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Tip Top Sport ApS

Private limited companyCVR 80684215SkagenActive

Tip Top Sport ApS is a private limited company, based in Skagen, active in retail sale of sports and leisure equipment, founded in 1977. Net profit rose 647% from 2024 to 2025, ending at DKK 1.4m. With 24 employees, the company is about 7 times larger than the industry median. Equity grew to DKK 4.3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 7.2m+29.2% vs. 2024
Net profitDKK 1.4m+647% vs. 2024
EquityDKK 4.3m+39.3% vs. 2024
Employees24latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 29% (2024 → 2025), to DKK 7.2m.
  • Net profit rose 647% (2024 → 2025), to DKK 1.4m.
  • Equity rose 39% (2024 → 2025), to DKK 4.3m.

Employees

  • 7 more employees than a year earlier: 24 (07/2026) against 17 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of sports and leisure equipment (476310)

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 4m202020212022202320242025
EquityNet profit
Financial figures for Tip Top Sport ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,1425,2535,3975,3565,5407,159+29.2%
Operating profit (EBIT)–1,4871,1895896542,109+222.3%
Profit before tax8371,2691,0582592431,741+617.3%
Net profit6521,0458151991881,405+647%
Total assets13,33213,49112,49112,85213,35813,375+0.1%
Equity3,3184,0632,8783,0773,0654,270+39.3%
Liabilities9,7979,2089,3809,53010,0288,752−12.7%
Cash and cash equivalents5801,126745632431+1,236.5%
Average number of employees910111111110%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (292 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 Tip Top Sport ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202110/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202023/06/2021The 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
051015202507/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2605/2606/2607/26
Employees

Position in the industry

292 companies in the database

Comparison with the other companies in retail sale of sports and leisure equipment based on the latest financial year.

Gross profitDKK 7.2mNo. 39 of 292
Better than 87% of the companies in the industry
EquityDKK 4.3mNo. 71 of 292
Better than 76% of the companies in the industry
Number of employees24No. 38 of 292
Better than 87% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 139k, equity DKK 1.4m, 4 employees.

DKK 100kDKK 783kDKK 6.1mDKK 48mDKK 189mHere
Distribution of gross profit for 274 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. 6,787of 9,892
Better than 31%
No. 5,067of 9,922
Better than 49%
Same industry and 20–49 employees28 companies in the comparison
No. 17of 28
Better than 41%
No. 17of 28
Better than 41%
Companies that are at least 30 years old10,276 companies in the comparison
No. 4,868of 10,152
Better than 52%
No. 6,504of 10,275
Better than 37%
All companies of type ApS66,508 companies in the comparison
No. 9,227of 66,379
Better than 86%
No. 12,561of 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

Retail sale of sports and leisure equipment
Gross profit
  1. Tip Top Sport ApSDKK 7.2m
  2. Sport 24 A/SDKK 375.3m
  3. Sportmaster Danmark ApSDKK 181.3m
Net profit
  1. Tip Top Sport ApSDKK 1.4m
  2. Sport 24 A/SDKK 45.3m
  3. Sportmaster Danmark ApS−DKK 9.3m
Equity
  1. Tip Top Sport ApSDKK 4.3m
  2. Sport 24 A/SDKK 214.4m
  3. Sportmaster Danmark ApS−DKK 574.1m
Employees
  1. Tip Top Sport ApS24
  2. Sport 24 A/S1,282
  3. Sportmaster Danmark ApS226

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
  • Tts Holding, Skagen ApS10%
  • M. Munk Holding ApS33.33%
  • Munk Nielsen Holding ApS33.33%
Tip Top Sport ApS

Management

8 active registrations

Executive management

Executive management at Tip Top Sport ApS
NameRoleAppointed
Jette NielsenDirector08/03/1977
Michael Munk NielsenDirector08/12/2016
Mathias Sarusi MunkDirector26/06/2023

Board of directors

Board of directors at Tip Top Sport ApS
NameRoleAppointed
Bjarne Fuglsang NielsenChair of the board08/12/2016
Jette NielsenBoard member08/12/2016
Mathias Sarusi MunkBoard member08/12/2016
Michael Munk NielsenBoard member08/12/2016
Anne-Mette NielsenBoard member08/12/2016
Former management (1)
Former management at Tip Top Sport ApS
NameRoleAppointedResigned
Bjarne Fuglsang NielsenDirector08/03/197726/06/2023

Signing rule: Selskabet tegnes af 3 direktører i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Sct. Laurentii Vej 38
9990 Skagen

Frederikshavn Municipality · Postcode 9990

Production units
Production unitAddressEmployeesP number
TIP TOP SPORT APSSct. Laurentii Vej 38, 9990 Skagen121002603461
Tip Top ErhvervIsvej 5, 9990 Skagen111024794039

Purpose

Selskabets formål er at drive forretning/handel og anden i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of sports and leisure equipment (476310)
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Mathias Sarusi Munk appointed director
  • Bjarne Fuglsang Nielsen stepped down as director
20227 changesownership 6 · accounts 1
  • TTS HOLDING, SKAGEN ApS registered as owner (10%)
  • Munk Nielsen Holding ApS registered as owner (33.33%)
  • M. Munk Holding ApS registered as owner (33.33%)
  • M. Munk Holding ApS is no longer registered as owner
  • TTS HOLDING, SKAGEN ApS is no longer registered as owner
  • Munk Nielsen Holding ApS is no longer registered as owner
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20196 changesownership 6
  • M. Munk Holding ApS registered as owner (20%)
  • TTS HOLDING, SKAGEN ApS registered as owner (50%)
  • Munk Nielsen Holding ApS registered as owner (20%)
  • TTS HOLDING, SKAGEN ApS is no longer registered as owner
  • Munk Nielsen Holding ApS is no longer registered as owner
  • M. Munk Holding ApS is no longer registered as owner
201610 changesmanagement 6 · ownership 4
  • Bjarne Fuglsang Nielsen appointed chair of the board
  • Jette Nielsen appointed board member
  • Mathias Sarusi Munk appointed board member
  • Michael Munk Nielsen appointed board member
  • Anne-Mette Nielsen appointed board member
  • Michael Munk Nielsen appointed director
  • TTS HOLDING, SKAGEN ApS registered as owner (66.67%)
  • Munk Nielsen Holding ApS registered as owner (10%)
  • M. Munk Holding ApS registered as owner (10%)
  • TTS HOLDING, SKAGEN ApS is no longer registered as owner
20081 changeindustry 1
  • Industry changed to Forhandlere af sports- og campingudstyr (476410)
20071 changeaddress 1
  • Moved to Sct. Laurentii Vej 38, 9990 Skagen
20001 changeownership 1
  • TTS HOLDING, SKAGEN ApS registered as owner (100%)
19961 changecapital 1
  • Share capital changed from 80,000 DKK to 200,000 DKK
19773 changesfounded 1 · management 2
  • Registered as TIP TOP SPORT ApS
  • Bjarne Fuglsang Nielsen appointed director
  • Jette Nielsen appointed director

Related companies

Same industry in Frederikshavn

See all →

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