Midgaard Event ApS
Private limited companyCVR 10105455København ØActive
Midgaard Event ApS is a private limited company, based in København Ø, active in other amusement and recreation activities, founded in 2003. The company made a loss in both 2024 and 2025, most recently DKK 1.1m. With 29 employees, the company is about 10 times larger than the industry median. Gross profit is higher than that of 78% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 6% (2024 → 2025), to DKK 4.7m.
- The loss got smaller: from DKK 1.4m to DKK 1.1m (2024 → 2025).
- Equity turned positive again: DKK 144k (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 29 (08/2026) against 30 (08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Other amusement and recreation activities (932990)
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 | 2,479 | 4,518 | 7,375 | 6,930 | 4,415 | 4,665 | +5.7% |
| Operating profit (EBIT) | −1,468 | 1,116 | 1,180 | 857 | −1,806 | −1,145 | +36.6% |
| Profit before tax | −1,499 | 983 | 1,196 | 916 | −1,792 | −1,224 | +31.7% |
| Net profit | −1,499 | 983 | 939 | 713 | −1,389 | −1,144 | +17.7% |
| Total assets | 1,070 | 3,095 | 3,132 | 3,610 | 1,691 | 1,553 | −8.2% |
| Equity | −1,253 | −270 | 669 | 1,382 | −1,007 | 144 | +114.3% |
| Liabilities | 2,323 | 3,365 | 2,449 | 2,228 | 2,698 | 1,409 | −47.8% |
| Cash and cash equivalents | 47 | 2,186 | 1,196 | 581 | 259 | 339 | +30.6% |
| Average number of employees | 9 | 10 | 9 | 8 | 9 | 8 | −11.1% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Low equity ratio
Equity makes up 9% 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
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 27/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 06/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 14/06/2021 | 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
147 companies in the databaseComparison with the other companies in other amusement and recreation activities based on the latest financial year.
Industry median: gross profit DKK 1.4m, net profit DKK 147k, equity DKK 603k, 3 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. 7,850of 9,892 Better than 21% | No. 8,777of 9,922 Better than 12% |
| Same industry and 20–49 employees34 companies in the comparison | No. 23of 34 Better than 33% | No. 26of 34 Better than 24% |
| Companies that are between 15 and 29 years old24,906 companies in the comparison | No. 10,180of 24,787 Better than 59% | No. 22,561of 24,905 Better than 9% |
| All companies of type ApS66,508 companies in the comparison | No. 14,804of 66,379 Better than 78% | No. 48,928of 66,505 Better than 26% |
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
Other amusement and recreation activities- Midgaard Event ApSDKK 4.7m
- Sportstiming ApSDKK 22.3m
- Maximum Aalborg ApSDKK 20.5m
- Midgaard Event ApS−DKK 1.1m
- Sportstiming ApSDKK 11.5m
- Maximum Aalborg ApSDKK 4.6m
- Midgaard Event ApSDKK 144k
- Sportstiming ApSDKK 7.9m
- Maximum Aalborg ApSDKK 16.9m
- Midgaard Event ApS29
- Sportstiming ApS21
- Maximum Aalborg ApS96
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- K Worm Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kristian Belling Worm | Director | 20/02/2003 |
- Founders
- Anpartsselskabet Stakemann
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Madsen | CEO | 01/01/2003 | 20/02/2003 |
Signing rule: Selskabet tegnes af direktionen
Address and production units
1 active production unitsAldersrogade 6A
2100 København Ø
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ESCAPE ROOM by Midgaard Event | Aldersrogade 6A, st, 2100 København Ø | 29 | 1009641137 |
Purpose
1.3 Selskabets formål er at drive escape room, event- og teambuildingvirksomhed samt konsulent, handel, industri samt investerings- og finansieringsvirksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
20 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Other amusement and recreation activities (932990)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20201 changeindustry 1
- IndustryIndustry changed to Other amusement and recreation activities (932990)
20191 changeindustry 1
- IndustryIndustry changed to Other business support service activities n.e.c. (829900)
20161 changeaddress 1
- AddressMoved to Aldersrogade 6A, st, 2100 København Ø
20081 changeindustry 1
- IndustryIndustry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
20042 changesownership 1 · address 1
- OwnershipK WORM HOLDING ApS registered as owner (100%)
- AddressMoved to Mågevej 15, st. tv, 2400 København NV
20037 changesaddress 2 · name 1 · management 3 · founded 1
- AddressMoved to Harsdorffsvej 1B, 3. th, 1874 Frederiksberg C
- NameName changed from ApS KBUS 38 NR. 5276 to MIDGAARD EVENT ApS
- AddressMoved to Hørdumsgade 81, 1. mf, 2450 København SV
- ManagementKristian Belling Worm appointed director
- ManagementKim Madsen stepped down as ceo
- FoundedRegistered as ApS KBUS 38 NR. 5276
- ManagementKim Madsen appointed ceo
Related companies
Same industry in København
- CopenHill A/S44 employees
- JumpYard Danmark ApS32 employees
- Mystery Makers ApS21 employees
- Manova A/S15 employees
- Bryggens Kajakpolo ApS12 employees
- Bad Boys Airsoft ApS10 employees
Same people in management
- Tryg Forsikring A/Svia Kim Madsen
- Atea A/Svia Kim Madsen
- itm8 A/Svia Kim Madsen
- Nomeco A/Svia Kim Madsen
- Randstad A/Svia Kim Madsen
- JN Data A/Svia Kim Madsen
Largest in the industry
- Sportstiming ApSDKK 22.3m
- Maximum Aalborg ApSDKK 20.5m
- Bowl'n'fun ApSDKK 18.5m
- Hobro IK A/SDKK 16.6m
- Holbæk Sportsby A/SDKK 14.8m
- Randers Leisure Center A/SDKK 14.4m
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.