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Noles A/S

Public limited companyCVR 31270162KøgeActive

Noles A/S is a public limited company, based in Køge, active in manufacture of games and toys, founded in 2008. The company went from a profit in 2024 to a loss of DKK 593k in 2025. Equity fell to DKK 967k in 2025.

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Key figures · financial year 2025

Gross profitDKK 697k−44.5% vs. 2024
Net profit−DKK 593k−2,107.9% vs. 2024
EquityDKK 967k−38% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 44% (2024 → 2025), to DKK 697k.
  • Net profit went from a profit of DKK 29,532 to a loss of DKK 593k (2024 → 2025).
  • Equity fell 38% (2024 → 2025), to DKK 967k.

Employees

  • 3 more employees than a year earlier: 6 (08/2026) against 3 (08/2025).

Management and owners, last 24 months

  • New in management: Mogens Jeppesen (ceo, 01/04/2026) and Mogens Jeppesen (board member, 01/09/2026).
  • Stepped down: Janne Riis Mittag (board member, 01/09/2026) and Rikke Romey (director, 01/04/2026).

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 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5m202020212022202320242025
EquityNet profit
Financial figures for Noles A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8881,3801,1661,4291,256697−44.5%
Operating profit (EBIT)21081428360845−741−1,761%
Profit before tax20480727459230−757−2,654%
Net profit15762821245830−593−2,107.9%
Total assets1,6913,0793,0773,3673,0022,459−18.1%
Equity2328611,0721,5311,560967−38%
Liabilities1,4022,1851,9471,8221,4421,492+3.5%
Cash and cash equivalents–101143+3,601%
Average number of employees333343−25%

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 500kDKK 1mDKK 1.5mDKK 2m202020212022202320242025
Gross profitMedian, the industry (38 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 38% from 2024 to 2025 (DKK 1.6m to DKK 967k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Noles A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202306/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202224/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202126/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202009/04/2021The 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
012345609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

38 companies in the database

Comparison with the other companies in manufacture of games and toys based on the latest financial year.

Gross profitDKK 697kNo. 28 of 38
Better than 27% of the companies in the industry
EquityDKK 967kNo. 26 of 38
Better than 32% of the companies in the industry
Number of employees6No. 18 of 38
Better than 54% of the companies in the industry

Industry median: gross profit DKK 1.4m, net profit DKK 80,139, equity DKK 1.7m, 3 employees.

DKK 100kDKK 2.4mDKK 56.6mDKK 1.3bnDKK 11.1bnHere
Distribution of gross profit for 33 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. 50,494of 69,742
Better than 28%
No. 34,145of 69,964
Better than 51%
Same industry and fewer than 20 employees34 companies in the comparison
No. 24of 34
Better than 30%
No. 22of 34
Better than 36%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 20,118of 24,791
Better than 19%
No. 18,243of 24,909
Better than 27%
All companies of type A/S18,025 companies in the comparison
No. 15,935of 17,786
Better than 10%
No. 16,008of 18,024
Better than 11%

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

Manufacture of games and toys
Gross profit
  1. Noles A/SDKK 697k
  2. LEGO System A/SDKK 32bn
  3. Plus-plus A/SDKK 88.6m
Net profit
  1. Noles A/S−DKK 593k
  2. LEGO System A/SDKK 13.3bn
  3. Plus-plus A/SDKK 4.7m
Equity
  1. Noles A/SDKK 967k
  2. LEGO System A/SDKK 24.9bn
  3. Plus-plus A/SDKK 27.9m
Employees
  1. Noles A/S6
  2. LEGO System A/S7,197
  3. Plus-plus A/S31

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
  • Mittag Holding ApS100%
Noles A/S

Management

4 active registrations

Executive management

Executive management at Noles A/S
NameRoleAppointed
Mogens JeppesenCEO01/04/2026

Board of directors

Board of directors at Noles A/S
NameRoleAppointed
Søren MittagChair of the board01/08/2019
Rikke RomeyBoard member01/08/2019
Mogens JeppesenBoard member01/09/2026
Founders
Peter Holding ApS, Blak Holding ApS
Former management (9)
Former management at Noles A/S
NameRoleAppointedResigned
Finn Dyhre HansenBoard member20/02/200804/04/2017
Daniel Hougård BlakChair of the board20/02/200804/04/2017
Peter Møller SørensenBoard member20/02/200804/04/2017
Peter Møller SørensenDirector20/02/200804/04/2017
Søren MittagBoard member04/04/201731/07/2019
Søren MittagDirector04/04/201701/08/2019
Kim NielsenChair of the board04/04/201731/07/2019
Janne Riis MittagBoard member04/04/201701/09/2026
Rikke RomeyDirector04/04/201701/04/2026

Signing rule: Selskabet tegnes af direktøren alene eller af den samlede bestyrelse.

Address and production units

2 active production units

Falkevej 5
4600 Køge

Køge Municipality · Postcode 4600

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
NOLES A/SFalkevej 5, 4600 Køge21014223858
Noles A/SHanningvej 65, 7430 Ikast21022660736

Purpose

Selskabets formål er at drive virksomhed indenfor produktion, salg, service og vedligeholdelse af legeredskaber og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
20265 changesmanagement 4 · accounts 1
  • Mogens Jeppesen appointed board member
  • Janne Riis Mittag stepped down as board member
  • Annual report for 2025 published
  • Mogens Jeppesen appointed ceo
  • Rikke Romey stepped down as director
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
20196 changesmanagement 5 · address 1
  • Søren Mittag appointed chair of the board
  • Rikke Romey appointed board member
  • Søren Mittag stepped down as director
  • Kim Nielsen stepped down as chair of the board
  • Søren Mittag stepped down as board member
  • Moved to Falkevej 5, 4600 Køge
201712 changesaddress 1 · management 9 · ownership 2
  • Moved to Falkevej 5, 4600 Køge
  • Rikke Romey appointed director
  • Kim Nielsen appointed chair of the board
  • Søren Mittag appointed board member
  • Søren Mittag appointed director
  • Janne Riis Mittag appointed board member
  • Finn Dyhre Hansen stepped down as board member
  • Peter Møller Sørensen stepped down as director
  • Peter Møller Sørensen stepped down as board member
  • Daniel Hougård Blak stepped down as chair of the board
  • Mittag Holding ApS registered as owner (100%)
  • BLAK & SØRENSEN ApS is no longer registered as owner
20163 changesownership 3
  • BLAK & SØRENSEN ApS registered as owner (100%)
  • Niels Østergaard Madsen is no longer registered as owner
  • BLAK & SØRENSEN ApS is no longer registered as owner
20131 changeindustry 1
  • Industry changed to Manufacture of games and toys (324000)
20103 changescapital 1 · ownership 2
  • Share capital changed from 500,000 DKK to 556,000 DKK
  • Niels Østergaard Madsen registered as owner (10%)
  • BLAK & SØRENSEN ApS registered as owner (66.67%)
20085 changesfounded 1 · management 4
  • Registered as NOLES A/S
  • Finn Dyhre Hansen appointed board member
  • Peter Møller Sørensen appointed director
  • Peter Møller Sørensen appointed board member
  • Daniel Hougård Blak appointed chair of the board

Related companies

Same people in management

Largest in the industry

See all →

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