CVR 20850787Private limited company (ApS)Ikke-finansielle holdingselskaber (642120)NibeFounded 19 Mar 1998
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about IPA HOLDING ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexEmployees
4
CVR registry, Jul 2026
Gross profit
70.3M
DKK, annual report 2025
+12.5% on 2024
Result
+7M
DKK, annual report 2025
Equity
186.6M
DKK, annual report 2025
I.P.A.-FONDEN. NIBE - STIFTET AF FAMILIEN JOACHIM PETERSENCVR 11636535, 50% to under 66.7% of capital and votes, since 2 Jun 1998
I.P.A.-FONDEN. NIBE - STIFTET AF FAMILIEN VALDEMAR SMITHCVR 11606091, 50% to under 66.7% of capital and votes, since 2 Jun 1998
Group holding company
Dandex estimate: NACE 642120, no majority ownerNiels Erik Smithsince 9 Sep 2016
CVR 1163653550% to under 66.7% of capital and votessince 2 Jun 1998
CVR 1160609150% to under 66.7% of capital and votessince 2 Jun 1998
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
4 Danish companies.
SubsidiaryCVR 52743419100% of capital and votes
SubsidiaryCVR 52081211100% of capital and votes
SubsidiaryCVR 31748534100% of capital and votes
CVR 454667015% to under 10% of capital and votes
Found by searching the CVR owner register (ejerregister) for IPA HOLDING ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
Decided by Dandex with fixed rules from the CVR register and the filed annual reports, not registered by the company. Each label links to its definition.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
19 Mar 1998 to 11 Nov 2026.
19 Mar 1998 to 11 Nov 2026.
Jul 2026, monthly: 4 employees, 4 FTE
Arrow keys move through the periods, Home and End go to the first and the latest, Escape returns to the latest.
| Period | Jun 2023 | Dec 2023 | Jun 2024 | Dec 2024 | Jun 2025 | Dec 2025 | Jul 2026 |
|---|---|---|---|---|---|---|---|
| Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| FTE | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Series | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Monthly Jun 2023 to Jul 2026.
Latest Jul 2026, published 22 Sep 2026. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 64,423 | 54,038 | 50,059 | 62,487 | 70,296 |
| Operating profit | +4,962 | -721 | -7,907 | -16,987 | -2,149 |
| Result for the year | +16,060 | -9,097 | +2,905 | -10,692 | +6,951 |
| Equity | 204,182 | 191,285 | 194,190 | 181,248 | 186,599 |
| Total assets | 224,580 | 207,485 | 238,606 | 226,474 | 217,457 |
| Employees (average) | 145 | 135 | 130 | 173 | 153 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | 0.9% | -16.1% | -9.5% | 27.4% | 14.5% |
| EBITDA | 6,985 | 1,181 | -5,602 | -13,283 | 705 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | Pro: in the Pro plan, see pricingEBITDA as a share of gross profit. | ||||
| Employee growth (vækst i antal ansatte) | 0.7% | -6.9% | -3.7% | 33.1% | -11.6% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | Pro: in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash. | ||||
| Gearing, NIBD / EBITDA | Pro: in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes. | ||||
| Interest coverage (rentedækning) | Pro: in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest. | ||||
| Adjusted equity ratio (justeret soliditetsgrad) | Pro: in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis. | ||||
| ROIC (afkast af investeret kapital) | Pro: in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt. | ||||
| Capex (investeringer i anlægsaktiver) | 363 | 2,092 | 22,732 | 4,436 | 776 |
| Capex % of sales (investeringer i procent af omsætningen) | Pro: in the Pro plan, see pricingCapex as a share of revenue. | ||||
| FCFF / EBITDA (pengestrømskonvertering) | Pro: 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. Group figures (koncern).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 4 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 27 May 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 19 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 22 May 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 30 May 2022
Dandex has recorded no changes to this company since it began following the register.
Pro: 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).
The rows marked Pro on this page hold values in the Pro plan. For IPA HOLDING ApS, that is:
Have Pro? Sign in to see the values on this page.
Each registered value from the day it took effect, newest first.
From CVR, read 11 Nov 2026. Text such as the signing rule and purpose is shown as registered.
10 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Til Erhvervsstyrelsens registrering af den 11.06.2025:
Registreringen beror på en fejl og Erhvervsstyrelsen har derfor tilbageført registreringen.
Ændringen omhandler at Liselotte Kirstine Marianne Ulstrup er fratrådt og Thomas Ulstrup er tiltrådt.
Bestyrelse:
Fratrådte:
Liselotte Kirstine Marianne Ulstrup, den 23.05.2025.
Tiltrådte:
Thomas Ulstrup, den 23.05.2025.
Bestyrelse:
Fratrådte:
Hans Ole Joachim Petersen, den 20.05.2022, Else Smith, den 20.05.2022.
Tiltrådte:
Valdemar Smith, den 20.05.2022, Niels-Jacob Ulstrup, den 20.05.2022.
Vedtægter ændret:
23.05.2011.
Revision:
Udtrådt af revisionen:
BEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB, den 24.09.2010.
Indtrådt i revisionen:
CVR-NR. 32895468 BEIERHOLM, STATSAUTORISERET REVISIONSPARTNERSELSKAB, Voergårdvej 2, 9200 Aalborg SV, den 24.09.2010.
Ved kommunalreformen den 1. januar 2007 er hjemstedskommunen ændret.
Vedtægter ændret:
21.06.2006.
Direktion:
Udtrådt af direktionen:
Niels Jacob Petersen, den 13.09.2005.
Selskabet tegnes 1 direktør og 1 bestyrelsesmedlem eller af den samlede bestyrelse.
Bestyrelse:
Udtrådt af bestyrelsen:
Valdemar Smith, den 28.05.2001.
Indtrådt i bestyrelsen:
Else Smith, den 28.05.2001.
Stiftelsesdato:
19.03.1998.
Seneste vedtægtsdato:
19.03.1998.
Kapital:
kr. 10.000.000,00.
Indbetalingsmåde:
i værdier kr. 10.000.000,00 til kurs 1.354,71.
Stiftere:
REG.NR. ERF220341 I.P.A.-FONDEN, NIBE - STIFTET AF FAMILIEN JOACHIM PETERSEN, J Petersens Vej 9, 9240 Nibe, den 19.03.1998, REG.NR. ERF220342 I.P.A.-FONDEN, NIBE - STIFTET AF FAMILIEN VALDEMAR SMITH, den 19.03.1998.
Bestyrelse:
Hans Ole Joachim Petersen, den 19.03.1998, Valdemar Smith, den 19.03.1998, Niels Erik Smith, den 19.03.1998, Liselotte Kirstine Marianne Ulstrup, den 19.03.1998.
Direktion:
Direktør Niels Jacob Petersen, den 19.03.1998, Direktør Erik Smith, den 19.03.1998.
Selskabet tegnes af to direktører i forening, eller af 3 bestyrelsesmedlemmer i forening med en direktør eller af den samlede bestyrelse.
Revision:
MORTENSEN & BEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB, Voergaardsvej 2, postboks 7060, 9200 Aalborg SV, den 19.03.1998.
Første regnskabsår:
19.03.1998 - 31.12.1998.
Regnskabsår:
01.01 - 31.12.
1 registered in CVR.
P-number 1004567932Jacob Petersens Vej 9, 9240 Nibe
