Michael Spangsberg
He is known as the man who invented the BonBon candy and founded BonBonland, and since then the box office made a profit by selling it all. But it is for his cream buns with the well-known name that the 62-year-old entrepreneur Michael Spangsberg has really made a name for himself here in recent years. And the cream buns have gradually become a very good business.
In 2016, Michael Spangsberg earned DKK 6.5 million. DKK after tax. This is shown in a new annual report from his company Spangsberg Chokolade A/S, which includes the well-known cream balls of the same name as well as candies from the Nørregade brand.
Gross profit increased from DKK 37 million. DKK to 44 million DKK. The turnover is secret.
"The year's development and results are considered satisfactory," writes owner and director Michael Spangsberg in the accounts, which are the company's best ever.
Michael Spangsberg, who through his holding company is good for approximately DKK 180 million. DKK, threw himself into cream buns in 2008, but until 2014 lost money on his venture. Now he has turned his confectionery into a profitable business - and son Frederik Spangsberg has joined the company.
In addition to Spangsberg cream balls, the enterprising entrepreneur is also behind the well-known Samba cream balls, which he took over at the end of 2014. The production of both Spangsberg and Samba cream balls takes place at the factory in Skanderborg, while the Nørregade balls are made in Taastrup.
Michael Spangsberg founded his fortune in 1985 when he took over a small confectionery factory in Næstved. It would later become the candy universe BonBon with famous names such as dog farts and seagull drops. In 1992, the BonBon candy had become so popular that Michael Spangsberg laid the foundation stone for BonBon-land.
Barely a decade later, he sold the BonBon candy to Toms Gruppen and six years later the amusement park BonBonland to Spanish Parques Reunidos, which owns several amusement parks around the world.
After this, he decided to throw himself into quality cream buns, which now bring him millions. Michael Spangsberg uses the large amount of money, among other things. on investing in companies.
