CWI Denmark ApS

Private limited companyCVR 42839213ValbyActive

CWI Denmark ApS is a private limited company, based in Valby, active in other software publishing, founded in 2021. Net profit fell 73% from 2025 to 2026, ending at DKK 505k. With 13 employees, the company is about 3 times larger than the industry median. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2026

Gross profitDKK 10.4m−4.4% vs. 2025

Net profitDKK 505k−73.1% vs. 2025

EquityDKK 9m+6% vs. 2025

Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

Gross profit fell 4% (2025 → 2026), to DKK 10.4m.
Net profit fell 73% (2025 → 2026), to DKK 505k.
Equity rose 6% (2025 → 2026), to DKK 9m.

Employees

2 fewer employees than a year earlier: 13 (07/2026) against 15 (07/2025).

Management and owners, last 24 months

New in management: David Marquis (chair of the board, 30/06/2026), Christopher David Nagy (board member, 30/06/2026) and Brian Scott Kyle (chair of the board, 10/01/2025) (+2).
Stepped down: David Robert Osborne (chair of the board, 10/01/2025), Brian Scott Kyle (board member, 09/01/2025) and Brian Scott Kyle (chair of the board, 15/08/2025) (+2).

Registrations, last 24 months

01/08/2025: Moved to Paradisæblevej 4, 2500 Valby

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 2023–2026 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for CWI Denmark ApS
	2023	2024	2025	2026	Change
Revenue	not stated	not stated	not stated	not stated	–
Gross profit	10,077	13,850	10,895	10,416	−4.4%
Operating profit (EBIT)	−1,035	4,659	2,381	800	−66.4%
Profit before tax	−1,039	4,657	2,408	644	−73.3%
Net profit	−1,003	3,562	1,879	505	−73.1%
Total assets	33,327	36,467	42,095	38,633	−8.2%
Equity	3,037	6,599	8,478	8,982	+6%
Liabilities	30,290	29,607	33,200	29,128	−12.3%
Cash and cash equivalents	9,107	18,805	31,739	29,327	−7.6%
Average number of employees	11	12	11	13	+18.2%

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 2023, 2024, 2025, 2026: 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

Compare with the industry (499 companies)

Gross profitMedian, the industry (499 companies)

Annual reports

4 financial years

Annual reports for CWI Denmark ApS
Financial year	Period	Published	Figures for	Documents
2026	01/05/2025 – 30/04/2026	09/07/2026	The company	PDF not statedXBRL
2025	01/05/2024 – 30/04/2025	02/07/2025	The company	PDF not statedXBRL
2024	01/05/2023 – 30/04/2024	11/11/2024	The company	PDF XBRL
2023	15/11/2021 – 30/04/2023	09/11/2023	The company	PDF XBRL

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

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 10.4mNo. 133 of 494

Better than 73% of the companies in the industry

EquityDKK 9mNo. 107 of 499

Better than 79% of the companies in the industry

Number of employees13No. 116 of 499

Better than 77% of the companies in the industry

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

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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 4,498of 69,742 Better than 94%	No. 9,723of 69,964 Better than 86%
Same industry and fewer than 20 employees406 companies in the comparison	No. 54of 404 Better than 87%	No. 53of 406 Better than 87%
Companies that are founded within the last five years16,662 companies in the comparison	No. 920of 16,614 Better than 94%	No. 897of 16,661 Better than 95%
All companies of type ApS66,508 companies in the comparison	No. 5,793of 66,379 Better than 91%	No. 7,441of 66,505 Better than 89%

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

CWI Denmark ApSDKK 10.4m
Milestone Systems A/SDKK 2bn
Visma e-conomic A/SDKK 880.2m

Net profit

CWI Denmark ApSDKK 505k
Milestone Systems A/SDKK 183.4m
Visma e-conomic A/SDKK 456.2m

Equity

CWI Denmark ApSDKK 9m
Milestone Systems A/SDKK 1.7bn
Visma e-conomic A/SDKK 471.5m

Employees

CWI Denmark ApS13
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

Owners

CaseWare International Inc.100%

CWI Denmark ApS

Management

3 active registrations

Executive management

Executive management at CWI Denmark ApS
Name	Role	Appointed
Joost Sebastiaan Ekkelboom	Director	18/01/2024

Board of directors

Board of directors at CWI Denmark ApS
Name	Role	Appointed
David Marquis	Chair of the board	30/06/2026
Christopher David Nagy	Board member	30/06/2026

Auditor: AIDER Godkendt Revisionsaktieselskab
Founders: CaseWare International Inc.

Former management (7)

Former management at CWI Denmark ApS
Name	Role	Appointed	Resigned
David Robert Osborne	CEO	15/11/2021	01/02/2022
Celina Bach-Møller	CEO	01/02/2022	18/01/2024
David Robert Osborne	Chair of the board	01/02/2022	10/01/2025
Brian Scott Kyle	Board member	26/10/2022	09/01/2025
Brian Scott Kyle	Chair of the board	10/01/2025	15/08/2025
David Marquis	Board member	10/01/2025	29/06/2026
Christopher David Nagy	Chair of the board	18/08/2025	29/06/2026

Signing rule: Selskabet tegnes af et medlem af bestyrelsen og et medlem af direktionen i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Paradisæblevej 4
2500 Valby

København Municipality · Postcode 2500

Other companies at the address (8)

Duos A/SOperation of home help services
Duos Bpa A/STemporary employment agency activities and other staff provision
3M A/SOther specialised wholesale n.e.c.
DUOS Gruppen A/SInvestment on own account
Airtox Industries A/SWholesale of footwear

Production units
Production unit	Address	Industry	Employees	P number
CWI Denmark ApS	Sanderumvej 16, 5250 Odense SV	Other software publishing	11	1028084206
CWI Denmark ApS	Paradisæblevej 4, 2500 Valby	Other software publishing	2	1027732484

Purpose

Selskabets formål er, direkte eller indirekte, at drive virksomhed inden for udvikling, salg og licensering af software og anden i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

27 registered events

32021

72022

12023

32024

82025

52026

20265 changesaccounts 1 · management 4

09/07AccountsAnnual report for 2026 published
30/06ManagementChristopher David Nagy appointed board member
30/06ManagementDavid Marquis appointed chair of the board
29/06ManagementChristopher David Nagy stepped down as chair of the board
29/06ManagementDavid Marquis stepped down as board member

20258 changesmanagement 6 · address 1 · accounts 1

18/08ManagementChristopher David Nagy appointed chair of the board
15/08ManagementBrian Scott Kyle stepped down as chair of the board
01/08AddressMoved to Paradisæblevej 4, 2500 Valby
02/07AccountsAnnual report for 2025 published
10/01ManagementDavid Marquis appointed board member
10/01ManagementBrian Scott Kyle appointed chair of the board
10/01ManagementDavid Robert Osborne stepped down as chair of the board
09/01ManagementBrian Scott Kyle stepped down as board member

20243 changesaccounts 1 · management 2

11/11AccountsAnnual report for 2024 published
18/01ManagementJoost Sebastiaan Ekkelboom appointed director
18/01ManagementCelina Bach-Møller stepped down as ceo

20231 changeaccounts 1

09/11AccountsAnnual report for 2023 published

20227 changesmanagement 4 · address 2 · capital 1

26/10ManagementBrian Scott Kyle appointed board member
06/09AddressMoved to Ny Carlsberg Vej 80, 1799 København V
01/02AddressMoved to Kronprinsessegade 8, 1306 København K
01/02CapitalShare capital changed from 40,000 DKK to 50,000 DKK
01/02ManagementDavid Robert Osborne appointed chair of the board
01/02ManagementCelina Bach-Møller appointed ceo
01/02ManagementDavid Robert Osborne stepped down as ceo

20213 changesfounded 1 · management 1 · ownership 1

15/11FoundedRegistered as CWI Denmark ApS
15/11ManagementDavid Robert Osborne appointed ceo
15/11OwnershipCaseWare International Inc. registered as owner (100%)

Related companies

Same industry in København

Simcorp A/S634 employees
Visma e-conomic A/S456 employees
PowerMatch ApS333 employees
Sap Danmark A/S266 employees
Better Collective A/S152 employees
Planday A/S150 employees

See all →

Largest in the industry

See all →

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 CVR Report a correction