Upgrader A/S: Financial statements 2024
CVR: 29843848
Source: annual report 2024, Danish Business Authority
01/07/2023 – 30/06/2024
Upgrader A/S (CVR 29843848) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 7,322,226 and a net result of DKK -1,829,333 compared with DKK 3,431,036 the year before. That is a decrease of 46.1% compared with the year before. Equity in the 2024 report amounted to DKK 12,734,419. The solvency ratio was 40.7%. The company had 10 employees in the financial year.
- Gross Profit
- DKK 7,322,226
- Profit/Loss
- DKK -1,829,333
- Equity
- DKK 12,734,419
- Total Assets
- DKK 31,292,428
- Employees
- 10
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | - | 7.3 mio. | -1.8 mio. | 12.7 mio. | 10 |
| 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. | - |
Official annual report
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As of August 28, 2024, Alexander Strange 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 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.