Code Iii ApS

Private limited companyCVR 45279367LyngeActive

Code Iii ApS is a private limited company, based in Lynge, active in non-financial holding companies, founded in 2024. Equity was negative at the end of 2025 (−DKK 6.6m). The company is new and has been registered for 2 years. The latest net result (2025) was a loss of DKK 6.7m.

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Key figures · financial year 2025

Gross profit−DKK 6m
Net profit−DKK 6.7m
Equity−DKK 6.6m
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Employees

  • 1 more employees than a year earlier: 2 (07/2026) against 1 (07/2025).

Management and owners, last 24 months

  • New in management: Mathias Lyngbye Villadsen (director, 11/12/2024).
  • New owners registered: Code Ii ApS (11/12/2024).

Registrations, last 24 months

  • 16/09/2025: Name changed from NERC III ApS to CODE III ApS

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 2025–2025 · amounts in DKK thousand
Financial figures for Code Iii ApS
2025Change
Revenuenot stated–
Gross profit−6,005–
Operating profit (EBIT)−6,574–
Profit before tax−6,651–
Net profit−6,651–
Total assets1,382–
Equity−6,571–
Liabilities7,953–
Cash and cash equivalents968–
Average number of employees1–

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 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

Signals from the financial statements

calculated from the 2025 figures
  • Negative equity

    Equity was −DKK 6.6m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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

1 financial years
Annual reports for Code Iii ApS
Financial yearPeriodPublishedFigures forDocuments
202511/12/2024 – 31/12/202527/03/2026The 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
0112206/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profit−DKK 6mNo. 2073 of 2,093
Better than 1% of the companies in the industry
Equity−DKK 6.6mNo. 2120 of 2,138
Better than 1% of the companies in the industry
Number of employees2No. 966 of 2,138
Better than 55% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 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. 69,568of 69,742
Better than 0%
No. 69,367of 69,964
Better than 1%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 2,031of 2,048
Better than 1%
No. 2,076of 2,092
Better than 1%
Companies that are founded within the last five years16,675 companies in the comparison
No. 16,569of 16,627
Better than 0%
No. 16,554of 16,674
Better than 1%
All companies of type ApS66,508 companies in the comparison
No. 66,221of 66,379
Better than 0%
No. 65,907of 66,505
Better than 1%

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

Non-financial holding companies
Gross profit
  1. Code Iii ApS−DKK 6m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Code Iii ApS−DKK 6.7m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Code Iii ApS−DKK 6.6m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Code Iii ApS2
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • Code Ii ApS100%
Code Iii ApS

Management

1 active registrations

Executive management

Executive management at Code Iii ApS
NameRoleAppointed
Mathias Lyngbye VilladsenDirector11/12/2024
Founders
Code Ii ApS

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Vassingerødvej 147
3540 Lynge

Allerød Municipality · Postcode 3540

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
CODE III ApSVassingerødvej 147, 3540 Lynge21030922774

Purpose

Selskabets formål er at drive virksomhed med handel og investering, herunder i virksomheder og fast ejendom, samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

5 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changename 1
  • Name changed from NERC III ApS to CODE III ApS
20243 changesfounded 1 · management 1 · ownership 1
  • Registered as NERC III ApS
  • Mathias Lyngbye Villadsen appointed director
  • CODE II ApS registered as owner (100%)

Related companies

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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