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Area9 Lyceum ApS

Private limited companyCVR 39079976København KActive

Area9 Lyceum ApS is a private limited company, based in København K, active in computer programming activities, founded in 2017. Equity was negative at the end of 2025 (−DKK 44.8m). After a loss in 2024, the company made a profit of DKK 18.5m in 2025. With 16 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 77.6m−17.3% vs. 2024
Net profitDKK 18.5m+247.5% vs. 2024
Equity−DKK 44.8m−104.8% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 17% (2024 → 2025), to DKK 77.6m.
  • Net profit went from a loss of DKK 12.5m to a profit of DKK 18.5m (2024 → 2025).

Employees

  • 1 fewer employees than a year earlier: 16 (07/2026) against 17 (07/2025).

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 thousand

Equity and net profit

−DKK 80m−DKK 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Area9 Lyceum ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−44,64018,02948,87085,93393,88577,617−17.3%
Operating profit (EBIT)−61,911−31,260−56,578−28,3363,543−6,446−281.9%
Profit before tax−62,616−35,000−61,213−36,832−11,135−14,698−32%
Net profit−46,936−25,512−61,679−39,553−12,53018,485+247.5%
Total assets129,774241,868223,093211,724190,462174,340−8.5%
Equity43,41199,85615,472−10,551−21,866−44,787−104.8%
Liabilities12,195142,012207,621222,275212,329219,127+3.2%
Cash and cash equivalents3,60974,61010,2066,16310,6032,708−74.5%
Average number of employees25186217192150––

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 44.8m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 Area9 Lyceum ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202509/07/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202403/07/2025The groupPDFXBRL
202301/01/2023 – 31/12/202310/07/2024The groupPDFXBRL
202201/01/2022 – 31/12/202204/07/2023The groupPDFXBRL
202101/06/2020 – 31/05/202104/07/2022The groupPDFXBRL
202001/06/2019 – 31/05/202006/11/2020The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 77.6mNo. 62 of 1,656
Better than 96% of the companies in the industry
Equity−DKK 44.8mNo. 1642 of 1,661
Better than 1% of the companies in the industry
Number of employees16No. 313 of 1,661
Better than 81% 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 fewer than 20 employees69,967 companies in the comparison
No. 371of 69,742
Better than 99%
No. 69,886of 69,964
Better than 0%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 4of 1,363
Better than 100%
No. 1,355of 1,365
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 426of 33,588
Better than 99%
No. 33,600of 33,687
Better than 0%
All companies of type ApS66,508 companies in the comparison
No. 405of 66,379
Better than 99%
No. 66,420of 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
Gross profit
  1. Area9 Lyceum ApSDKK 77.6m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Area9 Lyceum ApSDKK 18.5m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Area9 Lyceum ApS−DKK 44.8m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Area9 Lyceum ApS16
  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
  • Area9 Invest ApS66.67%
  • Danmarks Eksport- og Investeringsfond15%
Area9 Lyceum ApS

Management

9 active registrations

Executive management

Executive management at Area9 Lyceum ApS
NameRoleAppointed
Asger Kunuk Alstrup PalmDirector06/11/2017

Board of directors

Board of directors at Area9 Lyceum ApS
NameRoleAppointed
Asger Kunuk Alstrup PalmBoard member06/11/2017
Ulrik Juul ChristensenChair of the board06/11/2017
Jesper Lilledal HolmgaardBoard member10/01/2018
Sheela Maini Søgaard ChristiansenBoard member01/06/2018
Christian Madsen MotzfeldtBoard member01/06/2018
Vanessa Gay BransonBoard member19/06/2020
Gajakarnan Vibushanan KandiahBoard member19/06/2020
Paul Richard WillmottBoard member14/09/2021
Founders
Area9 Invest ApS
Former management (2)
Former management at Area9 Lyceum ApS
NameRoleAppointedResigned
Chaudhri Khurram JamilBoard member06/11/201701/06/2018
Jamie Adam BeaumontBoard member09/04/202114/09/2021

Signing rule: Selskabet tegnes af én direktør alene, af bestyrelsesformanden alene eller af den samlede bestyrelse.   

Address and production units

1 active production units

Galionsvej 37
1437 København K

København Municipality · Postcode 1437

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Area9 Lyceum ApSGalionsvej 37, 1437 København K171023010255

Purpose

Selskabets formål er udvikling og markedsføring af softwareløsninger samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

56 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20238 changescapital 4 · ownership 3 · accounts 1
  • Share capital changed from 71,574 DKK to 71,611 DKK
  • Share capital changed from 71,466 DKK to 71,574 DKK
  • Share capital changed from 71,206 DKK to 71,466 DKK
  • Vækstfonden Growth K/S is no longer registered as owner
  • Share capital changed from 70,893 DKK to 71,206 DKK
  • Annual report for 2022 published
  • Danmarks Eksport- og Investeringsfond registered as owner (15%)
  • VÆKSTFONDEN is no longer registered as owner
20221 changeaccounts 1
  • Annual report for 2021 published
20216 changesmanagement 3 · capital 2 · ownership 1
  • Paul Richard Willmott appointed board member
  • Jamie Adam Beaumont stepped down as board member
  • Share capital changed from 70,681 DKK to 70,893 DKK
  • Share capital changed from 67,469 DKK to 70,681 DKK
  • Jamie Adam Beaumont appointed board member
  • Vækstfonden Growth K/S registered as owner (5%)
202011 changescapital 5 · accounts 1 · address 1 · ownership 2 · management 2
  • Share capital changed from 67,293 DKK to 67,469 DKK
  • Share capital changed from 67,117 DKK to 67,293 DKK
  • Annual report for 2020 published
  • Share capital changed from 66,941 DKK to 67,117 DKK
  • Moved to Galionsvej 37, 1437 København K
  • Share capital changed from 66,175 DKK to 66,941 DKK
  • AREA9 INVEST ApS registered as owner (66.67%)
  • AREA9 INVEST ApS is no longer registered as owner
  • Gajakarnan Vibushanan Kandiah appointed board member
  • Vanessa Gay Branson appointed board member
  • Share capital changed from 63,553 DKK to 66,175 DKK
20196 changescapital 4 · ownership 2
  • Share capital changed from 62,800 DKK to 63,553 DKK
  • Share capital changed from 61,713 DKK to 62,800 DKK
  • Share capital changed from 60,408 DKK to 61,713 DKK
  • Share capital changed from 59,103 DKK to 60,408 DKK
  • VÆKSTFONDEN registered as owner (15%)
  • VÆKSTFONDEN is no longer registered as owner
201815 changescapital 6 · ownership 5 · management 4
  • Share capital changed from 57,353 DKK to 59,103 DKK
  • Share capital changed from 55,253 DKK to 57,353 DKK
  • AREA9 INVEST ApS registered as owner (66.67%)
  • AREA9 INVEST ApS is no longer registered as owner
  • Share capital changed from 53,153 DKK to 55,253 DKK
  • VÆKSTFONDEN registered as owner (10%)
  • Sheela Maini Søgaard Christiansen appointed board member
  • Christian Madsen Motzfeldt appointed board member
  • Chaudhri Khurram Jamil stepped down as board member
  • Share capital changed from 52,905 DKK to 53,153 DKK
  • Share capital changed from 52,100 DKK to 52,905 DKK
  • Share capital changed from 50,000 DKK to 52,100 DKK
  • Jesper Lilledal Holmgaard appointed board member
  • AREA9 INVEST ApS registered as owner (90%)
  • AREA9 INVEST ApS is no longer registered as owner
20176 changesfounded 1 · management 4 · ownership 1
  • Registered as Area9 Lyceum ApS
  • Chaudhri Khurram Jamil appointed board member
  • Ulrik Juul Christensen appointed chair of the board
  • Asger Kunuk Alstrup Palm appointed board member
  • Asger Kunuk Alstrup Palm appointed director
  • AREA9 INVEST ApS registered as owner (100%)

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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.

View in CVRReport a correction