Harba Systems ApS
Private limited companyCVR 43881523København ØActive
Harba Systems ApS is a private limited company, based in København Ø, active in other software publishing, founded in 2023. The company made a loss in both 2024 and 2025, most recently DKK 1.3m. Equity fell to DKK 1.8m in 2025. 6 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 372% (2024 → 2025), to DKK 1.1m.
- The loss got smaller: from DKK 1.7m to DKK 1.3m (2024 → 2025).
- Equity fell 36% (2024 → 2025), to DKK 1.8m.
Management and owners, last 24 months
- New in management: Mark Dennis Aalborg (ceo, 01/11/2024).
- Stepped down: Christian von Bülow Elkrog (ceo, 01/11/2024).
- New owners registered: Karstoft Holding ApS (21/02/2025), Ok Ventures ApS (21/02/2025) and Morph Capital III ApS (15/04/2025) (+2).
- No longer registered as owner: Morph Capital V ApS (20/02/2025), Karstoft Holding ApS (20/02/2025) and Ok Ventures ApS (20/02/2025) (+2).
Registrations, last 24 months
- 23/02/2026: Share capital changed from 451,837 DKK to 534,178 DKK
- 21/02/2025: Share capital changed from 407,850 DKK to 451,837 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 | −716 | 228 | 1,077 | +371.8% |
| Operating profit (EBIT) | −2,009 | −1,638 | −1,449 | +11.5% |
| Profit before tax | −2,062 | −1,674 | −1,531 | +8.5% |
| Net profit | −1,696 | −1,674 | −1,278 | +23.6% |
| Total assets | 2,948 | 3,305 | 4,008 | +21.3% |
| Equity | 1,177 | 2,733 | 1,754 | −35.8% |
| Liabilities | 1,771 | 572 | 2,254 | +294% |
| Cash and cash equivalents | 26 | 310 | 820 | +164.5% |
| Average number of employees | 5 | 3 | 2 | −33.3% |
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 figuresLoss 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.
Equity fell sharply
Equity fell 36% from 2024 to 2025 (DKK 2.7m to DKK 1.8m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive 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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 07/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/06/2025 | The company | PDFXBRL |
| 2023 | 21/02/2023 – 31/12/2023 | 03/07/2024 | 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. 43,446of 69,742 Better than 38% | No. 26,082of 69,964 Better than 63% |
| Same industry and fewer than 20 employees406 companies in the comparison | No. 248of 404 Better than 39% | No. 146of 406 Better than 64% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 8,735of 16,614 Better than 47% | No. 2,679of 16,661 Better than 84% |
| All companies of type ApS66,508 companies in the comparison | No. 41,835of 66,379 Better than 37% | No. 22,155of 66,505 Better than 67% |
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- Harba Systems ApSDKK 1.1m
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Harba Systems ApS−DKK 1.3m
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- Harba Systems ApSDKK 1.8m
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- Harba Systems ApS2
- 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- Karstoft Holding ApS15%
- Ok Ventures ApS10%
- Morph Capital III ApS5%
- Bifrost Forge ApS33.33% · 66.67% votes
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mark Dennis Aalborg | CEO | 01/11/2024 |
- Founders
- Ludvik Mar Ludviksson, Petri Poulsen Holding ApS, CvZB Holding ApS, Cvbe ApS, Daniel Barry Holding ApS, Algirdas Žarkaitis, Paulius Zilys
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Marie von Bülow Elkrog | Board member | 21/02/2023 | 10/01/2024 |
| Christian von Bülow Elkrog | CEO | 21/02/2023 | 01/11/2024 |
| Christian von Bülow Elkrog | Chair of the board | 21/02/2023 | 28/08/2024 |
| Algirdas Žarkaitis | Board member | 21/02/2023 | 28/08/2024 |
| Jens Karstoft | Board member | 10/01/2024 | 28/08/2024 |
| Oliver Kofoed Pedersen | Board member | 10/01/2024 | 28/08/2024 |
| Ludvik Mar Ludviksson | Board member | 10/01/2024 | 28/08/2024 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsSortedam Dossering 55
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (6)
- Atlas People ApSActivities of employment placement agencies
- SmallClaims ApSOther software publishing
- Morph Operations ApSOther financial service activities n.e.c.
- Lift Relations ApSComputer programming activities
- Bifrost ManCo ApSNon-financial holding companies
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Harba Systems ApS | Sortedam Dossering 55, 2100 København Ø | 2 | 1029075898 |
Purpose
Selskabets formål er at drive IT og handels virksomhed samt anden hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
84 registered events20262 changesaccounts 1 · capital 1
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 451,837 DKK to 534,178 DKK
202512 changesownership 10 · accounts 1 · capital 1
- OwnershipBifrost Forge ApS registered as owner (33.33%)
- OwnershipBifrost Studios L.L.C-FZ is no longer registered as owner
- AccountsAnnual report for 2024 published
- OwnershipMorph Capital III ApS registered as owner (5%)
- OwnershipMorph Capital V ApS is no longer registered as owner
- CapitalShare capital changed from 407,850 DKK to 451,837 DKK
- OwnershipMorph Capital V ApS registered as owner (0%)
- OwnershipOK VENTURES ApS registered as owner (10%)
- OwnershipKarstoft Holding ApS registered as owner (15%)
- OwnershipOK VENTURES ApS is no longer registered as owner
- OwnershipKarstoft Holding ApS is no longer registered as owner
- OwnershipMorph Capital V ApS is no longer registered as owner
202436 changesmanagement 11 · address 1 · capital 2 · ownership 21 · accounts 1
- ManagementMark Dennis Aalborg appointed ceo
- ManagementChristian von Bülow Elkrog stepped down as ceo
- AddressMoved to Sortedam Dossering 55, 2100 København Ø
- CapitalShare capital changed from 198,176 DKK to 407,850 DKK
- ManagementJens Karstoft stepped down as board member
- ManagementOliver Kofoed Pedersen stepped down as board member
- ManagementLudvik Mar Ludviksson stepped down as board member
- ManagementChristian von Bülow Elkrog stepped down as chair of the board
- ManagementAlgirdas Žarkaitis stepped down as board member
- OwnershipOK VENTURES ApS registered as owner (15%)
- OwnershipBifrost Studios L.L.C-FZ registered as owner (33.33%)
- OwnershipKarstoft Holding ApS registered as owner (20%)
- OwnershipAlgirdas Zarkaitis is no longer registered as owner
- OwnershipCVBE ApS is no longer registered as owner
- OwnershipLFGEC ApS is no longer registered as owner
- OwnershipDaniel Barry Holding ApS is no longer registered as owner
- OwnershipKarstoft Holding ApS is no longer registered as owner
- OwnershipOK VENTURES ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 118,176 DKK to 198,176 DKK
- ManagementJens Karstoft appointed board member
- ManagementOliver Kofoed Pedersen appointed board member
- ManagementLudvik Mar Ludviksson appointed board member
- ManagementMarie von Bülow Elkrog stepped down as board member
- OwnershipKarstoft Holding ApS registered as owner (25%)
- OwnershipAlgirdas Zarkaitis registered as owner (5%)
- OwnershipMorph Capital V ApS registered as owner (5%)
- OwnershipCVBE ApS registered as owner (10%)
- OwnershipLFGEC ApS registered as owner (5%)
- OwnershipOK VENTURES ApS registered as owner (20%)
- OwnershipTubiga ApS is no longer registered as owner
- OwnershipLudvik Mar Ludviksson is no longer registered as owner
- OwnershipCVBE ApS is no longer registered as owner
- OwnershipAlgirdas Zarkaitis is no longer registered as owner
- OwnershipMorph Capital V ApS is no longer registered as owner
- OwnershipKarstoft Holding ApS is no longer registered as owner
202334 changescapital 2 · ownership 23 · address 3 · name 1 · founded 1 · management 4
- CapitalShare capital changed from 99,750 DKK to 118,176 DKK
- OwnershipCVBE ApS registered as owner (20%)
- OwnershipTubiga ApS registered as owner (10%)
- OwnershipCVBE ApS is no longer registered as owner
- OwnershipTubiga ApS is no longer registered as owner
- CapitalShare capital changed from 65,340 DKK to 99,750 DKK
- OwnershipLudvik Mar Ludviksson registered as owner (5%)
- OwnershipAlgirdas Zarkaitis registered as owner (10%)
- OwnershipMorph Capital V ApS registered as owner (10%)
- OwnershipDaniel Barry Holding ApS registered as owner (5%)
- OwnershipCVBE ApS registered as owner (25%)
- OwnershipTubiga ApS registered as owner (5%)
- OwnershipKarstoft Holding ApS registered as owner (5%)
- OwnershipPaulius Zilys is no longer registered as owner
- OwnershipAlgirdas Zarkaitis is no longer registered as owner
- OwnershipDaniel Barry Holding ApS is no longer registered as owner
- OwnershipCVBE ApS is no longer registered as owner
- OwnershipLudvik Mar Ludviksson is no longer registered as owner
- OwnershipCvZB Holding ApS is no longer registered as owner
- AddressMoved to Guldborgvej 25, 2000 Frederiksberg
- AddressMoved to Valby Langgade 23, 1. tv, 2500 Valby
- NameName changed from Wabo 2023 ApS to Harba Systems ApS
- AddressMoved to Skelmosevej 10, 3. th, 2500 Valby
- FoundedRegistered as Wabo 2023 ApS
- ManagementMarie von Bülow Elkrog appointed board member
- ManagementChristian von Bülow Elkrog appointed ceo
- ManagementChristian von Bülow Elkrog appointed chair of the board
- ManagementAlgirdas Žarkaitis appointed board member
- OwnershipCvZB Holding ApS registered as owner (10%)
- OwnershipAlgirdas Zarkaitis registered as owner (15%)
- OwnershipPaulius Zilys registered as owner (5%)
- OwnershipDaniel Barry Holding ApS registered as owner (10%)
- OwnershipCVBE ApS registered as owner (33.33%)
- OwnershipLudvik Mar Ludviksson registered as owner (10%)
Related companies
Same industry in København
- Simcorp A/S634 employees
- Visma e-conomic A/S456 employees
- PowerMatch ApS333 employees
- Sap Danmark A/S266 employees
- Better Collective A/S152 employees
- Planday A/S150 employees
Same people in management
- Poster & Frame Art Group ApSvia Jens Karstoft
- Neurons Inc. ApSvia Jens Karstoft
- Lisen.dk A/Svia Oliver Kofoed Pedersen
- Roccamore ApSvia Jens Karstoft
- Monsido ApSvia Jens Karstoft
- hococo ApSvia Oliver Kofoed Pedersen
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.