Michael Olesen, 904 Horsens ApS
Private limited companyCVR 41563508HorsensActive
Michael Olesen, 904 Horsens ApS is a private limited company, based in Horsens, active in retail sale of groceries in discount supermarkets, founded in 2020. The company went from a profit in 2024 to a loss of DKK 4,846 in 2025. With 41 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 331k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 4% (2024 → 2025), to DKK 2.8m.
- Net profit went from a profit of DKK 10,864 to a loss of DKK 4,846 (2024 → 2025).
- Equity fell 30% (2024 → 2025), to DKK 331k.
Employees
- 4 fewer employees than a year earlier: 41 (07/2026) against 45 (07/2025).
Registrations, last 24 months
- 10/09/2025: Moved to Krudthusvej 2, 8700 Horsens
- 10/09/2025: Name changed from Michael Olesen, 949 Billund ApS to Michael Olesen, 904 Horsens ApS
- 01/01/2025: Industry changed to Retail sale of groceries in discount supermarkets (471130)
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 2,963 | 2,621 | 2,687 | 2,720 | 2,823 | +3.8% |
| Operating profit (EBIT) | 314 | 271 | 131 | 96 | 175 | +82.3% |
| Profit before tax | 223 | 183 | 51 | 14 | 1 | −89.4% |
| Net profit | 173 | 143 | 35 | 11 | −5 | −144.6% |
| Total assets | 2,928 | 3,738 | 3,451 | 4,050 | 4,771 | +17.8% |
| Equity | 473 | 545 | 521 | 471 | 331 | −29.7% |
| Liabilities | – | – | – | – | 4,424 | – |
| Cash and cash equivalents | 370 | 1,012 | 716 | 1,352 | 1,214 | −10.2% |
| Average number of employees | 5 | 5 | 5 | 5 | 4 | −20% |
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: 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
Signals from the financial statements
calculated from the 2025 figuresLow equity ratio
Equity makes up 7% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 23/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 19/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 12/04/2023 | The company | PDFXBRL |
| 2021 | 03/08/2020 – 31/12/2021 | 28/04/2022 | 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
442 companies in the databaseComparison with the other companies in retail sale of groceries in discount supermarkets based on the latest financial year.
Industry median: gross profit DKK 4.3m, net profit DKK 336k, equity DKK 872k, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 8,824of 9,892 Better than 11% | No. 8,485of 9,922 Better than 14% |
| Same industry and 20–49 employees324 companies in the comparison | No. 281of 324 Better than 13% | No. 280of 324 Better than 14% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 13,664of 33,588 Better than 59% | No. 22,021of 33,687 Better than 35% |
| All companies of type ApS66,508 companies in the comparison | No. 23,496of 66,379 Better than 65% | No. 42,328of 66,505 Better than 36% |
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 groceries in discount supermarkets- Michael Olesen, 904 Horsens ApSDKK 2.8m
- 365discount A/SDKK 668.3m
- Dennis Holm, 413 Ørestad Syd ApSDKK 15m
- Michael Olesen, 904 Horsens ApS−DKK 4,846
- 365discount A/S−DKK 249.9m
- Dennis Holm, 413 Ørestad Syd ApSDKK 2.9m
- Michael Olesen, 904 Horsens ApSDKK 331k
- 365discount A/SDKK 667.6m
- Dennis Holm, 413 Ørestad Syd ApSDKK 186k
- Michael Olesen, 904 Horsens ApS41
- 365discount A/S9,108
- Dennis Holm, 413 Ørestad Syd ApS74
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Michael Kjerkegaard Olesen100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Kjerkegaard Olesen | Director | 19/08/2020 |
- Founders
- Rema Danmark Butik ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Torben Lennart Sørensen | Director | 03/08/2020 | 19/08/2020 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsKrudthusvej 2
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Michael Olesen, 904 Horsens ApS | Krudthusvej 2, 8700 Horsens | 40 | 1026092953 |
Purpose
Selskabets formål er at drive detailhandel som franchisetager af en REMA 1000 butik med REMA 1000 Danmark A/S som franchisegiver.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20254 changesname 1 · address 1 · accounts 1 · industry 1
- NameName changed from Michael Olesen, 949 Billund ApS to Michael Olesen, 904 Horsens ApS
- AddressMoved to Krudthusvej 2, 8700 Horsens
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of groceries in discount supermarkets (471130)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20209 changesname 1 · address 1 · management 3 · ownership 3 · founded 1
- NameName changed from REMA 2 ApS to Michael Olesen, 949 Billund ApS
- AddressMoved to Vejlevej 6, 7190 Billund
- ManagementMichael Kjerkegaard Olesen appointed director
- ManagementTorben Lennart Sørensen stepped down as director
- OwnershipMichael Kjerkegaard Olesen registered as owner (100%)
- OwnershipREMA DANMARK BUTIK ApS is no longer registered as owner
- FoundedRegistered as REMA 2 ApS
- ManagementTorben Lennart Sørensen appointed director
- OwnershipREMA DANMARK BUTIK ApS registered as owner (100%)
Related companies
Same industry in Horsens
- Christian Henriksen, 864 Torsted ApS59 employees
- Lars Lauritsen, 874 Bjerrevej ApS54 employees
- Sara Søndergaard, 446 Nr. Bjert ApS53 employees
- FLEMMING MADSEN, 931 Bygholm ApS47 employees
- REMA 1000, 478 Brøndby ApS46 employees
- Andreas Cederlöv, 709 Sundvej ApS45 employees
Same people in management
- Jacobsens Bakery Ltd A/Svia Torben Lennart Sørensen
- Mikkel Holdt, 997 Valby ApSvia Torben Lennart Sørensen
- Niclas Just, 851 Rosenørnsallé ApSvia Torben Lennart Sørensen
- Kasper Hvass, 402 Risskov ApSvia Torben Lennart Sørensen
- Jesper Nielsen, 440 Helsingør ApSvia Torben Lennart Sørensen
- Christian De Castro, 984 Kvistgård ApSvia Torben Lennart Sørensen
Largest in the industry
- 365discount A/SDKK 668.3m
- Dennis Holm, 413 Ørestad Syd ApSDKK 15m
- Kenneth Holde, 443 Virum ApSDKK 13.9m
- Tania Klæbel, 917 Fårevejle ApSDKK 12.8m
- Frederik Obelitz, 936 Kokkedal ApSDKK 10.8m
- Christian De Castro, 984 Kvistgård ApSDKK 10.7m
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.