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Y-connection Group A/S

Public limited companyCVR 38074148ViborgActive

Y-connection Group A/S is a public limited company, based in Viborg, active in financial holding companies, founded in 2016. Net profit fell 62% from 2024 to 2025, ending at DKK 1.7m. With 14 employees, the company is about 14 times larger than the industry median. Equity fell to DKK 4.6m in 2025.

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Key figures · financial year 2025

Gross profitDKK 11.3m+4.5% vs. 2024
Net profitDKK 1.7m−62.1% vs. 2024
EquityDKK 4.6m−33% vs. 2024
Employees14latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 4% (2024 → 2025), to DKK 11.3m.
  • Net profit fell 62% (2024 → 2025), to DKK 1.7m.
  • Equity fell 33% (2024 → 2025), to DKK 4.6m.

Employees

  • 1 fewer employees than a year earlier: 14 (07/2026) against 15 (07/2025).

Management and owners, last 24 months

  • New in management: Sarah Flohr Koch (ceo, 01/09/2026), Sarah Flohr Koch (board member, 01/09/2026) and Rene Hartung (board member, 06/11/2025).
  • Stepped down: Jesper Tordrup Andersen (board member, 31/08/2025), Rene Hartung (ceo, 31/08/2026) and Rene Hartung (board member, 31/08/2026).
  • New owners registered: David S. Yu Holding ApS (29/05/2026) and Maltor Holding ApS (29/05/2026).
  • No longer registered as owner: David S. Yu Holding ApS (28/05/2026), Maltor Holding ApS (28/05/2026) and Rene Hartung ApS (29/05/2026).

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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Y-connection Group A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8,7909,13312,77611,72210,83111,314+4.5%
Operating profit (EBIT)654459776641582858+47.4%
Profit before tax5,18911,07710,3903,0334,5061,865−58.6%
Net profit5,02810,97610,2352,9584,4671,692−62.1%
Total assets18,46327,27427,10718,41511,59619,503+68.2%
Equity13,24919,21918,91711,1216,9314,642−33%
Liabilities5,1228,0538,1907,2944,66514,861+218.5%
Cash and cash equivalents1,0131,2482306944786−80.8%
Average number of employees1111171715150%

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (191 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 33% from 2024 to 2025 (DKK 6.9m to DKK 4.6m).

    How is this calculated?

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

  • Profit 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
Annual reports for Y-connection Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202517/11/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202412/11/2024The companyPDFXBRL
202301/07/2022 – 30/06/202330/10/2023The companyPDFXBRL
202201/07/2021 – 30/06/202207/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202108/10/2021The companyPDFXBRL
202001/07/2019 – 30/06/202013/10/2020The 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
02468101214161808/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

191 companies in the database

Comparison with the other companies in financial holding companies based on the latest financial year.

Gross profitDKK 11.3mNo. 11 of 188
Better than 95% of the companies in the industry
EquityDKK 4.6mNo. 152 of 191
Better than 21% of the companies in the industry
Number of employees14No. 12 of 191
Better than 94% of the companies in the industry

Industry median: gross profit −DKK 59,467, net profit DKK 344k, equity DKK 21.3m, 1 employees.

DKK 100kDKK 1.9mDKK 34.5mDKK 642.2mDKK 4.5bnHere
Distribution of gross profit for 56 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. 3,889of 69,742
Better than 94%
No. 14,859of 69,964
Better than 79%
Same industry and fewer than 20 employees189 companies in the comparison
No. 11of 187
Better than 95%
No. 150of 189
Better than 21%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 3,832of 33,588
Better than 89%
No. 6,412of 33,687
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 8,428of 17,786
Better than 53%
No. 11,768of 18,024
Better than 35%

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

Financial holding companies
Gross profit
  1. Y-connection Group A/SDKK 11.3m
  2. Newcap Holding A/SDKK 11.9bn
  3. PC Offshore ApSDKK 315.2m
Net profit
  1. Y-connection Group A/SDKK 1.7m
  2. Newcap Holding A/SDKK 5bn
  3. PC Offshore ApSDKK 159.8m
Equity
  1. Y-connection Group A/SDKK 4.6m
  2. Newcap Holding A/SDKK 25.7bn
  3. PC Offshore ApSDKK 606.8m
Employees
  1. Y-connection Group A/S14
  2. Newcap Holding A/S4
  3. PC Offshore ApS3

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
Y-connection Group A/S

Management

4 active registrations

Executive management

Executive management at Y-connection Group A/S
NameRoleAppointed
Sarah Flohr KochCEO01/09/2026

Board of directors

Board of directors at Y-connection Group A/S
NameRoleAppointed
Klaus MejlholmBoard member04/10/2016
David Søndergaard YuChair of the board08/11/2022
Sarah Flohr KochBoard member01/09/2026
Founders
David S. Yu Holding ApS, Maltor Holding ApS
Former management (11)
Former management at Y-connection Group A/S
NameRoleAppointedResigned
Alfred BlankCEO04/10/201607/12/2016
David Søndergaard YuBoard member04/10/201607/11/2022
Anne-Marie KrogChair of the board04/10/201608/11/2022
David Søndergaard YuCEO07/12/201609/06/2017
Irene KatballeCEO09/06/201721/11/2018
Hans BarslundBoard member06/09/201828/02/2021
David Søndergaard YuCEO21/11/201801/07/2020
Søren StorgaardCEO01/07/202001/11/2023
Jesper Tordrup AndersenBoard member01/06/202131/08/2025
Rene HartungCEO01/11/202331/08/2026
Rene HartungBoard member06/11/202531/08/2026

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Agerlandsvej 10A
8800 Viborg

Viborg Municipality · Postcode 8800

Production units
Production unitAddressEmployeesP number
Y-CONNECTION GROUP A/SAgerlandsvej 10A, 1, 8800 Viborg141021822260

Purpose

Selskabets formål er at eje kapitalandele i andre selskaber samt administration og service.

The purpose is quoted from the register in Danish.

Changes year by year

48 registered events
20269 changesmanagement 4 · ownership 5
  • Sarah Flohr Koch appointed board member
  • Sarah Flohr Koch appointed ceo
  • Rene Hartung stepped down as board member
  • Rene Hartung stepped down as ceo
  • DAVID S. YU HOLDING ApS registered as owner (50%)
  • MALTOR HOLDING ApS registered as owner (50%)
  • Rene Hartung ApS is no longer registered as owner
  • MALTOR HOLDING ApS is no longer registered as owner
  • DAVID S. YU HOLDING ApS is no longer registered as owner
20253 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Rene Hartung appointed board member
  • Jesper Tordrup Andersen stepped down as board member
20246 changesaccounts 1 · ownership 5
  • Annual report for 2024 published
  • Rene Hartung ApS registered as owner (10%)
  • MALTOR HOLDING ApS registered as owner (33.33%)
  • DAVID S. YU HOLDING ApS registered as owner (33.33%)
  • DAVID S. YU HOLDING ApS is no longer registered as owner
  • MALTOR HOLDING ApS is no longer registered as owner
20233 changesmanagement 2 · accounts 1
  • Rene Hartung appointed ceo
  • Søren Storgaard stepped down as ceo
  • Annual report for 2023 published
20224 changesmanagement 3 · accounts 1
  • David Søndergaard Yu appointed chair of the board
  • Anne-Marie Krog stepped down as chair of the board
  • David Søndergaard Yu stepped down as board member
  • Annual report for 2022 published
20213 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Jesper Tordrup Andersen appointed board member
  • Hans Barslund stepped down as board member
20203 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Søren Storgaard appointed ceo
  • David Søndergaard Yu stepped down as ceo
20191 changeaddress 1
  • Moved to Agerlandsvej 10A, 1, 8800 Viborg
20185 changesmanagement 3 · address 2
  • David Søndergaard Yu appointed ceo
  • Irene Katballe stepped down as ceo
  • Moved to Agerlandsvej 10A, 1, 8800 Viborg
  • Hans Barslund appointed board member
  • Moved to Agerlandsvej 10A, 1, 8800 Viborg
20172 changesmanagement 2
  • Irene Katballe appointed ceo
  • David Søndergaard Yu stepped down as ceo
20169 changesmanagement 6 · founded 1 · ownership 2
  • David Søndergaard Yu appointed ceo
  • Alfred Blank stepped down as ceo
  • Registered as Y-CONNECTION GROUP A/S
  • David Søndergaard Yu appointed board member
  • Klaus Mejlholm appointed board member
  • Anne-Marie Krog appointed chair of the board
  • Alfred Blank appointed ceo
  • DAVID S. YU HOLDING ApS registered as owner (50%)
  • MALTOR HOLDING ApS registered as owner (50%)

Related companies

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Same people in management

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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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