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Mash 16 ApS

Private limited companyCVR 38172743Frederiksberg CActive

Mash 16 ApS is a private limited company, based in Frederiksberg C, active in retail sale of clothing, founded in 2016. Net profit fell 41% from 2024 to 2025, ending at DKK 887k. Operations are spread over 11 production units in 11 towns. With 79 employees, the company is about 26 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 15.1m−4.2% vs. 2024
Net profitDKK 887k−41.1% vs. 2024
EquityDKK 4.5m+24.3% vs. 2024
Employees79latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 4% (2024 → 2025), to DKK 15.1m.
  • Net profit fell 41% (2024 → 2025), to DKK 887k.
  • Equity rose 24% (2024 → 2025), to DKK 4.5m.

Employees

  • 13 more employees than a year earlier: 79 (07/2026) against 66 (07/2025).

Management and owners, last 24 months

  • New in management: Michael Hvornum (ceo, 06/01/2026).
  • Stepped down: Steen Vedel Hvid (ceo, 06/01/2026).
  • New owners registered: Michael Hvornum (01/07/2025).
  • No longer registered as owner: Steen Vedel Hvid (01/07/2025).

Registrations, last 24 months

  • 04/03/2026: Moved to Gammel Kongevej 105, 1850 Frederiksberg C
  • 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 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Mash 16 ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,5849,5989,4149,61815,73315,073−4.2%
Operating profit (EBIT)−2,6761,959−3,4973931,8881,193−36.8%
Profit before tax−2,7311,864−3,628−331,5051,051−30.1%
Net profit−2,6971,864−3,628−331,505887−41.1%
Total assets15,78518,98018,26417,90817,72020,076+13.3%
Equity3,9435,8072,1792,1473,6524,539+24.3%
Liabilities11,84213,17316,08515,76214,06814,900+5.9%
Cash and cash equivalents665124237456731,640+143.6%
Average number of employees312336263736−2.7%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202020212022202320242025
Gross profitMedian, the industry (937 companies)

Annual reports

6 financial years
Annual reports for Mash 16 ApS
Financial yearPeriodPublishedFigures forDocuments
202501/05/2024 – 30/04/202501/12/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202403/12/2024The companyPDF not statedXBRL
202301/05/2022 – 30/04/202330/11/2023The companyPDF not statedXBRL
202201/05/2021 – 30/04/202231/10/2022The companyPDF not statedXBRL
202101/05/2020 – 30/04/202114/10/2021The companyPDF not statedXBRL
202001/05/2019 – 30/04/202020/01/2021The companyPDF 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 CVR
02040608008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 15.1mNo. 45 of 936
Better than 95% of the companies in the industry
EquityDKK 4.5mNo. 135 of 937
Better than 86% of the companies in the industry
Number of employees79No. 30 of 937
Better than 97% 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 50–199 employees4,467 companies in the comparison
No. 3,490of 4,412
Better than 21%
No. 3,396of 4,466
Better than 24%
Same industry and 50–199 employees28 companies in the comparison
No. 23of 28
Better than 19%
No. 24of 28
Better than 15%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,818of 33,588
Better than 92%
No. 6,509of 33,687
Better than 81%
All companies of type ApS66,508 companies in the comparison
No. 3,613of 66,379
Better than 95%
No. 12,034of 66,505
Better than 82%

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. Mash 16 ApSDKK 15.1m
  2. H & M Hennes & Mauritz A/SDKK 718.7m
  3. Pwt Group A/SDKK 407.4m
Net profit
  1. Mash 16 ApSDKK 887k
  2. H & M Hennes & Mauritz A/SDKK 106.2m
  3. Pwt Group A/SDKK 112.3m
Equity
  1. Mash 16 ApSDKK 4.5m
  2. H & M Hennes & Mauritz A/SDKK 299.3m
  3. Pwt Group A/SDKK 283.1m
Employees
  1. Mash 16 ApS79
  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
  • Thomas Nyegaard Hvid20%
  • Michael Hvornum66.67%
Mash 16 ApS

Management

1 active registrations

Executive management

Executive management at Mash 16 ApS
NameRoleAppointed
Michael HvornumCEO06/01/2026
Founders
Steen Vedel Hvid
Former management (1)
Former management at Mash 16 ApS
NameRoleAppointedResigned
Steen Vedel HvidCEO10/11/201606/01/2026

Signing rule: Selskabet tegnes af en direktør alene.

Address and production units

11 active production units

Gammel Kongevej 105
1850 Frederiksberg C

Frederiksberg Municipality · Postcode 1850

Production units
Production unitAddressEmployeesP number
boii studiosKronprinsensgade 5, 1114 København K201026437497
boii studiosSøndergade 24, st, 8000 Aarhus C121029364075
boii studiosNørrebrogade 14, 2200 København N111026437578
boii studiosVestergade 40, 5000 Odense C91029364067
MASH 16 ApSKlintevangen 1, Nakkehoved, 3250 Gilleleje51021914645
boii studiosVesterbrogade 73, 1620 København V51026437551
boii studiosAlgade 27, st, 9000 Aalborg51027560721
boii studiosØsterbrogade 62, 2100 København Ø31026437462
boii studiosAmagerbrogade 46, st, 2300 København S21026437608
boii studiosGammel Kongevej 105, st. tv, 1850 Frederiksberg C11026872290
boii studiusRoholmsvej 8, 2620 Albertslund11031814908

Purpose

Selskabets formål er at drive virksomhed med handel, samt enhver i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

19 registered events
20263 changesaddress 1 · management 2
  • Moved to Gammel Kongevej 105, 1850 Frederiksberg C
  • Michael Hvornum appointed ceo
  • Steen Vedel Hvid stepped down as ceo
20254 changesaccounts 1 · ownership 2 · industry 1
  • Annual report for 2025 published
  • Michael Hvornum registered as owner (66.67%)
  • Steen Vedel Hvid is no longer registered as owner
  • Industry changed to Retail sale of clothing (477110)
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20212 changesaccounts 2
  • Annual report for 2021 published
  • Annual report for 2020 published
20192 changesname 1 · capital 1
  • Name changed from MASH 16 IVS to MASH 16 ApS
  • Share capital changed from 1 DKK to 40,000 DKK
20171 changeaddress 1
  • Moved to Klintevangen 1, Nakkehoved, 3250 Gilleleje
20164 changesfounded 1 · management 1 · ownership 2
  • Registered as MASH 16 IVS
  • Steen Vedel Hvid appointed ceo
  • Steen Vedel Hvid registered as owner (100%)
  • Thomas Nyegaard Hvid registered as owner (20%)

Related companies

Same industry in Frederiksberg

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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