Toba Advice A/S
Public limited companyCVR 37424277Aarhus CActive
Toba Advice A/S is a public limited company, based in Aarhus C, active in other activities auxiliary to financial services, except insurance and pension funding, founded in 2016. The company made a loss in both 2024 and 2025, most recently DKK 4.9m. Equity fell to DKK 367k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 190% (2024 → 2025), to DKK 3.8m.
- The loss got smaller: from DKK 9m to DKK 4.9m (2024 → 2025).
- Equity fell 27% (2024 → 2025), to DKK 367k.
Employees
- 2 fewer employees than a year earlier: 11 (07/2026) against 13 (07/2025).
Management and owners, last 24 months
- New owners registered: Bygballe Enemark Holding ApS (09/01/2025), BTA2024 Holding ApS (09/01/2025) and Medarbejderinvest 2024 ApS (09/01/2025).
Registrations, last 24 months
- 31/10/2025: Share capital changed from 2,000,000 DKK to 460,000 DKK
- 09/01/2025: Share capital changed from 1,770,000 DKK to 2,000,000 DKK
- 01/01/2025: Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 7,848 | 13,064 | 20,082 | 3,154 | 1,324 | 3,845 | +190.4% |
| Operating profit (EBIT) | −4,284 | 105 | 9,286 | −9,101 | −7,576 | −4,968 | +34.4% |
| Profit before tax | −4,475 | 60 | 9,358 | −8,929 | −7,610 | −4,998 | +34.3% |
| Net profit | −3,496 | 36 | 7,279 | −7,015 | −8,963 | −4,865 | +45.7% |
| Total assets | 9,311 | 8,985 | 18,462 | 10,380 | 7,497 | 6,972 | −7% |
| Equity | 2,217 | 2,253 | 9,532 | 2,516 | 504 | 367 | −27.1% |
| Liabilities | 7,093 | 6,732 | 8,930 | 7,863 | 6,992 | 6,605 | −5.5% |
| Cash and cash equivalents | 4,224 | 4,535 | 9,048 | 1,033 | 3,820 | 2,518 | −34.1% |
| Average number of employees | 15 | 15 | 11 | 13 | 10 | 11 | +10% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Low equity ratio
Equity makes up 5% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 17/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 17/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 02/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 19/05/2021 | 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
136 companies in the databaseComparison with the other companies in other activities auxiliary to financial services, except insurance and pension funding based on the latest financial year.
Industry median: gross profit DKK 3.2m, net profit DKK 326k, equity DKK 2.7m, 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. 17,852of 69,742 Better than 74% | No. 45,357of 69,964 Better than 35% |
| Same industry and fewer than 20 employees112 companies in the comparison | No. 41of 111 Better than 64% | No. 86of 112 Better than 23% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 10,811of 33,588 Better than 68% | No. 21,505of 33,687 Better than 36% |
| All companies of type A/S18,025 companies in the comparison | No. 12,887of 17,786 Better than 28% | No. 16,853of 18,024 Better than 6% |
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
Other activities auxiliary to financial services, except insurance and pension funding- Toba Advice A/SDKK 3.8m
- BEC Financial Technologies a.m.b.a.DKK 2.1bn
- Mastercard Payment Services Denmark A/SDKK 609.7m
- Toba Advice A/S−DKK 4.9m
- BEC Financial Technologies a.m.b.a.DKK 39.7m
- Mastercard Payment Services Denmark A/SDKK 747m
- Toba Advice A/SDKK 367k
- BEC Financial Technologies a.m.b.a.DKK 1.4bn
- Mastercard Payment Services Denmark A/SDKK 1.5bn
- Toba Advice A/S11
- BEC Financial Technologies a.m.b.a.851
- Mastercard Payment Services Denmark A/S276
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Bygballe Enemark Holding ApS10%
- BTA2024 Holding ApS66.67%
- Medarbejderinvest 2024 ApS20%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Anders Grauslund Bentholm | CEO | 01/03/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Dennis Birkeholm Larsen | Board member | 31/05/2023 |
| Bertel Roslev Rasmussen | Board member | 01/03/2024 |
| Peter Bager | Board member | 09/10/2024 |
- Founders
- Laux Capital ApS
Former management (13)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Johann Daniel Laux | Director | 27/01/2016 | 03/12/2019 |
| Johann Daniel Laux | Board member | 27/01/2016 | 15/06/2022 |
| Tim Vrelits Henningsen | Chair of the board | 27/01/2016 | 25/09/2016 |
| Maria Nørgaard Laux | Board member | 27/01/2016 | 05/07/2018 |
| Allan Dam Nielsen | Chair of the board | 01/01/2017 | 31/08/2021 |
| Jan Stig Andersen | Board member | 05/07/2018 | 30/04/2023 |
| Tonny Elsberg | CEO | 03/12/2019 | 31/12/2022 |
| Tonny Elsberg | Board member | 16/06/2022 | 17/09/2022 |
| Johann Daniel Laux | Chair of the board | 16/06/2022 | 27/05/2023 |
| Tonny Elsberg | Board member | 01/01/2023 | 27/05/2023 |
| Marco Kyun Knudsen | CEO | 01/01/2023 | 29/02/2024 |
| Tobias Møller Jensen | Board member | 27/05/2023 | 29/12/2023 |
| Pernille Ranegaard Hammer | Board member | 27/05/2023 | 30/09/2024 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
1 active production unitsStore Torv 3C
8000 Aarhus C
Aarhus Municipality · Postcode 8000
Other companies at the address (1)
- Azpire Capital ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Toba Advice A/S | Store Torv 3C, 2, 8000 Aarhus C | 10 | 1021123540 |
Purpose
Selskabets formål er at drive rådgivningsvirksomhed vedrørende valg af investeringsrådgiver i wealth-segmentet samt enhver aktivitet, der efter bestyrelsens skøn står i forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
61 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20257 changescapital 2 · accounts 1 · ownership 3 · industry 1
- CapitalShare capital changed from 2,000,000 DKK to 460,000 DKK
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 1,770,000 DKK to 2,000,000 DKK
- OwnershipMedarbejderinvest 2024 ApS registered as owner (20%)
- OwnershipBygballe Enemark Holding ApS registered as owner (10%)
- OwnershipBTA2024 Holding ApS registered as owner (66.67%)
- IndustryIndustry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
202415 changesname 1 · capital 1 · management 5 · ownership 7 · accounts 1
- NameName changed from Selected Advice A/S to Toba Advice A/S
- CapitalShare capital changed from 600,000 DKK to 1,770,000 DKK
- ManagementPeter Bager appointed board member
- OwnershipMedarbejderinvest 2024 ApS registered as owner (20%)
- OwnershipMedarbejderinvest 2024 ApS is no longer registered as owner
- OwnershipBTA2024 Holding ApS registered as owner (66.67%)
- OwnershipBTA2024 Holding ApS is no longer registered as owner
- OwnershipBTA2024 Holding ApS is no longer registered as owner
- OwnershipBTA2024 Holding ApS registered as owner (100%)
- OwnershipSelected Group A/S is no longer registered as owner
- ManagementPernille Ranegaard Hammer stepped down as board member
- AccountsAnnual report for 2023 published
- ManagementBertel Roslev Rasmussen appointed board member
- ManagementAnders Grauslund Bentholm appointed ceo
- ManagementMarco Kyun Knudsen stepped down as ceo
202311 changesmanagement 9 · accounts 1 · address 1
- ManagementTobias Møller Jensen stepped down as board member
- AccountsAnnual report for 2022 published
- ManagementDennis Birkeholm Larsen appointed board member
- ManagementPernille Ranegaard Hammer appointed board member
- ManagementTobias Møller Jensen appointed board member
- ManagementTonny Elsberg stepped down as board member
- ManagementJohann Daniel Laux stepped down as chair of the board
- ManagementJan Stig Andersen stepped down as board member
- AddressMoved to Store Torv 3C, 2, 8000 Aarhus C
- ManagementMarco Kyun Knudsen appointed ceo
- ManagementTonny Elsberg appointed board member
20226 changesmanagement 5 · accounts 1
- ManagementTonny Elsberg stepped down as ceo
- ManagementTonny Elsberg stepped down as board member
- ManagementJohann Daniel Laux appointed chair of the board
- ManagementTonny Elsberg appointed board member
- ManagementJohann Daniel Laux stepped down as board member
- AccountsAnnual report for 2021 published
20213 changesname 1 · management 1 · accounts 1
- NameName changed from Proveo A/S to Selected Advice A/S
- ManagementAllan Dam Nielsen stepped down as chair of the board
- AccountsAnnual report for 2020 published
20194 changescapital 1 · management 2 · address 1
- CapitalShare capital changed from 500,000 DKK to 600,000 DKK
- ManagementTonny Elsberg appointed ceo
- ManagementJohann Daniel Laux stepped down as director
- AddressMoved to Godthåbsvej 33, 8660 Skanderborg
20184 changesmanagement 2 · ownership 2
- ManagementJan Stig Andersen appointed board member
- ManagementMaria Nørgaard Laux stepped down as board member
- OwnershipSelected Group A/S registered as owner (100%)
- OwnershipLaux Capital ApS is no longer registered as owner
20172 changesaddress 1 · management 1
- AddressMoved to Adelgade 85A, 3, 8660 Skanderborg
- ManagementAllan Dam Nielsen appointed chair of the board
20168 changesmanagement 5 · industry 1 · founded 1 · ownership 1
- ManagementTim Vrelits Henningsen stepped down as chair of the board
- IndustryIndustry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
- FoundedRegistered as Proveo A/S
- ManagementJohann Daniel Laux appointed director
- ManagementMaria Nørgaard Laux appointed board member
- ManagementTim Vrelits Henningsen appointed chair of the board
- ManagementJohann Daniel Laux appointed board member
- OwnershipLaux Capital ApS registered as owner (100%)
Related companies
Same industry in Aarhus
- Clearhaus A/S71 employees
- Finobo Group ApS47 employees
- Hemonto A/S41 employees
- QuickPay ApS22 employees
- S5 ApS14 employees
- Mazepay A/S11 employees
Same people in management
- ECCO Sko A/Svia Jan Stig Andersen
- Tvilum A/S 2018via Peter Bager
- DK Company Vejle A/Svia Jan Stig Andersen
- A/S Jydsk Aluminium Industrivia Peter Bager
- Nordic Greens Bellinge A/Svia Peter Bager
- Rains ApSvia Jan Stig Andersen
Largest in the industry
- BEC Financial Technologies a.m.b.a.DKK 2.1bn
- Mastercard Payment Services Denmark A/SDKK 609.7m
- VP Securities A/SDKK 534.2m
- Pleo Financial Services A/SDKK 259m
- Framm ApSDKK 131.9m
- Scalepoint Technologies Denmark A/SDKK 107.5m
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.