M.U.D. TRADING ApS (CVR 26994543) Company Profile

Ownership

Kenneth Thomas Olsen
50% to under 66.7% of capital and votesnotified 31 Dec 2025since 13 Nov 2015
CVJ-HOLDING ApS
CVR 3136216410% to under 15% of capital and votessince 1 Jul 2019
Zeuthen Soci ApS
CVR 4098257433.3% to under 50% of capital and votessince 1 Apr 2024

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

Former owners (2)

NEBBEGÅRD INVEST A/S
CVR 3349667210% to under 15% of capital and votesnotified 31 Dec 202529 Oct 2023 to 31 Dec 2025
Blue Logistics Group A/S
CVR 1952744150% to under 66.7% of capital and votesnotified 29 Oct 20231 Jul 2019 to 29 Oct 2023

Dandex Estimates

Legal ownership resolution (Ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, directly; legal owners in the CVR owner register only. Dandex estimate, rule v2, computed 10 Nov 2026.
Control tenure (Ejerskabsperiode): Under 2 yearsControlled by a person for 0.9 years, from the latest day an owner in the control chain took control. Dandex estimate, rule v2, computed 10 Nov 2026.
Group position (Koncernforhold): No parent, and no majority holding in a Danish companyControlled by a person; it holds 50% or more of no Danish company. Dandex estimate, rule v1, computed 10 Nov 2026.
Signing authority, structured (Tegningsregel, struktureret): Not read: the wording is not in the grammarThe wording of the registered signing rule is not one the grammar reads; see the rule as registered. Dandex estimate, rule v2, computed 10 Nov 2026.

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.

People

Current (2)

Kenneth Thomas OlsenExecutive board since 20 Sep 2004, Board of directors since 7 Jun 2024
Martin Møller JensenBoard of directors since 7 Jun 2024

Founders (1)

VICTOR CHRISTOFFERSEN ApSFounded 1 Jan 2004

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

Former (8)

Per LassenExecutive board 19 Apr 2004 to 27 Apr 2004
Robert Sartorelli de BernardinExecutive board 19 Apr 2004 to 20 Sep 2004
Victor ChristoffersenExecutive board 1 Jan 2004 to 19 Apr 2004
Lasse Søndergaard PedersenExecutive board 20 Sep 2004 to 5 Nov 2015
Lars Ole Bendtzen Wirenfeldt KruseExecutive board 19 Apr 2004 to 20 Sep 2004
Karsten Frost MathiesenBoard of directors 26 Aug 2019 to 7 Jun 2024
Anders Vincents JansenBoard of directors 26 Aug 2019 to 7 Jun 2024
Karl-Alfred BrylleAuditor 1 Jan 2004 to 19 Apr 2004

Network

Roles Over Time

Kenneth Thomas Olsen: Executive board, 20 Sep 2004 to today; Board of directors, 7 Jun 2024 to today.
Martin Møller Jensen: Board of directors, 7 Jun 2024 to today.

20 Sep 2004 to 10 Nov 2026.

Former (8)

Karsten Frost Mathiesen: Board of directors, 26 Aug 2019 to 7 Jun 2024.
Anders Vincents Jansen: Board of directors, 26 Aug 2019 to 7 Jun 2024.
Lasse Søndergaard Pedersen: Executive board, 20 Sep 2004 to 5 Nov 2015.
Robert Sartorelli de Bernardin: Executive board, 19 Apr 2004 to 20 Sep 2004.
Lars Ole Bendtzen Wirenfeldt Kruse: Executive board, 19 Apr 2004 to 20 Sep 2004.
Per Lassen: Executive board, 19 Apr 2004 to 27 Apr 2004.
Victor Christoffersen: Executive board, 1 Jan 2004 to 19 Apr 2004.
Karl-Alfred Brylle: Auditor, 1 Jan 2004 to 19 Apr 2004.

1 Jan 2004 to 10 Nov 2026.

Executive board (Direktion)Board of directors (Bestyrelse)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

Aug 2026, monthly: 3 employees, 2 FTE

Show as Table

Registry headcount, 2005 to Aug 2026, oldest left to newest right
Period	2005	2006	2007	2008	2009	Q1 2010	Q2 2010	Q3 2010	Q4 2010	2011	2012	2013	2014	Jan 2015	Feb 2015	Mar 2015	Apr 2015	May 2015	Jun 2015	Jul 2015	Sep 2015	Dec 2015	Feb 2016	Mar 2016	Apr 2016	May 2016	Jun 2016	Jul 2016	Aug 2016	Sep 2016	Oct 2016	Nov 2016	Dec 2016	Jan 2017	Feb 2017	Mar 2017	Apr 2017	May 2017	Jun 2017	Jul 2017	Aug 2017	Sep 2017	Oct 2017	Nov 2017	Dec 2017	Feb 2018	Mar 2018	Apr 2018	May 2018	Jun 2018	Jul 2018	Aug 2018	Sep 2018	Oct 2018	Nov 2018	Dec 2018	Jan 2019	Feb 2019	May 2019	Jun 2019	Q3 2019	Oct 2019	Nov 2019	Dec 2019	Jan 2020	Feb 2020	Mar 2020	Apr 2020	May 2020	Jun 2020	Jul 2020	Aug 2020	Sep 2020	Oct 2020	Nov 2020	Dec 2020	Jan 2021	Feb 2021	Mar 2021	Apr 2021	May 2021	Jun 2021	Jul 2021	Aug 2021	Sep 2021	Oct 2021	Nov 2021	Dec 2021	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023	Nov 2023	Dec 2023	Jan 2024	Feb 2024	Mar 2024	Apr 2024	May 2024	Jun 2024	Jul 2024	Aug 2024	Sep 2024	Oct 2024	Nov 2024	Dec 2024	Jan 2025	Feb 2025	Mar 2025	Apr 2025	May 2025	Jun 2025	Jul 2025	Aug 2025	Sep 2025	Oct 2025	Nov 2025	Dec 2025	Jan 2026	Feb 2026	Mar 2026	Apr 2026	May 2026	Jun 2026	Jul 2026	Aug 2026
Employees	3	2	2	2	3	No count	No count	No count	No count	2	3	2	4	4	4	4	4	5	5	5	5	6	6	6	6	6	6	6	5	6	6	6	6	5	4	5	5	5	5	5	4	3	3	3	3	4	3	4	4	4	4	4	3	3	3	2	2	2	2	1	1	1	1	1	2	2	2	2	2	1	2	1	2	1	2	2	1	2	1	2	1	1	2	2	2	2	1	1	2	1	2	1	2	1	1	2	2	3	2	2	2	2	2	2	2	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	3	2	2	2	2	2	2	2	2	1	1	2	2	3	3	3	4	3	3	3	3
FTE	1	2	2	2	2	2	2	2	2	1	2	2	1	3	2	2	2	2	3	3	3	4	4	4	3	4	4	3	2	3	3	3	3	3	1	3	3	3	3	3	3	2	2	2	2	3	2	3	2	2	2	3	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2	1	2	2	2	2	2	1	1	2	2	2	2	2	2	2	2	2	2
Series	Annual	Annual	Annual	Annual	Annual	Quarterly	Quarterly	Quarterly	Quarterly	Annual	Annual	Annual	Annual	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Quarterly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	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. Annual 2005 to 2009 and 2011 to 2014; quarterly Q1 2010 to Q4 2010 and Q3 2019; monthly Jan 2015 to Jun 2019 and Oct 2019 to Aug 2026.

CVR changed its monthly method in Oct 2019, so a step at that month need not be real.

Latest Aug 2026, published 21 Oct 2026. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	570	688	433	878	494
Operating profit	+153	+223	-158	+458	-94
Result for the year	+137	+115	-227	+252	-131
Equity	-662	-546	-773	343	213
Total assets	1,686	1,689	1,969	1,884	1,863
Employees (average)	1	1	2	1	2
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	n.m.^{note 1}	20.7%	-38%	102.8%	-43.8%
EBITDA	203	274	-107	509	-65
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)	35.7%	39.8%	-24.7%	58%	-13.3%
Employee growth (vækst i antal ansatte)	-50%	0%	100%	-50%	100%
Net interest-bearing debt (NIBD, nettorentebærende gæld)	28	-111	-120^{note 2}	Not reported^{note 3}	Not reported^{note 3}
Gearing, NIBD / EBITDA	0.1x	Net cash	n.m.^{note 4}	Not reported^{note 3}	Not reported^{note 3}
Interest coverage (rentedækning)	2x	2.6x	-1.3x	3.7x	-1.7x
Adjusted equity ratio (justeret soliditetsgrad)	-46.3%^{note 5}	-38%^{note 5}	-43.4%^{note 5}	16.3%^{note 5}	9.9%^{note 5}
Capex (investeringer i anlægsaktiver)	0^{note 6}	0^{note 6}	0^{note 6}	0^{note 6}	0^{note 6}
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	1,325	1,333	1,740^{note 2}	Not reported^{note 3}	Not reported^{note 3}

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. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement filed (class A and B are exempt).

1 n.m.: the year before is not positive
2 no interest-bearing debt reported
3 debt not itemised
4 n.m.: EBITDA not positive
5 Dandex estimate: less intangible assets
6 Dandex estimate: capex from the balance sheet change plus D&A

Annual Reports

Annual report 2025
1 Jul 2024 to 30 Jun 2025, published 30 Dec 2025
XHTML
Annual report 2024
1 Jul 2023 to 30 Jun 2024, published 17 Jan 2025
PDF
Annual report 2023
1 Jul 2022 to 30 Jun 2023, published 29 Dec 2023
PDF
Annual report 2022
1 Jul 2021 to 30 Jun 2022, published 7 Nov 2022
PDF
Annual report 2021
1 Jul 2020 to 30 Jun 2021, published 10 Nov 2021
PDF

Financials

Changes

All changes

6 May 2026
Ownership change
M.U.D. TRADING ApS (CVR 26994543) har foretaget ejerskifte pr. 6. maj 2026: 2 indtrådt.
31 Dec 2025
Ownership change
M.U.D. TRADING ApS (CVR 26994543) har foretaget ejerskifte pr. 31. december 2025: 1 indtrådt.
7 Jun 2024
Director change
M.U.D. TRADING ApS (CVR 26994543) har foretaget direktørskifte pr. 7. juni 2024: 2 indtrådt.
1 Apr 2024
Ownership change
M.U.D. TRADING ApS (CVR 26994543) har foretaget ejerskifte pr. 1. april 2024: 1 indtrådt.
26 Aug 2019
Director change
M.U.D. TRADING ApS (CVR 26994543) har foretaget direktørskifte pr. 26. august 2019: 2 indtrådt.
1 Jul 2019
Ownership change
M.U.D. TRADING ApS (CVR 26994543) har foretaget ejerskifte pr. 1. juli 2019: 1 indtrådt.
20 Sep 2004
Director change
M.U.D. TRADING ApS (CVR 26994543) har foretaget direktørskifte pr. 20. september 2004: 1 indtrådt.
19 Apr 2004
Director change
M.U.D. TRADING ApS (CVR 26994543) har foretaget direktørskifte pr. 19. april 2004: 3 indtrådt.
1 Jan 2004
Director change
M.U.D. TRADING ApS (CVR 26994543) har foretaget direktørskifte pr. 1. januar 2004: 1 indtrådt.

Changes

Registry Facts

Signing rule (Tegningsregel): Selskabet tegnes af en direktør i forening med en af de to bestyrelsesmedlemmer eller af den samlede bestyrelse.since 27 Aug 2019
Purpose (Formål): Selskabets formål er at drive industri og handelsince 20 Sep 2004
Audit opted out (Revision fravalgt): Yessince 17 Jan 2025
Articles of association last changed (Seneste vedtægtsdato): 20 Dec 2023
Owners under 5% registered (Ejerregistrering under 5 procent): Nosince 13 Nov 2015
Financial year change (Omlægning af regnskabsår): 1 Jan 2019 to 30 Jun 2020

Share Capital

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

19 Apr 2004125,100 DKK+100
1 Jan 2004125,000 DKKEarliest in CVR

From CVR, read 10 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry Facts

Registrations (Registreringer)

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

24 Jan 2025
Audit change
Revision:
Fratrådte:
BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, den 17.01.2025.
7 Nov 2024
Audit change
Revision:
Tiltrådte:
CVR-NR. 20222670 BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, Nørregade 54B, 4600 Køge, den 07.11.2024.
10 Jun 2024
People change
Bestyrelse:
Fratrådte:
Anders Vincents Jansen, den 07.06.2024, Karsten Frost Mathiesen, (formand), den 07.06.2024.
Tiltrådte:
Martin Møller Jensen, (formand), den 07.06.2024, Kenneth Thomas Olsen, den 07.06.2024.
8 Jan 2024
Audit change
Vedtægter ændret: 20.12.2023
Revision:
Fratrådte:
Grant Thornton, Godkendt Revisionspartnerselskab, den 20.12.2023.
9 Apr 2021
Audit change
Revision:
Fratrådte:
AAEN & CO. STATSAUTORISEREDE REVISORER P/S, den 29.03.2021.
Tiltrådte:
CVR-NR. 34209936 GRANT THORNTON,STATSAUTORISERET REVISIONSPARTNERSELSKAB, Nordstensvej 11, 3400 Hillerød, den 29.03.2021.
18 Oct 2019
Audit change People change
Vedtægter ændret: 26.08.2019
Bestyrelse:
Tiltrådte:
Anders Vincents Jansen, den 26.08.2019, Karsten Frost Mathiesen, (formand), den 26.08.2019.
Selskabet tegnes af en direktør i forening med en af de to bestyrelsesmedlemmer eller af den samlede bestyrelse..
Revision:
Show the full announcement
Tiltrådte:
CVR-NR. 33241763 AAEN & CO. STATSAUTORISEREDE REVISORER P/S, Kongevejen 3, 3000 Helsingør, den 26.08.2019.
Regnskabsår ændret til: 01.07 - 30.06
Omlægningsperiode: 01.01.2019 - 30.06.2020
22 Jun 2016
Audit change
Revision:
Fratrådte:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 06.07.2015.
6 Nov 2015
People change
Vedtægter ændret: 05.11.2015
Direktion:
Fratrådte:
Lasse Søndergaard Pedersen, den 05.11.2015.
Selskabet tegnes af en direktør.
1 Dec 2011
Other Audit change
Revision:
Udtrådt af revisionen:
DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB, den 13.10.2011.
Indtrådt i revisionen:
CVR-NR. 33963556 DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Weidekampsgade 6, 2300 København S, den 13.10.2011.
7 Dec 2005
Audit change Other
Revision:
Udtrådt af revisionen:
CVR-NR. 26580595 ND REVISION KØBENHAVN REGISTRERET REVISIONSAKTIESELSKAB, den 05.12.2005.
Indtrådt i revisionen:
DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB, Datavej 58, 3460 Birkerød, den 05.12.2005.

Show 4 more

20 Oct 2004
People change Other Address change
Vedtægter ændret:
20.09.2004.
Nyt navn:
M.U.D. TRADING ApS.
Ny adresse:
Østerbrogade 51 B, 2100 København Ø.
Show the full announcement
Ny kommune:
København.
Direktion:
Udtrådt af direktionen:
Lars Ole Bendtzen Wirenfeldt Kruse, den 20.09.2004, Robert Peter Perz, den 20.09.2004.
Indtrådt i direktionen:
Kenneth Thomas Olsen, den 20.09.2004, Lasse Søndergaard Pedersen, den 20.09.2004.
11 May 2004
People change Other
Vedtægter ændret:
27.04.2004.
Nyt navn:
FLEXCRUITING ApS.
Direktion:
Udtrådt af direktionen:
Per Lassen, den 27.04.2004.
20 Apr 2004
Address change Audit change Capital change Other People change
Vedtægter ændret:
19.04.2004.
Nyt navn:
A. P. MØLLERS ALLÉ 11 ApS.
Ny adresse:
A.P. Møllers Allé 11, 2791 Dragør.
Show the full announcement
Ny kommune:
Dragør.
Kapitalforhøjelse:
kr. 100,00 indbetalt kontant, kurs 100,00.
Kapitalen udgør herefter kr. 125.100,00.
Direktion:
Udtrådt af direktionen:
Victor Christoffersen, den 19.04.2004.
Indtrådt i direktionen:
Lars Ole Bendtzen Wirenfeldt Kruse, den 19.04.2004, Direktør Per Lassen, den 19.04.2004, Direktør Robert Peter Perz, den 19.04.2004.
Selskabet tegnes af 2 direktører i forening.
Revision:
Udtrådt af revisionen:
Karl Alfred Brylle Larsen, den 19.04.2004.
Indtrådt i revisionen:
CVR-NR. 26580595 ND REVISION KØBENHAVN REGISTRERET REVISIONSAKTIESELSKAB, Lersø Parkalle 42 - 44, 4., 2100 København Ø, den 19.04.2004.
6 Jan 2004
New company
Stiftelsesdato:
01.01.2004.
Seneste vedtægtsdato:
01.01.2004.
Kapital:
kr. 125.000,00.
Show the full announcement
Indbetalingsmåde:
kontant kr. 125.000,00 til kurs 100,00.
Stifter:
CVR-NR. 73233313 ASX 4050 ApS, Rosenborggade 3, 1130 København K, den 01.01.2004.
Direktion:
Advokat Victor Christoffersen (adm. dir), den 01.01.2004.
Selskabet tegnes af en direktør.
Revision:
Statsautoriseret revisor Karl Alfred Brylle Larsen, 1634 København V, den 01.01.2004.
Første regnskabsår:
01.01.2004 - 31.12.2004.
Regnskabsår:
01.01 - 31.12.

Registrations (Registreringer)

Registration

Address: Østerbrogade 51
2100 København Ø
København Municipality
CVR record last changed: 21 Oct 2026
Data read: 10 Nov 2026

Production Units

1 registered in CVR.

M.U.D. TRADING ApS
P-number 1010296265Østerbrogade 51, 2100 København Ø

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.

Ownership

People

Network

Financials

Changes

Registry Facts

Registrations (Registreringer)

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Dandex Estimates

People

Current (2)

Founders (1)

Network

Roles Over Time

Network

Headcount

Financials

Annual Reports

Financials

Changes

Changes

Registry Facts

Share Capital

Registry Facts

Registrations (Registreringer)

Registrations (Registreringer)

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Dandex Estimates

Current (2)

Founders (1)

Network

Owners and the control chain

Its people and their other companies

Network

Roles Over Time

Headcount

Financials

Annual Reports

Changes

Registry Facts

Share Capital

Registrations (Registreringer)

Production Units

Network

Owners and the control chain

Its people and their other companies