Fiftytwo Dynamics ApS
Private limited companyCVR 43988980GlostrupActive
Fiftytwo Dynamics ApS is a private limited company, based in Glostrup, active in other software publishing, founded in 2023. Equity was negative at the end of 2025 (−DKK 520k). The company made a loss in both 2024 and 2025, most recently DKK 1.7m. Operations are spread over 4 production units in 4 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 10% (2024 → 2025), to DKK 10.4m.
- The loss got smaller: from DKK 2.2m to DKK 1.7m (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 13 (07/2026) against 14 (07/2025).
Management and owners, last 24 months
- New in management: Jóhannes Helgi Guðjónsson (board member, 30/06/2025).
- Stepped down: Nina Munch Kruse (chair of the board, 30/06/2025).
- New owners registered: F. E. Bording A/S (01/09/2025), Wise Lausnir ehf. (01/09/2026) and F. E. Bording A/S (01/01/2025) (+1).
- No longer registered as owner: Fiftytwo A/S (01/01/2025), Fiftytwo Dynamics ApS (14/07/2025) and F. E. Bording A/S (31/08/2025) (+1).
Registrations, last 24 months
- 14/07/2025: Share capital changed from 131,899 DKK to 121,874 DKK
- 30/06/2025: Share capital changed from 113,618 DKK to 131,899 DKK
- 25/02/2025: Share capital changed from 100,251 DKK to 113,618 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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 6,779 | 11,548 | 10,400 | −9.9% |
| Operating profit (EBIT) | −172 | −2,870 | −1,540 | +46.3% |
| Profit before tax | −173 | −2,917 | −1,697 | +41.8% |
| Net profit | −136 | −2,237 | −1,697 | +24.2% |
| Total assets | 3,841 | 5,540 | 4,626 | −16.5% |
| Equity | 914 | −1,324 | −520 | +60.7% |
| Liabilities | 2,927 | 6,864 | 5,146 | −25% |
| Cash and cash equivalents | 467 | 12 | 52 | +352.7% |
| Average number of employees | 13 | 10 | 13 | +30% |
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 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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 520k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more 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
3 financial years| 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 | 30/06/2025 | The company | PDFXBRL |
| 2023 | 15/04/2023 – 31/12/2023 | 30/06/2024 | The company | PDFXBRL |
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 CVRPosition in the industry
499 companies in the databaseComparison with the other companies in other software publishing based on the latest financial year.
Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 4,506of 69,742 Better than 94% | No. 65,830of 69,964 Better than 6% |
| Same industry and fewer than 20 employees406 companies in the comparison | No. 55of 404 Better than 87% | No. 335of 406 Better than 18% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 923of 16,614 Better than 94% | No. 15,387of 16,661 Better than 8% |
| All companies of type ApS66,508 companies in the comparison | No. 5,803of 66,379 Better than 91% | No. 62,287of 66,505 Better than 6% |
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
Other software publishing- Fiftytwo Dynamics ApSDKK 10.4m
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Fiftytwo Dynamics ApS−DKK 1.7m
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- Fiftytwo Dynamics ApS−DKK 520k
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- Fiftytwo Dynamics ApS13
- Milestone Systems A/S531
- Visma e-conomic A/S456
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- BC ERP Invest ApS33.33%
- F. E. Bording A/S50%
- Wise Lausnir ehf.10%
Subsidiaries are shown only if they are in the database.
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Bo Kruse | Director | 01/06/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Bo Kruse | Board member | 01/06/2023 |
| Bernt Johan Qvistgaard Therp | Board member | 01/06/2023 |
| Jóhannes Helgi Guðjónsson | Board member | 30/06/2025 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Fiftytwo A/S
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Bernt Johan Qvistgaard Therp | Director | 15/04/2023 | 01/06/2023 |
| Nina Munch Kruse | Chair of the board | 01/06/2023 | 30/06/2025 |
Signing rule: Selskabet tegnes af én direktør eller af den samlede bestyrelse
Address and production units
4 active production unitsEjby Industrivej 91
2600 Glostrup
Glostrup Municipality · Postcode 2600
Other companies at the address (8)
- Bording Danmark A/SOther publishing activities, except software publishing
- Fiftytwo A/SComputer programming activities
- Skiltex A/SWholesale of information and communication equipment
- Kragerup & Ko ApSEvent catering
- F. E. Bording A/SActivities of non-financial head offices
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Fiftytwo Dynamics ApS | Vintervej 7, 1, 8210 Aarhus V | 8 | 1032692954 |
| Fiftytwo Dynamics ApS | Olaf Ryes Gade 7K, 2. 4, 6000 Kolding | 3 | 1029428812 |
| Fiftytwo Dynamics ApS | Ejby Industrivej 91, 2600 Glostrup | 2 | 1029223099 |
| Fiftytwo Dynamics ApS | Porsvej 2, 9000 Aalborg | 1 | 1029428790 |
Purpose
Selskabets formål er at udvikle, distribuere og sælge ERP software og levere ydelser i relation dertil, herunder drive anden beslægtet virksomhed efter bestyrelsens skøn
The purpose is quoted from the register in Danish.
Changes year by year
27 registered events20263 changesownership 2 · accounts 1
- OwnershipWise Lausnir ehf. registered as owner (10%)
- OwnershipWise Lausnir ehf. is no longer registered as owner
- AccountsAnnual report for 2025 published
202512 changesownership 6 · capital 3 · management 2 · accounts 1
- OwnershipF. E. BORDING A/S registered as owner (50%)
- OwnershipF. E. BORDING A/S is no longer registered as owner
- CapitalShare capital changed from 131,899 DKK to 121,874 DKK
- OwnershipFiftytwo Dynamics ApS is no longer registered as owner
- CapitalShare capital changed from 113,618 DKK to 131,899 DKK
- ManagementJóhannes Helgi Guðjónsson appointed board member
- ManagementNina Munch Kruse stepped down as chair of the board
- OwnershipWise Lausnir ehf. registered as owner (15%)
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 100,251 DKK to 113,618 DKK
- OwnershipF. E. BORDING A/S registered as owner (33.33%)
- OwnershipFiftytwo A/S is no longer registered as owner
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
202311 changescapital 1 · management 6 · ownership 3 · founded 1
- CapitalShare capital changed from 50,025 DKK to 100,251 DKK
- ManagementNina Munch Kruse appointed chair of the board
- ManagementBo Kruse appointed director
- ManagementBo Kruse appointed board member
- ManagementBernt Johan Qvistgaard Therp appointed board member
- ManagementBernt Johan Qvistgaard Therp stepped down as director
- OwnershipBC ERP Invest ApS registered as owner (33.33%)
- OwnershipFiftytwo Dynamics ApS registered as owner (5%)
- FoundedRegistered as Fiftytwo Dynamics ApS
- ManagementBernt Johan Qvistgaard Therp appointed director
- OwnershipFiftytwo A/S registered as owner (33.33%)
Related companies
Same people in management
- Bording Danmark A/Svia Bernt Johan Qvistgaard Therp
- Fiftytwo A/Svia Bernt Johan Qvistgaard Therp
- KLS PurePrint A/Svia Bernt Johan Qvistgaard Therp
- F. E. Bording A/Svia Bernt Johan Qvistgaard Therp
- Umwelt ApSvia Bernt Johan Qvistgaard Therp
- 2trace A/Svia Bernt Johan Qvistgaard Therp
Largest in the industry
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Google Denmark ApSDKK 382m
- Continia Software A/SDKK 309.6m
- Boyum IT Solutions A/SDKK 208.2m
- Capture One A/SDKK 164.4m
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.