Volsted Distillery ApS

Private limited companyCVR 39282135StøvringActive

Volsted Distillery ApS is a private limited company, based in Støvring, active in distilling, rectifying and blending of spirits, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 441k. Equity fell to DKK 437k in 2025.

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Key figures · financial year 2025

Gross profitDKK 498k−42.4% vs. 2024
Net profit−DKK 441k+3.2% vs. 2024
EquityDKK 437k−50.2% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 42% (2024 → 2025), to DKK 498k.
  • The loss got smaller: from DKK 456k to DKK 441k (2024 → 2025).
  • Equity fell 50% (2024 → 2025), to DKK 437k.

Employees

  • 1 more employees than a year earlier: 3 (07/2026) against 2 (07/2025).

Management and owners, last 24 months

  • New in management: Lars Steen Pedersen (board member, 30/10/2024), Thorbjørn Ravn Kaagaard (chair of the board, 30/10/2024) and Ditte Ravn Kaagaard (board member, 30/10/2024) (+1).

Registrations, last 24 months

  • 23/06/2025: Name changed from Volsted Destilleri ApS to Volsted Distillery ApS

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 600k−DKK 400k−DKK 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4m202020212022202320242025
EquityNet profit
Financial figures for Volsted Distillery ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,2662,3111,6071,205864498−42.4%
Operating profit (EBIT)92678682−309−572−531+7.2%
Profit before tax91976869−319−579−563+2.8%
Net profit71559852−249−456−441+3.2%
Total assets1,9822,5202,3051,9951,7701,245−29.7%
Equity8781,3631,301934878437−50.2%
Liabilities1,0981,1571,0031,060892807−9.5%
Cash and cash equivalents9861,15374477832235−89.1%
Average number of employees1332220%

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
Gross profitMedian, the industry (40 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss 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.

  • Equity fell sharply

    Equity fell 50% from 2024 to 2025 (DKK 878k to DKK 437k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Volsted Distillery ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202325/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202223/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202121/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202022/05/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

40 companies in the database

Comparison with the other companies in distilling, rectifying and blending of spirits based on the latest financial year.

Gross profitDKK 498kNo. 27 of 40
Better than 33% of the companies in the industry
EquityDKK 437kNo. 25 of 40
Better than 38% of the companies in the industry
Number of employees3No. 16 of 40
Better than 62% of the companies in the industry

Industry median: gross profit DKK 816k, net profit DKK 606, equity DKK 583k, 2 employees.

DKK 100kDKK 307kDKK 940kDKK 2.9mDKK 6.1mHere
Distribution of gross profit for 37 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 fewer than 20 employees69,967 companies in the comparison
No. 54,302of 69,742
Better than 22%
No. 43,556of 69,964
Better than 38%
Same industry and fewer than 20 employees39 companies in the comparison
No. 26of 39
Better than 34%
No. 24of 39
Better than 39%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 27,623of 33,588
Better than 18%
No. 20,623of 33,687
Better than 39%
All companies of type ApS66,508 companies in the comparison
No. 52,252of 66,379
Better than 21%
No. 39,461of 66,505
Better than 41%

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

Distilling, rectifying and blending of spirits
Gross profit
  1. Volsted Distillery ApSDKK 498k
  2. United Drinks A/SDKK 8.8m
  3. Thy Whisky ApSDKK 4.9m
Net profit
  1. Volsted Distillery ApS−DKK 441k
  2. United Drinks A/SDKK 1.5m
  3. Thy Whisky ApSDKK 1.1m
Equity
  1. Volsted Distillery ApSDKK 437k
  2. United Drinks A/SDKK 2.3m
  3. Thy Whisky ApSDKK 5.5m
Employees
  1. Volsted Distillery ApS3
  2. United Drinks A/S9
  3. Thy Whisky ApS10

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
  • Dos Mares ApS25%
  • TDKAA Holding ApS66.67%
Volsted Distillery ApS

Management

5 active registrations

Executive management

Executive management at Volsted Distillery ApS
NameRoleAppointed
Thorbjørn Ravn KaagaardCEO26/01/2018

Board of directors

Board of directors at Volsted Distillery ApS
NameRoleAppointed
Lars Steen PedersenBoard member30/10/2024
Thorbjørn Ravn KaagaardChair of the board30/10/2024
Ditte Ravn KaagaardBoard member30/10/2024
Mads Hviid CarlsenBoard member30/10/2024
Founders
Thorbjørn Ravn Kaagaard

Signing rule: Selskabet tegnes af den administrerende direktør alene eller af den samlede bestyrelse

Address and production units

2 active production units

Volsted Skolevej 110
9530 Støvring

Aalborg Municipality · Postcode 9530

Production units
Production unitAddressEmployeesP number
Volsted Distillery ApSVolsted Skolevej 110, 9530 Støvring91023290215
Hermesvej 3 Lager og FylderiHermesvej 3, 9530 Støvring–1030003078

Purpose

Selskabets formål er at drive virksomhed med handel og service, samt enhver i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

20 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesname 1 · accounts 1
  • Name changed from Volsted Destilleri ApS to Volsted Distillery ApS
  • Annual report for 2024 published
20249 changesmanagement 4 · ownership 3 · capital 1 · accounts 1
  • Lars Steen Pedersen appointed board member
  • Thorbjørn Ravn Kaagaard appointed chair of the board
  • Ditte Ravn Kaagaard appointed board member
  • Mads Hviid Carlsen appointed board member
  • TDKAA Holding ApS registered as owner (66.67%)
  • Thorbjørn Ravn Kaagaard is no longer registered as owner
  • Share capital changed from 40,000 DKK to 53,333 DKK
  • Dos Mares ApS registered as owner (25%)
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20192 changesname 1 · capital 1
  • Name changed from Volsted Destilleri IVS to Volsted Destilleri ApS
  • Share capital changed from 10,000 DKK to 40,000 DKK
20183 changesfounded 1 · management 1 · ownership 1
  • Registered as Volsted Destilleri IVS
  • Thorbjørn Ravn Kaagaard appointed ceo
  • Thorbjørn Ravn Kaagaard registered as owner (66.67%)

Related companies

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