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Upgrader A/S: Financial statements 2021

CVR: 29843848

Source: annual report 2021, Danish Business Authority

01/07/2020 – 30/06/2021

Upgrader A/S (CVR 29843848) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 13,137,649 and a net result of DKK 3,107,111 compared with DKK 1,041,947 the year before. That is an increase of 36.4% compared with the year before. Equity in the 2021 report amounted to DKK 10,208,484. The solvency ratio was 43.7%.

Gross Profit
DKK 13,137,649
Profit/Loss
DKK 3,107,111
Equity
DKK 10,208,484
Total Assets
DKK 23,374,011
Employees
0

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2021-13.1 mio.3.1 mio.10.2 mio.0
2020-9.6 mio.1 mio.7.1 mio.-
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.-

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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.

Source: annual report 2025, Danish Business Authority