CVR: 38962108
Secondary names: Xcel Management ApS
DKK 3,262,469
Gross profit
Net result: DKK -13,287,532
Geert Winther Skovsgaard
CVR · view ownership and management
Owner registered: Geert Winther Skovsgaard
CVR · 22/12/2025
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XL Management ApS is a Danish company of the type Anpartsselskab based in Thisted, founded in 2017. The company is registered under the industry Administrations- og kontorserviceaktiviteter. The management consists of Geert Winther Skovsgaard. The company is owned by Geert Winther Skovsgaard. In 2025, the company reported a gross profit of DKK 3,262,469 and a net result of DKK -13,287,532 compared with DKK -357,892 the year before. Equity in the 2025 report amounted to DKK 16,970,744.
Source: annual report 2025, Danish Business Authority
The financial health of XL Management ApS shows significant volatility, with a concerning trend of increasing losses over the past few years. Gross profit peaked at 3,262,469 DKK in 2025, but the company reported a substantial loss of -13,287,532 DKK for that year, indicating challenges in managing expenses relative to income. Equity has fluctuated dramatically, moving from 11,011,247 DKK in 2021 to a negative position of -2,346,752 DKK in 2024, raising concerns about its long-term viability. The company operates within the administrative and office services sector, but its inconsistent profitability and deteriorating equity position suggest a need for strategic reassessment to stabilize its financial trajectory.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive virksomhed med investering i aktier og anparter, samt enhver i forbindelse hermed stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 3.3 mio. | -13.3 mio. | 27.8 mio. | 17 mio. | 1 | |
| 202401/01/2024 – 31/12/2024 | 972 t. | -358 t. | 16.7 mio. | -2.3 mio. | 1 | |
| 202301/01/2023 – 31/12/2023 | 1.1 mio. | -2 mio. | 17.6 mio. | -7.5 mio. | 1 | |
| 202201/01/2022 – 31/12/2022 | 485 t. | -16.5 mio. | 23.5 mio. | -5.5 mio. | 1 | |
| 202101/01/2021 – 31/12/2021 | 133 t. | -4.7 mio. | 20.3 mio. | 11 mio. | 109 | |
| 202001/01/2020 – 31/12/2020 | 435 t. | 1.9 mio. | 22.3 mio. | 15.5 mio. | 120 | |
| 201901/01/2019 – 31/12/2019 | 388 t. | 6.4 mio. | 13.5 mio. | 5.8 mio. | 143 |
Compared to 1.527 companies in Administrations- og kontorserviceaktiviteter
Comparison is based on industry median values
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See the API documentationXL Management ApS was founded on 25 September 2017.
XL Management ApS is registered under the industry Administrations- og kontorserviceaktiviteter (industry code 821000).
XL Management ApS is owned by Geert Winther Skovsgaard.
In 2025, XL Management ApS reported a gross profit of DKK 3,262,469.
The management of XL Management ApS consists of Geert Winther Skovsgaard.
XL Management ApS is located at Hundborgvej 198, 7700 Thisted.
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XL Management ApS has published its annual report for 2025. Gross profit came to DKK 3,262,469, and the net result was DKK -13,287,532.
As of December 22, 2025, Geert Winther Skovsgaard is registered as an owner of XL Management ApS with an ownership share of 100%.
XL Management ApS has published its annual report for 2024. Gross profit came to DKK 972,347, and the net result was DKK -357,892.
XL Management ApS has published its annual report for 2023. Gross profit came to DKK 1,149,511, and the net result was DKK -2,024,869.
XL Management ApS has published its annual report for 2022. Gross profit came to DKK 484,913, and the net result was DKK -16,517,661.
As of March 13, 2023, RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of XL Management ApS.
As of March 13, 2023, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of XL Management ApS.
XL Management ApS has published its annual report for 2021. Gross profit came to DKK 132,502, and the net result was DKK -4,657,100.
XL Management ApS has published its annual report for 2020. Gross profit came to DKK 435,304, and the net result was DKK 1,937,068.
As of December 15, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of XL Management ApS.
As of December 15, 2020, RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of XL Management ApS.
XL Management ApS has published its annual report for 2019. Gross profit came to DKK 388,272, and the net result was DKK 6,355,300.
XL Management ApS has published its interim report for the period September 25, 2017 – December 31, 2018.
As of September 25, 2017, RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of XL Management ApS.
As of September 25, 2017, Geert Winther Skovsgaard is registered as adm. dir. of XL Management ApS.
XL Management ApS was founded on September 25, 2017.
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