Market Pay Nordic & Baltic ApS
Private limited companyCVR 42402257Kongens LyngbyActive
Market Pay Nordic & Baltic ApS is a private limited company, based in Kongens Lyngby, active in other activities auxiliary to financial services, except insurance and pension funding, founded in 2021. Measured by gross profit, it ranks no. 9 of 133 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 9.4m. With 32 employees, the company is about 8 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 fell 7% (2024 → 2025), to DKK 70.9m.
- The loss grew: from DKK 182k to DKK 9.4m (2024 → 2025).
- Equity fell 23% (2024 → 2025), to DKK 31.5m.
Employees
- 1 fewer employees than a year earlier: 32 (07/2026) against 33 (07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 8,937 | 61,210 | 70,219 | 76,228 | 70,905 | −7% |
| Operating profit (EBIT) | −5,879 | 10,711 | 14,497 | 9,359 | −4,976 | −153.2% |
| Profit before tax | −9,009 | 5,258 | 7,968 | 3,413 | −11,666 | −441.8% |
| Net profit | −9,009 | 5,258 | 7,591 | −182 | −9,418 | −5,063.5% |
| Total assets | 135,818 | 144,619 | 150,439 | 163,414 | 162,883 | −0.3% |
| Equity | 28,212 | 33,470 | 41,060 | 40,878 | 31,459 | −23% |
| Liabilities | 105,030 | 107,538 | 105,516 | 118,563 | 129,698 | +9.4% |
| Cash and cash equivalents | 8,479 | 15,267 | 12,507 | 11,736 | 6,758 | −42.4% |
| Average number of employees | 17 | 55 | 55 | 76 | 88 | +15.8% |
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 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 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 10/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 06/07/2023 | The company | PDFXBRL |
| 2021 | 20/05/2021 – 31/12/2021 | 27/07/2022 | 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
136 companies in the databaseComparison with the other companies in other activities auxiliary to financial services, except insurance and pension funding based on the latest financial year.
Industry median: gross profit DKK 3.2m, net profit DKK 326k, equity DKK 2.7m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 233of 9,892 Better than 98% | No. 1,140of 9,922 Better than 89% |
| Same industry and 20–49 employees14 companies in the comparison | No. 2of 14 Better than 92% | No. 2of 14 Better than 92% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 465of 33,588 Better than 99% | No. 1,687of 33,687 Better than 95% |
| All companies of type ApS66,508 companies in the comparison | No. 453of 66,379 Better than 99% | No. 3,051of 66,505 Better than 95% |
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 activities auxiliary to financial services, except insurance and pension funding- Market Pay Nordic & Baltic ApSDKK 70.9m
- BEC Financial Technologies a.m.b.a.DKK 2.1bn
- Mastercard Payment Services Denmark A/SDKK 609.7m
- Market Pay Nordic & Baltic ApS−DKK 9.4m
- BEC Financial Technologies a.m.b.a.DKK 39.7m
- Mastercard Payment Services Denmark A/SDKK 747m
- Market Pay Nordic & Baltic ApSDKK 31.5m
- BEC Financial Technologies a.m.b.a.DKK 1.4bn
- Mastercard Payment Services Denmark A/SDKK 1.5bn
- Market Pay Nordic & Baltic ApS32
- BEC Financial Technologies a.m.b.a.851
- Mastercard Payment Services Denmark A/S276
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Match Bidco SAS100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jacob Halvoring Kofoed Sørensen | CEO | 20/08/2021 |
| Frédéric Jean Pierre Mazurier | Director | 08/03/2023 |
- Auditor
- KPMG P/S
- Founders
- Match Bidco SAS
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Isabelle Jeanne Suzanne Clairac | CEO | 20/05/2021 | 26/05/2021 |
| Isabelle Jeanne Suzanne Clairac | Director | 27/05/2021 | 08/03/2023 |
| Frédéric Jean Pierre Mazurier | CEO | 27/05/2021 | 20/08/2021 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsLottenborgvej 24
2800 Kongens Lyngby
Lyngby-Taarbæk Municipality · Postcode 2800
Other companies at the address (8)
- CIBA Insurance Brokers P/SActivities of insurance agents and brokers
- ChrisMaS GiMichS ApSOther financial service activities n.e.c.
- Vich-m 5320 ApSOther financial service activities n.e.c.
- Point Communications ApSPublic relations and communication activities
- Baylund Holding ApSNon-financial holding companies
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Market Pay Nordic & Baltic ApS | Lottenborgvej 24, 2800 Kgs. Lyngby | 32 | 1027180848 |
Purpose
Selskabets formål er salg af Market Pays produkter og serviceydelser til kunder i Norden og Baltikum, udvikling og drift af betalingsløsninger og produkter for Market Pay-gruppen, levering af support og operationelle services til Market Pay-gruppens kunder samt enhver aktivitet, som efter direktionens skøn er beslægtet hermed.
The purpose is quoted from the register in Danish.
Changes year by year
20 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
20242 changesaccounts 1 · name 1
- AccountsAnnual report for 2023 published
- NameName changed from Market Pay Denmark ApS to Market Pay Nordic & Baltic ApS
20233 changesaccounts 1 · management 2
- AccountsAnnual report for 2022 published
- ManagementFrédéric Jean Pierre Mazurier appointed director
- ManagementIsabelle Jeanne Suzanne Clairac stepped down as director
20222 changesaddress 1 · accounts 1
- AddressMoved to Lottenborgvej 24, 2800 Kongens Lyngby
- AccountsAnnual report for 2021 published
202110 changescapital 1 · management 6 · industry 1 · founded 1 · ownership 1
- CapitalShare capital changed from 40,000 DKK to 50,000 DKK
- ManagementJacob Halvoring Kofoed Sørensen appointed ceo
- ManagementFrédéric Jean Pierre Mazurier stepped down as ceo
- ManagementIsabelle Jeanne Suzanne Clairac appointed director
- ManagementFrédéric Jean Pierre Mazurier appointed ceo
- ManagementIsabelle Jeanne Suzanne Clairac stepped down as ceo
- IndustryIndustry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
- FoundedRegistered as Market Pay Denmark ApS
- ManagementIsabelle Jeanne Suzanne Clairac appointed ceo
- OwnershipMatch Bidco SAS registered as owner (100%)
Related companies
Same industry in Lyngby-Taarbæk
- Alternative Equity Partners A/S20 employees
- Howden Realkreditrådgivning ApS8 employees
- Uvildigraad.dk ApS2 employees
Same people in management
- Market Pay Online A/Svia Jacob Halvoring Kofoed Sørensen
Largest in the industry
- BEC Financial Technologies a.m.b.a.DKK 2.1bn
- Mastercard Payment Services Denmark A/SDKK 609.7m
- VP Securities A/SDKK 534.2m
- Pleo Financial Services A/SDKK 259m
- Framm ApSDKK 131.9m
- Scalepoint Technologies Denmark A/SDKK 107.5m
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.