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Cordulus A/S

Public limited companyCVR 36393025Aarhus NActive

Cordulus A/S is a public limited company, based in Aarhus N, active in computer programming activities, founded in 2014. The company made a loss in both 2024 and 2025, most recently DKK 9.8m. With 26 employees, the company is about 7 times larger than the industry median. Equity grew to DKK 18.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 10.7m+50.1% vs. 2024
Net profit−DKK 9.8m+22.3% vs. 2024
EquityDKK 18.2m+88.6% vs. 2024
Employees26latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 50% (2024 → 2025), to DKK 10.7m.
  • The loss got smaller: from DKK 12.6m to DKK 9.8m (2024 → 2025).
  • Equity rose 89% (2024 → 2025), to DKK 18.2m.

Employees

  • 1 more employees than a year earlier: 26 (07/2026) against 25 (07/2025).

Management and owners, last 24 months

  • New in management: Mathias Brink Lorenz (board member, 15/12/2025), John Kristian Mejer Smedegaard (board member, 15/12/2025) and Rasmus Ruskjær Romme (board member, 15/12/2025).
  • Stepped down: Knud Bo Rønn (board member, 15/12/2025) and Martin Møller (board member, 15/12/2025).
  • New owners registered: Danish Agro A.m.b.a. (31/10/2024), Pajbjergfonden (15/12/2025) and Mejer Smedegaard Holding APS (15/12/2025) (+4).
  • No longer registered as owner: Pajbjergfonden (30/10/2024), Cordulus A/S (15/12/2025) and Danish Agro A.m.b.a. (30/10/2024) (+4).

Registrations, last 24 months

  • 15/12/2025: Share capital changed from 800,870 DKK to 958,953 DKK
  • 31/10/2024: Share capital changed from 660,847 DKK to 800,870 DKK

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 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Cordulus A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,3505,7524,6385,3387,13710,716+50.1%
Operating profit (EBIT)−1,521−3,672−10,029−12,664−11,445−8,880+22.4%
Profit before tax−1,678−3,842−10,063−12,951−12,662−9,770+22.8%
Net profit−1,079−2,648−9,843−12,888−12,570−9,770+22.3%
Total assets12,30313,45028,33525,82924,71329,889+20.9%
Equity4,6031,95419,3246,4369,63118,161+88.6%
Liabilities7,22411,4969,01019,39315,08211,728−22.2%
Cash and cash equivalents9271,7286,7644,5691,4169,326+558.5%
Average number of employees1314212225250%

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 10m202020212022202320242025
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 Cordulus A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202521/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202226/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/06/2021The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 10.7mNo. 380 of 1,656
Better than 77% of the companies in the industry
EquityDKK 18.2mNo. 181 of 1,661
Better than 89% of the companies in the industry
Number of employees26No. 219 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. 5,511of 9,892
Better than 44%
No. 1,913of 9,922
Better than 81%
Same industry and 20–49 employees183 companies in the comparison
No. 151of 182
Better than 17%
No. 47of 183
Better than 75%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 4,052of 33,588
Better than 88%
No. 2,473of 33,687
Better than 93%
All companies of type A/S18,025 companies in the comparison
No. 8,666of 17,786
Better than 51%
No. 6,520of 18,024
Better than 64%

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. Cordulus A/SDKK 10.7m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Cordulus A/S−DKK 9.8m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Cordulus A/SDKK 18.2m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Cordulus A/S26
  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
Cordulus A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Cordulus A/S
NameRoleAppointed
John Kristian Mejer SmedegaardDirector13/10/2014

Board of directors

Board of directors at Cordulus A/S
NameRoleAppointed
Ole Lykke PetersenBoard member19/12/2017
Henning HaahrChair of the board10/06/2022
Mathias Brink LorenzBoard member15/12/2025
John Kristian Mejer SmedegaardBoard member15/12/2025
Rasmus Ruskjær RommeBoard member15/12/2025
Founders
Vilsgaard Advokater Advokatanpartsselskab
Former management (10)
Former management at Cordulus A/S
NameRoleAppointedResigned
Bo VilsgaardDirector25/09/201413/10/2014
Mikkel KringelbachDirector13/10/201407/09/2015
Brian Bitsch FrølundDirector13/10/201407/09/2015
Manuel Rafael CiosiciDirector13/10/201405/12/2014
Finn Dueholm StøyChair of the board21/12/201627/05/2021
Bo WaseBoard member21/12/201607/06/2021
Martin Kjeld PedersenBoard member21/12/201627/05/2021
Knud Bo RønnBoard member25/04/201815/12/2025
Bo WaseChair of the board08/06/202110/06/2022
Martin MøllerBoard member10/06/202215/12/2025

Signing rule: Selskabet tegnes af en direktør i forening med formanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Agro Food Park 13
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Cordulus A/SAgro Food Park 13, 8200 Aarhus N261019758768

Purpose

Selskabets formål er at udvikle software samt enhver beslægtet aktivitet efter bestyrelsens skøn og nærmere beslutning.

The purpose is quoted from the register in Danish.

Changes year by year

109 registered events
20265 changesaccounts 1 · ownership 4
  • Annual report for 2025 published
  • Delphinus Venture Capital K/S registered as owner (10%)
  • Cordulus A/S registered as owner (5%)
  • Kaiju Holding ApS is no longer registered as owner
  • Delphinus Venture Capital K/S is no longer registered as owner
202513 changescapital 1 · management 5 · ownership 6 · accounts 1
  • Share capital changed from 800,870 DKK to 958,953 DKK
  • Rasmus Ruskjær Romme appointed board member
  • John Kristian Mejer Smedegaard appointed board member
  • Mathias Brink Lorenz appointed board member
  • Martin Møller stepped down as board member
  • Knud Bo Rønn stepped down as board member
  • Mejer Smedegaard Holding APS registered as owner (5%)
  • Delphinus Venture Capital K/S registered as owner (5%)
  • PAJBJERGFONDEN registered as owner (10%)
  • Cordulus A/S is no longer registered as owner
  • PAJBJERGFONDEN is no longer registered as owner
  • Mejer Smedegaard Holding APS is no longer registered as owner
  • Annual report for 2024 published
20246 changescapital 1 · ownership 4 · accounts 1
  • Share capital changed from 660,847 DKK to 800,870 DKK
  • PAJBJERGFONDEN registered as owner (15%)
  • DANISH AGRO A.M.B.A. registered as owner (25%)
  • DANISH AGRO A.M.B.A. is no longer registered as owner
  • PAJBJERGFONDEN is no longer registered as owner
  • Annual report for 2023 published
20232 changesaccounts 1 · name 1
  • Annual report for 2022 published
  • Name changed from FieldSense A/S to Cordulus A/S
202219 changescapital 2 · management 3 · accounts 1 · ownership 13
  • Share capital changed from 634,414 DKK to 660,847 DKK
  • Martin Møller appointed board member
  • Henning Haahr appointed chair of the board
  • Bo Wase stepped down as chair of the board
  • Annual report for 2021 published
  • Share capital changed from 513,670 DKK to 634,414 DKK
  • Mejer Smedegaard Holding APS registered as owner (10%)
  • DANISH AGRO A.M.B.A. registered as owner (15%)
  • Rockstart AgriFood I Coiiperatief U.A. registered as owner (5%)
  • Firm Holding ApS registered as owner (5%)
  • Cheff Holding ApS registered as owner (5%)
  • Cassini Holding ApS registered as owner (5%)
  • Kaiju Holding ApS registered as owner (5%)
  • DANISH AGRO A.M.B.A. is no longer registered as owner
  • Mejer Smedegaard Holding APS is no longer registered as owner
  • Cheff Holding ApS is no longer registered as owner
  • Kaiju Holding ApS is no longer registered as owner
  • Cassini Holding ApS is no longer registered as owner
  • Firm Holding ApS is no longer registered as owner
20216 changesaddress 1 · management 4 · accounts 1
  • Moved to Agro Food Park 13, 8200 Aarhus N
  • Bo Wase appointed chair of the board
  • Bo Wase stepped down as board member
  • Annual report for 2020 published
  • Martin Kjeld Pedersen stepped down as board member
  • Finn Dueholm Støy stepped down as chair of the board
20201 changecapital 1
  • Share capital changed from 500,000 DKK to 513,670 DKK
201810 changesaddress 1 · name 1 · capital 2 · management 1 · ownership 5
  • Moved to Agro Food Park 13, 8200 Aarhus N
  • Name changed from CEPTU ApS to FieldSense A/S
  • Share capital changed from 86,970 DKK to 500,000 DKK
  • Share capital changed from 77,068 DKK to 86,970 DKK
  • Knud Bo Rønn appointed board member
  • DANISH AGRO A.M.B.A. registered as owner (10%)
  • PAJBJERGFONDEN registered as owner (10%)
  • Cordulus A/S registered as owner (5%)
  • PAJBJERGFONDEN is no longer registered as owner
  • Cordulus A/S is no longer registered as owner
20175 changescapital 1 · management 1 · ownership 3
  • Share capital changed from 67,430 DKK to 77,068 DKK
  • Ole Lykke Petersen appointed board member
  • Mejer Smedegaard Holding APS registered as owner (15%)
  • PAJBJERGFONDEN registered as owner (5%)
  • Mejer Smedegaard Holding APS is no longer registered as owner
201624 changescapital 3 · management 3 · ownership 17 · name 1
  • Share capital changed from 58,159 DKK to 67,430 DKK
  • Bo Wase appointed board member
  • Martin Kjeld Pedersen appointed board member
  • Finn Dueholm Støy appointed chair of the board
  • Cheff Holding ApS registered as owner (10%)
  • Kaiju Holding ApS registered as owner (10%)
  • Cassini Holding ApS registered as owner (10%)
  • Mejer Smedegaard Holding APS registered as owner (20%)
  • Firm Holding ApS registered as owner (10%)
  • Cordulus A/S registered as owner (10%)
  • Mejer Smedegaard Holding APS is no longer registered as owner
  • Firm Holding ApS is no longer registered as owner
  • Cheff Holding ApS is no longer registered as owner
  • Kaiju Holding ApS is no longer registered as owner
  • Cassini Holding ApS is no longer registered as owner
  • Share capital changed from 50,000 DKK to 58,159 DKK
  • Mejer Smedegaard Holding APS registered as owner (25%)
  • Firm Holding ApS registered as owner (15%)
  • Cheff Holding ApS registered as owner (15%)
  • Kaiju Holding ApS registered as owner (15%)
  • Cassini Holding ApS registered as owner (15%)
  • Mejer Smedegaard Holding APS is no longer registered as owner
  • Name changed from CEPTU IVS to CEPTU ApS
  • Share capital changed from 11,149 DKK to 50,000 DKK
20155 changesaddress 2 · management 2 · industry 1
  • Moved to Åbogade 34, 8200 Aarhus N
  • Mikkel Kringelbach stepped down as director
  • Brian Bitsch Frølund stepped down as director
  • Industry changed to Computerprogrammering (620100)
  • Moved to Åbogade 34, 8200 Aarhus N
201413 changesaddress 2 · management 7 · name 1 · capital 1 · founded 1 · ownership 1
  • Moved to Åbogade 34, 8200 Aarhus N
  • Manuel Rafael Ciosici stepped down as director
  • Moved to Louisevej 48, 2. th, 8220 Brabrand
  • Name changed from VA2 IVS to CEPTU IVS
  • Share capital changed from 1 DKK to 11,149 DKK
  • John Kristian Mejer Smedegaard appointed director
  • Manuel Rafael Ciosici appointed director
  • Mikkel Kringelbach appointed director
  • Brian Bitsch Frølund appointed director
  • Bo Vilsgaard stepped down as director
  • Registered as VA2 IVS
  • Bo Vilsgaard appointed director
  • Mejer Smedegaard Holding APS registered as owner (100%)

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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.

View in CVRReport a correction