InnovateDK ApS
Private limited companyCVR 40501010SpentrupActive
InnovateDK ApS is a private limited company, based in Spentrup, active in wholesale of wood, construction materials and sanitary equipment, founded in 2019. Net profit rose 52% from 2024 to 2025, ending at DKK 71,532. Equity grew to DKK 178k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit rose 52% (2024 → 2025), to DKK 71,532.
- Equity rose 67% (2024 → 2025), to DKK 178k.
Registrations, last 24 months
- 10/02/2025: Moved to Præstemarken 10, 8981 Spentrup
- 01/01/2025: Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
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 | 614 | 929 | 1,061 | 1,076 | 1,375 | 1,373 | −0.1% |
| Operating profit (EBIT) | 83 | 203 | 136 | −159 | 110 | 67 | −39.4% |
| Profit before tax | 65 | 197 | 142 | −193 | 60 | 72 | +18.8% |
| Net profit | 51 | 154 | 110 | −151 | 47 | 72 | +52.3% |
| Total assets | 844 | 1,062 | 1,219 | 1,007 | 967 | 1,168 | +20.9% |
| Equity | 193 | 346 | 457 | 60 | 107 | 178 | +66.9% |
| Liabilities | 651 | 716 | 762 | 947 | 860 | 990 | +15.1% |
| Cash and cash equivalents | 298 | 38 | 172 | 0 | 109 | 38 | −65.7% |
| Average number of employees | – | – | – | 2 | – | – | – |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 05/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 26/04/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 06/05/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 27/04/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 10/04/2022 | The company | PDF not statedXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 29/04/2021 | The company | PDF not statedXBRL |
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
430 companies in the databaseComparison with the other companies in wholesale of wood, construction materials and sanitary equipment based on the latest financial year.
Industry median: gross profit DKK 5.9m, net profit DKK 623k, equity DKK 6.3m, 7 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. 38,664of 69,742 Better than 45% | No. 51,381of 69,964 Better than 27% |
| Same industry and fewer than 20 employees334 companies in the comparison | No. 263of 334 Better than 21% | No. 299of 334 Better than 11% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 20,479of 33,588 Better than 39% | No. 24,492of 33,687 Better than 27% |
| All companies of type ApS66,508 companies in the comparison | No. 37,292of 66,379 Better than 44% | No. 47,473of 66,505 Better than 29% |
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
Wholesale of wood, construction materials and sanitary equipment- InnovateDK ApSDKK 1.4m
- Stark Danmark A/SDKK 1.8bn
- Bygma A/SDKK 1.4bn
- InnovateDK ApSDKK 71,532
- Stark Danmark A/SDKK 238m
- Bygma A/SDKK 228m
- InnovateDK ApSDKK 178k
- Stark Danmark A/SDKK 2bn
- Bygma A/SDKK 2.3bn
- InnovateDK ApS2
- Stark Danmark A/S2,792
- Bygma A/S1,891
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- COHF Holding ApS50%
- KRB Invest Holding ApS50%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Carsten Østergaard Faber | CEO | 07/05/2019 |
- Founders
- COHF Holding ApS
Signing rule: Selskabet tegnes af én direktør
Address and production units
1 active production unitsPræstemarken 10
8981 Spentrup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| InnovateDK ApS | Præstemarken 10, 8981 Spentrup | 2 | 1024683024 |
Purpose
Selskabets formål er at drive virksomhed med handel og service, samt enhver i forbindelse hermed stående virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
12 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20253 changesaccounts 1 · address 1 · industry 1
- AccountsAnnual report for 2024 published
- AddressMoved to Præstemarken 10, 8981 Spentrup
- IndustryIndustry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesownership 1 · accounts 1
- OwnershipKRB Invest Holding ApS registered as owner (50%)
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20193 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as InnovateDK ApS
- ManagementCarsten Østergaard Faber appointed ceo
- OwnershipCOHF Holding ApS registered as owner (50%)
Related companies
Same industry in Randers
- Vorup Tømmerhandel og Byggecenter A/S305 employees
- Vink Plast ApS172 employees
- Hörmann Danmark A/S55 employees
- Hornbaek A/S48 employees
- Zurface A/S42 employees
- Wood Step A/S26 employees
Largest in the industry
- Stark Danmark A/SDKK 1.8bn
- Bygma A/SDKK 1.4bn
- Hempel A/SDKK 955m
- Davidsen A/SDKK 921.4m
- Kvik A/SDKK 364.3m
- Johannes Fog A/SDKK 229.3m
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.