Nil Technology ApS
Private limited companyCVR 29310203Kongens LyngbyActive
Nil Technology ApS is a private limited company, based in Kongens Lyngby, active in engineering consultancy in production and mechanical engineering, founded in 2006. Equity was negative at the end of 2025 (−DKK 1.1m). The company made a loss in both 2024 and 2025, most recently DKK 35.2m. With 70 employees, the company is about 35 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 12.7m to DKK 35.2m (2024 → 2025).
- Equity turned negative: −DKK 1.1m (2024 → 2025).
Employees
- 16 more employees than a year earlier: 70 (08/2026) against 54 (08/2025).
Management and owners, last 24 months
- New in management: Chiang, Ping-Yu (board member, 03/01/2025), Wang, Yu-Chao (chair of the board, 03/01/2025) and Thomas Haals Løndorf (board member, 01/09/2026) (+1).
- Stepped down: Theodor Nielsen (ceo, 01/09/2026), Theodor Nielsen (board member, 01/09/2026) and Ali Abdulwahab Ali Abdulwaheb Alhasan (board member, 03/01/2025) (+6).
- No longer registered as owner: Vækstfonden Growth K/S (03/01/2025), Invision Company Limited BVI (03/01/2025) and Nokia Growth Partners IV L.P. (03/01/2025) (+3).
Registrations, last 24 months
- 04/03/2026: Moved to Nymøllevej 85, 2800 Kongens Lyngby
- 03/01/2025: Share capital changed from 1,202,545 DKK to 1,322,865 DKK
- 01/01/2025: Industry changed to Engineering consultancy in production and mechanical engineering (711220)
- 26/12/2024: Share capital changed from 1,204,895 DKK to 1,202,545 DKK
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 | −6,577 | −2,103 | −3,102 | 1,069 | −1,225 | −14,045 | −1,046.5% |
| Operating profit (EBIT) | −35,901 | −63,808 | −13,136 | −9,022 | −12,516 | −30,708 | −145.3% |
| Profit before tax | −36,534 | −64,492 | −13,251 | −9,955 | −13,427 | −35,878 | −167.2% |
| Net profit | −34,442 | −61,215 | −12,099 | −9,238 | −12,707 | −35,168 | −176.8% |
| Total assets | 70,290 | 222,501 | 24,390 | 22,557 | 35,396 | 25,275 | −28.6% |
| Equity | 39,174 | 163,441 | 9,938 | 684 | 20,518 | −1,055 | −105.1% |
| Liabilities | 31,116 | 59,060 | 14,452 | 21,653 | 14,878 | 26,331 | +77% |
| Cash and cash equivalents | 32,039 | 144,342 | 10,813 | 4,675 | 15,320 | 11,425 | −25.4% |
| Average number of employees | 37 | 62 | 77 | 69 | 62 | 43 | −30.6% |
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 1.1m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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 31% from 62 in 2024 to 43 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 03/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/06/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 20/06/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 02/06/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 02/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 31/05/2021 | 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
372 companies in the databaseComparison with the other companies in engineering consultancy in production and mechanical engineering based on the latest financial year.
Industry median: gross profit DKK 2.3m, net profit DKK 272k, equity DKK 1.3m, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 4,382of 4,412 Better than 1% | No. 4,300of 4,466 Better than 4% |
| Same industry and 50–199 employees15 companies in the comparison | No. 15of 15 Better than 0% | No. 15of 15 Better than 0% |
| Companies that are between 15 and 29 years old24,906 companies in the comparison | No. 24,754of 24,787 Better than 0% | No. 24,215of 24,905 Better than 3% |
| All companies of type ApS66,508 companies in the comparison | No. 66,318of 66,379 Better than 0% | No. 63,766of 66,505 Better than 4% |
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
Engineering consultancy in production and mechanical engineering- Nil Technology ApS−DKK 14m
- Grundfos Holding A/SDKK 15.2bn
- NNE A/SDKK 681.3m
- Nil Technology ApS−DKK 35.2m
- Grundfos Holding A/SDKK 2.8bn
- NNE A/SDKK 385.3m
- Nil Technology ApS−DKK 1.1m
- Grundfos Holding A/SDKK 25.3bn
- NNE A/SDKK 670.3m
- Nil Technology ApS70
- Grundfos Holding A/S2,092
- NNE A/S1,783
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Radiant Opto-Electronics Corporation100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Brian Bilenberg | Director | 20/04/2010 |
| Thomas Haals Løndorf | CEO | 01/09/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Chiang, Ping-Yu | Board member | 03/01/2025 |
| Wang, Yu-Chao | Chair of the board | 03/01/2025 |
| Thomas Haals Løndorf | Board member | 01/09/2026 |
- Auditor
- KPMG P/S
- Founders
- Nanomask Holding ApS, Cat-symbion Innovation A/S, Cat Seed A/S
Former management (25)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Theodor Nielsen | CEO | 13/01/2006 | 01/09/2026 |
| Cathal John Mahon | Chair of the board | 13/01/2006 | 13/10/2006 |
| Sune Nørgaard Andersen | Board member | 13/01/2006 | 13/10/2006 |
| Gabi Grützner | Board member | 03/05/2006 | 29/05/2018 |
| Theodor Nielsen | Board member | 13/10/2006 | 07/08/2008 |
| Jeppe Sebastian Lethansen | Chair of the board | 20/10/2006 | 14/12/2006 |
| Michael Vinther | Chair of the board | 14/12/2006 | 26/01/2009 |
| Peixiong Shi | Board member | 01/01/2008 | 25/11/2010 |
| Jesper Toft | Board member | 28/03/2008 | 23/01/2009 |
| Claus Torben Warming | Chair of the board | 03/02/2009 | 27/11/2013 |
| Karl Niklas Hansson | Director | 19/06/2012 | 30/06/2020 |
| Brian Bilenberg | Board member | 20/12/2013 | 03/12/2018 |
| Shahram Dini | Chair of the board | 20/12/2013 | 30/12/2016 |
| SH. Salman Hamad Ebrahim Muhamed Al Khalifa | Board member | 30/05/2014 | 31/05/2016 |
| Theodor Nielsen | Board member | 30/12/2016 | 01/09/2026 |
| Henrik Nielsen | Chair of the board | 30/12/2016 | 21/07/2020 |
| Ali Abdulwahab Ali Abdulwaheb Alhasan | Board member | 30/12/2016 | 03/01/2025 |
| Christian René Tang-Jespersen | Board member | 03/12/2018 | 03/01/2025 |
| Bo Ilsøe | Board member | 03/12/2018 | 03/01/2025 |
| Jean Adolphe Schmitt | Board member | 03/12/2018 | 03/01/2025 |
| Jens Peter Due Olsen | Board member | 29/05/2020 | 21/07/2020 |
| Jens Peter Due Olsen | Chair of the board | 22/07/2020 | 03/01/2025 |
| Henrik Nielsen | Board member | 22/07/2020 | 29/04/2024 |
| Thomas Haals Løndorf | Director | 30/03/2021 | 31/08/2026 |
| Jesper Lilledal Holmgaard | Board member | 29/04/2024 | 03/01/2025 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, af to bestyrelsesmedlemmer i forening med en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsNymøllevej 85
2800 Kongens Lyngby
Lyngby-Taarbæk Municipality · Postcode 2800
Other companies at the address (1)
- FK Select ApSTemporary employment agency activities and other staff provision
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NIL TECHNOLOGY ApS | Nymøllevej 85, 2800 Kongens Lyngby | 70 | 1011986362 |
Purpose
Selskabets formål er at drive virksomhed ved udvikling, produktion og salg af produkter inden for industri og service.
The purpose is quoted from the register in Danish.
Changes year by year
174 registered events20267 changesmanagement 5 · accounts 1 · address 1
- ManagementThomas Haals Løndorf appointed ceo
- ManagementThomas Haals Løndorf appointed board member
- ManagementTheodor Nielsen stepped down as board member
- ManagementTheodor Nielsen stepped down as ceo
- ManagementThomas Haals Løndorf stepped down as director
- AccountsAnnual report for 2025 published
- AddressMoved to Nymøllevej 85, 2800 Kongens Lyngby
202517 changesaccounts 1 · capital 1 · management 8 · ownership 6 · industry 1
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 1,202,545 DKK to 1,322,865 DKK
- ManagementWang, Yu-Chao appointed chair of the board
- ManagementChiang, Ping-Yu appointed board member
- ManagementJesper Lilledal Holmgaard stepped down as board member
- ManagementJens Peter Due Olsen stepped down as chair of the board
- ManagementBo Ilsøe stepped down as board member
- ManagementJean Adolphe Schmitt stepped down as board member
- ManagementChristian René Tang-Jespersen stepped down as board member
- ManagementAli Abdulwahab Ali Abdulwaheb Alhasan stepped down as board member
- OwnershipVækstfonden Growth K/S is no longer registered as owner
- OwnershipSwisscanto Private Equity I KmGK is no longer registered as owner
- OwnershipEIC Fund is no longer registered as owner
- OwnershipJolt Capital III FPCI is no longer registered as owner
- OwnershipNokia Growth Partners IV L.P. is no longer registered as owner
- OwnershipInvision Company Limited BVI is no longer registered as owner
- IndustryIndustry changed to Engineering consultancy in production and mechanical engineering (711220)
202451 changescapital 4 · ownership 44 · accounts 1 · management 2
- CapitalShare capital changed from 1,204,895 DKK to 1,202,545 DKK
- CapitalShare capital changed from 1,204,683 DKK to 1,204,895 DKK
- OwnershipVækstfonden Growth K/S registered as owner (10%)
- OwnershipRadiant Opto-Electronics Corporation registered as owner (100%)
- OwnershipSwisscanto Private Equity I KmGK registered as owner (5%)
- OwnershipEIC Fund registered as owner (10%)
- OwnershipJolt Capital III FPCI registered as owner (15%)
- OwnershipNokia Growth Partners IV L.P. registered as owner (10%)
- OwnershipInvision Company Limited BVI registered as owner (5%)
- AccountsAnnual report for 2023 published
- OwnershipInvision Company Limited BVI is no longer registered as owner
- OwnershipRadiant Opto-Electronics Corporation is no longer registered as owner
- OwnershipSwisscanto Private Equity I KmGK is no longer registered as owner
- OwnershipEIC Fund is no longer registered as owner
- OwnershipJolt Capital III FPCI is no longer registered as owner
- OwnershipNokia Growth Partners IV L.P. is no longer registered as owner
- OwnershipVækstfonden Growth K/S is no longer registered as owner
- CapitalShare capital changed from 1,161,262 DKK to 1,204,683 DKK
- OwnershipInvision Company Limited BVI registered as owner (5%)
- OwnershipRadiant Opto-Electronics Corporation registered as owner (5%)
- OwnershipSwisscanto Private Equity I KmGK registered as owner (5%)
- OwnershipEIC Fund registered as owner (10%)
- OwnershipJolt Capital III FPCI registered as owner (15%)
- OwnershipNokia Growth Partners IV L.P. registered as owner (10%)
- OwnershipVækstfonden Growth K/S registered as owner (10%)
- OwnershipSwisscanto Private Equity I KmGK is no longer registered as owner
- OwnershipVækstfonden Growth K/S is no longer registered as owner
- OwnershipInvision Company Limited BVI is no longer registered as owner
- OwnershipNokia Growth Partners IV L.P. is no longer registered as owner
- OwnershipJolt Capital III FPCI is no longer registered as owner
- OwnershipEIC Fund is no longer registered as owner
- OwnershipRadiant Opto-Electronics Corporation is no longer registered as owner
- CapitalShare capital changed from 826,184 DKK to 1,161,262 DKK
- ManagementJesper Lilledal Holmgaard appointed board member
- ManagementHenrik Nielsen stepped down as board member
- OwnershipSwisscanto Private Equity I KmGK registered as owner (5%)
- OwnershipVækstfonden Growth K/S registered as owner (10%)
- OwnershipInvision Company Limited BVI registered as owner (5%)
- OwnershipNokia Growth Partners IV L.P. registered as owner (10%)
- OwnershipJolt Capital III FPCI registered as owner (15%)
- OwnershipEIC Fund registered as owner (10%)
- OwnershipRadiant Opto-Electronics Corporation registered as owner (5%)
- OwnershipHenrik Nielsen is no longer registered as owner
- OwnershipBILENBERG INVEST ApS is no longer registered as owner
- OwnershipTHEODOR INVEST ApS is no longer registered as owner
- OwnershipSwisscanto Private Equity I KmGK is no longer registered as owner
- OwnershipVækstfonden Growth K/S is no longer registered as owner
- OwnershipEIC Fund is no longer registered as owner
- OwnershipJolt Capital III FPCI is no longer registered as owner
- OwnershipNokia Growth Partners IV L.P. is no longer registered as owner
- OwnershipInvision Company Limited BVI is no longer registered as owner
20233 changesownership 2 · accounts 1
- OwnershipHenrik Nielsen registered as owner (5%)
- OwnershipHNI TRADING ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
20222 changescapital 1 · accounts 1
- CapitalShare capital changed from 825,684 DKK to 826,184 DKK
- AccountsAnnual report for 2021 published
20218 changescapital 3 · accounts 1 · management 1 · ownership 3
- CapitalShare capital changed from 824,354 DKK to 825,684 DKK
- AccountsAnnual report for 2020 published
- ManagementThomas Haals Løndorf appointed director
- CapitalShare capital changed from 760,360 DKK to 824,354 DKK
- OwnershipSwisscanto Private Equity I KmGK registered as owner (5%)
- CapitalShare capital changed from 505,537 DKK to 760,360 DKK
- OwnershipVækstfonden Growth K/S registered as owner (5%)
- OwnershipEIC Fund registered as owner (15%)
202014 changescapital 2 · management 6 · ownership 6
- CapitalShare capital changed from 504,017 DKK to 505,537 DKK
- CapitalShare capital changed from 434,646 DKK to 504,017 DKK
- ManagementJens Peter Due Olsen appointed chair of the board
- ManagementHenrik Nielsen appointed board member
- OwnershipHNI TRADING ApS registered as owner (5%)
- OwnershipJolt Capital III FPCI registered as owner (15%)
- OwnershipNokia Growth Partners IV L.P. registered as owner (10%)
- ManagementJens Peter Due Olsen stepped down as board member
- ManagementHenrik Nielsen stepped down as chair of the board
- OwnershipHNI TRADING ApS is no longer registered as owner
- OwnershipJolt Capital III FPCI is no longer registered as owner
- OwnershipNokia Growth Partners IV L.P. is no longer registered as owner
- ManagementKarl Niklas Hansson stepped down as director
- ManagementJens Peter Due Olsen appointed board member
20199 changescapital 2 · ownership 6 · address 1
- CapitalShare capital changed from 428,552 DKK to 434,646 DKK
- OwnershipHNI TRADING ApS registered as owner (10%)
- OwnershipHNI TRADING ApS is no longer registered as owner
- CapitalShare capital changed from 425,300 DKK to 428,552 DKK
- OwnershipBILENBERG INVEST ApS registered as owner (5%)
- OwnershipTHEODOR INVEST ApS registered as owner (5%)
- OwnershipBILENBERG INVEST ApS is no longer registered as owner
- OwnershipTHEODOR INVEST ApS is no longer registered as owner
- AddressMoved to Haldor Topsøes Allé 1, 2800 Kongens Lyngby
201815 changescapital 1 · management 5 · ownership 9
- CapitalShare capital changed from 264,680 DKK to 425,300 DKK
- ManagementBo Ilsøe appointed board member
- ManagementJean Adolphe Schmitt appointed board member
- ManagementChristian René Tang-Jespersen appointed board member
- ManagementBrian Bilenberg stepped down as board member
- OwnershipBILENBERG INVEST ApS registered as owner (10%)
- OwnershipHNI TRADING ApS registered as owner (5%)
- OwnershipJolt Capital III FPCI registered as owner (15%)
- OwnershipNokia Growth Partners IV L.P. registered as owner (10%)
- OwnershipInvision Company Limited BVI registered as owner (10%)
- OwnershipTHEODOR INVEST ApS registered as owner (10%)
- OwnershipHNI TRADING ApS is no longer registered as owner
- OwnershipInvision Company Limited BVI is no longer registered as owner
- OwnershipTHEODOR INVEST ApS is no longer registered as owner
- ManagementGabi Grützner stepped down as board member
20171 changecapital 1
- CapitalShare capital changed from 259,400 DKK to 264,680 DKK
20168 changescapital 1 · management 5 · ownership 1 · address 1
- CapitalShare capital changed from 212,922 DKK to 259,400 DKK
- ManagementHenrik Nielsen appointed chair of the board
- ManagementTheodor Nielsen appointed board member
- ManagementAli Abdulwahab Ali Abdulwaheb Alhasan appointed board member
- ManagementShahram Dini stepped down as chair of the board
- OwnershipHNI TRADING ApS registered as owner (10%)
- ManagementSH. Salman Hamad Ebrahim Muhamed Al Khalifa stepped down as board member
- AddressMoved to Diplomvej 381, 2800 Kgs. Lyngby
20151 changeownership 1
- OwnershipInvision Company Limited BVI registered as owner (33.33%)
20142 changesownership 1 · management 1
- OwnershipTHEODOR INVEST ApS registered as owner (15%)
- ManagementSH. Salman Hamad Ebrahim Muhamed Al Khalifa appointed board member
20134 changescapital 1 · management 3
- CapitalShare capital changed from 210,195 DKK to 212,922 DKK
- ManagementShahram Dini appointed chair of the board
- ManagementBrian Bilenberg appointed board member
- ManagementClaus Torben Warming stepped down as chair of the board
20123 changescapital 2 · management 1
- CapitalShare capital changed from 206,106 DKK to 210,195 DKK
- CapitalShare capital changed from 190,250 DKK to 206,106 DKK
- ManagementKarl Niklas Hansson appointed director
20111 changecapital 1
- CapitalShare capital changed from 179,650 DKK to 190,250 DKK
20103 changesmanagement 2 · capital 1
- ManagementPeixiong Shi stepped down as board member
- CapitalShare capital changed from 125,000 DKK to 179,650 DKK
- ManagementBrian Bilenberg appointed director
20094 changesaddress 1 · management 3
- AddressMoved to Diplomvej 381, 2800 Kgs.Lyngby
- ManagementClaus Torben Warming appointed chair of the board
- ManagementMichael Vinther stepped down as chair of the board
- ManagementJesper Toft stepped down as board member
20084 changesmanagement 3 · industry 1
- ManagementTheodor Nielsen stepped down as board member
- ManagementJesper Toft appointed board member
- IndustryIndustry changed to Engineering consultancy in production and mechanical engineering (711220)
- ManagementPeixiong Shi appointed board member
20073 changescapital 2 · address 1
- CapitalShare capital changed from 135,769 DKK to 125,000 DKK
- CapitalShare capital changed from 131,080 DKK to 135,769 DKK
- AddressMoved to Ørsteds Plads 347, 2800 Kgs.Lyngby
200614 changesmanagement 10 · capital 1 · industry 1 · name 1 · founded 1
- ManagementMichael Vinther appointed chair of the board
- ManagementJeppe Sebastian Lethansen stepped down as chair of the board
- ManagementJeppe Sebastian Lethansen appointed chair of the board
- CapitalShare capital changed from 129,667 DKK to 131,080 DKK
- ManagementTheodor Nielsen appointed board member
- ManagementSune Nørgaard Andersen stepped down as board member
- ManagementCathal John Mahon stepped down as chair of the board
- ManagementGabi Grützner appointed board member
- IndustryIndustry changed to Rådgivende ingeniørvirksomhed indenfor produktions- og maskinteknik (742020)
- NameName changed from NANOMASK ApS to NIL TECHNOLOGY ApS
- FoundedRegistered as NANOMASK ApS
- ManagementSune Nørgaard Andersen appointed board member
- ManagementCathal John Mahon appointed chair of the board
- ManagementTheodor Nielsen appointed ceo
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Same people in management
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Largest in the industry
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- NNE A/SDKK 681.3m
- BEUMER Group A/SDKK 498.8m
- DNV Denmark A/SDKK 284.9m
- Power Stow International A/SDKK 270.3m
- Dansk Ingeniørservice A/SDKK 231.6m
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.