Area9 Innovation ApS
Private limited companyCVR 36921897København KActive
Area9 Innovation ApS is a private limited company, based in København K, active in computer programming activities, founded in 2015. Equity was negative at the end of 2025 (−DKK 22.1m). The company made a loss in both 2024 and 2025, most recently DKK 2.2m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 22% (2024 → 2025), to DKK 8.3m.
- The loss got smaller: from DKK 3.6m to DKK 2.2m (2024 → 2025).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,329 | 6,890 | 6,684 | 6,801 | 6,778 | 8,253 | +21.8% |
| Operating profit (EBIT) | −7,033 | −2,374 | −2,976 | −2,858 | −2,850 | −1,353 | +52.5% |
| Profit before tax | −7,819 | −3,190 | −3,906 | −3,828 | −3,778 | −2,359 | +37.6% |
| Net profit | −6,100 | −2,488 | −3,906 | −3,714 | −3,625 | −2,167 | +40.2% |
| Total assets | 32,528 | 29,668 | 22,789 | 19,914 | 16,905 | 14,997 | −11.3% |
| Equity | −1,189 | −3,677 | −12,576 | −16,290 | −19,915 | −22,082 | −10.9% |
| Liabilities | 32,459 | 32,770 | 35,365 | 36,203 | 36,820 | 37,079 | +0.7% |
| Cash and cash equivalents | 42 | 38 | 73 | 90 | 60 | 16 | −73.6% |
| Average number of employees | 4 | 4 | 3 | 3 | 6 | 0 | −100% |
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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 22.1m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 25/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 07/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 10/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 04/07/2023 | The company | PDFXBRL |
| 2021 | 01/06/2020 – 31/05/2021 | 29/06/2022 | The company | PDFXBRL |
| 2020 | 01/06/2019 – 31/05/2020 | 11/11/2020 | The company | PDFXBRL |
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 CVRPosition in the industry
1,661 companies in the databaseComparison with the other companies in computer programming activities based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 6,600of 69,742 Better than 91% | No. 69,801of 69,964 Better than 0% |
| Same industry and fewer than 20 employees1,365 companies in the comparison | No. 199of 1,363 Better than 85% | No. 1,350of 1,365 Better than 1% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 5,313of 33,588 Better than 84% | No. 33,529of 33,687 Better than 0% |
| All companies of type ApS66,508 companies in the comparison | No. 7,728of 66,379 Better than 88% | No. 66,339of 66,505 Better than 0% |
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- Area9 Innovation ApSDKK 8.3m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- Area9 Innovation ApS−DKK 2.2m
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
- Area9 Innovation ApS−DKK 22.1m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
- Area9 Innovation ApS3
- Stibo Systems A/S201
- 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- Area9 Invest ApS100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Asger Kunuk Alstrup Palm | Director | 09/06/2015 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Asger Kunuk Alstrup Palm | Board member | 09/06/2015 |
| Ulrik Juul Christensen | Chair of the board | 09/06/2015 |
| Tommy Højfeld Frahm Olesen | Board member | 09/06/2015 |
| Chaudhri Khurram Jamil | Board member | 09/06/2015 |
- Founders
- Fontanka ApS, Aoa ApS, Cecu ApS, Ckj ApS
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lars Kirkeskov Sørup | CEO | 01/06/2017 | 31/01/2018 |
| Solvej Ge Hyun Lee Ørnstrand | Board member | 31/01/2018 | 10/09/2018 |
Signing rule: Selskabet tegnes af bestyrelsesformanden, en direktør sammen med et medlem af bestyrelsen eller af den samlede bestyrelse.
Address and production units
1 active production unitsGalionsvej 37
1437 København K
København Municipality · Postcode 1437
Other companies at the address (2)
- Area9 Lyceum ApSComputer programming activities
- AREA9 Technologies ApSComputer consultancy and computer facilities management
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Area9 Innovation ApS | Galionsvej 37, 1437 København K | 3 | 1020483470 |
Purpose
Selskabets formål er udvikling og markedsføring af softwareløsninger og investering i kapitalandele i andre selskaber samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
28 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20202 changesaccounts 1 · address 1
- AccountsAnnual report for 2020 published
- AddressMoved to Galionsvej 37, 1437 København K
20183 changesmanagement 3
- ManagementSolvej Ge Hyun Lee Ørnstrand stepped down as board member
- ManagementSolvej Ge Hyun Lee Ørnstrand appointed board member
- ManagementLars Kirkeskov Sørup stepped down as ceo
20171 changemanagement 1
- ManagementLars Kirkeskov Sørup appointed ceo
201517 changesindustry 1 · name 1 · ownership 9 · founded 1 · management 5
- IndustryIndustry changed to Computerprogrammering (620100)
- NameName changed from Area9 Ventures ApS to Area9 Innovation ApS
- OwnershipAREA9 INVEST ApS registered as owner (100%)
- OwnershipFONTANKA ApS is no longer registered as owner
- OwnershipAOA ApS is no longer registered as owner
- OwnershipCECU ApS is no longer registered as owner
- OwnershipCKJ ApS is no longer registered as owner
- FoundedRegistered as Area9 Ventures ApS
- ManagementUlrik Juul Christensen appointed chair of the board
- ManagementTommy Højfeld Frahm Olesen appointed board member
- ManagementChaudhri Khurram Jamil appointed board member
- ManagementAsger Kunuk Alstrup Palm appointed director
- ManagementAsger Kunuk Alstrup Palm appointed board member
- OwnershipFONTANKA ApS registered as owner (25%)
- OwnershipAOA ApS registered as owner (25%)
- OwnershipCECU ApS registered as owner (25%)
- OwnershipCKJ ApS registered as owner (25%)
Related companies
Same industry in København
- twoday Danmark A/S677 employees
- Dalux ApS549 employees
- Capgemini Danmark A/S334 employees
- Veo Technologies ApS319 employees
- Cbrain A/S204 employees
- Keylane A/S176 employees
Same people in management
- Laerdal Copenhagen A/Svia Asger Kunuk Alstrup Palm
- Cortrium ApSvia Ulrik Juul Christensen
- Area9 Lyceum ApSvia Asger Kunuk Alstrup Palm
- Pno Danmark A/Svia Solvej Ge Hyun Lee Ørnstrand
- AREA9 Technologies ApSvia Asger Kunuk Alstrup Palm
- Mcgraw-hill Education (denmark) ApSvia Asger Kunuk Alstrup Palm
Largest in the industry
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- twoday Danmark A/SDKK 672.1m
- SAS Institute A/SDKK 544.2m
- Dalux ApSDKK 505m
- Fellowmind Denmark A/SDKK 480m
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.