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Cassin Networks ApS

Private limited companyCVR 36967552København ØActive

Cassin Networks ApS is a private limited company, based in København Ø, active in it infrastructure, data processing, hosting and related activities, founded in 2015. Measured by gross profit, it ranks no. 1 of 213 companies in the industry in the database. Operations are spread over 4 production units. With 64 employees, the company is about 14 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 2.6bn−14.3% vs. 2024
Net profitDKK 184.1m−0.4% vs. 2024
EquityDKK 16.5bn+6.7% vs. 2024
Employees64latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 21% (2024 → 2025), to DKK 2bn.
  • Revenue fell 14% (2024 → 2025), to DKK 2.6bn.
  • Equity rose 7% (2024 → 2025), to DKK 16.5bn.

Employees

  • 3 fewer employees than a year earlier: 64 (07/2026) against 67 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to IT infrastructure, data processing, hosting and related activities (631000)

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 0DKK 2bnDKK 4bnDKK 6bnDKK 8bnDKK 10bnDKK 12bnDKK 14bnDKK 16bn202020212022202320242025
EquityNet profit
Financial figures for Cassin Networks ApS
202020212022202320242025Change
Revenue2,364,5272,923,3063,062,1032,525,7653,086,3532,644,400−14.3%
Gross profit2,025,8002,314,9493,850,2931,546,5742,497,7751,978,277−20.8%
Operating profit (EBIT)168,360226,788222,490187,119265,742−126,960−147.8%
Profit before tax186,346216,897226,865200,609239,756225,238−6.1%
Net profit145,171169,164173,209157,924184,863184,103−0.4%
Total assets12,619,53213,223,66316,869,61815,340,00716,195,44218,430,054+13.8%
Equity12,321,13512,490,29914,526,68114,684,60515,433,23616,467,339+6.7%
Liabilities291,158678,7202,260,823522,524564,3041,715,299+204%
Cash and cash equivalents123,82833,967255,339660,379163,8580−100%
Average number of employees637381847468−8.1%

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. Gross profit can exceed revenue when the company has other operating income or is a financial company.

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

DKK 0DKK 500mDKK 1bnDKK 1.5bnDKK 2bnDKK 2.5bnDKK 3bnDKK 3.5bnDKK 4bn202020212022202320242025
Gross profitMedian, the industry (214 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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
Annual reports for Cassin Networks ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202129/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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
02040608008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

214 companies in the database

Comparison with the other companies in it infrastructure, data processing, hosting and related activities based on the latest financial year.

Gross profitDKK 2bnNo. 1 of 213
Better than 100% of the companies in the industry
EquityDKK 16.5bnNo. 1 of 214
Better than 100% of the companies in the industry
Number of employees64No. 13 of 214
Better than 94% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 274k, equity DKK 1.9m, 5 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 166.8mDKK 867.6mHere
Distribution of gross profit for 195 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 50–199 employees4,467 companies in the comparison
No. 9of 4,412
Better than 100%
No. 10of 4,466
Better than 100%
Same industry and 50–199 employees22 companies in the comparison
No. 1of 21
Better than 100%
No. 1of 22
Better than 100%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 7of 33,588
Better than 100%
No. 5of 33,687
Better than 100%
All companies of type ApS66,508 companies in the comparison
No. 3of 66,379
Better than 100%
No. 2of 66,505
Better than 100%

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

IT infrastructure, data processing, hosting and related activities
Gross profit
  1. Cassin Networks ApSDKK 2bn
  2. Dapsi International ApSDKK 1bn
  3. itm8 A/SDKK 987.9m
Net profit
  1. Cassin Networks ApSDKK 184.1m
  2. Dapsi International ApSDKK 33.1m
  3. itm8 A/S−DKK 29.5m
Equity
  1. Cassin Networks ApSDKK 16.5bn
  2. Dapsi International ApSDKK 4.5bn
  3. itm8 A/SDKK 1.3bn
Employees
  1. Cassin Networks ApS64
  2. Dapsi International ApS49
  3. itm8 A/S986

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
  • Facebook International Operations Limited100%
Cassin Networks ApS

Management

3 active registrations

Executive management

Executive management at Cassin Networks ApS
NameRoleAppointed
Raj Paul SinghDirector04/01/2023
Petra LindnerDirector12/04/2024
Adam O'ReillyDirector12/04/2024
Founders
Wuronda Investments Limited
Former management (5)
Former management at Cassin Networks ApS
NameRoleAppointedResigned
Kåre Bo StoltCEO17/07/201523/01/2017
Shane CrehanDirector23/01/201703/09/2018
David William KlingDirector23/01/201701/06/2021
Susan Jennifer Simone TaylorDirector09/07/201704/01/2023
Nisarg Pankaj JariwalaDirector04/01/202312/04/2024

Signing rule: Selskabet tegnes af en direktør eller den samlede direktion.

Address and production units

4 active production units

Amerika Plads 37
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Cassin Networks ApSAmerika Plads 37, 2100 København Ø751020583122
Cassin Networks ApSM.P. Allerups Vej 48, Fraugde, 5220 Odense SØ641024584182
Cassin Networks ApSM.P. Allerups Vej 69, 5220 Odense SØ–1025750213
External WarehouseP.L. Brandts Allé 2, 5220 Odense SØ–1024305747

Purpose

Selskabets formål er at drive virksomhed med ejerskab og forvaltning af fast ejendom og udstyr til netværksinfrastruktur til at levere data-hosting-tjenester og anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

33 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to IT infrastructure, data processing, hosting and related activities (631000)
20244 changesaccounts 1 · management 3
  • Annual report for 2023 published
  • Petra Lindner appointed director
  • Adam O'Reilly appointed director
  • Nisarg Pankaj Jariwala stepped down as director
20235 changesaccounts 1 · address 1 · management 3
  • Annual report for 2022 published
  • Moved to Amerika Plads 37, 2100 København Ø
  • Nisarg Pankaj Jariwala appointed director
  • Raj Paul Singh appointed director
  • Susan Jennifer Simone Taylor stepped down as director
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaccounts 1 · management 1
  • Annual report for 2020 published
  • David William Kling stepped down as director
20182 changesmanagement 1 · capital 1
  • Shane Crehan stepped down as director
  • Share capital changed from 102,000 DKK to 103,000 DKK
201713 changescapital 3 · ownership 6 · management 4
  • Share capital changed from 101,000 DKK to 102,000 DKK
  • Facebook Lux S.à r.l is no longer registered as owner
  • Share capital changed from 100,000 DKK to 101,000 DKK
  • Susan Jennifer Simone Taylor appointed director
  • Share capital changed from 50,000 DKK to 100,000 DKK
  • Facebook Lux S.à r.l registered as owner (0%)
  • Facebook International Operations Limited registered as owner (100%)
  • Facebook International Operations Limited is no longer registered as owner
  • Shane Crehan appointed director
  • David William Kling appointed director
  • Kåre Bo Stolt stepped down as ceo
  • Facebook International Operations Limited registered as owner (100%)
  • Wuronda Investments Limited is no longer registered as owner
20153 changesfounded 1 · management 1 · ownership 1
  • Registered as Cassin Networks ApS
  • Kåre Bo Stolt appointed ceo
  • Wuronda Investments Limited registered as owner (100%)

Related companies

Same industry in København

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction