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Siam traditional thai massage ApS

Private limited companyCVR 38635743HerningActive

Siam traditional thai massage ApS is a private limited company, based in Herning, active in operation of day spas, saunas and steam baths, founded in 2017. After a loss in 2024, the company made a profit of DKK 773k in 2025. Measured by gross profit, it ranks no. 5 of 127 companies in the industry in the database. Operations are spread over 3 production units in 3 towns.

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Key figures · financial year 2025

Gross profitDKK 8.1m+8.3% vs. 2024
Net profitDKK 773k+1,067.5% vs. 2024
EquityDKK 1.6m+94.1% vs. 2024
Employees27latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 8% (2024 → 2025), to DKK 8.1m.
  • Net profit went from a loss of DKK 79,860 to a profit of DKK 773k (2024 → 2025).
  • Equity rose 94% (2024 → 2025), to DKK 1.6m.

Employees

  • 1 more employees than a year earlier: 27 (07/2026) against 26 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Operation of day spas, saunas and steam baths (962300)

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 500kDKK 0DKK 500kDKK 1mDKK 1.5m202020212022202320242025
EquityNet profit
Financial figures for Siam traditional thai massage ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,7926,4746,3777,0467,4818,104+8.3%
Operating profit (EBIT)−51630596170−1021,007+1,088.3%
Profit before tax−52329287170−1021,007+1,086.1%
Net profit−40922667130−80773+1,067.5%
Total assets2,1782,4161,3951,7821,5442,568+66.4%
Equity4787047719018211,594+94.1%
Liabilities1,7001,712624881723975+34.9%
Cash and cash equivalents1,7862,2441,1731,4311,3212,225+68.4%
Average number of employees24231922230−100%

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 8m202020212022202320242025
Gross profitMedian, the industry (127 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 23 in 2024 to 0 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 Siam traditional thai massage ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

127 companies in the database

Comparison with the other companies in operation of day spas, saunas and steam baths based on the latest financial year.

Gross profitDKK 8.1mNo. 5 of 127
Better than 97% of the companies in the industry
EquityDKK 1.6mNo. 16 of 127
Better than 88% of the companies in the industry
Number of employees27No. 114 of 127
Better than 10% of the companies in the industry

Industry median: gross profit DKK 709k, net profit DKK 32,259, equity DKK 119k, 1 employees.

DKK 100kDKK 422kDKK 1.8mDKK 7.5mDKK 19.6mHere
Distribution of gross profit for 122 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. 6,466of 9,892
Better than 35%
No. 6,872of 9,922
Better than 31%
Same industry and 20–49 employees12 companies in the comparison
No. 2of 12
Better than 91%
No. 6of 12
Better than 55%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 5,429of 33,588
Better than 84%
No. 12,273of 33,687
Better than 64%
All companies of type ApS66,508 companies in the comparison
No. 7,931of 66,379
Better than 88%
No. 23,342of 66,505
Better than 65%

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

Operation of day spas, saunas and steam baths
Gross profit
  1. Siam traditional thai massage ApSDKK 8.1m
  2. Vicuras DK A/SDKK 31.6m
  3. AIRE Ancient Baths Copenhagen ApSDKK 25.4m
Net profit
  1. Siam traditional thai massage ApSDKK 773k
  2. Vicuras DK A/SDKK 5.5m
  3. AIRE Ancient Baths Copenhagen ApS−DKK 5.5m
Equity
  1. Siam traditional thai massage ApSDKK 1.6m
  2. Vicuras DK A/SDKK 9.8m
  3. AIRE Ancient Baths Copenhagen ApSDKK 45.8m
Employees
  1. Siam traditional thai massage ApS27
  2. Vicuras DK A/S84
  3. AIRE Ancient Baths Copenhagen ApS65

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
  • Suwapee Pakpiboon Hvergel50%
  • Allan Bjerregaard Hvergel50%
Siam traditional thai massage ApS

Management

2 active registrations

Executive management

Executive management at Siam traditional thai massage ApS
NameRoleAppointed
Suwapee Pakpiboon HvergelDirector11/05/2017
Allan Bjerregaard HvergelDirector11/05/2017
Founders
Suwapee Pakpiboon Hvergel, Allan Bjerregaard Hvergel

Signing rule: Selskabet tegnes af et medlem af  direktionen.

Address and production units

3 active production units

Søndergade 22F
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
Siam traditional thai massage ApSSøndergade 22F, st, 7400 Herning121022437492
VejleTorvegade 17A, 1, 7100 Vejle81022452890
HolstebroØstergade 5, 1, 7500 Holstebro51022452882

Purpose

Selskabets formål er at drive wellness og thai massage samt anden dermed beslægtet virksomhed, der efter direktionens skøn står i forbindelse hermed. Selskabet er berettiget til kapitalbesiddelser i andre virksomheder.

The purpose is quoted from the register in Danish.

Changes year by year

14 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Operation of day spas, saunas and steam baths (962300)
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
20191 changeaddress 1
  • Moved to Søndergade 22F, st, 7400 Herning
20181 changeaddress 1
  • Moved to Søndergade 22F, st, 7400 Herning
20175 changesfounded 1 · management 2 · ownership 2
  • Registered as Siam traditional thai massage ApS
  • Suwapee Pakpiboon Hvergel appointed director
  • Allan Bjerregaard Hvergel appointed director
  • Suwapee Pakpiboon Hvergel registered as owner (50%)
  • Allan Bjerregaard Hvergel registered as owner (50%)

Related companies

Same industry in Herning

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. 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