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Adnami ApS

Private limited companyCVR 38769359København KActive

Adnami ApS is a private limited company, based in København K, active in computer programming activities, founded in 2017. The company made a loss in both 2024 and 2025, most recently DKK 2.1m. With 42 employees, the company is about 11 times larger than the industry median. Equity fell to DKK 2.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 41.6m+89.1% vs. 2024
Net profit−DKK 2.1m+88.3% vs. 2024
EquityDKK 2.4m−47.2% vs. 2024
Employees42latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 89% (2024 → 2025), to DKK 41.6m.
  • The loss got smaller: from DKK 18.1m to DKK 2.1m (2024 → 2025).
  • Equity fell 47% (2024 → 2025), to DKK 2.4m.

Employees

  • 7 more employees than a year earlier: 42 (07/2026) against 35 (07/2025).

Management and owners, last 24 months

  • New in management: Gustav Alenmyr (board member, 01/07/2026).
  • Stepped down: Bertrand Maugain (board member, 01/07/2026) and Martin Vikenes (board member, 01/07/2026).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Adnami ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,8338,94710,99212,25221,97641,561+89.1%
Operating profit (EBIT)862−2,476−12,691−22,856−17,338140+100.8%
Profit before tax769−2,816−13,071−22,979−17,989−1,913+89.4%
Net profit681−2,295−13,945−19,957−18,116−2,116+88.3%
Total assets14,08617,51251,47933,81731,40534,797+10.8%
Equity5,8567,31145,46325,5064,4842,368−47.2%
Liabilities8,0299,9834,3818,31126,92132,429+20.5%
Cash and cash equivalents10,6464,99331,1375,6796,0142,250−62.6%
Average number of employees31530525251−1.9%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 5 years in a row

    Net result has been negative in 2021–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 47% from 2024 to 2025 (DKK 4.5m to DKK 2.4m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 7% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Adnami ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202406/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/04/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
01020304008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,661 companies in the database

Comparison with the other companies in computer programming activities based on the latest financial year.

Gross profitDKK 41.6mNo. 115 of 1,656
Better than 93% of the companies in the industry
EquityDKK 2.4mNo. 600 of 1,661
Better than 64% of the companies in the industry
Number of employees42No. 109 of 1,661
Better than 93% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 employees.

DKK 100kDKK 978kDKK 9.6mDKK 93.7mDKK 428.6mHere
Distribution of gross profit for 1,474 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 668of 9,892
Better than 93%
No. 6,238of 9,922
Better than 37%
Same industry and 20–49 employees183 companies in the comparison
No. 21of 182
Better than 89%
No. 141of 183
Better than 23%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 875of 33,579
Better than 97%
No. 9,807of 33,678
Better than 71%
All companies of type ApS66,508 companies in the comparison
No. 924of 66,379
Better than 99%
No. 18,513of 66,505
Better than 72%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Computer programming activities
Gross profit
  1. Adnami ApSDKK 41.6m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Adnami ApS−DKK 2.1m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Adnami ApSDKK 2.4m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Adnami ApS42
  2. Stibo Systems A/S201
  3. Trackunit ApS249

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • QNTM Adtech SW BidCo ApS100%
Adnami ApS

Management

5 active registrations

Executive management

Executive management at Adnami ApS
NameRoleAppointed
Simon KvistCEO01/03/2019

Board of directors

Board of directors at Adnami ApS
NameRoleAppointed
Henrik Valentin PrintzlauBoard member01/10/2020
Christian LundChair of the board23/06/2023
David Søren BorringBoard member23/06/2023
Gustav AlenmyrBoard member01/07/2026
Founders
David Søren Borring
Former management (10)
Former management at Adnami ApS
NameRoleAppointedResigned
David Søren BorringCEO01/07/201701/03/2019
Jacob LachmannChair of the board24/03/202020/07/2022
Jacob BachBoard member24/03/202007/10/2022
Christian LundBoard member01/10/202022/06/2023
David Søren BorringBoard member01/10/202020/07/2022
Thomas Eugene C JenenBoard member21/10/202020/07/2022
Eivind RoaldBoard member20/07/202201/01/2024
Gustav AlenmyrBoard member20/07/202201/01/2024
Bertrand MaugainBoard member01/01/202401/07/2026
Martin VikenesBoard member01/01/202401/07/2026

Signing rule: Selskabet tegnes af direktøren, af et bestyrelsesmedlem og bestyrelsesformanden i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Skindergade 45
1159 København K

København Municipality · Postcode 1159

Production units
Production unitAddressEmployeesP number
Adnami ApSSkindergade 45, 3, 1159 København K431022616443

Purpose

Selskabets formål er udvikling af software til brug i det digitale reklamemarked.

The purpose is quoted from the register in Danish.

Changes year by year

67 registered events
20264 changesmanagement 3 · accounts 1
  • Gustav Alenmyr appointed board member
  • Bertrand Maugain stepped down as board member
  • Martin Vikenes stepped down as board member
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20245 changesaccounts 1 · management 4
  • Annual report for 2023 published
  • Bertrand Maugain appointed board member
  • Martin Vikenes appointed board member
  • Gustav Alenmyr stepped down as board member
  • Eivind Roald stepped down as board member
20235 changesmanagement 3 · accounts 1 · address 1
  • David Søren Borring appointed board member
  • Christian Lund appointed chair of the board
  • Christian Lund stepped down as board member
  • Annual report for 2022 published
  • Moved to Skindergade 45, 3, 1159 København K
202215 changesmanagement 6 · ownership 7 · accounts 1 · capital 1
  • Jacob Bach stepped down as board member
  • Gustav Alenmyr appointed board member
  • Eivind Roald appointed board member
  • Thomas Eugene C Jenen stepped down as board member
  • David Søren Borring stepped down as board member
  • Jacob Lachmann stepped down as chair of the board
  • QNTM Adtech SW BidCo ApS registered as owner (100%)
  • VERTIC HOLDING ApS is no longer registered as owner
  • KB ApS is no longer registered as owner
  • SKG RETURN ApS is no longer registered as owner
  • Concept X ApS is no longer registered as owner
  • CLS HOLDING INTERNATIONAL ApS is no longer registered as owner
  • LVRC ApS is no longer registered as owner
  • Annual report for 2021 published
  • Share capital changed from 93,886 DKK to 102,327 DKK
20219 changescapital 1 · ownership 6 · accounts 1 · address 1
  • Share capital changed from 76,280 DKK to 93,886 DKK
  • VERTIC HOLDING ApS registered as owner (0%)
  • KB ApS registered as owner (15%)
  • SKG RETURN ApS registered as owner (10%)
  • SKG RETURN ApS is no longer registered as owner
  • KB ApS is no longer registered as owner
  • VERTIC HOLDING ApS is no longer registered as owner
  • Annual report for 2020 published
  • Moved to Store Kongensgade 59A, 1. th, 1264 København K
202020 changesmanagement 6 · capital 2 · ownership 11 · address 1
  • Thomas Eugene C Jenen appointed board member
  • Share capital changed from 52,628 DKK to 76,280 DKK
  • Henrik Valentin Printzlau appointed board member
  • David Søren Borring appointed board member
  • Christian Lund appointed board member
  • Concept X ApS registered as owner (33.33%)
  • SKG RETURN ApS registered as owner (15%)
  • CLS HOLDING INTERNATIONAL ApS registered as owner (5%)
  • KB ApS registered as owner (10%)
  • LVRC ApS registered as owner (5%)
  • VERTIC HOLDING ApS registered as owner (5%)
  • SKG RETURN ApS is no longer registered as owner
  • VERTIC HOLDING ApS is no longer registered as owner
  • Concept X ApS is no longer registered as owner
  • Moved to Bredgade 76, 1260 København K
  • Share capital changed from 50,000 DKK to 52,628 DKK
  • Jacob Lachmann appointed chair of the board
  • Jacob Bach appointed board member
  • SKG RETURN ApS registered as owner (20%)
  • VERTIC HOLDING ApS registered as owner (5%)
20192 changesmanagement 2
  • Simon Kvist appointed ceo
  • David Søren Borring stepped down as ceo
20181 changeownership 1
  • Adsembler Holding IVS is no longer registered as owner
20175 changesaddress 1 · founded 1 · management 1 · ownership 2
  • Moved to Bredgade 35B, 1, 1260 København K
  • Registered as Adnami ApS
  • David Søren Borring appointed ceo
  • Concept X ApS registered as owner (66.67%)
  • Adsembler Holding IVS registered as owner (50%)

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Same people in management

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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