MORAND HOLDING ApS (CVR 15513586) company profile

Ownership

FORCE INVEST ApS
CVR 34576351100% of capital and votessince 28 Jun 2013

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): Jointly held, no single controllerA company in the chain has two or more owners at 50% or more each; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 14 Nov 2026.
Control tenure (ejerskabsperiode): Pro: Control tenure (ejerskabsperiode) is in the Pro plan, see pricingHow long the current ultimate controller has held control, from the CVR owner register.
Group position (koncernforhold): Has a parent, and no majority holding in a Danish companyControlled by a company in CVR; it holds 50% or more of no Danish company. Dandex estimate, rule v2, computed 14 Nov 2026.
Signing authority, structured (tegningsregel, struktureret): One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 14 Nov 2026.
EU SME size class (SMV-kategori): Not determinedThe 2025 figures fit more than one class: revenue or the balance sheet total that would decide is not filed. Dandex estimate, rule v2, computed 14 Nov 2026.
Long-run headcount growth (beskæftigelsesudvikling siden 1998): Not determinedNo employment figures since Dec 2011. Dandex estimate, rule v1, computed 14 Nov 2026.
Demand cyclicality (konjunkturfølsomhed): Pro: Demand cyclicality (konjunkturfølsomhed) is in the Pro plan, see pricingHow demand for its products moves with the economy, from its industry.
Registry and report headcount compared (ansatte i register og regnskab): Pro: Registry and report headcount compared (ansatte i register og regnskab) is in the Pro plan, see pricingThe report's average employees beside the registry's staff over the same year.
Auditor's report (revisorpåtegning): Extended reviewTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 12 Nov 2026, from the annual report for the year ending 31 Dec 2025.
Auditor's report findings (revisorpåtegning): Pro: Auditor's report findings (revisorpåtegning) is in the Pro plan, see pricingThe auditor's findings: conclusion, going concern, emphasis, other matters, breaches.
Revenue model (indtægtsmodel): Pro: Revenue model (indtægtsmodel) is in the Pro plan, see pricingThe kinds of revenue the accounting policies name, and the main one.

Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report, the business model and the revenue model a calibrated decision model reading the report's text and the purpose clause, not registered by the company. Each label links to its definition.

People

Current (1)

Morten Kofoed MarkerExecutive board since 8 Jun 2012

Founders (1)

VX 20.181 ApSFounded 1 Oct 1991

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Former (5)

Svend Møller NielsenExecutive board 1 Oct 1991 to 8 Jun 2012
Per Emil Hasselbalch StakemannExecutive board 1 Oct 1991 to 20 Oct 1992
Gudrun Marianne Møller NielsenExecutive board 15 Jan 2007 to 20 Dec 2010
Hans Børge NielsenAuditor 1 Oct 1991 to 1 Jan 2007
Erik Tronborg AndersenAuditor 1 Oct 1991 to 20 Oct 1992

Network

Roles over time

Morten Kofoed Marker: Executive board, 8 Jun 2012 to today.

8 Jun 2012 to 14 Nov 2026.

Former (5)

Svend Møller Nielsen: Executive board, 1 Oct 1991 to 8 Jun 2012.
Gudrun Marianne Møller Nielsen: Executive board, 15 Jan 2007 to 20 Dec 2010.
Hans Børge Nielsen: Auditor, 1 Oct 1991 to 1 Jan 2007.
Per Emil Hasselbalch Stakemann: Executive board, 1 Oct 1991 to 20 Oct 1992.
Erik Tronborg Andersen: Auditor, 1 Oct 1991 to 20 Oct 1992.

1 Oct 1991 to 14 Nov 2026.

Executive board (direktion)Other rolesEach bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Headcount

EmployeesFTE

2011, annual: 0 employees, 1 FTE

Show as table

Registry headcount, 2004 to 2011, oldest left to newest right
Period	2004	2005	2006	2007	2008	2009	Q1 2010	Q2 2010	Q3 2010	Q4 2010	2011
Employees	1	2	2	1	1	1	No count	No count	No count	No count	0
FTE	1	1	2	1	1	1	1	1	1	1	1
Series	Annual	Annual	Annual	Annual	Annual	Annual	Quarterly	Quarterly	Quarterly	Quarterly	Annual

The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Annual 2004 to 2009 and 2011; quarterly Q1 2010 to Q4 2010.

Latest 2011, published 18 Jul 2013. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	-28	-54	-66	-73	-152
Operating profit	-116	-142	-154	-160	-240
Result for the year	+10,704	-10,725	+10,105	+12,968	+2,878
Equity	86,531	75,806	72,411	85,379	88,257
Total assets	86,609	75,887	72,492	88,203	89,323
Employees (average)	Not reported	Not reported	Not reported	Not reported	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	-101%	n.m.^{note 1}	n.m.^{note 1}	n.m.^{note 1}	n.m.^{note 1}
EBITDA	-28	-54	-66	-73	-152
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.	Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.
Net interest-bearing debt (NIBD, nettorentebærende gæld)Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.	Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.
Gearing, NIBD / EBITDAPro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.	Pro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.
Interest coverage (rentedækning)Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.	Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.
Adjusted equity ratio (justeret soliditetsgrad)Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.	Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.
ROIC (afkast af investeret kapital)Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.	Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.
Capex (investeringer i anlægsaktiver)	0^{note 2}	0^{note 2}	0^{note 2}	0^{note 2}	0^{note 2}
Capex % of sales (investeringer i procent af omsætningen)Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.	Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.
FCFF / EBITDA (pengestrømskonvertering)Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.	Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Rows marked Pro hold a value in the Pro plan. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.

1 n.m.: the year before is not positive
2 Dandex estimate: capex from the balance sheet change plus D&A

Credit rating (kreditvurdering): Pro: Credit rating (kreditvurdering) is in the Pro plan, see pricingA score from 0 to 100 with a grade from A to F, from the latest annual reports.
Capital loss (kapitaltab): Pro: Capital loss (kapitaltab) is in the Pro plan, see pricingNegative equity, or equity below half the share capital, in the latest report.
Filing deadline and punctuality (indsendelsesfrist): Pro: Filing deadline and punctuality (indsendelsesfrist) is in the Pro plan, see pricingThe next annual report deadline.

Annual reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 16 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 26 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 26 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 22 Jun 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 30 May 2022
PDF

Financials

Changes

No changes since Dandex began following this company. For announcements from before then, see Registrations.

Signals (signaler)

Pro: Signals (signaler) are in the Pro plan, see pricingChanges worth a look, raised from the registry and new annual reports.

New leadership (nyt lederskab), New company (ny virksomhed), Ownership change (ejerskifte), Relocation (flytning), Growth surge (vækstspurt), Headcount decline (nedgang i ansatte), Restructuring (omstrukturering), Industry change (brancheskift), Board change (bestyrelsesændring), Dissolution (ophør), Distress warning (risikoadvarsel), Fund investment (fondsinvestering), Fund exit (fondsexit), Fund board seat (fondsbestyrelsespost).

Changes

Pro for this company

The rows marked Pro on this page hold values in the Pro plan. For MORAND HOLDING ApS, that is:

Credit and debt: Net interest-bearing debt, gearing, NIBD / EBITDA, interest coverage and adjusted equity ratio, for 2021 to 2025.Credit rating, capital loss and filing deadline and punctuality.
Returns and cash flow: EBITDA / gross profit, ROIC, capex % of sales and FCFF / EBITDA, for 2021 to 2025.
Advanced estimates: Control tenure, demand cyclicality, registry and report headcount compared, auditor's report findings and revenue model.
Signals and monitoring: Signals on this company, as Dandex raises them.

See the Pro plan

Have Pro? Sign in to see the values on this page.

Registry facts

Signing rule (tegningsregel): Selskabet tegnes af en direktør.since 14 Nov 2014
Purpose (formål): Selskabets formål er at investere i værdipapirer og anden lignende finansiel virksomhed, udlejningsvirksomhed, samt at yde ledelsesmæssig bistand på konsulentbasis og anden virksomhed i forbindelse hermed.since 14 Nov 2014
Audit opted out (revision fravalgt): Nosince 8 Oct 2026
Articles of association last changed (seneste vedtægtsdato): 8 Oct 2026
Anti-money-laundering act (hvidvaskloven): Not covered (Ikke omfattet)since 23 May 2017
Financial year change (omlægning af regnskabsår): 1 Jul 2015 to 31 Dec 2015

Share capital

Each registered value from the day it took effect, newest first.

28 Jun 2013DKK 150,000+25,000
26 Nov 1996DKK 125,000+45,000
14 Oct 1991DKK 80,000Earliest in CVR

From CVR, read 14 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

History (historik)

Name changes: 3 in all, none in the last 5 years; latest 8 Jun 2012
Address changes: 3 in all, none in the last 5 years; latest 5 Aug 2019At the current address for 7.3 years
Status changes: None recorded
Auditor changes: 4 in all, 1 in the last 5 years; latest 8 Oct 2026With the current audit firm for 0.1 years

Names (navne)

8 Jun 2012 to now
MORAND HOLDING ApS
31 May 2000 to 7 Jun 2012
NEWPOND ApS
21 Oct 1992 to 30 May 2000
SMN FINANS ApS
1 Oct 1991 to 20 Oct 1992
ApS KBUS 38 NR. 1969

Addresses (adresser)

5 Aug 2019 to now
Svend Estridsens Vej 7, 4000 Roskilde
23 Nov 2015 to 4 Aug 2019
Stockholmsgade 41, 2100 København Ø
20 Jun 2012 to 22 Nov 2015
Svend Estridsens Vej 7, 4000 Roskilde
1 Oct 1991 to 19 Jun 2012
Nydamsvej 26, 2880 Bagsværd

Audit firms (revision)

8 Oct 2026 to now
Powered-By Statsautoriseret Revisionspartnerselskab
28 Jun 2013 to 3 Apr 2017
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
14 Jun 2012 to 28 Jun 2013
ERNST & YOUNG DENMARK P/S
7 Jan 2009 to 14 Jun 2012
EJENDOMSSELSKABET GERSONSVEJ 7 ApS
1 Jan 2007 to 7 Jan 2009
MJAKP2 I/S

From CVR, read 14 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.

History (historik)

Registrations (registreringer)

21 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

12 Oct 2026
Audit change
Vedtægter ændret: 08.10.2026
Revision:
Tiltrådte:
CVR-NR. 44282380 Powered-By Statsautoriseret Revisionspartnerselskab, Kay Fiskers Plads 11, 18., 2300 København S, den 08.10.2026.
5 Aug 2019
Address change
Ny adresse: Svend Estridsens Vej 7, 4000 Roskilde
Ny kommune: Roskilde
6 Apr 2017
Audit change
Vedtægter ændret: 03.04.2017
Revision:
Fratrådte:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 03.04.2017.
4 Dec 2015
People change
Vedtægter ændret: 27.11.2015
Regnskabsår ændret til: 01.01 - 31.12
Omlægningsperiode: 01.07.2015 - 31.12.2015
23 Nov 2015
People change Address change
Ny adresse: c/o Elmann Advokatpartnerselskab, Stockholmsgade 41, 2100 København Ø
Ny kommune: København
10 Feb 2015
Other
Vedtægter ændret:
14.11.2014.
4 Sep 2013
Other Capital change Audit change
Vedtægter ændret:
28.06.2013.
Kapitalforhøjelse:
kr. 25.000,00 indbetalt ved konvertering af gæld, kurs 30.470,00.
Kapitalen udgør herefter kr. 150.000,00.
Revision:
Show the full announcement
Udtrådt af revisionen:
CVR-NR. 26052394 ERNST & YOUNG P/S, den 28.06.2013.
Indtrådt i revisionen:
CVR-NR. 33963556 DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Weidekampsgade 6, 2300 København S, den 28.06.2013.
3 Jul 2012
Other
Vedtægter ændret:
30.06.2012.
Regnskabsår ændret til:
01.07 - 30.06.
Omlægningsperiode:
01.01.2012 - 30.06.2013.
20 Jun 2012
Other
Vedtægter ændret:
08.06.2012.
Ny adresse:
c/o Morten Kofoed Marker, Svend Estridsens Vej 7, 4000 Roskilde.
Ny kommune:
Roskilde.
Slettede binavne:
NEWFUND ApS, SMN FINANS ApS.
19 Jun 2012
Audit change Other
Revision:
Udtrådt af revisionen:
CVR-NR. 20436034 IN-REVISION GODKENDT REVISIONSAKTIESELSKAB, den 14.06.2012.
Indtrådt i revisionen:
CVR-NR. 26052394 ERNST & YOUNG P/S, Gyngemose Parkvej 50, 2860 Søborg, den 14.06.2012.

Show 11 more

19 Jun 2012
Other
Vedtægter ændret:
08.06.2012.
Nyt navn:
MORAND HOLDING ApS.
Binavne:
NEWFUND ApS, SMN FINANS ApS.
8 Jun 2012
People change Other
Direktion:
Udtrådt af direktionen:
Svend Møller Nielsen, den 08.06.2012.
Indtrådt i direktionen:
Morten Kofoed Marker, den 08.06.2012.
20 Dec 2010
Other People change
Direktion:
Udtrådt af direktionen:
Gudrun Marianne Møller Nielsen, den 20.12.2010.
12 Jan 2009
Other Audit change
Revision:
Udtrådt af revisionen:
CVR-NR. 24252019 AP, STATSAUTORISEREDE REVISORER I/S, den 07.01.2009.
Indtrådt i revisionen:
CVR-NR. 20436034 IN-REVISION STATSAUTORISEREDE REVISORER A/S, Gersonsvej 7, 2900 Hellerup, den 07.01.2009.
22 Feb 2007
Audit change Other People change
Direktion:
Indtrådt i direktionen:
Gudrun Marianne Møller Nielsen, den 15.01.2007.
Revision:
Udtrådt af revisionen:
Hans Børge Nielsen, den 01.01.2007.
Indtrådt i revisionen:
CVR-NR. 24252019 AP, STATSAUTORISEREDE REVISORER I/S, Nørre Farimagsgade 11, 1364 København K, den 01.01.2007.
21 Dec 2006
Other
Vedtægter ændret:
07.12.2006.
5 Dec 2006
Other
Vedtægter ændret:
20.11.2006.
1 Aug 2000
Other
Vedtægter ændret:
31.05.2000.
Nyt navn:
NEWPOND ApS.
Nye binavne:
NEWFUND ApS (NEWPOND ApS), SMN FINANS ApS (NEWPOND ApS).
12 Feb 1997
Other Capital change
Vedtægter ændret:
17.11.1996.
Kapitalforhøjelse:
kr. 45.000,00 indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 125.000,00.
28 Oct 1992
Audit change Address change Other People change
Vedtægter ændret:
12.10.1992.
Nyt navn:
SMN FINANS ApS
Ny adresse:
Nydamsvej 26, 2880 Bagsværd
Show the full announcement
Ny kommune:
Gladsaxe
Direktion:
Udtrådt af direktionen:
Per Emil Hasselbalch Stakemann
Indtrådt i direktionen:
Civilingeniør Svend Møller Nielsen
Revision:
Udtrådt af revisionen:
Statsaut. revisor Erik Tronborg Andersen
Indtrådt i revisionen:
Statsaut. revisor Hans Børge Nielsen, 1103 København K
30 Dec 1991
New company
Stiftelsesdato:
01.10.1991
Seneste vedtægtsdato:
01.10.1991
Kapital:
kr. 80.000,00
Show the full announcement
Indbetalingsmåde:
kontant kr. 80.000,00 til kurs 100,00
Stifter:
REG.NR. ApS181876 VX 20.181 ApS, Kronprinsessegade 18, 1306 København K
Direktion:
Landsretssagfører Per Emil Hasselbalch Stakemann
Selskabet tegnes af en direktør.
Revision:
Statsaut. revisor Erik Tronborg Andersen, 4000 Roskilde
Første regnskabsår:
01.10.1991 - 31.12.1992
Regnskabsår:
01.01 - 31.12

Registrations (registreringer)

Registration

Address: Svend Estridsens Vej 7
4000 Roskilde
Roskilde Municipality
CVR record last changed: 12 Oct 2026
Data read: 14 Nov 2026

Production units

1 registered in CVR.

MORAND HOLDING ApS
P-number 1000936810Svend Estridsens Vej 7, 4000 Roskilde

Compiled by Dandex from the Danish Business Registry (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

Ownership

People

Network

Financials

Changes

Registry facts

History (historik)

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Dandex estimates

People

Current (1)

Founders (1)

Network

Roles over time

Network

Headcount

Financials

Annual reports

Financials

Changes

Signals (signaler)

Changes

Pro for this company

Registry facts

Share capital

Registry facts

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

History (historik)

Registrations (registreringer)

Registrations (registreringer)

Registration

Production units

Dandex in your own tools

Who is behind it

Dandex estimates

Current (1)

Founders (1)

Network

Owners and the control chain

Its people and their other companies

Network

Roles over time

Headcount

Financials

Annual reports

Changes

Signals (signaler)

Pro for this company

Registry facts

Share capital

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

Registrations (registreringer)

Production units

Network

Owners and the control chain

Its people and their other companies