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ChronosHub ApS

Private limited companyCVR 38292242København VActive

ChronosHub ApS is a private limited company, based in København V, active in computer programming activities, founded in 2016. The company made a loss in both 2024 and 2025, most recently DKK 18.5m. With 44 employees, the company is about 11 times larger than the industry median. Gross profit is higher than that of 81% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 14.4m+63.4% vs. 2024
Net profit−DKK 18.5m−18.1% vs. 2024
EquityDKK 4.8m−9.2% vs. 2024
Employees44latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 63% (2024 → 2025), to DKK 14.4m.
  • The loss grew: from DKK 15.7m to DKK 18.5m (2024 → 2025).
  • Equity fell 9% (2024 → 2025), to DKK 4.8m.

Employees

  • 12 more employees than a year earlier: 44 (07/2026) against 32 (07/2025).

Management and owners, last 24 months

  • New in management: Sarah Beth Tegen (chair of the board, 11/03/2026), Matthew Kwan Chan (board member, 11/03/2026) and Norma Dolores Cernadas (board member, 01/01/2025).
  • Stepped down: Marianne Kjeldgaard Knudsen (director, 29/11/2024), Ralph Eugene Youngen (chair of the board, 11/03/2026) and Sarah Beth Tegen (board member, 10/03/2026) (+2).

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 20m−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5m202020212022202320242025
EquityNet profit
Financial figures for ChronosHub ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit845,6139,61512,8638,81614,405+63.4%
Operating profit (EBIT)−3,573−1,257−770−1,740−16,659−17,618−5.8%
Profit before tax−4,219−1,576−1,793−2,572−15,661−18,492−18.1%
Net profit−4,219−1,576−38−4,672−15,661−18,492−18.1%
Total assets4,21214,86025,99427,87228,00120,396−27.2%
Equity−9,2108848464,9895,3284,836−9.2%
Liabilities13,42213,97625,14822,88322,67315,560−31.4%
Cash and cash equivalents6556,4733,2243,3137,6764,311−43.8%
Average number of employees61016151926+36.8%

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (1,661 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.

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 ChronosHub ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202320/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202107/07/2022The 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
0102030405008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 14.4mNo. 312 of 1,656
Better than 81% of the companies in the industry
EquityDKK 4.8mNo. 426 of 1,661
Better than 74% of the companies in the industry
Number of employees44No. 211 of 1,661
Better than 87% 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 20–49 employees9,922 companies in the comparison
No. 4,332of 9,892
Better than 56%
No. 4,805of 9,922
Better than 52%
Same industry and 20–49 employees183 companies in the comparison
No. 133of 182
Better than 27%
No. 115of 183
Better than 37%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,953of 33,588
Better than 91%
No. 6,222of 33,687
Better than 82%
All companies of type ApS66,508 companies in the comparison
No. 3,817of 66,379
Better than 94%
No. 11,522of 66,505
Better than 83%

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. ChronosHub ApSDKK 14.4m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. ChronosHub ApS−DKK 18.5m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. ChronosHub ApSDKK 4.8m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. ChronosHub ApS44
  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
  • ChronosHub Technologies Holding a/s100%
ChronosHub ApS

Management

4 active registrations

Executive management

Executive management at ChronosHub ApS
NameRoleAppointed
Christian Bork GrubakDirector30/12/2016

Board of directors

Board of directors at ChronosHub ApS
NameRoleAppointed
Christian Bork GrubakBoard member31/08/2023
Sarah Beth TegenChair of the board11/03/2026
Matthew Kwan ChanBoard member11/03/2026
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
Selskabet af 17. marts 2021 A/S, Innovative Solutions for the Scholarly Research Community Ltd
Former management (10)
Former management at ChronosHub ApS
NameRoleAppointedResigned
Jan GrubakChair of the board30/12/201628/05/2021
Jørn Jensen HolmBoard member28/05/202131/08/2023
Marianne Kjeldgaard KnudsenChair of the board28/05/202129/10/2021
Torben Frigaard RasmussenBoard member28/05/202131/08/2023
Marianne Kjeldgaard KnudsenDirector29/10/202129/11/2024
Ulrik MonbergChair of the board29/10/202131/08/2023
Ralph Eugene YoungenChair of the board31/08/202311/03/2026
Sarah Beth TegenBoard member31/08/202310/03/2026
Jessica Rucker BurchickBoard member14/11/202331/12/2024
Norma Dolores CernadasBoard member01/01/202511/12/2025

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesformanden eller af tre bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Vesterbrogade 149
1620 København V

København Municipality · Postcode 1620

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
ChronosHub ApSVesterbrogade 149, 1620 København V461022047570

Purpose

Selskabets formål er digital forretningsudvikling til brug indenfor forskning, undervisning og publicering af akademiske artikler samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

55 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Matthew Kwan Chan appointed board member
  • Sarah Beth Tegen appointed chair of the board
  • Ralph Eugene Youngen stepped down as chair of the board
  • Sarah Beth Tegen stepped down as board member
20253 changesmanagement 2 · accounts 1
  • Norma Dolores Cernadas stepped down as board member
  • Annual report for 2024 published
  • Norma Dolores Cernadas appointed board member
20243 changesmanagement 2 · accounts 1
  • Jessica Rucker Burchick stepped down as board member
  • Marianne Kjeldgaard Knudsen stepped down as director
  • Annual report for 2023 published
20238 changesmanagement 7 · accounts 1
  • Jessica Rucker Burchick appointed board member
  • Sarah Beth Tegen appointed board member
  • Ralph Eugene Youngen appointed chair of the board
  • Christian Bork Grubak appointed board member
  • Ulrik Monberg stepped down as chair of the board
  • Torben Frigaard Rasmussen stepped down as board member
  • Jørn Jensen Holm stepped down as board member
  • Annual report for 2022 published
20224 changesownership 3 · accounts 1
  • ChronosHub Technologies Holding a/s registered as owner (100%)
  • TPC MANAGEMENT ApS is no longer registered as owner
  • ChronosHub Technologies Holding a/s is no longer registered as owner
  • Annual report for 2021 published
202113 changesname 1 · management 7 · address 2 · accounts 1 · capital 1 · ownership 1
  • Name changed from ISSRC ApS to ChronosHub ApS
  • Ulrik Monberg appointed chair of the board
  • Marianne Kjeldgaard Knudsen appointed director
  • Marianne Kjeldgaard Knudsen stepped down as chair of the board
  • Moved to Vesterbrogade 149, 1620 København V
  • Annual report for 2020 published
  • Share capital changed from 6,125,500 DKK to 6,811,111 DKK
  • Marianne Kjeldgaard Knudsen appointed chair of the board
  • Torben Frigaard Rasmussen appointed board member
  • Jørn Jensen Holm appointed board member
  • Jan Grubak stepped down as chair of the board
  • TPC MANAGEMENT ApS registered as owner (5%)
  • Moved to Herstedvang 12, 2. mf, 2620 Albertslund
20203 changesownership 3
  • ChronosHub Technologies Holding a/s registered as owner (90%)
  • Innovative Solutions for the Scholarly Research Community Ltd is no longer registered as owner
  • ChronosHub Technologies Holding a/s is no longer registered as owner
20195 changescapital 1 · ownership 4
  • Share capital changed from 2,830,000 DKK to 6,125,500 DKK
  • Innovative Solutions for the Scholarly Research Community Ltd registered as owner (5%)
  • Innovative Solutions for the Scholarly Research Community Ltd is no longer registered as owner
  • ChronosHub Technologies Holding a/s registered as owner (90%)
  • Selskabet af 17. marts 2021 A/S is no longer registered as owner
20185 changescapital 1 · ownership 4
  • Share capital changed from 830,000 DKK to 2,830,000 DKK
  • Innovative Solutions for the Scholarly Research Community Ltd registered as owner (15%)
  • Selskabet af 17. marts 2021 A/S registered as owner (66.67%)
  • Selskabet af 17. marts 2021 A/S is no longer registered as owner
  • Innovative Solutions for the Scholarly Research Community Ltd is no longer registered as owner
20171 changecapital 1
  • Share capital changed from 50,000 DKK to 830,000 DKK
20165 changesfounded 1 · management 2 · ownership 2
  • Registered as ISSRC ApS
  • Christian Bork Grubak appointed director
  • Jan Grubak appointed chair of the board
  • Selskabet af 17. marts 2021 A/S registered as owner (33.33%)
  • Innovative Solutions for the Scholarly Research Community Ltd registered as owner (50%)

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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