Culmas.io ApS
Private limited companyCVR 44705672HelsingørActive
Culmas.io ApS is a private limited company, based in Helsingør, active in other software publishing, founded in 2024. The company made a loss in both 2024 and 2025, most recently DKK 208k. The company is new and has been registered for 2 years. 4 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 30% (2024 → 2025), to DKK 810k.
- The loss got smaller: from DKK 269k to DKK 208k (2024 → 2025).
- Equity turned positive again: DKK 1.1m (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 2 (07/2026) against 3 (07/2025).
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 2024–2025 · amounts in DKK thousandEquity and net profit
| 2024 | 2025 | Change | |
|---|---|---|---|
| Revenue | not stated | not stated | – |
| Gross profit | 625 | 810 | +29.6% |
| Profit before tax | −356 | −280 | +21.4% |
| Net profit | −269 | −208 | +22.8% |
| Total assets | 708 | 1,320 | +86.3% |
| Equity | −219 | 1,073 | +589.3% |
| Liabilities | 901 | 153 | −83% |
| Cash and cash equivalents | 56 | 18 | −67.9% |
| Average number of employees | 3 | 3 | 0% |
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 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
Signals from the financial statements
calculated from the 2025 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
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
2 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 13/05/2026 | The company | PDF not statedXBRL |
| 2024 | 07/03/2024 – 31/12/2024 | 09/04/2025 | The company | PDFXBRL |
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 CVRPosition in the industry
499 companies in the databaseComparison with the other companies in other software publishing based on the latest financial year.
Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 48,333of 69,742 Better than 31% | No. 32,715of 69,964 Better than 53% |
| Same industry and fewer than 20 employees406 companies in the comparison | No. 267of 404 Better than 34% | No. 169of 406 Better than 59% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 10,172of 16,614 Better than 39% | No. 3,743of 16,661 Better than 78% |
| All companies of type ApS66,508 companies in the comparison | No. 46,518of 66,379 Better than 30% | No. 28,624of 66,505 Better than 57% |
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- Culmas.io ApSDKK 810k
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Culmas.io ApS−DKK 208k
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- Culmas.io ApSDKK 1.1m
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- Culmas.io ApS2
- Milestone Systems A/S531
- 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- PA Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thorkild Steen Andersen | Director | 07/03/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lennart Pagels | Chair of the board | 07/03/2024 |
| Thorkild Steen Andersen | Board member | 07/03/2024 |
| Stefan Pagels Christensen | Board member | 07/03/2024 |
- Founders
- PA Holding ApS
Signing rule: Virksomheden kan tegnes af direktøren alene eller af 2 bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsNordhavnsvej 1A
3000 Helsingør
Helsingør Municipality · Postcode 3000
Other companies at the address (4)
- Cuneo ApSActivities of call centres
- Helsingør Erhvervspark A/SRenting of commercial property
- Frits Frederiksen Invest A/s. HumlebækOther renting of housing
- Nesline Data ApSComputer consultancy and computer facilities management
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Culmas.io ApS | Nordhavnsvej 1A, 3000 Helsingør | 2 | 1030191281 |
Purpose
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
The purpose is quoted from the register in Danish.
Changes year by year
9 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20247 changesaddress 1 · founded 1 · management 4 · ownership 1
- AddressMoved to Nordhavnsvej 1A, 3000 Helsingør
- FoundedRegistered as Culmas.io ApS
- ManagementLennart Pagels appointed chair of the board
- ManagementThorkild Steen Andersen appointed director
- ManagementThorkild Steen Andersen appointed board member
- ManagementStefan Pagels Christensen appointed board member
- OwnershipPA Holding ApS registered as owner (100%)
Related companies
Same people in management
- Jt3 Klima A/Svia Thorkild Steen Andersen
- Gisselbæk A/Svia Thorkild Steen Andersen
- E.k. Entreprise A/Svia Lennart Pagels
- Improv Comedy Copenhagen ApSvia Stefan Pagels Christensen
- Draupnir Investment Advisors A/Svia Lennart Pagels
- Draupnir Invest I P/Svia Lennart Pagels
Largest in the industry
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Google Denmark ApSDKK 382m
- Continia Software A/SDKK 309.6m
- Boyum IT Solutions A/SDKK 208.2m
- Capture One A/SDKK 164.4m
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.