Upgrader A/S: Financial statements 2018
CVR: 29843848
Source: annual report 2018, Danish Business Authority
01/07/2017 – 30/06/2018
Upgrader A/S (CVR 29843848) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 9,517,747 and a net result of DKK 1,283,929 compared with DKK 308,020 the year before. That is an increase of 1.5% compared with the year before. Equity in the 2018 report amounted to DKK 5,158,973. The solvency ratio was 28.4%.
- Gross Profit
- DKK 9,517,747
- Profit/Loss
- DKK 1,283,929
- Equity
- DKK 5,158,973
- Total Assets
- DKK 18,159,690
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | - | 9.5 mio. | 1.3 mio. | 5.2 mio. | - |
| 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. | - |
Official annual report
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As of June 30, 2018, Brian Voldsgaard Jensen has left the board of directors of Upgrader 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.