Vend Marketplaces ApS — Financial report

CVR 20618175

Latest financial period

  • 2025 • 2025-01-01 • 2025-12-31 • entity • DKK • 416590000 • 229632000 • 89183000 • 70098000 • 267736000 • 104251000 • 136

Financial history

  • 2024 • 2024-01-01 • 2024-12-31 • entity • DKK • 227838000 • 60532000 • 48542000 • 217532000 • 64153000 • 155
  • 2023 • 2023-01-01 • 2023-12-31 • entity • DKK • 176654000 • 21259000 • 18278000 • 125573000 • 40611000 • 154
  • 2022 • 2022-01-01 • 2022-12-31 • entity • DKK • 350935000 • 134452000 • -6669000 • -3166000 • 113698000 • 55549000 • 138
  • 2021 • 2021-01-01 • 2021-12-31 • entity • DKK • 357101000 • 172872000 • 27243000 • 20601000 • 166698000 • 58715000 • 117
  • 2020 • 2020-01-01 • 2020-12-31 • entity • DKK • 370523000 • 234578000 • 94667000 • 73228000 • 102947000 • 38114000 • 109
  • 2019 • 2019-01-01 • 2019-12-31 • entity • DKK • 363497000 • 226843000 • 89724000 • 66360000 • 609653000 • 554886000 • 112
  • 2018 • 2018-01-01 • 2018-12-31 • entity • DKK • 344927000 • 217944000 • 16931000 • -1938000 • 552545000 • 488526000 • 114
  • 2017 • 2017-01-01 • 2017-12-31 • entity • DKK • 322068000 • 203995000 • -37354000 • -47410000 • 588899000 • 490464000 • 129

Annual report highlights

  • primary activities • The Company's principal activity is the businesses of Den Blå Avis and Bil Markedet. The principal activity of Den Blå Avis is the operation and development of the online trading portal, dba.dk, whereas Bil Markedet operates and develops the e-business portal, bilbasen.dk, and the car dealers' tool, Bilinfo. • entity
  • development in activities and financial affairs • Profit for the year (including comparison with outlook previously announced) The Company's income statement for 2025 reports a profit of DKK 70,098 thousand compared to a profit of DKK 48,542 thousand in 2024. The Company's equity at the balance sheet at 31 December 2025 was DKK 104,251 thousand, up from DKK 64,153 thousand on 31 December 2024. The Company originally anticipated an EBITDA on the same level as in 2024. Actual EBITDA amounted to DKK 96.3 million, which exceeded initial budget expectations. This performance was primarily driven by the Company’s ability to further capitalize on its integration into the Vend Group. By effectively leveraging internal resources and group-wide capacity, the Company achieved greater operational efficiency and synergy than anticipated, resulting in a stronger year-end result. • entity
  • expected development • The Company's strategic objectives for 2026 are to achieve financial results at the same level as in 2025. This outcome will be driven by a normalised supply of new cars, overall price adjustments and the advantages of being part of the Vend Marketplaces Group. • entity
  • recognition measurement uncertainty • Uncertainty regarding recognition and measurement Recognition and measurement in the annual report have not been subject to any uncertainty. • entity
  • unusual matters • Unusual circumstances The Company’s financial position at 31 December 2025 and the results of the Company’s activities for the financial year 2025 have not been affected by any unusual circumstances. • entity
  • subsequent events • No events have occurred after the balance sheet date of material importance to the annual report for 2025. • entity
  • subsequent events • No events have occurred after the balance sheet date, materially affecting the assessment of the annual report. • entity
  • contingent liabilities • Contingent liabilities, including guarantee commitments The Company is included in the cash pool arrangement of the Vend Marketplaces Group, and the Company is jointly and severally liable together with the Group's other entities. At the balance sheet date, the Company's receivables amounted to DKK 185,393 million (2024: DKK 122,683 million), which has been recognised as intercompany accounts. The Company has entered into agreements on rental of facilities. The total rental obligation amounts to DKK 5,1 million (2024: DKK 5,0 million). The Company is jointly and severally liable for tax on the Group's jointly taxed income, etc. The Company is also jointly and severally liable for Danish withholding taxes in the form of dividend tax, royalty tax and interest tax. Any subsequent corrections of corporation taxes and withholding taxes may entail an increase in the entities' liability. • entity
  • contingent liabilities • Contingent liabilities, including guarantee commitments The Company is included in the cash pool arrangement of the Vend Marketplaces Group, and the Company is jointly and severally liable together with the Group's other entities. At the balance sheet date, the Company's receivables amounted to DKK 185,393 million (2024: DKK 122,683 million), which has been recognised as intercompany accounts. The Company has entered into agreements on rental of facilities. The total rental obligation amounts to DKK 5,1 million (2024: DKK 5,0 million). The Company is jointly and severally liable for tax on the Group's jointly taxed income, etc. The Company is also jointly and severally liable for Danish withholding taxes in the form of dividend tax, royalty tax and interest tax. Any subsequent corrections of corporation taxes and withholding taxes may entail an increase in the entities' liability. • entity