Up 2 Eleven ApS
Private limited companyCVR 43838873Nykøbing FActive
Up 2 Eleven ApS is a private limited company, based in Nykøbing F, active in retail sale of bread, cakes and confectionery, founded in 2023. After a loss in 2024, the company made a profit of DKK 93,582 in 2025. With 15 employees, the company is about 5 times larger than the industry median. Equity grew to DKK 404k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 21% (2024 → 2025), to DKK 1.9m.
- Net profit went from a loss of DKK 121k to a profit of DKK 93,582 (2024 → 2025).
- Equity rose 30% (2024 → 2025), to DKK 404k.
Employees
- 3 more employees than a year earlier: 15 (07/2026) against 12 (07/2025).
Management and owners, last 24 months
- New in management: Rami Karrar Mizal (director, 14/05/2025) and Hussein Ahmed Noaman Al-Rubaye (director, 14/05/2025).
- Stepped down: Karrar Hashim Mizal (ceo, 14/05/2025).
- New owners registered: Rami Karrar Mizal (01/12/2025) and Hussein Ahmed Noaman Al-Rubaye (01/12/2025).
- No longer registered as owner: Karrar Hashim Mizal (01/12/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of bread, cakes and confectionery (472400)
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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 921 | 1,551 | 1,869 | +20.5% |
| Operating profit (EBIT) | 514 | −74 | 192 | +360.6% |
| Profit before tax | 486 | −122 | 94 | +177% |
| Net profit | 392 | −121 | 94 | +177% |
| Total assets | 1,777 | 1,732 | 2,165 | +25% |
| Equity | 432 | 311 | 404 | +30.1% |
| Liabilities | 1,345 | 1,422 | 1,761 | +23.9% |
| Cash and cash equivalents | 323 | 258 | 173 | −32.9% |
| Average number of employees | 2 | 6 | 5 | −16.7% |
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 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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 18/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 29/06/2025 | The company | PDF not statedXBRL |
| 2023 | 15/01/2023 – 31/12/2023 | 09/07/2024 | 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
91 companies in the databaseComparison with the other companies in retail sale of bread, cakes and confectionery based on the latest financial year.
Industry median: gross profit DKK 932k, net profit DKK 14,561, equity DKK 79,969, 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. 32,360of 69,742 Better than 54% | No. 44,400of 69,964 Better than 37% |
| Same industry and fewer than 20 employees67 companies in the comparison | No. 11of 67 Better than 85% | No. 15of 67 Better than 79% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 6,016of 16,614 Better than 64% | No. 6,423of 16,661 Better than 61% |
| All companies of type ApS66,508 companies in the comparison | No. 31,336of 66,379 Better than 53% | No. 40,316of 66,505 Better than 39% |
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 bread, cakes and confectionery- Up 2 Eleven ApSDKK 1.9m
- I.m. Frellsen K/SDKK 142.1m
- Guldægget ApSDKK 23.8m
- Up 2 Eleven ApSDKK 93,582
- I.m. Frellsen K/SDKK 18.3m
- Guldægget ApS−DKK 131k
- Up 2 Eleven ApSDKK 404k
- I.m. Frellsen K/SDKK 47.8m
- Guldægget ApSDKK 214k
- Up 2 Eleven ApS15
- I.m. Frellsen K/S601
- Guldægget ApS136
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Rami Karrar Mizal33.33%
- Hussein Ahmed Noaman Al-Rubaye33.33%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Rami Karrar Mizal | Director | 14/05/2025 |
| Hussein Ahmed Noaman Al-Rubaye | Director | 14/05/2025 |
- Founders
- Karrar Hashim Mizal
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karrar Hashim Mizal | CEO | 15/01/2023 | 14/05/2025 |
Signing rule: Selskabet tegnes af den samlede direktion.
Address and production units
2 active production unitsTorvet 2
4800 Nykøbing F
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Slikparadiset Frb | Borups Alle 121, 2000 Frederiksberg | 3 | 1029859007 |
| Up 2 Eleven ApS | Torvet 2, kl, 4800 Nykøbing F | 1 | 1029008813 |
Purpose
Selskabets formål er at drive slikbutik og hvad selskabet ledelse eller mener falder herind under.
The purpose is quoted from the register in Danish.
Changes year by year
13 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20258 changesownership 3 · accounts 1 · management 3 · industry 1
- OwnershipRami Karrar Mizal registered as owner (33.33%)
- OwnershipHussein Ahmed Noaman Al-Rubaye registered as owner (33.33%)
- OwnershipKarrar Hashim Mizal is no longer registered as owner
- AccountsAnnual report for 2024 published
- ManagementRami Karrar Mizal appointed director
- ManagementHussein Ahmed Noaman Al-Rubaye appointed director
- ManagementKarrar Hashim Mizal stepped down as ceo
- IndustryIndustry changed to Retail sale of bread, cakes and confectionery (472400)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20233 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Up 2 Eleven ApS
- ManagementKarrar Hashim Mizal appointed ceo
- OwnershipKarrar Hashim Mizal registered as owner (100%)
Related companies
Largest in the industry
- I.m. Frellsen K/SDKK 142.1m
- Guldægget ApSDKK 23.8m
- PTF-Arkadens Isbod ApSDKK 8.8m
- Kastberg IS ApSDKK 8.6m
- Bakebread ApSDKK 7.2m
- Granny's House ApSDKK 6.5m
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.