Glasswing ApS

Private limited companyCVR 41295236HørsholmActive

Glasswing ApS is a private limited company, based in Hørsholm, active in other software publishing, founded in 2020. The company made a loss in both 2024 and 2025, most recently DKK 126k. Equity fell to DKK 324k in 2025.

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Key figures · financial year 2025

Gross profit−DKK 50,836−27.1% vs. 2024

Net profit−DKK 126k−293% vs. 2024

EquityDKK 324k−28% vs. 2024

Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

The loss grew: from DKK 32,119 to DKK 126k (2024 → 2025).
Equity fell 28% (2024 → 2025), to DKK 324k.

Employees

1 fewer employees than a year earlier: 2 (08/2023) against 3 (08/2022).

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

EquityNet profit

Financial figures for Glasswing ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	0	not stated	not stated	not stated	not stated	not stated	–
Gross profit	−6	−186	−331	−532	−40	−51	−27.1%
Operating profit (EBIT)	−6	−200	−1,022	−904	−40	−51	−27.1%
Profit before tax	−6	−202	−1,032	−902	−43	−51	−19%
Net profit	−6	−159	−803	−704	−32	−126	−293%
Total assets	34	77	1,973	700	506	387	−23.7%
Equity	34	−85	1,787	483	450	324	−28%
Liabilities	0	162	187	218	56	62	+11.4%
Cash and cash equivalents	6	21	1,737	465	431	387	−10.3%
Average number of employees	–	0	2	1	0	0	–

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: 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

Compare with the industry (499 companies)

Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures

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.

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 Glasswing ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	28/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	02/04/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	04/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	02/05/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	04/05/2022	The company	PDF XBRL
2020	14/04/2020 – 31/12/2020	31/03/2021	The company	PDF not statedXBRL

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

Employees

Position in the industry

499 companies in the database

Comparison with the other companies in other software publishing based on the latest financial year.

Gross profit−DKK 50,836No. 443 of 494

Better than 10% of the companies in the industry

EquityDKK 324kNo. 309 of 499

Better than 38% of the companies in the industry

Number of employees2No. 465 of 499

Better than 7% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.

Distribution of gross profit for 427 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 65,014of 69,742 Better than 7%	No. 46,582of 69,964 Better than 33%
Same industry and fewer than 20 employees406 companies in the comparison	No. 355of 404 Better than 12%	No. 227of 406 Better than 44%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 31,955of 33,588 Better than 5%	No. 22,119of 33,687 Better than 34%
All companies of type ApS66,508 companies in the comparison	No. 62,467of 66,379 Better than 6%	No. 42,523of 66,505 Better than 36%

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

Gross profit

Glasswing ApS−DKK 50,836
Milestone Systems A/SDKK 2bn
Visma e-conomic A/SDKK 880.2m

Net profit

Glasswing ApS−DKK 126k
Milestone Systems A/SDKK 183.4m
Visma e-conomic A/SDKK 456.2m

Equity

Glasswing ApSDKK 324k
Milestone Systems A/SDKK 1.7bn
Visma e-conomic A/SDKK 471.5m

Employees

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

Birdplane Holding ApS50%
Recursive Holding ApS50%

Glasswing ApS

Management

1 active registrations

Executive management

Executive management at Glasswing ApS
Name	Role	Appointed
Mathias Bak Bertelsen	Director	14/04/2020

Founders: Mathias Bak Bertelsen

Former management (3)

Former management at Glasswing ApS
Name	Role	Appointed	Resigned
Peter Krongaard Kristensen	Chair of the board	04/03/2022	21/12/2023
Christian Stampe Vinther	Board member	04/03/2022	21/12/2023
Mathias Bak Bertelsen	Board member	04/03/2022	21/12/2023

Signing rule: Selskabet tegnes af direktionen.

Address and production units

1 active production units

Georginevej 1
2970 Hørsholm

Hørsholm Municipality · Postcode 2970

Production units
Production unit	Address	Industry	Employees	P number
Glasswing ApS	Georginevej 1, 2970 Hørsholm	Other software publishing	2	1025738590

Purpose

Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

37 registered events

32020

82021

132022

102023

12024

12025

12026

20261 changeaccounts 1

28/06AccountsAnnual report for 2025 published

20251 changeaccounts 1

02/04AccountsAnnual report for 2024 published

20241 changeaccounts 1

04/06AccountsAnnual report for 2023 published

202310 changesmanagement 3 · ownership 5 · capital 1 · accounts 1

21/12ManagementPeter Krongaard Kristensen stepped down as chair of the board
21/12ManagementChristian Stampe Vinther stepped down as board member
21/12ManagementMathias Bak Bertelsen stepped down as board member
21/12OwnershipBirdplane Holding ApS registered as owner (50%)
21/12OwnershipRecursive Holding ApS registered as owner (50%)
21/12OwnershipFounderment A/S is no longer registered as owner
20/12OwnershipBirdplane Holding ApS is no longer registered as owner
20/12OwnershipRecursive Holding ApS is no longer registered as owner
15/11CapitalShare capital changed from 100,900 DKK to 80,000 DKK
02/05AccountsAnnual report for 2022 published

202213 changesaccounts 1 · capital 1 · management 3 · ownership 8

04/05AccountsAnnual report for 2021 published
04/03CapitalShare capital changed from 80,000 DKK to 100,900 DKK
04/03ManagementPeter Krongaard Kristensen appointed chair of the board
04/03ManagementChristian Stampe Vinther appointed board member
04/03ManagementMathias Bak Bertelsen appointed board member
04/03OwnershipBirdplane Holding ApS registered as owner (33.33%)
04/03OwnershipFounderment A/S registered as owner (10%)
04/03OwnershipRecursive Holding ApS registered as owner (33.33%)
03/03OwnershipRecursive Holding ApS is no longer registered as owner
03/03OwnershipBirdplane Holding ApS is no longer registered as owner
01/02OwnershipRecursive Holding ApS registered as owner (50%)
01/02OwnershipBirdplane Holding ApS registered as owner (50%)
30/01OwnershipGlasswing Holding ApS is no longer registered as owner

20218 changesownership 6 · capital 1 · accounts 1

30/11OwnershipGlasswing Holding ApS registered as owner (100%)
30/11OwnershipMathias Bak Bertelsen is no longer registered as owner
30/11OwnershipPeter Krongaard Kristensen is no longer registered as owner
12/05CapitalShare capital changed from 40,000 DKK to 80,000 DKK
12/05OwnershipMathias Bak Bertelsen registered as owner (50%)
12/05OwnershipPeter Krongaard Kristensen registered as owner (50%)
11/05OwnershipMathias Bak Bertelsen is no longer registered as owner
31/03AccountsAnnual report for 2020 published

20203 changesfounded 1 · management 1 · ownership 1

14/04FoundedRegistered as Glasswing ApS
14/04ManagementMathias Bak Bertelsen appointed director
14/04OwnershipMathias Bak Bertelsen registered as owner (100%)

Related companies

Same industry in Hørsholm

Expandit International A/S11 employees
Stinto ApS2 employees
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Same people in management

Hakio ApSvia Christian Stampe Vinther
Cernel ApSvia Christian Stampe Vinther
Relewise ApSvia Christian Stampe Vinther

Largest in the industry

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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.

View in CVR Report a correction