CVR: 27230288
DKK 2,548,556
Gross profit
Net result: DKK 680,371
HVOLGAARD ApS
CVR · view ownership and management
Owner registered: HVOLGAARD ApS
CVR · 01/10/2019
View the full event history
TARGET GROUP ApS is a Danish company of the type Anpartsselskab based in København V, founded in 2003. The company is registered under the industry Indspilning af lydoptagelser og udgivelse af musik. The management consists of Michael Hvolgaard Andersen. The company is owned by HVOLGAARD ApS. The company has 5 employees (2018). In 2025, the company reported a gross profit of DKK 2,548,556 and a net result of DKK 680,371 compared with DKK 970,622 the year before. Equity in the 2025 report amounted to DKK 2,652,980.
Source: annual report 2025, Danish Business Authority
TARGET GROUP ApS demonstrates a stable financial health with a consistent gross profit trend, increasing from 1,721,236 DKK in 2022 to 2,870,312 DKK in 2024. Profitability has also improved, peaking at 970,622 DKK in 2024, indicating effective cost management and operational efficiency. The company's equity has shown a positive trajectory, reaching 2,652,980 DKK in 2025, which strengthens its financial position. However, the absence of disclosed revenue figures raises concerns about transparency and overall market performance within the music recording and publishing industry.
AI-generated summary · Generated 16/08/2026
Selskabets formål er distribution af musik, CD og plader
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 2.5 mio. | 680 t. | 3.7 mio. | 2.7 mio. | 3 | |
| 202401/01/2024 – 31/12/2024 | 2.9 mio. | 971 t. | 3.9 mio. | 2.6 mio. | 3 | |
| 202301/01/2023 – 31/12/2023 | 2.5 mio. | 699 t. | 3 mio. | 1.7 mio. | 2 | |
| 202201/01/2022 – 31/12/2022 | 1.7 mio. | 515 t. | 3.5 mio. | 1.1 mio. | 1 | |
| 202101/01/2021 – 31/12/2021 | 1.9 mio. | 750 t. | 3.9 mio. | 1.1 mio. | 1 | |
| 202001/01/2020 – 31/12/2020 | 1.8 mio. | 704 t. | 3.2 mio. | 1.8 mio. | 2 | |
| 201901/01/2019 – 31/12/2019 | 1.3 mio. | 363 t. | 3.2 mio. | 1.6 mio. | 3 | |
| 201801/01/2018 – 31/12/2018 | 1.2 mio. | 71 t. | 2.6 mio. | 2 mio. | 3 | |
| 201701/01/2017 – 31/12/2017 | 1.3 mio. | 409 t. | 3.2 mio. | 2 mio. | 4 | |
| 201601/01/2016 – 31/12/2016 | 1.2 mio. | 292 t. | 3 mio. | 1.7 mio. | 2 | |
| 201501/01/2015 – 31/12/2015 | 2.1 mio. | 586 t. | 2.7 mio. | 1.4 mio. | 3 | |
| 201401/01/2014 – 31/12/2014 | 1.6 mio. | -245 t. | 3.8 mio. | 850 t. | - | |
| 201301/01/2013 – 31/12/2013 | 2.6 mio. | 402 t. | 6.3 mio. | 1.1 mio. | - | |
| 201201/01/2012 – 31/12/2012 | 1.9 mio. | 302 t. | 3.8 mio. | 993 t. | - |
Compared to 427 companies in Indspilning af lydoptagelser og udgivelse af musik
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
Every Danish company, financial statement and ownership record — straight into your own systems or your AI assistant via MCP.
See the API documentationTARGET GROUP ApS was founded on 1 July 2003.
TARGET GROUP ApS is registered under the industry Indspilning af lydoptagelser og udgivelse af musik (industry code 592000).
TARGET GROUP ApS had 5 employees in 2018 according to the Danish CVR register.
TARGET GROUP ApS is owned by HVOLGAARD ApS.
targetgroup.dk belongs to TARGET GROUP ApS, CVR number 27230288.
In 2025, TARGET GROUP ApS reported a gross profit of DKK 2,548,556.
Claim this page to add your logo and social links. Free to get started.
TARGET GROUP ApS has published its annual report for 2025. Gross profit came to DKK 2,548,556, and the net result was DKK 680,371.
TARGET GROUP ApS has published its annual report for 2024. Gross profit came to DKK 2,870,312, and the net result was DKK 970,622.
TARGET GROUP ApS has published its annual report for 2023. Gross profit came to DKK 2,546,760, and the net result was DKK 698,611.
TARGET GROUP ApS has published its annual report for 2022. Gross profit came to DKK 1,721,236, and the net result was DKK 515,095.
TARGET GROUP ApS has published its annual report for 2021. Gross profit came to DKK 1,930,297, and the net result was DKK 750,286.
TARGET GROUP ApS has published its annual report for 2020. Gross profit came to DKK 1,787,223, and the net result was DKK 703,666.
TARGET GROUP ApS has published its annual report for 2019. Gross profit came to DKK 1,252,436, and the net result was DKK 362,956.
As of October 1, 2019, HVOLGAARD ApS is registered as an owner of TARGET GROUP ApS with an ownership share of 100%.
TARGET GROUP ApS has published its annual report for 2018. Gross profit came to DKK 1,201,881, and the net result was DKK 71,138.
As of June 24, 2019, Din Revisor Frederiksberg P/S Godkendte Revisorer has stepped down as auditor of TARGET GROUP ApS.
TARGET GROUP ApS has published its annual report for 2017. Gross profit came to DKK 1,282,223, and the net result was DKK 408,872.
As of May 10, 2018, Din Revisor Frederiksberg P/S Godkendte Revisorer has been appointed auditor of TARGET GROUP ApS.
As of May 10, 2018, Boreco Statsautoriseret Revisionspartnerselskab has stepped down as auditor of TARGET GROUP ApS.
TARGET GROUP ApS has published its annual report for 2016. Gross profit came to DKK 1,184,036, and the net result was DKK 291,752.
TARGET GROUP ApS has published its annual report for 2015. Gross profit came to DKK 2,104,701, and the net result was DKK 586,404.
As of January 1, 2016, Boreco Statsautoriseret Revisionspartnerselskab has been appointed auditor of TARGET GROUP ApS.
As of December 31, 2015, BKL Consulting has stepped down as auditor of TARGET GROUP ApS.
TARGET GROUP ApS has published its annual report for 2014. Gross profit came to DKK 1,566,132, and the net result was DKK -245,189.
TARGET GROUP ApS has published its annual report for 2013. Gross profit came to DKK 2,554,050, and the net result was DKK 402,455.
TARGET GROUP ApS has published its annual report for 2012. Gross profit came to DKK 1,877,825, and the net result was DKK 301,504.
As of November 17, 2003, BKL Consulting has been appointed auditor of TARGET GROUP ApS.
As of November 11, 2003, REVISIONSFIRMAET BENT ENBELBRET v/Bent engelbret-Pederdsen has stepped down as auditor of TARGET GROUP ApS.
As of July 4, 2003, REVISIONSFIRMAET BENT ENBELBRET v/Bent engelbret-Pederdsen has been appointed auditor of TARGET GROUP ApS.
As of July 4, 2003, JUT NR. 2180 A/S has stepped down as auditor of TARGET GROUP ApS.
As of July 4, 2003, Michael Hvolgaard Andersen is registered as director of TARGET GROUP ApS.
As of July 4, 2003, Kim Madsen has stepped down as adm. dir. of TARGET GROUP ApS.
As of July 1, 2003, JUT NR. 2180 A/S has been appointed auditor of TARGET GROUP ApS.
As of July 1, 2003, Kim Madsen is registered as adm. dir. of TARGET GROUP ApS.
TARGET GROUP ApS was founded on July 1, 2003.
Companies in the same industry and area
CVR 45578658
CVR 41987979
CVR 31101298
CVR 89429714
CVR 40311548
