THE PINE 18 ApS: Financial statements 2023
CVR: 26921341
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
THE PINE 18 ApS (CVR 26921341) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 407,754 and a net result of DKK -247,714 compared with DKK -497,902 the year before. That is an increase of 413.7% compared with the year before. Equity in the 2023 report amounted to DKK 2,578,693. The solvency ratio was 55.9%. The company had 1 employee in the financial year.
- Gross Profit
- DKK 407,754
- Profit/Loss
- DKK -247,714
- Equity
- DKK 2,578,693
- Total Assets
- DKK 4,616,135
- Employees
- 1
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 408K | -248K | 2.6M | 1 |
| 2022 | - | 79K | -498K | 2.8M | 1 |
| 2021 | - | 996K | 504K | 3.3M | 1 |
| 2020 | - | 1.3M | 859K | 2.8M | 1 |
| 2019 | - | 530K | 49K | 2M | 1 |
Official annual report
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THE PINE 18 ApS has published its annual report for 2022. Gross profit came to DKK 79,382, and the net result was DKK -497,902.
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.