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Sitas ApS

Private limited companyCVR 50751015BallerupActive

Sitas ApS is a private limited company, based in Ballerup, active in plant propagation, founded in 1966. Net profit rose 55% from 2024 to 2025, ending at DKK 829k. The company has existed for over 60 years.

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Key figures · financial year 2025

Gross profitDKK 6.6m+5.8% vs. 2024
Net profitDKK 829k+55.2% vs. 2024
EquityDKK 4.2m+8.5% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 6% (2024 → 2025), to DKK 6.6m.
  • Net profit rose 55% (2024 → 2025), to DKK 829k.
  • Equity rose 8% (2024 → 2025), to DKK 4.2m.

Employees

  • 1 more employees than a year earlier: 8 (07/2026) against 7 (07/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Sitas ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,2389,0128,7636,9766,2536,617+5.8%
Operating profit (EBIT)––2,4181,2047471,150+53.9%
Profit before tax2,3523,7942,3261,2266981,151+65%
Net profit1,7982,9151,808939534829+55.2%
Total assets7,2858,4737,3026,4576,0155,731−4.7%
Equity4,6916,0065,3144,2533,8874,215+8.5%
Liabilities––1,9542,1972,1291,516−28.8%
Cash and cash equivalents1,265709389105−48%
Average number of employees0101110108−20%

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 10m202020212022202320242025
Gross profitMedian, the industry (66 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

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 Sitas ApS
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202515/12/2025The companyPDF not statedXBRL
202401/10/2023 – 30/09/202418/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202322/01/2024The companyPDFXBRL
202201/10/2021 – 30/09/202209/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202110/12/2021The companyPDFXBRL
202001/10/2019 – 30/09/202011/12/2020The 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
0246810121408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

66 companies in the database

Comparison with the other companies in plant propagation based on the latest financial year.

Gross profitDKK 6.6mNo. 25 of 66
Better than 63% of the companies in the industry
EquityDKK 4.2mNo. 29 of 66
Better than 57% of the companies in the industry
Number of employees8No. 29 of 66
Better than 57% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 289k, equity DKK 3.4m, 7 employees.

DKK 176kDKK 1.1mDKK 6.6mDKK 40.4mDKK 135.2mHere
Distribution of gross profit for 65 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. 9,339of 69,742
Better than 87%
No. 15,807of 69,964
Better than 77%
Same industry and fewer than 20 employees47 companies in the comparison
No. 8of 47
Better than 85%
No. 18of 47
Better than 63%
Companies that are at least 30 years old10,276 companies in the comparison
No. 5,055of 10,152
Better than 50%
No. 6,527of 10,275
Better than 36%
All companies of type ApS66,508 companies in the comparison
No. 10,136of 66,379
Better than 85%
No. 12,667of 66,505
Better than 81%

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

Plant propagation
Gross profit
  1. Sitas ApSDKK 6.6m
  2. Lindblad Group ApSDKK 247.3m
  3. bygrowers A/SDKK 66.7m
Net profit
  1. Sitas ApSDKK 829k
  2. Lindblad Group ApSDKK 87.2m
  3. bygrowers A/SDKK 1.2m
Equity
  1. Sitas ApSDKK 4.2m
  2. Lindblad Group ApSDKK 764.2m
  3. bygrowers A/SDKK 19.2m
Employees
  1. Sitas ApS8
  2. Lindblad Group ApS2
  3. bygrowers A/S181

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
  • Mimi Hvass Holding ApS100%
Sitas ApS

Management

1 active registrations

Executive management

Executive management at Sitas ApS
NameRoleAppointed
Mimi HvassDirector01/10/2003
Former management (6)
Former management at Sitas ApS
NameRoleAppointedResigned
Erik GaarnBoard member03/05/196603/12/2008
Niels Edgar HvassDirector03/05/196601/10/2003
Julius Nicolaj Meyer WærumBoard member03/05/196620/01/2000
Niels Edgar HvassChair of the board01/10/200308/12/2022
Mimi HvassBoard member01/10/200308/12/2022
Ulrik MøllerBoard member03/12/200808/12/2022

Signing rule: Selskabet tegnes af direktøren alene.

Address and production units

1 active production units

Skovvej 56
2750 Ballerup

Ballerup Municipality · Postcode 2750

Production units
Production unitAddressEmployeesP number
SITAS ApSSkovvej 56, 2750 Ballerup71001954998

Purpose

Selskabets formål er at drive handelsvirksomhed

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20251 changeaccounts 1
  • Annual report for 2025 published
20242 changesaccounts 2
  • Annual report for 2024 published
  • Annual report for 2023 published
20228 changesaccounts 1 · name 1 · management 3 · ownership 3
  • Annual report for 2022 published
  • Name changed from SCANDINAVIAN INSTANT TREES A/S to SITAS ApS
  • Ulrik Møller stepped down as board member
  • Niels Edgar Hvass stepped down as chair of the board
  • Mimi Hvass stepped down as board member
  • MIMI HVASS HOLDING ApS registered as owner (100%)
  • Niels Edgar Hvass is no longer registered as owner
  • MIMI HVASS HOLDING ApS is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2021 published
20202 changesaccounts 1 · ownership 1
  • Annual report for 2020 published
  • SITAS ApS is no longer registered as owner
20121 changeownership 1
  • MIMI HVASS HOLDING ApS registered as owner (90%)
20083 changesmanagement 2 · industry 1
  • Ulrik Møller appointed board member
  • Erik Gaarn stepped down as board member
  • Industry changed to Plant propagation (013000)
20051 changeownership 1
  • Niels Edgar Hvass registered as owner (0%)
20041 changeownership 1
  • SITAS ApS registered as owner (5%)
20034 changesmanagement 4
  • Niels Edgar Hvass appointed chair of the board
  • Mimi Hvass appointed board member
  • Mimi Hvass appointed director
  • Niels Edgar Hvass stepped down as director
20001 changemanagement 1
  • Julius Nicolaj Meyer Wærum stepped down as board member
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 600,000 DKK
19664 changesfounded 1 · management 3
  • Registered as SCANDINAVIAN INSTANT TREES A/S
  • Niels Edgar Hvass appointed director
  • Julius Nicolaj Meyer Wærum appointed board member
  • Erik Gaarn appointed board member

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.

View in CVRReport a correction