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Groundwork Studio ApS
APS
Active
CVR 43044966
Hovmarksvej 34
Industrial product and fashion design activities · NACE 7411
Est. 2022
1 employees
www.studiogroundwork.com
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Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 218K
-42% vs 2023
EBITDA margin
81.3%
-50% vs 2023
Equity ratio
86.7%
Financial strength
Net profit 2024
DKK 136K
-51% vs 2023
EBITDA — year on year
DKK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
DKK 218K
-42%
EBITDA
DKK 177K
-50%
Net profit
DKK 136K
-51%
Total assets
DKK 308K
-33%
Equity
DKK 267K
-19%
Employees
1
—
Company information
Legal name
Groundwork Studio ApS
CVR number
43044966
Legal form
Anpartsselskab
NACE code
7411 · Industrial product and fashion design activities
Founded
8. februar 2022
Share capital
DKK 40.000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af én direktør
Company purpose
Selskabets formål er at drive virksomhed med handel og service, samt enhver i forbindelse hermed stående virksomhed.
Contact
Address
Hovmarksvej 34
Phone
+4530630040
Email
info@studiogroundwork.com
Website
www.studiogroundwork.com
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Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
DKK thousands
Item
2022
2023
2024
Revenue
35
375
218
Staff expenses
-12
-20
-41
EBITDA
23
355
177
Depreciation & amort.
-0
-0
-0
EBIT
23
355
177
Net financials
-3
-0
-3
Profit before tax
20
355
174
Tax
5
79
38
Net profit
15
276
136
Balance sheet
DKK thousands
Item
2022
2023
2024
Total assets
66
463
308
Equity
55
331
267
Long-term debt
0
0
0
Short-term debt
11
131
41
Total debt
11
131
41
Financial ratios
5-year trend
EBITDA margin
81.3%
This company
15.8%
Market median
+415% vs market
2022
2024
Equity ratio
86.7%
This company
38.2%
Market median
+127% vs market
2022
2024
Return on equity
50.9%
This company
18.4%
Market median
+177% vs market
2022
2024
Net profit margin
62.3%
This company
8.1%
Market median
+669% vs market
2022
2024
Asset turnover
0.71×
This company
1.12×
Market median
-37% vs market
2022
2024
Debt / equity
0.15×
This company
0.62×
Market median
+76% vs market
2022
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 2022-02-08 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
MB
Morten Bo Jensen Nørreslet
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Manifold Holding ApS
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Manifold Holding ApS
Groundwork Studio ApS
(this company)
Board network connections
Board members of Groundwork Studio ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Bo Jensen Nørreslet
Chief Executive Officer
0 companies