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Morrow ApS

Private limited companyCVR 39337622KokkedalActive

Morrow ApS is a private limited company, based in Kokkedal, active in financial holding companies, founded in 2018. Equity was negative at the end of 2025 (−DKK 61,236). The company went from a profit in 2024 to a loss of DKK 112k in 2025. Gross profit is higher than that of 82% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 405k−52.6% vs. 2024
Net profit−DKK 112k−210.4% vs. 2024
Equity−DKK 61,236−220.6% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 53% (2024 → 2025), to DKK 405k.
  • Net profit went from a profit of DKK 101k to a loss of DKK 112k (2024 → 2025).
  • Equity turned negative: −DKK 61,236 (2024 → 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 300k−DKK 200k−DKK 100kDKK 0DKK 100kDKK 200kDKK 300kDKK 400k202020212022202320242025
EquityNet profit
Financial figures for Morrow ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4501,098867536854405−52.6%
Operating profit (EBIT)23453116−212106−102−196.7%
Profit before tax23450108−212101−112−210.4%
Net profit1635971−212101−112−210.4%
Total assets132635377203299116−61.1%
Equity31205161−5151−61−220.6%
Liabilities101431216254248178−28.5%
Cash and cash equivalents63457104276952−25.2%
Average number of employees1132220%

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 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1m202020212022202320242025
Gross profitMedian, the industry (191 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 61,236 at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 Morrow ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202519/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202422/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202312/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202021/06/2021The 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
0112208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

191 companies in the database

Comparison with the other companies in financial holding companies based on the latest financial year.

Gross profitDKK 405kNo. 35 of 188
Better than 82% of the companies in the industry
Equity−DKK 61,236No. 185 of 191
Better than 3% of the companies in the industry
Number of employees2No. 25 of 191
Better than 87% of the companies in the industry

Industry median: gross profit −DKK 59,467, net profit DKK 344k, equity DKK 21.3m, 1 employees.

DKK 100kDKK 1.9mDKK 34.5mDKK 642.2mDKK 4.5bnHere
Distribution of gross profit for 56 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. 55,971of 69,742
Better than 20%
No. 61,616of 69,964
Better than 12%
Same industry and fewer than 20 employees189 companies in the comparison
No. 35of 187
Better than 82%
No. 183of 189
Better than 3%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 28,334of 33,579
Better than 16%
No. 29,045of 33,678
Better than 14%
All companies of type ApS66,508 companies in the comparison
No. 53,848of 66,379
Better than 19%
No. 57,950of 66,505
Better than 13%

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

Financial holding companies
Gross profit
  1. Morrow ApSDKK 405k
  2. Newcap Holding A/SDKK 11.9bn
  3. PC Offshore ApSDKK 315.2m
Net profit
  1. Morrow ApS−DKK 112k
  2. Newcap Holding A/SDKK 5bn
  3. PC Offshore ApSDKK 159.8m
Equity
  1. Morrow ApS−DKK 61,236
  2. Newcap Holding A/SDKK 25.7bn
  3. PC Offshore ApSDKK 606.8m
Employees
  1. Morrow ApS2
  2. Newcap Holding A/S4
  3. PC Offshore ApS3

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
  • Kristian Bergqvist100%
Morrow ApS

Management

1 active registrations

Executive management

Executive management at Morrow ApS
NameRoleAppointed
Kristian BergqvistDirector15/02/2018
Founders
Kristian Bergqvist

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Rypevænget 253
2980 Kokkedal

Fredensborg Municipality · Postcode 2980

Production units
Production unitAddressEmployeesP number
Morrow ApSRypevænget 253, 2980 Kokkedal21023351842

Purpose

Selskabets formål er at drive virksomhed inden for online marketing og hermed beslægtede ydelser samt at eje værdipapirer.

The purpose is quoted from the register in Danish.

Changes year by year

11 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
20213 changesaccounts 1 · name 1 · capital 1
  • Annual report for 2020 published
  • Name changed from Morrow IVS to Morrow ApS
  • Share capital changed from 6,000 DKK to 40,000 DKK
20183 changesfounded 1 · management 1 · ownership 1
  • Registered as Morrow IVS
  • Kristian Bergqvist appointed director
  • Kristian Bergqvist registered as owner (100%)

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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