,505
Better than 7%

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

Sound recording and music publishing
Gross profit
  1. Iboga Records ApSDKK 842k
  2. Sony Music Entertainment Denmark A/SDKK 58.8m
  3. Warner Music Denmark A/SDKK 41.1m
Net profit
  1. Iboga Records ApS−DKK 1.3m
  2. Sony Music Entertainment Denmark A/SDKK 11m
  3. Warner Music Denmark A/SDKK 15.5m
Equity
  1. Iboga Records ApS−DKK 425k
  2. Sony Music Entertainment Denmark A/SDKK 23.7m
  3. Warner Music Denmark A/SDKK 124.7m
Employees
  1. Iboga Records ApS2
  2. Sony Music Entertainment Denmark A/S49
  3. Warner Music Denmark A/S18

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
  • Michael Abel-Larsen50%
  • Mikael Dahlgaard50%
Iboga Records ApS

Management

2 active registrations

Executive management

Executive management at Iboga Records ApS
NameRoleAppointed
Michael Abel-LarsenCEO20/12/2002
Mikael DahlgaardDirector01/04/2010
Founders
Michael Abel-Larsen

Signing rule: Selskabet tegnes af direktionen.

Address and production units

1 active production units

Rosenørns Alle 44
1970 Frederiksberg C

Frederiksberg Municipality · Postcode 1970

Production units
Production unitAddressEmployeesP number
IBOGA RECORDS ApSRosenørns Alle 44, 1970 Frederiksberg C21009597243

Purpose

Selskabets formål er at drive virksomhed med produktion, udgivelse og salg af fonogrammer samt anden i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

16 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
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
20171 changeaddress 1
  • Moved to Rosenørns Alle 44, 1970 Frederiksberg C
20111 changeaddress 1
  • Moved to Valdemarsgade 19, 1665 København V
20102 changesmanagement 1 · address 1
  • Mikael Dahlgaard appointed director
  • Moved to Holsteinsgade 28, 2100 København Ø
20081 changeindustry 1
  • Industry changed to Sound recording and music publishing (592000)
20031 changeindustry 1
  • Industry changed to Udgivelse af lydoptagelser (221400)
20024 changesfounded 1 · management 1 · ownership 2
  • Registered as IBOGA RECORDS ApS
  • Michael Abel-Larsen appointed ceo
  • Michael Abel-Larsen registered as owner (50%)
  • Mikael Dahlgaard registered as owner (50%)

Related companies

Same industry in Frederiksberg

See all →

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