Upright Music ApS
Private limited companyCVR 30695828København KActive
Upright Music ApS is a private limited company, based in København K, active in sound recording and music publishing, founded in 2007. Net profit rose 10% from 2024 to 2025, ending at DKK 7.3m. Measured by gross profit, it ranks no. 5 of 98 companies in the industry in the database. With 29 employees, the company is about 15 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 fell 1% (2024 → 2025), to DKK 23.5m.
- Net profit rose 10% (2024 → 2025), to DKK 7.3m.
- Equity rose 8% (2024 → 2025), to DKK 17.3m.
Employees
- 2 more employees than a year earlier: 29 (08/2026) against 27 (08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Sound recording and music publishing (592000)
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 | 18,316 | 19,641 | 25,173 | 20,646 | 23,840 | 23,525 | −1.3% |
| Operating profit (EBIT) | 6,990 | 9,102 | 12,549 | 5,401 | 7,146 | 6,974 | −2.4% |
| Profit before tax | 6,764 | 9,392 | 12,612 | 8,192 | 8,265 | 9,133 | +10.5% |
| Net profit | 5,268 | 7,322 | 9,885 | 6,793 | 6,585 | 7,276 | +10.5% |
| Total assets | 26,326 | 29,019 | 34,021 | 39,890 | 40,282 | 41,462 | +2.9% |
| Equity | 10,461 | 12,724 | 16,609 | 15,402 | 15,987 | 17,262 | +8% |
| Liabilities | 15,787 | 16,202 | 17,323 | 24,411 | 24,246 | 24,200 | −0.2% |
| Cash and cash equivalents | 16,575 | 19,731 | 20,299 | 28,128 | 23,689 | 21,386 | −9.7% |
| Average number of employees | 17 | 18 | 21 | 24 | 25 | 27 | +8% |
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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 22/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 27/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 01/07/2021 | 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
98 companies in the databaseComparison with the other companies in sound recording and music publishing based on the latest financial year.
Industry median: gross profit DKK 1.1m, net profit DKK 44,863, equity DKK 605k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 2,186of 9,892 Better than 78% | No. 1,993of 9,922 Better than 80% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 2,938of 24,791 Better than 88% | No. 4,864of 24,909 Better than 80% |
| All companies of type ApS66,508 companies in the comparison | No. 1,998of 66,379 Better than 97% | No. 4,686of 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
Sound recording and music publishing- Upright Music ApSDKK 23.5m
- Sony Music Entertainment Denmark A/SDKK 58.8m
- Warner Music Denmark A/SDKK 41.1m
- Upright Music ApSDKK 7.3m
- Sony Music Entertainment Denmark A/SDKK 11m
- Warner Music Denmark A/SDKK 15.5m
- Upright Music ApSDKK 17.3m
- Sony Music Entertainment Denmark A/SDKK 23.7m
- Warner Music Denmark A/SDKK 124.7m
- Upright Music ApS29
- Sony Music Entertainment Denmark A/S49
- Warner Music Denmark A/S18
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Kaltoft Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jeppe Kaltoft | Director | 27/06/2007 |
- Auditor
- Lægård Revision Statsautoriseret revisionsfirma
- Founders
- Jeppe Kaltoft
Signing rule: Selskabet tegnes af direktøren.
Address and production units
1 active production unitsNiels Hemmingsens Gade 10
1153 København K
| Production unit | Address | Employees | P number |
|---|---|---|---|
| UPRIGHT MUSIC ApS | Niels Hemmingsens Gade 10, 1, 1153 København K | 29 | 1013396236 |
Purpose
Selskabets formål er at drive musikforlagsvirksomhed og konsulentvirksom-hed i tilknytning hertil, herunder yde service i forbindelse med tilvejebringelse af musik til anvendelse i film- og tv-produktioner, samt hermed beslægtet virksomhed inden for musik-, film- og reklamebranchen.
The purpose is quoted from the register in Danish.
Changes year by year
12 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Sound recording and music publishing (592000)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20201 changeaddress 1
- AddressMoved to Niels Hemmingsens Gade 10, 1, 1153 København K
20074 changesownership 1 · industry 1 · founded 1 · management 1
- OwnershipKALTOFT HOLDING ApS registered as owner (100%)
- IndustryIndustry changed to Anden forretningsservice i.a.n. (748790)
- FoundedRegistered as UPRIGHT MUSIC ApS
- ManagementJeppe Kaltoft appointed director
Related companies
Same industry in København
- KM Studio Denmark ApS102 employees
- Sony Music Entertainment Denmark A/S49 employees
- United Stage Danmark ApS42 employees
- Target Group ApS17 employees
- MonoMono ApS16 employees
- Edition Wilhelm Hansen A/S13 employees
Largest in the industry
- Sony Music Entertainment Denmark A/SDKK 58.8m
- Warner Music Denmark A/SDKK 41.1m
- United Stage Danmark ApSDKK 37.8m
- Volbeat ApSDKK 26.1m
- Edition Wilhelm Hansen A/SDKK 16m
- Suspekt 1999 ApSDKK 11.7m
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.