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Elsevier A/S

Public limited companyCVR 26835526Aalborg ØstActive

Elsevier A/S is a public limited company, based in Aalborg Øst, active in computer programming activities, founded in 2002. Net profit rose 20% from 2024 to 2025, ending at DKK 48.6m. Profit has grown three years in a row. Operations are spread over 3 production units.

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Key figures · financial year 2025

Gross profitDKK 161.4m+16.4% vs. 2024
Net profitDKK 48.6m+20.1% vs. 2024
EquityDKK 136.6m+55.3% vs. 2024
Employees93latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 161.4m.
  • Net profit rose 20% (2024 → 2025), to DKK 48.6m.
  • Equity rose 55% (2024 → 2025), to DKK 136.6m.

Employees

  • 2 more employees than a year earlier: 93 (08/2026) against 91 (08/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140m202020212022202320242025
EquityNet profit
Financial figures for Elsevier A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit62,64260,29978,860131,510138,646161,433+16.4%
Operating profit (EBIT)9,514−3,2497,02442,68644,91162,543+39.3%
Profit before tax9,444−1,8286,38940,35849,31162,921+27.6%
Net profit6,5074275,09827,98340,49648,628+20.1%
Total assets133,966136,454163,941214,657193,846285,714+47.4%
Equity73,98874,41579,513107,49687,992136,620+55.3%
Liabilities56,45958,92479,90794,26392,718133,642+44.1%
Cash and cash equivalents36031149592665526−20.9%
Average number of employees727176899192+1.1%

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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

6 financial years
Annual reports for Elsevier A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202422/09/2025The companyPDFXBRL
202301/01/2023 – 31/12/202305/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/06/2021The 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
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 161.4mNo. 28 of 1,656
Better than 98% of the companies in the industry
EquityDKK 136.6mNo. 31 of 1,661
Better than 98% of the companies in the industry
Number of employees93No. 59 of 1,661
Better than 97% 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 50–199 employees4,467 companies in the comparison
No. 267of 4,412
Better than 94%
No. 503of 4,466
Better than 89%
Same industry and 50–199 employees99 companies in the comparison
No. 16of 99
Better than 85%
No. 11of 99
Better than 90%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 429of 24,791
Better than 98%
No. 1,059of 24,909
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 992of 17,786
Better than 94%
No. 1,854of 18,024
Better than 90%

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. Elsevier A/SDKK 161.4m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Elsevier A/SDKK 48.6m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Elsevier A/SDKK 136.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Elsevier A/S93
  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
  • Elsevier B.V.100%
Elsevier A/S

Management

6 active registrations

Executive management

Executive management at Elsevier A/S
NameRoleAppointed
Joris Rogier Adriaan VlugCEO06/06/2014
Sandra Skærup Højlund Kragh-HansenDirector22/02/2017
Lars Bo SpringDirector21/11/2022

Board of directors

Board of directors at Elsevier A/S
NameRoleAppointed
Olivier Georges Alexis DumonChair of the board22/02/2017
Patrick CrisfullaBoard member20/08/2019
Paolo GarroneBoard member31/03/2023
Founders
Kim Thrysøe, Bo Finnerup Madsen, Thomas Lykkeberg Jørgensen
Former management (14)
Former management at Elsevier A/S
NameRoleAppointedResigned
Kim ThrysøeBoard member21/10/200202/08/2012
Thomas Lykkeberg JørgensenBoard member21/10/200222/02/2017
Thomas Lykkeberg JørgensenDirector21/10/200201/01/2017
Bo Finnerup MadsenChair of the board22/04/200402/08/2012
David LomasChair of the board02/08/201221/01/2014
Niels WeertmanCEO02/08/201201/05/2014
Nicolas David FowlerBoard member02/08/201222/02/2017
Robert Kenneth Campbell MunroChair of the board21/01/201430/09/2014
Simon Marshall ThompsonChair of the board12/05/201522/02/2017
Laura Claire CrespiBoard member22/02/201720/08/2019
Jan Christoffel HeynekeBoard member22/02/201720/08/2019
Jan Christoffel HeynekeDirector22/02/201720/08/2019
Josine McLeanBoard member20/08/201931/03/2023
Lars Bo SpringBoard member21/11/202221/11/2022

Signing rule: Selskabet tegnes af en direktør alene, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse

Address and production units

3 active production units

Niels Jernes Vej 10
9220 Aalborg Øst

Aalborg Municipality · Postcode 9220

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Elsevier A/SAlfred Nobels Vej 21C, 1, 9220 Aalborg Øst931028729932
Elsevier A/SNiels Jernes Vej 10, 9220 Aalborg Øst811009395721
Elsevier A/S, BillundHønseringen 11, 7190 Billund11022309974

Purpose

Selskabets formål er at levere IT-konsulentydelser, primært med fokus på integrationsopgaver, samt al virksomhed, som efter bestyrelsens skøn er beslægtet dermed.

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Paolo Garrone appointed board member
  • Josine McLean stepped down as board member
20224 changesmanagement 3 · accounts 1
  • Lars Bo Spring appointed director
  • Lars Bo Spring appointed board member
  • Lars Bo Spring stepped down as board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20195 changesmanagement 5
  • Josine McLean appointed board member
  • Patrick Crisfulla appointed board member
  • Jan Christoffel Heyneke stepped down as board member
  • Laura Claire Crespi stepped down as board member
  • Jan Christoffel Heyneke stepped down as director
201710 changesname 1 · management 9
  • Name changed from ATIRA A/S to Elsevier A/S
  • Jan Christoffel Heyneke appointed board member
  • Laura Claire Crespi appointed board member
  • Jan Christoffel Heyneke appointed director
  • Sandra Skærup Højlund Kragh-Hansen appointed director
  • Olivier Georges Alexis Dumon appointed chair of the board
  • Simon Marshall Thompson stepped down as chair of the board
  • Nicolas David Fowler stepped down as board member
  • Thomas Lykkeberg Jørgensen stepped down as board member
  • Thomas Lykkeberg Jørgensen stepped down as director
20153 changesownership 2 · management 1
  • Elsevier B.V. registered as owner (100%)
  • REED ELSEVIER DENMARK ApS is no longer registered as owner
  • Simon Marshall Thompson appointed chair of the board
20145 changesmanagement 5
  • Robert Kenneth Campbell Munro stepped down as chair of the board
  • Joris Rogier Adriaan Vlug appointed ceo
  • Niels Weertman stepped down as ceo
  • Robert Kenneth Campbell Munro appointed chair of the board
  • David Lomas stepped down as chair of the board
20126 changesmanagement 5 · ownership 1
  • David Lomas appointed chair of the board
  • Niels Weertman appointed ceo
  • Nicolas David Fowler appointed board member
  • Bo Finnerup Madsen stepped down as chair of the board
  • Kim Thrysøe stepped down as board member
  • REED ELSEVIER DENMARK ApS registered as owner (100%)
20081 changeindustry 1
  • Industry changed to Computerprogrammering (620100)
20051 changecapital 1
  • Share capital changed from 500,000 DKK to 526,315 DKK
20043 changesname 1 · capital 1 · management 1
  • Name changed from ATIRA ApS to ATIRA A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Bo Finnerup Madsen appointed chair of the board
20031 changeindustry 1
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20024 changesfounded 1 · management 3
  • Registered as ATIRA ApS
  • Thomas Lykkeberg Jørgensen appointed board member
  • Thomas Lykkeberg Jørgensen appointed director
  • Kim Thrysøe appointed board member

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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.

View in CVRReport a correction