swapped ApS
Private limited companyCVR 42865397BrabrandActive
swapped ApS is a private limited company, based in Brabrand, active in security and commodity contracts brokerage, founded in 2021. Net profit rose 80% from 2024 to 2025, ending at DKK 3.8m. Measured by gross profit, it ranks no. 2 of 16 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
Gross profitDKK 5.4m+88.4% vs. 2024
Net profitDKK 3.8m+79.6% vs. 2024
EquityDKK 4.9m+105.9% vs. 2024
Employees8latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 88% (2024 → 2025), to DKK 5.4m.
- Net profit rose 80% (2024 → 2025), to DKK 3.8m.
- Equity rose 106% (2024 → 2025), to DKK 4.9m.
Management and owners, last 24 months
- New in management: Thomas Franklin (director, 29/09/2026).
- Stepped down: Jonathan Conrad Bau (director, 29/09/2026) and Thomas Franklin (ceo, 08/12/2024).
- New owners registered: swapped Holding ApS (11/09/2026), Shorely PTE Limited (28/10/2024) and consultantship it services ltd (06/01/2025) (+29).
- No longer registered as owner: Felix Michael Römer (28/10/2024), Jonathan Conrad Bau (13/01/2025) and Fips Holding B.V. (28/11/2024) (+32).
Registrations, last 24 months
- 08/05/2026: Share capital changed from 112,618 DKK to 116,098 DKK
- 04/05/2026: Share capital changed from 102,970 DKK to 112,618 DKK
- 01/10/2025: Share capital changed from 90,228 DKK to 102,970 DKK
- 19/06/2025: Share capital changed from 89,888 DKK to 90,228 DKK
- 04/02/2025: Moved to Rosbjergvej 22A, Årslev, 8220 Brabrand
- 28/01/2025: Share capital changed from 89,552 DKK to 89,888 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 | 4,035 | not stated | not stated | – |
| Gross profit | −29 | 197 | 2,844 | 5,358 | +88.4% |
| Operating profit (EBIT) | −29 | 197 | 2,844 | 5,358 | +88.4% |
| Profit before tax | −29 | 186 | 2,747 | 4,997 | +81.9% |
| Net profit | −29 | 186 | 2,139 | 3,841 | +79.6% |
| Total assets | 318 | 264 | 10,505 | 8,416 | −19.9% |
| Equity | 11 | 231 | 2,378 | 4,896 | +105.9% |
| Liabilities | 307 | 33 | 8,127 | 3,520 | −56.7% |
| Cash and cash equivalents | 169 | 260 | 432 | 445 | +3% |
| Average number of employees | 0 | 0 | – | 1 | – |
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, 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
Annual reports
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/07/2024 – 30/06/2025 | 19/01/2026 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 21/01/2025 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 15/01/2024 | The company | PDF not statedXBRL |
| 2022 | 23/11/2021 – 30/06/2022 | 20/01/2023 | The company | PDF not statedXBRL |
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
17 companies in the databaseComparison with the other companies in security and commodity contracts brokerage based on the latest financial year.
Gross profitDKK 5.4mNo. 2 of 16
Better than 93% of the companies in the industry
EquityDKK 4.9mNo. 5 of 17
Better than 75% of the companies in the industry
Number of employees8No. 10 of 17
Better than 44% of the companies in the industry
Industry median: gross profit DKK 723k, net profit DKK 186k, equity DKK 1.7m, 2 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. 12,334of 69,742 Better than 82% | No. 14,364of 69,964 Better than 79% |
| Same industry and fewer than 20 employees17 companies in the comparison | No. 2of 16 Better than 93% | No. 5of 17 Better than 75% |
| Companies that are founded within the last five years16,675 companies in the comparison | No. 2,091of 16,627 Better than 87% | No. 1,331of 16,674 Better than 92% |
| All companies of type ApS66,508 companies in the comparison | No. 12,840of 66,379 Better than 81% | No. 11,433of 66,505 Better than 83% |
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
Security and commodity contracts brokerageGross profit
- swapped ApSDKK 5.4m
- Tavex A/SDKK 19.4m
- Global Exchange Denmark ApSDKK 3.8m
Net profit
- swapped ApSDKK 3.8m
- Tavex A/SDKK 1.2m
- Global Exchange Denmark ApSDKK 797k
Equity
- swapped ApSDKK 4.9m
- Tavex A/SDKK 1.8m
- Global Exchange Denmark ApSDKK 29m
Employees
- swapped ApS8
- Tavex A/S16
- Global Exchange Denmark ApS10
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- swapped Holding ApS100%
swapped ApS
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thomas Franklin | Director | 29/09/2026 |
- Founders
- Jonathan Conrad Bau, Scandinavian Holdings ApS
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jonathan Conrad Bau | Director | 23/11/2021 | 29/09/2026 |
| Thomas Franklin | CEO | 23/11/2021 | 08/12/2024 |
Signing rule: Selskabet tegnes af 1 direktør.
Address and production units
2 active production unitsRosbjergvej 22A
8220 Brabrand
Aarhus Municipality · Postcode 8220
Other companies at the address (1)
- Baum Guitars ApSManufacture of musical instruments
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Aarhus Kontor | Graven 3C, 8000 Aarhus C | 8 | 1032612829 |
| swapped ApS | Rosbjergvej 22A, Årslev, 8220 Brabrand | 7 | 1027765145 |
Purpose
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
The purpose is quoted from the register in Danish.
Changes year by year
102 registered events32021
22022
32023
202024
362025
382026
202638 changesmanagement 2 · ownership 33 · capital 2 · accounts 1
- ManagementThomas Franklin appointed director
- ManagementJonathan Conrad Bau stepped down as director
- Ownershipswapped Holding ApS registered as owner (100%)
- OwnershipEasygo Entertainment Pty Ltd is no longer registered as owner
- OwnershipBeugg Family Office LLC is no longer registered as owner
- OwnershipFranklin Capital ApS is no longer registered as owner
- OwnershipFelix Michael Römer is no longer registered as owner
- OwnershipJonathan Conrad Bau is no longer registered as owner
- OwnershipEasygo Entertainment Pty Ltd registered as owner (20%)
- OwnershipBeugg Family Office LLC registered as owner (20%)
- OwnershipFranklin Capital ApS registered as owner (25%)
- OwnershipThomas Franklin is no longer registered as owner
- OwnershipEasygo Entertainment Pty Ltd is no longer registered as owner
- OwnershipBeugg Family Office LLC is no longer registered as owner
- OwnershipFelix Michael Römer registered as owner (20%)
- OwnershipDenwena Limited is no longer registered as owner
- OwnershipFelix Michael Römer is no longer registered as owner
- OwnershipThomas Franklin registered as owner (25%)
- OwnershipThomas Franklin is no longer registered as owner
- CapitalShare capital changed from 112,618 DKK to 116,098 DKK
- CapitalShare capital changed from 102,970 DKK to 112,618 DKK
- OwnershipFelix Michael Römer registered as owner (15%)
- OwnershipEasygo Entertainment Pty Ltd registered as owner (15%)
- OwnershipBeugg Family Office LLC registered as owner (15%)
- OwnershipBeugg Family Office LLC is no longer registered as owner
- OwnershipFelix Michael Römer is no longer registered as owner
- OwnershipEasygo Entertainment Pty Ltd is no longer registered as owner
- OwnershipThomas Franklin registered as owner (20%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- Ownershipconsultantship it services ltd registered as owner (20%)
- OwnershipJonathan Conrad Bau registered as owner (5%)
- OwnershipJonathan Conrad Bau is no longer registered as owner
- Ownershipconsultantship it services ltd is no longer registered as owner
- AccountsAnnual report for 2025 published
- OwnershipJonathan Conrad Bau registered as owner (10%)
- OwnershipBeugg Family Office LLC registered as owner (20%)
- OwnershipJonathan Conrad Bau is no longer registered as owner
- OwnershipBeugg Family Office LLC is no longer registered as owner
202536 changesownership 31 · capital 3 · address 1 · accounts 1
- OwnershipFelix Michael Römer registered as owner (20%)
- OwnershipShorely PTE Limited is no longer registered as owner
- OwnershipJonathan Conrad Bau registered as owner (15%)
- OwnershipEasygo Entertainment Pty Ltd registered as owner (10%)
- OwnershipDenwena Limited registered as owner (5%)
- OwnershipBeugg Family Office LLC registered as owner (15%)
- OwnershipShorely PTE Limited registered as owner (20%)
- Ownershipconsultantship it services ltd registered as owner (15%)
- OwnershipDenwena Limited is no longer registered as owner
- Ownershipconsultantship it services ltd is no longer registered as owner
- OwnershipBeugg Family Office LLC is no longer registered as owner
- OwnershipJonathan Conrad Bau is no longer registered as owner
- OwnershipShorely PTE Limited is no longer registered as owner
- CapitalShare capital changed from 90,228 DKK to 102,970 DKK
- OwnershipDenwena Limited registered as owner (5%)
- OwnershipThomas Edward Christopher Rowe is no longer registered as owner
- OwnershipDenwena Limited is no longer registered as owner
- CapitalShare capital changed from 89,888 DKK to 90,228 DKK
- Ownershipconsultantship it services ltd registered as owner (20%)
- OwnershipThomas Edward Christopher Rowe registered as owner (5%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- Ownershipconsultantship it services ltd registered as owner (20%)
- OwnershipBeugg Family Office LLC registered as owner (20%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- OwnershipBeugg Family Office LLC is no longer registered as owner
- OwnershipDenwena Limited registered as owner (5%)
- Ownershipconsultantship it services ltd registered as owner (33.33%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- OwnershipBeugg Family Office LLC registered as owner (5%)
- AddressMoved to Rosbjergvej 22A, Årslev, 8220 Brabrand
- CapitalShare capital changed from 89,552 DKK to 89,888 DKK
- AccountsAnnual report for 2024 published
- OwnershipJonathan Conrad Bau registered as owner (15%)
- OwnershipJonathan Conrad Bau is no longer registered as owner
- Ownershipconsultantship it services ltd registered as owner (33.33%)
- Ownershipconsultantship it services ltd is no longer registered as owner
202420 changesmanagement 1 · ownership 15 · capital 2 · name 1 · accounts 1
- ManagementThomas Franklin stepped down as ceo
- OwnershipFips Holding B.V. is no longer registered as owner
- OwnershipShorely PTE Limited registered as owner (20%)
- OwnershipFelix Michael Römer is no longer registered as owner
- CapitalShare capital changed from 88,880 DKK to 89,552 DKK
- Ownershipconsultantship it services ltd registered as owner (33.33%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- Ownershipconsultantship it services ltd registered as owner (50%)
- OwnershipFips Holding B.V. registered as owner (5%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- NameName changed from BitInvestor ApS to swapped ApS
- OwnershipJonathan Conrad Bau registered as owner (20%)
- OwnershipFelix Michael Römer registered as owner (10%)
- Ownershipconsultantship it services ltd registered as owner (50%)
- Ownershipconsultantship it services ltd is no longer registered as owner
- OwnershipFelix Michael Römer is no longer registered as owner
- CapitalShare capital changed from 44,440 DKK to 88,880 DKK
- Ownershipconsultantship it services ltd registered as owner (50%)
- OwnershipFelix Michael Römer registered as owner (5%)
- AccountsAnnual report for 2023 published
20233 changesaddress 1 · capital 1 · accounts 1
- AddressMoved to Rosbjergvej 22A, Årslev, 8220 Brabrand
- CapitalShare capital changed from 40,000 DKK to 44,440 DKK
- AccountsAnnual report for 2022 published
20222 changesaddress 2
- AddressMoved to Rosbjergvej 22A, Årslev, 8220 Brabrand
- AddressMoved to Rosbjergvej 58S, Årslev, 8220 Brabrand
20213 changesfounded 1 · management 2
- FoundedRegistered as BitInvestor ApS
- ManagementJonathan Conrad Bau appointed director
- ManagementThomas Franklin appointed ceo
Related companies
Same industry in Aarhus
- Fondsmæglerselskabet Marselis A/S26 employees
- Falcon Fondsmæglerselskab A/S12 employees
- Aros Capital Fondsmæglerselskab A/S6 employees
- Balance Privatinvestor A/S3 employees
Same people in management
- Baum Guitars ApSvia Jonathan Conrad Bau
Largest in the industry
- Tavex A/SDKK 19.4m
- Global Exchange Denmark ApSDKK 3.8m
- GC Exchange A/SDKK 3.4m
- F10 Fondsmæglerselskab A/SDKK 2.9m
- MHS Corporate Finance P/SDKK 1.7m
- Aalborg Money Exchange ApSDKK 1.7m
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.