CVR 35254994Private limited company (ApS)Investering for egen regning (649910)HinnerupFounded 7 Jun 2013
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.
Dandex is Danish Company Data. Connect it once and ask about SART RELATIONS 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
0
CVR, 2016
Gross profit
228.2K
DKK, annual report 2025
+90.4% on 2024
Result
+125.3K
DKK, annual report 2025
Equity
478.6K
DKK, annual report 2025
RASMUS BUNDGAARD HOLDING ApSCVR 31581230, 25% to under 33.3% of capital and votes, since 7 Jun 2013
T. BUNDGAARD HINNERUP ApSCVR 32936199, 25% to under 33.3% of capital and votes, since 7 Jun 2013
and 2 moreOperating company
Dandex estimate: revenue or gross profit in the 2025 reportTage Bundgaardsince 7 Jun 2013
CVR 3158123025% to under 33.3% of capital and votessince 7 Jun 2013
CVR 3293619925% to under 33.3% of capital and votessince 7 Jun 2013
CVR 4083086325% to under 33.3% of capital and votessince 7 Oct 2019
CVR 4197813925% to under 33.3% of capital and votessince 30 Dec 2020
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
25% to under 33.3% of capital and votes7 Jun 2013 to 30 Dec 2020
2 Danish companies.
Subsidiary or joint ventureCVR 4287492250% to under 66.7% of capital and votes
CVR 4369697133.3% to under 50% of capital and votes
Found by searching the CVR owner register (ejerregister) for SART RELATIONS ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 3553202125% to under 33.3% of capital and votes1 Feb 2016 to 29 Aug 2019
CVR 3585920925% to under 33.3% of capital and votes5 Feb 2016 to 11 Dec 2018
CVR 3583885615% to under 20% of capital and votes5 Feb 2016 to 19 Apr 2018
Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report a calibrated decision model reading the auditor's text, 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.
Oct 2016, monthly: 1 employee, 1 FTE
Arrow keys move through the periods, Home and End go to the first and the latest, Escape returns to the latest.
| Period | Oct 2016 |
|---|---|
| Employees | 1 |
| FTE | 1 |
| Series | Monthly |
The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Monthly Oct 2016.
Latest Oct 2016, published 23 Dec 2016. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 262 | 202 | 167 | 120 | 228 |
| Operating profit | +245 | +192 | +157 | +110 | +223 |
| Result for the year | +109 | +104 | +77 | +42 | +125 |
| Equity | 130 | 234 | 312 | 353 | 479 |
| Total assets | 3,370 | 2,859 | 4,206 | 4,236 | 3,441 |
| Employees (average) | Not reported | Not reported | 0 | 0 | 0 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | -14% | -22.7% | -17.5% | -28.2% | 90.1% |
| EBITDA | 262 | 202 | 167 | 120 | 228 |
| 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) | 0note 1 | Not reportednote 2 | 0note 1 | 0note 1 | Not reportednote 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.
Annual report 2025
1 Oct 2024 to 30 Sep 2025, published 8 Dec 2025
Annual report 2024
1 Oct 2023 to 30 Sep 2024, published 19 Mar 2025
Annual report 2023
1 Oct 2022 to 30 Sep 2023, published 7 Feb 2024
Annual report 2022
1 Oct 2021 to 30 Sep 2022, published 17 Nov 2022
Annual report 2021
1 Oct 2020 to 30 Sep 2021, published 2 Dec 2021
No changes since Dandex began following this company. For announcements from before then, see Registrations.
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).
The rows marked Pro on this page hold values in the Pro plan. For SART RELATIONS 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 12 Nov 2026. Text such as the signing rule and purpose is shown as registered.
From CVR, read 12 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.
3 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Vedtægter ændret: 29.02.2016
Formål ændret: Selskabets formål er at erhverve, besidde og udleje fast ejendom samt erhverve værdipapirer
Ny adresse:
c/o Tage Bundgaard, Fredensgade 30, 8382 Hinnerup.
Stiftelsesdato:
07.06.2013.
Seneste vedtægtsdato:
07.06.2013.
Kapital:
kr. 80.000,00.
Indbetalingsmåde:
Indbetalt kontant kr. 80.000,00 til kurs 100,00.
Stiftere:
Søren Bundgaard, den 07.06.2013, CVR-NR. 31581230 RASMUS BUNDGAARD HOLDING ApS, Solsortevej 5, 8382 Hinnerup, den 07.06.2013, CVR-NR. 32936199 T. BUNDGAARD HINNERUP ApS, Bondagervej 8, Foldby, 8382 Hinnerup, den 07.06.2013.
Direktion:
Reg. revisor Tage Bundgaard (adm. dir), den 07.06.2013.
Selskabet ledes af én direktør. Selskabet skal ikke have nogen bestyrelse.
Første regnskabsår:
07.06.2013 - 30.09.2014.
Regnskabsår:
01.10 - 30.09.
1 registered in CVR.
P-number 1018543091Fredensgade 30, 8382 Hinnerup
