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XL Management ApS

Private limited companyCVR 38962108ThistedActive

XL Management ApS is a private limited company, based in Thisted, active in office administrative and support activities, founded in 2017. The company made a loss in both 2024 and 2025, most recently DKK 13.3m.

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Key figures · financial year 2025

Gross profitDKK 3.3m+235.5% vs. 2024
Net profit−DKK 13.3m−3,612.7% vs. 2024
EquityDKK 17m+823.2% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 236% (2024 → 2025), to DKK 3.3m.
  • The loss grew: from DKK 358k to DKK 13.3m (2024 → 2025).
  • Equity turned positive again: DKK 17m (2024 → 2025).

Employees

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

Management and owners, last 24 months

  • New owners registered: Geert Winther Skovsgaard (22/12/2025) and Geert Skovsgaard ApS (04/12/2025).
  • No longer registered as owner: Nicolai Nedergaard Skovsgaard (04/12/2025), Ida Nedergaard Skovsgaard (04/12/2025) and Geert Skovsgaard ApS (03/12/2025) (+1).

Registrations, last 24 months

  • 22/12/2025: Merger registered in CVR
  • 01/01/2025: Industry changed to Office administrative and support activities (821000)

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 20m−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m202020212022202320242025
EquityNet profit
Financial figures for XL Management ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit42,40036,8564851,1509723,262+235.5%
Operating profit (EBIT)3,601−3,117−116669396−3,739−1,043.2%
Profit before tax897−4,916−16,351−1,617−358−13,316−3,620.6%
Net profit1,970−5,052−16,518−2,025−358−13,288−3,612.7%
Total assets83,081104,71723,51717,57616,67527,751+66.4%
Equity16,62413,582−5,506−7,531−2,34716,971+823.2%
Liabilities66,45791,13529,02425,10719,02210,781−43.3%
Cash and cash equivalents1,0724,5987011,1814302,263+426.4%
Average number of employees12010911110%

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 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
Gross profitMedian, the industry (505 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 5 years in a row

    Net result has been negative in 2021–2025.

    How is this calculated?

    Net result is negative in the two or more 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
Annual reports for XL Management ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/08/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202205/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/07/2022The groupPDFXBRL
202001/01/2020 – 31/12/202015/06/2021The groupPDFXBRL

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
011223308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

505 companies in the database

Comparison with the other companies in office administrative and support activities based on the latest financial year.

Gross profitDKK 3.3mNo. 235 of 498
Better than 53% of the companies in the industry
EquityDKK 17mNo. 147 of 505
Better than 71% of the companies in the industry
Number of employees2No. 383 of 505
Better than 24% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 81,918, equity DKK 1.9m, 4 employees.

DKK 100kDKK 1.2mDKK 13.2mDKK 152.1mDKK 775.2mHere
Distribution of gross profit for 425 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. 20,959of 69,742
Better than 70%
No. 6,441of 69,964
Better than 91%
Same industry and fewer than 20 employees428 companies in the comparison
No. 165of 423
Better than 61%
No. 119of 428
Better than 72%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 12,313of 33,588
Better than 63%
No. 2,600of 33,687
Better than 92%
All companies of type ApS66,508 companies in the comparison
No. 20,804of 66,379
Better than 69%
No. 4,736of 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

Office administrative and support activities
Gross profit
  1. XL Management ApSDKK 3.3m
  2. Edda Group ApSDKK 1.7bn
  3. Vetopia ApSDKK 1.5bn
Net profit
  1. XL Management ApS−DKK 13.3m
  2. Edda Group ApS−DKK 87.4m
  3. Vetopia ApS−DKK 361.3m
Equity
  1. XL Management ApSDKK 17m
  2. Edda Group ApS−DKK 38.7m
  3. Vetopia ApSDKK 170.3m
Employees
  1. XL Management ApS2
  2. Edda Group ApS24
  3. Vetopia ApS13

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
  • Geert Winther Skovsgaard100%
XL Management ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

1 active registrations

Executive management

Executive management at XL Management ApS
NameRoleAppointed
Geert Winther SkovsgaardCEO25/09/2017
Founders
Geert Skovsgaard ApS

Signing rule: Selskabet tegnes af en direktør alene

Address and production units

1 active production units

Hundborgvej 198
7700 Thisted

Thisted Municipality · Postcode 7700

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
XL Management ApSHundborgvej 198, Tingstrup, 7700 Thisted21022871842

Purpose

Selskabets formål er at drive virksomhed med investering i aktier og anparter, samt enhver i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

25 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20259 changesownership 6 · merger 1 · accounts 1 · industry 1
  • Geert Winther Skovsgaard registered as owner (100%)
  • GEERT SKOVSGAARD ApS is no longer registered as owner
  • Merger registered in CVR
  • GEERT SKOVSGAARD ApS registered as owner (100%)
  • Ida Nedergaard Skovsgaard is no longer registered as owner
  • Nicolai Nedergaard Skovsgaard is no longer registered as owner
  • GEERT SKOVSGAARD ApS is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Office administrative and support activities (821000)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20224 changesownership 2 · merger 1 · accounts 1
  • GEERT SKOVSGAARD ApS registered as owner (50%)
  • Geert Winther Skovsgaard is no longer registered as owner
  • Merger registered in CVR
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20195 changesindustry 1 · ownership 4
  • Industry changed to Kombinerede administrationsserviceydelser (821100)
  • Ida Nedergaard Skovsgaard registered as owner (20%)
  • Geert Winther Skovsgaard registered as owner (50%)
  • Nicolai Nedergaard Skovsgaard registered as owner (20%)
  • GEERT SKOVSGAARD ApS is no longer registered as owner
20173 changesfounded 1 · management 1 · ownership 1
  • Registered as XL Management ApS
  • Geert Winther Skovsgaard appointed ceo
  • GEERT SKOVSGAARD ApS registered as owner (100%)

Related companies

Same industry in Thisted

See all →

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