GAFFAS Venner ApS (CVR 40123482) company profile

Ownership

VORGAARD HOLDING ApS
CVR 2423778810% to under 15% of capital and votesclass A og Bnotified 17 Sep 2024since 28 Dec 2018
LAUTRUP & CO. ApS
CVR 3082407515% to under 20% of capital, 5% to under 10% of votesclass A og Bnotified 1 Jul 2025since 28 Dec 2018
GEPFANDET HOLDING ApS
CVR 3566268533.3% to under 50% of capital, 50% to under 66.7% of votesclass Anotified 1 Jul 2025since 12 Apr 2023
Oscillar ApS
CVR 369904065% to under 10% of capital and votesclass A og Bnotified 19 Jun 2024since 2 Dec 2019

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

Former owners (6)

MORTEN PETERSEN ApS
CVR 272155055% to under 10% of capitalclass A og Bnotified 1 Jul 20252 Dec 2019 to 1 Jul 2025
LUCIO HOLDING ApS
CVR 324409835% to under 10% of capital, 10% to under 15% of votesclass Anotified 1 Jul 202512 Apr 2023 to 1 Jul 2025
ADVICE NETVÆRK A/S
CVR 119336965% to under 10% of votesclass A, Bnotified 19 Jun 202428 Dec 2018 to 19 Jun 2024
FREDERIKSHUS INVEST ApS
CVR 350552665% to under 10% of capitalclass A og Bnotified 21 Feb 202528 Dec 2018 to 21 Feb 2025
NST Consulting ApS
CVR 377900795% to under 10% of capital and votesnotified 7 Feb 202228 Dec 2018 to 7 Feb 2022
MXNKEYS ApS
CVR 4332262125% to under 33.3% of capital, 33.3% to under 50% of votesclass A1 Jul 2025 to 1 Jul 2025

Control chain

Ultimate controller
Rikki Kivin Tholstrup Jørgensen
Holds 100% of capital and votes in GEPFANDET HOLDING ApS, since 14 Jan 2014
Capital100%
Votes100%
Holding company
GEPFANDET HOLDING ApS
CVR 35662685Private limited company (ApS)
Holds 33.3% to under 50% of capital and 50% to under 66.7% of votes in GAFFAS Venner ApS, since 12 Apr 2023
Capital33.3% to under 50%
Votes50% to under 66.7%
This company
GAFFAS Venner ApS
CVR 40123482

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 11 Nov 2026.

Owned companies

1 Danish company, which own 2 more one level down.

GAFFA HOLDING ApS
SubsidiaryCVR 3726350890% to under 100% of capital and votes
- Gaffa ApS
  SubsidiaryCVR 43982133100% of capital and votes
- Medieselskabet april 2023 ApS
  SubsidiaryCVR 37269093100% of capital and votesUnder bankruptcy

Found by searching the CVR owner register (ejerregister) for GAFFAS Venner ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Subsidiaries (datterselskaber): Pro: Subsidiaries (datterselskaber) is in the Pro plan, see pricingThe Danish companies it controls, followed down through their own subsidiaries.

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, through 1 company; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 11 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 a majority holding in one or more Danish companiesControlled by a company in CVR; it holds 50% or more of 1 Danish company. Dandex estimate, rule v2, computed 11 Nov 2026.
Holding company assets (holdingselskabets aktiver): Pro: Holding company assets (holdingselskabets aktiver) is in the Pro plan, see pricingFor a holding company, the kind of asset that makes up half its balance sheet or more.
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 11 Nov 2026.

Decided by Dandex with fixed rules from CVR and the filed annual reports, not registered by the company. Each label links to its definition.

People

Current (3)

Rikki Kivin Tholstrup JørgensenExecutive board since 1 Sep 2025, Board of directors since 12 Apr 2023
Kim Christian HvidkjærBoard of directors since 29 Sep 2026
Jesper Højberg ChristensenBoard of directors since 28 Dec 2018

Founders (5)

ADVICE NETVÆRK A/SFounded 28 Dec 2018
FREDERIKSHUS INVEST ApSFounded 28 Dec 2018
LAUTRUP & CO. ApSFounded 28 Dec 2018, holds a current role
NST Consulting ApSFounded 28 Dec 2018
VORGAARD HOLDING ApSFounded 28 Dec 2018, holds a current role

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

Former (4)

Kristian Lautrup-NielsenExecutive board 28 Dec 2018 to 31 Aug 2025, Board of directors 28 Dec 2018 to 18 Nov 2025
Steve Jussi KleinBoard of directors 12 Apr 2023 to 18 Nov 2025
Frederik Paul Siesbye HalstedBoard of directors 28 Dec 2018 to 31 Dec 2023
Thomas Vorgaard AndersenBoard of directors 28 Dec 2018 to 21 Sep 2026

Network

Roles over time

Jesper Højberg Christensen: Board of directors, 28 Dec 2018 to today.
Rikki Kivin Tholstrup Jørgensen: Board of directors, 12 Apr 2023 to today; Executive board, 1 Sep 2025 to today.
Kim Christian Hvidkjær: Board of directors, 29 Sep 2026 to today.

28 Dec 2018 to 11 Nov 2026.

Former (4)

Thomas Vorgaard Andersen: Board of directors, 28 Dec 2018 to 21 Sep 2026.
Kristian Lautrup-Nielsen: Executive board, 28 Dec 2018 to 31 Aug 2025; Board of directors, 28 Dec 2018 to 18 Nov 2025.
Steve Jussi Klein: Board of directors, 12 Apr 2023 to 18 Nov 2025.
Frederik Paul Siesbye Halsted: Board of directors, 28 Dec 2018 to 31 Dec 2023.

28 Dec 2018 to 11 Nov 2026.

Executive board (direktion)Board of directors (bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Headcount

CVR holds no employment figures for this company.

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	-13	-13	-17	-115	-45
Operating profit	-13	-13	-17	-115	-2,525
Result for the year	-479	-369	+45	-1,938	-3,674
Equity	-328	-697	2,956	1,973	-529
Total assets	295	893	3,195	2,255	0
Employees (average)	Not reported	Not reported	Not reported	1	0
Credit metrics (Dandex calculations)
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.
Employee growth (vækst i antal ansatte)	Not reported^{note 1}	Not reported^{note 1}	Not reported^{note 1}	0%	n.m.^{note 2}
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 % 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 no average employee figure in the annual report (ESEF reports carry none); the registry's monthly headcount is in the company tool's employmentHistory section
2 n.m.: the year before is not positive

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 1 Jul 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 30 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 27 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 29 Jun 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 29 Jun 2022
PDF

Financials

Changes

All changes

29 Sep 2026
Director change
GAFFAS Venner ApS (CVR 40123482) har foretaget direktørskifte pr. 29. september 2026: 1 indtrådt.
10 Jun 2026
Address change
GAFFAS Venner ApS (CVR 40123482) har ændret adresse fra "Adolphsvej 56 2820 Gentofte" til "Kildeparken 12 8722 Hedensted" pr. 10. juni 2026.
10 Jun 2026
Ownership change
GAFFAS Venner ApS (CVR 40123482) har foretaget ejerskifte pr. 10. juni 2026: 10 indtrådt.
12 Apr 2023
Director change
GAFFAS Venner ApS (CVR 40123482) har foretaget direktørskifte pr. 12. april 2023: 2 indtrådt.
28 Dec 2018
Director change
GAFFAS Venner ApS (CVR 40123482) har foretaget direktørskifte pr. 28. december 2018: 4 indtrådt.

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 GAFFAS Venner 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, holding company assets and subsidiaries.
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 Selskabets direktør alene eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.since 25 Apr 2023
Purpose (formål): Selskabets formål er at foretage investeringer i udvalgte porteføljeselskaber og dermed beslægtet virksomhed.since 28 Dec 2018
Audit opted out (revision fravalgt): Nosince 28 Jun 2023
Articles of association last changed (seneste vedtægtsdato): 16 Oct 2026
Share classes (kapitalklasser): Yessince 16 Oct 2026
Owners under 5% registered (ejerregistrering under 5 procent): Nosince 28 Dec 2018

Share capital

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

16 Oct 2026DKK 5,365,722+2,222,325
14 Mar 2025DKK 3,143,397+410,207
21 Feb 2025DKK 2,733,190+119,868
17 Sep 2024DKK 2,613,322+101,695
19 Jun 2024DKK 2,511,627+707,627
18 Jun 2024DKK 1,804,000-1,804,000

Earlier values (4)

4 Apr 2023DKK 3,608,000+3,489,500
19 Nov 2021DKK 118,500+15,000
2 Dec 2019DKK 103,500+40,000
28 Dec 2018DKK 63,500Earliest in CVR

From CVR, read 11 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

Registrations (registreringer)

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

24 Oct 2026
Capital change
Vedtægter ændret: 16.10.2026
Kapitalforhøjelsen er besluttet den 16.10.2026.
kr. 677.116,00, indbetalt kontant, kurs 106,87. kr. 1.545.209,00, indbetalt ved konvertering af gæld, kurs 106,87.
Kapitalen udgør herefter kr. 5.365.722,00.
29 Sep 2026
People change
Bestyrelse:
Tiltrådte:
Jesper Højberg Christensen, den 29.09.2026, Kim Christian Hvidkjær, den 29.09.2026.
21 Sep 2026
People change
Bestyrelse:
Fratrådte:
Thomas Vorgaard Andersen, den 21.09.2026.
10 Jun 2026
Address change
Ny adresse: c/o Moovement ApS, Kildeparken 12, 8722 Hedensted
Ny kommune: Hedensted
3 Dec 2025
People change
Bestyrelse:
Fratrådte:
Rikki Kivin Tholstrup Jørgensen, den 18.11.2025, Steve Jussi Klein, den 18.11.2025, Kristian Lautrup-Nielsen, (formand), den 18.11.2025.
Tiltrådte:
Rikki Kivin Tholstrup Jørgensen, (formand), den 18.11.2025.
Direktion:
Show the full announcement
Fratrådte:
Kristian Lautrup-Nielsen, (adm. dir), den 31.08.2025.
Tiltrådte:
Rikki Kivin Tholstrup Jørgensen, (adm. dir), den 01.09.2025.
14 Mar 2025
Capital change
Vedtægterne er yderligere ændret
Vedtægter ændret: 14.03.2025
Kapitalforhøjelsen er besluttet den 14.03.2025.
kr. 245.107,00, indbetalt i værdier, kurs 221,08.
Kapitalen udgør herefter kr. 3.143.397,00.
14 Mar 2025
Capital change
Vedtægter ændret: 14.03.2025
Kapitalforhøjelsen er besluttet den 14.03.2025.
kr. 165.100,00, indbetalt kontant, kurs 221,08.
Kapitalen udgør herefter kr. 2.898.290,00.
28 Feb 2025
Capital change
Vedtægter ændret: 21.02.2025
Kapitalforhøjelsen er besluttet den 21.02.2025.
kr. 119.868,00, indbetalt kontant, kurs 221,08.
Kapitalen udgør herefter kr. 2.733.190,00.
25 Oct 2024
Capital change
Vedtægter ændret: 17.09.2024
Kapitalforhøjelsen er besluttet den 17.09.2024.
kr. 101.695,00, indbetalt kontant, kurs 118,00.
Kapitalen udgør herefter kr. 2.613.322,00.
25 Oct 2024
Capital change
Vedtægter ændret: 19.06.2024
Kapitalforhøjelsen er besluttet den 19.06.2024.
kr. 707.627,00, indbetalt ved konvertering af gæld, kurs 118,00.
Kapitalen udgør herefter kr. 2.511.627,00.

Show 12 more

24 Jun 2024
Capital change
Vedtægter ændret: 18.06.2024
Kapitalnedsættelse besluttet 19.04.2024 er gennemført 24.06.2024.
Kapitalen udgør herefter kr. 1.804.000,00.
29 Apr 2024
Capital change
Vedtægter ændret: 19.04.2024
Kapitalnedsættelse besluttet 19.04.2024 henlæggelse til særlig reserve kr. 1.804.000,00 til kurs 100,00.
Virksomhedens kreditorer opfordres til at indberette deres krav til virksomheden. Kreditorerne kan kræve betryggende sikkerhed for uforfaldne krav og betaling af forfaldne krav. Krav skal indberettes senest 4 uger fra dags dato.
10 Jan 2024
Capital change
Kapital: kr. 3.608.000,00, delvist indbetalt. Tidligere kapital er nu fuldt indbetalt.
8 Jan 2024
People change
Bestyrelse:
Fratrådte:
Jesper Højberg Christensen, den 31.12.2023, Frederik Paul Siesbye Halsted, den 31.12.2023.
8 Aug 2023
Capital change
Kapitalforhøjelsen er besluttet den 04.04.2023.
kr. 1.608.000,00, indbetalt ved konvertering af gæld, kurs 100,00.
Kapitalen udgør herefter kr. 3.608.000,00.
29 Jun 2023
Audit change
Revision:
Tiltrådte:
CVR-NR. 29442789 REDMARK, GODKENDT REVISIONSPARTNERSELSKAB, Sommervej 31C, 2., 8210 Aarhus V, den 28.06.2023.
2 May 2023
Capital change People change
Vedtægter ændret: 12.04.2023
Kapitalforhøjelsen er besluttet den 12.04.2023.
kr. 2.000.000,00, indbetalt kontant, kurs 100,00, heraf samlet indbetalt kr. 1.700.000,00.
Kapitalnedsættelse besluttet 12.04.2023 og gennemført 02.05.2023 dækning af underskud kr. 118.500,00 til kurs 100,00.
Kapitalen udgør herefter kr. 2.000.000,00, delvist indbetalt.
Kapitalen er opdelt i klasser.
Show the full announcement
Bestyrelse:
Tiltrådte:
Rikki Kivin Tholstrup Jørgensen, den 12.04.2023, Steve Jussi Klein, den 12.04.2023.
Selskabet tegnes af Selskabets direktør alene eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
23 Nov 2021
Capital change
Vedtægter ændret: 19.11.2021
Kapitalforhøjelsen er besluttet den 19.11.2021.
kr. 15.000,00, indbetalt kontant, kurs 3.000,00.
Kapitalen udgør herefter kr. 118.500,00.
9 Dec 2019
Capital change
Vedtægterne er yderligere ændret
Vedtægter ændret: 02.12.2019
Kapitalforhøjelsen er besluttet den 02.12.2019.
kr. 20.000,00, indbetalt kontant, kurs 3.000,00.
Kapitalen udgør herefter kr. 103.500,00.
9 Dec 2019
Capital change
Vedtægter ændret: 02.12.2019
Kapitalforhøjelsen er besluttet den 02.12.2019.
kr. 20.000,00, indbetalt kontant, kurs 2.000,00.
Kapitalen udgør herefter kr. 83.500,00.
9 Jan 2019
People change
Bestyrelse:
Tiltrådte:
Thomas Vorgaard Andersen, den 28.12.2018, Jesper Højberg Christensen, den 28.12.2018, Frederik Paul Siesbye Halsted, den 28.12.2018.
28 Dec 2018
New company
Stiftelsesdato: 28.12.2018.
Virkningsdato: 28.12.2018.
Seneste vedtægtsdato: 28.12.2018.
Kapital:
kr. 63.500,00.
Kapitalklasser: Nej
Show the full announcement
Indbetalingsmåde: Indbetalt kontant kr. 63.500,00 til kurs 2.000,00, fuldt indbetalt.
Stiftere:
CVR-NR. 11933696 ADVICE NETVÆRK A/S, Gammel Kongevej 3E, 1610 København V, den 28.12.2018, CVR-NR. 24237788 VORGAARD HOLDING ApS, Kronprinsensvej 71, 2000 Frederiksberg, den 28.12.2018, CVR-NR. 30824075 LAUTRUP & CO. ApS, Adolphsvej 56, 2820 Gentofte, den 28.12.2018, CVR-NR. 35055266 FREDERIKSHUS INVEST ApS, Strandvejen 383, 2930 Klampenborg, den 28.12.2018, CVR-NR. 37790079 NST Consulting ApS, Exnersvej 50, 2930 Klampenborg, den 28.12.2018.
Bestyrelse:
Kristian Lautrup-Nielsen, (formand), den 28.12.2018.
Direktion:
Kristian Lautrup-Nielsen, (adm. dir), den 28.12.2018.
Selskabet tegnes af Selskabets direktør alene eller af den samlede bestyrelse..
Første regnskabsår:
28.12.2018 - 31.12.2019.
Regnskabsår:
01.01 - 31.12.
Formål:
Selskabets formål er at foretage investeringer i udvalgte porteføljeselskaber og dermed beslægtet virksomhed.

Registrations (registreringer)

Registration

Address: Kildeparken 12
8722 Hedensted
Hedensted Municipality
CVR record last changed: 24 Oct 2026
Data read: 11 Nov 2026

Production units

1 registered in CVR.

GAFFAS Venner ApS
P-number 1024249049Kildeparken 12, 8722 Hedensted

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

Headcount

Financials

Changes

Registry facts

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Control chain

Owned companies

Dandex estimates

People

Current (3)

Founders (5)

Network

Roles over time

Network

Headcount

Financials

Annual reports

Financials

Changes

Signals (signaler)

Changes

Pro for this company

Registry facts

Share capital

Registry facts

Registrations (registreringer)

Registrations (registreringer)

Registration

Production units

Dandex in your own tools

Who is behind it

Control chain

Owned companies

Dandex estimates

Current (3)

Founders (5)

Network

Owners and the control chain

Companies it owns

Its people and their other companies

Network

Roles over time

Financials

Annual reports

Changes

Signals (signaler)

Pro for this company

Registry facts

Share capital

Registrations (registreringer)

Production units

Network

Owners and the control chain

Companies it owns

Its people and their other companies