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itm8 A/S

Public limited companyCVR 27001092HerningActive

itm8 A/S is a public limited company, based in Herning, active in it infrastructure, data processing, hosting and related activities, founded in 2003. The company went from a profit in 2024 to a loss of DKK 29.5m in 2025. Measured by gross profit, it ranks no. 3 of 213 companies in the industry in the database. Operations are spread over 17 production units in 13 towns.

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Key figures · financial year 2025

RevenueDKK 2.1bn+34.5% vs. 2024
Net profit−DKK 29.5m−132.3% vs. 2024
EquityDKK 1.3bn+469.8% vs. 2024
Employees986latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 44% (2024 → 2025), to DKK 987.9m.
  • Revenue rose 34% (2024 → 2025), to DKK 2.1bn.
  • Net profit went from a profit of DKK 91.3m to a loss of DKK 29.5m (2024 → 2025).
  • Equity rose 470% (2024 → 2025), to DKK 1.3bn.

Employees

  • 133 more employees than a year earlier: 986 (07/2026) against 853 (07/2025).

Management and owners, last 24 months

  • New in management: Mark Johnston (board member, 01/04/2025), Kasper Buch Roy (director, 01/04/2025) and Henrik Vestergaard Kastbjerg (deputy chair, 01/05/2025) (+7).
  • Stepped down: Henrik Vestergaard Kastbjerg (board member, 30/04/2025), Henrik Vestergaard Kastbjerg (ceo, 01/05/2025) and Frank Stensballe Vium (chair of the board, 30/04/2025) (+6).
  • New owners registered: ITM8 TopCo ApS (01/01/2026).
  • No longer registered as owner: ITM8 Holding A/S (01/01/2026).

Registrations, last 24 months

  • 01/03/2026: Merger registered in CVR
  • 01/01/2026: Merger registered in CVR
  • 01/10/2025: Merger registered in CVR
  • 01/10/2025: Share capital changed from 1,600,000 DKK to 1,700,000 DKK
  • 01/06/2025: Merger registered in CVR
  • 01/06/2025: Share capital changed from 1,500,000 DKK to 1,600,000 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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 200mDKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bn202020212022202320242025
EquityNet profit
Financial figures for itm8 A/S
202020212022202320242025Change
Revenue641,128961,6911,009,3251,030,0171,564,7102,104,002+34.5%
Gross profit353,073491,466472,801450,029684,655987,870+44.3%
Operating profit (EBIT)81,77922,57429,669108,285120,528−12,252−110.2%
Profit before tax80,00417,27925,246107,746117,887−22,211−118.8%
Net profit62,12737,90816,86983,44391,307−29,481−132.3%
Total assets180,200315,856341,827413,615613,2232,435,236+297.1%
Equity36,24561,00293,885160,328226,2611,289,252+469.8%
Liabilities143,955249,762247,942253,287386,962943,811+143.9%
Cash and cash equivalents31,0283,5711,4834,5981,939319,807+16,393.4%
Average number of employees480682–4747761,134+46.1%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bn202020212022202320242025
Gross profitMedian, the industry (214 companies)

Annual reports

6 financial years
Annual reports for itm8 A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/08/2023The companyPDFXBRL
202101/01/2021 – 31/12/202109/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202009/07/2021The 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
02004006008001,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

214 companies in the database

Comparison with the other companies in it infrastructure, data processing, hosting and related activities based on the latest financial year.

Gross profitDKK 987.9mNo. 3 of 213
Better than 99% of the companies in the industry
EquityDKK 1.3bnNo. 4 of 214
Better than 99% of the companies in the industry
Number of employees986No. 2 of 214
Better than 100% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 274k, equity DKK 1.9m, 5 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 166.8mDKK 867.6mHere
Distribution of gross profit for 195 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 500–999 employees207 companies in the comparison
No. 26of 189
Better than 87%
No. 37of 207
Better than 83%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 54of 24,791
Better than 100%
No. 167of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 149of 17,786
Better than 99%
No. 332of 18,024
Better than 98%

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

IT infrastructure, data processing, hosting and related activities
Gross profit
  1. itm8 A/SDKK 987.9m
  2. Cassin Networks ApSDKK 2bn
  3. Dapsi International ApSDKK 1bn
Net profit
  1. itm8 A/S−DKK 29.5m
  2. Cassin Networks ApSDKK 184.1m
  3. Dapsi International ApSDKK 33.1m
Equity
  1. itm8 A/SDKK 1.3bn
  2. Cassin Networks ApSDKK 16.5bn
  3. Dapsi International ApSDKK 4.5bn
Employees
  1. itm8 A/S986
  2. Cassin Networks ApS64
  3. Dapsi International ApS49

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
  • ITM8 TopCo ApS100%
itm8 A/S

Management

7 active registrations

Executive management

Executive management at itm8 A/S
NameRoleAppointed
Kasper Buch RoyDirector01/04/2025
Christian Michael IngerslevCEO01/09/2025

Board of directors

Board of directors at itm8 A/S
NameRoleAppointed
Dirk Leonidas DidascalouBoard member23/08/2024
Mark JohnstonBoard member01/04/2025
Henrik Vestergaard KastbjergDeputy chair01/05/2025
Frank Stensballe ViumChair of the board01/09/2025
Christian Bamberger BroDeputy chair01/09/2025
Founders
Anpartsselskabet Stakemann
Former management (38)
Former management at itm8 A/S
NameRoleAppointedResigned
Kim MadsenChair of the board30/01/200320/02/2003
Annemette HellerCEO30/01/200320/02/2003
Henrik Vestergaard KastbjergBoard member20/02/200304/10/2022
Carsten SørensenDirector20/02/200310/05/2004
Henrik Vestergaard KastbjergDirector10/05/200426/06/2016
Jens Peter BørstingBoard member10/05/200427/06/2016
Niels VestergaardBoard member10/05/200427/06/2016
Henning KruseBoard member10/05/200430/06/2005
Bjarke SøgaardBoard member30/06/200516/02/2009
Claus DalgaardBoard member30/06/200507/12/2011
Claus Fedder SørensenBoard member14/03/201205/02/2016
Poul SandChair of the board19/09/201227/06/2016
Carsten SørensenBoard member19/09/201230/03/2015
Per ThimmBoard member11/10/201227/06/2016
Bo Boulund KnudsenBoard member30/03/201527/06/2016
Henrik Vestergaard KastbjergCEO27/06/201605/10/2022
Steffen Kjeld ThomsenChair of the board27/06/201631/08/2018
Joel Allen RussBoard member27/06/201630/06/2016
Kurt Rodtborg LauritsenBoard member01/07/201621/03/2018
Joel Allen RussDeputy chair01/07/201631/08/2018
Jacob Sjørslev FrandsenBoard member21/03/201831/08/2018
Stig BundgaardBoard member31/08/201813/06/2022
Mikael KjærgaardBoard member31/08/201804/10/2022
Nicholas JordanBoard member31/08/201805/10/2022
Henrik Vestergaard KastbjergChair of the board05/10/202222/08/2024
Claus Fedder SørensenBoard member05/10/202223/08/2024
Brian SørensenDirector05/10/202221/02/2024
Mikael KjærgaardDeputy chair05/10/202223/08/2024
Jesper LarsenCEO15/11/202323/08/2024
Henrik Vestergaard KastbjergBoard member23/08/202430/04/2025
Henrik Vestergaard KastbjergCEO23/08/202401/05/2025
Frank Stensballe ViumChair of the board23/08/202430/04/2025
Christian Bamberger BroDeputy chair23/08/202430/04/2025
Mikael KjærgaardDirector23/08/202407/01/2025
Søren Egeberg PetersenDirector07/01/202501/04/2025
Frank Stensballe ViumBoard member01/05/202531/08/2025
Frank Stensballe ViumCEO01/05/202501/09/2025
Christian Bamberger BroChair of the board01/05/202531/08/2025

Signing rule: Selskabet tegnes af den administrerende direktør i forening med et medlem af bestyrelsen, af to direktører i forening, eller af den samlede bestyrelse.

Address and production units

17 active production units

Dalgas Plads 7B
7400 Herning

Herning Municipality · Postcode 7400

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
itm8 A/SSøndervangs Allé 20, 8260 Viby J2961022239011
itm8 A/STonsbakken 16, 2, 2740 Skovlunde2001029630786
itm8 A/SDalgas Plads 7B, 1. 2, 7400 Herning1951009685517
Itm8 A/SSundkrogsgade 11, 2100 København Ø1131030577732
Itm8 A/SMiddelfartvej 218, 5200 Odense V641030448517
itm8 A/SSkibsbyggerivej 5, st, 9000 Aalborg591032324343
itm8 A/SIndkildevej 6A, 1, 9210 Aalborg SØ431023493590
itm8 A/SKolding Åpark 8A, 6000 Kolding341024944928
itm8 A/SIdyl 9A, Tved, 6000 Kolding311023205277
Itm8 A/SLindevej 8, 6710 Esbjerg V221030439445
Itm8 A/SGugvej 128, 9210 Aalborg SØ161030448533
itm8 A/SNr. Lyndelse Vej 2, 5260 Odense S21023205307
IT Relation A/SBjørnholms Allé 30, 8260 Viby J11024798506
Itm8 A/SAlsvej 21, 8940 Randers SV11030448525
itm8 A/SHøjbovej 1B, 8600 Silkeborg11025252485

Showing 15 of 17 units (sorted by employees).

Purpose

Selskabets formål er salg og rådgivning indenfor IT samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

144 registered events
20265 changesaccounts 1 · merger 2 · ownership 2
  • Annual report for 2025 published
  • Merger registered in CVR
  • ITM8 TopCo ApS registered as owner (100%)
  • ITM8 Holding A/S is no longer registered as owner
  • Merger registered in CVR
202525 changescapital 2 · merger 2 · management 19 · accounts 1 · industry 1
  • Share capital changed from 1,600,000 DKK to 1,700,000 DKK
  • Merger registered in CVR
  • Frank Stensballe Vium appointed chair of the board
  • Christian Michael Ingerslev appointed ceo
  • Christian Bamberger Bro appointed deputy chair
  • Frank Stensballe Vium stepped down as ceo
  • Frank Stensballe Vium stepped down as board member
  • Christian Bamberger Bro stepped down as chair of the board
  • Annual report for 2024 published
  • Share capital changed from 1,500,000 DKK to 1,600,000 DKK
  • Merger registered in CVR
  • Frank Stensballe Vium appointed board member
  • Henrik Vestergaard Kastbjerg appointed deputy chair
  • Christian Bamberger Bro appointed chair of the board
  • Frank Stensballe Vium appointed ceo
  • Henrik Vestergaard Kastbjerg stepped down as ceo
  • Frank Stensballe Vium stepped down as chair of the board
  • Christian Bamberger Bro stepped down as deputy chair
  • Henrik Vestergaard Kastbjerg stepped down as board member
  • Mark Johnston appointed board member
  • Kasper Buch Roy appointed director
  • Søren Egeberg Petersen stepped down as director
  • Søren Egeberg Petersen appointed director
  • Mikael Kjærgaard stepped down as director
  • Industry changed to IT infrastructure, data processing, hosting and related activities (631000)
202422 changescapital 4 · merger 4 · management 11 · accounts 1 · name 2
  • Share capital changed from 1,400,000 DKK to 1,500,000 DKK
  • Merger registered in CVR
  • Share capital changed from 1,300,000 DKK to 1,400,000 DKK
  • Merger registered in CVR
  • Frank Stensballe Vium appointed chair of the board
  • Mikael Kjærgaard appointed director
  • Christian Bamberger Bro appointed deputy chair
  • Dirk Leonidas Didascalou appointed board member
  • Henrik Vestergaard Kastbjerg appointed ceo
  • Henrik Vestergaard Kastbjerg appointed board member
  • Jesper Larsen stepped down as ceo
  • Mikael Kjærgaard stepped down as deputy chair
  • Claus Fedder Sørensen stepped down as board member
  • Henrik Vestergaard Kastbjerg stepped down as chair of the board
  • Annual report for 2023 published
  • Share capital changed from 1,200,000 DKK to 1,300,000 DKK
  • Merger registered in CVR
  • Name changed from ITM8 A/S to itm8 A/S
  • Name changed from itm8 | IT Relation A/S to ITM8 A/S
  • Share capital changed from 1,100,000 DKK to 1,200,000 DKK
  • Merger registered in CVR
  • Brian Sørensen stepped down as director
20234 changesname 1 · management 1 · accounts 1 · merger 1
  • Name changed from IT RELATION A/S to itm8 | IT Relation A/S
  • Jesper Larsen appointed ceo
  • Annual report for 2022 published
  • Merger registered in CVR
202210 changesmanagement 9 · accounts 1
  • Henrik Vestergaard Kastbjerg appointed chair of the board
  • Brian Sørensen appointed director
  • Mikael Kjærgaard appointed deputy chair
  • Claus Fedder Sørensen appointed board member
  • Nicholas Jordan stepped down as board member
  • Henrik Vestergaard Kastbjerg stepped down as ceo
  • Mikael Kjærgaard stepped down as board member
  • Henrik Vestergaard Kastbjerg stepped down as board member
  • Stig Bundgaard stepped down as board member
  • Annual report for 2021 published
20213 changesaccounts 1 · capital 1 · merger 1
  • Annual report for 2020 published
  • Share capital changed from 1,012,000 DKK to 1,100,000 DKK
  • Merger registered in CVR
20192 changescapital 1 · merger 1
  • Share capital changed from 1,011,000 DKK to 1,012,000 DKK
  • Merger registered in CVR
201817 changesindustry 1 · address 2 · capital 3 · merger 3 · management 8
  • Industry changed to Databehandling, webhosting og lignende serviceydelser (631100)
  • Moved to Dalgas Plads 7B, 1. 2, 7400 Herning
  • Moved to Dalgas Plads 7B, 1, 7400 Herning
  • Share capital changed from 1,010,000 DKK to 1,011,000 DKK
  • Merger registered in CVR
  • Mikael Kjærgaard appointed board member
  • Stig Bundgaard appointed board member
  • Nicholas Jordan appointed board member
  • Jacob Sjørslev Frandsen stepped down as board member
  • Joel Allen Russ stepped down as deputy chair
  • Steffen Kjeld Thomsen stepped down as chair of the board
  • Share capital changed from 1,005,990 DKK to 1,010,000 DKK
  • Merger registered in CVR
  • Jacob Sjørslev Frandsen appointed board member
  • Kurt Rodtborg Lauritsen stepped down as board member
  • Share capital changed from 885,566 DKK to 1,005,990 DKK
  • Merger registered in CVR
20176 changescapital 3 · merger 3
  • Share capital changed from 748,347 DKK to 885,566 DKK
  • Merger registered in CVR
  • Share capital changed from 684,058 DKK to 748,347 DKK
  • Merger registered in CVR
  • Share capital changed from 507,500 DKK to 684,058 DKK
  • Merger registered in CVR
201616 changesmanagement 13 · ownership 2 · merger 1
  • Joel Allen Russ appointed deputy chair
  • Kurt Rodtborg Lauritsen appointed board member
  • Joel Allen Russ stepped down as board member
  • Henrik Vestergaard Kastbjerg appointed ceo
  • Joel Allen Russ appointed board member
  • Steffen Kjeld Thomsen appointed chair of the board
  • Bo Boulund Knudsen stepped down as board member
  • Per Thimm stepped down as board member
  • Poul Sand stepped down as chair of the board
  • Jens Peter Børsting stepped down as board member
  • Niels Vestergaard stepped down as board member
  • ITM8 Holding A/S registered as owner (100%)
  • Henrik Vestergaard Kastbjerg stepped down as director
  • ITG ApS is no longer registered as owner
  • Merger registered in CVR
  • Claus Fedder Sørensen stepped down as board member
20153 changesaddress 1 · management 2
  • Moved to Dalgas Plads 7B, 1, 7400 Herning
  • Bo Boulund Knudsen appointed board member
  • Carsten Sørensen stepped down as board member
20131 changeownership 1
  • ITG ApS registered as owner (90%)
20125 changescapital 1 · management 4
  • Share capital changed from 500,000 DKK to 507,500 DKK
  • Per Thimm appointed board member
  • Poul Sand appointed chair of the board
  • Carsten Sørensen appointed board member
  • Claus Fedder Sørensen appointed board member
20112 changesmanagement 1 · address 1
  • Claus Dalgaard stepped down as board member
  • Moved to Industrivej Syd 11, Birk, 7400 Herning
20091 changemanagement 1
  • Bjarke Søgaard stepped down as board member
20081 changeindustry 1
  • Industry changed to Konsulentbistand vedrørende informationsteknologi (620200)
20063 changesname 1 · capital 1 · address 1
  • Name changed from IT RELATION ApS to IT RELATION A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Moved to Virkelyst 82, Gjellerup, 7400 Herning
20053 changesmanagement 3
  • Claus Dalgaard appointed board member
  • Bjarke Søgaard appointed board member
  • Henning Kruse stepped down as board member
20045 changesmanagement 5
  • Jens Peter Børsting appointed board member
  • Henning Kruse appointed board member
  • Niels Vestergaard appointed board member
  • Henrik Vestergaard Kastbjerg appointed director
  • Carsten Sørensen stepped down as director
200310 changesindustry 1 · name 1 · address 1 · management 6 · founded 1
  • Industry changed to Research and experimental development on natural sciences and engineering (721000)
  • Name changed from ApS KBIL 38 NR. 2535 to IT RELATION ApS
  • Moved to Birk Centerpark 40, Birk, 7400 Herning
  • Carsten Sørensen appointed director
  • Henrik Vestergaard Kastbjerg appointed board member
  • Annemette Heller stepped down as ceo
  • Kim Madsen stepped down as chair of the board
  • Registered as ApS KBIL 38 NR. 2535
  • Annemette Heller appointed ceo
  • Kim Madsen appointed chair of the board

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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 23/10/2026.

View in CVRReport a correction