CVR: 38074466
Secondary names: RFRSH Entertainment ApS, RFRSH ApS, BLAST Tech ApS
Previous names: rfrsh ApS, RFRSH ApS
EUR 114,034,024
Revenue
Net result: EUR -7,711,888
KAPITALEN ApS, Heartcore Capital Fund III K/S
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CVR · view ownership and management
Owner registered: Heartcore Capital Fund III K/S
CVR · 06/11/2025
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BLAST ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2016. The company is registered under the industry Sportsaktiviteter i.a.n.. The company was previously named RFRSH ApS and rfrsh ApS. The management consists of Robert Marc Douek. The company's owners include KAPITALEN ApS, Heartcore Capital Fund III K/S and Vækstfonden Growth K/S. The company has 31 employees (2018). In 2025, the company reported revenue of EUR 114,034,024 and a net result of EUR -7,711,888 compared with EUR -5,239,627 the year before. Equity in the 2025 report amounted to EUR 3,861,824.
Source: annual report 2025, Danish Business Authority
BLAST ApS has demonstrated significant revenue growth, with a notable increase from 31.58 million EUR in 2022 to 114.03 million EUR in 2025. However, profitability remains a concern, as the company reported losses of 7.71 million EUR in 2025, despite a gross profit of 30.02 million EUR, indicating challenges in managing costs and margins. The equity position has decreased from 11.52 million EUR in 2024 to 3.86 million EUR in 2025, raising concerns about financial stability. As a player in the sports activities industry, the company is experiencing rapid growth but must address its profitability issues to secure a stronger position in the market.
AI-generated summary · Generated 20/08/2026
Virksomhedens formål er at drive virksomhed med professionel e-sport og dermed beslægtede aktiviteter herunder holdingvirksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 114 mio. EUR | -7.7 mio. EUR | 54.1 mio. EUR | 3.9 mio. EUR | 155 | |
| 202401/01/2024 – 31/12/2024 | 82 mio. EUR | -5.2 mio. EUR | 46.9 mio. EUR | 11.5 mio. EUR | 59 | |
| 202301/01/2023 – 31/12/2023 | 72.5 mio. EUR | -9.3 mio. EUR | 48.9 mio. EUR | 10 mio. EUR | 119 | |
| 202201/01/2022 – 31/12/2022 | 31.6 mio. EUR | 1.9 mio. EUR | 39.7 mio. EUR | 8.6 mio. EUR | 86 | |
| 202101/01/2021 – 31/12/2021 | 50.2 mio. | -92.8 mio. | 166.9 mio. | 53.4 mio. | 23 | |
| 202001/01/2020 – 31/12/2020 | 47.8 mio. | -85.6 mio. | 121.1 mio. | 42.7 mio. | - | |
| 201901/01/2019 – 31/12/2019 | 66.3 mio. | -79.8 mio. | 33.4 mio. | -1.5 mio. | - | |
| 201801/01/2018 – 31/12/2018 | 31.7 mio. | -45.3 mio. | 72.3 mio. | 58.7 mio. | 25 |
Compared to 303 companies in Sportsaktiviteter i.a.n.
Comparison is based on industry median values
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Set up monitoringBLAST ApS was founded on 8 October 2016.
BLAST ApS is registered under the industry Sportsaktiviteter i.a.n. (industry code 931900).
BLAST ApS had 31 employees in 2018 according to the Danish CVR register.
The owners of BLAST ApS include KAPITALEN ApS, Heartcore Capital Fund III K/S and Vækstfonden Growth K/S.
In 2025, BLAST ApS reported revenue of EUR 114,034,024.
The management of BLAST ApS consists of Robert Marc Douek.
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BLAST ApS has published its annual report for 2025. Revenue came to DKK 114,034,024, and the net result was DKK -7,711,888.
As of January 19, 2026, David Frederick Nathanson has joined the board of directors of BLAST ApS.
As of January 19, 2026, Erik Balck Sørensen has left the board of directors of BLAST ApS.
As of November 6, 2025, Thomas David Greene has joined the board of directors of BLAST ApS.
As of November 6, 2025, Heartcore Capital Fund III K/S is registered as an owner of BLAST ApS with an ownership share of 5%.
As of November 6, 2025, Danmarks Eksport- og Investeringsfond is registered as an owner of BLAST ApS with an ownership share of 20%.
BLAST ApS has published its annual report for 2024. Revenue came to DKK 82,036,502, and the net result was DKK -5,239,627.
As of January 11, 2025, Simon Charles Brockman Andrews has joined the board of directors of BLAST ApS.
As of December 27, 2024, is registered as an owner of BLAST ApS with an ownership share of 5%.
As of October 31, 2024, Ioris Francini has joined the board of directors of BLAST ApS.
BLAST ApS has published its annual report for 2023. Revenue came to DKK 72,473,008, and the net result was DKK -9,274,419.
As of May 1, 2024, Matthew Samuel Bromberg has left the board of directors of BLAST ApS.
As of July 9, 2023, KAPITALEN ApS is registered as an owner of BLAST ApS with an ownership share of 25%.
BLAST ApS has published its annual report for 2022. Revenue came to DKK 31,583,999, and the net result was DKK 1,854,090.
As of August 25, 2022, Matthew Samuel Bromberg has joined the board of directors of BLAST ApS.
BLAST ApS has published its annual report for 2021. Revenue came to DKK 50,176,919, and the net result was DKK -92,802,856.
As of August 10, 2021, Simon Schmincke has left the board of directors of BLAST ApS.
As of July 21, 2021, is registered as an owner of BLAST ApS with an ownership share of 10%.
BLAST ApS has published its annual report for 2020. Revenue came to DKK 47,811,496, and the net result was DKK -85,596,516.
BLAST ApS has published its annual report for 2019. Revenue came to DKK 66,321,436, and the net result was DKK -79,791,766.
As of May 12, 2020, Johan Harald Gedda has joined the board of directors of BLAST ApS.
As of May 12, 2020, Vækstfonden Growth K/S is registered as an owner of BLAST ApS with an ownership share of 10%.
As of August 14, 2019, Robert Marc Douek has joined the board of directors of BLAST ApS.
As of August 14, 2019, Nikolaj Nyholm has left the board of directors of BLAST ApS.
As of August 14, 2019, Robert Marc Douek is registered as director of BLAST ApS.
As of August 14, 2019, Nikolaj Nyholm has stepped down as director of BLAST ApS.
On August 14, 2019, the company changed its name from RFRSH ApS to BLAST ApS.
BLAST ApS has published its annual report for 2018. Revenue came to DKK 31,660,296, and the net result was DKK -45,322,963.
As of October 16, 2018, Erik Balck Sørensen has joined the board of directors of BLAST ApS.
BLAST ApS has published its interim report for the period October 8, 2016 – December 31, 2017.
As of June 12, 2017, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of BLAST ApS.
As of June 12, 2017, Nikolaj Nyholm has joined the board of directors of BLAST ApS.
As of June 12, 2017, Jimmy Fussing Nielsen has joined the board of directors of BLAST ApS.
As of June 12, 2017, René Efraim Rechtman has joined the board of directors of BLAST ApS.
As of June 12, 2017, Simon Schmincke has joined the board of directors of BLAST ApS.
On April 27, 2017, the company changed its name from rfrsh ApS to RFRSH ApS.
As of October 8, 2016, Nikolaj Nyholm is registered as director of BLAST ApS.
BLAST ApS was founded on October 8, 2016.
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