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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 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 | 77,903 | 75,272 | 28,847 | 32,281 | 24,650 | 24,675 | +0.1% |
| Operating profit (EBIT) | 13,054 | 14,334 | 9,009 | – | 4,709 | 5,776 | +22.7% |
| Profit before tax | 12,786 | 13,816 | 37,322 | 4,138 | 5,359 | 5,867 | +9.5% |
| Net profit | 9,779 | 12,022 | 36,357 | 2,823 | 4,163 | 4,548 | +9.2% |
| Total assets | 66,405 | 72,900 | 102,237 | 52,843 | 54,416 | 33,911 | −37.7% |
| Equity | 5,987 | 15,493 | 35,151 | 20,731 | 24,894 | 7,442 | −70.1% |
| Liabilities | 56,420 | 51,889 | 64,354 | – | 29,056 | 26,469 | −8.9% |
| Cash and cash equivalents | 20,708 | 23,487 | 10,098 | 5,317 | 11,124 | 17,590 | +58.1% |
| Average number of employees | 89 | 91 | 21 | 17,000 | 14 | 13 | −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
Signals from the financial statements
calculated from the 2025 figuresEquity 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 23/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 21/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/06/2021 – 31/05/2022 | 29/06/2023 | The company | PDFXBRL |
| 2021 | 01/06/2020 – 31/05/2021 | 29/10/2021 | The group | PDFXBRL |
| 2020 | 01/06/2019 – 31/05/2020 | 14/10/2020 | The group | 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.
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 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- Minerva Group A/SDKK 24.7m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- Minerva Group A/SDKK 4.5m
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
- Minerva Group A/SDKK 7.4m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
- Minerva Group A/S15
- 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 Register- Patriot Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Leon Lauritsen | CEO | 06/11/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lalitha Gunturi Ranganath | Board member | 29/03/2022 |
| William George Porter | Chair of the board | 02/06/2023 |
| Leon Lauritsen | Board member | 05/11/2025 |
- Founders
- KR 332 ApS
Former management (23)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Asger Thierry | Board member | 07/02/1994 | 31/12/2021 |
| Asger Thierry | Director | 07/02/1994 | 31/12/2021 |
| Kurt Skovlund | Chair of the board | 07/02/1994 | 14/11/1994 |
| Bent Søren Kjeldsen | Board member | 07/02/1994 | 30/11/1999 |
| Erling Borcher | Board member | 07/02/1994 | 14/11/1994 |
| Erling Borcher | Director | 07/02/1994 | 14/11/1994 |
| Jørgen Boe | Board member | 07/02/1994 | 14/11/1994 |
| John Michael Caines | Board member | 07/02/1994 | 08/02/2000 |
| Peter Møller Sørensen | Board member | 08/02/2000 | 22/08/2005 |
| Leon Lauritsen | Board member | 22/08/2005 | 31/12/2021 |
| Hans Olesen Damgaard | Board member | 07/05/2009 | 10/06/2010 |
| Pauli Blegind Vadstrup | Board member | 28/12/2009 | 31/12/2021 |
| Jens Søgaard Jørgensen | Board member | 10/06/2010 | 21/09/2012 |
| Anders Kristian Hansen | Board member | 21/09/2012 | 03/09/2013 |
| Svend Ole Espensen | Chair of the board | 03/09/2013 | 31/12/2021 |
| Jørgen Vilhelm Løvenørn Bardenfleth | Board member | 03/09/2013 | 31/12/2021 |
| Ida Elisabeth Bratting Kongsted | Board member | 22/02/2018 | 12/04/2019 |
| May Wenche Strømsnes | Board member | 22/02/2018 | 31/12/2021 |
| Mikael Lyngsø | Board member | 12/04/2019 | 31/12/2021 |
| Klaus Kirk Jensen | Board member | 31/12/2021 | 29/03/2022 |
| Roque Martin | Board member | 31/12/2021 | 05/11/2025 |
| Roque Martin | Director | 31/12/2021 | 06/11/2025 |
| Andrew John Kokoska | Chair of the board | 31/12/2021 | 02/06/2023 |
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 unitsÅbogade 15
8200 Aarhus N
Aarhus Municipality · Postcode 8200
Other companies at the address (8)
- CrowdStrike Denmark ApSComputer programming activities
- Antire ApSComputer programming activities
- Incuba A/SRenting of commercial property
- STMicroelectronics A/SOther software publishing
- Partisia Applications ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| MINERVA GROUP A/S | Åbogade 15, 8200 Aarhus N | 15 | 1001327575 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20255 changesmanagement 4 · accounts 1
- ManagementLeon Lauritsen appointed ceo
- ManagementRoque Martin stepped down as director
- ManagementLeon Lauritsen appointed board member
- ManagementRoque Martin stepped down as board member
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20235 changesaddress 1 · accounts 1 · management 2 · industry 1
- AddressMoved to Åbogade 15, 8200 Aarhus N
- AccountsAnnual report for 2022 published
- ManagementWilliam George Porter appointed chair of the board
- ManagementAndrew John Kokoska stepped down as chair of the board
- IndustryIndustry changed to Computerprogrammering (620100)
20223 changesmerger 1 · management 2
- MergerMerger registered in CVR
- ManagementLalitha Gunturi Ranganath appointed board member
- ManagementKlaus Kirk Jensen stepped down as board member
202119 changesmanagement 12 · ownership 6 · accounts 1
- ManagementKlaus Kirk Jensen appointed board member
- ManagementAndrew John Kokoska appointed chair of the board
- ManagementRoque Martin appointed director
- ManagementRoque Martin appointed board member
- ManagementMikael Lyngsø stepped down as board member
- ManagementMay Wenche Strømsnes stepped down as board member
- ManagementJørgen Vilhelm Løvenørn Bardenfleth stepped down as board member
- ManagementSvend Ole Espensen stepped down as chair of the board
- ManagementPauli Blegind Vadstrup stepped down as board member
- ManagementLeon Lauritsen stepped down as board member
- ManagementAsger Thierry stepped down as board member
- ManagementAsger Thierry stepped down as director
- OwnershipPatriot Holding ApS registered as owner (100%)
- OwnershipNORTH BEACH HOLDING ApS is no longer registered as owner
- OwnershipKirk Jensen Holding ApS is no longer registered as owner
- OwnershipIEL ApS is no longer registered as owner
- OwnershipPEMMA ApS is no longer registered as owner
- OwnershipMinerva Employees ApS is no longer registered as owner
- AccountsAnnual report for 2021 published
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
201910 changesownership 7 · management 2 · address 1
- OwnershipNORTH BEACH HOLDING ApS registered as owner (25%)
- OwnershipKirk Jensen Holding ApS registered as owner (10%)
- OwnershipIEL ApS registered as owner (20%)
- OwnershipPEMMA ApS registered as owner (20%)
- OwnershipIEL ApS is no longer registered as owner
- OwnershipPEMMA ApS is no longer registered as owner
- OwnershipNORTH BEACH HOLDING ApS is no longer registered as owner
- ManagementMikael Lyngsø appointed board member
- ManagementIda Elisabeth Bratting Kongsted stepped down as board member
- AddressMoved to Hasselager Centervej 29, 8260 Viby J
20182 changesmanagement 2
- ManagementMay Wenche Strømsnes appointed board member
- ManagementIda Elisabeth Bratting Kongsted appointed board member
20161 changeownership 1
- OwnershipMinerva Employees ApS registered as owner (10%)
20159 changesownership 9
- OwnershipIEL ApS registered as owner (25%)
- OwnershipPEMMA ApS registered as owner (25%)
- OwnershipNORTH BEACH HOLDING ApS registered as owner (33.33%)
- OwnershipNORTH BEACH HOLDING ApS is no longer registered as owner
- OwnershipIEL ApS is no longer registered as owner
- OwnershipPEMMA ApS is no longer registered as owner
- OwnershipNORTH BEACH HOLDING ApS registered as owner (50%)
- OwnershipIEL ApS registered as owner (20%)
- OwnershipPEMMA ApS registered as owner (20%)
20133 changesmanagement 3
- ManagementJørgen Vilhelm Løvenørn Bardenfleth appointed board member
- ManagementSvend Ole Espensen appointed chair of the board
- ManagementAnders Kristian Hansen stepped down as board member
20122 changesmanagement 2
- ManagementAnders Kristian Hansen appointed board member
- ManagementJens Søgaard Jørgensen stepped down as board member
20103 changesaddress 1 · management 2
- AddressMoved to Hasselager Centervej 29, 8260 Viby J
- ManagementJens Søgaard Jørgensen appointed board member
- ManagementHans Olesen Damgaard stepped down as board member
20092 changesmanagement 2
- ManagementPauli Blegind Vadstrup appointed board member
- ManagementHans Olesen Damgaard appointed board member
20081 changename 1
- NameName changed from MINERVA HOLDING A/S to MINERVA GROUP A/S
20052 changesmanagement 2
- ManagementLeon Lauritsen appointed board member
- ManagementPeter Møller Sørensen stepped down as board member
20004 changesname 1 · industry 1 · management 2
- NameName changed from MINERVA DANMARK A/S to MINERVA HOLDING A/S
- IndustryIndustry changed to Ikke-finansielle holdingselskaber (741500)
- ManagementPeter Møller Sørensen appointed board member
- ManagementJohn Michael Caines stepped down as board member
19991 changemanagement 1
- ManagementBent Søren Kjeldsen stepped down as board member
19951 changecapital 1
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
199414 changesname 1 · management 12 · founded 1
- NameName changed from KM 82 A/S to MINERVA DANMARK A/S
- ManagementKurt Skovlund stepped down as chair of the board
- ManagementJørgen Boe stepped down as board member
- ManagementErling Borcher stepped down as director
- ManagementErling Borcher stepped down as board member
- FoundedRegistered as KM 82 A/S
- ManagementBent Søren Kjeldsen appointed board member
- ManagementKurt Skovlund appointed chair of the board
- ManagementAsger Thierry appointed board member
- ManagementAsger Thierry appointed director
- ManagementJohn Michael Caines appointed board member
- ManagementJørgen Boe appointed board member
- ManagementErling Borcher appointed director
- ManagementErling Borcher appointed board member
Related companies
Same industry in Aarhus
- Systematic A/S967 employees
- Mjølner Informatics A/S282 employees
- Novicell ApS208 employees
- Stibo Systems A/S201 employees
- Elbek & Vejrup A/S198 employees
- Uber Denmark Software And Development ApS173 employees
Same people in management
- COWI A/Svia Jørgen Vilhelm Løvenørn Bardenfleth
- Imerco A/Svia Kurt Skovlund
- GN Hearing A/Svia Jørgen Vilhelm Løvenørn Bardenfleth
- Metro Service A/Svia Kurt Skovlund
- Plantorama A/Svia Bent Søren Kjeldsen
- Norisol A/Svia Kurt Skovlund
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.