Upgrader A/S: Financial statements 2023
CVR: 29843848
Source: annual report 2023, Danish Business Authority
01/07/2022 – 30/06/2023
Upgrader A/S (CVR 29843848) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 13,584,373 and a net result of DKK 3,431,036 compared with DKK 3,274,232 the year before. That is an increase of 10.6% compared with the year before. Equity in the 2023 report amounted to DKK 15,263,752. The solvency ratio was 46.4%. The company had 10 employees in the financial year.
- Gross Profit
- DKK 13,584,373
- Profit/Loss
- DKK 3,431,036
- Equity
- DKK 15,263,752
- Total Assets
- DKK 32,930,829
- Employees
- 10
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 13.6 mio. | 3.4 mio. | 15.3 mio. | 10 |
| 2022 | - | 12.3 mio. | 3.3 mio. | 12.5 mio. | 10 |
| 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. | - |
Official annual report
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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.