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Ref Holding ApS

Private limited companyCVR 30503341København KActive

Ref Holding ApS is a private limited company, based in København K, active in non-financial holding companies, founded in 2007. Net profit fell 29% from 2024 to 2025, ending at DKK 2.1m.

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Key figures · financial year 2025

Gross profit−DKK 87,180−8.8% vs. 2024
Net profitDKK 2.1m−28.6% vs. 2024
EquityDKK 30.6m+6.8% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit fell 29% (2024 → 2025), to DKK 2.1m.
  • Equity rose 7% (2024 → 2025), to DKK 30.6m.

Employees

  • 1 more employees than a year earlier: 2 (08/2026) against 1 (08/2025).

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 2018–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m2018201920242025
EquityNet profit
Financial figures for Ref Holding ApS
2018201920242025Change
Revenuenot statednot statednot statednot stated–
Gross profit9065−80−87−8.8%
Operating profit (EBIT)473506−496−477+3.8%
Profit before tax2492,3433,8432,717−29.3%
Net profit5342,1003,0092,148−28.6%
Total assets16,08118,45931,47930,806−2.1%
Equity15,49617,30228,62930,576+6.8%
Liabilities5851,1582,850230−91.9%
Cash and cash equivalents6995671,650820−50.3%
Average number of employees––110%

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 2018, 2019, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 100k−DKK 80,000−DKK 60,000−DKK 40,000−DKK 20,000DKK 0DKK 20,000DKK 40,000DKK 60,000DKK 80,000DKK 100k2018201920242025
Gross profitMedian, the industry (2,138 companies)

Annual reports

4 financial years
Annual reports for Ref Holding ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/01/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/03/2025The companyPDFXBRL
201901/01/2019 – 31/12/201906/02/2020The companyPDFXBRL
201801/01/2018 – 31/12/201812/02/2019The 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
0112209/2310/2311/2312/2301/2402/2403/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

2,138 companies in the database

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

Gross profit−DKK 87,180No. 1315 of 2,093
Better than 37% of the companies in the industry
EquityDKK 30.6mNo. 1099 of 2,138
Better than 49% of the companies in the industry
Number of employees2No. 966 of 2,138
Better than 55% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 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. 65,757of 69,742
Better than 6%
No. 4,420of 69,964
Better than 94%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 1,275of 2,048
Better than 38%
No. 1,072of 2,092
Better than 49%
Companies that are between 15 and 29 years old24,906 companies in the comparison
No. 23,428of 24,787
Better than 5%
No. 3,347of 24,905
Better than 87%
All companies of type ApS66,508 companies in the comparison
No. 63,143of 66,379
Better than 5%
No. 3,126of 66,505
Better than 95%

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

Non-financial holding companies
Gross profit
  1. Ref Holding ApS−DKK 87,180
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Ref Holding ApSDKK 2.1m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Ref Holding ApSDKK 30.6m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Ref Holding ApS2
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • David Michael Fawcett100%
Ref Holding ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

1 active registrations

Executive management

Executive management at Ref Holding ApS
NameRoleAppointed
David Michael FawcettCEO26/03/2007
Founders
David Michael Fawcett

Signing rule: Selskabet tegnes af 1 direktør

Address and production units

1 active production units

Dronningens Tværgade 16
1302 København K

København Municipality · Postcode 1302

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
REF HOLDING ApSDronningens Tværgade 16, 5, 1302 København K21013208707

Purpose

Selskabets formål er at drive virksomhed med besiddelse af kapitalandele og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

9 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20211 changeaddress 1
  • Moved to Dronningens Tværgade 16, 5, 1302 København K
20201 changeaccounts 1
  • Annual report for 2019 published
20191 changeaccounts 1
  • Annual report for 2018 published
20091 changeindustry 1
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
20073 changesfounded 1 · management 1 · ownership 1
  • Registered as REF HOLDING ApS
  • David Michael Fawcett appointed ceo
  • David Michael Fawcett registered as owner (100%)

Related companies

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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