Electricity Maps ApS

Private limited companyCVR 39101211København NActive

Electricity Maps ApS is a private limited company, based in København N, active in it infrastructure, data processing, hosting and related activities, founded in 2017. The company made a loss in both 2024 and 2025, most recently DKK 14.4m. With 19 employees, the company is about 4 times larger than the industry median. Equity fell to DKK 28.4m in 2025.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 6.1m−55.7% vs. 2024

Net profit−DKK 14.4m−1,259.7% vs. 2024

EquityDKK 28.4m−33.7% vs. 2024

Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 56% (2024 → 2025), to DKK 6.1m.
The loss grew: from DKK 1.1m to DKK 14.4m (2024 → 2025).
Equity fell 34% (2024 → 2025), to DKK 28.4m.

Employees

11 fewer employees than a year earlier: 19 (07/2026) against 30 (07/2025).

Registrations, last 24 months

02/07/2025: Moved to Bragesgade 8B, 2200 København N
01/01/2025: Industry changed to IT infrastructure, data processing, hosting and related activities (631000)

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

EquityNet profit

Financial figures for Electricity Maps ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	0	4,490	8,391	14,547	13,714	6,079	−55.7%
Operating profit (EBIT)	0	497	1,046	3,007	–	–	–
Profit before tax	0	189	1,046	2,742	−1,061	−14,430	−1,259.7%
Net profit	0	144	1,035	2,130	−1,061	−14,430	−1,259.7%
Total assets	5,122	8,146	11,593	13,430	47,446	34,825	−26.6%
Equity	208	3,445	4,481	6,611	42,833	28,404	−33.7%
Liabilities	4,914	4,701	7,111	6,818	4,612	6,422	+39.2%
Cash and cash equivalents	4,596	7,807	7,148	8,105	42,207	33,622	−20.3%
Average number of employees	–	–	–	18	22	27	+22.7%

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

Compare with the industry (214 companies)

Gross profitMedian, the industry (214 companies)

Signals from the financial statements

calculated from the 2025 figures

Loss 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.
Equity fell sharply
Equity fell 34% from 2024 to 2025 (DKK 42.8m to DKK 28.4m).
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 Electricity Maps ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	25/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	25/06/2025	The company	PDF not statedXBRL
2023	01/01/2023 – 31/12/2023	17/06/2024	The company	PDF not statedXBRL
2022	01/01/2022 – 31/12/2022	17/05/2023	The company	PDF not statedXBRL
2021	01/01/2021 – 31/12/2021	20/04/2022	The company	PDF not statedXBRL
2020	01/01/2020 – 31/12/2020	01/07/2021	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

214 companies in the database

Comparison with the other companies in it infrastructure, data processing, hosting and related activities based on the latest financial year.

Gross profitDKK 6.1mNo. 87 of 213

Better than 59% of the companies in the industry

EquityDKK 28.4mNo. 39 of 214

Better than 82% of the companies in the industry

Number of employees19No. 38 of 214

Better than 83% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 274k, equity DKK 1.9m, 5 employees.

Distribution of gross profit for 195 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. 10,512of 69,742 Better than 85%	No. 4,633of 69,964 Better than 93%
Same industry and fewer than 20 employees168 companies in the comparison	No. 46of 168 Better than 73%	No. 13of 168 Better than 93%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 7,248of 33,588 Better than 78%	No. 1,803of 33,687 Better than 95%
All companies of type ApS66,508 companies in the comparison	No. 11,187of 66,379 Better than 83%	No. 3,292of 66,505 Better than 95%

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

IT infrastructure, data processing, hosting and related activities

Gross profit

Electricity Maps ApSDKK 6.1m
Cassin Networks ApSDKK 2bn
Dapsi International ApSDKK 1bn

Net profit

Electricity Maps ApS−DKK 14.4m
Cassin Networks ApSDKK 184.1m
Dapsi International ApSDKK 33.1m

Equity

Electricity Maps ApSDKK 28.4m
Cassin Networks ApSDKK 16.5bn
Dapsi International ApSDKK 4.5bn

Employees

Electricity Maps ApS19
Cassin Networks ApS64
Dapsi International ApS49

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

Olc Labs ApS50%
Revent Ventures I GmbH & Co KG10%
Transition Global I LP15%

Electricity Maps ApS

Management

4 active registrations

Executive management

Executive management at Electricity Maps ApS
Name	Role	Appointed
Olivier Corradi	Director	20/11/2017

Board of directors

Board of directors at Electricity Maps ApS
Name	Role	Appointed
Olivier Corradi	Chair of the board	27/03/2024
Brian Valbjørn Sørensen	Board member	27/03/2024
Clara Ricard	Board member	27/03/2024

Auditor: KPMG P/S
Founders: Olc Labs ApS, Bruno Lajoie Holding IVS

Former management (3)

Former management at Electricity Maps ApS
Name	Role	Appointed	Resigned
Bruno Lajoie	Director	20/11/2017	28/03/2019
Olivier Baumann	Director	13/02/2019	16/03/2020
Maya Josephine Mileck	Director	06/04/2022	28/06/2023

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

Address and production units

1 active production units

Bragesgade 8B
2200 København N

København Municipality · Postcode 2200

Production units
Production unit	Address	Industry	Employees	P number
Electricity Maps ApS	Bragesgade 8B, 2200 København N	IT infrastructure, data processing, hosting and related activities	19	1023044613

Purpose

Selskabets formål er at bruge data og lave software til at transformere samfundet til at blive mere bæredygtigt

The purpose is quoted from the register in Danish.

Changes year by year

48 registered events

52017

12018

92019

82020

72021

62022

22023

62024

32025

12026

20261 changeaccounts 1

25/06AccountsAnnual report for 2025 published

20253 changesaddress 1 · accounts 1 · industry 1

02/07AddressMoved to Bragesgade 8B, 2200 København N
25/06AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to IT infrastructure, data processing, hosting and related activities (631000)

20246 changesaccounts 1 · capital 1 · management 3 · ownership 1

17/06AccountsAnnual report for 2023 published
27/03CapitalShare capital changed from 62,864 DKK to 78,778 DKK
27/03ManagementBrian Valbjørn Sørensen appointed board member
27/03ManagementClara Ricard appointed board member
27/03ManagementOlivier Corradi appointed chair of the board
27/03OwnershipTransition Global I LP registered as owner (15%)

20232 changesmanagement 1 · accounts 1

28/06ManagementMaya Josephine Mileck stepped down as director
17/05AccountsAnnual report for 2022 published

20226 changesname 1 · address 2 · accounts 1 · capital 1 · management 1

04/11NameName changed from TMROW ApS to Electricity Maps ApS
08/09AddressMoved to Njalsgade 76, 2300 København S
10/06AddressMoved to Njalsgade 76, 2300 København S
20/04AccountsAnnual report for 2021 published
07/04CapitalShare capital changed from 62,104 DKK to 62,864 DKK
06/04ManagementMaya Josephine Mileck appointed director

20217 changescapital 2 · ownership 4 · accounts 1

31/07CapitalShare capital changed from 51,725 DKK to 62,104 DKK
31/07OwnershipRevent Ventures I GmbH & Co KG registered as owner (10%)
01/07AccountsAnnual report for 2020 published
06/05CapitalShare capital changed from 50,000 DKK to 51,725 DKK
06/05OwnershipOLC LABS ApS registered as owner (50%)
06/05OwnershipOlivier Baumann is no longer registered as owner
05/05OwnershipOLC LABS ApS is no longer registered as owner

20208 changesaddress 1 · ownership 6 · management 1

31/08AddressMoved to Emil Holms Kanal 14, 3, 2300 København S
30/04OwnershipOlivier Baumann registered as owner (5%)
30/04OwnershipOlivier Baumann Holding IVS is no longer registered as owner
16/03ManagementOlivier Baumann stepped down as director
16/03OwnershipOlivier Baumann Holding IVS registered as owner (5%)
16/03OwnershipOLC LABS ApS registered as owner (90%)
15/03OwnershipOlivier Baumann Holding IVS is no longer registered as owner
15/03OwnershipOLC LABS ApS is no longer registered as owner

20199 changesaddress 1 · name 1 · capital 1 · management 2 · ownership 4

16/09AddressMoved to Njalsgade 19D, 2, 2300 København S
02/04NameName changed from TMROW IVS to TMROW ApS
02/04CapitalShare capital changed from 1,000 DKK to 50,000 DKK
28/03ManagementBruno Lajoie stepped down as director
28/03OwnershipOlivier Baumann Holding IVS registered as owner (33.33%)
28/03OwnershipBruno Lajoie Holding IVS is no longer registered as owner
27/03OwnershipOlivier Baumann Holding IVS is no longer registered as owner
13/02ManagementOlivier Baumann appointed director
28/01OwnershipOlivier Baumann Holding IVS registered as owner (10%)

20181 changeaddress 1

12/12AddressMoved to Godthåbsvej 61B, 3. th, 2000 Frederiksberg

20175 changesfounded 1 · management 2 · ownership 2

20/11FoundedRegistered as TMROW IVS
20/11ManagementOlivier Corradi appointed director
20/11ManagementBruno Lajoie appointed director
20/11OwnershipOLC LABS ApS registered as owner (50%)
20/11OwnershipBruno Lajoie Holding IVS registered as owner (33.33%)

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Same industry in København

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Falck Digital Technology Denmark A/S134 employees
E-nettet A/S116 employees
Servicenow Denmark ApS70 employees

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Same people in management

Læderstræde 20 ApSvia Brian Valbjørn Sørensen

Largest in the industry

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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 CVR Report a correction