MSB Biler ApS
Private limited companyCVR 31884934HorsensActive
MSB Biler ApS is a private limited company, based in Horsens, active in retail sale of motor vehicles, founded in 2008. Net profit rose 170% from 2024 to 2025, ending at DKK 282k. Profit has grown three years in a row. Equity grew to DKK 538k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 154% (2024 → 2025), to DKK 610k.
- Net profit rose 170% (2024 → 2025), to DKK 282k.
- Equity rose 110% (2024 → 2025), to DKK 538k.
Employees
- 2 more employees than a year earlier: 3 (08/2026) against 1 (08/2025).
Registrations, last 24 months
- 15/09/2025: Name changed from TM BUK ApS to MSB Biler ApS
- 01/01/2025: Industry changed to Retail sale of motor vehicles (478100)
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 | 33 | 198 | 178 | 120 | 240 | 610 | +153.9% |
| Operating profit (EBIT) | 28 | 188 | 177 | 113 | 147 | 370 | +152.4% |
| Profit before tax | −17 | 142 | 152 | 87 | 134 | 363 | +170.4% |
| Net profit | −13 | 111 | 111 | 68 | 104 | 282 | +169.9% |
| Total assets | 950 | 1,089 | 1,133 | 1,192 | 639 | 1,370 | +114.3% |
| Equity | −138 | −27 | 84 | 152 | 256 | 538 | +110.1% |
| Liabilities | 1,088 | 1,116 | 1,049 | 1,041 | 383 | 826 | +115.5% |
| Cash and cash equivalents | 632 | 784 | 831 | 1,070 | 401 | 787 | +96.3% |
| Average number of employees | – | – | – | 1 | 1 | 1 | 0% |
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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 05/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 16/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 04/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 01/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 17/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 24/03/2021 | 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
862 companies in the databaseComparison with the other companies in retail sale of motor vehicles based on the latest financial year.
Industry median: gross profit DKK 3.4m, net profit DKK 425k, equity DKK 3.7m, 4 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. 52,196of 69,742 Better than 25% | No. 41,308of 69,964 Better than 41% |
| Same industry and fewer than 20 employees657 companies in the comparison | No. 528of 657 Better than 20% | No. 510of 657 Better than 22% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 20,437of 24,791 Better than 18% | No. 20,307of 24,909 Better than 18% |
| All companies of type ApS66,508 companies in the comparison | No. 50,225of 66,379 Better than 24% | No. 37,216of 66,505 Better than 44% |
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 motor vehicles- MSB Biler ApSDKK 610k
- Ejner Hessel A/SDKK 1.3bn
- Semler Mobility Retail A/SDKK 961.5m
- MSB Biler ApSDKK 282k
- Ejner Hessel A/SDKK 168.7m
- Semler Mobility Retail A/SDKK 50.9m
- MSB Biler ApSDKK 538k
- Ejner Hessel A/SDKK 1.2bn
- Semler Mobility Retail A/SDKK 167.2m
- MSB Biler ApS3
- Ejner Hessel A/S1,866
- Semler Mobility Retail A/S1,617
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- T. Buk Holding, Horsens ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thomas Møller Buk | Director | 16/12/2008 |
- Founders
- Thomas Møller Buk
Signing rule: Selskabet tegnes af en direktør.
Address and production units
2 active production unitsOpalvej 12
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| MSB Biler ApS | Opalvej 12, 8700 Horsens | 1 | 1014946094 |
| msb-biler | Grønlandsvej 11P, 8700 Horsens | – | 1031743660 |
Purpose
Selskabets formål er at drive handelsvirksomhed, herunder handel med biler og dermed efter direktionens skøn beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
19 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20253 changesname 1 · accounts 1 · industry 1
- NameName changed from TM BUK ApS to MSB Biler ApS
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of motor vehicles (478100)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaddress 1 · accounts 1
- AddressMoved to Opalvej 12, 8700 Horsens
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20161 changeaddress 1
- AddressMoved to Opalvej 12, 8700 Horsens
20152 changesaddress 1 · industry 1
- AddressMoved to Pøt Strandby 34, Østrup, 7130 Juelsminde
- IndustryIndustry changed to Detailhandel med personbiler, varebiler og minibusser (451120)
20141 changeaddress 1
- AddressMoved to Bygaden 34, 7130 Juelsminde
20131 changename 1
- NameName changed from HORSENS AUTOOPRETNING ApS to TM BUK ApS
20121 changename 1
- NameName changed from OSCAR MADSEN AUTOOPRETNING ApS to HORSENS AUTOOPRETNING ApS
20111 changeownership 1
- OwnershipT. BUK HOLDING, HORSENS ApS registered as owner (100%)
20091 changeindustry 1
- IndustryIndustry changed to Karosseriværksteder og autolakererier (452020)
20082 changesfounded 1 · management 1
- FoundedRegistered as OSCAR MADSEN AUTOOPRETNING ApS
- ManagementThomas Møller Buk appointed director
Related companies
Same industry in Horsens
- Autohuset Vestergaard A/S251 employees
- Kring & Nielsen ApS39 employees
- Caripo Biler A/S26 employees
- Raf Motors A/S25 employees
- Poulsen Trucks & Trailers ApS12 employees
- Dancamper A/S10 employees
Largest in the industry
- Ejner Hessel A/SDKK 1.3bn
- Semler Mobility Retail A/SDKK 961.5m
- Autohuset Vestergaard A/S PersonvogneDKK 373.3m
- Nielsen Car Group A/SDKK 319.7m
- P. Christensen A/SDKK 289.3m
- Auto-Centralen A/SDKK 272.3m
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.