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M.u.d. Trading ApS

Private limited companyCVR 26994543København ØActive

M.u.d. Trading ApS is a private limited company, based in København Ø, active in retail sale of clothing, founded in 2004. The company went from a profit in 2024 to a loss of DKK 131k in 2025. Equity fell to DKK 213k in 2025.

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Key figures · financial year 2025

Gross profitDKK 494k−43.8% vs. 2024
Net profit−DKK 131k−151.8% vs. 2024
EquityDKK 213k−38% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 44% (2024 → 2025), to DKK 494k.
  • Net profit went from a profit of DKK 252k to a loss of DKK 131k (2024 → 2025).
  • Equity fell 38% (2024 → 2025), to DKK 213k.

Employees

  • 1 more employees than a year earlier: 3 (08/2026) against 2 (08/2025).

Management and owners, last 24 months

  • New owners registered: Kenneth Thomas Olsen (31/12/2025).
  • No longer registered as owner: Kenneth Thomas Olsen (30/12/2025) and Nebbegård Invest A/S (31/12/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of clothing (477110)

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 800k−DKK 600k−DKK 400k−DKK 200kDKK 0DKK 200kDKK 400k202020212022202320242025
EquityNet profit
Financial figures for M.u.d. Trading ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−168570688433878494−43.8%
Operating profit (EBIT)−814153223−158458−94−120.5%
Profit before tax−93688151−276336−163−148.5%
Net profit−737137115−227252−131−151.8%
Total assets1,9111,6861,6891,9691,8841,863−1.2%
Equity−798−662−546−773343213−38%
Liabilities2,7092,3472,2352,7421,5411,650+7%
Cash and cash equivalents105211112012341−66.3%
Average number of employees–11212+100%

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 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6m202020212022202320242025
Gross profitMedian, the industry (937 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 38% from 2024 to 2025 (DKK 343k to DKK 213k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 M.u.d. Trading ApS
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202530/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202417/01/2025The companyPDFXBRL
202301/07/2022 – 30/06/202329/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202207/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202110/11/2021The companyPDFXBRL
202001/01/2019 – 30/06/202027/11/2020The 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
0123409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

937 companies in the database

Comparison with the other companies in retail sale of clothing based on the latest financial year.

Gross profitDKK 494kNo. 770 of 936
Better than 18% of the companies in the industry
EquityDKK 213kNo. 657 of 937
Better than 30% of the companies in the industry
Number of employees3No. 578 of 937
Better than 38% of the companies in the industry

Industry median: gross profit DKK 1.3m, net profit DKK 76,336, equity DKK 784k, 3 employees.

DKK 100kDKK 921kDKK 8.5mDKK 78.1mDKK 343mHere
Distribution of gross profit for 870 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. 54,370of 69,742
Better than 22%
No. 50,099of 69,964
Better than 28%
Same industry and fewer than 20 employees850 companies in the comparison
No. 686of 849
Better than 19%
No. 578of 850
Better than 32%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 20,848of 24,791
Better than 16%
No. 22,145of 24,909
Better than 11%
All companies of type ApS66,508 companies in the comparison
No. 52,320of 66,379
Better than 21%
No. 46,156of 66,505
Better than 31%

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 clothing
Gross profit
  1. M.u.d. Trading ApSDKK 494k
  2. H & M Hennes & Mauritz A/SDKK 718.7m
  3. Pwt Group A/SDKK 407.4m
Net profit
  1. M.u.d. Trading ApS−DKK 131k
  2. H & M Hennes & Mauritz A/SDKK 106.2m
  3. Pwt Group A/SDKK 112.3m
Equity
  1. M.u.d. Trading ApSDKK 213k
  2. H & M Hennes & Mauritz A/SDKK 299.3m
  3. Pwt Group A/SDKK 283.1m
Employees
  1. M.u.d. Trading ApS3
  2. H & M Hennes & Mauritz A/S2,767
  3. Pwt Group A/S522

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
  • Cvj-holding ApS10%
  • Zeuthen Soci ApS33.33%
  • Kenneth Thomas Olsen50%
M.u.d. Trading ApS

Management

3 active registrations

Executive management

Executive management at M.u.d. Trading ApS
NameRoleAppointed
Kenneth Thomas OlsenDirector20/09/2004

Board of directors

Board of directors at M.u.d. Trading ApS
NameRoleAppointed
Kenneth Thomas OlsenBoard member07/06/2024
Martin Møller JensenChair of the board07/06/2024
Founders
Victor Christoffersen ApS
Former management (7)
Former management at M.u.d. Trading ApS
NameRoleAppointedResigned
Victor ChristoffersenCEO01/01/200419/04/2004
Per LassenDirector19/04/200427/04/2004
Robert Sartorelli de BernardinDirector19/04/200420/09/2004
Lars Ole Bendtzen Wirenfeldt KruseDirector19/04/200420/09/2004
Lasse Søndergaard PedersenDirector20/09/200405/11/2015
Karsten Frost MathiesenChair of the board26/08/201907/06/2024
Anders Vincents JansenBoard member26/08/201907/06/2024

Signing rule: Selskabet tegnes af en direktør i forening med en af de to bestyrelsesmedlemmer eller af den samlede bestyrelse.

Address and production units

1 active production units

Østerbrogade 51B
2100 København Ø

København Municipality · Postcode 2100

Production units
Production unitAddressEmployeesP number
M.U.D. TRADING ApSØsterbrogade 51B, 2100 København Ø31010296265

Purpose

Selskabets formål er at drive industri og handel

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
20256 changesownership 3 · accounts 2 · industry 1
  • Kenneth Thomas Olsen registered as owner (50%)
  • NEBBEGÅRD INVEST A/S is no longer registered as owner
  • Kenneth Thomas Olsen is no longer registered as owner
  • Annual report for 2025 published
  • Annual report for 2024 published
  • Industry changed to Retail sale of clothing (477110)
20249 changesmanagement 4 · ownership 5
  • Kenneth Thomas Olsen appointed board member
  • Martin Møller Jensen appointed chair of the board
  • Karsten Frost Mathiesen stepped down as chair of the board
  • Anders Vincents Jansen stepped down as board member
  • NEBBEGÅRD INVEST A/S registered as owner (10%)
  • NEBBEGÅRD INVEST A/S is no longer registered as owner
  • Kenneth Thomas Olsen registered as owner (33.33%)
  • Zeuthen Soci ApS registered as owner (33.33%)
  • Kenneth Thomas Olsen is no longer registered as owner
20233 changesaccounts 1 · ownership 2
  • Annual report for 2023 published
  • NEBBEGÅRD INVEST A/S registered as owner (50%)
  • Blue Logistics Group A/S is no longer registered as owner
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20194 changesmanagement 2 · ownership 2
  • Karsten Frost Mathiesen appointed chair of the board
  • Anders Vincents Jansen appointed board member
  • CVJ-HOLDING ApS registered as owner (10%)
  • Blue Logistics Group A/S registered as owner (50%)
20152 changesownership 1 · management 1
  • Kenneth Thomas Olsen registered as owner (25%)
  • Lasse Søndergaard Pedersen stepped down as director
20081 changeindustry 1
  • Industry changed to Retail sale of clothing (477110)
20061 changeindustry 1
  • Industry changed to Herretøjsforretninger (524220)
200418 changesname 3 · address 2 · industry 1 · management 10 · capital 1 · founded 1
  • Name changed from FLEXCRUITING ApS to M.U.D. TRADING ApS
  • Moved to Østerbrogade 51B, 2100 København Ø
  • Industry changed to Dametøjsforretninger (524210)
  • Lasse Søndergaard Pedersen appointed director
  • Kenneth Thomas Olsen appointed director
  • Robert Sartorelli de Bernardin stepped down as director
  • Lars Ole Bendtzen Wirenfeldt Kruse stepped down as director
  • Name changed from A. P. MØLLERS ALLÉ 11 ApS to FLEXCRUITING ApS
  • Per Lassen stepped down as director
  • Name changed from VICH 7580 ApS to A. P. MØLLERS ALLÉ 11 ApS
  • Moved to A.P. Møllers Allé 11, 2791 Dragør
  • Share capital changed from 125,000 DKK to 125,100 DKK
  • Per Lassen appointed director
  • Robert Sartorelli de Bernardin appointed director
  • Lars Ole Bendtzen Wirenfeldt Kruse appointed director
  • Victor Christoffersen stepped down as ceo
  • Registered as VICH 7580 ApS
  • Victor Christoffersen appointed ceo

Related companies

Same industry in København

See all →

Same people in management

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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