True. ApS
Private limited companyCVR 38460161GlostrupActive
True. ApS is a private limited company, based in Glostrup, active in manufacture of cocoa, chocolate and sugar confectionery, founded in 2017. The company went from a profit in 2024 to a loss of DKK 1.5m in 2025. Measured by gross profit, it ranks no. 8 of 40 companies in the industry in the database. With 65 employees, the company is about 5 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 58% (2024 → 2025), to DKK 29.7m.
- Net profit went from a profit of DKK 132k to a loss of DKK 1.5m (2024 → 2025).
- Equity fell 8% (2024 → 2025), to DKK 17m.
Employees
- 9 more employees than a year earlier: 65 (07/2026) against 56 (07/2025).
Management and owners, last 24 months
- Stepped down: Morten Paulin Ebdrup (director, 31/12/2024), Peter Juul Regnersgaard (director, 31/12/2024) and Simon Gustav Seved Petrén (chair of the board, 01/11/2025).
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 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 | 11,159 | 14,881 | 14,567 | 23,814 | 18,755 | 29,661 | +58.2% |
| Operating profit (EBIT) | 2,948 | −334 | 4,930 | 8,759 | 1,605 | 2,332 | +45.3% |
| Profit before tax | 2,671 | −728 | 4,882 | 7,888 | 121 | −1,864 | −1,640.9% |
| Net profit | 2,070 | −514 | 3,912 | 6,153 | 132 | −1,468 | −1,215.1% |
| Total assets | 12,092 | 27,222 | 37,106 | 40,343 | 72,905 | 88,200 | +21% |
| Equity | 4,562 | 8,448 | 12,360 | 18,313 | 18,445 | 16,976 | −8% |
| Liabilities | 7,531 | 18,774 | 24,170 | 21,178 | 53,620 | 70,778 | +32% |
| Cash and cash equivalents | 1 | 750 | 558 | 4,201 | 2,487 | 1,825 | −26.6% |
| Average number of employees | 17 | 29 | 30 | 23 | 29 | 41 | +41.4% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 11/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 07/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 22/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 05/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 12/04/2021 | 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
40 companies in the databaseComparison with the other companies in manufacture of cocoa, chocolate and sugar confectionery based on the latest financial year.
Industry median: gross profit DKK 7m, net profit DKK 300k, equity DKK 2.3m, 13 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 2,791of 4,412 Better than 37% | No. 2,364of 4,466 Better than 47% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 1,302of 33,579 Better than 96% | No. 2,597of 33,678 Better than 92% |
| All companies of type ApS66,508 companies in the comparison | No. 1,472of 66,379 Better than 98% | No. 4,735of 66,505 Better than 93% |
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 cocoa, chocolate and sugar confectionery- True. ApSDKK 29.7m
- Haribo Produktion A/SDKK 425.2m
- Toms Gruppen A/SDKK 408.9m
- True. ApS−DKK 1.5m
- Haribo Produktion A/SDKK 339.6m
- Toms Gruppen A/SDKK 41.2m
- True. ApSDKK 17m
- Haribo Produktion A/SDKK 507.8m
- Toms Gruppen A/SDKK 1.1bn
- True. ApS65
- Haribo Produktion A/S273
- Toms Gruppen A/S483
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Group 472 ApS100%
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jacob Jonasen Motzfeldt | Director | 26/07/2017 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Noel Christofer Peter Abdayem | Board member | 14/12/2021 |
| Johan Christer Lennartsson | Board member | 14/12/2021 |
- Founders
- Myggen Holding ApS, Stik Stik Holding ApS
Former management (11)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Morten Paulin Ebdrup | Director | 02/03/2017 | 31/12/2024 |
| Peter Juul Regnersgaard | Director | 02/03/2017 | 31/12/2024 |
| Michael Andersen | Board member | 14/02/2020 | 25/02/2021 |
| Jeppe Christensen | Board member | 14/02/2020 | 25/02/2021 |
| Steen Nordstrøm | Chair of the board | 14/02/2020 | 14/12/2021 |
| Peter Juul Regnersgaard | Board member | 14/02/2020 | 14/12/2021 |
| Morten Paulin Ebdrup | Board member | 14/02/2020 | 14/12/2021 |
| Jacob Jonasen Motzfeldt | Board member | 14/02/2020 | 14/12/2021 |
| Zabrina Ziegler | Board member | 14/02/2020 | 25/02/2021 |
| Christoph Miller | Board member | 25/02/2021 | 14/12/2021 |
| Simon Gustav Seved Petrén | Chair of the board | 14/12/2021 | 01/11/2025 |
Signing rule: Selskabet tegnes af 1 direktør eller af den samlede bestyrelse.
Address and production units
2 active production unitsFormervangen 13
2600 Glostrup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| True. ApS | Formervangen 13, 2600 Glostrup | 68 | 1022239712 |
| Færdigvarelager | Fabriksparken 25, 2600 Glostrup | – | 1030956563 |
Purpose
Selskabets formål er at producere, markedsføre og sælge tyggegummi.
The purpose is quoted from the register in Danish.
Changes year by year
67 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesmanagement 1 · accounts 1
- ManagementSimon Gustav Seved Petrén stepped down as chair of the board
- AccountsAnnual report for 2024 published
20243 changesmanagement 2 · accounts 1
- ManagementMorten Paulin Ebdrup stepped down as director
- ManagementPeter Juul Regnersgaard stepped down as director
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
202113 changesmanagement 12 · accounts 1
- ManagementNoel Christofer Peter Abdayem appointed board member
- ManagementJohan Christer Lennartsson appointed board member
- ManagementSimon Gustav Seved Petrén appointed chair of the board
- ManagementChristoph Miller stepped down as board member
- ManagementPeter Juul Regnersgaard stepped down as board member
- ManagementMorten Paulin Ebdrup stepped down as board member
- ManagementJacob Jonasen Motzfeldt stepped down as board member
- ManagementSteen Nordstrøm stepped down as chair of the board
- AccountsAnnual report for 2020 published
- ManagementChristoph Miller appointed board member
- ManagementZabrina Ziegler stepped down as board member
- ManagementMichael Andersen stepped down as board member
- ManagementJeppe Christensen stepped down as board member
202015 changesownership 7 · capital 1 · management 7
- OwnershipGroup 472 ApS registered as owner (100%)
- OwnershipJMCP Holding Global ApS is no longer registered as owner
- OwnershipMyggen Holding ApS is no longer registered as owner
- OwnershipJJ Motzfeldt Holding ApS is no longer registered as owner
- OwnershipStik Stik Holding ApS is no longer registered as owner
- CapitalShare capital changed from 61,851 DKK to 66,957 DKK
- ManagementPeter Juul Regnersgaard appointed board member
- ManagementMorten Paulin Ebdrup appointed board member
- ManagementZabrina Ziegler appointed board member
- ManagementJacob Jonasen Motzfeldt appointed board member
- ManagementMichael Andersen appointed board member
- ManagementJeppe Christensen appointed board member
- ManagementSteen Nordstrøm appointed chair of the board
- OwnershipJMCP Holding Global ApS registered as owner (15%)
- OwnershipJMCP Holding Global ApS is no longer registered as owner
20192 changesaddress 2
- AddressMoved to Formervangen 13, 2600 Glostrup
- AddressMoved to Otto Busses Vej 5A, 2450 København SV
20189 changesaddress 1 · capital 2 · ownership 6
- AddressMoved to Otto Busses Vej 5A, 2450 København SV
- CapitalShare capital changed from 59,394 DKK to 61,851 DKK
- CapitalShare capital changed from 56,953 DKK to 59,394 DKK
- OwnershipMyggen Holding ApS registered as owner (25%)
- OwnershipJJ Motzfeldt Holding ApS registered as owner (15%)
- OwnershipStik Stik Holding ApS registered as owner (25%)
- OwnershipJJ Motzfeldt Holding ApS is no longer registered as owner
- OwnershipStik Stik Holding ApS is no longer registered as owner
- OwnershipMyggen Holding ApS is no longer registered as owner
201720 changescapital 3 · ownership 8 · address 3 · name 2 · management 3 · founded 1
- CapitalShare capital changed from 52,750 DKK to 56,953 DKK
- OwnershipJMCP Holding Global ApS registered as owner (10%)
- AddressMoved to Otto Busses Vej 5A, 2450 København SV
- AddressMoved to Ryesgade 126, 3, 2100 København Ø
- NameName changed from Ebdrup Regnersgaard Motzfeldt IVS to True. ApS
- CapitalShare capital changed from 49,000 DKK to 52,750 DKK
- AddressMoved to Otto Busses Vej 5A, 2450 København SV
- NameName changed from Ebdrup Regnersgaard IVS to Ebdrup Regnersgaard Motzfeldt IVS
- CapitalShare capital changed from 2 DKK to 49,000 DKK
- ManagementJacob Jonasen Motzfeldt appointed director
- OwnershipJJ Motzfeldt Holding ApS registered as owner (20%)
- OwnershipStik Stik Holding ApS registered as owner (33.33%)
- OwnershipMyggen Holding ApS registered as owner (33.33%)
- OwnershipMyggen Holding ApS is no longer registered as owner
- OwnershipStik Stik Holding ApS is no longer registered as owner
- FoundedRegistered as Ebdrup Regnersgaard IVS
- ManagementMorten Paulin Ebdrup appointed director
- ManagementPeter Juul Regnersgaard appointed director
- OwnershipMyggen Holding ApS registered as owner (50%)
- OwnershipStik Stik Holding ApS registered as owner (50%)
Related companies
Same people in management
- Hansens Flødeis ApSvia Steen Nordstrøm
- Jensens Foods A/Svia Steen Nordstrøm
- United Group Manufacturing A/Svia Steen Nordstrøm
- Diafarm A/Svia Steen Nordstrøm
- Jan Import A/Svia Steen Nordstrøm
- Majland A/Svia Steen Nordstrøm
Largest in the industry
- Haribo Produktion A/SDKK 425.2m
- Toms Gruppen A/SDKK 408.9m
- Lakrids By Johan Bülow A/SDKK 295.1m
- Carletti A/SDKK 159.1m
- Odense Marcipan A/SDKK 156m
- Summerbird A/SDKK 79.4m
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.