Source2Sea A/S
Public limited companyCVR 42671223København SActive
Source2Sea A/S is a public limited company, based in København S, active in non-specialised wholesale trade, founded in 2021. The company made a loss in both 2024 and 2025, most recently DKK 33m. With 18 employees, the company is about 5 times larger than the industry median. Equity fell to DKK 3m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss got smaller: from DKK 35.5m to DKK 33m (2024 → 2025).
- Equity fell 73% (2024 → 2025), to DKK 3m.
Management and owners, last 24 months
- New in management: William Joseph Hanenberg (chair of the board, 08/09/2026).
- Stepped down: Jens Holger Nielsen (chair of the board, 08/09/2026).
Registrations, last 24 months
- 24/03/2026: Share capital changed from 507,000 DKK to 507,100 DKK
- 27/05/2025: Share capital changed from 506,000 DKK to 507,000 DKK
- 28/10/2024: Share capital changed from 505,000 DKK to 506,000 DKK
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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | −19,288 | −20,595 | −13,950 | −11,201 | +19.7% |
| Operating profit (EBIT) | −48,953 | −52,086 | – | – | – |
| Profit before tax | −49,354 | −53,782 | −45,329 | −41,993 | +7.4% |
| Net profit | −38,498 | −41,955 | −35,515 | −33,016 | +7% |
| Total assets | 44,828 | 38,655 | 28,931 | 22,168 | −23.4% |
| Equity | 13,502 | 11,547 | 11,032 | 3,016 | −72.7% |
| Liabilities | 31,326 | 27,108 | 17,899 | 19,152 | +7% |
| Average number of employees | 16 | 24 | 22 | 22 | 0% |
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 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
Signals from the financial statements
calculated from the 2025 figuresLoss for 4 years in a row
Net result has been negative in 2022–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 73% from 2024 to 2025 (DKK 11m to DKK 3m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive 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
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 25/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/06/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 04/06/2024 | The company | PDF not statedXBRL |
| 2022 | 08/09/2021 – 31/12/2022 | 25/05/2023 | The company | PDFXBRL |
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 CVRPosition in the industry
348 companies in the databaseComparison with the other companies in non-specialised wholesale trade based on the latest financial year.
Industry median: gross profit DKK 3.2m, net profit DKK 391k, equity DKK 2.6m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 69,656of 69,742 Better than 0% | No. 19,291of 69,964 Better than 72% |
| Same industry and fewer than 20 employees299 companies in the comparison | No. 298of 299 Better than 0% | No. 124of 299 Better than 59% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,512of 33,588 Better than 0% | No. 8,400of 33,687 Better than 75% |
| All companies of type A/S18,025 companies in the comparison | No. 17,701of 17,786 Better than 0% | No. 13,310of 18,024 Better than 26% |
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-specialised wholesale trade- Source2Sea A/S−DKK 11.2m
- Solar A/SDKK 2.5bn
- Wrist Ship Supply A/SDKK 1.6bn
- Source2Sea A/S−DKK 33m
- Solar A/SDKK 74m
- Wrist Ship Supply A/S−DKK 181.6m
- Source2Sea A/SDKK 3m
- Solar A/SDKK 2bn
- Wrist Ship Supply A/SDKK 634m
- Source2Sea A/S18
- Solar A/S856
- Wrist Ship Supply A/S253
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Ernst Mikael Weis | CEO | 09/11/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Anders Skipper | Board member | 08/09/2021 |
| Michael Mørk Hansen | Board member | 08/09/2021 |
| William Joseph Hanenberg | Chair of the board | 08/09/2026 |
- Founders
- Wrist Ship Supply A/S
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Anders Skipper | CEO | 08/09/2021 | 09/11/2021 |
| Jens Holger Nielsen | Chair of the board | 08/09/2021 | 08/09/2026 |
Signing rule: Selskabet tegnes af den administrerende direktør i forening med et bestyrelsesmedlem, eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse
Address and production units
1 active production unitsAmagerfælledvej 106
2300 København S
København Municipality · Postcode 2300
Other companies at the address (8)
- ZeroNorth A/SOther software publishing
- Mono Solutions ApSComputer programming activities
- Ardoq Denmark ApSOther software publishing
- Nu Skin Scandinavia A/SWholesale of perfume and cosmetics
- Ubiqisense ApSManufacture of instruments and appliances for measuring, testing and navigation
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Source2Sea A/S | Amagerfælledvej 106, 2300 København S | 18 | 1027525284 |
Purpose
Selskabets formål er at drive virksomhed med handel og transport, herunder internetbaseret handel, samt al virksomhed, som efter bestyrelsen skøn har forbindelse hermed
The purpose is quoted from the register in Danish.
Changes year by year
25 registered events20264 changesmanagement 2 · accounts 1 · capital 1
- ManagementWilliam Joseph Hanenberg appointed chair of the board
- ManagementJens Holger Nielsen stepped down as chair of the board
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 507,000 DKK to 507,100 DKK
20252 changesaccounts 1 · capital 1
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 506,000 DKK to 507,000 DKK
20243 changescapital 2 · accounts 1
- CapitalShare capital changed from 505,000 DKK to 506,000 DKK
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 504,000 DKK to 505,000 DKK
20234 changescapital 2 · address 1 · accounts 1
- CapitalShare capital changed from 503,000 DKK to 504,000 DKK
- AddressMoved to Amagerfælledvej 106, 2300 København S
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 502,000 DKK to 503,000 DKK
20221 changecapital 1
- CapitalShare capital changed from 501,000 DKK to 502,000 DKK
202111 changesaddress 2 · capital 1 · management 6 · founded 1 · ownership 1
- AddressMoved to Amagerfælledvej 106, 2300 København S
- CapitalShare capital changed from 500,000 DKK to 501,000 DKK
- ManagementErnst Mikael Weis appointed ceo
- ManagementAnders Skipper stepped down as ceo
- AddressMoved to Kanalholmen 1, 2650 Hvidovre
- FoundedRegistered as Source2Sea A/S
- ManagementAnders Skipper appointed ceo
- ManagementJens Holger Nielsen appointed chair of the board
- ManagementAnders Skipper appointed board member
- ManagementMichael Mørk Hansen appointed board member
- OwnershipWRIST SHIP SUPPLY A/S registered as owner (100%)
Related companies
Same industry in København
- Ronald A/S62 employees
- Vitamin Well Danmark ApS57 employees
- Astra Nord ApS43 employees
- TL Concept Nordic ApS28 employees
- Embaco360 A/S15 employees
- klimate ApS15 employees
Same people in management
- Alfa Laval Aalborg A/Svia Anders Skipper
- Wrist Ship Supply A/Svia Anders Skipper
- Vink Plast ApSvia Anders Skipper
- Garrets International A/Svia Anders Skipper
- Saga Shipping A/Svia Anders Skipper
- Danish Supply Corporation A/Svia Anders Skipper
Largest in the industry
- Solar A/SDKK 2.5bn
- Wrist Ship Supply A/SDKK 1.6bn
- Bunzl Distribution Danmark A/SDKK 121.7m
- Icm A/SDKK 112.4m
- Arcane Tinmen ApSDKK 109.5m
- Dansk Nordenta A/SDKK 93.6m
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.