nShift A/S
Public limited companyCVR 26375134Aarhus VActive
nShift A/S is a public limited company, based in Aarhus V, active in other software publishing, founded in 2001. Net profit fell 21% from 2024 to 2025, ending at DKK 11.7m. With 40 employees, the company is about 10 times larger than the industry median. Equity grew to DKK 27.2m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 18% (2024 → 2025), to DKK 19.3m.
- Net profit fell 21% (2024 → 2025), to DKK 11.7m.
- Equity rose 33% (2024 → 2025), to DKK 27.2m.
Employees
- 4 more employees than a year earlier: 40 (08/2026) against 36 (08/2025).
Management and owners, last 24 months
- New in management: Ross Gordon Findlay (chair of the board, 15/01/2026) and Thomas Angell (board member, 08/06/2026).
- Stepped down: Sune Mattias Gredenhag (board member, 08/06/2026) and Andrew William Hicks (chair of the board, 15/01/2026).
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 | 15,616 | 15,318 | 31,630 | 18,505 | 23,412 | 19,255 | −17.8% |
| Operating profit (EBIT) | 6,793 | – | – | – | – | – | – |
| Profit before tax | 6,416 | – | – | – | 19,064 | 15,068 | −21% |
| Net profit | 5,000 | 527 | 18,352 | 11,284 | 14,789 | 11,675 | −21.1% |
| Total assets | 35,076 | 23,093 | 57,327 | 72,522 | 76,135 | 63,775 | −16.2% |
| Equity | 5,535 | 1,062 | 19,460 | 30,698 | 20,487 | 27,163 | +32.6% |
| Liabilities | 29,526 | 21,975 | 37,790 | 41,824 | 55,470 | 36,434 | −34.3% |
| Cash and cash equivalents | 1,838 | 1,422 | 2,027 | 3,808 | 10,764 | 18,207 | +69.1% |
| Average number of employees | 25 | 27 | 25 | 27 | 37 | 37 | 0% |
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 figuresProfit 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 | 17/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 21/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 17/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 19/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 09/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 12/04/2021 | 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
499 companies in the databaseComparison with the other companies in other software publishing based on the latest financial year.
Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 3,030of 9,892 Better than 69% | No. 1,316of 9,922 Better than 87% |
| Same industry and 20–49 employees64 companies in the comparison | No. 36of 63 Better than 44% | No. 12of 64 Better than 83% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 3,496of 24,791 Better than 86% | No. 3,634of 24,909 Better than 85% |
| All companies of type A/S18,025 companies in the comparison | No. 6,115of 17,786 Better than 66% | No. 5,228of 18,024 Better than 71% |
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- nShift A/SDKK 19.3m
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- nShift A/SDKK 11.7m
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- nShift A/SDKK 27.2m
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- nShift A/S40
- Milestone Systems A/S531
- 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- nShift Group AS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Nick Edward Bartlett | CEO | 12/01/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Nick Edward Bartlett | Board member | 12/01/2023 |
| Ross Gordon Findlay | Chair of the board | 15/01/2026 |
| Thomas Angell | Board member | 08/06/2026 |
- Founders
- Jørgen Noes
Former management (19)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Thomas Tang Thomsen | Board member | 30/11/2001 | 26/06/2014 |
| Peter Tang Thomsen | Chair of the board | 30/11/2001 | 10/09/2021 |
| Jørgen Noes | Board member | 30/11/2001 | 26/06/2014 |
| Jørgen Noes | Director | 30/11/2001 | 01/03/2007 |
| Steffen Pasgaard | Director | 01/03/2007 | 31/05/2019 |
| Lotte Levring | Director | 24/06/2014 | 31/05/2019 |
| Casper Damgaard | Director | 24/06/2014 | 31/05/2019 |
| Steffen Pasgaard | Board member | 26/06/2014 | 31/05/2019 |
| Webjørn Mannsverk | Board member | 26/06/2014 | 10/09/2021 |
| Henrik Olsson Dalum | Director | 01/05/2019 | 10/09/2021 |
| Thomas Angell | Board member | 27/06/2019 | 10/09/2021 |
| Lars Dige Pedersen | Chair of the board | 10/09/2021 | 25/09/2024 |
| Carl Peter Magnusson | Board member | 10/09/2021 | 01/08/2022 |
| Carl Peter Magnusson | CEO | 10/09/2021 | 01/08/2022 |
| Sune Mattias Gredenhag | Board member | 10/09/2021 | 08/06/2026 |
| Didier Joseph André Faure | Board member | 01/08/2022 | 12/01/2023 |
| Didier Joseph André Faure | CEO | 01/08/2022 | 12/01/2023 |
| Andrew William Hicks | Board member | 12/06/2023 | 24/09/2024 |
| Andrew William Hicks | Chair of the board | 25/09/2024 | 15/01/2026 |
Signing rule: Selskabet tegnes af ét bestyrelsesmedlem alene eller af den samlede bestyrelse i forening.
Address and production units
2 active production unitsRunevej 2A
8210 Aarhus V
Aarhus Municipality · Postcode 8210
Other companies at the address (1)
- Cej Aarhus A/SManagement of real estate on a contract basis
| Production unit | Address | Employees | P number |
|---|---|---|---|
| nShift A/S | Runevej 2A, Hasle, 8210 Aarhus V | 28 | 1008839790 |
| nShift A/S | Vestergade 38, 8600 Silkeborg | 12 | 1030694976 |
Purpose
Selskabets formål er at drive service, handel og industri og hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
60 registered events20265 changesmanagement 4 · accounts 1
- ManagementThomas Angell appointed board member
- ManagementSune Mattias Gredenhag stepped down as board member
- AccountsAnnual report for 2025 published
- ManagementRoss Gordon Findlay appointed chair of the board
- ManagementAndrew William Hicks stepped down as chair of the board
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20244 changesmanagement 3 · accounts 1
- ManagementAndrew William Hicks appointed chair of the board
- ManagementLars Dige Pedersen stepped down as chair of the board
- ManagementAndrew William Hicks stepped down as board member
- AccountsAnnual report for 2023 published
20236 changesaccounts 1 · management 5
- AccountsAnnual report for 2022 published
- ManagementAndrew William Hicks appointed board member
- ManagementNick Edward Bartlett appointed ceo
- ManagementNick Edward Bartlett appointed board member
- ManagementDidier Joseph André Faure stepped down as ceo
- ManagementDidier Joseph André Faure stepped down as board member
20226 changesaddress 1 · management 4 · accounts 1
- AddressMoved to Runevej 2A, Hasle, 8210 Aarhus V
- ManagementDidier Joseph André Faure appointed ceo
- ManagementDidier Joseph André Faure appointed board member
- ManagementCarl Peter Magnusson stepped down as board member
- ManagementCarl Peter Magnusson stepped down as ceo
- AccountsAnnual report for 2021 published
202110 changesmanagement 8 · name 1 · accounts 1
- ManagementLars Dige Pedersen appointed chair of the board
- ManagementCarl Peter Magnusson appointed board member
- ManagementCarl Peter Magnusson appointed ceo
- ManagementSune Mattias Gredenhag appointed board member
- ManagementThomas Angell stepped down as board member
- ManagementHenrik Olsson Dalum stepped down as director
- ManagementWebjørn Mannsverk stepped down as board member
- ManagementPeter Tang Thomsen stepped down as chair of the board
- NameName changed from Consignor A/S to nShift A/S
- AccountsAnnual report for 2020 published
20196 changesmanagement 6
- ManagementThomas Angell appointed board member
- ManagementSteffen Pasgaard stepped down as board member
- ManagementLotte Levring stepped down as director
- ManagementCasper Damgaard stepped down as director
- ManagementSteffen Pasgaard stepped down as director
- ManagementHenrik Olsson Dalum appointed director
20161 changename 1
- NameName changed from EDI-SOFT DANMARK A/S to Consignor A/S
20146 changesmanagement 6
- ManagementWebjørn Mannsverk appointed board member
- ManagementSteffen Pasgaard appointed board member
- ManagementThomas Tang Thomsen stepped down as board member
- ManagementJørgen Noes stepped down as board member
- ManagementLotte Levring appointed director
- ManagementCasper Damgaard appointed director
20101 changeaddress 1
- AddressMoved to Bredskifte Allé 11, Hasle, 8210 Aarhus V
20081 changeindustry 1
- IndustryIndustry changed to Other software publishing (582900)
20073 changesmanagement 2 · address 1
- ManagementSteffen Pasgaard appointed director
- ManagementJørgen Noes stepped down as director
- AddressMoved to Anelystparken 45C, True, 8381 Tilst
20061 changeaddress 1
- AddressMoved to Åbogade 15, 8200 Århus N
20031 changeindustry 1
- IndustryIndustry changed to Udvikling af standardsoftware (722100)
20022 changesaddress 1 · industry 1
- AddressMoved to Sønderhøj 46, 8260 Viby J
- IndustryIndustry changed to Research and experimental development on social sciences and humanities (722000)
20016 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as EDI-SOFT DANMARK A/S
- ManagementThomas Tang Thomsen appointed board member
- ManagementJørgen Noes appointed board member
- ManagementPeter Tang Thomsen appointed chair of the board
- ManagementJørgen Noes appointed director
- OwnershipnShift Group AS registered as owner (100%)
Related companies
Same industry in Aarhus
- Trifork Digital Health A/S128 employees
- Novax A/S73 employees
- Boyum IT Solutions A/S60 employees
- Qarma ApS39 employees
- Timextender A/S27 employees
- STMicroelectronics A/S24 employees
Same people in management
- Atletion A/Svia Jørgen Noes
- Am Værktøj Odense A/Svia Steffen Pasgaard
- Expromo Europe A/Svia Jørgen Noes
- Wilson Offshore A/Svia Steffen Pasgaard
- Www.hjem.dk ApSvia Steffen Pasgaard
- Proshop Europe A/Svia Jørgen Noes
Largest in the industry
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Google Denmark ApSDKK 382m
- Continia Software A/SDKK 309.6m
- Boyum IT Solutions A/SDKK 208.2m
- Capture One A/SDKK 164.4m
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.