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Michlar ApS

Private limited companyCVR 26995485ØlstykkeActive

Michlar ApS is a private limited company, based in Ølstykke, active in wholesale of metals and metal ores, founded in 2004. Net profit rose 10% from 2024 to 2025, ending at DKK 2.6m. Equity fell to DKK 6m in 2025.

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Key figures · financial year 2025

Gross profitDKK 6.1m+6.3% vs. 2024
Net profitDKK 2.6m+10.4% vs. 2024
EquityDKK 6m−18.5% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 6% (2024 → 2025), to DKK 6.1m.
  • Net profit rose 10% (2024 → 2025), to DKK 2.6m.
  • Equity fell 19% (2024 → 2025), to DKK 6m.

Employees

  • 1 fewer employees than a year earlier: 4 (08/2026) against 5 (08/2025).

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 thousand

Equity and net profit

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
EquityNet profit
Financial figures for Michlar ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,6964,6654,4845,7395,7636,128+6.3%
Operating profit (EBIT)–2,4291,9783,2113,0703,405+10.9%
Profit before tax2,3582,4011,9503,2103,0613,376+10.3%
Net profit1,8371,8671,5182,5022,3792,626+10.4%
Total assets7,4088,3279,1069,9449,7848,588−12.2%
Equity5,0535,4205,3387,2407,4196,045−18.5%
Liabilities2,3552,8873,7422,6792,3332,513+7.7%
Cash and cash equivalents1,9101,2411,1603,1512,6401,454−44.9%
Average number of employees5445550%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (66 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

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 Michlar ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202322/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202212/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202019/03/2021The 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
01234509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

66 companies in the database

Comparison with the other companies in wholesale of metals and metal ores based on the latest financial year.

Gross profitDKK 6.1mNo. 31 of 64
Better than 52% of the companies in the industry
EquityDKK 6mNo. 35 of 66
Better than 48% of the companies in the industry
Number of employees4No. 37 of 66
Better than 45% of the companies in the industry

Industry median: gross profit DKK 5.7m, net profit DKK 1.6m, equity DKK 6.7m, 7 employees.

DKK 449kDKK 3.1mDKK 21.1mDKK 144.4mDKK 520.9mHere
Distribution of gross profit for 64 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. 10,406of 69,742
Better than 85%
No. 12,543of 69,964
Better than 82%
Same industry and fewer than 20 employees53 companies in the comparison
No. 20of 53
Better than 63%
No. 22of 53
Better than 60%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 8,521of 24,791
Better than 66%
No. 8,825of 24,909
Better than 65%
All companies of type ApS66,508 companies in the comparison
No. 11,087of 66,379
Better than 83%
No. 9,841of 66,505
Better than 85%

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 metals and metal ores
Gross profit
  1. Michlar ApSDKK 6.1m
  2. Lemvigh-müller A/SDKK 989.2m
  3. Dacapo Stainless A/SDKK 173.5m
Net profit
  1. Michlar ApSDKK 2.6m
  2. Lemvigh-müller A/SDKK 84.7m
  3. Dacapo Stainless A/SDKK 32m
Equity
  1. Michlar ApSDKK 6m
  2. Lemvigh-müller A/SDKK 1.3bn
  3. Dacapo Stainless A/SDKK 304.8m
Employees
  1. Michlar ApS4
  2. Lemvigh-müller A/S1,322
  3. Dacapo Stainless A/S91

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
  • Michael Fruergaard Holding ApS50%
  • Ketelsen Holding ApS50%
Michlar ApS

Management

2 active registrations

Executive management

Executive management at Michlar ApS
NameRoleAppointed
Lars KetelsenDirector02/01/2004
Michael FruergaardDirector02/01/2004
Founders
Lars Ketelsen, Michael Fruergaard

Signing rule: Selskabet tegnes af direktørerne i forening

Address and production units

1 active production units

Lyshøjvej 17
3650 Ølstykke

Egedal Municipality · Postcode 3650

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
MICHLAR ApSLyshøjvej 17, 3650 Ølstykke41010294564

Purpose

Selskabets formål er import og eksport samt salg af stål artikler og af elartikler og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

14 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20092 changesownership 2
  • MICHAEL FRUERGAARD HOLDING ApS registered as owner (50%)
  • KETELSEN HOLDING ApS registered as owner (50%)
20081 changeindustry 1
  • Industry changed to Wholesale of motor vehicle parts and accessories (467200)
20071 changeaddress 1
  • Moved to Lyshøjvej 17, 3650 Ølstykke
20051 changeaddress 1
  • Moved to Lyshøjvej 17, 3650 Ølstykke
20043 changesfounded 1 · management 2
  • Registered as MICHLAR ApS
  • Lars Ketelsen appointed director
  • Michael Fruergaard appointed director

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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.

View in CVRReport a correction