CVR: 36437553
Previous names: FUNDER-REEDTZ DEVELOPMENT ApS
DKK 2,762,642
Gross profit
Net result: DKK 483,167
Mads Funder Holding ApS
CVR · view ownership and management
Owner registered: Mads Funder Holding ApS
CVR · 20/11/2025
View the full event history
FUNDER DEVELOPMENT ApS is a Danish company of the type Anpartsselskab based in Vejle, founded in 2014. The company is registered under the industry Fremstilling af cykler og kørestole. The company was previously named FUNDER-REEDTZ DEVELOPMENT ApS. The management consists of Mads Maretti Daa Funder. The company is owned by Mads Funder Holding ApS. The company has 1 employee (2018). In 2025, the company reported a gross profit of DKK 2,762,642 and a net result of DKK 483,167 compared with DKK 794,222 the year before. Equity in the 2025 report amounted to DKK 3,963,241.
Source: annual report 2025, Danish Business Authority
The financial health of FUNDER DEVELOPMENT ApS appears stable, with a positive trajectory in gross profit and profitability over recent years. Gross profit increased from 1,676,132 DKK in 2022 to 2,762,642 DKK in 2025, while profit peaked at 1,511,490 DKK in 2021 before stabilizing at 483,167 DKK in 2025. The company's equity has shown consistent growth, reaching 3,963,241 DKK in 2025, indicating a solid capital position. However, the absence of revenue data raises concerns about transparency and overall market performance within the bicycle and wheelchair manufacturing industry.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at drive produktudvikling handel og konsulentvirksomhed
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | 483 t. | 5 mio. | 4 mio. | 4 | |
| 202401/01/2024 – 31/12/2024 | - | 794 t. | 4.3 mio. | 3.5 mio. | 3 | |
| 202301/01/2023 – 31/12/2023 | - | 507 t. | 3.8 mio. | 3 mio. | 2 | |
| 202201/01/2022 – 31/12/2022 | - | 24 t. | 4.3 mio. | 3.6 mio. | 3 | |
| 202101/01/2021 – 31/12/2021 | - | 1.5 mio. | 4.7 mio. | 3.7 mio. | 4 | |
| 202001/01/2020 – 31/12/2020 | - | 1.6 mio. | 4.9 mio. | 2.7 mio. | 2 | |
| 201901/01/2019 – 31/12/2019 | - | 1.1 mio. | 2.4 mio. | 1.4 mio. | 1 | |
| 201801/01/2018 – 31/12/2018 | - | 485 t. | 1.1 mio. | 574 t. | 1 | |
| 201701/01/2017 – 31/12/2017 | - | 0 | 0 | 0 | 2 | |
| 201601/01/2016 – 31/12/2016 | - | -54 t. | 499 t. | -4 t. | 2 | |
| 201501/01/2015 – 31/12/2015 | 2 t. | -31 t. | 49 t. | 50 t. | - |
Compared to 39 companies in Fremstilling af cykler og kørestole
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
Every Danish company, financial statement and ownership record — straight into your own systems or your AI assistant via MCP.
See the API documentationFUNDER DEVELOPMENT ApS was founded on 19 November 2014.
FUNDER DEVELOPMENT ApS is registered under the industry Fremstilling af cykler og kørestole (industry code 309200).
FUNDER DEVELOPMENT ApS had 1 employee in 2018 according to the Danish CVR register.
FUNDER DEVELOPMENT ApS is owned by Mads Funder Holding ApS.
frdev.dk belongs to FUNDER DEVELOPMENT ApS, CVR number 36437553.
In 2025, FUNDER DEVELOPMENT ApS reported a gross profit of DKK 2,762,642.
Claim this page to add your logo and social links. Free to get started.
Address changed to Hjulmagervej 4, 7100 Vejle (September 1, 2026).
Contact info changed: new phone: 72111010, new email: [email protected], new website: www.frdev.dk (September 1, 2026).
FUNDER DEVELOPMENT ApS has published its annual report for 2025. Gross profit came to DKK 2,762,642, and the net result was DKK 483,167.
As of November 20, 2025, Mads Funder Holding ApS is registered as an owner of FUNDER DEVELOPMENT ApS with an ownership share of 100%.
FUNDER DEVELOPMENT ApS has published its annual report for 2024. Gross profit came to DKK 2,911,884, and the net result was DKK 794,222.
FUNDER DEVELOPMENT ApS has published its annual report for 2023. Gross profit came to DKK 2,172,635, and the net result was DKK 507,090.
FUNDER DEVELOPMENT ApS has published its annual report for 2022. Gross profit came to DKK 1,676,132, and the net result was DKK 23,674.
FUNDER DEVELOPMENT ApS has published its annual report for 2021. Gross profit came to DKK 3,386,572, and the net result was DKK 1,511,490.
FUNDER DEVELOPMENT ApS has published its annual report for 2020. Gross profit came to DKK 3,152,260, and the net result was DKK 1,646,510.
FUNDER DEVELOPMENT ApS has published its annual report for 2019. Gross profit came to DKK 2,118,404, and the net result was DKK 1,064,502.
FUNDER DEVELOPMENT ApS has published its annual report for 2018. Gross profit came to DKK 1,288,852, and the net result was DKK 485,467.
FUNDER DEVELOPMENT ApS has published its annual report for 2017. The net result was DKK 0.
As of January 18, 2018, Gorm Reedtz has stepped down as director of FUNDER DEVELOPMENT ApS.
On January 18, 2018, the company changed its name from FUNDER-REEDTZ DEVELOPMENT ApS to FUNDER DEVELOPMENT ApS.
As of November 16, 2017, Gorm Reedtz is registered as director of FUNDER DEVELOPMENT ApS.
As of November 15, 2017, Gorm Reedtz has stepped down as director of FUNDER DEVELOPMENT ApS.
FUNDER DEVELOPMENT ApS has published its annual report for 2016. Gross profit came to DKK 29,009, and the net result was DKK -53,943.
FUNDER DEVELOPMENT ApS has published its annual report for 2015. Revenue came to DKK 1,600, and the net result was DKK -30,733.
As of January 9, 2016, Gorm Reedtz is registered as director of FUNDER DEVELOPMENT ApS.
On January 9, 2016, the company changed its name from FUNDER DEVELOPMENT ApS to FUNDER-REEDTZ DEVELOPMENT ApS.
FUNDER DEVELOPMENT ApS has published its interim report for the period November 19, 2014 – December 31, 2014.
As of November 19, 2014, Mads Maretti Daa Funder is registered as adm. dir. of FUNDER DEVELOPMENT ApS.
FUNDER DEVELOPMENT ApS was founded on November 19, 2014.
Companies in the same industry and area
