Stepping Stone Brewing Company ApS
Private limited companyCVR 43187899HørningActive
Stepping Stone Brewing Company ApS is a private limited company, based in Hørning, active in manufacture of beer, founded in 2022. Equity was negative at the end of 2025 (−DKK 228k). The company went from a profit in 2024 to a loss of DKK 466k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 118% (2024 → 2025), to −DKK 67,966.
- Net profit went from a profit of DKK 50,924 to a loss of DKK 466k (2024 → 2025).
- Equity turned negative: −DKK 228k (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 2 (07/2026) against 3 (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 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 | −1 | 129 | 384 | −68 | −117.7% |
| Operating profit (EBIT) | −1 | −405 | 53 | −464 | −980.8% |
| Profit before tax | −3 | −405 | 51 | −466 | −1,015.7% |
| Net profit | −2 | −406 | 51 | −466 | −1,015.7% |
| Total assets | 62 | 576 | 808 | 519 | −35.8% |
| Equity | 58 | 188 | 239 | −228 | −195.4% |
| Liabilities | 5 | 388 | 570 | 747 | +31.1% |
| Cash and cash equivalents | 49 | 88 | 535 | 31 | −94.1% |
| Average number of employees | – | 1 | 1 | 0 | −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 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 figuresNegative equity
Equity was −DKK 228k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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 | 28/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 21/07/2024 | The company | PDFXBRL |
| 2022 | 15/04/2022 – 31/12/2022 | 18/02/2023 | 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
67 companies in the databaseComparison with the other companies in manufacture of beer based on the latest financial year.
Industry median: gross profit DKK 1.8m, net profit DKK 26,701, equity DKK 881k, 3 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. 65,421of 69,742 Better than 6% | No. 63,909of 69,964 Better than 9% |
| Same industry and fewer than 20 employees55 companies in the comparison | No. 54of 55 Better than 2% | No. 44of 55 Better than 20% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 15,599of 16,614 Better than 6% | No. 14,659of 16,661 Better than 12% |
| All companies of type ApS66,508 companies in the comparison | No. 62,842of 66,379 Better than 5% | No. 60,302of 66,505 Better than 9% |
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
Manufacture of beer- Stepping Stone Brewing Company ApS−DKK 67,966
- Hancock Bryggerierne A/SDKK 47m
- To Øl ApSDKK 36.6m
- Stepping Stone Brewing Company ApS−DKK 466k
- Hancock Bryggerierne A/SDKK 5.6m
- To Øl ApSDKK 96,018
- Stepping Stone Brewing Company ApS−DKK 228k
- Hancock Bryggerierne A/SDKK 32.2m
- To Øl ApSDKK 20.2m
- Stepping Stone Brewing Company ApS2
- Hancock Bryggerierne A/S84
- To Øl ApS91
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Runee Stusgaard25%
- Simon Grøndahl Lyngholm Jakobsen25%
- Daniel True25%
- Walbert Holding ApS25%
Subsidiaries are shown only if they are in the database.
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Runee Stusgaard | Director | 15/04/2022 |
| Simon Grøndahl Lyngholm Jakobsen | CEO | 15/04/2022 |
| Daniel True | Director | 15/04/2022 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Daniel True | Board member | 15/04/2022 |
| Runee Stusgaard | Board member | 15/02/2023 |
| Martin Falch Rasmussen | Chair of the board | 15/02/2023 |
| Simon Grøndahl Lyngholm Jakobsen | Deputy chair | 15/02/2023 |
- Founders
- Runee Stusgaard, Simon Grøndahl Lyngholm Jakobsen, Daniel True
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Runee Stusgaard | Deputy chair | 15/04/2022 | 14/02/2023 |
| Simon Grøndahl Lyngholm Jakobsen | Chair of the board | 15/04/2022 | 14/02/2023 |
Signing rule: Virksomheden tegnes af direktionen i fællesskab.
Address and production units
1 active production unitsBækkestien 2
8362 Hørning
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Stepping Stone Brewing Company ApS | Bækkestien 2, 8362 Hørning | 3 | 1028161278 |
Purpose
Virksomhedens formål er at brygge øl, og alt det virker der kan være forbundet med dette.
The purpose is quoted from the register in Danish.
Changes year by year
26 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
202311 changescapital 2 · ownership 3 · accounts 1 · management 5
- CapitalShare capital changed from 69,767 DKK to 80,000 DKK
- OwnershipWALBERT HOLDING ApS registered as owner (25%)
- OwnershipWALBERT HOLDING ApS is no longer registered as owner
- CapitalShare capital changed from 60,000 DKK to 69,767 DKK
- AccountsAnnual report for 2022 published
- ManagementRunee Stusgaard appointed board member
- ManagementMartin Falch Rasmussen appointed chair of the board
- ManagementSimon Grøndahl Lyngholm Jakobsen appointed deputy chair
- ManagementRunee Stusgaard stepped down as deputy chair
- ManagementSimon Grøndahl Lyngholm Jakobsen stepped down as chair of the board
- OwnershipWALBERT HOLDING ApS registered as owner (10%)
202212 changesaddress 1 · status 1 · management 6 · ownership 3 · founded 1
- AddressMoved to Bækkestien 2, 8362 Hørning
- StatusStatus changed to active
- ManagementSimon Grøndahl Lyngholm Jakobsen appointed ceo
- ManagementRunee Stusgaard appointed deputy chair
- ManagementDaniel True appointed board member
- ManagementDaniel True appointed director
- ManagementSimon Grøndahl Lyngholm Jakobsen appointed chair of the board
- ManagementRunee Stusgaard appointed director
- OwnershipRunee Stusgaard registered as owner (25%)
- OwnershipSimon Grøndahl Lyngholm Jakobsen registered as owner (25%)
- OwnershipDaniel True registered as owner (25%)
- FoundedRegistered as Stepping Stone Brewing Company ApS
Related companies
Same people in management
- Memira ApSvia Martin Falch Rasmussen
- SSBC Kolding ApSvia Daniel True
Largest in the industry
- Hancock Bryggerierne A/SDKK 47m
- To Øl ApSDKK 36.6m
- Aktieselskabet Thisted Bryghus & Thisted MineralvandsfabrikDKK 19m
- Herslev Bryghus ApSDKK 15.3m
- Svaneke Bryghus A/SDKK 14.5m
- Skagen Bryghus A/SDKK 10.1m
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.