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Upgrader A/S: Financial statements 2017

CVR: 29843848

Source: annual report 2017, Danish Business Authority

01/07/201630/06/2017

Upgrader A/S (CVR 29843848) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 9,376,552 and a net result of DKK 308,020 compared with DKK -13,383 the year before. That is an increase of 448.4% compared with the year before. Equity in the 2017 report amounted to DKK 4,591,138. The solvency ratio was 28.8%.

Gross Profit
DKK 9,376,552
Profit/Loss
DKK 308,020
Equity
DKK 4,591,138
Total Assets
DKK 15,945,278

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2017-9.4 mio.308 t.4.6 mio.-
2016-1.7 mio.-13 t.-343 t.-
2015-1.9 mio.-84 t.-329 t.-
2014-1.3 mio.-40 t.-245 t.-
2013-383 t.-300 t.-205 t.-

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Events in 2017

Jens Jacob Skibsted joins the board of Upgrader A/SJul 1, 2017

As of July 1, 2017, Jens Jacob Skibsted has joined the board of directors of Upgrader A/S.

Ulrik Blinkenberg leaves the board of Upgrader A/SJun 30, 2017

As of June 30, 2017, Ulrik Blinkenberg has left the board of directors of Upgrader A/S.

Upgrader A/S appoints new auditorJun 14, 2017

As of June 14, 2017, DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of Upgrader A/S.

Auditor steps down at Upgrader A/SJun 14, 2017

As of June 14, 2017, CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB has stepped down as auditor of Upgrader A/S.

Brian Voldsgaard Jensen joins the board of Upgrader A/SMar 30, 2017

As of March 30, 2017, Brian Voldsgaard Jensen has joined the board of directors of Upgrader A/S.

UPGRADER ApS changes name to MS Branding A/SJan 16, 2017

On January 16, 2017, the company changed its name from UPGRADER ApS to MS Branding A/S.

About Upgrader A/S

Upgrader A/S is a Danish company of the type Aktieselskab based in Herlev, founded in 2006. The company is registered under the industry Ikke-specialiseret engroshandel. The company was previously named MS Branding A/S and UPGRADER ApS. The management consists of Michael Grell Sørensen. The board consists of Michael Grell Sørensen and Michael Willumsen. The company is owned by JENSEN MANAGEMENT ApS and MBJ XCI-XXV ApS. The company has 11 employees (2018). In 2025, the company reported a gross profit of DKK 9,216,668 and a net result of DKK -1,818,310 compared with DKK -1,829,333 the year before. Equity in the 2025 report amounted to DKK 10,241,109.

Source: annual report 2025, Danish Business Authority