BeCause ApS

Private limited companyCVR 39745267København SActive

BeCause ApS is a private limited company, based in København S, active in other software publishing, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 8.9m. With 15 employees, the company is about 4 times larger than the industry median. 6 people are registered in the company's management and ownership.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 2.9m+292.9% vs. 2024

Net profit−DKK 8.9m+39.9% vs. 2024

EquityDKK 5.5m−10.2% vs. 2024

Employees15latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

The loss got smaller: from DKK 14.8m to DKK 8.9m (2024 → 2025).
Equity fell 10% (2024 → 2025), to DKK 5.5m.

Employees

4 fewer employees than a year earlier: 15 (07/2026) against 19 (07/2025).

Management and owners, last 24 months

New in management: Andreas Green Rasmussen (chair of the board, 18/02/2025), Christian Oxlund (board member, 18/02/2025) and Céline Clara Cecilia Pattyranie (board member, 17/12/2025).
Stepped down: Christian Oxlund (chair of the board, 17/02/2025), Andreas Green Rasmussen (board member, 17/02/2025) and Kärt Siilats (board member, 17/12/2025).
New owners registered: UDV The Nest Fund K/S (31/12/2025).
No longer registered as owner: UDV The Nest Fund K/S (30/12/2025).

Registrations, last 24 months

15/05/2026: Share capital changed from 68,613 DKK to 70,084 DKK
31/12/2025: Share capital changed from 63,043 DKK to 68,613 DKK

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

EquityNet profit

Financial figures for BeCause ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	311	460	508	−234	−1,519	2,929	+292.9%
Operating profit (EBIT)	−30	−46	−698	−3,680	−14,284	−8,572	+40%
Profit before tax	−33	−53	−756	−3,930	−14,790	−8,894	+39.9%
Net profit	−33	−53	−756	−3,700	−14,790	−8,894	+39.9%
Total assets	153	803	2,634	17,039	16,294	13,206	−19%
Equity	−50	−62	−48	6,468	6,073	5,452	−10.2%
Liabilities	203	865	2,683	10,571	10,221	7,754	−24.1%
Cash and cash equivalents	85	513	1,154	13,322	5,870	790	−86.5%
Average number of employees	–	2	–	8	24	18	−25%

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

Compare with the industry (499 companies)

Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures

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.
Fewer employees
The number of employees fell 25% from 24 in 2024 to 18 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 BeCause ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	29/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	01/07/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	07/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	21/06/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	28/04/2022	The company	PDF not statedXBRL
2020	01/01/2020 – 31/12/2020	30/06/2021	The company	PDF not statedXBRL

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

Employees

Position in the industry

499 companies in the database

Comparison with the other companies in other software publishing based on the latest financial year.

Gross profitDKK 2.9mNo. 246 of 494

Better than 50% of the companies in the industry

EquityDKK 5.5mNo. 126 of 499

Better than 75% of the companies in the industry

Number of employees15No. 93 of 499

Better than 82% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.

Distribution of gross profit for 427 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 23,111of 69,742 Better than 67%	No. 13,373of 69,964 Better than 81%
Same industry and fewer than 20 employees406 companies in the comparison	No. 160of 404 Better than 61%	No. 67of 406 Better than 84%
Companies that are between 5 and 14 years old33,679 companies in the comparison	No. 13,303of 33,579 Better than 60%	No. 5,717of 33,678 Better than 83%
All companies of type ApS66,508 companies in the comparison	No. 22,784of 66,379 Better than 66%	No. 10,571of 66,505 Better than 84%

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

Other software publishing

Gross profit

BeCause ApSDKK 2.9m
Milestone Systems A/SDKK 2bn
Visma e-conomic A/SDKK 880.2m

Net profit

BeCause ApS−DKK 8.9m
Milestone Systems A/SDKK 183.4m
Visma e-conomic A/SDKK 456.2m

Equity

BeCause ApSDKK 5.5m
Milestone Systems A/SDKK 1.7bn
Visma e-conomic A/SDKK 471.5m

Employees

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

Prolab Holding A/S5%
Curiosity Early Stage Fund Coöperatief U.A.5%
Just Holding On ApS25%
AllFred Holding ApS25%
Usaldusfond Superangel Two5%
UDV The Nest Fund K/S15%

BeCause ApS

Management

8 active registrations

Executive management

Executive management at BeCause ApS
Name	Role	Appointed
Jonas Bruun Jacobsen	Director	12/02/2020
Frederik Prinds Rubens	CEO	12/02/2020

Board of directors

Board of directors at BeCause ApS
Name	Role	Appointed
Jonas Bruun Jacobsen	Board member	21/03/2022
Frederik Prinds Rubens	Board member	21/03/2022
Carsten Mahler	Board member	03/11/2023
Andreas Green Rasmussen	Chair of the board	18/02/2025
Christian Oxlund	Board member	18/02/2025
Céline Clara Cecilia Pattyranie	Board member	17/12/2025

Auditor: Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab
Founders: Jonas Bruun Jacobsen

Former management (4)

Former management at BeCause ApS
Name	Role	Appointed	Resigned
Jonas Bruun Jacobsen	CEO	26/07/2018	11/02/2020
Christian Oxlund	Chair of the board	21/03/2022	17/02/2025
Andreas Green Rasmussen	Board member	03/11/2023	17/02/2025
Kärt Siilats	Board member	03/11/2023	17/12/2025

Signing rule: Virksomheden tegnes af 2 direktører, 2 bestyrelsesmedlemmer eller 1 direktør og 1 bestyrelsesmedlem i forening.

Address and production units

1 active production units

Njalsgade 21E
2300 København S

København Municipality · Postcode 2300

Production units
Production unit	Address	Industry	Employees	P number
BeCause ApS	Njalsgade 21E, 1, 2300 København S	Other software publishing	16	1023820494

Purpose

Virksomhedens formål er udvikling og salg af digitale løsninger samt vejledning indenfor bæredygtighed (sustainability management).

The purpose is quoted from the register in Danish.

Changes year by year

62 registered events

52018

02019

62020

132021

72022

82023

112024

102025

22026

20262 changesaccounts 1 · capital 1

29/06AccountsAnnual report for 2025 published
15/05CapitalShare capital changed from 68,613 DKK to 70,084 DKK

202510 changescapital 1 · ownership 2 · management 6 · accounts 1

31/12CapitalShare capital changed from 63,043 DKK to 68,613 DKK
31/12OwnershipUDV The Nest Fund K/S registered as owner (15%)
30/12OwnershipUDV The Nest Fund K/S is no longer registered as owner
17/12ManagementCéline Clara Cecilia Pattyranie appointed board member
17/12ManagementKärt Siilats stepped down as board member
01/07AccountsAnnual report for 2024 published
18/02ManagementAndreas Green Rasmussen appointed chair of the board
18/02ManagementChristian Oxlund appointed board member
17/02ManagementAndreas Green Rasmussen stepped down as board member
17/02ManagementChristian Oxlund stepped down as chair of the board

202411 changescapital 2 · ownership 8 · accounts 1

30/08CapitalShare capital changed from 54,794 DKK to 63,043 DKK
30/08OwnershipUDV The Nest Fund K/S registered as owner (10%)
30/08OwnershipUsaldusfond Superangel Two registered as owner (5%)
30/08OwnershipAllFred Holding ApS registered as owner (25%)
30/08OwnershipJust Holding On ApS registered as owner (25%)
29/08OwnershipUDV The Nest Fund K/S is no longer registered as owner
29/08OwnershipJust Holding On ApS is no longer registered as owner
29/08OwnershipAllFred Holding ApS is no longer registered as owner
07/06AccountsAnnual report for 2023 published
16/02CapitalShare capital changed from 52,043 DKK to 54,794 DKK
16/02OwnershipCuriosity Early Stage Fund Coöperatief U.A. registered as owner (5%)

20238 changescapital 1 · management 3 · ownership 2 · address 1 · accounts 1

03/11CapitalShare capital changed from 41,633 DKK to 52,043 DKK
03/11ManagementAndreas Green Rasmussen appointed board member
03/11ManagementCarsten Mahler appointed board member
03/11ManagementKärt Siilats appointed board member
03/11OwnershipUDV The Nest Fund K/S registered as owner (5%)
03/11OwnershipPROLAB HOLDING A/S registered as owner (5%)
04/09AddressMoved to Njalsgade 21E, 1, 2300 København S
21/06AccountsAnnual report for 2022 published

20227 changescapital 1 · address 2 · accounts 1 · management 3

21/12CapitalShare capital changed from 40,000 DKK to 41,633 DKK
08/09AddressMoved to Njalsgade 76, 2300 København S
28/04AccountsAnnual report for 2021 published
21/03ManagementJonas Bruun Jacobsen appointed board member
21/03ManagementChristian Oxlund appointed chair of the board
21/03ManagementFrederik Prinds Rubens appointed board member
07/03AddressMoved to Njalsgade 76, 2300 København S

202113 changesownership 8 · name 1 · address 2 · capital 1 · accounts 1

01/11OwnershipJust Holding On ApS registered as owner (33.33%)
01/11OwnershipAllFred Holding ApS registered as owner (33.33%)
31/10OwnershipAllFred Holding ApS is no longer registered as owner
31/10OwnershipJust Holding On ApS is no longer registered as owner
01/10OwnershipAllFred Holding ApS registered as owner (50%)
01/10OwnershipJust Holding On ApS registered as owner (50%)
01/10OwnershipFrederik Prinds Rubens is no longer registered as owner
01/10OwnershipJonas Bruun Jacobsen is no longer registered as owner
10/08NameName changed from PennyWorthy IVS to BeCause ApS
10/08AddressMoved to Emil Holms Kanal 14, 2300 København S
10/08CapitalShare capital changed from 1 DKK to 40,000 DKK
30/06AccountsAnnual report for 2020 published
23/03AddressMoved to Emil Holms Kanal 14, 2300 København S

20206 changesaddress 2 · management 3 · ownership 1

14/12AddressMoved to Emil Holms Kanal 14, 2300 København S
12/02AddressMoved to Porcelænshaven 26, 2, 2000 Frederiksberg
12/02ManagementFrederik Prinds Rubens appointed ceo
12/02ManagementJonas Bruun Jacobsen appointed director
11/02ManagementJonas Bruun Jacobsen stepped down as ceo
12/01OwnershipFrederik Prinds Rubens registered as owner (50%)

20185 changesownership 3 · founded 1 · management 1

01/08OwnershipJonas Bruun Jacobsen registered as owner (50%)
31/07OwnershipJonas Bruun Jacobsen is no longer registered as owner
26/07FoundedRegistered as PennyWorthy IVS
26/07ManagementJonas Bruun Jacobsen appointed ceo
26/07OwnershipJonas Bruun Jacobsen registered as owner (100%)

Related companies

Same industry in København

Simcorp A/S634 employees
Visma e-conomic A/S456 employees
PowerMatch ApS333 employees
Sap Danmark A/S266 employees
Better Collective A/S152 employees
Planday A/S150 employees

See all →

Same people in management

Eupry ApSvia Andreas Green Rasmussen
Moxso ApSvia Andreas Green Rasmussen
Danske Invest Management A/Svia Carsten Mahler
P-secure ApSvia Andreas Green Rasmussen
Savoy Hotel A/Svia Christian Oxlund
Kanda ApSvia Andreas Green Rasmussen

Largest in the industry

See all →

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 CVR Report a correction