MH Sports Gear ApS
Private limited companyCVR 36699191ThemActive
MH Sports Gear ApS is a private limited company, based in Them, active in wholesale of bicycles, sports goods and pleasure boats, founded in 2015. Net profit rose 80% from 2024 to 2025, ending at DKK 1.1m. Equity grew to DKK 2m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 40% (2024 → 2025), to DKK 4.1m.
- Net profit rose 80% (2024 → 2025), to DKK 1.1m.
- Equity rose 123% (2024 → 2025), to DKK 2m.
Employees
- 1 fewer employees than a year earlier: 8 (07/2026) against 9 (07/2025).
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 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 | 2,622 | 2,105 | 1,772 | 1,883 | 2,953 | 4,122 | +39.6% |
| Operating profit (EBIT) | 1,778 | 846 | 159 | 91 | 907 | 1,606 | +77% |
| Profit before tax | 1,751 | 794 | 10 | −46 | 818 | 1,472 | +80.1% |
| Net profit | 1,364 | 616 | 7 | −37 | 637 | 1,147 | +79.9% |
| Total assets | 4,582 | 4,738 | 4,663 | 4,461 | 5,439 | 7,078 | +30.1% |
| Equity | 2,057 | 873 | 280 | 243 | 880 | 1,964 | +123.2% |
| Liabilities | 2,506 | 3,859 | 4,383 | 4,218 | 4,559 | 5,114 | +12.2% |
| Cash and cash equivalents | 1,685 | 650 | 0 | 544 | 469 | 1,398 | +198.3% |
| Average number of employees | 2 | 3 | 3 | 4 | 4 | 5 | +25% |
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 | 17/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 01/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 16/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 06/05/2021 | 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
140 companies in the databaseComparison with the other companies in wholesale of bicycles, sports goods and pleasure boats based on the latest financial year.
Industry median: gross profit DKK 3.8m, net profit DKK 329k, equity DKK 3.3m, 5 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. 16,609of 69,742 Better than 76% | No. 24,576of 69,964 Better than 65% |
| Same industry and fewer than 20 employees114 companies in the comparison | No. 44of 114 Better than 62% | No. 63of 114 Better than 45% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 10,190of 33,588 Better than 70% | No. 10,939of 33,687 Better than 68% |
| All companies of type ApS66,508 companies in the comparison | No. 16,698of 66,379 Better than 75% | No. 20,700of 66,505 Better than 69% |
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 bicycles, sports goods and pleasure boats- MH Sports Gear ApSDKK 4.1m
- Oase Outdoors ApSDKK 103.6m
- Fairpoint Outdoors A/SDKK 98.8m
- MH Sports Gear ApSDKK 1.1m
- Oase Outdoors ApSDKK 18.5m
- Fairpoint Outdoors A/SDKK 13.4m
- MH Sports Gear ApSDKK 2m
- Oase Outdoors ApSDKK 46.7m
- Fairpoint Outdoors A/SDKK 47.3m
- MH Sports Gear ApS8
- Oase Outdoors ApS75
- Fairpoint Outdoors A/S76
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- MM International ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mike Høgfeldt | Director | 26/03/2015 |
- Founders
- Mike Høgfeldt
Signing rule: Virksomheden tegnes af en direktør alene.
Address and production units
1 active production unitsKnudlundvej 24
8653 Them
| Production unit | Address | Employees | P number |
|---|---|---|---|
| MH Sports Gear ApS | Knudlundvej 24, 8653 Them | 12 | 1020275886 |
Purpose
Virksomhedens formål er salg af sports matrialer, stativer, maskiner samt andet sports udstyr.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaddress 1 · accounts 1
- AddressMoved to Knudlundvej 24, 8653 Them
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20201 changeaddress 1
- AddressMoved to Poul Larsens Vej 22, 8600 Silkeborg
20181 changeaddress 1
- AddressMoved to Silkeborgvej 1A, 8653 Them
20175 changesownership 2 · name 1 · capital 1 · address 1
- OwnershipMM International ApS registered as owner (100%)
- OwnershipMike Høgfeldt is no longer registered as owner
- NameName changed from MH Sports Gear IVS to MH Sports Gear ApS
- CapitalShare capital changed from 1,000 DKK to 50,000 DKK
- AddressMoved to Silkeborgvej 1A, 8653 Them
20153 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as MH Sports Gear IVS
- ManagementMike Høgfeldt appointed director
- OwnershipMike Høgfeldt registered as owner (100%)
Related companies
Same industry in Silkeborg
- Bluebay Marine A/S31 employees
- Nordisk Company A/S24 employees
- LD Import ApS2 employees
Largest in the industry
- Oase Outdoors ApSDKK 103.6m
- Fairpoint Outdoors A/SDKK 98.8m
- Select Sport A/SDKK 75.7m
- Outfit International A/SDKK 67.8m
- Abus Nordic A/SDKK 51.6m
- Svendsen Sport A/SDKK 50.7m
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.