CVRdatabase
Menu

modl.ai ApS

Private limited companyCVR 40122397FrederiksbergActive

modl.ai ApS is a private limited company, based in Frederiksberg, active in computer programming activities, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 17.3m. Equity grew to DKK 2.4m in 2025.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profit−DKK 10m+9.3% vs. 2024
Net profit−DKK 17.3m+28.1% vs. 2024
EquityDKK 2.4m+19.1% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 24.1m to DKK 17.3m (2024 → 2025).
  • Equity rose 19% (2024 → 2025), to DKK 2.4m.

Employees

  • 6 fewer employees than a year earlier: 6 (07/2026) against 12 (07/2025).

Management and owners, last 24 months

  • New in management: Nils Julian Togelius (board member, 25/02/2025), Winston Charles Esposito (board member, 25/02/2025) and Benedikte Mikkelsen (director, 21/03/2025) (+4).
  • Stepped down: Christoffer Holmgård Pedersen (ceo, 20/03/2025), Lars Peter Henriksen (board member, 25/02/2025) and Lars Peter Henriksen (director, 28/02/2025) (+3).
  • New owners registered: Griffin Gaming Partners II L.P. (25/02/2025), modl.ai Holding ApS (29/05/2026) and modl.ai Holding ApS (25/02/2025).
  • No longer registered as owner: modl.ai Holding ApS (24/02/2025), Microsoft Corporation (25/02/2025) and Griffin Gaming Partners II L.P. (24/02/2025) (+1).

Registrations, last 24 months

  • 29/05/2026: Share capital changed from 193,404 DKK to 211,570 DKK
  • 06/11/2025: Moved to Guldborgvej 25, 2000 Frederiksberg
  • 25/02/2025: Share capital changed from 96,702 DKK to 193,404 DKK
  • 18/12/2024: Moved to Skelbækgade 4, 6. tv, 1717 København V

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 30m−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for modl.ai ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit500−2,464−6,433−10,773−11,072−10,040+9.3%
Operating profit (EBIT)−3,367−7,084−14,215−25,377−26,173−18,726+28.5%
Profit before tax−3,432−7,315−14,596−25,984−26,832−19,102+28.8%
Net profit−2,455−6,154−13,029−23,803−24,099−17,334+28.1%
Total assets11,8217,78457,91835,79710,1436,807−32.9%
Equity6,080−7449,91226,1092,0102,395+19.1%
Liabilities5,7417,8598,0069,6888,1334,412−45.7%
Cash and cash equivalents2,2051,44452,86228,7063,1943,617+13.2%
Average number of employees8913192012−40%

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 12m−DKK 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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.

  • Fewer employees

    The number of employees fell 40% from 20 in 2024 to 12 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 modl.ai ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202315/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202212/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202112/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202013/07/2021The companyPDFXBRL

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
051015202508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profit−DKK 10mNo. 1652 of 1,656
Better than 0% of the companies in the industry
EquityDKK 2.4mNo. 597 of 1,661
Better than 64% of the companies in the industry
Number of employees6No. 389 of 1,661
Better than 77% 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 428.6m
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. 69,642of 69,742
Better than 0%
No. 22,050of 69,964
Better than 68%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 1,361of 1,363
Better than 0%
No. 356of 1,365
Better than 74%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,502of 33,588
Better than 0%
No. 9,742of 33,687
Better than 71%
All companies of type ApS66,508 companies in the comparison
No. 66,286of 66,379
Better than 0%
No. 18,370of 66,505
Better than 72%

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. modl.ai ApS−DKK 10m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. modl.ai ApS−DKK 17.3m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. modl.ai ApSDKK 2.4m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. modl.ai ApS6
  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
  • Griffin Gaming Partners II L.P.50%
  • modl.ai Holding ApS20%
modl.ai ApS

Management

6 active registrations

Executive management

Executive management at modl.ai ApS
NameRoleAppointed
Benedikte MikkelsenDirector21/03/2025
Christoffer Holmgård PedersenCEO31/10/2025

Board of directors

Board of directors at modl.ai ApS
NameRoleAppointed
Pierre-Edouard PlancheBoard member29/08/2022
Nils Julian TogeliusBoard member25/02/2025
Winston Charles EspositoBoard member25/02/2025
Mats Åke Ingemar JohanssonChair of the board29/05/2026
Founders
modl.ai Holding ApS
Former management (13)
Former management at modl.ai ApS
NameRoleAppointedResigned
Lars Peter HenriksenDirector27/12/201828/12/2018
Lars Peter HenriksenChair of the board28/12/201830/06/2019
Christoffer Holmgård PedersenCEO28/12/201820/03/2025
Anders KjærBoard member28/12/201801/03/2022
Lars Peter HenriksenBoard member01/07/201925/02/2025
Christian HjortgaardChair of the board01/07/201904/03/2021
Søren Traumer SchønnemannBoard member04/07/201931/12/2019
Lars Peter HenriksenDirector31/08/202028/02/2025
Anders Gudmund FrøsethChair of the board04/03/202101/01/2024
Mads Tue Klarskov PetersenBoard member01/03/202221/02/2023
James GwertzmanChair of the board01/01/202429/05/2026
Christoffer Holmgård PedersenDirector21/03/202530/10/2025
Winston Charles EspositoCEO21/03/202531/10/2025

Signing rule: Selskabet tegnes af tre bestyrelsesmedlemmer i forening, af en direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse

Address and production units

1 active production units

Guldborgvej 25
2000 Frederiksberg

Frederiksberg Municipality · Postcode 2000

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
modl.ai ApSGuldborgvej 25, 2000 Frederiksberg61024247534

Purpose

Selskabets formål er ved hjælp af en unik designproces og kunstig intelligens at forudsige menneskelig adfærd.

The purpose is quoted from the register in Danish.

Changes year by year

72 registered events
20266 changesaccounts 1 · capital 1 · management 2 · ownership 2
  • Annual report for 2025 published
  • Share capital changed from 193,404 DKK to 211,570 DKK
  • Mats Åke Ingemar Johansson appointed chair of the board
  • James Gwertzman stepped down as chair of the board
  • modl.ai Holding ApS registered as owner (20%)
  • modl.ai Holding ApS is no longer registered as owner
202519 changesaddress 1 · management 11 · accounts 1 · capital 1 · ownership 5
  • Moved to Guldborgvej 25, 2000 Frederiksberg
  • Christoffer Holmgård Pedersen appointed ceo
  • Winston Charles Esposito stepped down as ceo
  • Christoffer Holmgård Pedersen stepped down as director
  • Annual report for 2024 published
  • Winston Charles Esposito appointed ceo
  • Benedikte Mikkelsen appointed director
  • Christoffer Holmgård Pedersen appointed director
  • Christoffer Holmgård Pedersen stepped down as ceo
  • Lars Peter Henriksen stepped down as director
  • Share capital changed from 96,702 DKK to 193,404 DKK
  • Winston Charles Esposito appointed board member
  • Nils Julian Togelius appointed board member
  • Lars Peter Henriksen stepped down as board member
  • Griffin Gaming Partners II L.P. registered as owner (50%)
  • modl.ai Holding ApS registered as owner (25%)
  • Microsoft Corporation is no longer registered as owner
  • Griffin Gaming Partners II L.P. is no longer registered as owner
  • modl.ai Holding ApS is no longer registered as owner
20245 changesaddress 2 · accounts 1 · management 2
  • Moved to Skelbækgade 4, 6. tv, 1717 København V
  • Annual report for 2023 published
  • Moved to Skelbækgade 4, 6. tv, 1717 København V
  • James Gwertzman appointed chair of the board
  • Anders Gudmund Frøseth stepped down as chair of the board
20235 changesaccounts 1 · management 1 · ownership 3
  • Annual report for 2022 published
  • Mads Tue Klarskov Petersen stepped down as board member
  • Griffin Gaming Partners II L.P. registered as owner (15%)
  • Uddannelses- og Forskningsstyrelsen is no longer registered as owner
  • Griffin Gaming Partners II L.P. is no longer registered as owner
202211 changescapital 1 · management 3 · ownership 6 · accounts 1
  • Share capital changed from 68,492 DKK to 96,702 DKK
  • Pierre-Edouard Planche appointed board member
  • Griffin Gaming Partners II L.P. registered as owner (15%)
  • modl.ai Holding ApS registered as owner (50%)
  • Microsoft Corporation registered as owner (5%)
  • Saltagen Holdings (Cayman) Limited is no longer registered as owner
  • PreSeed Ventures A/S is no longer registered as owner
  • modl.ai Holding ApS is no longer registered as owner
  • Annual report for 2021 published
  • Mads Tue Klarskov Petersen appointed board member
  • Anders Kjær stepped down as board member
20213 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Anders Gudmund Frøseth appointed chair of the board
  • Christian Hjortgaard stepped down as chair of the board
20202 changesmanagement 1 · address 1
  • Lars Peter Henriksen appointed director
  • Moved to Nørrebrogade 184, 1, 2200 København N
201913 changesmanagement 5 · capital 5 · ownership 3
  • Søren Traumer Schønnemann stepped down as board member
  • Share capital changed from 65,145 DKK to 68,492 DKK
  • Share capital changed from 59,398 DKK to 65,145 DKK
  • Saltagen Holdings (Cayman) Limited registered as owner (5%)
  • Uddannelses- og Forskningsstyrelsen registered as owner (5%)
  • Søren Traumer Schønnemann appointed board member
  • Lars Peter Henriksen appointed board member
  • Christian Hjortgaard appointed chair of the board
  • Lars Peter Henriksen stepped down as chair of the board
  • Share capital changed from 57,298 DKK to 59,398 DKK
  • PreSeed Ventures A/S registered as owner (5%)
  • Share capital changed from 55,046 DKK to 57,298 DKK
  • Share capital changed from 52,523 DKK to 55,046 DKK
20188 changescapital 1 · management 5 · founded 1 · ownership 1
  • Share capital changed from 50,000 DKK to 52,523 DKK
  • Lars Peter Henriksen appointed chair of the board
  • Anders Kjær appointed board member
  • Christoffer Holmgård Pedersen appointed ceo
  • Lars Peter Henriksen stepped down as director
  • Registered as modl.ai ApS
  • Lars Peter Henriksen appointed director
  • modl.ai Holding ApS registered as owner (66.67%)

Related companies

Same industry in Frederiksberg

See all →

Same people in management

Largest in the industry

See all →

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.

View in CVRReport a correction