Leapwork ApS
Private limited companyCVR 36924225København ØActive
Leapwork ApS is a private limited company, based in København Ø, active in other software publishing, founded in 2015. Equity was negative at the end of 2025 (−DKK 10.7m). The company made a loss in both 2024 and 2025, most recently DKK 20.2m. With 15 employees, the company is about 4 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 16% (2024 → 2025), to DKK 17.5m.
- The loss got smaller: from DKK 31.5m to DKK 20.2m (2024 → 2025).
- Equity turned negative: −DKK 10.7m (2024 → 2025).
Employees
- 8 fewer employees than a year earlier: 15 (07/2026) against 23 (07/2025).
Management and owners, last 24 months
- New in management: Kenneth Louis Ziegler (ceo, 19/05/2026) and Kenneth Louis Ziegler (board member, 19/05/2026).
- Stepped down: Claus Michael Rosenkrantz Topholt (board member, 19/05/2026), Christian Brink Frederiksen (ceo, 19/05/2026) and Claus Michael Rosenkrantz Topholt (director, 19/05/2026) (+4).
- New owners registered: Leapwork Holding ApS (01/09/2026), Topholt Solutions A/S (11/09/2025) and DN Capital - Global Venture Capital V SCSp (11/09/2025) (+1).
- No longer registered as owner: TOKARA Ventures ApS (25/03/2026), Topholt Solutions A/S (10/09/2025) and Anpartsselskabet af 2. Juni 2010 (25/03/2026) (+7).
Registrations, last 24 months
- 01/09/2026: Share capital changed from 1,661,423 DKK to 1,661,523 DKK
- 26/03/2026: Share capital changed from 1,541,598 DKK to 1,661,423 DKK
- 29/09/2025: Moved to Indiakaj 1, 2100 København Ø
- 13/12/2024: Share capital changed from 1,540,475 DKK to 1,541,598 DKK
- 06/11/2024: Moved to Store Kongensgade 72C, 1264 København K
- 01/11/2024: Share capital changed from 1,540,075 DKK to 1,540,475 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 8,611 | 622 | 39,936 | 8,889 | 15,134 | 17,519 | +15.8% |
| Operating profit (EBIT) | −25,772 | −89,385 | −162,124 | −28,201 | −29,881 | −19,577 | +34.5% |
| Profit before tax | −26,783 | −75,344 | −138,547 | −28,175 | −30,601 | −20,745 | +32.2% |
| Net profit | −23,433 | −75,980 | −142,091 | −28,894 | −31,493 | −20,246 | +35.7% |
| Total assets | 70,146 | 420,434 | 296,174 | 65,726 | 45,785 | 45,592 | −0.4% |
| Equity | 30,761 | 337,789 | 195,072 | 40,883 | 8,277 | −10,665 | −228.8% |
| Liabilities | 39,385 | 82,646 | 99,505 | 24,843 | 37,508 | 56,257 | +50% |
| Cash and cash equivalents | 5,109 | 356,373 | 166,821 | 7,357 | 6,458 | 11,092 | +71.7% |
| Average number of employees | 39 | 127 | 212 | 304 | 349 | 268 | −23.2% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 10.7m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/06/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 17/05/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 27/06/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 19/07/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 05/07/2021 | 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. 1,873of 69,742 Better than 97% | No. 69,610of 69,964 Better than 1% |
| Same industry and fewer than 20 employees406 companies in the comparison | No. 26of 404 Better than 94% | No. 390of 406 Better than 4% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 2,371of 33,579 Better than 93% | No. 33,364of 33,678 Better than 1% |
| All companies of type ApS66,508 companies in the comparison | No. 2,934of 66,379 Better than 96% | No. 66,152of 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
Other software publishing- Leapwork ApSDKK 17.5m
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Leapwork ApS−DKK 20.2m
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- Leapwork ApS−DKK 10.7m
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- Leapwork ApS15
- 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- Leapwork Holding ApS90%
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kenneth Louis Ziegler | CEO | 19/05/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Christian Brink Frederiksen | Chair of the board | 02/08/2021 |
| Kenneth Louis Ziegler | Board member | 19/05/2026 |
- Founders
- Topholt Solutions A/S
Former management (17)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Orla Topholt | Chair of the board | 05/06/2015 | 08/02/2017 |
| Claus Michael Rosenkrantz Topholt | Board member | 05/06/2015 | 19/05/2026 |
| Christian Brink Frederiksen | CEO | 05/06/2015 | 19/05/2026 |
| Christian Brink Frederiksen | Board member | 05/06/2015 | 01/08/2021 |
| Henrik Wilsbech Lottrup | Chair of the board | 09/02/2017 | 10/01/2019 |
| Orla Topholt | Board member | 09/02/2017 | 11/01/2019 |
| Henrik Wilsbech Lottrup | Board member | 11/01/2019 | 05/08/2019 |
| Claus Michael Rosenkrantz Topholt | Director | 11/01/2019 | 19/05/2026 |
| Christian Miele | Board member | 11/01/2019 | 02/08/2021 |
| Massimo Giovanni Prelz Oltramonti | Board member | 11/01/2019 | 24/03/2021 |
| Massimo Giovanni Prelz Oltramonti | Chair of the board | 25/03/2021 | 02/08/2021 |
| Thomas Pierre Jean Rubens | Board member | 25/03/2021 | 19/05/2026 |
| Christopher Vik | Board member | 02/08/2021 | 27/07/2022 |
| Ganna Vershebeniuk | Board member | 02/08/2021 | 25/04/2024 |
| Patrick Joesph Devine | Board member | 02/08/2021 | 19/05/2026 |
| Norman Louis Shipley | Board member | 29/08/2023 | 12/09/2025 |
| Christian Miele | Board member | 25/04/2024 | 19/05/2026 |
Signing rule: Selskabet tegnes af et bestyrelsesmedlem og en direktør i forening eller af alle bestyrelsesmedlemmer i forening
Address and production units
1 active production unitsIndiakaj 1
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (4)
- WOMBO Games ApSComputer programming activities
- HG Machines ApSWholesale of mining, construction and civil engineering machinery
- F. Cordsen Ejendomme A/SOther renting of housing
- 5P Athletes & Brands ApSOther sports activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Leapwork ApS | Indiakaj 1, 2100 København Ø | 15 | 1020489975 |
Purpose
Selskabets formål er at udvikle og sælge produkter og services til kvalitetstests af softwareudvikling samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
124 registered events202621 changescapital 2 · ownership 10 · accounts 1 · management 8
- CapitalShare capital changed from 1,661,423 DKK to 1,661,523 DKK
- OwnershipLeapwork Holding ApS registered as owner (90%)
- OwnershipLeapwork Holding ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
- ManagementKenneth Louis Ziegler appointed ceo
- ManagementKenneth Louis Ziegler appointed board member
- ManagementChristian Miele stepped down as board member
- ManagementPatrick Joesph Devine stepped down as board member
- ManagementThomas Pierre Jean Rubens stepped down as board member
- ManagementClaus Michael Rosenkrantz Topholt stepped down as director
- ManagementClaus Michael Rosenkrantz Topholt stepped down as board member
- ManagementChristian Brink Frederiksen stepped down as ceo
- CapitalShare capital changed from 1,541,598 DKK to 1,661,423 DKK
- OwnershipLeapwork Holding ApS registered as owner (100%)
- OwnershipTOPHOLT SOLUTIONS A/S is no longer registered as owner
- OwnershipDN Capital - Global Venture Capital V SCSp is no longer registered as owner
- OwnershipDN Capital - Global Venture Capital IV LP is no longer registered as owner
- Ownershipe.ventures Europe V GmbH & Co. KG is no longer registered as owner
- OwnershipANPARTSSELSKABET AF 2. JUNI 2010 is no longer registered as owner
- OwnershipLEXTINGTON VEHICLE S.C.SP is no longer registered as owner
- OwnershipTOKARA Ventures ApS is no longer registered as owner
20257 changesaddress 1 · management 1 · ownership 4 · accounts 1
- AddressMoved to Indiakaj 1, 2100 København Ø
- ManagementNorman Louis Shipley stepped down as board member
- OwnershipTOPHOLT SOLUTIONS A/S registered as owner (10%)
- OwnershipDN Capital - Global Venture Capital V SCSp registered as owner (5%)
- OwnershipDN Capital - Global Venture Capital V SCSp is no longer registered as owner
- OwnershipTOPHOLT SOLUTIONS A/S is no longer registered as owner
- AccountsAnnual report for 2024 published
20248 changescapital 4 · address 1 · accounts 1 · management 2
- CapitalShare capital changed from 1,540,475 DKK to 1,541,598 DKK
- AddressMoved to Store Kongensgade 72C, 1264 København K
- CapitalShare capital changed from 1,540,075 DKK to 1,540,475 DKK
- CapitalShare capital changed from 1,539,875 DKK to 1,540,075 DKK
- CapitalShare capital changed from 1,539,425 DKK to 1,539,875 DKK
- AccountsAnnual report for 2023 published
- ManagementChristian Miele appointed board member
- ManagementGanna Vershebeniuk stepped down as board member
202320 changescapital 3 · address 2 · management 1 · ownership 13 · accounts 1
- CapitalShare capital changed from 1,539,375 DKK to 1,539,425 DKK
- AddressMoved to Store Kongensgade 72C, 1264 København K
- CapitalShare capital changed from 1,168,934 DKK to 1,539,375 DKK
- ManagementNorman Louis Shipley appointed board member
- OwnershipDN Capital - Global Venture Capital V SCSp registered as owner (5%)
- OwnershipTOPHOLT SOLUTIONS A/S registered as owner (15%)
- OwnershipDN Capital - Global Venture Capital IV LP registered as owner (10%)
- Ownershipe.ventures Europe V GmbH & Co. KG registered as owner (5%)
- OwnershipANPARTSSELSKABET AF 2. JUNI 2010 registered as owner (10%)
- OwnershipLEXTINGTON VEHICLE S.C.SP registered as owner (25%)
- OwnershipTOKARA Ventures ApS registered as owner (5%)
- OwnershipDN Capital - Global Venture Capital IV LP is no longer registered as owner
- OwnershipTOPHOLT SOLUTIONS A/S is no longer registered as owner
- OwnershipANPARTSSELSKABET AF 2. JUNI 2010 is no longer registered as owner
- Ownershipe.ventures Europe V GmbH & Co. KG is no longer registered as owner
- OwnershipLEXTINGTON VEHICLE S.C.SP is no longer registered as owner
- OwnershipTOKARA Ventures ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 1,165,299 DKK to 1,168,934 DKK
- AddressMoved to Store Kongensgade 72, 1264 København K
20223 changesmanagement 1 · accounts 1 · capital 1
- ManagementChristopher Vik stepped down as board member
- AccountsAnnual report for 2021 published
- CapitalShare capital changed from 1,163,599 DKK to 1,165,299 DKK
202126 changescapital 4 · management 10 · ownership 10 · name 1 · accounts 1
- CapitalShare capital changed from 1,159,619 DKK to 1,163,599 DKK
- CapitalShare capital changed from 903,282 DKK to 1,159,619 DKK
- ManagementGanna Vershebeniuk appointed board member
- ManagementChristian Brink Frederiksen appointed chair of the board
- ManagementPatrick Joesph Devine appointed board member
- ManagementChristopher Vik appointed board member
- ManagementMassimo Giovanni Prelz Oltramonti stepped down as chair of the board
- ManagementChristian Miele stepped down as board member
- OwnershipDN Capital - Global Venture Capital IV LP registered as owner (10%)
- OwnershipTOPHOLT SOLUTIONS A/S registered as owner (20%)
- OwnershipANPARTSSELSKABET AF 2. JUNI 2010 registered as owner (15%)
- Ownershipe.ventures Europe V GmbH & Co. KG registered as owner (10%)
- OwnershipLEXTINGTON VEHICLE S.C.SP registered as owner (15%)
- OwnershipLottrup & Co A/S is no longer registered as owner
- ManagementChristian Brink Frederiksen stepped down as board member
- Ownershipe.ventures Europe V GmbH & Co. KG is no longer registered as owner
- OwnershipDN Capital - Global Venture Capital IV LP is no longer registered as owner
- OwnershipTOPHOLT SOLUTIONS A/S is no longer registered as owner
- OwnershipANPARTSSELSKABET AF 2. JUNI 2010 is no longer registered as owner
- NameName changed from Leapwork A/S to Leapwork ApS
- AccountsAnnual report for 2020 published
- CapitalShare capital changed from 902,157 DKK to 903,282 DKK
- CapitalShare capital changed from 899,157 DKK to 902,157 DKK
- ManagementMassimo Giovanni Prelz Oltramonti appointed chair of the board
- ManagementThomas Pierre Jean Rubens appointed board member
- ManagementMassimo Giovanni Prelz Oltramonti stepped down as board member
201911 changesmanagement 7 · address 1 · capital 1 · ownership 2
- ManagementHenrik Wilsbech Lottrup stepped down as board member
- AddressMoved to Esplanaden 8C, 1263 København K
- CapitalShare capital changed from 645,834 DKK to 899,157 DKK
- ManagementHenrik Wilsbech Lottrup appointed board member
- ManagementMassimo Giovanni Prelz Oltramonti appointed board member
- ManagementChristian Miele appointed board member
- ManagementClaus Michael Rosenkrantz Topholt appointed director
- ManagementOrla Topholt stepped down as board member
- Ownershipe.ventures Europe V GmbH & Co. KG registered as owner (10%)
- OwnershipDN Capital - Global Venture Capital IV LP registered as owner (10%)
- ManagementHenrik Wilsbech Lottrup stepped down as chair of the board
20182 changescapital 1 · name 1
- CapitalShare capital changed from 606,062 DKK to 645,834 DKK
- NameName changed from LeapTest A/S to Leapwork A/S
201715 changescapital 2 · ownership 8 · address 2 · management 3
- CapitalShare capital changed from 590,910 DKK to 606,062 DKK
- OwnershipTOKARA Ventures ApS registered as owner (5%)
- OwnershipTOKARA Ventures ApS is no longer registered as owner
- OwnershipHenrik Wilsbech Lottrup registered as owner (10%)
- OwnershipHenrik Wilsbech Lottrup is no longer registered as owner
- AddressMoved to Nitivej 10, 2000 Frederiksberg
- AddressMoved to Fruebjergvej 3, 2100 København Ø
- CapitalShare capital changed from 500,000 DKK to 590,910 DKK
- ManagementOrla Topholt appointed board member
- ManagementHenrik Wilsbech Lottrup appointed chair of the board
- OwnershipTOKARA Ventures ApS registered as owner (5%)
- OwnershipTOPHOLT SOLUTIONS A/S registered as owner (25%)
- OwnershipLottrup & Co A/S registered as owner (5%)
- ManagementOrla Topholt stepped down as chair of the board
- OwnershipTOPHOLT SOLUTIONS A/S is no longer registered as owner
20161 changeaddress 1
- AddressMoved to Strandvejen 60, 2900 Hellerup
201510 changesindustry 1 · founded 1 · management 4 · ownership 4
- IndustryIndustry changed to Other software publishing (582900)
- FoundedRegistered as LeapTest A/S
- ManagementClaus Michael Rosenkrantz Topholt appointed board member
- ManagementChristian Brink Frederiksen appointed board member
- ManagementChristian Brink Frederiksen appointed ceo
- ManagementOrla Topholt appointed chair of the board
- OwnershipTOPHOLT SOLUTIONS A/S registered as owner (50%)
- OwnershipANPARTSSELSKABET AF 2. JUNI 2010 registered as owner (25%)
- OwnershipOrla Topholt registered as owner (10%)
- OwnershipOrla Topholt is no longer registered as owner
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
- Fellowmind Denmark A/Svia Claus Michael Rosenkrantz Topholt
- Kelsen Group A/Svia Orla Topholt
- Bisca A/Svia Orla Topholt
- Gavefabrikken A/Svia Henrik Wilsbech Lottrup
- Languagewire A/Svia Henrik Wilsbech Lottrup
- BoxNow ApSvia Henrik Wilsbech Lottrup
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.