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Cryptomathic A/S

Public limited companyCVR 17089005Aarhus CActive

Cryptomathic A/S is a public limited company, based in Aarhus C, active in computer programming activities, founded in 1993. After a loss in 2024, the company made a profit of DKK 7.3m in 2025. With 59 employees, the company is about 15 times larger than the industry median. Equity grew to DKK 11m in 2025.

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Key figures · financial year 2025

Gross profitDKK 46.2m+32.5% vs. 2024
Net profitDKK 7.3m+142.4% vs. 2024
EquityDKK 11m+139.6% vs. 2024
Employees59latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 33% (2024 → 2025), to DKK 46.2m.
  • Net profit went from a loss of DKK 17.3m to a profit of DKK 7.3m (2024 → 2025).
  • Equity rose 140% (2024 → 2025), to DKK 11m.

Employees

  • 2 fewer employees than a year earlier: 59 (08/2026) against 61 (08/2025).

Management and owners, last 24 months

  • New in management: Jesper Clæsøe Celano (director, 01/02/2026).
  • Stepped down: Charlotte Møller Andersen (director, 31/12/2024) and Peter Andreas Kestner (board member, 16/02/2026).

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 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Cryptomathic A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit12,23339,60946,00151,82234,84946,179+32.5%
Operating profit (EBIT)2,1952,985−1,167−6,443−26,684−7,790+70.8%
Profit before tax14,0573,4681,520−1,326−23,7264,970+120.9%
Net profit13,6422,7491,769−8−17,2957,326+142.4%
Total assets44,64349,84660,00553,28873,715102,551+39.1%
Equity24,03228,21216,83214,1264,59511,010+139.6%
Liabilities20,61121,63443,17439,16269,12091,541+32.4%
Cash and cash equivalents8,6644911,2101,0085,2315,142−1.7%
Average number of employees505063697059−15.7%

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 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Annual reports

6 financial years
Annual reports for Cryptomathic A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202319/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202122/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202009/04/2021The 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
02040608009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 46.2mNo. 103 of 1,656
Better than 94% of the companies in the industry
EquityDKK 11mNo. 257 of 1,661
Better than 85% of the companies in the industry
Number of employees59No. 90 of 1,661
Better than 95% 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. 1,962of 4,412
Better than 56%
No. 2,794of 4,466
Better than 37%
Same industry and 50–199 employees99 companies in the comparison
No. 71of 99
Better than 29%
No. 76of 99
Better than 23%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,580of 10,152
Better than 84%
No. 4,546of 10,275
Better than 56%
All companies of type A/S18,025 companies in the comparison
No. 3,118of 17,786
Better than 82%
No. 8,377of 18,024
Better than 54%

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. Cryptomathic A/SDKK 46.2m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Cryptomathic A/SDKK 7.3m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Cryptomathic A/SDKK 11m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Cryptomathic A/S59
  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
Cryptomathic A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Cryptomathic A/S
NameRoleAppointed
Emil Kaae HansenDirector15/12/2019
Laurent Olivier LafargueCEO31/03/2023
Jesper Clæsøe CelanoDirector01/02/2026

Board of directors

Board of directors at Cryptomathic A/S
NameRoleAppointed
Jeroen Hubert LenssenBoard member23/06/2021
Peter LandrokBoard member22/06/2022
Karsten LangerChair of the board22/06/2022
Dan Erik ParksjöBoard member22/06/2022
Tammy Lynn SchuringBoard member21/02/2024
Founders
Pij af 1. April 1993 A/S
Former management (28)
Former management at Cryptomathic A/S
NameRoleAppointedResigned
Jørgen BrandtBoard member02/07/199330/09/2000
Ivan Bjerre DamgårdBoard member02/07/199330/09/2000
Jens Peter Due OlsenBoard member30/09/200010/07/2018
Kenn Herskind JørgensenBoard member30/09/200031/12/2002
Mads Bryde AndersenBoard member11/04/200131/12/2002
Jesper ScharffCEO11/04/200131/12/2001
Peter LandrokChair of the board11/04/200121/06/2022
Peter LandrokDirector11/04/200111/04/2001
Matthias AdamsBoard member04/07/200131/12/2002
Claus Bo MikkelsenCEO01/06/200216/03/2004
Wolf-Rüdiger MoritzBoard member01/01/200320/04/2015
Flemming Lauridsen JensenBoard member02/01/200310/12/2004
Henrik Pilegaard SørensenCEO17/03/200431/10/2006
Steen Hundevad KnudsenBoard member10/12/200410/02/2005
Mads LandrokBoard member30/06/200523/06/2021
Torben Pryds PedersenCEO31/10/200631/03/2019
Morten Kanstad LandrokDeputy board member29/05/201207/06/2017
Wolf-Rüdiger Horst MoritzBoard member26/05/201516/04/2020
Charlotte Møller AndersenDirector01/11/201631/03/2019
Morten Kanstad LandrokBoard member08/06/201723/06/2021
Torben Pryds PedersenDirector01/04/201915/12/2019
Charlotte Møller AndersenCEO01/04/201930/03/2023
Karsten LangerBoard member23/06/202121/06/2022
Michael WeberBoard member23/06/202122/06/2022
Richard Lee RobinsonBoard member23/06/202124/11/2021
Charlotte Møller AndersenDirector31/03/202331/12/2024
Marc Oliver StöckliBoard member21/02/202429/05/2024
Peter Andreas KestnerBoard member29/05/202416/02/2026

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

Address and production units

1 active production units

Åboulevarden 22
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
CRYPTOMATHIC A/SÅboulevarden 22, 2, 8000 Aarhus C591001219898

Purpose

Selskabets formål er at udvikle og sælge nye programmer og systemer indenfor datakommunikation med særligt henblik på datasikkerhed.

The purpose is quoted from the register in Danish.

Changes year by year

89 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Peter Andreas Kestner stepped down as board member
  • Jesper Clæsøe Celano appointed director
20251 changeaccounts 1
  • Annual report for 2024 published
202410 changesmanagement 5 · accounts 1 · capital 1 · ownership 2 · merger 1
  • Charlotte Møller Andersen stepped down as director
  • Annual report for 2023 published
  • Peter Andreas Kestner appointed board member
  • Marc Oliver Stöckli stepped down as board member
  • Share capital changed from 772,224 DKK to 800,000 DKK
  • Tammy Lynn Schuring appointed board member
  • Marc Oliver Stöckli appointed board member
  • REF IVV BidCo ApS registered as owner (100%)
  • CRYPTOMATHIC HOLDING ApS is no longer registered as owner
  • Merger registered in CVR
20234 changesaccounts 1 · management 3
  • Annual report for 2022 published
  • Charlotte Møller Andersen appointed director
  • Laurent Olivier Lafargue appointed ceo
  • Charlotte Møller Andersen stepped down as ceo
20227 changesmanagement 6 · accounts 1
  • Peter Landrok appointed board member
  • Karsten Langer appointed chair of the board
  • Dan Erik Parksjö appointed board member
  • Michael Weber stepped down as board member
  • Annual report for 2021 published
  • Karsten Langer stepped down as board member
  • Peter Landrok stepped down as chair of the board
20219 changesmanagement 7 · accounts 1 · address 1
  • Richard Lee Robinson stepped down as board member
  • Michael Weber appointed board member
  • Jeroen Hubert Lenssen appointed board member
  • Karsten Langer appointed board member
  • Richard Lee Robinson appointed board member
  • Morten Kanstad Landrok stepped down as board member
  • Mads Landrok stepped down as board member
  • Annual report for 2020 published
  • Moved to Åboulevarden 22, 2, 8000 Aarhus C
20201 changemanagement 1
  • Wolf-Rüdiger Horst Moritz stepped down as board member
20197 changesmanagement 6 · address 1
  • Emil Kaae Hansen appointed director
  • Torben Pryds Pedersen stepped down as director
  • Moved to Jægergårdsgade 118, 8000 Aarhus C
  • Torben Pryds Pedersen appointed director
  • Charlotte Møller Andersen appointed ceo
  • Charlotte Møller Andersen stepped down as director
  • Torben Pryds Pedersen stepped down as ceo
20182 changesaddress 1 · management 1
  • Moved to Jægergårdsgade 118, 8000 Aarhus C
  • Jens Peter Due Olsen stepped down as board member
20174 changesownership 2 · management 2
  • CRYPTOMATHIC HOLDING ApS registered as owner (100%)
  • CRYPTOMATHIC HOLDING ApS is no longer registered as owner
  • Morten Kanstad Landrok appointed board member
  • Morten Kanstad Landrok stepped down as deputy board member
20161 changemanagement 1
  • Charlotte Møller Andersen appointed director
20152 changesmanagement 2
  • Wolf-Rüdiger Horst Moritz appointed board member
  • Wolf-Rüdiger Moritz stepped down as board member
20121 changemanagement 1
  • Morten Kanstad Landrok appointed deputy board member
20081 changeindustry 1
  • Industry changed to Computerprogrammering (620100)
20062 changesmanagement 2
  • Torben Pryds Pedersen appointed ceo
  • Henrik Pilegaard Sørensen stepped down as ceo
20052 changesmanagement 2
  • Mads Landrok appointed board member
  • Steen Hundevad Knudsen stepped down as board member
20044 changesmanagement 4
  • Steen Hundevad Knudsen appointed board member
  • Flemming Lauridsen Jensen stepped down as board member
  • Henrik Pilegaard Sørensen appointed ceo
  • Claus Bo Mikkelsen stepped down as ceo
20033 changesmanagement 2 · industry 1
  • Flemming Lauridsen Jensen appointed board member
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
  • Wolf-Rüdiger Moritz appointed board member
20025 changesmanagement 4 · ownership 1
  • Matthias Adams stepped down as board member
  • Mads Bryde Andersen stepped down as board member
  • Kenn Herskind Jørgensen stepped down as board member
  • Claus Bo Mikkelsen appointed ceo
  • CRYPTOMATHIC HOLDING ApS registered as owner (90%)
20019 changesmanagement 7 · address 1 · capital 1
  • Jesper Scharff stepped down as ceo
  • Moved to Jægergårdsgade 118, 8000 Aarhus C
  • Share capital changed from 617,778 DKK to 772,224 DKK
  • Matthias Adams appointed board member
  • Jesper Scharff appointed ceo
  • Peter Landrok appointed director
  • Peter Landrok stepped down as director
  • Peter Landrok appointed chair of the board
  • Mads Bryde Andersen appointed board member
20007 changescapital 2 · management 4 · address 1
  • Share capital changed from 513,333 DKK to 617,778 DKK
  • Kenn Herskind Jørgensen appointed board member
  • Jens Peter Due Olsen appointed board member
  • Ivan Bjerre Damgård stepped down as board member
  • Jørgen Brandt stepped down as board member
  • Moved to Kannikegade 14, 3, 8000 Århus C
  • Share capital changed from 500,000 DKK to 513,333 DKK
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19933 changesfounded 1 · management 2
  • Registered as CRYPTOMATHIC A/S
  • Ivan Bjerre Damgård appointed board member
  • Jørgen Brandt appointed board member

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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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