Minerva Group A/S

Public limited companyCVR 17630784Aarhus NActive

Minerva Group A/S is a public limited company, based in Aarhus N, active in computer programming activities, founded in 1994. Net profit rose 9% from 2024 to 2025, ending at DKK 4.5m. Profit has grown three years in a row. With 15 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 24.7m+0.1% vs. 2024
Net profitDKK 4.5m+9.2% vs. 2024
EquityDKK 7.4m−70.1% vs. 2024
Employees15latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit rose 9% (2024 → 2025), to DKK 4.5m.
  • Equity fell 70% (2024 → 2025), to DKK 7.4m.

Employees

  • 3 more employees than a year earlier: 15 (08/2026) against 12 (08/2025).

Management and owners, last 24 months

  • New in management: Leon Lauritsen (board member, 05/11/2025) and Leon Lauritsen (ceo, 06/11/2025).
  • Stepped down: Roque Martin (board member, 05/11/2025) and Roque Martin (director, 06/11/2025).

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 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
EquityNet profit
Financial figures for Minerva Group A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit77,90375,27228,84732,28124,65024,675+0.1%
Operating profit (EBIT)13,05414,3349,009–4,7095,776+22.7%
Profit before tax12,78613,81637,3224,1385,3595,867+9.5%
Net profit9,77912,02236,3572,8234,1634,548+9.2%
Total assets66,40572,900102,23752,84354,41633,911−37.7%
Equity5,98715,49335,15120,73124,8947,442−70.1%
Liabilities56,42051,88964,354–29,05626,469−8.9%
Cash and cash equivalents20,70823,48710,0985,31711,12417,590+58.1%
Average number of employees89912117,0001413−7.1%

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. 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 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70mDKK 80m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Equity fell sharply

    Equity fell 70% from 2024 to 2025 (DKK 24.9m to DKK 7.4m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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 Minerva Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202321/06/2024The companyPDF not statedXBRL
202201/06/2021 – 31/05/202229/06/2023The companyPDFXBRL
202101/06/2020 – 31/05/202129/10/2021The groupPDFXBRL
202001/06/2019 – 31/05/202014/10/2020The groupPDFXBRL

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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 profitDKK 24.7mNo. 194 of 1,656
Better than 88% of the companies in the industry
EquityDKK 7.4mNo. 322 of 1,661
Better than 81% of the companies in the industry
Number of employees15No. 370 of 1,661
Better than 78% 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 428.6mHere
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. 1,116of 69,742
Better than 98%
No. 10,997of 69,964
Better than 84%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 21of 1,363
Better than 99%
No. 140of 1,365
Better than 90%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,437of 10,152
Better than 76%
No. 5,404of 10,275
Better than 47%
All companies of type A/S18,025 companies in the comparison
No. 5,068of 17,786
Better than 72%
No. 9,933of 18,024
Better than 45%

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. Minerva Group A/SDKK 24.7m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Minerva Group A/SDKK 4.5m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Minerva Group A/SDKK 7.4m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Minerva Group A/S15
  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
  • Patriot Holding ApS100%
Minerva Group A/S

Management

4 active registrations

Executive management

Executive management at Minerva Group A/S
NameRoleAppointed
Leon LauritsenCEO06/11/2025

Board of directors

Board of directors at Minerva Group A/S
NameRoleAppointed
Lalitha Gunturi RanganathBoard member29/03/2022
William George PorterChair of the board02/06/2023
Leon LauritsenBoard member05/11/2025
Founders
KR 332 ApS
Former management (23)
Former management at Minerva Group A/S
NameRoleAppointedResigned
Asger ThierryBoard member07/02/199431/12/2021
Asger ThierryDirector07/02/199431/12/2021
Kurt SkovlundChair of the board07/02/199414/11/1994
Bent Søren KjeldsenBoard member07/02/199430/11/1999
Erling BorcherBoard member07/02/199414/11/1994
Erling BorcherDirector07/02/199414/11/1994
Jørgen BoeBoard member07/02/199414/11/1994
John Michael CainesBoard member07/02/199408/02/2000
Peter Møller SørensenBoard member08/02/200022/08/2005
Leon LauritsenBoard member22/08/200531/12/2021
Hans Olesen DamgaardBoard member07/05/200910/06/2010
Pauli Blegind VadstrupBoard member28/12/200931/12/2021
Jens Søgaard JørgensenBoard member10/06/201021/09/2012
Anders Kristian HansenBoard member21/09/201203/09/2013
Svend Ole EspensenChair of the board03/09/201331/12/2021
Jørgen Vilhelm Løvenørn BardenflethBoard member03/09/201331/12/2021
Ida Elisabeth Bratting KongstedBoard member22/02/201812/04/2019
May Wenche StrømsnesBoard member22/02/201831/12/2021
Mikael LyngsøBoard member12/04/201931/12/2021
Klaus Kirk JensenBoard member31/12/202129/03/2022
Roque MartinBoard member31/12/202105/11/2025
Roque MartinDirector31/12/202106/11/2025
Andrew John KokoskaChair of the board31/12/202102/06/2023

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af to bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Åbogade 15
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
MINERVA GROUP A/SÅbogade 15, 8200 Aarhus N151001327575

Purpose

Selskabets formål er at eje kapitalandele i andre selskaber samt yde administrativ service o.l.

The purpose is quoted from the register in Danish.

Changes year by year

90 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20255 changesmanagement 4 · accounts 1
  • Leon Lauritsen appointed ceo
  • Roque Martin stepped down as director
  • Leon Lauritsen appointed board member
  • Roque Martin stepped down as board member
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20235 changesaddress 1 · accounts 1 · management 2 · industry 1
  • Moved to Åbogade 15, 8200 Aarhus N
  • Annual report for 2022 published
  • William George Porter appointed chair of the board
  • Andrew John Kokoska stepped down as chair of the board
  • Industry changed to Computerprogrammering (620100)
20223 changesmerger 1 · management 2
  • Merger registered in CVR
  • Lalitha Gunturi Ranganath appointed board member
  • Klaus Kirk Jensen stepped down as board member
202119 changesmanagement 12 · ownership 6 · accounts 1
  • Klaus Kirk Jensen appointed board member
  • Andrew John Kokoska appointed chair of the board
  • Roque Martin appointed director
  • Roque Martin appointed board member
  • Mikael Lyngsø stepped down as board member
  • May Wenche Strømsnes stepped down as board member
  • Jørgen Vilhelm Løvenørn Bardenfleth stepped down as board member
  • Svend Ole Espensen stepped down as chair of the board
  • Pauli Blegind Vadstrup stepped down as board member
  • Leon Lauritsen stepped down as board member
  • Asger Thierry stepped down as board member
  • Asger Thierry stepped down as director
  • Patriot Holding ApS registered as owner (100%)
  • NORTH BEACH HOLDING ApS is no longer registered as owner
  • Kirk Jensen Holding ApS is no longer registered as owner
  • IEL ApS is no longer registered as owner
  • PEMMA ApS is no longer registered as owner
  • Minerva Employees ApS is no longer registered as owner
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
201910 changesownership 7 · management 2 · address 1
  • NORTH BEACH HOLDING ApS registered as owner (25%)
  • Kirk Jensen Holding ApS registered as owner (10%)
  • IEL ApS registered as owner (20%)
  • PEMMA ApS registered as owner (20%)
  • IEL ApS is no longer registered as owner
  • PEMMA ApS is no longer registered as owner
  • NORTH BEACH HOLDING ApS is no longer registered as owner
  • Mikael Lyngsø appointed board member
  • Ida Elisabeth Bratting Kongsted stepped down as board member
  • Moved to Hasselager Centervej 29, 8260 Viby J
20182 changesmanagement 2
  • May Wenche Strømsnes appointed board member
  • Ida Elisabeth Bratting Kongsted appointed board member
20161 changeownership 1
  • Minerva Employees ApS registered as owner (10%)
20159 changesownership 9
  • IEL ApS registered as owner (25%)
  • PEMMA ApS registered as owner (25%)
  • NORTH BEACH HOLDING ApS registered as owner (33.33%)
  • NORTH BEACH HOLDING ApS is no longer registered as owner
  • IEL ApS is no longer registered as owner
  • PEMMA ApS is no longer registered as owner
  • NORTH BEACH HOLDING ApS registered as owner (50%)
  • IEL ApS registered as owner (20%)
  • PEMMA ApS registered as owner (20%)
20133 changesmanagement 3
  • Jørgen Vilhelm Løvenørn Bardenfleth appointed board member
  • Svend Ole Espensen appointed chair of the board
  • Anders Kristian Hansen stepped down as board member
20122 changesmanagement 2
  • Anders Kristian Hansen appointed board member
  • Jens Søgaard Jørgensen stepped down as board member
20103 changesaddress 1 · management 2
  • Moved to Hasselager Centervej 29, 8260 Viby J
  • Jens Søgaard Jørgensen appointed board member
  • Hans Olesen Damgaard stepped down as board member
20092 changesmanagement 2
  • Pauli Blegind Vadstrup appointed board member
  • Hans Olesen Damgaard appointed board member
20081 changename 1
  • Name changed from MINERVA HOLDING A/S to MINERVA GROUP A/S
20052 changesmanagement 2
  • Leon Lauritsen appointed board member
  • Peter Møller Sørensen stepped down as board member
20004 changesname 1 · industry 1 · management 2
  • Name changed from MINERVA DANMARK A/S to MINERVA HOLDING A/S
  • Industry changed to Ikke-finansielle holdingselskaber (741500)
  • Peter Møller Sørensen appointed board member
  • John Michael Caines stepped down as board member
19991 changemanagement 1
  • Bent Søren Kjeldsen stepped down as board member
19951 changecapital 1
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
199414 changesname 1 · management 12 · founded 1
  • Name changed from KM 82 A/S to MINERVA DANMARK A/S
  • Kurt Skovlund stepped down as chair of the board
  • Jørgen Boe stepped down as board member
  • Erling Borcher stepped down as director
  • Erling Borcher stepped down as board member
  • Registered as KM 82 A/S
  • Bent Søren Kjeldsen appointed board member
  • Kurt Skovlund appointed chair of the board
  • Asger Thierry appointed board member
  • Asger Thierry appointed director
  • John Michael Caines appointed board member
  • Jørgen Boe appointed board member
  • Erling Borcher appointed director
  • Erling Borcher appointed board member

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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 24/10/2026.

View in CVRReport a correction