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Reform Group Holding ApS

Private limited companyCVR 38262416København ØActive

Reform Group Holding ApS is a private limited company, based in København Ø, active in activities of non-financial head offices, founded in 2016. Equity was negative at the end of 2025 (−DKK 31.7m). The company made a loss in both 2024 and 2025, most recently DKK 29.2m. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 48.9m−17.7% vs. 2024
Net profit−DKK 29.2m+41.7% vs. 2024
Equity−DKK 31.7m+18.6% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 18% (2024 → 2025), to DKK 48.9m.
  • The loss got smaller: from DKK 50.1m to DKK 29.2m (2024 → 2025).

Employees

  • 6 fewer employees than a year earlier: 12 (07/2026) against 18 (07/2025).

Management and owners, last 24 months

  • New in management: Peter Andreas Bonnén (board member, 08/01/2026), Amélie Gosselin-Furno (chair of the board, 08/01/2026) and Virginie Birade (board member, 08/01/2026) (+1).
  • Stepped down: Amélie Gosselin-Furno (board member, 07/01/2026) and Allan Dam Nielsen (board member, 12/11/2025).
  • New owners registered: Reform Holding ApS (19/12/2025), B2 Holding 2018 ApS (19/12/2025) and ECP Reform Holding (19/12/2025).
  • No longer registered as owner: QB Invest ApS (19/12/2025), Reform Holding ApS (18/12/2025) and Vækstfonden Growth K/S (19/12/2025) (+2).

Registrations, last 24 months

  • 16/07/2026: Share capital changed from 148,114 DKK to 148,709 DKK
  • 19/12/2025: Share capital changed from 100,803 DKK to 148,114 DKK
  • 01/01/2025: Industry changed to Activities of non-financial head offices (701010)
  • 12/12/2024: Moved to Vermundsgade 38C, st, 2100 København Ø

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 80m−DKK 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for Reform Group Holding ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−11,65121,01823,92137,33859,45748,949−17.7%
Operating profit (EBIT)−11,851−51,200−72,719−55,325−46,721−30,038+35.7%
Profit before tax−11,856−53,712−76,092−56,379−49,737−27,908+43.9%
Net profit−10,620−54,229−75,859−56,751−50,106−29,221+41.7%
Total assets34,761108,555184,940140,43087,50666,654−23.8%
Equity12,721−48,60858,11511,075−38,918−31,696+18.6%
Liabilities22,039113,20071,202129,355126,42498,350−22.2%
Cash and cash equivalents15,80623,86587,35743,86222,69826,292+15.8%
Average number of employees–186209233164106−35.4%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (310 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 31.7m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Fewer employees

    The number of employees fell 35% from 164 in 2024 to 106 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 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 Reform Group Holding ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202420/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202314/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The groupPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The groupPDFXBRL
202001/01/2020 – 31/12/202006/07/2021The 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
0510152025303508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

310 companies in the database

Comparison with the other companies in activities of non-financial head offices based on the latest financial year.

Gross profitDKK 48.9mNo. 120 of 276
Better than 57% of the companies in the industry
Equity−DKK 31.7mNo. 305 of 310
Better than 2% of the companies in the industry
Number of employees12No. 100 of 310
Better than 68% of the companies in the industry

Industry median: gross profit DKK 31.9m, net profit DKK 3.9m, equity DKK 179.4m, 49 employees.

DKK 100kDKK 2.7mDKK 75.2mDKK 2.1bnDKK 18.8bnHere
Distribution of gross profit for 235 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. 547of 69,742
Better than 99%
No. 69,859of 69,964
Better than 0%
Same industry and fewer than 20 employees151 companies in the comparison
No. 45of 139
Better than 68%
No. 148of 151
Better than 2%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 717of 33,588
Better than 98%
No. 33,578of 33,687
Better than 0%
All companies of type ApS66,508 companies in the comparison
No. 736of 66,379
Better than 99%
No. 66,394of 66,505
Better than 0%

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

Activities of non-financial head offices
Gross profit
  1. Reform Group Holding ApSDKK 48.9m
  2. LEGO A/SDKK 56.6bn
  3. Demant A/SDKK 17.4bn
Net profit
  1. Reform Group Holding ApS−DKK 29.2m
  2. LEGO A/SDKK 16.7bn
  3. Demant A/SDKK 1.5bn
Equity
  1. Reform Group Holding ApS−DKK 31.7m
  2. LEGO A/SDKK 49.3bn
  3. Demant A/SDKK 9.9bn
Employees
  1. Reform Group Holding ApS12
  2. LEGO A/S5
  3. Demant A/S58

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
  • Reform Holding ApS25%
  • B2 Holding 2018 ApS10%
  • ECP Reform Holding50%
Reform Group Holding ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

7 active registrations

Executive management

Executive management at Reform Group Holding ApS
NameRoleAppointed
Anders DalskovDirector01/10/2024
Mads HvelplundDirector19/01/2026

Board of directors

Board of directors at Reform Group Holding ApS
NameRoleAppointed
Michael AndersenBoard member02/07/2021
Jeppe ChristensenBoard member02/07/2021
Peter Andreas BonnénBoard member08/01/2026
Amélie Gosselin-FurnoChair of the board08/01/2026
Virginie BiradeBoard member08/01/2026
Founders
QB Invest ApS, 38 ApS, Reform Holding ApS
Former management (9)
Former management at Reform Group Holding ApS
NameRoleAppointedResigned
Michael AndersenDirector16/12/201601/10/2024
Jeppe ChristensenDirector16/12/201601/10/2024
Morten FalkenbergChair of the board02/07/202112/04/2022
Erik Balck SørensenBoard member02/07/202128/10/2022
Rebekka Bay RasmussenBoard member07/09/202112/04/2022
Frédéric Olivier BiousseBoard member13/04/202217/11/2023
Mads LacoppidanBoard member28/10/202213/03/2024
Amélie Gosselin-FurnoBoard member17/11/202307/01/2026
Allan Dam NielsenBoard member02/07/202412/11/2025

Signing rule: Selskabet tegnes af to direktører i forening, af en direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse

Address and production units

1 active production units

Vermundsgade 38C
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Reform Group Holding ApSVermundsgade 38C, st, 2100 København Ø131022015563

Purpose

Selskabets formål er at drive virksomhed som holdingselskab og hermed beslægtet virksomhed. Et af selskabets formål er i sin virksomhed og drift at have en væsentlig positiv indvirkning på samfundet og miljøet som helhed.

The purpose is quoted from the register in Danish.

Changes year by year

78 registered events
20267 changescapital 1 · accounts 1 · management 5
  • Share capital changed from 148,114 DKK to 148,709 DKK
  • Annual report for 2025 published
  • Mads Hvelplund appointed director
  • Virginie Birade appointed board member
  • Amélie Gosselin-Furno appointed chair of the board
  • Peter Andreas Bonnén appointed board member
  • Amélie Gosselin-Furno stepped down as board member
202512 changescapital 1 · ownership 8 · management 1 · accounts 1 · industry 1
  • Share capital changed from 100,803 DKK to 148,114 DKK
  • ECP Reform Holding registered as owner (50%)
  • B2 Holding 2018 ApS registered as owner (10%)
  • Reform Holding ApS registered as owner (25%)
  • Danmarks Eksport- og Investeringsfond is no longer registered as owner
  • QB Invest ApS is no longer registered as owner
  • Vækstfonden Growth K/S is no longer registered as owner
  • ECP Reform Holding is no longer registered as owner
  • Reform Holding ApS is no longer registered as owner
  • Allan Dam Nielsen stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Activities of non-financial head offices (701010)
20249 changesaddress 1 · ownership 2 · management 5 · accounts 1
  • Moved to Vermundsgade 38C, st, 2100 København Ø
  • ECP Reform Holding registered as owner (25%)
  • ECP Reform Holding is no longer registered as owner
  • Anders Dalskov appointed director
  • Michael Andersen stepped down as director
  • Jeppe Christensen stepped down as director
  • Allan Dam Nielsen appointed board member
  • Annual report for 2023 published
  • Mads Lacoppidan stepped down as board member
20237 changescapital 1 · ownership 2 · management 2 · accounts 1 · address 1
  • Share capital changed from 95,664 DKK to 100,803 DKK
  • Danmarks Eksport- og Investeringsfond registered as owner (15%)
  • Amélie Gosselin-Furno appointed board member
  • Frédéric Olivier Biousse stepped down as board member
  • Annual report for 2022 published
  • Moved to Otto Busses Vej 9, 2450 København SV
  • VÆKSTFONDEN is no longer registered as owner
202222 changesmanagement 5 · accounts 1 · capital 2 · ownership 13 · address 1
  • Mads Lacoppidan appointed board member
  • Erik Balck Sørensen stepped down as board member
  • Annual report for 2021 published
  • Share capital changed from 72,304 DKK to 95,664 DKK
  • Frédéric Olivier Biousse appointed board member
  • QB Invest ApS registered as owner (5%)
  • VÆKSTFONDEN registered as owner (10%)
  • Reform Holding ApS registered as owner (33.33%)
  • Vækstfonden Growth K/S registered as owner (5%)
  • ECP Reform Holding registered as owner (20%)
  • Rebekka Bay Rasmussen stepped down as board member
  • Morten Falkenberg stepped down as chair of the board
  • Reform Holding ApS is no longer registered as owner
  • VÆKSTFONDEN is no longer registered as owner
  • QB Invest ApS is no longer registered as owner
  • Share capital changed from 66,177 DKK to 72,304 DKK
  • Reform Holding ApS registered as owner (50%)
  • VÆKSTFONDEN registered as owner (15%)
  • 38 ApS is no longer registered as owner
  • Moved to Otto Busses Vej 5, 2450 København SV
  • VÆKSTFONDEN is no longer registered as owner
  • Reform Holding ApS is no longer registered as owner
20216 changesmanagement 5 · accounts 1
  • Rebekka Bay Rasmussen appointed board member
  • Annual report for 2020 published
  • Jeppe Christensen appointed board member
  • Michael Andersen appointed board member
  • Erik Balck Sørensen appointed board member
  • Morten Falkenberg appointed chair of the board
20207 changescapital 1 · ownership 3 · industry 1 · address 2
  • Share capital changed from 58,824 DKK to 66,177 DKK
  • VÆKSTFONDEN registered as owner (10%)
  • QB Invest ApS registered as owner (10%)
  • Industry changed to Activities of non-financial head offices (701010)
  • QB Invest ApS is no longer registered as owner
  • Moved to Otto Busses Vej 5, 2450 København SV
  • Moved to Otto Busses Vej 5, 2450 København SV
20191 changeaddress 1
  • Moved to Otto Busses Vej 5, 2450 København SV
20181 changeaddress 1
  • Moved to Otto Busses Vej 5, 2450 København SV
20166 changesfounded 1 · management 2 · ownership 3
  • Registered as Reform Group Holding ApS
  • Michael Andersen appointed director
  • Jeppe Christensen appointed director
  • Reform Holding ApS registered as owner (66.67%)
  • QB Invest ApS registered as owner (15%)
  • 38 ApS registered as owner (5%)

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Same people in management

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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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