Northstake ApS

Private limited companyCVR 42818739København KActive

Northstake ApS is a private limited company, based in København K, active in other software publishing, founded in 2021. The company made a loss in both 2024 and 2025, most recently DKK 4.9m. Equity grew to DKK 13.3m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 5.3m−8.3% vs. 2024
Net profit−DKK 4.9m+42.1% vs. 2024
EquityDKK 13.3m+593.2% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 8.5m to DKK 4.9m (2024 → 2025).
  • Equity rose 593% (2024 → 2025), to DKK 13.3m.

Employees

  • 2 fewer employees than a year earlier: 4 (07/2026) against 6 (07/2025).

Management and owners, last 24 months

  • New in management: Christian Johan Claudi Risom (board member, 17/06/2025) and Luca Sorlini (board member, 17/06/2025).
  • Stepped down: Richard Breiter (board member, 17/06/2025), Hans Henrik Hoffmeyer (board member, 17/06/2025) and Claus Nielsen (board member, 17/06/2025) (+2).
  • New owners registered: Upright Capital ApS (17/06/2025), Emil Bay Holding ApS (17/06/2025) and Capital J ApS (17/06/2025) (+4).
  • No longer registered as owner: PreSeed Ventures Tech Fund I K/S (17/06/2025), Capital J ApS (16/06/2025) and Morph Capital xyz ApS (17/06/2025) (+4).

Registrations, last 24 months

  • 19/08/2025: Moved to Amaliegade 45, st, 1256 København K
  • 17/06/2025: Share capital changed from 975,779 DKK to 649,981 DKK
  • 17/06/2025: Status changed to active
  • 17/06/2025: Name changed from Northstake A/S to Northstake ApS
  • 16/04/2025: Status changed to under reconstruction
  • 06/11/2024: Moved to Store Kongensgade 59A, 2. tv, 1264 København K

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 2022–2025 · amounts in DKK thousand

Equity and net profit

−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m2022202320242025
EquityNet profit
Financial figures for Northstake ApS
2022202320242025Change
Revenuenot statednot statednot statednot stated–
Gross profit−399−3,406−4,908−5,315−8.3%
Profit before tax−7,048−9,416−10,822−6,083+43.8%
Net profit−5,513−7,369−8,523−4,933+42.1%
Total assets16,12515,2058,95814,024+56.6%
Equity14,20010,5241,91313,263+593.2%
Liabilities1,9254,6817,045761−89.2%
Cash and cash equivalents13,5676,1632,137889−58.4%
Average number of employees57106−40%

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 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 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4m2022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    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 10 in 2024 to 6 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

4 financial years
Annual reports for Northstake ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202508/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202419/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/07/2024The companyPDFXBRL
202203/11/2021 – 31/12/202211/07/2023The 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
02468101208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

499 companies in the database

Comparison with the other companies in other software publishing based on the latest financial year.

Gross profit−DKK 5.3mNo. 486 of 494
Better than 2% of the companies in the industry
EquityDKK 13.3mNo. 76 of 499
Better than 85% of the companies in the industry
Number of employees4No. 201 of 499
Better than 60% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 168.1mDKK 875.9m
Distribution of gross profit for 427 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. 69,537of 69,742
Better than 0%
No. 7,547of 69,964
Better than 89%
Same industry and fewer than 20 employees406 companies in the comparison
No. 397of 404
Better than 2%
No. 32of 406
Better than 92%
Companies that are founded within the last five years16,662 companies in the comparison
No. 16,551of 16,614
Better than 0%
No. 739of 16,661
Better than 96%
All companies of type ApS66,508 companies in the comparison
No. 66,199of 66,379
Better than 0%
No. 5,623of 66,505
Better than 92%

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

Other software publishing
Gross profit
  1. Northstake ApS−DKK 5.3m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Northstake ApS−DKK 4.9m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Northstake ApSDKK 13.3m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Northstake ApS4
  2. Milestone Systems A/S531
  3. Visma e-conomic A/S456

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
  • Upright Capital ApS15%
  • Emil Bay Holding ApS5%
  • Capital J ApS20%
  • Bjørn Partners ApS15%
  • Sorlini Holding Ltd5%
  • Fabric Ventures Fund 2021 SCSp5%
Northstake ApS

Management

4 active registrations

Executive management

Executive management at Northstake ApS
NameRoleAppointed
Jesper JohansenDirector03/11/2021

Board of directors

Board of directors at Northstake ApS
NameRoleAppointed
Jesper JohansenBoard member03/11/2021
Christian Johan Claudi RisomBoard member17/06/2025
Luca SorliniBoard member17/06/2025
Founders
Capital J ApS
Former management (10)
Former management at Northstake ApS
NameRoleAppointedResigned
Jesper UrbanChair of the board03/11/202126/04/2023
Martin JensenBoard member03/11/202126/04/2023
Luca SorliniBoard member03/11/202126/04/2023
Jesper Mathias NielsenBoard member30/11/202126/04/2023
Richard BreiterBoard member26/04/202317/06/2025
Hans Henrik HoffmeyerBoard member26/04/202317/06/2025
Claus NielsenBoard member26/04/202317/06/2025
Payam SamarghandiBoard member26/04/202316/06/2025
Kirstine DamkjærBoard member14/06/202324/05/2024
Karina Rothoff BrixBoard member18/06/202404/11/2024

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Amaliegade 45
1256 København K

København Municipality · Postcode 1256

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Northstake ApSAmaliegade 45, st, 1256 København K41027706335

Purpose

Selskabets formål er udvikling af software og netværksprotokoller, investering i teknologi aktiver samt al anden virksomhed, som efter ledelsens skøn er beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

101 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202526 changesaddress 1 · accounts 1 · name 1 · status 2 · capital 1 · management 6 · ownership 14
  • Moved to Amaliegade 45, st, 1256 København K
  • Annual report for 2024 published
  • Name changed from Northstake A/S to Northstake ApS
  • Status changed to active
  • Share capital changed from 975,779 DKK to 649,981 DKK
  • Luca Sorlini appointed board member
  • Christian Johan Claudi Risom appointed board member
  • Richard Breiter stepped down as board member
  • Hans Henrik Hoffmeyer stepped down as board member
  • Claus Nielsen stepped down as board member
  • Bjørn Partners ApS registered as owner (15%)
  • Capital J ApS registered as owner (20%)
  • Emil Bay Holding ApS registered as owner (5%)
  • Upright Capital ApS registered as owner (15%)
  • Funfair Holdings (IOM) Limited registered as owner (5%)
  • Funfair Holdings (IOM) Limited is no longer registered as owner
  • Fabric Ventures Fund 2021 SCSp registered as owner (5%)
  • Sorlini Holding Ltd registered as owner (5%)
  • Sorlini Holding Denmark ApS is no longer registered as owner
  • Delta Blockchain Ltd. is no longer registered as owner
  • Morph Capital xyz ApS is no longer registered as owner
  • PreSeed Ventures Tech Fund I K/S is no longer registered as owner
  • Payam Samarghandi stepped down as board member
  • Emil Bay Holding ApS is no longer registered as owner
  • Capital J ApS is no longer registered as owner
  • Status changed to under reconstruction
202415 changesaddress 3 · management 3 · accounts 1 · capital 1 · ownership 7
  • Moved to Store Kongensgade 59A, 2. tv, 1264 København K
  • Moved to Store Kongensgade 59A, 2. tv, 1264 København K
  • Karina Rothoff Brix stepped down as board member
  • Moved to Store Kongensgade 59A, 4, 1264 København K
  • Annual report for 2023 published
  • Share capital changed from 991,645 DKK to 975,779 DKK
  • Karina Rothoff Brix appointed board member
  • Sorlini Holding Denmark ApS registered as owner (10%)
  • Emil Bay Holding ApS registered as owner (10%)
  • Northstake ApS is no longer registered as owner
  • Emil Bay Holding ApS is no longer registered as owner
  • Sorlini Holding Denmark ApS is no longer registered as owner
  • Northstake ApS registered as owner (10%)
  • Xander Capital ApS is no longer registered as owner
  • Kirstine Damkjær stepped down as board member
202317 changescapital 2 · ownership 5 · accounts 1 · management 9
  • Share capital changed from 987,026 DKK to 991,645 DKK
  • JUH ApS is no longer registered as owner
  • MAJO Invest ApS is no longer registered as owner
  • Annual report for 2022 published
  • Kirstine Damkjær appointed board member
  • Share capital changed from 925,864 DKK to 987,026 DKK
  • Payam Samarghandi appointed board member
  • Richard Breiter appointed board member
  • Hans Henrik Hoffmeyer appointed board member
  • Claus Nielsen appointed board member
  • Jesper Mathias Nielsen stepped down as board member
  • Jesper Urban stepped down as chair of the board
  • Luca Sorlini stepped down as board member
  • Martin Jensen stepped down as board member
  • Delta Blockchain Ltd. registered as owner (5%)
  • Morph Capital xyz ApS registered as owner (5%)
  • Morph Capital xyz ApS is no longer registered as owner
202225 changescapital 3 · address 1 · ownership 21
  • Share capital changed from 886,699 DKK to 925,864 DKK
  • Moved to Højbro Plads 10, 1200 København K
  • Share capital changed from 564,513 DKK to 886,699 DKK
  • Xander Capital ApS registered as owner (10%)
  • JUH ApS registered as owner (5%)
  • MAJO Invest ApS registered as owner (5%)
  • Emil Bay Holding ApS registered as owner (5%)
  • PreSeed Ventures Tech Fund I K/S registered as owner (10%)
  • Capital J ApS registered as owner (25%)
  • Sorlini Holding Denmark ApS registered as owner (5%)
  • Morph Capital xyz ApS registered as owner (10%)
  • Capital J ApS is no longer registered as owner
  • Emil Bay Holding ApS is no longer registered as owner
  • MAJO Invest ApS is no longer registered as owner
  • JUH ApS is no longer registered as owner
  • Sorlini Holding Denmark ApS is no longer registered as owner
  • Xander Capital ApS is no longer registered as owner
  • Share capital changed from 400,000 DKK to 564,513 DKK
  • Capital J ApS registered as owner (33.33%)
  • Emil Bay Holding ApS registered as owner (10%)
  • MAJO Invest ApS registered as owner (5%)
  • JUH ApS registered as owner (5%)
  • MAJO Invest ApS is no longer registered as owner
  • JUH ApS is no longer registered as owner
  • Capital J ApS is no longer registered as owner
202117 changesname 1 · capital 2 · management 6 · ownership 7 · founded 1
  • Name changed from Northstake ApS to Northstake A/S
  • Share capital changed from 66,668 DKK to 400,000 DKK
  • Jesper Mathias Nielsen appointed board member
  • Share capital changed from 40,000 DKK to 66,668 DKK
  • MAJO Invest ApS registered as owner (10%)
  • JUH ApS registered as owner (10%)
  • Sorlini Holding Denmark ApS registered as owner (10%)
  • Xander Capital ApS registered as owner (10%)
  • Capital J ApS registered as owner (50%)
  • Capital J ApS is no longer registered as owner
  • Registered as Northstake ApS
  • Jesper Urban appointed chair of the board
  • Jesper Johansen appointed director
  • Jesper Johansen appointed board member
  • Luca Sorlini appointed board member
  • Martin Jensen appointed board member
  • Capital J ApS registered as owner (100%)

Related companies

Same industry in København

See all →

Same people in management

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.

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