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InterCode ApS

Private limited companyCVR 31071739HorsensActive

InterCode ApS is a private limited company, based in Horsens, active in computer programming activities, founded in 2007. Equity was negative at the end of 2025 (−DKK 4.7m). The company made a loss in both 2024 and 2025, most recently DKK 4.8m. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 1.3m−197.6% vs. 2024
Net profit−DKK 4.8m−1,348.9% vs. 2024
Equity−DKK 4.7m−5,509.3% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 198% (2024 → 2025), to −DKK 1.3m.
  • The loss grew: from DKK 329k to DKK 4.8m (2024 → 2025).
  • Equity turned negative: −DKK 4.7m (2024 → 2025).

Employees

  • 2 more employees than a year earlier: 10 (08/2026) against 8 (08/2025).

Management and owners, last 24 months

  • New in management: Thomas Wiborg Steen (ceo, 20/12/2024).
  • Stepped down: Jacob Stengade (board member, 20/12/2024), Jacob Stengade (assistant director, 20/12/2024) and Kim Bleshøy Nielsen (ceo, 20/12/2024) (+2).
  • New owners registered: PayProff A/S (20/12/2024).
  • No longer registered as owner: Jacob Stengade (20/12/2024), Kim Bleshøy Nielsen (20/12/2024) and Mikkel Krautz (20/12/2024).

Registrations, last 24 months

  • 26/01/2026: Moved to Banegårdsgade 2, 8700 Horsens
  • 01/01/2025: Industry changed to Computer programming activities (621000)
  • 20/12/2024: Industry changed to Anden finansiel formidling undtagen forsikring og pensionsforsikring, i.a.n. (649900)
  • 20/12/2024: Name changed from INTERTISEMENT ApS to InterCode ApS

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 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1m202020212022202320242025
EquityNet profit
Financial figures for InterCode ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,9552,1362,1341,7611,342−1,310−197.6%
Operating profit (EBIT)−84245−70−351−4,684−1,234.6%
Profit before tax−9116−3−71−347−4,773−1,276.6%
Net profit−7311−177−68−329−4,773−1,348.9%
Total assets1,5801,6031,3671,065453995+119.4%
Equity98299281541687−4,686−5,509.3%
Liabilities5986115526493675,681+1,449.4%
Cash and cash equivalents1,0208621,304770299248−16.9%
Average number of employees444437+133.3%

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 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 1.5m−DKK 1m−DKK 500kDKK 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 4.7m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    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 InterCode ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202516/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202405/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202112/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/04/2021The 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 profit−DKK 1.3mNo. 1612 of 1,656
Better than 3% of the companies in the industry
Equity−DKK 4.7mNo. 1568 of 1,661
Better than 6% of the companies in the industry
Number of employees10No. 581 of 1,661
Better than 65% 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 428.6m
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. 68,937of 69,742
Better than 1%
No. 69,118of 69,964
Better than 1%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 1,328of 1,363
Better than 3%
No. 1,298of 1,365
Better than 5%
Companies that are between 15 and 29 years old24,906 companies in the comparison
No. 24,550of 24,787
Better than 1%
No. 24,629of 24,905
Better than 1%
All companies of type ApS66,508 companies in the comparison
No. 65,746of 66,379
Better than 1%
No. 65,658of 66,505
Better than 1%

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. InterCode ApS−DKK 1.3m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. InterCode ApS−DKK 4.8m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. InterCode ApS−DKK 4.7m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. InterCode 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
InterCode ApS

Management

1 active registrations

Executive management

Executive management at InterCode ApS
NameRoleAppointed
Thomas Wiborg SteenCEO20/12/2024
Founders
Tor Kindt Christensen, Jacob Stengade, Kim Bleshøy Nielsen, Forsknings-, Uddannelses- og Digitaliseringsministeriet, Syddansk Innovation ApS
Former management (14)
Former management at InterCode ApS
NameRoleAppointedResigned
Tor Kindt ChristensenBoard member16/11/200710/08/2009
Arne FredensBoard member16/11/200706/01/2009
Ivan TyrstedChair of the board16/11/200705/04/2017
Klaus HolmsbergBoard member10/08/200915/09/2011
Troels VognsenBoard member18/09/201224/03/2014
Claus Lindholm-OlsenBoard member18/09/201218/12/2012
Jacob StengadeBoard member24/03/201420/12/2024
Jacob StengadeAssistant director24/03/201420/12/2024
Kim Bleshøy NielsenBoard member24/03/201422/06/2023
Kim Bleshøy NielsenCEO24/03/201420/12/2024
Thomas Wiborg SteenChair of the board05/04/201723/06/2023
Niels Henrik Duevang JørgensenBoard member05/04/201723/06/2023
Mikkel KrautzBoard member23/06/202320/12/2024
Kim Bleshøy NielsenChair of the board23/06/202320/12/2024

Signing rule: Selskabet tegnes af en direktør.

Address and production units

2 active production units

Banegårdsgade 2
8700 Horsens

Horsens Municipality · Postcode 8700

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
InterCode ApSBanegårdsgade 2, 8700 Horsens101013807589
InterCode EsbjergTorvet 21, 6700 Esbjerg–1032070090

Purpose

Selskabets formål er at udvikle, implementere og varetage driften af software og andre hertil relaterede ydelser.

The purpose is quoted from the register in Danish.

Changes year by year

57 registered events
20262 changesaccounts 1 · address 1
  • Annual report for 2025 published
  • Moved to Banegårdsgade 2, 8700 Horsens
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Computer programming activities (621000)
202413 changesname 1 · industry 1 · management 6 · ownership 4 · accounts 1
  • Name changed from INTERTISEMENT ApS to InterCode ApS
  • Industry changed to Anden finansiel formidling undtagen forsikring og pensionsforsikring, i.a.n. (649900)
  • Thomas Wiborg Steen appointed ceo
  • Kim Bleshøy Nielsen stepped down as chair of the board
  • Mikkel Krautz stepped down as board member
  • Jacob Stengade stepped down as assistant director
  • Jacob Stengade stepped down as board member
  • Kim Bleshøy Nielsen stepped down as ceo
  • PayProff A/S registered as owner (100%)
  • Mikkel Krautz is no longer registered as owner
  • Jacob Stengade is no longer registered as owner
  • Kim Bleshøy Nielsen is no longer registered as owner
  • Annual report for 2023 published
20238 changesaccounts 1 · ownership 2 · management 5
  • Annual report for 2022 published
  • Mikkel Krautz registered as owner (10%)
  • KOMMUNIKATIONSFYRTÅRNET ApS is no longer registered as owner
  • Kim Bleshøy Nielsen appointed chair of the board
  • Mikkel Krautz appointed board member
  • Thomas Wiborg Steen stepped down as chair of the board
  • Niels Henrik Duevang Jørgensen stepped down as board member
  • Kim Bleshøy Nielsen stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changeaddress 1
  • Moved to Torvet 21, 6700 Esbjerg
20191 changeaddress 1
  • Moved to Kirkegade 6, 6700 Esbjerg
20175 changesownership 2 · management 3
  • KOMMUNIKATIONSFYRTÅRNET ApS registered as owner (33.33%)
  • Ivan Tyrsted is no longer registered as owner
  • Thomas Wiborg Steen appointed chair of the board
  • Niels Henrik Duevang Jørgensen appointed board member
  • Ivan Tyrsted stepped down as chair of the board
20146 changesmanagement 5 · industry 1
  • Jacob Stengade appointed assistant director
  • Jacob Stengade appointed board member
  • Kim Bleshøy Nielsen appointed board member
  • Kim Bleshøy Nielsen appointed ceo
  • Troels Vognsen stepped down as board member
  • Industry changed to Computerprogrammering (620100)
20123 changesmanagement 3
  • Claus Lindholm-Olsen stepped down as board member
  • Claus Lindholm-Olsen appointed board member
  • Troels Vognsen appointed board member
20111 changemanagement 1
  • Klaus Holmsberg stepped down as board member
20101 changeaddress 1
  • Moved to Kirkegade 6, 6700 Esbjerg
20094 changesmanagement 3 · address 1
  • Klaus Holmsberg appointed board member
  • Tor Kindt Christensen stepped down as board member
  • Moved to Kirkegade 10, 6700 Esbjerg
  • Arne Fredens stepped down as board member
20081 changeindustry 1
  • Industry changed to Anden it-servicevirksomhed (620900)
20077 changesfounded 1 · management 3 · ownership 3
  • Registered as INTERTISEMENT ApS
  • Arne Fredens appointed board member
  • Tor Kindt Christensen appointed board member
  • Ivan Tyrsted appointed chair of the board
  • Jacob Stengade registered as owner (33.33%)
  • Kim Bleshøy Nielsen registered as owner (33.33%)
  • Ivan Tyrsted registered as owner (10%)

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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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