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Underflod ApS
APS
Active
CVR 42350729
Brandts Passage 31E
Manufacture of furniture · NACE 3100
Est. 2021
6 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 35K
+12% vs 2023
EBITDA margin
-468.4%
-645% vs 2023
Equity ratio
3.0%
Financial strength
Net profit 2024
DKK -154K
-2023% vs 2023
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
DKK 35K
+12%
EBITDA
DKK -166K
-645%
Net profit
DKK -154K
-2023%
Total assets
DKK 818K
+266%
Equity
DKK 25K
-86%
Employees
6
—
Company information
Legal name
Underflod ApS
CVR number
42350729
Legal form
Anpartsselskab
NACE code
3100 · Manufacture of furniture
Founded
28. april 2021
Share capital
DKK 61.539
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktør og bestyrelsesformanden i forening
Company purpose
Selskabets formål er virksomhed med design, udvikling og produktion af møbler og boligindretningsartikler, samt aktiviteter i tilknytning hertil
Contact
Address
Brandts Passage 31E
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Companies in Manufacture of furniture
Companies in Odense
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
DKK thousands
Item
2021
2022
2023
2024
Revenue
-110
-61
32
35
Staff expenses
-5
-0
-1
-201
EBITDA
-115
-61
30
-166
Depreciation & amort.
-20
-20
-20
-20
EBIT
-135
-81
10
-186
Net financials
0
-0
-0
-9
Profit before tax
-135
-81
10
-195
Tax
-30
-18
2
-41
Net profit
-105
-63
8
-154
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
Total assets
247
214
223
818
Equity
235
171
179
25
Long-term debt
0
0
0
350
Short-term debt
12
43
44
443
Total debt
12
43
44
793
Financial ratios
5-year trend
EBITDA margin
-468.4%
This company
15.8%
Market median
-3065% vs market
2021
2024
Equity ratio
3.0%
This company
38.2%
Market median
-92% vs market
2021
2024
Return on equity
-618.9%
This company
18.4%
Market median
-3464% vs market
2021
2024
Net profit margin
-435.8%
This company
8.1%
Market median
-5480% vs market
2021
2024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2021
2024
Debt / equity
31.79×
This company
0.62×
Market median
-5027% vs market
2021
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-04-28 – 2021-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MK
Michael Kvist
Chairman
2026
—
—
RS
Rune Schou
Board of Directors
2026
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
KVIST HOLDING A/S
Company
33.3%
33.3%
2026
Underflod Holding ApS
Company
25.0%
25.0%
2026
First House Invest ApS
Company
15.0%
15.0%
2026
RUNE SCHOU HOLDING ApS
Company
15.0%
15.0%
2026
Mikkel Præst
Individual
15.0%
15.0%
2026
Mads Maegaard Jørgensen
Individual
10.0%
10.0%
2026
Emil Kristian Maegaard Jørgensen
Individual
10.0%
10.0%
2026
Brian Nelleborg Heise
Individual
5.0%
5.0%
2026
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 Underflod ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Michael Kvist
Chairman
0 companies
Rune Schou
Board of Directors
0 companies