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THULSTRUP RESEARCH ApS
APS
Dissolved
CVR 35393153
Møllemarken 3
Other financial service activities, except insurance and pension funding n.e.c. · NACE 6499
Est. 2013
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2022
DKK 245K
-1% vs 2021
EBITDA margin
28.3%
+194% vs 2021
Equity ratio
66.1%
Financial strength
Net profit 2022
DKK 70K
+217% vs 2021
EBITDA — year on year
DKK millions
0M
-0M
-1M
-1M
-1M
0M
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
Key figures
Annual report 2022
Revenue
DKK 245K
-1%
EBITDA
DKK 69K
+194%
Net profit
DKK 70K
+217%
Total assets
DKK 75K
-9%
Equity
DKK 50K
+350%
Employees
1
—
Company information
Legal name
THULSTRUP RESEARCH ApS
CVR number
35393153
Legal form
Anpartsselskab
NACE code
6499 · Other financial service activities, except insurance and pension funding n.e.c.
Founded
2. juli 2013
Share capital
DKK 80.000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør
Contact
Address
Møllemarken 3
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Companies in Other financial service activities, except insurance and pension funding n.e.c.
Companies in Roskilde
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
Income statement
DKK thousands
Item
2018
2019
2020
2021
2022
Revenue
212
407
373
246
245
Staff expenses
-354
-401
-304
-320
-176
EBITDA
-141
7
69
-74
69
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
-141
7
69
-74
69
Net financials
-0
-1
-1
-2
0
Profit before tax
-142
6
68
-76
69
Tax
-31
2
15
-16
-0
Net profit
-111
5
53
-59
70
Balance sheet
DKK thousands
Item
2018
2019
2020
2021
2022
Total assets
49
108
218
82
75
Equity
-18
-14
40
-20
50
Long-term debt
0
0
0
0
0
Short-term debt
67
122
178
102
25
Total debt
67
122
178
102
25
Financial ratios
5-year trend
EBITDA margin
28.3%
This company
15.8%
Market median
+79% vs market
2018
2022
Equity ratio
66.1%
This company
38.2%
Market median
+73% vs market
2018
2022
Return on equity
140.0%
This company
18.4%
Market median
+661% vs market
2018
2022
Net profit margin
28.4%
This company
8.1%
Market median
+251% vs market
2018
2022
Asset turnover
3.26×
This company
1.12×
Market median
+191% vs market
2018
2022
Debt / equity
0.51×
This company
0.62×
Market median
+18% vs market
2018
2022
Annual reports & filings
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
MT
Michael Thulstrup
Chief Executive Officer
Chief Executive Officer
2013 – 2015
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gitte Thulstrup
Individual
100%
100%
2020
M. THULSTRUP HOLDING ApS
Company
100%
100%
2013
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of THULSTRUP RESEARCH ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Michael Thulstrup
Chief Executive Officer
0 companies