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Ghost A/S

Public limited companyCVR 24235521København ØActive

Ghost A/S is a public limited company, based in København Ø, active in motion picture, video and television programme post-production, founded in 1999. Net profit fell 7% from 2024 to 2025, ending at DKK 17.1m. Measured by gross profit, it ranks no. 1 of 39 companies in the industry in the database. With 60 employees, the company is about 30 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 65.4m+17.9% vs. 2024
Net profitDKK 17.1m−6.9% vs. 2024
EquityDKK 81.7m+26.5% vs. 2024
Employees60latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 18% (2024 → 2025), to DKK 65.4m.
  • Net profit fell 7% (2024 → 2025), to DKK 17.1m.
  • Equity rose 26% (2024 → 2025), to DKK 81.7m.

Employees

  • 6 fewer employees than a year earlier: 60 (08/2026) against 66 (08/2025).

Management and owners, last 24 months

  • New in management: William Paul Romeo (board member, 12/05/2025), Christopher Phillips (board member, 14/04/2026) and Eric Franklin Glover (chair of the board, 14/04/2026) (+2).
  • Stepped down: David Mathias Stinnett (chair of the board, 12/02/2025), Gary Grant Lyon (board member, 11/02/2025) and Lawrence Randall Hirsh (board member, 12/05/2025) (+2).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Motion picture, video and television programme post-production (591200)

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 80m202020212022202320242025
EquityNet profit
Financial figures for Ghost A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit54,89673,34296,697104,87855,47365,427+17.9%
Operating profit (EBIT)25,21835,33554,88256,17016,41924,334+48.2%
Profit before tax24,15036,40557,74357,84523,64721,908−7.4%
Net profit18,83728,44245,02445,11118,36417,100−6.9%
Total assets30,47074,82379,71866,49790,383126,208+39.6%
Equity21,38143,57335,20746,21864,58281,681+26.5%
Liabilities8,78328,94842,51520,28021,12443,054+103.8%
Cash and cash equivalents12,4093,05215,0711,60418,07015,488−14.3%
Average number of employees6468777665650%

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 100m202020212022202320242025
Gross profitMedian, the industry (39 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 Ghost A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202516/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202319/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/07/2021The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

39 companies in the database

Comparison with the other companies in motion picture, video and television programme post-production based on the latest financial year.

Gross profitDKK 65.4mNo. 1 of 39
Better than 100% of the companies in the industry
EquityDKK 81.7mNo. 1 of 39
Better than 100% of the companies in the industry
Number of employees60No. 1 of 39
Better than 100% of the companies in the industry

Industry median: gross profit DKK 1.5m, net profit DKK 52,275, equity DKK 315k, 2 employees.

DKK 100kDKK 506kDKK 2.6mDKK 12.9mDKK 38.1mHere
Distribution of gross profit for 37 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. 1,271of 4,412
Better than 71%
No. 810of 4,466
Better than 82%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,090of 24,791
Better than 96%
No. 1,604of 24,909
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 2,301of 17,786
Better than 87%
No. 2,617of 18,024
Better than 85%

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

Motion picture, video and television programme post-production
Gross profit
  1. Ghost A/SDKK 65.4m
  2. Bacon X ApSDKK 16.1m
  3. Frame.dk ApSDKK 7.3m
Net profit
  1. Ghost A/SDKK 17.1m
  2. Bacon X ApS−DKK 475k
  3. Frame.dk ApSDKK 334k
Equity
  1. Ghost A/SDKK 81.7m
  2. Bacon X ApSDKK 6.3m
  3. Frame.dk ApSDKK 1.5m
Employees
  1. Ghost A/S60
  2. Bacon X ApS19
  3. Frame.dk ApS8

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
  • Ghost Holding ApS100%
Ghost A/S

Management

4 active registrations

Executive management

Executive management at Ghost A/S
NameRoleAppointed
William Paul RomeoDirector10/01/2020

Board of directors

Board of directors at Ghost A/S
NameRoleAppointed
William Paul RomeoBoard member12/05/2025
Christopher PhillipsBoard member14/04/2026
Eric Franklin GloverChair of the board14/04/2026
Founders
Bo Møller Nielsen, Aksel Studsgarth, Lars Martin Gårdeler, Jeppe Nygaard Christensen
Former management (24)
Former management at Ghost A/S
NameRoleAppointedResigned
Bo Møller NielsenDirector01/08/199901/02/2001
Aksel StudsgarthBoard member01/08/199910/01/2020
Lars Martin GårdelerBoard member01/02/200110/01/2020
Jeppe Nygaard ChristensenCEO01/02/200131/08/2021
Ole Juul MøllerChair of the board13/03/200131/05/2017
Jeppe Nygaard ChristensenBoard member13/03/200110/01/2020
Lars BartkærBoard member24/09/200530/06/2011
Jan Krogh Hyldebrandt-LarsenBoard member10/09/201101/04/2012
Mette NørtoftBoard member10/09/201127/05/2018
Aksel StudsgarthChief financial officer27/09/201123/05/2013
Lars Martin GårdelerDeputy board member27/09/201123/05/2013
Phillip Poul Christian PrahlBoard member01/01/201610/01/2020
Mette NørtoftChair of the board28/05/201810/01/2020
Robert Craig RosenthalChair of the board10/01/202012/10/2022
William Paul RomeoBoard member10/01/202024/10/2024
Séamus Pol MacCormaicBoard member10/01/202012/10/2022
Gary Paul RaksisChair of the board12/10/202211/08/2023
Cara Jane SheppardBoard member12/10/202224/10/2024
Nathan Lee FenwickChair of the board11/08/202324/10/2024
David Mathias StinnettChair of the board24/10/202412/02/2025
Gary Grant LyonBoard member24/10/202411/02/2025
Lawrence Randall HirshBoard member24/10/202412/05/2025
Gary Grant LyonChair of the board12/02/202526/02/2026
Eric Franklin GloverBoard member12/02/202514/04/2026

Signing rule: Selskabet tegnes af en direktør, af bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Århusgade 88
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
GHOST A/SÅrhusgade 88, 2, 2100 København Ø601006434904

Purpose

Selskabets formål er at drive virksomhed med computergrafisk produktion, new mediaproduktion, new mediakoncept, design samt virksomhed, der efter bestyrelsens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

87 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Eric Franklin Glover appointed chair of the board
  • Christopher Phillips appointed board member
  • Eric Franklin Glover stepped down as board member
  • Gary Grant Lyon stepped down as chair of the board
20258 changesaccounts 1 · management 6 · industry 1
  • Annual report for 2024 published
  • William Paul Romeo appointed board member
  • Lawrence Randall Hirsh stepped down as board member
  • Gary Grant Lyon appointed chair of the board
  • Eric Franklin Glover appointed board member
  • David Mathias Stinnett stepped down as chair of the board
  • Gary Grant Lyon stepped down as board member
  • Industry changed to Motion picture, video and television programme post-production (591200)
20247 changesmanagement 6 · accounts 1
  • David Mathias Stinnett appointed chair of the board
  • Lawrence Randall Hirsh appointed board member
  • Gary Grant Lyon appointed board member
  • Nathan Lee Fenwick stepped down as chair of the board
  • Cara Jane Sheppard stepped down as board member
  • William Paul Romeo stepped down as board member
  • Annual report for 2023 published
20234 changesaddress 1 · management 2 · accounts 1
  • Moved to Århusgade 88, 2, 2100 København Ø
  • Nathan Lee Fenwick appointed chair of the board
  • Gary Paul Raksis stepped down as chair of the board
  • Annual report for 2022 published
20225 changesmanagement 4 · accounts 1
  • Cara Jane Sheppard appointed board member
  • Gary Paul Raksis appointed chair of the board
  • Robert Craig Rosenthal stepped down as chair of the board
  • Séamus Pol MacCormaic stepped down as board member
  • Annual report for 2021 published
20212 changesmanagement 1 · accounts 1
  • Jeppe Nygaard Christensen stepped down as ceo
  • Annual report for 2020 published
202013 changesmanagement 9 · ownership 4
  • William Paul Romeo appointed board member
  • Robert Craig Rosenthal appointed chair of the board
  • Séamus Pol MacCormaic appointed board member
  • William Paul Romeo appointed director
  • Mette Nørtoft stepped down as chair of the board
  • Phillip Poul Christian Prahl stepped down as board member
  • Jeppe Nygaard Christensen stepped down as board member
  • Lars Martin Gårdeler stepped down as board member
  • Aksel Studsgarth stepped down as board member
  • Ghost Holding ApS registered as owner (100%)
  • JEPPE ApS is no longer registered as owner
  • MARTIN ApS is no longer registered as owner
  • AKSEL ApS is no longer registered as owner
20191 changeaddress 1
  • Moved to Århusgade 88, 2, 2100 København Ø
20183 changesaddress 1 · management 2
  • Moved to Århusgade 88, 2, 2100 København Ø
  • Mette Nørtoft appointed chair of the board
  • Mette Nørtoft stepped down as board member
20171 changemanagement 1
  • Ole Juul Møller stepped down as chair of the board
20168 changesownership 6 · address 1 · management 1
  • JEPPE ApS registered as owner (33.33%)
  • MARTIN ApS registered as owner (33.33%)
  • AKSEL ApS registered as owner (33.33%)
  • Jeppe Nygaard Christensen is no longer registered as owner
  • Aksel Studsgarth is no longer registered as owner
  • Lars Martin Gårdeler is no longer registered as owner
  • Moved to Århusgade 88, 2, 2100 København Ø
  • Phillip Poul Christian Prahl appointed board member
20156 changesownership 6
  • Jeppe Nygaard Christensen registered as owner (33.33%)
  • Aksel Studsgarth registered as owner (33.33%)
  • Lars Martin Gårdeler registered as owner (33.33%)
  • Aksel Studsgarth is no longer registered as owner
  • Jeppe Nygaard Christensen is no longer registered as owner
  • Lars Martin Gårdeler is no longer registered as owner
20132 changesmanagement 2
  • Lars Martin Gårdeler stepped down as deputy board member
  • Aksel Studsgarth stepped down as chief financial officer
20121 changemanagement 1
  • Jan Krogh Hyldebrandt-Larsen stepped down as board member
20116 changesmanagement 5 · address 1
  • Lars Martin Gårdeler appointed deputy board member
  • Aksel Studsgarth appointed chief financial officer
  • Mette Nørtoft appointed board member
  • Jan Krogh Hyldebrandt-Larsen appointed board member
  • Lars Bartkær stepped down as board member
  • Moved to Rosenborggade 15, 1130 København K
20081 changeindustry 1
  • Industry changed to Motion picture, video and television programme post-production (591200)
20056 changesmanagement 1 · ownership 3 · name 1 · capital 1
  • Lars Bartkær appointed board member
  • Aksel Studsgarth registered as owner (33.33%)
  • Jeppe Nygaard Christensen registered as owner (33.33%)
  • Lars Martin Gårdeler registered as owner (33.33%)
  • Name changed from GHOST ApS to GHOST A/S
  • Share capital changed from 300,000 DKK to 500,000 DKK
20015 changesmanagement 5
  • Jeppe Nygaard Christensen appointed board member
  • Ole Juul Møller appointed chair of the board
  • Lars Martin Gårdeler appointed board member
  • Jeppe Nygaard Christensen appointed ceo
  • Bo Møller Nielsen stepped down as director
19993 changesfounded 1 · management 2
  • Registered as GHOST ApS
  • Bo Møller Nielsen appointed director
  • Aksel Studsgarth appointed board member

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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