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PROPEL ApS: Financial statements 2020

CVR: 34804532

Source: annual report 2020, Danish Business Authority

01/01/202031/12/2020

PROPEL ApS (CVR 34804532) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 595,886 and a net result of DKK 25,110 compared with DKK 65,113 the year before. That is an increase of 79.5% compared with the year before. Equity in the 2020 report amounted to DKK 225,532. The solvency ratio was 45.7%.

Gross Profit
DKK 595,886
Profit/Loss
DKK 25,110
Equity
DKK 225,532
Total Assets
DKK 493,578

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-596 t.25 t.226 t.-
2019-332 t.65 t.200 t.-
2018-29 t.23 t.135 t.-
2017-58 t.73 t.113 t.-
2016-93 t.49 t.40 t.-

Official annual report

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Events in 2020

PROPEL ApS: The 2019 annual report is outApr 6, 2020

PROPEL ApS has published its annual report for 2019. Gross profit came to DKK 331,904, and the net result was DKK 65,113.

About PROPEL ApS

PROPEL ApS is a Danish company of the type Anpartsselskab based in København N, founded in 2012. The company is registered under the industry Ikke-specialiseret engroshandel. The management consists of William Ravn Nielsen. The company is owned by W HOLDINGS ApS. The company has 0 employees (2016). In 2025, the company reported a gross profit of DKK 902,468 and a net result of DKK 5 compared with DKK -238,102 the year before. Equity in the 2025 report amounted to DKK -298,855.

Source: annual report 2025, Danish Business Authority