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Cobiro ApS

Private limited companyCVR 37518336Frederiksberg CActive

Cobiro ApS is a private limited company, based in Frederiksberg C, active in other software publishing, founded in 2016. Equity was negative at the end of 2025 (−DKK 26.7m). The company made a loss in both 2024 and 2025, most recently DKK 6.7m. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 2.1m+36.9% vs. 2024
Net profit−DKK 6.7m+48.6% vs. 2024
Equity−DKK 26.7m−33.7% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 37% (2024 → 2025), to DKK 2.1m.
  • The loss got smaller: from DKK 13.1m to DKK 6.7m (2024 → 2025).

Employees

  • 1 fewer employees than a year earlier: 3 (07/2026) against 4 (07/2025).

Management and owners, last 24 months

  • New in management: Anders Haack Ibsen (board member, 01/10/2025), Bo Baunbæk Krogsgaard (board member, 01/10/2025) and Thomas Arnbak-Hartzberg (chair of the board, 01/10/2025) (+2).
  • Stepped down: Jesper Valentin Holm (director, 30/09/2025) and Henning Emil Olesen (director, 31/01/2026).

Registrations, last 24 months

  • 01/02/2026: Moved to Gammel Kongevej 60, 1850 Frederiksberg C
  • 22/09/2025: Moved to Kompagnistræde 14D, 1, 1208 København K

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 50m−DKK 40m−DKK 30m−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Cobiro ApS
202020212022202320242025Change
Revenue33,0682,294not statednot statednot statednot stated–
Gross profit––−2,5663,1011,5012,056+36.9%
Operating profit (EBIT)−18,532−35,542−44,142−13,193−10,718−8,320+22.4%
Profit before tax−21,292−38,799−47,341−14,866−13,113−5,892+55.1%
Net profit−14,623−28,806−44,915−14,018−13,113−6,740+48.6%
Total assets97,16070,01836,13824,44517,2388,534−50.5%
Equity21,834−6,361−1,170−8,884−20,001−26,741−33.7%
Liabilities75,3267637,30833,32937,23935,275−5.3%
Cash and cash equivalents21,3812939402731929−95.2%
Average number of employees––14764−33.3%

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 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 26.7m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • 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 Cobiro ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202225/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/07/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202007/07/2021The companyPDF 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
012345608/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

499 companies in the database

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

Gross profitDKK 2.1mNo. 272 of 494
Better than 45% of the companies in the industry
Equity−DKK 26.7mNo. 494 of 499
Better than 1% of the companies in the industry
Number of employees3No. 247 of 499
Better than 51% of the companies in the industry

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

DKK 100kDKK 1.2mDKK 14.1mDKK 168.1mDKK 875.9mHere
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
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 30,399of 69,742
Better than 56%
No. 69,837of 69,964
Better than 0%
Same industry and fewer than 20 employees406 companies in the comparison
No. 186of 404
Better than 54%
No. 402of 406
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 16,668of 33,588
Better than 50%
No. 33,561of 33,687
Better than 0%
All companies of type ApS66,508 companies in the comparison
No. 29,507of 66,379
Better than 56%
No. 66,374of 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

Other software publishing
Gross profit
  1. Cobiro ApSDKK 2.1m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Cobiro ApS−DKK 6.7m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Cobiro ApS−DKK 26.7m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Cobiro ApS3
  2. Milestone Systems A/S531
  3. Visma e-conomic A/S456

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
  • Ai Holding ApS20%
  • Søhusvej A/S5%
  • Adfect ApS5%
  • Visus Invest ApS5%
  • Krogsgaard Holding 2005 ApS25%
  • Nordic Secondary Fund II K/S5%
Cobiro ApS

Management

4 active registrations

Executive management

Executive management at Cobiro ApS
NameRoleAppointed
Thomas AebeløeDirector01/02/2026

Board of directors

Board of directors at Cobiro ApS
NameRoleAppointed
Anders Haack IbsenBoard member01/10/2025
Bo Baunbæk KrogsgaardBoard member01/10/2025
Thomas Arnbak-HartzbergChair of the board01/10/2025
Founders
Ai Holding ApS, Krogsgaard Holding 2005 ApS
Former management (13)
Former management at Cobiro ApS
NameRoleAppointedResigned
Bo Baunbæk KrogsgaardDirector01/03/201601/12/2022
Kristoffer EwaldBoard member20/03/202030/06/2021
Kim Rønnow DuusDeputy chair20/03/202028/04/2022
Christian Mærsk Mc-Kinney OlufsenChair of the board20/03/202028/04/2022
Werner Helmuth Storm ValeurBoard member30/06/202128/04/2022
Bo Baunbæk KrogsgaardBoard member24/05/202225/07/2022
Adam Skovbæch PedersenBoard member24/05/202225/07/2022
Sascha BjarnøeBoard member24/05/202225/07/2022
Peter Dybdahl Ollendorff HedeBoard member25/07/202208/09/2022
Thomas Arnbak-HartzbergBoard member25/07/202208/09/2022
Thomas AebeløeChair of the board25/07/202208/09/2022
Jesper Valentin HolmDirector01/12/202230/09/2025
Henning Emil OlesenDirector01/10/202531/01/2026

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med en direktør eller af to medlemmer af bestyrelsen.

Address and production units

1 active production units

Gammel Kongevej 60
1850 Frederiksberg C

Frederiksberg Municipality · Postcode 1850

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Cobiro ApSGammel Kongevej 60, 1850 Frederiksberg C31021227354

Purpose

Selskabets formål er at udvikle, licensere og sælge teknologi til forklaring af processer samt eje andele i associerede- og datterselskaber samt al virksomhed, som efter direktionens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

73 registered events
20264 changesaccounts 1 · address 1 · management 2
  • Annual report for 2025 published
  • Moved to Gammel Kongevej 60, 1850 Frederiksberg C
  • Thomas Aebeløe appointed director
  • Henning Emil Olesen stepped down as director
20257 changesmanagement 5 · address 1 · accounts 1
  • Thomas Arnbak-Hartzberg appointed chair of the board
  • Bo Baunbæk Krogsgaard appointed board member
  • Anders Haack Ibsen appointed board member
  • Henning Emil Olesen appointed director
  • Jesper Valentin Holm stepped down as director
  • Moved to Kompagnistræde 14D, 1, 1208 København K
  • Annual report for 2024 published
20247 changesaddress 2 · capital 1 · ownership 3 · accounts 1
  • Moved to Grønningen 5, 3, 1270 København K
  • Share capital changed from 1,239,466 DKK to 1,487,024 DKK
  • Nordic Secondary Fund II K/S registered as owner (5%)
  • Moved to Grønningen 5, kl, 1270 København K
  • Annual report for 2023 published
  • KROGSGAARD HOLDING 2005 ApS registered as owner (25%)
  • KROGSGAARD HOLDING 2005 ApS is no longer registered as owner
202310 changescapital 1 · ownership 7 · accounts 1 · address 1
  • Share capital changed from 750,980 DKK to 1,239,466 DKK
  • Nordic Secondary Fund I P/S registered as owner (5%)
  • Nordic Secondary Fund I P/S is no longer registered as owner
  • Søhusvej A/S registered as owner (5%)
  • KROGSGAARD HOLDING 2005 ApS registered as owner (33.33%)
  • ADFECT ApS registered as owner (5%)
  • Visus Invest ApS registered as owner (5%)
  • Annual report for 2022 published
  • KROGSGAARD HOLDING 2005 ApS is no longer registered as owner
  • Moved to Vestergade 18E, 3, 1456 København K
202222 changesmanagement 17 · name 1 · capital 2 · address 1 · accounts 1
  • Jesper Valentin Holm appointed director
  • Bo Baunbæk Krogsgaard stepped down as director
  • Name changed from Cobiro A/S to Cobiro ApS
  • Share capital changed from 725,448 DKK to 750,980 DKK
  • Peter Dybdahl Ollendorff Hede stepped down as board member
  • Thomas Arnbak-Hartzberg stepped down as board member
  • Thomas Aebeløe stepped down as chair of the board
  • Moved to Flæsketorvet 68, 1, 1711 København V
  • Annual report for 2021 published
  • Share capital changed from 500,448 DKK to 725,448 DKK
  • Peter Dybdahl Ollendorff Hede appointed board member
  • Thomas Arnbak-Hartzberg appointed board member
  • Thomas Aebeløe appointed chair of the board
  • Adam Skovbæch Pedersen stepped down as board member
  • Sascha Bjarnøe stepped down as board member
  • Bo Baunbæk Krogsgaard stepped down as board member
  • Adam Skovbæch Pedersen appointed board member
  • Sascha Bjarnøe appointed board member
  • Bo Baunbæk Krogsgaard appointed board member
  • Werner Helmuth Storm Valeur stepped down as board member
  • Kim Rønnow Duus stepped down as deputy chair
  • Christian Mærsk Mc-Kinney Olufsen stepped down as chair of the board
20214 changesownership 1 · accounts 1 · management 2
  • ZOAR INVEST ApS is no longer registered as owner
  • Annual report for 2020 published
  • Werner Helmuth Storm Valeur appointed board member
  • Kristoffer Ewald stepped down as board member
20205 changesname 1 · capital 1 · management 3
  • Name changed from Cobiro ApS to Cobiro A/S
  • Share capital changed from 62,556 DKK to 500,448 DKK
  • Kim Rønnow Duus appointed deputy chair
  • Kristoffer Ewald appointed board member
  • Christian Mærsk Mc-Kinney Olufsen appointed chair of the board
20182 changescapital 1 · address 1
  • Share capital changed from 58,036 DKK to 62,556 DKK
  • Moved to Esplanaden 8A, 4, 1263 København K
20174 changescapital 2 · address 2
  • Share capital changed from 56,482 DKK to 58,036 DKK
  • Moved to Amaliegade 14, st, 1256 København K
  • Moved to Amaliegade 14, 1, 1256 København K
  • Share capital changed from 55,556 DKK to 56,482 DKK
20168 changesownership 3 · capital 2 · name 1 · founded 1 · management 1
  • ZOAR INVEST ApS registered as owner (5%)
  • Share capital changed from 50,000 DKK to 55,556 DKK
  • Name changed from Cobiro IVS to Cobiro ApS
  • Share capital changed from 1,000 DKK to 50,000 DKK
  • Registered as Cobiro IVS
  • Bo Baunbæk Krogsgaard appointed director
  • KROGSGAARD HOLDING 2005 ApS registered as owner (25%)
  • AI HOLDING ApS registered as owner (20%)

Related companies

Same industry in Frederiksberg

See all →

Same people in management

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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