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Munkedal ApS

Private limited companyCVR 81615810Odense SVActive

Munkedal ApS is a private limited company, based in Odense SV, active in sports and recreation education, founded in 1976. Net profit rose 544% from 2024 to 2025, ending at DKK 2m. Measured by gross profit, it ranks no. 7 of 98 companies in the industry in the database. Equity grew to DKK 7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 4.9m+79.6% vs. 2024
Net profitDKK 2m+543.8% vs. 2024
EquityDKK 7m+39% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 80% (2024 → 2025), to DKK 4.9m.
  • Net profit rose 544% (2024 → 2025), to DKK 2m.
  • Equity rose 39% (2024 → 2025), to DKK 7m.

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for Munkedal ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,5261,5624,7093,3522,7154,876+79.6%
Operating profit (EBIT)344−1,1632,5201,2915572,613+369.3%
Profit before tax148−1,4002,2771,1114022,530+529.2%
Net profit115−1,0931,7728673071,974+543.8%
Total assets9,2229,1589,91911,7498,5408,166−4.4%
Equity3,2062,1133,8854,7525,0587,032+39%
Liabilities5,9206,9875,9866,9063,3651,022−69.6%
Cash and cash equivalents4993431,9623,4521,423849−40.3%
Average number of employees554445+25%

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 5m202020212022202320242025
Gross profitMedian, the industry (98 companies)

Annual reports

6 financial years
Annual reports for Munkedal ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202309/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202107/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/06/2021The 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
012345608/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

98 companies in the database

Comparison with the other companies in sports and recreation education based on the latest financial year.

Gross profitDKK 4.9mNo. 7 of 98
Better than 94% of the companies in the industry
EquityDKK 7mNo. 3 of 98
Better than 98% of the companies in the industry
Number of employees5No. 17 of 98
Better than 84% of the companies in the industry

Industry median: gross profit DKK 859k, net profit DKK 51,965, equity DKK 181k, 2 employees.

DKK 100kDKK 397kDKK 1.6mDKK 6.2mDKK 15.6mHere
Distribution of gross profit for 92 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. 13,784of 69,742
Better than 80%
No. 11,437of 69,964
Better than 84%
Same industry and fewer than 20 employees90 companies in the comparison
No. 5of 90
Better than 96%
No. 2of 90
Better than 99%
Companies that are at least 30 years old10,276 companies in the comparison
No. 5,693of 10,152
Better than 44%
No. 5,507of 10,275
Better than 46%
All companies of type ApS66,508 companies in the comparison
No. 14,129of 66,379
Better than 79%
No. 8,856of 66,505
Better than 87%

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

Sports and recreation education
Gross profit
  1. Munkedal ApSDKK 4.9m
  2. Boulders ApSDKK 24.7m
  3. Borkfitness ApSDKK 10.1m
Net profit
  1. Munkedal ApSDKK 2m
  2. Boulders ApSDKK 855k
  3. Borkfitness ApSDKK 685k
Equity
  1. Munkedal ApSDKK 7m
  2. Boulders ApSDKK 13.8m
  3. Borkfitness ApSDKK 1.6m
Employees
  1. Munkedal ApS5
  2. Boulders ApS180
  3. Borkfitness ApS17

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
  • Munkedal Holding ApS100%
Munkedal ApS

Management

1 active registrations

Executive management

Executive management at Munkedal ApS
NameRoleAppointed
Klaus Svend MunkedalDirector28/12/1976
Former management (2)
Former management at Munkedal ApS
NameRoleAppointedResigned
Michael Liocouras NielsenDirector28/12/197627/12/1990
Bendy Gunnar PedersenDirector28/12/197611/01/1988

Signing rule: Selskabet tegnes af den samlede direktion

Address and production units

1 active production units

Væddeløbsvej 94
5250 Odense SV

Odense Municipality · Postcode 5250

Production units
Production unitAddressEmployeesP number
MUNKEDAL APSKastanievej 16, 5620 Glamsbjerg61002626410

Purpose

Selskabets formål er at erhverve og drive rideskole samt handel med heste og udstyr og dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

19 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
20081 changeindustry 1
  • Industry changed to Sports and recreation education (855100)
20011 changeownership 1
  • MUNKEDAL HOLDING ApS registered as owner (100%)
19941 changecapital 1
  • Share capital changed from 150,000 DKK to 200,000 DKK
19902 changesname 1 · management 1
  • Name changed from HIPPODAN ApS to MUNKEDAL ApS
  • Michael Liocouras Nielsen stepped down as director
19884 changescapital 2 · name 1 · management 1
  • Share capital changed from 100,000 DKK to 150,000 DKK
  • Name changed from FINANSIERINGSSELSKABET AF 28. DEC. 1976, ODENSE ApS to HIPPODAN ApS
  • Share capital changed from 30,000 DKK to 100,000 DKK
  • Bendy Gunnar Pedersen stepped down as director
19764 changesfounded 1 · management 3
  • Registered as FINANSIERINGSSELSKABET AF 28. DEC. 1976, ODENSE ApS
  • Michael Liocouras Nielsen appointed director
  • Bendy Gunnar Pedersen appointed director
  • Klaus Svend Munkedal appointed director

Related companies

Same industry in Odense

See all →

Same people in management

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