Upgrader A/S

CVR29843848

Core data

Name
Upgrader A/S
Address
Ellekær 6A st, 2730, Herlev
Founded
Sep 5, 2006
11 / 9
Locations (P-units)
1View locations
Website
https://msbranding.dk/
LinkedIn
hello-upgrader
Branch
Ikke-specialiseret engroshandel (469000)

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Description

Upgrader brings together merchandise, rewards and loyalty to create motivation through a digital platform and physical products.

Upgrader provides merchandise, corporate gifts, rewards and loyalty solutions designed to connect rewards, behaviour and motivation.

Company's own description on virk.dk

Selskabets væsentligste aktiviteter er at drive handel og industri, herunder salg og fabrikation af firmagaver og gaveartikler samt online internet og sms baserede bonus- og loyalitetssystemer der motiverer, uddanner og skaber resultater.

Products & services

Loyalty · Reward · Merchandise · Loyalty Insights · Reward Insights · Onepager

Industries

software_saas · retail_ecommerce

Customer types

Businesses

Analysis by AI ✨

The 2024/25 accounts show a post-tax loss of DKK -1.8 million, compared with a profit of DKK 3.4 million in 2022/23. Gross profit also fell from DKK 13.6 million in 2022/23 to DKK 9.2 million in 2024/25. In August 2026, Upgrader had 11 employees and 9 FTE; in August 2025, the figures were 13 employees and 11 FTE.

On 9 April 2025, the ownership changed: JENSEN MANAGEMENT ApS now owns 66.67–89.99% of Upgrader, while MBJ XCI-XXV ApS owns 20–24.99%. Their voting rights are 66.67% and 20%, respectively. Michael Grell Sørensen owns JENSEN MANAGEMENT ApS, and Mikkel Bo Jepsen owns MBJ XCI-XXV ApS. These are the registered ownership stakes in Upgrader; voting rights are as stated.

The company changed its name from MS Branding A/S to Upgrader A/S on 17 February 2026. The 2023/24 annual report described a business-critical restructuring of the digital bonus and loyalty systems following unexpected tax-related issues involving its largest customers, a rapid fall in revenue and liquidity pressure. It also stated that the budget for 2024/25 showed a projected pre-tax profit of approximately DKK 3.6 million.

AI-generated texts are based on registered information, which may be delayed or incomplete. Errors may occur.

Financials

Company financials
Reporting period
2024/251 Jul 2024 - 30 Jun 2025DKK
Gross profit
9,216,668
Operating profit
-1,107,528
Profit before tax
-2,294,531
Net income
-1,818,310
Total assets
30,728,922
Equity
10,241,109
Avg. employees
13
2018–2025

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Contact

From cvr.dk

Company
7020****Show full
in**@msbranding.dkShow full

From msbranding.dk

Upgrader Insights
+45 7020 ****Show full

Founders

FounderRegistered as founderCurrent rolesOwnership
Jørn StaugaardRegistered as founderSep 5, 2006Current roles
—
Ownership
—

People

Michael Grell SørensenRoles
BoardManagement
TitlesBESTYRELSESMEDLEM • DIREKTØR
Michael WillumsenRoles
Board
TitlesBESTYRELSESMEDLEM

Auditor

DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKABAuditorThomas EnnisteinRole—FromDec 15, 2025
Ownership66.67–89.99 %Voting rights66.67 %FromApr 9, 2025
Ownership20–24.99 %Voting rights20 %FromApr 9, 2025

Ultimate owners

Michael Grell Sørensen
Ownership through
66.67–89.99 %
Mikkel Bo Jepsen
Ownership through
20–24.99 %

Official sources