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Racket House ApS

Private limited companyCVR 36931108Odense SVActive

Racket House ApS is a private limited company, based in Odense SV, active in retail sale of sports and leisure equipment, founded in 2015. After a loss in 2024, the company made a profit of DKK 1.9m in 2025. With 32 employees, the company is about 9 times larger than the industry median. Gross profit is higher than that of 93% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 13.8m+24.2% vs. 2024
Net profitDKK 1.9m+568.3% vs. 2024
EquityDKK 277k+115.2% vs. 2024
Employees32latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 24% (2024 → 2025), to DKK 13.8m.
  • Net profit went from a loss of DKK 405k to a profit of DKK 1.9m (2024 → 2025).
  • Equity turned positive again: DKK 277k (2024 → 2025).

Employees

  • 4 more employees than a year earlier: 32 (07/2026) against 28 (07/2025).

Registrations, last 24 months

  • 18/05/2026: Name changed from ZERV ApS to Racket House ApS
  • 30/03/2026: Moved to Holkebjergvej 120, Højme, 5250 Odense SV
  • 18/12/2025: Share capital changed from 145,833 DKK to 147,221 DKK
  • 01/01/2025: Industry changed to Retail sale of sports and leisure equipment (476310)

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 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for Racket House ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,5527,6705,4656,63611,13213,823+24.2%
Operating profit (EBIT)299705−4,459−4,6061,5093,728+147%
Profit before tax55208−5,474−6,325−5072,352+563.5%
Net profit40161−4,274−4,942−4051,897+568.3%
Total assets13,99128,71939,00936,04734,55934,478−0.2%
Equity3,1123,272−1,00257−1,819277+115.2%
Liabilities10,85225,05339,49135,50335,63733,271−6.6%
Cash and cash equivalents117561272695438−29.1%
Average number of employees142125231921+10.5%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (292 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Low equity ratio

    Equity makes up 1% 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
Annual reports for Racket House ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202512/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202403/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202205/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/04/2021The 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
01020304008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

292 companies in the database

Comparison with the other companies in retail sale of sports and leisure equipment based on the latest financial year.

Gross profitDKK 13.8mNo. 20 of 292
Better than 93% of the companies in the industry
EquityDKK 277kNo. 224 of 292
Better than 23% of the companies in the industry
Number of employees32No. 18 of 292
Better than 94% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 139k, equity DKK 1.4m, 4 employees.

DKK 100kDKK 783kDKK 6.1mDKK 48mDKK 189mHere
Distribution of gross profit for 274 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 20–49 employees9,922 companies in the comparison
No. 4,500of 9,892
Better than 55%
No. 8,583of 9,922
Better than 13%
Same industry and 20–49 employees28 companies in the comparison
No. 4of 28
Better than 89%
No. 26of 28
Better than 7%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 3,086of 33,588
Better than 91%
No. 22,817of 33,687
Better than 32%
All companies of type ApS66,508 companies in the comparison
No. 4,004of 66,379
Better than 94%
No. 43,924of 66,505
Better than 34%

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 sports and leisure equipment
Gross profit
  1. Racket House ApSDKK 13.8m
  2. Sport 24 A/SDKK 375.3m
  3. Sportmaster Danmark ApSDKK 181.3m
Net profit
  1. Racket House ApSDKK 1.9m
  2. Sport 24 A/SDKK 45.3m
  3. Sportmaster Danmark ApS−DKK 9.3m
Equity
  1. Racket House ApSDKK 277k
  2. Sport 24 A/SDKK 214.4m
  3. Sportmaster Danmark ApS−DKK 574.1m
Employees
  1. Racket House ApS32
  2. Sport 24 A/S1,282
  3. Sportmaster Danmark ApS226

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
  • Kulmbak Holding ApS33.33%
  • Lind Family Holding A/S15%
  • Normann Holding ApS20%
  • Guerilla Capital ApS15%
Racket House ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Racket House ApS
NameRoleAppointed
Torben van den Brekel KulmbakDirector01/04/2019
Mikkel Normann HansenDirector01/04/2019

Board of directors

Board of directors at Racket House ApS
NameRoleAppointed
David Bøgevang Køster ChristensenBoard member18/12/2023
Torben van den Brekel KulmbakBoard member18/12/2023
Leif NørgaardChair of the board18/12/2023
Mikkel Normann HansenBoard member18/12/2023
Founders
Torben van den Brekel Kulmbak
Former management (1)
Former management at Racket House ApS
NameRoleAppointedResigned
Torben van den Brekel KulmbakCEO18/06/201531/03/2019

Signing rule: Selskabet tegnes af direktionen i forening.

Address and production units

2 active production units

Holkebjergvej 120
5250 Odense SV

Odense Municipality · Postcode 5250

Production units
Production unitAddressEmployeesP number
Racket House ApSHolkebjergvej 120, Højme, 5250 Odense SV331020505881
ZERV ApS, KB ProshoppenPeter Bangs Vej 147, 2000 Frederiksberg–1032272912

Purpose

Selskabets formål er at drive onlinehandel med salg af sportsudstyr primært til badminton og anden hermed beslægtet aktivitet.

The purpose is quoted from the register in Danish.

Changes year by year

42 registered events
20263 changesname 1 · address 1 · accounts 1
  • Name changed from ZERV ApS to Racket House ApS
  • Moved to Holkebjergvej 120, Højme, 5250 Odense SV
  • Annual report for 2025 published
20253 changescapital 1 · accounts 1 · industry 1
  • Share capital changed from 145,833 DKK to 147,221 DKK
  • Annual report for 2024 published
  • Industry changed to Retail sale of sports and leisure equipment (476310)
20241 changeaccounts 1
  • Annual report for 2023 published
202312 changescapital 1 · management 4 · ownership 6 · accounts 1
  • Share capital changed from 104,167 DKK to 145,833 DKK
  • David Bøgevang Køster Christensen appointed board member
  • Torben van den Brekel Kulmbak appointed board member
  • Leif Nørgaard appointed chair of the board
  • Mikkel Normann Hansen appointed board member
  • Normann Holding ApS registered as owner (20%)
  • Lind Family Holding A/S registered as owner (15%)
  • Guerilla Capital ApS registered as owner (15%)
  • LoveMondays ApS is no longer registered as owner
  • Guerilla Capital ApS is no longer registered as owner
  • Normann Holding ApS is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
202011 changescapital 1 · ownership 8 · name 2
  • Share capital changed from 83,333 DKK to 104,167 DKK
  • Kulmbak Holding ApS registered as owner (33.33%)
  • Guerilla Capital ApS registered as owner (10%)
  • LoveMondays ApS registered as owner (10%)
  • Normann Holding ApS registered as owner (25%)
  • Kulmbak Holding ApS is no longer registered as owner
  • Normann Holding ApS is no longer registered as owner
  • Kulmbak Holding ApS registered as owner (50%)
  • Torben van den Brekel Kulmbak is no longer registered as owner
  • Name changed from Racket Sport Empire ApS to ZERV ApS
  • Name changed from Badmintonshoppen ApS to Racket Sport Empire ApS
20193 changesmanagement 3
  • Torben van den Brekel Kulmbak appointed director
  • Mikkel Normann Hansen appointed director
  • Torben van den Brekel Kulmbak stepped down as ceo
20183 changesaddress 1 · capital 1 · ownership 1
  • Moved to Blangstedgårdsvej 14, 5220 Odense SØ
  • Share capital changed from 50,000 DKK to 83,333 DKK
  • Normann Holding ApS registered as owner (33.33%)
20161 changeaddress 1
  • Moved to Søndergade 22, 5000 Odense C
20153 changesfounded 1 · management 1 · ownership 1
  • Registered as Badmintonshoppen ApS
  • Torben van den Brekel Kulmbak appointed ceo
  • Torben van den Brekel Kulmbak registered as owner (50%)

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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