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Entrust Denmark A/S

Public limited companyCVR 21780340BrøndbyActive

Entrust Denmark A/S is a public limited company, based in Brøndby, active in computer programming activities, founded in 1999. With 16 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 91% of the companies in the industry in the database. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2026

Gross profitDKK 33.5m−6.3% vs. 2025
Net profitDKK 10.8m−3.4% vs. 2025
EquityDKK 11.3m−3.2% vs. 2025
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 6% (2025 → 2026), to DKK 33.5m.
  • Net profit fell 3% (2025 → 2026), to DKK 10.8m.
  • Equity fell 3% (2025 → 2026), to DKK 11.3m.

Employees

  • 1 more employees than a year earlier: 16 (08/2026) against 15 (08/2025).

Management and owners, last 24 months

  • New owners registered: Entrust Security UK Limited (01/01/2026).
  • No longer registered as owner: Entrust (Europe) Limited (01/01/2026).

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202120222023202420252026
EquityNet profit
Financial figures for Entrust Denmark A/S
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit60,99847,38337,77831,99835,73033,465−6.3%
Operating profit (EBIT)36,09723,50011,4476,37112,44912,472+0.2%
Profit before tax36,87824,86912,7428,28114,31113,888−3%
Net profit28,76319,3719,9326,46811,19210,817−3.4%
Total assets90,80274,75855,91048,06943,44839,973−8%
Equity30,76019,87110,4346,97011,69411,322−3.2%
Liabilities60,04254,88745,47641,09931,75328,651−9.8%
Cash and cash equivalents15,2007,43411,2967,4017,3887,959+7.7%
Average number of employees252423222015−25%

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 2021, 2022, 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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202120222023202420252026
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Fewer employees

    The number of employees fell 25% from 20 in 2025 to 15 in 2026.

    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.

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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 Entrust Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202629/09/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202530/09/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202427/09/2024The companyPDFXBRL
202301/04/2022 – 31/03/202306/09/2023The companyPDFXBRL
202201/04/2021 – 31/03/202229/09/2022The companyPDFXBRL
202101/04/2020 – 31/03/202102/09/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 33.5mNo. 149 of 1,656
Better than 91% of the companies in the industry
EquityDKK 11.3mNo. 255 of 1,661
Better than 85% of the companies in the industry
Number of employees16No. 329 of 1,661
Better than 80% 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. 765of 69,742
Better than 99%
No. 8,363of 69,964
Better than 88%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 10of 1,363
Better than 99%
No. 92of 1,365
Better than 93%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,134of 24,791
Better than 91%
No. 6,237of 24,909
Better than 75%
All companies of type A/S18,025 companies in the comparison
No. 4,047of 17,786
Better than 77%
No. 8,249of 18,024
Better than 54%

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. Entrust Denmark A/SDKK 33.5m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Entrust Denmark A/SDKK 10.8m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Entrust Denmark A/SDKK 11.3m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Entrust Denmark A/S16
  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
  • Entrust Security UK Limited100%
Entrust Denmark A/S

Management

4 active registrations

Executive management

Executive management at Entrust Denmark A/S
NameRoleAppointed
Kurt Brian IshaugCEO29/06/2018

Board of directors

Board of directors at Entrust Denmark A/S
NameRoleAppointed
Kurt Brian IshaugBoard member29/06/2018
Lisa Jeanne TibbitsChair of the board29/06/2018
Joseph Brian Lee-GilliganBoard member20/09/2024
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
Peter Rodenberg Nielsen, Jakob Østergaard
Former management (17)
Former management at Entrust Denmark A/S
NameRoleAppointedResigned
Peter Rodenberg NielsenDirector27/06/199909/09/2001
Jakob ØstergaardDirector27/06/199901/03/2004
Claus RosendalDirector07/09/200101/03/2004
David HaldBoard member01/03/200404/03/2016
Jakob ØstergaardBoard member01/03/200404/03/2016
Michael TandrupBoard member24/01/200716/04/2013
Michael TandrupCEO01/05/200801/11/2009
David HaldDirector01/11/200901/08/2012
Claus Erland KotasekCEO01/08/201225/01/2016
Claus RosendalBoard member21/01/201504/03/2016
Mogens NielsenChair of the board21/01/201504/03/2016
Claus RosendalCEO25/01/201604/03/2016
Edward Onare MacnairChair of the board04/03/201629/06/2018
Craig ProbertBoard member04/03/201629/06/2018
Lisa Jane DavisBoard member04/03/201629/06/2018
Lisa Jane DavisCEO04/03/201629/06/2018
Xavier André J. CoemelckBoard member29/06/201812/01/2024

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

Address and production units

1 active production units

Park Allé 350D
2605 Brøndby

Brøndby Municipality · Postcode 2605

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
Entrust Denmark A/SPark Allé 350D, 2605 Brøndby161005199507

Purpose

Selskabets formål er at drive virksomhed med udvikling og salg af software.

The purpose is quoted from the register in Danish.

Changes year by year

66 registered events
20263 changesaccounts 1 · ownership 2
  • Annual report for 2026 published
  • Entrust Security UK Limited registered as owner (100%)
  • Entrust (Europe) Limited is no longer registered as owner
20251 changeaccounts 1
  • Annual report for 2025 published
20243 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Joseph Brian Lee-Gilligan appointed board member
  • Xavier André J. Coemelck stepped down as board member
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20212 changesaccounts 1 · name 1
  • Annual report for 2021 published
  • Name changed from Entrust Datacard Denmark A/S to Entrust Denmark A/S
20203 changesownership 2 · merger 1
  • Entrust (Europe) Limited registered as owner (100%)
  • Merger registered in CVR
  • MOUSQUETAIRES HOLDING ApS is no longer registered as owner
201810 changesaddress 1 · name 1 · management 8
  • Moved to Park Allé 350D, 2605 Brøndby
  • Name changed from CensorNet A/S to Entrust Datacard Denmark A/S
  • Lisa Jeanne Tibbits appointed chair of the board
  • Kurt Brian Ishaug appointed ceo
  • Kurt Brian Ishaug appointed board member
  • Xavier André J. Coemelck appointed board member
  • Edward Onare Macnair stepped down as chair of the board
  • Lisa Jane Davis stepped down as ceo
  • Lisa Jane Davis stepped down as board member
  • Craig Probert stepped down as board member
20171 changeaddress 1
  • Moved to Park Allé 350D, 2605 Brøndby
201613 changesname 1 · management 11 · address 1
  • Name changed from SMS PASSCODE A/S to CensorNet A/S
  • Edward Onare Macnair appointed chair of the board
  • Lisa Jane Davis appointed ceo
  • Lisa Jane Davis appointed board member
  • Craig Probert appointed board member
  • Claus Rosendal stepped down as ceo
  • Mogens Nielsen stepped down as chair of the board
  • Claus Rosendal stepped down as board member
  • Jakob Østergaard stepped down as board member
  • David Hald stepped down as board member
  • Moved to Park Allé 350D, 2605 Brøndby
  • Claus Rosendal appointed ceo
  • Claus Erland Kotasek stepped down as ceo
20152 changesmanagement 2
  • Mogens Nielsen appointed chair of the board
  • Claus Rosendal appointed board member
20131 changemanagement 1
  • Michael Tandrup stepped down as board member
20122 changesmanagement 2
  • Claus Erland Kotasek appointed ceo
  • David Hald stepped down as director
20094 changesindustry 1 · name 1 · management 2
  • Industry changed to Computerprogrammering (620100)
  • Name changed from CONECTO A/S to SMS PASSCODE A/S
  • David Hald appointed director
  • Michael Tandrup stepped down as ceo
20082 changesmanagement 1 · industry 1
  • Michael Tandrup appointed ceo
  • Industry changed to Konsulentbistand vedrørende informationsteknologi (620200)
20072 changesaddress 1 · management 1
  • Moved to Park Allé 350D, 2605 Brøndby
  • Michael Tandrup appointed board member
20047 changesownership 1 · name 1 · capital 1 · management 4
  • MOUSQUETAIRES HOLDING ApS registered as owner (100%)
  • Name changed from CONECTO ApS to CONECTO A/S
  • Share capital changed from 187,500 DKK to 500,000 DKK
  • Jakob Østergaard appointed board member
  • David Hald appointed board member
  • Claus Rosendal stepped down as director
  • Jakob Østergaard stepped down as director
20031 changeindustry 1
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20021 changeaddress 1
  • Moved to Kong Georgs Vej 39, 2000 Frederiksberg
20013 changesmanagement 2 · capital 1
  • Peter Rodenberg Nielsen stepped down as director
  • Share capital changed from 125,000 DKK to 187,500 DKK
  • Claus Rosendal appointed director
19993 changesfounded 1 · management 2
  • Registered as CONECTO ApS
  • Jakob Østergaard appointed director
  • Peter Rodenberg Nielsen appointed director

Related companies

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Same people in management

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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