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Ztove ApS

Private limited companyCVR 38613421Odense SActive

Ztove ApS is a private limited company, based in Odense S, active in manufacture of electric domestic appliances, founded in 2017. Equity was negative at the end of 2025 (−DKK 8.2m). The company made a loss in both 2024 and 2025, most recently DKK 8.5m. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profit−DKK 8.4m−132% vs. 2024
Net profit−DKK 8.5m−155.7% vs. 2024
Equity−DKK 8.2m−2,961% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 3.3m to DKK 8.5m (2024 → 2025).
  • Equity turned negative: −DKK 8.2m (2024 → 2025).

Employees

  • 1 fewer employees than a year earlier: 12 (08/2023) against 13 (08/2022).

Management and owners, last 24 months

  • New owners registered: Favrholdt ApS (12/12/2024) and Bonnesen Mølby Invest ApS (12/12/2024).
  • No longer registered as owner: Favrholdt ApS (11/12/2024) and Bonnesen Mølby Invest ApS (11/12/2024).

Registrations, last 24 months

  • 12/12/2024: Share capital changed from 121,810 DKK to 130,367 DKK

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 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2m202020212022202320242025
EquityNet profit
Financial figures for Ztove ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−1,172−597−2,653−1,175−3,625−8,410−132%
Operating profit (EBIT)−3,805−3,364−5,733−3,487−3,625––
Profit before tax−3,461−3,314−5,770−4,535−3,302−8,458−156.1%
Net profit−2,832−2,724−5,737−4,535−3,308−8,458−155.7%
Total assets1,8484,5972,9895,14511,13911,074−0.6%
Equity−1,9241,352−385−907286−8,172−2,961%
Liabilities3,7723,2443,3746,05210,85319,246+77.3%
Cash and cash equivalents2101,4821,2673,5430––
Average number of employees558600–

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 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
Gross profitMedian, the industry (11 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 8.2m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    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 Ztove ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202110/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202019/05/2021The 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
024681012141609/2010/2011/2012/2001/2102/2103/2104/2105/2106/2107/2108/2109/2110/2111/2112/2101/2202/2203/2204/2205/2206/2207/2208/2209/2210/2211/2212/2201/2302/2303/2304/2305/2306/2307/2308/23
Employees

Position in the industry

11 companies in the database

Comparison with the other companies in manufacture of electric domestic appliances based on the latest financial year.

Gross profit−DKK 8.4mNo. 11 of 11
Better than 0% of the companies in the industry
Equity−DKK 8.2mNo. 11 of 11
Better than 0% of the companies in the industry
Number of employees12No. 11 of 11
Better than 0% of the companies in the industry

Industry median: gross profit DKK 11.9m, net profit DKK 1.3m, equity DKK 14.5m, 14 employees.

DKK 100kDKK 593kDKK 3.5mDKK 20.9mDKK 68.5m
Distribution of gross profit for 10 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. 69,621of 69,742
Better than 0%
No. 69,505of 69,964
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,486of 33,588
Better than 0%
No. 33,296of 33,687
Better than 1%
All companies of type ApS66,508 companies in the comparison
No. 66,267of 66,379
Better than 0%
No. 66,050of 66,505
Better than 1%

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

Manufacture of electric domestic appliances
Gross profit
  1. Ztove ApS−DKK 8.4m
  2. Nilfisk A/SDKK 124m
  3. Metro Therm A/SDKK 98m
Net profit
  1. Ztove ApS−DKK 8.5m
  2. Nilfisk A/SDKK 35.2m
  3. Metro Therm A/SDKK 26.1m
Equity
  1. Ztove ApS−DKK 8.2m
  2. Nilfisk A/SDKK 341m
  3. Metro Therm A/SDKK 277.3m
Employees
  1. Ztove ApS12
  2. Nilfisk A/S323
  3. Metro Therm A/S225

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
  • Hybsch Connect Holding ApS50%
  • TLM Holding ApS5%
  • JBRAS Holding ApS5%
  • Favrholdt ApS15%
  • Bonnesen Mølby Invest ApS10%
Ztove ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Ztove ApS
NameRoleAppointed
Charlotte Hybschmann JacobsenCEO22/11/2022

Board of directors

Board of directors at Ztove ApS
NameRoleAppointed
Henrik Engel EichenChair of the board28/06/2023
Niels Jul JacobsenBoard member28/06/2023
Jens Kristian HansenBoard member28/06/2023
Jens Mølby RommeBoard member18/12/2023
Founders
Favrholdt ApS
Former management (6)
Former management at Ztove ApS
NameRoleAppointedResigned
Peter Aagaard FavrholdtCEO02/05/201722/11/2022
Peter Aagaard FavrholdtChair of the board02/05/201702/05/2017
Peter Aagaard FavrholdtBoard member03/05/201825/05/2024
Martin Willer TychsenDeputy chair03/05/201831/08/2021
Mogens Langballe NørgaardBoard member03/05/201826/11/2018
Niels Jul JacobsenChair of the board03/05/201827/06/2023

Signing rule: Selskabet tegnes af den samlede bestyrelse eller direktøren.

Address and production units

1 active production units

Landbrugsvej 10
5260 Odense S

Odense Municipality · Postcode 5260

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Ztove ApSLandbrugsvej 10, Hjallese, 5260 Odense S121022411779

Purpose

Selskabets formål er udvikling, fremstilling og salg af køkkenudstyr og hermed efter ledelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

60 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20247 changescapital 1 · ownership 4 · accounts 1 · management 1
  • Share capital changed from 121,810 DKK to 130,367 DKK
  • Bonnesen Mølby Invest ApS registered as owner (10%)
  • FAVRHOLDT ApS registered as owner (15%)
  • Bonnesen Mølby Invest ApS is no longer registered as owner
  • FAVRHOLDT ApS is no longer registered as owner
  • Annual report for 2023 published
  • Peter Aagaard Favrholdt stepped down as board member
202321 changescapital 2 · management 5 · ownership 13 · accounts 1
  • Share capital changed from 114,204 DKK to 121,810 DKK
  • Jens Mølby Romme appointed board member
  • Bonnesen Mølby Invest ApS registered as owner (5%)
  • JBRAS Holding ApS registered as owner (5%)
  • Jeppe Bredahl Rasmussen is no longer registered as owner
  • Share capital changed from 101,396 DKK to 114,204 DKK
  • FAVRHOLDT ApS registered as owner (20%)
  • FAVRHOLDT ApS is no longer registered as owner
  • Annual report for 2022 published
  • Hybsch Connect Holding ApS registered as owner (50%)
  • TLM Holding ApS registered as owner (5%)
  • Jeppe Bredahl Rasmussen registered as owner (5%)
  • Hybsch Connect Holding ApS is no longer registered as owner
  • Jens Kristian Hansen appointed board member
  • Henrik Engel Eichen appointed chair of the board
  • Niels Jul Jacobsen appointed board member
  • Niels Jul Jacobsen stepped down as chair of the board
  • Hybsch Connect Holding ApS registered as owner (66.67%)
  • FAVRHOLDT ApS registered as owner (25%)
  • FAVRHOLDT ApS is no longer registered as owner
  • Hybsch Connect Holding ApS is no longer registered as owner
20228 changescapital 1 · ownership 4 · management 2 · accounts 1
  • Share capital changed from 92,858 DKK to 101,396 DKK
  • FAVRHOLDT ApS registered as owner (33.33%)
  • Hybsch Connect Holding ApS registered as owner (50%)
  • Hybsch Connect Holding ApS is no longer registered as owner
  • FAVRHOLDT ApS is no longer registered as owner
  • Charlotte Hybschmann Jacobsen appointed ceo
  • Peter Aagaard Favrholdt stepped down as ceo
  • Annual report for 2021 published
20217 changescapital 1 · ownership 4 · management 1 · accounts 1
  • Share capital changed from 71,429 DKK to 92,858 DKK
  • Hybsch Connect Holding ApS registered as owner (33.33%)
  • FAVRHOLDT ApS registered as owner (50%)
  • FAVRHOLDT ApS is no longer registered as owner
  • Hybsch Connect Holding ApS is no longer registered as owner
  • Martin Willer Tychsen stepped down as deputy chair
  • Annual report for 2020 published
20195 changescapital 1 · ownership 3 · address 1
  • Share capital changed from 50,000 DKK to 71,429 DKK
  • FAVRHOLDT ApS registered as owner (66.67%)
  • Hybsch Connect Holding ApS registered as owner (25%)
  • FAVRHOLDT ApS is no longer registered as owner
  • Moved to Landbrugsvej 10, Hjallese, 5260 Odense S
20185 changesmanagement 5
  • Mogens Langballe Nørgaard stepped down as board member
  • Niels Jul Jacobsen appointed chair of the board
  • Peter Aagaard Favrholdt appointed board member
  • Martin Willer Tychsen appointed deputy chair
  • Mogens Langballe Nørgaard appointed board member
20175 changesfounded 1 · management 3 · ownership 1
  • Registered as Ztove ApS
  • Peter Aagaard Favrholdt appointed ceo
  • Peter Aagaard Favrholdt appointed chair of the board
  • Peter Aagaard Favrholdt stepped down as chair of the board
  • FAVRHOLDT ApS registered as owner (100%)

Related companies

Same people in management

Largest in the industry

See all →

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.

View in CVRReport a correction