CVR: 40733507
DKK 1,768,498
Gross profit
Net result: DKK 687,734
Lumfah ApS
CVR · view ownership and management
Director role ended: Allan Asmussen
CVR · 17/05/2022
View the full event history
Tier1MTG ApS is a Danish company of the type Anpartsselskab based in Vipperød, founded in 2019. The company is registered under the industry Detailhandel med brugte varer. The management consists of Dan Qwist Sønderskov. The company is owned by Lumfah ApS. In 2025, the company reported a gross profit of DKK 1,768,498 and a net result of DKK 687,734 compared with DKK 60,299 the year before. Equity in the 2025 report amounted to DKK 956,186.
Source: annual report 2025, Danish Business Authority
The financial health of Tier1MTG ApS appears to be improving, with a notable increase in gross profit and profitability over the past few years. In 2025, the company reported a gross profit of 1,768,498 DKK and a profit of 687,734 DKK, marking a significant rise from a loss of 101,601 DKK in 2022. Equity has also strengthened, reaching 956,186 DKK in 2025, indicating a solid foundation for future growth. However, the lack of disclosed revenue figures raises concerns about transparency and overall market position within the used goods retail sector. Overall, the upward trend in profits and equity suggests a positive trajectory, but the company must address its revenue reporting to enhance its standing in the industry.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive handelsvirksomhed med antikviteter og samleobjekter 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 | 1.8 mio. | 688 t. | 3.5 mio. | 956 t. | 5 | |
| 202401/01/2024 – 31/12/2024 | 1.2 mio. | 60 t. | 2.7 mio. | 268 t. | 5 | |
| 202301/01/2023 – 31/12/2023 | 1.9 mio. | 347 t. | 2.7 mio. | 358 t. | 6 | |
| 202201/01/2022 – 31/12/2022 | 1.1 mio. | -102 t. | 2.6 mio. | 11 t. | - | |
| 202101/01/2021 – 31/12/2021 | 1.5 mio. | 73 t. | 2.8 mio. | 113 t. | - |
Compared to 334 companies in Detailhandel med brugte varer
Comparison is based on industry median values
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Read about the CDS scoreTier1MTG ApS was founded on 23 August 2019.
Tier1MTG ApS is registered under the industry Detailhandel med brugte varer (industry code 477900).
Tier1MTG ApS is owned by Lumfah ApS.
In 2025, Tier1MTG ApS reported a gross profit of DKK 1,768,498.
The management of Tier1MTG ApS consists of Dan Qwist Sønderskov.
Tier1MTG ApS is located at Vipperød Byvej 8, 4390 Vipperød.
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Tier1MTG ApS has published its annual report for 2025. Gross profit came to DKK 1,768,498, and the net result was DKK 687,734.
Tier1MTG ApS has published its annual report for 2024. Gross profit came to DKK 1,159,674, and the net result was DKK 60,299.
Tier1MTG ApS has published its annual report for 2023. Gross profit came to DKK 1,900,735, and the net result was DKK 347,125.
Tier1MTG ApS has published its annual report for 2022. Gross profit came to DKK 1,093,365, and the net result was DKK -101,601.
Tier1MTG ApS has published its annual report for 2021. Gross profit came to DKK 1,494,461, and the net result was DKK 72,992.
As of May 17, 2022, Allan Asmussen has stepped down as director of Tier1MTG ApS.
As of May 17, 2022, Lumfah ApS is registered as an owner of Tier1MTG ApS with an ownership share of 100%.
Tier1MTG ApS has published its interim report for the period August 23, 2019 – December 31, 2020.
As of August 23, 2019, Dan Qwist Sønderskov is registered as adm. dir. of Tier1MTG ApS.
As of August 23, 2019, Allan Asmussen is registered as director of Tier1MTG ApS.
Tier1MTG ApS was founded on August 23, 2019.
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