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Frontread ApS

Private limited companyCVR 25663497Aarhus NActive

Frontread ApS is a private limited company, based in Aarhus N, active in computer programming activities, founded in 2013. Equity was negative at the end of 2025 (−DKK 13.9m). The company made a loss in both 2024 and 2025, most recently DKK 1.7m. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 711k−33.3% vs. 2024
Net profit−DKK 1.7m+52.2% vs. 2024
Equity−DKK 13.9m−13.8% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 33% (2024 → 2025), to DKK 711k.
  • The loss got smaller: from DKK 3.5m to DKK 1.7m (2024 → 2025).

Employees

  • 1 more employees than a year earlier: 10 (08/2026) against 9 (08/2025).

Management and owners, last 24 months

  • New in management: Kim Aksel Høgskilde (director, 11/11/2024).
  • Stepped down: Gitte Nørgaard (director, 11/11/2024).

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 14m−DKK 12m−DKK 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0202020212022202320242025
EquityNet profit
Financial figures for Frontread ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,3201,8872,1351,7861,067711−33.3%
Operating profit (EBIT)–−1,305−1,223−1,981−2,566−1,779+30.7%
Profit before tax−924−2,998−1,832−2,894−3,522−1,739+50.6%
Net profit−928−3,149−1,832−2,894−3,522−1,682+52.2%
Total assets4,3343,0202,9183,0592,3102,954+27.9%
Equity−4,701−7,849−9,681−8,706−12,228−13,910−13.8%
Liabilities9,03510,86912,59911,76614,53816,864+16%
Cash and cash equivalents142160201355148218+47.4%
Average number of employees59710106−40%

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 13.9m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Fewer employees

    The number of employees fell 40% from 10 in 2024 to 6 in 2025.

    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.

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 Frontread ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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
02468101209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 711kNo. 1245 of 1,656
Better than 25% of the companies in the industry
Equity−DKK 13.9mNo. 1619 of 1,661
Better than 3% of the companies in the industry
Number of employees10No. 639 of 1,661
Better than 62% 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. 50,210of 69,742
Better than 28%
No. 69,694of 69,964
Better than 0%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 967of 1,363
Better than 29%
No. 1,338of 1,365
Better than 2%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 25,845of 33,588
Better than 23%
No. 33,442of 33,687
Better than 1%
All companies of type ApS66,508 companies in the comparison
No. 48,323of 66,379
Better than 27%
No. 66,236of 66,505
Better than 0%

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. Frontread ApSDKK 711k
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Frontread ApS−DKK 1.7m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Frontread ApS−DKK 13.9m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Frontread ApS10
  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
  • Learning Solutions ApS100%
Frontread ApS

Management

4 active registrations

Executive management

Executive management at Frontread ApS
NameRoleAppointed
Kim Aksel HøgskildeDirector11/11/2024

Board of directors

Board of directors at Frontread ApS
NameRoleAppointed
Jens LoffChair of the board20/04/2016
Lars Steen PedersenBoard member23/05/2019
Torben JørgensenBoard member16/06/2020
Founders
Merete Blaabjerg Riedel, Cadpeople A/S, Fonden Institut for Teoretisk og Anvendt Informatik (itai) Tønder
Former management (14)
Former management at Frontread ApS
NameRoleAppointedResigned
Merete Blaabjerg RiedelBoard member11/12/201324/12/2021
Jens Sejer SørensenBoard member11/12/201314/12/2015
Jens Sejer SørensenDirector11/12/201315/12/2015
Claus Krogh Riekehr MøllerChair of the board11/12/201314/12/2015
Thomas JuelBoard member28/05/201520/04/2016
Merete Blaabjerg RiedelDirector15/12/201501/04/2016
Jens Sejer SørensenChair of the board15/12/201519/04/2016
Jens LoffBoard member15/12/201519/04/2016
Claus Krogh Riekehr MøllerBoard member15/12/201520/04/2016
Kim Aksel HøgskildeDirector01/04/201619/04/2024
Anette Nielsen KuskBoard member20/04/201603/07/2018
Jens Sejer SørensenBoard member20/04/201626/07/2020
Klaus DuelundBoard member20/04/201612/12/2016
Gitte NørgaardDirector19/04/202411/11/2024

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

Address and production units

1 active production units

Åbogade 15
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
FRONTREAD ApSÅbogade 15, 8200 Aarhus N101018988131

Purpose

Selskabets formål er at drive virksomhed med salg og udvikling af e-læringsløsninger og dertil relaterede virksomhed, herunder undervisning.

The purpose is quoted from the register in Danish.

Changes year by year

71 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20245 changesmanagement 4 · accounts 1
  • Kim Aksel Høgskilde appointed director
  • Gitte Nørgaard stepped down as director
  • Annual report for 2023 published
  • Gitte Nørgaard appointed director
  • Kim Aksel Høgskilde stepped down as director
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesmanagement 1 · accounts 1 · ownership 1
  • Merete Blaabjerg Riedel stepped down as board member
  • Annual report for 2020 published
  • M.B.R. Holding ApS is no longer registered as owner
20206 changesownership 4 · management 2
  • Jens Loff is no longer registered as owner
  • Learning Solutions ApS registered as owner (100%)
  • FONDEN INSTITUT FOR TEORETISK OG ANVENDT INFORMATIK (ITAI) TØNDER is no longer registered as owner
  • Jens Sejer Sørensen stepped down as board member
  • Learning Solutions ApS is no longer registered as owner
  • Torben Jørgensen appointed board member
20191 changemanagement 1
  • Lars Steen Pedersen appointed board member
20189 changescapital 1 · ownership 7 · management 1
  • Share capital changed from 220,374 DKK to 288,870 DKK
  • Learning Solutions ApS registered as owner (50%)
  • M.B.R. Holding ApS registered as owner (10%)
  • FONDEN INSTITUT FOR TEORETISK OG ANVENDT INFORMATIK (ITAI) TØNDER registered as owner (25%)
  • FRONTREAD ApS is no longer registered as owner
  • Learning Solutions ApS is no longer registered as owner
  • FONDEN INSTITUT FOR TEORETISK OG ANVENDT INFORMATIK (ITAI) TØNDER is no longer registered as owner
  • M.B.R. Holding ApS is no longer registered as owner
  • Anette Nielsen Kusk stepped down as board member
20178 changescapital 2 · ownership 6
  • Share capital changed from 215,365 DKK to 220,374 DKK
  • FRONTREAD ApS registered as owner (5%)
  • Learning Solutions ApS registered as owner (33.33%)
  • Learning Solutions ApS is no longer registered as owner
  • Share capital changed from 200,340 DKK to 215,365 DKK
  • Learning Solutions ApS registered as owner (50%)
  • CADPEOPLE A/S is no longer registered as owner
  • Learning Solutions ApS is no longer registered as owner
201619 changesmanagement 11 · address 1 · capital 1 · ownership 6
  • Klaus Duelund stepped down as board member
  • Moved to Åbogade 15, 8200 Aarhus N
  • Share capital changed from 80,000 DKK to 200,340 DKK
  • Jens Sejer Sørensen appointed board member
  • Jens Loff appointed chair of the board
  • Klaus Duelund appointed board member
  • Anette Nielsen Kusk appointed board member
  • Claus Krogh Riekehr Møller stepped down as board member
  • Thomas Juel stepped down as board member
  • FONDEN INSTITUT FOR TEORETISK OG ANVENDT INFORMATIK (ITAI) TØNDER registered as owner (33.33%)
  • Learning Solutions ApS registered as owner (25%)
  • M.B.R. Holding ApS registered as owner (10%)
  • Jens Loff registered as owner (25%)
  • Jens Loff stepped down as board member
  • Jens Sejer Sørensen stepped down as chair of the board
  • FONDEN INSTITUT FOR TEORETISK OG ANVENDT INFORMATIK (ITAI) TØNDER is no longer registered as owner
  • Merete Blaabjerg Riedel is no longer registered as owner
  • Kim Aksel Høgskilde appointed director
  • Merete Blaabjerg Riedel stepped down as director
20158 changesmanagement 8
  • Claus Krogh Riekehr Møller appointed board member
  • Jens Loff appointed board member
  • Jens Sejer Sørensen appointed chair of the board
  • Merete Blaabjerg Riedel appointed director
  • Jens Sejer Sørensen stepped down as director
  • Jens Sejer Sørensen stepped down as board member
  • Claus Krogh Riekehr Møller stepped down as chair of the board
  • Thomas Juel appointed board member
20138 changesfounded 1 · management 4 · ownership 3
  • Registered as FRONTREAD ApS
  • Jens Sejer Sørensen appointed board member
  • Claus Krogh Riekehr Møller appointed chair of the board
  • Jens Sejer Sørensen appointed director
  • Merete Blaabjerg Riedel appointed board member
  • CADPEOPLE A/S registered as owner (25%)
  • FONDEN INSTITUT FOR TEORETISK OG ANVENDT INFORMATIK (ITAI) TØNDER registered as owner (50%)
  • Merete Blaabjerg Riedel registered as owner (25%)

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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