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Waffle Barons ApS

Private limited companyCVR 39670038ViborgActive

Waffle Barons ApS is a private limited company, based in Viborg, active in non-specialised wholesale of food, beverages and tobacco, founded in 2018. Net profit rose 260% from 2024 to 2025, ending at DKK 477k. With 16 employees, the company is about 3 times larger than the industry median. Equity grew to DKK 1.5m in 2025.

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Key figures · financial year 2025

Gross profitDKK 5.9m+228.8% vs. 2024
Net profitDKK 477k+260.1% vs. 2024
EquityDKK 1.5m+218.3% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 229% (2024 → 2025), to DKK 5.9m.
  • Net profit rose 260% (2024 → 2025), to DKK 477k.
  • Equity rose 218% (2024 → 2025), to DKK 1.5m.

Employees

  • 11 fewer employees than a year earlier: 16 (07/2026) against 27 (07/2025).

Registrations, last 24 months

  • 24/11/2025: Merger registered in CVR
  • 24/11/2025: Share capital changed from 43,000 DKK to 43,001 DKK
  • 10/03/2025: Moved to Livøvej 3, 8800 Viborg

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 Waffle Barons ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5961,5422,0842,0801,7845,865+228.8%
Operating profit (EBIT)137283375−4183071,084+253.4%
Profit before tax104255325−522173721+316.7%
Net profit76182243−409132477+260.1%
Total assets9911,5313,8983,0522,7329,764+257.4%
Equity1172987323234561,450+218.3%
Liabilities8661,2103,1432,7292,2768,273+263.4%
Cash and cash equivalents265129111953+176.5%
Average number of employees1––5510+100%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (156 companies)

Annual reports

6 financial years
Annual reports for Waffle Barons ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202421/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202321/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202223/04/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202115/06/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202007/07/2021The 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
0102030405008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

156 companies in the database

Comparison with the other companies in non-specialised wholesale of food, beverages and tobacco based on the latest financial year.

Gross profitDKK 5.9mNo. 69 of 154
Better than 56% of the companies in the industry
EquityDKK 1.5mNo. 101 of 156
Better than 35% of the companies in the industry
Number of employees16No. 53 of 156
Better than 66% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 455k, equity DKK 3.8m, 5 employees.

DKK 121kDKK 1.3mDKK 14.6mDKK 159.9mDKK 790.1mHere
Distribution of gross profit for 147 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. 11,007of 69,742
Better than 84%
No. 28,609of 69,964
Better than 59%
Same industry and fewer than 20 employees113 companies in the comparison
No. 30of 113
Better than 74%
No. 59of 113
Better than 48%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 7,495of 33,588
Better than 78%
No. 12,912of 33,687
Better than 62%
All companies of type ApS66,508 companies in the comparison
No. 11,628of 66,379
Better than 82%
No. 24,566of 66,505
Better than 63%

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

Non-specialised wholesale of food, beverages and tobacco
Gross profit
  1. Waffle Barons ApSDKK 5.9m
  2. Rema 1000 Danmark A/SDKK 1.8bn
  3. Hørkram Foodservice A/SDKK 927.1m
Net profit
  1. Waffle Barons ApSDKK 477k
  2. Rema 1000 Danmark A/SDKK 533.2m
  3. Hørkram Foodservice A/SDKK 120.6m
Equity
  1. Waffle Barons ApSDKK 1.5m
  2. Rema 1000 Danmark A/SDKK 2.8bn
  3. Hørkram Foodservice A/SDKK 1.5bn
Employees
  1. Waffle Barons ApS16
  2. Rema 1000 Danmark A/S187
  3. Hørkram Foodservice A/S1,299

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
  • Aksel Christensen Silva25%
  • W. Barons Holding ApS100%
Waffle Barons ApS

The ownership shares in the register add up to 125%. The register may contain older or indirect holdings that have not been closed. We show them as registered.

Management

2 active registrations

Executive management

Executive management at Waffle Barons ApS
NameRoleAppointed
Christian Rod HøegDirector25/06/2018
Aksel Christensen SilvaCEO25/06/2018
Founders
Nithurshan Thavayogavanian, Alexander Baden, Christian Rod Høeg, Aksel Christensen Silva
Former management (6)
Former management at Waffle Barons ApS
NameRoleAppointedResigned
Nithurshan ThavayogavanianDirector25/06/201813/12/2021
Alexander BadenDirector25/06/201813/12/2021
Jeanette Elgaard CarlssonChair of the board13/12/202101/10/2022
Andreas PetersenBoard member13/12/202130/09/2022
Andreas PetersenChair of the board01/10/202215/02/2023
Christian Rod HøegBoard member01/10/202215/02/2023

Signing rule: Virksomheden tegnes af to direktører i forening.

Address and production units

1 active production units

Livøvej 3
8800 Viborg

Viborg Municipality · Postcode 8800

Production units
Production unitAddressEmployeesP number
Waffle Barons KBH kontorVallensbækvej 65, 2625 Vallensbæk151029124848

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

70 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changescapital 1 · merger 1 · address 1 · accounts 1
  • Share capital changed from 43,000 DKK to 43,001 DKK
  • Merger registered in CVR
  • Moved to Livøvej 3, 8800 Viborg
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
202311 changesaccounts 1 · name 1 · management 2 · ownership 7
  • Annual report for 2022 published
  • Name changed from Vaffelbaronerne ApS to Waffle Barons ApS
  • Andreas Petersen stepped down as chair of the board
  • Christian Rod Høeg stepped down as board member
  • Aksel Christensen Silva registered as owner (25%)
  • W. Barons Holding ApS registered as owner (100%)
  • AND Well ApS is no longer registered as owner
  • Jonas Schultz Holding ApS is no longer registered as owner
  • Badens Holding ApS is no longer registered as owner
  • Silva Holding ApS is no longer registered as owner
  • Christian Rod Holding ApS is no longer registered as owner
202215 changesmanagement 4 · accounts 1 · capital 1 · ownership 9
  • Andreas Petersen appointed chair of the board
  • Christian Rod Høeg appointed board member
  • Jeanette Elgaard Carlsson stepped down as chair of the board
  • Andreas Petersen stepped down as board member
  • Annual report for 2021 published
  • Share capital changed from 40,000 DKK to 43,000 DKK
  • AND Well ApS registered as owner (10%)
  • Jonas Schultz Holding ApS registered as owner (10%)
  • Badens Holding ApS registered as owner (25%)
  • Silva Holding ApS registered as owner (25%)
  • Christian Rod Holding ApS registered as owner (25%)
  • Alexander Baden is no longer registered as owner
  • Nithurshan Thavayogavanian is no longer registered as owner
  • Christian Rod Høeg is no longer registered as owner
  • Aksel Christensen Silva is no longer registered as owner
20216 changesmanagement 4 · accounts 1 · address 1
  • Jeanette Elgaard Carlsson appointed chair of the board
  • Andreas Petersen appointed board member
  • Alexander Baden stepped down as director
  • Nithurshan Thavayogavanian stepped down as director
  • Annual report for 2020 published
  • Moved to Hedemølle Erhvervsvej 25, 8850 Bjerringbro
202010 changesname 1 · capital 1 · ownership 8
  • Name changed from Vaffelbaronerne IVS to Vaffelbaronerne ApS
  • Share capital changed from 25,000 DKK to 40,000 DKK
  • Alexander Baden registered as owner (25%)
  • Nithurshan Thavayogavanian registered as owner (25%)
  • Christian Rod Høeg registered as owner (25%)
  • Aksel Christensen Silva registered as owner (25%)
  • Aksel Christensen Silva is no longer registered as owner
  • Christian Rod Høeg is no longer registered as owner
  • Alexander Baden is no longer registered as owner
  • Nithurshan Thavayogavanian is no longer registered as owner
20199 changesaddress 1 · ownership 8
  • Moved to Stenageren 16, 8850 Bjerringbro
  • Aksel Christensen Silva registered as owner (25%)
  • Christian Rod Høeg registered as owner (25%)
  • Alexander Baden registered as owner (20%)
  • Nithurshan Thavayogavanian registered as owner (25%)
  • Christian Rod Høeg is no longer registered as owner
  • Nithurshan Thavayogavanian is no longer registered as owner
  • Alexander Baden is no longer registered as owner
  • Aksel Christensen Silva is no longer registered as owner
201813 changesname 1 · address 1 · ownership 6 · founded 1 · management 4
  • Name changed from by HomeBake IVS to Vaffelbaronerne IVS
  • Moved to Finderupvej 9, st. 3, 8000 Aarhus C
  • Christian Rod Høeg registered as owner (25%)
  • Christian Rod Høeg is no longer registered as owner
  • Registered as by HomeBake IVS
  • Aksel Christensen Silva appointed ceo
  • Alexander Baden appointed director
  • Christian Rod Høeg appointed director
  • Nithurshan Thavayogavanian appointed director
  • Nithurshan Thavayogavanian registered as owner (25%)
  • Alexander Baden registered as owner (25%)
  • Aksel Christensen Silva registered as owner (25%)
  • Christian Rod Høeg registered as owner (15%)

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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