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Cdrator A/S

Public limited companyCVR 26499879BallerupActive

Cdrator A/S is a public limited company, based in Ballerup, active in computer programming activities, founded in 2002. With 60 employees, the company is about 15 times larger than the industry median. Equity fell to DKK 55.6m in 2025. Gross profit is higher than that of 97% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 102m−4.6% vs. 2024
Net profitDKK 42.1m−3.5% vs. 2024
EquityDKK 55.6m−29.2% vs. 2024
Employees60latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 5% (2024 → 2025), to DKK 102m.
  • Net profit fell 3% (2024 → 2025), to DKK 42.1m.
  • Equity fell 29% (2024 → 2025), to DKK 55.6m.

Employees

  • 4 fewer employees than a year earlier: 60 (08/2026) against 64 (08/2025).

Management and owners, last 24 months

  • New in management: Ian Cornes (board member, 07/02/2025), Ian Cornes (director, 07/02/2025) and Vinh Tho Lien (board member, 14/09/2026).
  • Stepped down: Amritlal Bhagwanji Jethwa (board member, 07/02/2025), Amritlal Bhagwanji Jethwa (director, 07/02/2025) and Robert Medved (board member, 14/09/2026).

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 0DKK 10bnDKK 20bnDKK 30bnDKK 40bnDKK 50bnDKK 60bnDKK 70bnDKK 80bn202020212022202320242025
EquityNet profit
Financial figures for Cdrator A/S
202020212022202320242025Change
Revenue109,398133,902not statednot statednot statednot stated–
Gross profit89,468110,158103,252116,954,534106,918102,011−4.6%
Operating profit (EBIT)42,15153,77851,14864,731,46455,40353,653−3.2%
Profit before tax42,95352,69351,05564,035,92556,85155,436−2.5%
Net profit33,50340,95739,38547,479,06943,59642,083−3.5%
Total assets102,514109,494116,238113,858,684135,95887,381−35.7%
Equity42,50150,23375,99475,212,05278,50955,592−29.2%
Liabilities60,01359,26140,22138,606,79857,30831,710−44.7%
Cash and cash equivalents16,98828,93638,46135,145,42236,99627,171−26.6%
Average number of employees66777173680−100%

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 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 20bnDKK 40bnDKK 60bnDKK 80bnDKK 100bnDKK 120bn202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 68 in 2024 to 0 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.

  • 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 Cdrator A/S
Financial yearPeriodPublishedFigures forDocuments
202501/11/2024 – 31/10/202502/05/2026The companyPDF not statedXBRL
202401/11/2023 – 31/10/202405/05/2025The companyPDFXBRL
202301/11/2022 – 31/10/202303/06/2024The companyPDFXBRL
202201/11/2021 – 31/10/202217/05/2023The companyPDFXBRL
202101/11/2020 – 31/10/202105/04/2022The companyPDFXBRL
202001/11/2019 – 31/10/202019/04/2021The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 102mNo. 46 of 1,656
Better than 97% of the companies in the industry
EquityDKK 55.6mNo. 73 of 1,661
Better than 96% of the companies in the industry
Number of employees60No. 1547 of 1,661
Better than 7% 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 50–199 employees4,467 companies in the comparison
No. 637of 4,412
Better than 86%
No. 1,117of 4,466
Better than 75%
Same industry and 50–199 employees99 companies in the comparison
No. 30of 99
Better than 70%
No. 31of 99
Better than 69%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 706of 24,791
Better than 97%
No. 2,151of 24,909
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 1,539of 17,786
Better than 91%
No. 3,342of 18,024
Better than 81%

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. Cdrator A/SDKK 102m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Cdrator A/SDKK 42.1m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Cdrator A/SDKK 55.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Cdrator A/S60
  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
  • Enghouse Interactive AB100%
Cdrator A/S

Management

4 active registrations

Executive management

Executive management at Cdrator A/S
NameRoleAppointed
Ian CornesDirector07/02/2025

Board of directors

Board of directors at Cdrator A/S
NameRoleAppointed
Stephen John SadlerChair of the board12/03/2015
Ian CornesBoard member07/02/2025
Vinh Tho LienBoard member14/09/2026
Founders
Caesar ApS, Consolidated Holdings A/S
Former management (18)
Former management at Cdrator A/S
NameRoleAppointedResigned
Jesper PhilippBoard member04/01/200222/03/2010
Jesper PhilippDirector04/01/200201/09/2008
Torben ThomasenBoard member04/01/200225/05/2004
Ib KunøeChair of the board04/01/200212/03/2015
Torben ScheelBoard member04/01/200225/05/2004
Laurits Sougaard TygesenBoard member04/01/200224/04/2018
Laurits Sougaard TygesenCEO01/09/200811/03/2015
Mads Mathias MiddelboeBoard member22/03/201012/03/2015
Kristian Hvid JakobsenBoard member27/03/201203/03/2013
Torben Cornelius Grum JensenBoard member03/03/201312/03/2015
Laurits Sougaard TygesenDirector12/03/201524/04/2018
Sunil Gregory DiazCEO12/03/201501/12/2021
Douglas Craig BrysonBoard member12/03/201511/04/2022
Vinh Tho LienBoard member24/04/201809/04/2021
Vinh Tho LienDirector24/04/201809/04/2021
Amritlal Bhagwanji JethwaBoard member09/04/202107/02/2025
Amritlal Bhagwanji JethwaDirector09/04/202107/02/2025
Robert MedvedBoard member11/04/202214/09/2026

Signing rule: Selskabet tegnes af en direktør eller af et bestyrelsesmedlem.

Address and production units

2 active production units

Lautrupvang 12
2750 Ballerup

Ballerup Municipality · Postcode 2750

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
CDRATOR A/SLautrupvang 12, 2750 Ballerup601008984928
MOBILETHINK A/SHedeager 44, 8200 Aarhus N161007198333

Purpose

Selskabets formål er at drive udviklingsvirksomhed, herunder salg af EDB-systemer, projektledelse og konsulentvirkosmhed samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

53 registered events
20263 changesmanagement 2 · accounts 1
  • Vinh Tho Lien appointed board member
  • Robert Medved stepped down as board member
  • Annual report for 2025 published
20255 changesaccounts 1 · management 4
  • Annual report for 2024 published
  • Ian Cornes appointed director
  • Ian Cornes appointed board member
  • Amritlal Bhagwanji Jethwa stepped down as board member
  • Amritlal Bhagwanji Jethwa stepped down as director
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Robert Medved appointed board member
  • Douglas Craig Bryson stepped down as board member
  • Annual report for 2021 published
20217 changesmanagement 5 · merger 1 · accounts 1
  • Sunil Gregory Diaz stepped down as ceo
  • Merger registered in CVR
  • Annual report for 2020 published
  • Amritlal Bhagwanji Jethwa appointed board member
  • Amritlal Bhagwanji Jethwa appointed director
  • Vinh Tho Lien stepped down as director
  • Vinh Tho Lien stepped down as board member
20184 changesmanagement 4
  • Vinh Tho Lien appointed director
  • Vinh Tho Lien appointed board member
  • Laurits Sougaard Tygesen stepped down as director
  • Laurits Sougaard Tygesen stepped down as board member
20159 changesmanagement 8 · ownership 1
  • Sunil Gregory Diaz appointed ceo
  • Laurits Sougaard Tygesen appointed director
  • Douglas Craig Bryson appointed board member
  • Stephen John Sadler appointed chair of the board
  • Torben Cornelius Grum Jensen stepped down as board member
  • Mads Mathias Middelboe stepped down as board member
  • Ib Kunøe stepped down as chair of the board
  • Laurits Sougaard Tygesen stepped down as ceo
  • Enghouse Interactive AB registered as owner (100%)
20132 changesmanagement 2
  • Torben Cornelius Grum Jensen appointed board member
  • Kristian Hvid Jakobsen stepped down as board member
20121 changemanagement 1
  • Kristian Hvid Jakobsen appointed board member
20103 changesaddress 1 · management 2
  • Moved to Lautrupvang 12, 2750 Ballerup
  • Mads Mathias Middelboe appointed board member
  • Jesper Philipp stepped down as board member
20083 changesmanagement 2 · industry 1
  • Laurits Sougaard Tygesen appointed ceo
  • Jesper Philipp stepped down as director
  • Industry changed to Computerprogrammering (620100)
20051 changeaddress 1
  • Moved to Lautrupbjerg 2, tv, 2750 Ballerup
20042 changesmanagement 2
  • Torben Thomasen stepped down as board member
  • Torben Scheel stepped down as board member
20031 changeindustry 1
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20027 changesfounded 1 · management 6
  • Registered as CDRATOR A/S
  • Ib Kunøe appointed chair of the board
  • Torben Thomasen appointed board member
  • Jesper Philipp appointed board member
  • Laurits Sougaard Tygesen appointed board member
  • Torben Scheel appointed board member
  • Jesper Philipp appointed director

Related companies

Same industry in Ballerup

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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.

View in CVRReport a correction