Matter DK ApS
Private limited companyCVR 38402021København KActive
Matter DK ApS is a private limited company, based in København K, active in computer programming activities, founded in 2017. Equity was negative at the end of 2025 (−DKK 106.9m). The company made a loss in both 2024 and 2025, most recently DKK 49.9m. With 20 employees, the company is about 5 times larger than the industry median.
Key figures · financial year 2025
Gross profit−DKK 7.2m+57% vs. 2024
Net profit−DKK 49.9m−22.9% vs. 2024
Equity−DKK 106.9m−135.2% vs. 2024
Employees20latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 40.6m to DKK 49.9m (2024 → 2025).
Employees
- 6 fewer employees than a year earlier: 20 (07/2026) against 26 (07/2025).
Management and owners, last 24 months
- New in management: Kim Erik Georg Rosenkilde (board member, 29/10/2025), Mark Blick (chair of the board, 29/10/2025) and Emil Stigsgaard Fuglsang (ceo, 27/02/2026).
- Stepped down: Niels Fibæk-Jensen (ceo, 27/02/2026), Emil Stigsgaard Fuglsang (director, 26/02/2026) and Steen Sønderby (board member, 29/10/2025) (+2).
- New owners registered: Diginex Limited (03/10/2025).
- No longer registered as owner: Tbl Holding ApS (03/10/2025), ESF Holding ApS (03/10/2025) and Arx Holding ApS (03/10/2025) (+2).
Registrations, last 24 months
- 13/07/2026: Share capital changed from 109,237 DKK to 109,237 DKK
- 14/01/2026: Moved to Frederiksholms Kanal 4, 1, 1220 København K
- 29/10/2025: Industry changed to Computer programming activities (621000)
- 25/06/2025: Moved to Amagerfælledvej 106, 2300 København S
- 01/01/2025: Industry changed to Activities of insurance agents and brokers (662200)
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 | 2,019 | 1,855 | −2,451 | −2,812 | −16,694 | −7,180 | +57% |
| Operating profit (EBIT) | −628 | −4,714 | −12,580 | −17,198 | −36,232 | −26,949 | +25.6% |
| Profit before tax | −661 | −4,847 | −12,961 | −18,813 | −40,579 | – | – |
| Net profit | 172 | −3,230 | −11,080 | −17,176 | −40,579 | −49,858 | −22.9% |
| Total assets | 29,016 | 26,629 | 26,957 | 25,612 | 37,779 | 3,305 | −91.3% |
| Equity | 26,616 | 23,386 | 12,306 | −4,870 | −45,450 | −106,887 | −135.2% |
| Liabilities | 2,399 | 3,243 | 14,651 | 30,483 | 83,228 | 110,192 | +32.4% |
| Cash and cash equivalents | 23,024 | 10,142 | 5,541 | 921 | 8,646 | 0 | −100% |
| Average number of employees | 12 | 21 | 24 | 23 | 28 | 28 | 0% |
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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 106.9m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 5 years in a row
Net result has been negative in 2021–2025.
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 | 15/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 15/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 29/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/06/2021 | 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
1,661 companies in the databaseComparison with the other companies in computer programming activities based on the latest financial year.
Gross profit−DKK 7.2mNo. 1649 of 1,656
Better than 0% of the companies in the industry
Equity−DKK 106.9mNo. 1658 of 1,661
Better than 0% of the companies in the industry
Number of employees20No. 192 of 1,661
Better than 88% of the companies in the industry
Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 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. 9,827of 9,892 Better than 1% | No. 9,904of 9,922 Better than 0% |
| Same industry and 20–49 employees183 companies in the comparison | No. 180of 182 Better than 1% | No. 181of 183 Better than 1% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,470of 33,588 Better than 0% | No. 33,647of 33,687 Better than 0% |
| All companies of type ApS66,508 companies in the comparison | No. 66,249of 66,379 Better than 0% | No. 66,469of 66,505 Better than 0% |
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 activitiesGross profit
- Matter DK ApS−DKK 7.2m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
Net profit
- Matter DK ApS−DKK 49.9m
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
Equity
- Matter DK ApS−DKK 106.9m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
Employees
- Matter DK ApS20
- Stibo Systems A/S201
- 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 RegisterOwners
- Diginex Limited100%
Matter DK ApS
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Emil Stigsgaard Fuglsang | CEO | 27/02/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Niels Fibæk-Jensen | Board member | 05/02/2024 |
| Kim Erik Georg Rosenkilde | Board member | 29/10/2025 |
| Mark Blick | Chair of the board | 29/10/2025 |
- Founders
- Niels Fibæk-Jensen
Former management (14)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Niels Fibæk-Jensen | CEO | 01/02/2017 | 27/02/2026 |
| Niels Fibæk-Jensen | Board member | 31/12/2018 | 10/07/2019 |
| Stine Mølgaard | Board member | 31/12/2018 | 05/02/2024 |
| Helen Kobæk Larsen | Chair of the board | 31/12/2018 | 18/12/2020 |
| Toke Feilberg Friborg | Board member | 31/12/2018 | 17/12/2020 |
| Emil Stigsgaard Fuglsang | Director | 31/12/2018 | 26/02/2026 |
| Emil Stigsgaard Fuglsang | Board member | 31/12/2018 | 10/07/2019 |
| Steen Sønderby | Board member | 10/07/2019 | 29/10/2025 |
| Toke Feilberg Friborg | Deputy chair | 18/12/2020 | 25/09/2023 |
| Morten Skovfoged Tinggaard | Chair of the board | 18/12/2020 | 04/02/2024 |
| Rebecca Homkes | Board member | 18/12/2020 | 05/02/2024 |
| Jacob Christian Dahl | Board member | 25/09/2023 | 04/02/2024 |
| Jacob Christian Dahl | Chair of the board | 05/02/2024 | 29/10/2025 |
| Morten Skovfoged Tinggaard | Board member | 05/02/2024 | 29/10/2025 |
Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem i forening eller af to direktører eller af den samlede bestyrelse.
Address and production units
1 active production unitsFrederiksholms Kanal 4
1220 København K
København Municipality · Postcode 1220
Other companies at the address (1)
- Reel ApSBrokerage and agency activities in electricity and natural gas supply
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Matter DK ApS | Frederiksholms Kanal 4, 1, 1220 København K | 18 | 1022172219 |
Purpose
Selskabets formål er at levere data, analyser og lignende produkter og services samt drive øvrig virksomhed forbundet hermed
The purpose is quoted from the register in Danish.
Changes year by year
84 registered events42017
232018
52019
172020
12021
22022
32023
82024
152025
62026
20266 changesaccounts 1 · capital 1 · management 3 · address 1
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 109,237 DKK to 109,237 DKK
- ManagementEmil Stigsgaard Fuglsang appointed ceo
- ManagementNiels Fibæk-Jensen stepped down as ceo
- ManagementEmil Stigsgaard Fuglsang stepped down as director
- AddressMoved to Frederiksholms Kanal 4, 1, 1220 København K
202515 changesindustry 2 · management 5 · ownership 6 · accounts 1 · address 1
- IndustryIndustry changed to Computer programming activities (621000)
- ManagementMark Blick appointed chair of the board
- ManagementKim Erik Georg Rosenkilde appointed board member
- ManagementMorten Skovfoged Tinggaard stepped down as board member
- ManagementJacob Christian Dahl stepped down as chair of the board
- ManagementSteen Sønderby stepped down as board member
- OwnershipDiginex Limited registered as owner (100%)
- OwnershipTBL HOLDING ApS is no longer registered as owner
- OwnershipNasdaq Technology AB is no longer registered as owner
- OwnershipFibæk-Jensen Holding ApS is no longer registered as owner
- OwnershipArx Holding ApS is no longer registered as owner
- OwnershipESF Holding ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
- AddressMoved to Amagerfælledvej 106, 2300 København S
- IndustryIndustry changed to Activities of insurance agents and brokers (662200)
20248 changesaccounts 1 · management 7
- AccountsAnnual report for 2023 published
- ManagementNiels Fibæk-Jensen appointed board member
- ManagementMorten Skovfoged Tinggaard appointed board member
- ManagementJacob Christian Dahl appointed chair of the board
- ManagementRebecca Homkes stepped down as board member
- ManagementStine Mølgaard stepped down as board member
- ManagementJacob Christian Dahl stepped down as board member
- ManagementMorten Skovfoged Tinggaard stepped down as chair of the board
20233 changesmanagement 2 · accounts 1
- ManagementJacob Christian Dahl appointed board member
- ManagementToke Feilberg Friborg stepped down as deputy chair
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Toldbodgade 31, 3, 1253 København K
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
202017 changesmanagement 5 · capital 1 · ownership 10 · address 1
- ManagementMorten Skovfoged Tinggaard appointed chair of the board
- ManagementToke Feilberg Friborg appointed deputy chair
- ManagementRebecca Homkes appointed board member
- ManagementHelen Kobæk Larsen stepped down as chair of the board
- ManagementToke Feilberg Friborg stepped down as board member
- CapitalShare capital changed from 75,652 DKK to 109,237 DKK
- OwnershipTBL HOLDING ApS registered as owner (10%)
- OwnershipNasdaq Technology AB registered as owner (25%)
- OwnershipFibæk-Jensen Holding ApS registered as owner (20%)
- OwnershipArx Holding ApS registered as owner (10%)
- OwnershipESF Holding ApS registered as owner (15%)
- OwnershipSBC FinTech & Security 1618 B.V. is no longer registered as owner
- OwnershipTBL HOLDING ApS is no longer registered as owner
- OwnershipESF Holding ApS is no longer registered as owner
- OwnershipFibæk-Jensen Holding ApS is no longer registered as owner
- OwnershipArx Holding ApS is no longer registered as owner
- AddressMoved to Hauser Plads 30A, 2, 1127 København K
20195 changescapital 1 · management 3 · ownership 1
- CapitalShare capital changed from 54,348 DKK to 75,652 DKK
- ManagementSteen Sønderby appointed board member
- ManagementEmil Stigsgaard Fuglsang stepped down as board member
- ManagementNiels Fibæk-Jensen stepped down as board member
- OwnershipTBL HOLDING ApS registered as owner (10%)
201823 changesmanagement 6 · name 2 · capital 3 · ownership 9 · address 2 · industry 1
- ManagementEmil Stigsgaard Fuglsang appointed board member
- ManagementEmil Stigsgaard Fuglsang appointed director
- ManagementToke Feilberg Friborg appointed board member
- ManagementHelen Kobæk Larsen appointed chair of the board
- ManagementStine Mølgaard appointed board member
- ManagementNiels Fibæk-Jensen appointed board member
- NameName changed from Penstable ApS to Matter DK ApS
- CapitalShare capital changed from 50,000 DKK to 54,348 DKK
- OwnershipESF Holding ApS registered as owner (20%)
- OwnershipSBC FinTech & Security 1618 B.V. registered as owner (5%)
- OwnershipESF Holding ApS is no longer registered as owner
- AddressMoved to Nørrebrogade 47, 2, 2200 København N
- OwnershipFibæk-Jensen Holding ApS registered as owner (25%)
- OwnershipNiels Fibæk-Jensen is no longer registered as owner
- AddressMoved to Njalsgade 19D, 2300 København S
- IndustryIndustry changed to Activities of insurance agents and brokers (662200)
- NameName changed from Penstable IVS to Penstable ApS
- CapitalShare capital changed from 2 DKK to 50,000 DKK
- CapitalShare capital changed from 1 DKK to 2 DKK
- OwnershipArx Holding ApS registered as owner (10%)
- OwnershipESF Holding ApS registered as owner (33.33%)
- OwnershipNiels Fibæk-Jensen registered as owner (33.33%)
- OwnershipNiels Fibæk-Jensen is no longer registered as owner
20174 changesaddress 1 · founded 1 · management 1 · ownership 1
- AddressMoved to Applebys Plads 7, 1411 København K
- FoundedRegistered as Penstable IVS
- ManagementNiels Fibæk-Jensen appointed ceo
- OwnershipNiels Fibæk-Jensen registered as owner (100%)
Related companies
Same industry in København
- twoday Danmark A/S677 employees
- Dalux ApS549 employees
- Capgemini Danmark A/S334 employees
- Veo Technologies ApS319 employees
- Cbrain A/S204 employees
- Keylane A/S176 employees
Same people in management
- Danske Bank A/Svia Jacob Christian Dahl
- PenSam Pension forsikringsaktieselskabvia Helen Kobæk Larsen
- Urban Partners A/Svia Steen Sønderby
- Reel ApSvia Stine Mølgaard
- Epico Solution ApSvia Toke Feilberg Friborg
- Inrotech A/Svia Morten Skovfoged Tinggaard
Largest in the industry
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- twoday Danmark A/SDKK 672.1m
- SAS Institute A/SDKK 544.2m
- Dalux ApSDKK 505m
- Fellowmind Denmark A/SDKK 480m
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.