Kulby ApS
Private limited companyCVR 40116486København ØActive
Kulby ApS is a private limited company, based in København Ø, active in non-financial holding companies, founded in 2018. The company went from a profit in 2025 to a loss of DKK 20,698 in 2026. With 5 employees, the company is about 5 times larger than the industry median. 8 other companies in the database are registered at the same address.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit fell 11% (2025 → 2026), to DKK 104k.
- Net profit went from a profit of DKK 6,635 to a loss of DKK 20,698 (2025 → 2026).
- Equity fell 12% (2025 → 2026), to DKK 156k.
Employees
- 1 fewer employees than a year earlier: 5 (07/2026) against 6 (07/2025).
Registrations, last 24 months
- 03/01/2025: Moved to Lautrupsgade 11, 2100 København Ø
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 2021–2026 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 58 | 205 | −37 | −196 | 117 | 104 | −10.9% |
| Operating profit (EBIT) | 58 | 205 | −37 | −196 | 24 | −25 | −203.9% |
| Profit before tax | 58 | 204 | −127 | −197 | 14 | −26 | −290.7% |
| Net profit | 40 | 174 | −95 | −160 | 7 | −21 | −412% |
| Total assets | 330 | 553 | 354 | 505 | 257 | 283 | +10% |
| Equity | 251 | 425 | 330 | 170 | 177 | 156 | −11.7% |
| Liabilities | 79 | 128 | 24 | 336 | 81 | 127 | +57.6% |
| Cash and cash equivalents | 61 | 69 | 138 | 118 | 10 | 9 | −16.3% |
| Average number of employees | – | – | – | – | 0 | 1 | – |
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 2021, 2022, 2023, 2024, 2025, 2026: 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 |
|---|---|---|---|---|
| 2026 | 01/05/2025 – 30/04/2026 | 12/10/2026 | The company | PDF not statedXBRL |
| 2025 | 01/05/2024 – 30/04/2025 | 30/10/2025 | The company | PDF not statedXBRL |
| 2024 | 01/05/2023 – 30/04/2024 | 21/10/2024 | The company | PDFXBRL |
| 2023 | 01/05/2022 – 30/04/2023 | 02/11/2023 | The company | PDFXBRL |
| 2022 | 01/05/2021 – 30/04/2022 | 26/09/2022 | The company | PDFXBRL |
| 2021 | 01/05/2020 – 30/04/2021 | 06/09/2021 | 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
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 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. 60,992of 69,742 Better than 13% | No. 52,302of 69,964 Better than 25% |
| Same industry and fewer than 20 employees2,092 companies in the comparison | No. 700of 2,048 Better than 66% | No. 1,963of 2,092 Better than 6% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 30,283of 33,588 Better than 10% | No. 24,914of 33,687 Better than 26% |
| All companies of type ApS66,508 companies in the comparison | No. 58,644of 66,379 Better than 12% | No. 48,410of 66,505 Better than 27% |
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
Non-financial holding companies- Kulby ApSDKK 104k
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Kulby ApS−DKK 20,698
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- Kulby ApSDKK 156k
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- Kulby ApS5
- Heartland A/S34
- Andel A.M.B.A.28
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Mads Frydendal Jeppesen100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mads Frydendal Jeppesen | Director | 20/12/2018 |
- Founders
- Mads Frydendal Jeppesen
Signing rule: Selskabet tegnes af en direktør
Address and production units
1 active production unitsLautrupsgade 11
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (8)
- Grant Thornton Advisory DK P/SOther activities auxiliary to financial services, except insurance and pension funding
- Invoicery Danmark ApSTemporary employment agency activities and other staff provision
- Globalization Partners Denmark ApSTemporary employment agency activities and other staff provision
- Servicenow Denmark ApSIT infrastructure, data processing, hosting and related activities
- Skyborn Renewables Denmark ApSProduction of electricity from renewable sources
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Kulby ApS | Lautrupsgade 11, 2100 København Ø | 6 | 1024239000 |
Purpose
Selskabets formål er at eje kapitalandel og andre lignende investeringer, ejendomsinvestering, ejendomsadministration, rådgivning samt lignende virksomhed efter ledelsens skøn
The purpose is quoted from the register in Danish.
Changes year by year
11 registered events20261 changeaccounts 1
- AccountsAnnual report for 2026 published
20252 changesaccounts 1 · address 1
- AccountsAnnual report for 2025 published
- AddressMoved to Lautrupsgade 11, 2100 København Ø
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20212 changesname 1 · accounts 1
- NameName changed from Kulby 2019 ApS to Kulby ApS
- AccountsAnnual report for 2021 published
20183 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Kulby 2019 ApS
- ManagementMads Frydendal Jeppesen appointed director
- OwnershipMads Frydendal Jeppesen registered as owner (100%)
Related companies
Same industry in København
- John Sisk & Son ApS57 employees
- Archon Games ApS42 employees
- Zwei Grosse Bierbars, Aalborg ApS30 employees
- M. Goldschmidt Holding A/S30 employees
- Embankment Group A/S29 employees
- Söderberg & Partners Danmark Holding ApS26 employees
Same people in management
- K3.1 ApSvia Mads Frydendal Jeppesen
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
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.