True Boat Builders ApS: Financial statements 2019
CVR: 77666311
Source: annual report 2019, Danish Business Authority
01/07/2018 – 30/06/2019
True Boat Builders ApS (CVR 77666311) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 10,920,317 and a net result of DKK 764,996 compared with DKK -932,327 the year before. That is an increase of 53.1% compared with the year before. Equity in the 2019 report amounted to DKK 3,519,642. The solvency ratio was 16.5%. The company had 15 employees in the financial year.
- Gross Profit
- DKK 10,920,317
- Profit/Loss
- DKK 764,996
- Equity
- DKK 3,519,642
- Total Assets
- DKK 21,288,447
- Employees
- 15
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 10.9 mio. | 765 t. | 3.5 mio. | 15 |
| 2018 | - | 7.1 mio. | -932 t. | 3.4 mio. | 21 |
| 2017 | - | 12 mio. | 1.1 mio. | 5.6 mio. | 12 |
| 2016 | - | 8.8 mio. | 1 mio. | 4.2 mio. | - |
| 2015 | - | 5.8 mio. | 237 t. | 3.2 mio. | - |
Official annual report
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As of November 13, 2019, Kai Smith has left the board of directors of True Boat Builders ApS.
About True Boat Builders ApS
True Boat Builders ApS is a Danish company of the type Anpartsselskab based in Lunderskov, founded in 1985. The company is registered under the industry Bygning af både til fritid og sport. The company was previously named NORDSHIP YACHTS ApS and BUCHWALD YACHTS ApS. The management consists of Thomas Dan Hougaard. The company's owners include Hougaard 2010 ApS, BONN-HALLESCHE Immobilienservice & Projektentwicklungs AG and Nicholas Paul Shepherd. The company has 21 employees (2026). In 2025, the company reported a gross profit of DKK 7,918,894 and a net result of DKK -2,045,135 compared with DKK -864,171 the year before. Equity in the 2025 report amounted to DKK -1,370,696.