Upgrader A/S: Financial statements 2019
CVR: 29843848
Source: annual report 2019, Danish Business Authority
01/07/2018 – 30/06/2019
Upgrader A/S (CVR 29843848) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 9,380,484 and a net result of DKK 900,453 compared with DKK 1,283,929 the year before. That is a decrease of 1.4% compared with the year before. Equity in the 2019 report amounted to DKK 6,059,426. The solvency ratio was 33.6%.
- Gross Profit
- DKK 9,380,484
- Profit/Loss
- DKK 900,453
- Equity
- DKK 6,059,426
- Total Assets
- DKK 18,039,237
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 9.4 mio. | 900 t. | 6.1 mio. | - |
| 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. | - |
Official annual report
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As of January 30, 2019, Alexander Strange has joined 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 12 employees (2026). 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.