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Refima Capital Management A/S

Public limited companyCVR 39716135København KActive

Refima Capital Management A/S is a public limited company, based in København K, active in fund management activities, founded in 2018. Equity grew to DKK 4.6m in 2025.

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Key figures · financial year 2025

Gross profitDKK 3.6m−16.8% vs. 2024
Net profitDKK 2.5m−5% vs. 2024
EquityDKK 4.6m+20.1% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 17% (2024 → 2025), to DKK 3.6m.
  • Net profit fell 5% (2024 → 2025), to DKK 2.5m.
  • Equity rose 20% (2024 → 2025), to DKK 4.6m.

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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for Refima Capital Management A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,9281,8817961,6314,3673,635−16.8%
Operating profit (EBIT)1,131951−1756283,1522,199−30.2%
Profit before tax1,0691,114−1726813,3703,321−1.5%
Net profit819925−2545352,6522,520−5%
Total assets2,2052,1571,7882,5004,7924,918+2.6%
Equity1,7691,8941,6402,1743,8274,597+20.1%
Liabilities437264148326965321−66.7%
Cash and cash equivalents7911,117299797241242+0.3%
Average number of employees––––43−25%

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 4m202020212022202320242025
Gross profitMedian, the industry (73 companies)

Annual reports

6 financial years
Annual reports for Refima Capital Management A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202105/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The 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
0123456708/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

73 companies in the database

Comparison with the other companies in fund management activities based on the latest financial year.

Gross profitDKK 3.6mNo. 21 of 72
Better than 72% of the companies in the industry
EquityDKK 4.6mNo. 20 of 73
Better than 74% of the companies in the industry
Number of employees5No. 25 of 73
Better than 67% of the companies in the industry

Industry median: gross profit DKK 744k, net profit DKK 49,922, equity DKK 1.2m, 2 employees.

DKK 100kDKK 942kDKK 8.9mDKK 83.5mDKK 372.2mHere
Distribution of gross profit for 51 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. 18,909of 69,742
Better than 73%
No. 14,956of 69,964
Better than 79%
Same industry and fewer than 20 employees71 companies in the comparison
No. 20of 71
Better than 73%
No. 18of 71
Better than 76%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 11,294of 33,588
Better than 66%
No. 6,449of 33,687
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 13,068of 17,786
Better than 27%
No. 11,809of 18,024
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

Fund management activities
Gross profit
  1. Refima Capital Management A/SDKK 3.6m
  2. Danica Kapitalforvaltning K/SDKK 785.8m
  3. Qube Research and Technologies Denmark ApSDKK 47.1m
Net profit
  1. Refima Capital Management A/SDKK 2.5m
  2. Danica Kapitalforvaltning K/SDKK 612.8m
  3. Qube Research and Technologies Denmark ApSDKK 6.7m
Equity
  1. Refima Capital Management A/SDKK 4.6m
  2. Danica Kapitalforvaltning K/SDKK 622.8m
  3. Qube Research and Technologies Denmark ApSDKK 18.9m
Employees
  1. Refima Capital Management A/S5
  2. Danica Kapitalforvaltning K/S66
  3. Qube Research and Technologies Denmark ApS18

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
  • Gevani ApS33.33%
  • Fondat Holding ApS33.33%
Refima Capital Management A/S

Management

5 active registrations

Executive management

Executive management at Refima Capital Management A/S
NameRoleAppointed
Nicolai Wenck von WenckheimDirector01/07/2018
Søren EriksenDirector25/09/2018

Board of directors

Board of directors at Refima Capital Management A/S
NameRoleAppointed
Nicolai Wenck von WenckheimBoard member01/07/2018
Anders BirkenfeldtBoard member01/07/2018
Birgitte Wenck von WenckheimChair of the board01/07/2018
Founders
Gevani ApS

Signing rule: Selskabet tegnes af én direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Toldbodgade 51B
1253 København K

København Municipality · Postcode 1253

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Refima Capital Management A/SToldbodgade 51B, st, 1253 København K71023785966

Purpose

Selskabets formål er at drive finansiel rådgivning og dermed beslægtet virksomhed. Selskabet vil agere porteføljeforvalter for Refima Capital Partners A/S samt dermed beslægtede virksomheder.

The purpose is quoted from the register in Danish.

Changes year by year

27 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
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Toldbodgade 51B, st, 1253 København K
20225 changesownership 4 · accounts 1
  • GEVANI ApS registered as owner (33.33%)
  • Fondat Holding ApS registered as owner (33.33%)
  • Fondat Holding ApS is no longer registered as owner
  • GEVANI ApS is no longer registered as owner
  • Annual report for 2021 published
20213 changesownership 2 · accounts 1
  • Fondat Holding ApS registered as owner (50%)
  • Fondat Holding ApS is no longer registered as owner
  • Annual report for 2020 published
20201 changeaddress 1
  • Moved to Frederiksborggade 15, 3, 1360 København K
201813 changesmanagement 5 · ownership 6 · status 1 · founded 1
  • Søren Eriksen appointed director
  • Fondat Holding ApS registered as owner (33.33%)
  • GEVANI ApS registered as owner (50%)
  • Fondat Holding ApS is no longer registered as owner
  • GEVANI ApS is no longer registered as owner
  • Fondat Holding ApS registered as owner (50%)
  • Status changed to active
  • Nicolai Wenck von Wenckheim appointed director
  • Nicolai Wenck von Wenckheim appointed board member
  • Anders Birkenfeldt appointed board member
  • Birgitte Wenck von Wenckheim appointed chair of the board
  • GEVANI ApS registered as owner (50%)
  • Registered as Refima Capital Management A/S

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.

View in CVRReport a correction