Kost Capital ApS
Private limited companyCVR 43584103Frederiksberg CActive
Kost Capital ApS is a private limited company, based in Frederiksberg C, active in fund management activities, founded in 2022. After a loss in 2024, the company made a profit of DKK 438k in 2025. 8 other companies in the database are registered at the same address. 6 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 42% (2024 → 2025), to DKK 2.5m.
- Net profit went from a loss of DKK 194k to a profit of DKK 438k (2024 → 2025).
- Equity turned positive again: DKK 363k (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 2 (07/2026) against 3 (07/2025).
Management and owners, last 24 months
- Stepped down: Mark Emil Tholstrup Hermansen (board member, 17/11/2025).
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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | −1,418 | 1,729 | 2,463 | +42.5% |
| Operating profit (EBIT) | −2,184 | −209 | 282 | +235.1% |
| Profit before tax | −2,191 | −217 | 438 | +302% |
| Net profit | −2,191 | −194 | 438 | +326.5% |
| Total assets | 1,691 | 2,167 | 2,466 | +13.8% |
| Equity | 119 | −75 | 363 | +583.9% |
| Liabilities | 1,573 | 2,242 | 2,102 | −6.2% |
| Cash and cash equivalents | 339 | 689 | 924 | +34.1% |
| Average number of employees | 1 | 2 | 3 | +50% |
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 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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 03/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 07/03/2025 | The company | PDFXBRL |
| 2023 | 06/10/2022 – 31/12/2023 | 23/05/2024 | 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
73 companies in the databaseComparison with the other companies in fund management activities based on the latest financial year.
Industry median: gross profit DKK 744k, net profit DKK 49,922, equity DKK 1.2m, 2 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. 26,617of 69,742 Better than 62% | No. 45,463of 69,964 Better than 35% |
| Same industry and fewer than 20 employees71 companies in the comparison | No. 24of 71 Better than 67% | No. 44of 71 Better than 39% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 4,775of 16,614 Better than 71% | No. 6,765of 16,661 Better than 59% |
| All companies of type ApS66,508 companies in the comparison | No. 26,010of 66,379 Better than 61% | No. 41,389of 66,505 Better than 38% |
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
Fund management activities- Kost Capital ApSDKK 2.5m
- Danica Kapitalforvaltning K/SDKK 785.8m
- Qube Research and Technologies Denmark ApSDKK 47.1m
- Kost Capital ApSDKK 438k
- Danica Kapitalforvaltning K/SDKK 612.8m
- Qube Research and Technologies Denmark ApSDKK 6.7m
- Kost Capital ApSDKK 363k
- Danica Kapitalforvaltning K/SDKK 622.8m
- Qube Research and Technologies Denmark ApSDKK 18.9m
- Kost Capital ApS2
- Danica Kapitalforvaltning K/S66
- Qube Research and Technologies Denmark ApS18
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- KAAL Industries ApS90%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lasse Holm | Director | 06/10/2022 |
| Bodil Sidén | Director | 04/09/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Christian René Tang-Jespersen | Board member | 06/10/2022 |
| Kasper Hulthin Rasmussen | Chair of the board | 06/10/2022 |
| Jacob Nelson Lee Ørnstrand | Board member | 06/10/2022 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Hvemholderhvad Holding ApS, Future5 ApS, Jacob Lee Ørnstrand Holding A/S, Vildmark ApS, 8299 A/S, Fisk Holding ApS, Mad&Maskiner ApS, Oak Hill
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Mark Emil Tholstrup Hermansen | Board member | 06/10/2022 | 17/11/2025 |
Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller en direktør og et bestyrelsesmedlem i forening
Address and production units
1 active production unitsAmalievej 20
1875 Frederiksberg C
Frederiksberg Municipality · Postcode 1875
Other companies at the address (8)
- Aiaiai ApSManufacture of consumer electronics
- Kost Studio ApSResearch and experimental development on natural sciences and engineering
- Treets ApSComputer programming activities
- SAGA Education ApSComputer programming activities
- Wpc ApSOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Kost Capital ApS | Amalievej 20, 1875 Frederiksberg C | 2 | 1028670997 |
Purpose
Selskabets formål er at drive virksomhed som forvalter af alternative investeringsfonde indenfor BioEconomy, herunder innovative og nyskabende drikke- og madvarer og andet efter ledelsens skøn beslægtet virksomhed hertil. Et af Selskabets formål er i sin virksomhed og drift, at have en væsentlig positiv indvirkning på samfundet og miljøet som helhed.
The purpose is quoted from the register in Danish.
Changes year by year
22 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesmanagement 1 · accounts 1
- ManagementMark Emil Tholstrup Hermansen stepped down as board member
- AccountsAnnual report for 2024 published
20246 changesownership 5 · accounts 1
- OwnershipKAAL Industries ApS registered as owner (90%)
- OwnershipFuture5 ApS is no longer registered as owner
- OwnershipJACOB LEE ØRNSTRAND HOLDING A/S is no longer registered as owner
- OwnershipVildmark ApS is no longer registered as owner
- Ownership8299 A/S is no longer registered as owner
- AccountsAnnual report for 2023 published
20233 changesname 1 · industry 1 · management 1
- NameName changed from Plov ApS to Kost Capital ApS
- IndustryIndustry changed to Fund management activities (663000)
- ManagementBodil Sidén appointed director
202210 changesfounded 1 · management 5 · ownership 4
- FoundedRegistered as Plov ApS
- ManagementMark Emil Tholstrup Hermansen appointed board member
- ManagementChristian René Tang-Jespersen appointed board member
- ManagementKasper Hulthin Rasmussen appointed chair of the board
- ManagementJacob Nelson Lee Ørnstrand appointed board member
- ManagementLasse Holm appointed director
- OwnershipFuture5 ApS registered as owner (25%)
- OwnershipJACOB LEE ØRNSTRAND HOLDING A/S registered as owner (25%)
- OwnershipVildmark ApS registered as owner (0%)
- Ownership8299 A/S registered as owner (25%)
Related companies
Same people in management
- GN Hearing A/Svia Christian René Tang-Jespersen
- GN Store Nord A/Svia Christian René Tang-Jespersen
- Adeas A/Svia Christian René Tang-Jespersen
- Nil Technology ApSvia Christian René Tang-Jespersen
- Pno Holding A/Svia Jacob Nelson Lee Ørnstrand
- Natus Medical Denmark ApSvia Christian René Tang-Jespersen
Largest in the industry
- Danica Kapitalforvaltning K/SDKK 785.8m
- Qube Research and Technologies Denmark ApSDKK 47.1m
- Erhvervsinvest Management A/SDKK 33m
- Selected Alternatives Management ApSDKK 18.6m
- Dansk Group A/SDKK 14.8m
- N2f Management ApSDKK 14.5m
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.