THE PINE 18 ApS: Financial statements 2021
CVR: 26921341
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
THE PINE 18 ApS (CVR 26921341) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 995,783 and a net result of DKK 504,312 compared with DKK 858,545 the year before. That is a decrease of 23.3% compared with the year before. Equity in the 2021 report amounted to DKK 3,324,309. The solvency ratio was 59.4%. The company had 1 employee in the financial year.
- Gross Profit
- DKK 995,783
- Profit/Loss
- DKK 504,312
- Equity
- DKK 3,324,309
- Total Assets
- DKK 5,595,624
- Employees
- 1
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 996K | 504K | 3.3M | 1 |
| 2020 | - | 1.3M | 859K | 2.8M | 1 |
| 2019 | - | 530K | 49K | 2M | 1 |
| 2018 | - | 394K | -142K | 1.9M | 1 |
| 2017 | - | 585K | 70K | 136 | 1 |
Official annual report
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THE PINE 18 ApS has published its annual report for 2020. Gross profit came to DKK 1,297,525, and the net result was DKK 858,545.
About THE PINE 18 ApS
THE PINE 18 ApS is a Danish company of the type Anpartsselskab based in Esbjerg N, founded in 2002. The company is registered under the industry Engroshandel med cykler, sportsartikler og lystbåde. The company was previously named GOLF COPENHAGEN Aps and GOLF COPENHAGEN ApS. The management consists of Michael Stagaard Uth. The board consists of Anja Christel Uth (chair), Michael Stagaard Uth and William Stagaard Uth. The company is owned by UTH HOLDING, ESBJERG ApS. The company has 3 employees (2026). In 2025, the company reported a gross profit of DKK 883,413 and a net result of DKK 222,432 compared with DKK 302,936 the year before. Equity in the 2025 report amounted to DKK 3,104,061.