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Dual ApS

Private limited companyCVR 32309542København NActive

Dual ApS is a private limited company, based in København N, active in computer programming activities, founded in 2014. The company went from a profit in 2022 to a loss of DKK 23,479 in 2025. Equity fell to DKK 94,904 in 2025.

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Key figures · financial year 2025

Gross profitDKK 817k−37.7% vs. 2022
Net profit−DKK 23,479−122% vs. 2022
EquityDKK 94,904−58.7% vs. 2022
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Registrations, last 24 months

  • 09/09/2025: Moved to Sjællandsgade 51, 1, 2200 København N

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 2018–2025 · amounts in DKK thousand

Equity and net profit

−DKK 150k−DKK 100k−DKK 50,000DKK 0DKK 50,000DKK 100kDKK 150kDKK 200kDKK 250k201820192020202120222025
EquityNet profit
Financial figures for Dual ApS
201820192020202120222025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,3301,0568149211,311817−37.7%
Operating profit (EBIT)314−40−22380143−223−256.5%
Profit before tax3130−15376137−76−155.4%
Net profit2449−10459107−23−122%
Total assets421410246290380388+1.9%
Equity2541925912423095−58.7%
Liabilities166218188167150293+94.6%
Cash and cash equivalents87791041691669−94.7%
Average number of employees2222220%

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 2018, 2019, 2020, 2021, 2022, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2023, 2024 (changed financial year or not filed).

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

DKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m201820192020202120222025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 59% from 2022 to 2025 (DKK 230k to DKK 94,904).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive 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 Dual ApS
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202527/03/2026The companyPDF not statedXBRL
202201/10/2021 – 30/09/202226/02/2023The companyPDFXBRL
202101/10/2020 – 30/09/202103/02/2022The companyPDFXBRL
202001/10/2019 – 30/09/202009/02/2021The companyPDFXBRL
201901/10/2018 – 30/09/201927/11/2019The companyPDFXBRL
201801/10/2017 – 30/09/201809/11/2018The 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
0112209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 817kNo. 1215 of 1,656
Better than 27% of the companies in the industry
EquityDKK 94,904No. 1235 of 1,661
Better than 26% of the companies in the industry
Number of employees2No. 1027 of 1,661
Better than 38% 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. 48,203of 69,742
Better than 31%
No. 55,046of 69,964
Better than 21%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 937of 1,363
Better than 31%
No. 977of 1,365
Better than 28%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 24,898of 33,588
Better than 26%
No. 26,233of 33,687
Better than 22%
All companies of type ApS66,508 companies in the comparison
No. 46,395of 66,379
Better than 30%
No. 51,225of 66,505
Better than 23%

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. Dual ApSDKK 817k
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Dual ApS−DKK 23,479
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Dual ApSDKK 94,904
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Dual ApS2
  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
  • Michael Rasmussen50%
  • James David Pannell50%
Dual ApS

Management

2 active registrations

Executive management

Executive management at Dual ApS
NameRoleAppointed
Michael RasmussenDirector13/06/2014
James David PannellDirector13/06/2014
Founders
JD Pannell Holding IVS, MR Holding Company IVS

Signing rule: Selskabet tegnes af direktionen i forening.

Address and production units

1 active production units

Sjællandsgade 51
2200 København N

København Municipality · Postcode 2200

Production units
Production unitAddressEmployeesP number
DUAL ApSSjællandsgade 51, 1, 2200 København N21019471566

Purpose

Selskabets formål er digital design og udvikling og hermed efter ledelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

19 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaddress 1
  • Moved to Sjællandsgade 51, 1, 2200 København N
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20216 changesownership 4 · merger 1 · accounts 1
  • Michael Rasmussen registered as owner (50%)
  • James David Pannell registered as owner (50%)
  • JD PANNELL HOLDING IVS is no longer registered as owner
  • MR HOLDING COMPANY IVS is no longer registered as owner
  • Merger registered in CVR
  • Annual report for 2020 published
20191 changeaccounts 1
  • Annual report for 2019 published
20182 changesaccounts 1 · address 1
  • Annual report for 2018 published
  • Moved to Esromgade 15, 5, 2200 København N
20161 changeaddress 1
  • Moved to Kronprinsessegade 46E, 1306 København K
20145 changesfounded 1 · management 2 · ownership 2
  • Registered as DUAL ApS
  • Michael Rasmussen appointed director
  • James David Pannell appointed director
  • JD PANNELL HOLDING IVS registered as owner (50%)
  • MR HOLDING COMPANY IVS registered as owner (50%)

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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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