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Ige+xao Nordic ApS

Private limited companyCVR 13266395BallerupActive

Ige+xao Nordic ApS is a private limited company, based in Ballerup, active in other software publishing, founded in 1989. With 15 employees, the company is about 4 times larger than the industry median. Equity fell to DKK 10.2m in 2025. Gross profit is higher than that of 90% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 30.1m+6% vs. 2024
Net profitDKK 7.1m−4.6% vs. 2024
EquityDKK 10.2m−15.9% vs. 2024
Employees15latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 6% (2024 → 2025), to DKK 30.1m.
  • Net profit fell 5% (2024 → 2025), to DKK 7.1m.
  • Equity fell 16% (2024 → 2025), to DKK 10.2m.

Employees

  • 6 fewer employees than a year earlier: 15 (08/2026) against 21 (08/2025).

Management and owners, last 24 months

  • New in management: Tanuj Khandelwal (ceo, 08/10/2026).
  • Stepped down: Michael Mahler (ceo, 08/10/2026).

Registrations, last 24 months

  • 19/12/2024: Merger registered in CVR
  • 19/12/2024: Share capital changed from 500,000 DKK to 600,000 DKK
  • 27/11/2024: Moved to Lautrupvang 1, 2750 Ballerup

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
EquityNet profit
Financial figures for Ige+xao Nordic ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,4598,5289,85614,72928,39330,106+6%
Operating profit (EBIT)1,5562,448132,6979,8579,046−8.2%
Profit before tax1,4892,339−502,5969,8399,076−7.7%
Net profit1,1621,807−722,0067,3977,059−4.6%
Total assets17,20516,66712,09112,86228,71133,627+17.1%
Equity7,6483,4543,3832,58812,18910,249−15.9%
Liabilities9,55013,2068,70210,26616,51423,379+41.6%
Cash and cash equivalents11,78911,8105,7405,02713,9884,507−67.8%
Average number of employees8811121719+11.8%

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Annual reports

6 financial years
Annual reports for Ige+xao Nordic ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202209/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202110/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202022/06/2021The 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
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

499 companies in the database

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

Gross profitDKK 30.1mNo. 50 of 494
Better than 90% of the companies in the industry
EquityDKK 10.2mNo. 93 of 499
Better than 82% of the companies in the industry
Number of employees15No. 85 of 499
Better than 83% of the companies in the industry

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

DKK 100kDKK 1.2mDKK 14.1mDKK 168.1mDKK 875.9mHere
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
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 880of 69,742
Better than 99%
No. 8,931of 69,964
Better than 87%
Same industry and fewer than 20 employees406 companies in the comparison
No. 8of 404
Better than 98%
No. 44of 406
Better than 89%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,139of 10,152
Better than 79%
No. 4,718of 10,275
Better than 54%
All companies of type ApS66,508 companies in the comparison
No. 1,434of 66,379
Better than 98%
No. 6,772of 66,505
Better than 90%

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
  1. Ige+xao Nordic ApSDKK 30.1m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Ige+xao Nordic ApSDKK 7.1m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Ige+xao Nordic ApSDKK 10.2m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Ige+xao Nordic ApS15
  2. Milestone Systems A/S531
  3. 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
Owners
  • Schneider Electric Energy Management Software France100%
Ige+xao Nordic ApS

Management

1 active registrations

Executive management

Executive management at Ige+xao Nordic ApS
NameRoleAppointed
Tanuj KhandelwalCEO08/10/2026
Founders
Morten Vange, Anni Kirsten Hansen, Dan Søborg
Former management (8)
Former management at Ige+xao Nordic ApS
NameRoleAppointedResigned
Morten VangeBoard member07/08/198916/01/2014
Morten VangeDirector07/08/198901/10/2001
Anni Kirsten HansenBoard member07/08/198917/06/2008
Dan SøborgBoard member07/08/198916/01/2014
Michael MahlerCEO01/10/200108/10/2026
Alain Joseph Di CrescenzoBoard member17/06/200801/09/2022
Charles Eric BaudronBoard member16/01/201401/09/2022
Robert Guy Hubertq GrezesBoard member16/01/201401/09/2022

Signing rule: Selskabet tegnes af 1 direktør.

Address and production units

1 active production units

Lautrupvang 1
2750 Ballerup

Ballerup Municipality · Postcode 2750

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
IGE+XAO NORDIC ApSLautrupvang 1, 2750 Ballerup151000532051

Purpose

Selskabets formål er salg af EDB-udstyr, konsulentvirksomhed, handel samt dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events
20263 changesmanagement 2 · accounts 1
  • Tanuj Khandelwal appointed ceo
  • Michael Mahler stepped down as ceo
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20244 changescapital 1 · merger 1 · address 1 · accounts 1
  • Share capital changed from 500,000 DKK to 600,000 DKK
  • Merger registered in CVR
  • Moved to Lautrupvang 1, 2750 Ballerup
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20227 changesname 1 · management 3 · accounts 1 · ownership 2
  • Name changed from IGE+XAO NORDIC A/S to IGE+XAO NORDIC ApS
  • Robert Guy Hubertq Grezes stepped down as board member
  • Charles Eric Baudron stepped down as board member
  • Alain Joseph Di Crescenzo stepped down as board member
  • Annual report for 2021 published
  • Schneider Electric Energy Management Software France registered as owner (100%)
  • Schneider Electric Energy Management Software France is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2020 published
20145 changesname 1 · management 4
  • Name changed from IGE+XAO DANMARK A/S to IGE+XAO NORDIC A/S
  • Robert Guy Hubertq Grezes appointed board member
  • Charles Eric Baudron appointed board member
  • Morten Vange stepped down as board member
  • Dan Søborg stepped down as board member
20131 changeownership 1
  • Schneider Electric Energy Management Software France registered as owner (100%)
20083 changesmanagement 2 · industry 1
  • Alain Joseph Di Crescenzo appointed board member
  • Anni Kirsten Hansen stepped down as board member
  • Industry changed to Other software publishing (582900)
20071 changeaddress 1
  • Moved to Bistrupvej 22, 3460 Birkerød
20031 changeindustry 1
  • Industry changed to Udvikling af standardsoftware (722100)
20013 changesname 1 · management 2
  • Name changed from CADDY DANMARK A/S to IGE+XAO DANMARK A/S
  • Michael Mahler appointed ceo
  • Morten Vange stepped down as director
20001 changeaddress 1
  • Moved to Bistrupvej 22, 3460 Birkerød
19971 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19895 changesfounded 1 · management 4
  • Registered as CADDY DANMARK A/S
  • Morten Vange appointed board member
  • Dan Søborg appointed board member
  • Anni Kirsten Hansen appointed board member
  • Morten Vange appointed director

Related companies

Same industry in Ballerup

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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 CVRReport a correction