Finalto A/S
Public limited companyCVR 31364523København ØActive
Finalto A/S is a public limited company, based in København Ø, active in other information technology and computer service activities, founded in 2008. After a loss in 2024, the company made a profit of DKK 15.6m in 2025. Measured by gross profit, it ranks no. 5 of 291 companies in the industry in the database. With 36 employees, the company is about 12 times larger than the industry median.
Key figures · financial year 2025
Gross profitDKK 91m+20.4% vs. 2024
Net profitDKK 15.6m+413.4% vs. 2024
EquityDKK 106.4m+17.1% vs. 2024
Employees36latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 20% (2024 → 2025), to DKK 91m.
- Net profit went from a loss of DKK 5m to a profit of DKK 15.6m (2024 → 2025).
- Equity rose 17% (2024 → 2025), to DKK 106.4m.
Management and owners, last 24 months
- New in management: Yat Fan Ng (ceo, 31/01/2025), Osman Rafiq (board member, 07/03/2025) and Hidetoshi Furusho (board member, 07/03/2025) (+1).
- Stepped down: Matthew John Maloney (board member, 31/01/2025), Matthew John Maloney (ceo, 31/01/2025) and Mikkel Kallerup Olsen (board member, 07/03/2025) (+2).
Registrations, last 24 months
- 01/01/2025: Industry changed to Other information technology and computer service activities (629000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 61,105 | 62,139 | 144,309 | 251,408 | 75,559 | 90,978 | +20.4% |
| Operating profit (EBIT) | – | 25,937 | 34,018 | 134,502 | 911 | 13,918 | +1,427.8% |
| Profit before tax | 38,154 | 5,553 | 43,233 | 138,637 | −4,961 | 18,744 | +477.8% |
| Net profit | 36,512 | 2,945 | 33,586 | 106,570 | −4,963 | 15,553 | +413.4% |
| Total assets | 293,796 | 302,891 | 1,499,773 | 1,921,116 | 222,260 | 205,364 | −7.6% |
| Equity | 153,372 | 180,945 | 205,960 | 305,818 | 90,821 | 106,374 | +17.1% |
| Liabilities | 137,319 | 118,223 | 1,288,579 | 1,611,131 | 129,824 | 96,119 | −26% |
| Cash and cash equivalents | 1,575 | 816 | 1,341,739 | 1,645,703 | 8,279 | 7,286 | −12% |
| Average number of employees | 41 | 44 | 133 | 140 | 53 | 44 | −17% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 27/06/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 05/05/2021 | 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
291 companies in the databaseComparison with the other companies in other information technology and computer service activities based on the latest financial year.
Gross profitDKK 91mNo. 5 of 291
Better than 99% of the companies in the industry
EquityDKK 106.4mNo. 8 of 291
Better than 98% of the companies in the industry
Number of employees36No. 16 of 291
Better than 95% of the companies in the industry
Industry median: gross profit DKK 2.7m, net profit DKK 247k, equity DKK 1.2m, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 154of 9,892 Better than 98% | No. 322of 9,922 Better than 97% |
| Same industry and 20–49 employees35 companies in the comparison | No. 2of 35 Better than 97% | No. 2of 35 Better than 97% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 785of 24,791 Better than 97% | No. 1,291of 24,909 Better than 95% |
| All companies of type A/S18,025 companies in the comparison | No. 1,714of 17,786 Better than 90% | No. 2,179of 18,024 Better than 88% |
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 information technology and computer service activitiesGross profit
- Finalto A/SDKK 91m
- Unity Technologies ApSDKK 131.7m
- Kollab A/SDKK 115.5m
Net profit
- Finalto A/SDKK 15.6m
- Unity Technologies ApSDKK 125.6m
- Kollab A/SDKK 5.7m
Equity
- Finalto A/SDKK 106.4m
- Unity Technologies ApSDKK 273.6m
- Kollab A/SDKK 35.8m
Employees
- Finalto A/S36
- Unity Technologies ApS213
- Kollab A/S117
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Dowie Investments (UK) Limited100%
Finalto A/S
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Yat Fan Ng | CEO | 31/01/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Yat Fan Ng | Board member | 11/06/2024 |
| Osman Rafiq | Board member | 07/03/2025 |
| Hidetoshi Furusho | Board member | 07/03/2025 |
| Hideo Haneda | Board member | 07/03/2025 |
- Founders
- Christian Frahm Enterprises ApS, Christopher Anthony Mathias
Former management (20)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Cathrine Grenaa Frahm | Board member | 31/03/2008 | 15/03/2010 |
| Christian Sundø Frahm | Director | 31/03/2008 | 25/06/2019 |
| Anna Petra Therése Thacker | Chair of the board | 31/03/2008 | 15/03/2010 |
| Remonda Zahdeh Kirketerp-Møller | Board member | 23/04/2010 | 04/10/2012 |
| Christopher Anthony Mathias | Chair of the board | 01/07/2010 | 23/10/2010 |
| Christian Sundø Frahm | Board member | 23/11/2010 | 29/04/2020 |
| Christopher Anthony Mathias | Chair of the board | 23/11/2010 | 30/06/2017 |
| Sandor Bernard Helby | Board member | 14/04/2014 | 10/10/2014 |
| Matthew John Maloney | Board member | 10/10/2014 | 31/01/2025 |
| Dipak Rastogi | Board member | 22/05/2015 | 13/12/2016 |
| Neil David Offord | Board member | 04/07/2017 | 17/09/2020 |
| Marc Obel Levin | Board member | 25/06/2019 | 30/11/2020 |
| Marc Obel Levin | CEO | 25/06/2019 | 30/11/2020 |
| Jeremy Samuel Schlachter | Board member | 18/09/2020 | 01/01/2023 |
| Jon Poulsen | Board member | 30/11/2020 | 30/04/2021 |
| Matthew John Maloney | CEO | 30/11/2020 | 31/01/2025 |
| Mikkel Kallerup Olsen | Board member | 28/06/2022 | 07/03/2025 |
| Amit Zeevi | Board member | 28/06/2022 | 05/01/2023 |
| Stanislav Bunimovich | Board member | 23/02/2023 | 07/03/2025 |
| Paul Groves | Board member | 23/02/2023 | 07/03/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med et medlem af bestyrelsen eller af den samlede bestyrelse i forening.
Address and production units
1 active production unitsDampfærgevej 8
2100 København Ø
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Finalto A/S | Dampfærgevej 8, 4, 2100 København Ø | 36 | 1014334684 |
Purpose
Selskabets formål er at investere i finansielle virksomheder og andre aktiver efter bestyrelsens nærmere beslutning. Geografisk kan investeringerne foretages i hele verden.
The purpose is quoted from the register in Danish.
Changes year by year
75 registered events22015
82016
32017
02018
62019
72020
32021
32022
52023
22024
112025
12026
20261 changeaccounts 1
- AccountsAnnual report for 2025 published
202511 changesaccounts 1 · management 9 · industry 1
- AccountsAnnual report for 2024 published
- ManagementHideo Haneda appointed board member
- ManagementHidetoshi Furusho appointed board member
- ManagementOsman Rafiq appointed board member
- ManagementPaul Groves stepped down as board member
- ManagementStanislav Bunimovich stepped down as board member
- ManagementMikkel Kallerup Olsen stepped down as board member
- ManagementYat Fan Ng appointed ceo
- ManagementMatthew John Maloney stepped down as ceo
- ManagementMatthew John Maloney stepped down as board member
- IndustryIndustry changed to Other information technology and computer service activities (629000)
20242 changesaccounts 1 · management 1
- AccountsAnnual report for 2023 published
- ManagementYat Fan Ng appointed board member
20235 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementPaul Groves appointed board member
- ManagementStanislav Bunimovich appointed board member
- ManagementAmit Zeevi stepped down as board member
- ManagementJeremy Samuel Schlachter stepped down as board member
20223 changesaccounts 1 · management 2
- AccountsAnnual report for 2021 published
- ManagementAmit Zeevi appointed board member
- ManagementMikkel Kallerup Olsen appointed board member
20213 changesaccounts 1 · management 1 · name 1
- AccountsAnnual report for 2020 published
- ManagementJon Poulsen stepped down as board member
- NameName changed from CONSOLIDATED FINANCIAL HOLDINGS A/S to Finalto A/S
20207 changesmanagement 7
- ManagementMatthew John Maloney appointed ceo
- ManagementJon Poulsen appointed board member
- ManagementMarc Obel Levin stepped down as ceo
- ManagementMarc Obel Levin stepped down as board member
- ManagementJeremy Samuel Schlachter appointed board member
- ManagementNeil David Offord stepped down as board member
- ManagementChristian Sundø Frahm stepped down as board member
20196 changesmanagement 3 · ownership 3
- ManagementMarc Obel Levin appointed ceo
- ManagementMarc Obel Levin appointed board member
- ManagementChristian Sundø Frahm stepped down as director
- OwnershipDowie Investments (UK) Limited registered as owner (100%)
- OwnershipCHRISTIAN FRAHM ENTERPRISES ApS is no longer registered as owner
- OwnershipDowie Investments (UK) Limited is no longer registered as owner
20173 changesownership 1 · management 2
- OwnershipLars Birk Holst is no longer registered as owner
- ManagementNeil David Offord appointed board member
- ManagementChristopher Anthony Mathias stepped down as chair of the board
20168 changesmanagement 1 · capital 1 · ownership 6
- ManagementDipak Rastogi stepped down as board member
- CapitalShare capital changed from 2,426,792 DKK to 2,477,414 DKK
- OwnershipLars Birk Holst registered as owner (5%)
- OwnershipCHRISTIAN FRAHM ENTERPRISES ApS registered as owner (15%)
- OwnershipDowie Investments (UK) Limited registered as owner (66.67%)
- OwnershipCHRISTIAN FRAHM ENTERPRISES ApS is no longer registered as owner
- OwnershipChristopher Mathias is no longer registered as owner
- OwnershipLars Birk Holst is no longer registered as owner
20152 changescapital 1 · management 1
- CapitalShare capital changed from 7,403,096 DKK to 2,426,792 DKK
- ManagementDipak Rastogi appointed board member
20147 changesownership 2 · management 3 · address 1 · capital 1
- OwnershipCHRISTIAN FRAHM ENTERPRISES ApS registered as owner (33.33%)
- OwnershipChristopher Mathias registered as owner (33.33%)
- ManagementMatthew John Maloney appointed board member
- ManagementSandor Bernard Helby stepped down as board member
- AddressMoved to Dampfærgevej 8, 4, 2100 København Ø
- ManagementSandor Bernard Helby appointed board member
- CapitalShare capital changed from 7,398,096 DKK to 7,403,096 DKK
20131 changeaddress 1
- AddressMoved to Redhavnsvej 3, 2150 Nordhavn
20121 changemanagement 1
- ManagementRemonda Zahdeh Kirketerp-Møller stepped down as board member
20108 changesmanagement 7 · capital 1
- ManagementChristian Sundø Frahm appointed board member
- ManagementChristopher Anthony Mathias appointed chair of the board
- CapitalShare capital changed from 2,242,400 DKK to 7,398,096 DKK
- ManagementChristopher Anthony Mathias stepped down as chair of the board
- ManagementChristopher Anthony Mathias appointed chair of the board
- ManagementRemonda Zahdeh Kirketerp-Møller appointed board member
- ManagementAnna Petra Therése Thacker stepped down as chair of the board
- ManagementCathrine Grenaa Frahm stepped down as board member
20087 changescapital 1 · address 1 · ownership 1 · founded 1 · management 3
- CapitalShare capital changed from 1,901,440 DKK to 2,242,400 DKK
- AddressMoved to Skudehavnsvej 17, 2150 Nordhavn
- OwnershipLars Birk Holst registered as owner (10%)
- FoundedRegistered as CONSOLIDATED FINANCIAL HOLDINGS A/S
- ManagementChristian Sundø Frahm appointed director
- ManagementAnna Petra Therése Thacker appointed chair of the board
- ManagementCathrine Grenaa Frahm appointed board member
Related companies
Same industry in København
- Unity Technologies ApS213 employees
- Lenus eHealth ApS132 employees
- Kollab A/S117 employees
- Mastercard OB Services Europe A/S92 employees
- Aceve Danmark ApS85 employees
- Fortinet Denmark ApS54 employees
Same people in management
- United Fintech Denmark ApSvia Christian Sundø Frahm
- Muinmos ApSvia Lars Birk Holst
- GC Technology ApSvia Lars Birk Holst
- GC Exchange A/Svia Lars Birk Holst
- Lille Strandstræde 16 ApSvia Cathrine Grenaa Frahm
Largest in the industry
- Unity Technologies ApSDKK 131.7m
- Kollab A/SDKK 115.5m
- Fortinet Denmark ApSDKK 96.4m
- TrueCommerce Denmark ApSDKK 92.8m
- Aceve Danmark ApSDKK 80.1m
- Chainalysis ApSDKK 71.2m
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.