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Donkeyrepublic Holding A/S

Public limited companyCVR 35678263København VActive

Donkeyrepublic Holding A/S is a public limited company, based in København V, active in computer programming activities, founded in 2014. The company made a loss in both 2024 and 2025, most recently DKK 1m. Equity grew to DKK 211.5m in 2025. 10 people are registered in the company's management and ownership.

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Key figures · financial year 2025

RevenueDKK 9m−93.9% vs. 2024
Net profit−DKK 1m+89.6% vs. 2024
EquityDKK 211.5m+153.6% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 94% (2024 → 2025), to DKK 6.4m.
  • Revenue fell 94% (2024 → 2025), to DKK 9m.
  • The loss got smaller: from DKK 9.8m to DKK 1m (2024 → 2025).
  • Equity rose 154% (2024 → 2025), to DKK 211.5m.

Employees

  • 2 more employees than a year earlier: 5 (07/2026) against 3 (07/2025).

Management and owners, last 24 months

  • New in management: Thor Möger Pedersen (ceo, 03/06/2025), Signe Storgaard Sørensen (director, 01/11/2025) and Grace Rowena Roberts (board member, 02/02/2026) (+4).
  • Stepped down: Jens Kramer Mikkelsen (board member, 08/04/2026), Christian Dufft (director, 01/02/2026) and Marina Kolesnik (board member, 08/04/2026) (+4).
  • New owners registered: Danmarks Eksport- og Investeringsfond (15/11/2024), Investeringsforeningen Bankinvest (23/02/2026) and Nordic Compound Invest A/S (23/02/2026) (+2).
  • No longer registered as owner: Spintop Investment Partners III AB (23/02/2026), Danmarks Eksport- og Investeringsfond (14/11/2024) and Bladt Invest ApS (22/02/2026) (+2).

Registrations, last 24 months

  • 19/02/2026: Share capital changed from 2,801,020 DKK to 4,051,020 DKK
  • 18/11/2025: Share capital changed from 2,664,471 DKK to 2,801,020 DKK
  • 18/12/2024: Moved to Skelbækgade 4, 4. th, 1717 København V
  • 12/11/2024: Share capital changed from 2,423,700 DKK to 2,664,471 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 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Donkeyrepublic Holding A/S
202020212022202320242025Change
Revenue21,6495,0289,100115,199146,4988,987−93.9%
Gross profit7,5982,1131,81674,266104,7376,405−93.9%
Operating profit (EBIT)−23,864−3,067−5,400−11,581979−1,892−293.4%
Profit before tax−26,777−3,396−6,037−22,692−9,284−1,016+89.1%
Net profit−26,136−3,267−6,000−23,083−9,752−1,016+89.6%
Total assets49,04021,39923,600171,444169,960213,182+25.4%
Equity8,00012,6726,70057,15483,385211,501+153.6%
Liabilities41,0418,72716,812114,290–1,682–
Cash and cash equivalents7,53311,0925,05939,00132,681306−99.1%
Average number of employees60581081371630−100%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
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.

  • Fewer employees

    The number of employees fell 100% from 163 in 2024 to 0 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 Donkeyrepublic Holding A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/04/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202415/04/2025The groupPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202227/06/2023The groupPDF not statedXBRL
202101/01/2021 – 31/12/202117/06/2022The groupPDFXBRL
202001/01/2020 – 31/12/202023/04/2021The groupPDFXBRL

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
01234508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 6.4mNo. 532 of 1,656
Better than 68% of the companies in the industry
EquityDKK 211.5mNo. 18 of 1,661
Better than 99% of the companies in the industry
Number of employees5No. 1547 of 1,661
Better than 7% 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 fewer than 20 employees69,967 companies in the comparison
No. 9,811of 69,742
Better than 86%
No. 992of 69,964
Better than 99%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 269of 1,363
Better than 80%
No. 3of 1,365
Better than 100%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 6,897of 33,588
Better than 79%
No. 392of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 10,933of 17,786
Better than 39%
No. 1,386of 18,024
Better than 92%

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. Donkeyrepublic Holding A/SDKK 6.4m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Donkeyrepublic Holding A/S−DKK 1m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Donkeyrepublic Holding A/SDKK 211.5m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Donkeyrepublic Holding A/S5
  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
  • CDM Holding 2016 ApS10%
  • Danmarks Eksport- og Investeringsfond15%
  • Investeringsforeningen Bankinvest5%
  • Nordic Compound Invest A/S20%
  • Vorup Invest ApS10%
Donkeyrepublic Holding A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

9 active registrations

Executive management

Executive management at Donkeyrepublic Holding A/S
NameRoleAppointed
Thor Möger PedersenCEO03/06/2025
Signe Storgaard SørensenDirector01/11/2025

Board of directors

Board of directors at Donkeyrepublic Holding A/S
NameRoleAppointed
Caroline Søeborg Ahlefeldt-Laurvig-BilleChair of the board23/04/2019
Jesper Lilledal HolmgaardBoard member23/04/2019
Karl Erik WenngrenBoard member23/04/2019
Erdem OvacikBoard member24/10/2022
Grace Rowena RobertsBoard member02/02/2026
Jakob Alsted HaveBoard member08/04/2026
Lars KristensenBoard member08/07/2026
Founders
Rune Thorenfeldt Kokholm, Erdem Ovacik, Socialøkonomisk Cykelkompagni ApS
Former management (24)
Former management at Donkeyrepublic Holding A/S
NameRoleAppointedResigned
Rune Thorenfeldt KokholmCEO04/03/201401/08/2015
Erdem OvacikDirector04/03/201431/07/2015
Erdem OvacikCEO01/08/201505/09/2022
Rune Thorenfeldt KokholmDirector19/02/201612/02/2021
Erdem OvacikBoard member05/07/201625/09/2018
Jens Kjærby FrandsenBoard member05/07/201608/05/2018
Jesper Lilledal HolmgaardChair of the board05/07/201606/04/2017
Charles EhredtBoard member07/10/201623/04/2019
Claus MoseholmChair of the board07/04/201707/05/2018
Jesper Lilledal HolmgaardBoard member07/04/201707/05/2018
Claus MoseholmBoard member08/05/201819/09/2019
Jesper Lilledal HolmgaardChair of the board08/05/201822/04/2019
Sascha HausmannBoard member08/05/201806/09/2021
Jens Kramer MikkelsenBoard member25/09/201808/04/2026
Søren Grønborg ThorsenBoard member13/02/201913/01/2020
Henrik StarupBoard member13/01/202006/09/2021
Christian DufftDirector12/02/202101/02/2026
Marina KolesnikBoard member06/09/202108/04/2026
Laurent MercatBoard member06/09/202127/05/2024
Niels Henrik RasmussenCEO05/09/202203/06/2025
Marion Galan AlfonsoBoard member25/10/202227/05/2024
Aleksander Irené A LannoyBoard member27/05/202402/02/2026
Rolf Henrik BladtBoard member01/04/202507/04/2026
Jonas Wellner BechDirector01/06/202610/08/2026

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør eller et bestyrelsesmedlem, eller af tre bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Skelbækgade 4
1717 København V

København Municipality · Postcode 1717

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
DONKEYREPUBLIC HOLDING A/SSkelbækgade 4, 4. th, 1717 København V51019192802

Purpose

Selskabets formål er at drive virksomhed ved udlejning af cykler samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

161 registered events
202620 changesmanagement 10 · accounts 1 · ownership 8 · capital 1
  • Jonas Wellner Bech stepped down as director
  • Lars Kristensen appointed board member
  • Jonas Wellner Bech appointed director
  • Annual report for 2025 published
  • Jakob Alsted Have appointed board member
  • Marina Kolesnik stepped down as board member
  • Jens Kramer Mikkelsen stepped down as board member
  • Rolf Henrik Bladt stepped down as board member
  • VORUP INVEST ApS registered as owner (10%)
  • Bladt Invest ApS is no longer registered as owner
  • Bladt Invest ApS registered as owner (10%)
  • Nordic Compound Invest A/S registered as owner (20%)
  • INVESTERINGSFORENINGEN BANKINVEST registered as owner (5%)
  • Vækstfonden Growth K/S is no longer registered as owner
  • Spintop Investment Partners III AB is no longer registered as owner
  • Bladt Invest ApS is no longer registered as owner
  • Share capital changed from 2,801,020 DKK to 4,051,020 DKK
  • Grace Rowena Roberts appointed board member
  • Aleksander Irené A Lannoy stepped down as board member
  • Christian Dufft stepped down as director
20256 changescapital 1 · management 4 · accounts 1
  • Share capital changed from 2,664,471 DKK to 2,801,020 DKK
  • Signe Storgaard Sørensen appointed director
  • Thor Möger Pedersen appointed ceo
  • Niels Henrik Rasmussen stepped down as ceo
  • Annual report for 2024 published
  • Rolf Henrik Bladt appointed board member
202413 changesaddress 1 · ownership 6 · capital 2 · accounts 1 · management 3
  • Moved to Skelbækgade 4, 4. th, 1717 København V
  • Danmarks Eksport- og Investeringsfond registered as owner (15%)
  • Danmarks Eksport- og Investeringsfond is no longer registered as owner
  • Share capital changed from 2,423,700 DKK to 2,664,471 DKK
  • Annual report for 2023 published
  • Aleksander Irené A Lannoy appointed board member
  • Marion Galan Alfonso stepped down as board member
  • Laurent Mercat stepped down as board member
  • Bladt Invest ApS registered as owner (15%)
  • Vækstfonden Growth K/S registered as owner (5%)
  • Bladt Invest ApS is no longer registered as owner
  • Vækstfonden Growth K/S is no longer registered as owner
  • Share capital changed from 2,070,128 DKK to 2,423,700 DKK
202310 changesownership 7 · capital 2 · accounts 1
  • Bladt Invest ApS registered as owner (10%)
  • CDM Holding 2016 ApS registered as owner (10%)
  • Nordic Eye K/S is no longer registered as owner
  • CDM Holding 2016 ApS is no longer registered as owner
  • Share capital changed from 1,748,649 DKK to 2,070,128 DKK
  • Annual report for 2022 published
  • Danmarks Eksport- og Investeringsfond registered as owner (20%)
  • VÆKSTFONDEN is no longer registered as owner
  • Share capital changed from 1,546,514 DKK to 1,748,649 DKK
  • CDM Holding 2016 ApS registered as owner (5%)
20227 changesmanagement 4 · accounts 1 · address 1 · industry 1
  • Marion Galan Alfonso appointed board member
  • Erdem Ovacik appointed board member
  • Niels Henrik Rasmussen appointed ceo
  • Erdem Ovacik stepped down as ceo
  • Annual report for 2021 published
  • Moved to Skelbækgade 4, 4. th, 1717 København V
  • Industry changed to Computerprogrammering (620100)
202122 changesmanagement 6 · ownership 12 · capital 2 · accounts 1 · name 1
  • Laurent Mercat appointed board member
  • Marina Kolesnik appointed board member
  • Henrik Starup stepped down as board member
  • Sascha Hausmann stepped down as board member
  • VÆKSTFONDEN registered as owner (15%)
  • Spintop Investment Partners III AB registered as owner (5%)
  • Vækstfonden Growth K/S registered as owner (10%)
  • Nordic Eye K/S registered as owner (5%)
  • Howzat Growth SCSp is no longer registered as owner
  • Badem ApS is no longer registered as owner
  • Karma Inc. ApS is no longer registered as owner
  • RTK HOLDING ApS is no longer registered as owner
  • GOTHA FRANDSEN HOLDING ApS is no longer registered as owner
  • Nordic Eye K/S is no longer registered as owner
  • Spintop Investment Partners III AB is no longer registered as owner
  • VÆKSTFONDEN is no longer registered as owner
  • Share capital changed from 793,878 DKK to 1,546,514 DKK
  • Annual report for 2020 published
  • Name changed from DONKEYREPUBLIC HOLDING ApS to DONKEYREPUBLIC HOLDING A/S
  • Share capital changed from 298,166 DKK to 793,878 DKK
  • Christian Dufft appointed director
  • Rune Thorenfeldt Kokholm stepped down as director
20207 changesownership 4 · capital 1 · management 2
  • Howzat Growth SCSp registered as owner (5%)
  • Share capital changed from 244,677 DKK to 298,166 DKK
  • Nordic Eye K/S registered as owner (10%)
  • Spintop Investment Partners III AB registered as owner (10%)
  • Nordic Eye K/S is no longer registered as owner
  • Henrik Starup appointed board member
  • Søren Grønborg Thorsen stepped down as board member
201919 changesmanagement 7 · address 1 · capital 2 · ownership 9
  • Claus Moseholm stepped down as board member
  • Moved to Christian IX's Gade 7, 5, 1111 København K
  • Share capital changed from 202,775 DKK to 244,677 DKK
  • Karl Erik Wenngren appointed board member
  • Jesper Lilledal Holmgaard appointed board member
  • Caroline Søeborg Ahlefeldt-Laurvig-Bille appointed chair of the board
  • Charles Ehredt stepped down as board member
  • Jesper Lilledal Holmgaard stepped down as chair of the board
  • Share capital changed from 158,867 DKK to 202,775 DKK
  • Søren Grønborg Thorsen appointed board member
  • Nordic Eye K/S registered as owner (15%)
  • Badem ApS registered as owner (5%)
  • Karma Inc. ApS registered as owner (5%)
  • RTK HOLDING ApS registered as owner (5%)
  • Badem ApS is no longer registered as owner
  • Karma Inc. ApS is no longer registered as owner
  • RTK HOLDING ApS is no longer registered as owner
  • VÆKSTFONDEN registered as owner (33.33%)
  • VÆKSTFONDEN is no longer registered as owner
201812 changesmanagement 8 · name 1 · capital 1 · address 1 · industry 1
  • Jens Kramer Mikkelsen appointed board member
  • Erdem Ovacik stepped down as board member
  • Name changed from DONKEYREPUBLIC ApS to DONKEYREPUBLIC HOLDING ApS
  • Share capital changed from 125,287 DKK to 158,867 DKK
  • Moved to Njalsgade 21E, 5, 2300 København S
  • Industry changed to Renting and leasing of recreational and sports goods (772100)
  • Claus Moseholm appointed board member
  • Sascha Hausmann appointed board member
  • Jesper Lilledal Holmgaard appointed chair of the board
  • Jens Kjærby Frandsen stepped down as board member
  • Jesper Lilledal Holmgaard stepped down as board member
  • Claus Moseholm stepped down as chair of the board
20176 changescapital 1 · ownership 2 · management 3
  • Share capital changed from 114,030 DKK to 125,287 DKK
  • VÆKSTFONDEN registered as owner (25%)
  • VÆKSTFONDEN is no longer registered as owner
  • Jesper Lilledal Holmgaard appointed board member
  • Claus Moseholm appointed chair of the board
  • Jesper Lilledal Holmgaard stepped down as chair of the board
201624 changescapital 2 · ownership 15 · management 5 · address 1 · name 1
  • Share capital changed from 102,840 DKK to 114,030 DKK
  • Badem ApS registered as owner (15%)
  • VÆKSTFONDEN registered as owner (15%)
  • VÆKSTFONDEN is no longer registered as owner
  • Badem ApS is no longer registered as owner
  • Charles Ehredt appointed board member
  • Moved to Njalsgade 23C, 3. th, 2300 København S
  • GOTHA FRANDSEN HOLDING ApS registered as owner (5%)
  • GOTHA FRANDSEN HOLDING ApS is no longer registered as owner
  • Name changed from DONKEYREPUBLIC IVS to DONKEYREPUBLIC ApS
  • Share capital changed from 4,000 DKK to 102,840 DKK
  • Erdem Ovacik appointed board member
  • Jesper Lilledal Holmgaard appointed chair of the board
  • Jens Kjærby Frandsen appointed board member
  • VÆKSTFONDEN registered as owner (10%)
  • Badem ApS registered as owner (20%)
  • Karma Inc. ApS registered as owner (15%)
  • RTK HOLDING ApS registered as owner (15%)
  • GOTHA FRANDSEN HOLDING ApS registered as owner (15%)
  • RTK HOLDING ApS is no longer registered as owner
  • Badem ApS is no longer registered as owner
  • Karma Inc. ApS is no longer registered as owner
  • GOTHA FRANDSEN HOLDING ApS is no longer registered as owner
  • Rune Thorenfeldt Kokholm appointed director
201510 changesmanagement 3 · ownership 4 · name 1 · address 1 · capital 1
  • Erdem Ovacik appointed ceo
  • Rune Thorenfeldt Kokholm stepped down as ceo
  • Erdem Ovacik stepped down as director
  • RTK HOLDING ApS registered as owner (20%)
  • Badem ApS registered as owner (25%)
  • Karma Inc. ApS registered as owner (20%)
  • GOTHA FRANDSEN HOLDING ApS registered as owner (20%)
  • Name changed from DONKEYREPUBLIK IVS to DONKEYREPUBLIC IVS
  • Moved to Vermundsgade 13-15, 2100 København Ø
  • Share capital changed from 3 DKK to 4,000 DKK
20145 changesindustry 1 · status 1 · founded 1 · management 2
  • Industry changed to Manufacture of other electrical equipment (279000)
  • Status changed to active
  • Registered as DONKEYREPUBLIK IVS
  • Rune Thorenfeldt Kokholm appointed ceo
  • Erdem Ovacik appointed director

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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