CVR 29527563Public limited company (A/S)El-installation (432100)StøvringFounded 5 May 2006
Employees
43
CVR registry, Aug 2026
-8 (-15.7%) over 12 months
Gross profit
27.3M
DKK, annual report 2025
+47.3% on 2024
Result
+2M
DKK, annual report 2025
Equity
6.3M
DKK, annual report 2025
Dandex has recorded no changes to this company since it began following the register.
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 MICHAEL WULFF A/S, 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 DandexKoble ApSCVR 43719025, 100% of capital and votes, since 18 Oct 2023
Michael Wulffsince 5 May 2006
CVR 43719025100% of capital and votessince 18 Oct 2023
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 29844208100% of capital and votes6 Sep 2006 to 18 Oct 2023
Ultimate controller
Spark Holding AS
Holds 50% to under 66.7% of capital and votes in Koble Holding ApS, since 19 Dec 2022
Holding company
CVR 43718878Private limited company (ApS)
Holds 100% of capital and votes in Koble ApS, since 19 Dec 2022
Holding company
CVR 43719025Private limited company (ApS)
Holds 100% of capital and votes in MICHAEL WULFF A/S, since 18 Oct 2023
This company
MICHAEL WULFF A/S
CVR 29527563
CVR records founders at incorporation. It does not record whether they are alive or still involved.
5 May 2006 to 1 Nov 2026.
5 May 2006 to 1 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 24,631 | 25,616 | 25,365 | 18,558 | 27,330 |
| Operating profit | +4,309 | +2,293 | +277 | +390 | +2,691 |
| Result for the year | +3,246 | +1,626 | +7 | +530 | +1,993 |
| Equity | 5,248 | 3,874 | 3,783 | 4,313 | 6,306 |
| Total assets | 40,117 | 25,200 | 12,242 | 16,593 | 24,196 |
| Employees (average) | 44 | 49 | 50 | 37 | 43 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | 13.8% | 4% | 9.6% | -26.8% | 44.7% |
| EBITDA | 4,929 | 2,927 | 813 | 809 | 3,494 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | 20% | 11.4% | 3.2% | 4.4% | 12.8% |
| Employee growth (vækst i antal ansatte) | -10.2% | 0% | 2% | -26% | 16.2% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -685 | 3,212 | -3,754 | -2,287 | 4,325 |
| Gearing, NIBD / EBITDA | Net cash | 1.1x | Net cash | Net cash | 1.2x |
| ROIC (afkast af investeret kapital) | 50.7% | 30.5% | 5.1%note 1 | 29.6%note 1 | 31.2% |
| Capex (investeringer i anlægsaktiver) | 8note 2 | 21note 2 | 107note 2 | 450note 2 | 4,190note 3 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | -3,349 | 1,382 | -1,878 | 372 | -120 |
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 and gearing a multiple. 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).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 21 Apr 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 25 Apr 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 29 Apr 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 15 Mar 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 16 Mar 2022
3 registered in CVR.
P-number 1002667956Haverslevvej 81, 9520 Skørping
P-number 1012243185Juelstrupparken 19, 9530 Støvring
P-number 1028065600Gasværksvej 30, 9000 Aalborg
