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Open Text A/S

Public limited companyCVR 27256597NordhavnActive

Open Text A/S is a public limited company, based in Nordhavn, active in other software publishing, founded in 2003. Net profit rose 27% from 2024 to 2025, ending at DKK 2.8m. With 16 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 83% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 18m+43.9% vs. 2024
Net profitDKK 2.8m+26.7% vs. 2024
EquityDKK 23.7m+13.4% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 44% (2024 → 2025), to DKK 18m.
  • Net profit rose 27% (2024 → 2025), to DKK 2.8m.
  • Equity rose 13% (2024 → 2025), to DKK 23.7m.

Employees

  • 1 more employees than a year earlier: 16 (08/2026) against 15 (08/2025).

Management and owners, last 24 months

  • New in management: Michael Fernando Acedo (chair of the board, 28/02/2025) and Tazewell Southgate Rowe (board member, 28/02/2025).
  • Stepped down: Madhu Ranganathan (chair of the board, 28/02/2025) and Michael Fernando Acedo (board member, 27/02/2025).

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 thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
EquityNet profit
Financial figures for Open Text A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit11,35813,05512,24914,72912,53518,042+43.9%
Operating profit (EBIT)3,1923,0522,0894,0991,4482,588+78.7%
Profit before tax1,8702,2851,8963,4382,8623,775+31.9%
Net profit1,2121,6192,8172,6622,2202,813+26.7%
Total assets64,71365,66863,55359,03067,16374,525+11%
Equity11,61013,22816,04518,70720,92723,740+13.4%
Liabilities53,102–47,50840,32346,23550,785+9.8%
Cash and cash equivalents25,40744,58712,36746,02053,7140−100%
Average number of employees6667711+57.1%

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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
Annual reports for Open Text A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202518/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202405/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202319/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202203/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202119/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202007/12/2020The 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
02468101214161809/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 profitDKK 18mNo. 87 of 494
Better than 83% of the companies in the industry
EquityDKK 23.7mNo. 49 of 499
Better than 90% of the companies in the industry
Number of employees16No. 135 of 499
Better than 73% 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 875.9mHere
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. 1,787of 69,742
Better than 97%
No. 5,187of 69,964
Better than 93%
Same industry and fewer than 20 employees406 companies in the comparison
No. 23of 404
Better than 95%
No. 15of 406
Better than 97%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,729of 24,791
Better than 85%
No. 3,988of 24,909
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 6,408of 17,786
Better than 64%
No. 5,624of 18,024
Better than 69%

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. Open Text A/SDKK 18m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Open Text A/SDKK 2.8m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Open Text A/SDKK 23.7m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Open Text A/S16
  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
  • Open Text Coöperatief U.A.100%
Open Text A/S

Management

4 active registrations

Executive management

Executive management at Open Text A/S
NameRoleAppointed
Christian WaidaDirector17/05/2010

Board of directors

Board of directors at Open Text A/S
NameRoleAppointed
Christian WaidaBoard member17/05/2010
Michael Fernando AcedoChair of the board28/02/2025
Tazewell Southgate RoweBoard member28/02/2025
Auditor
KPMG P/S
Founders
Ixos Software AG
Former management (22)
Former management at Open Text A/S
NameRoleAppointedResigned
Peter RauBoard member24/06/200301/03/2004
Simon KhoslaChair of the board24/06/200329/10/2004
Richard GailerBoard member24/06/200301/03/2004
Christoph JenniDirector24/06/200306/09/2004
Poul Brockdorff HolmBoard member14/07/200306/09/2004
Poul Brockdorff HolmDirector14/07/200306/09/2004
Lars HjortebjergDirector14/07/200318/12/2006
Brenda MorrisBoard member06/09/200421/03/2005
Brenda MorrisCEO06/09/200421/03/2005
Ulla Franziska NeunzertBoard member06/09/200418/12/2006
Alexander ForssmanBoard member29/10/200417/05/2010
John ShackletonChair of the board29/10/200402/11/2004
John Anthony KirkhamChair of the board02/11/200401/08/2007
Bo PetersenBoard member21/03/200504/08/2008
Bo PetersenCEO21/03/200513/08/2008
Walter Karl Christof KöhlerChair of the board01/08/200731/07/2014
John ShackletonBoard member04/08/200831/12/2009
Alexander Christian Horst ForssmanDirector13/08/200817/05/2010
Gordon Allan DaviesBoard member01/01/201001/08/2022
John Marshall DoolittleChair of the board07/11/201431/08/2018
Madhu RanganathanChair of the board31/08/201828/02/2025
Michael Fernando AcedoBoard member01/08/202227/02/2025

Signing rule: Selskabet tegnes i forening af 2 bestyrelsesmedlemmer eller af en direktør i forening med et bestyrelsesmedlem eller af 2 direktører i forening.

Address and production units

1 active production units

Gdanskgade 18
2150 Nordhavn

København Municipality · Postcode 2150

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
OPEN TEXT A/SGdanskgade 18, 2150 Nordhavn161008502230

Purpose

Selskabets formål er at udvikle, distribuere og vedligeholde computer software af enhver art samt at foranstalte hermed forbundet rådgivende service og undervisning, køb, salg og/eller administration af varemærker, patenter, licenser, hardware og andre immaterielle aktiver på vegne af selskabet eller tredieparter, samt finansiering og garantistillelse for koncernforbudne selskaber og tredieparter, køb, administration og salg af fast ejendom samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

64 registered events
20255 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Michael Fernando Acedo appointed chair of the board
  • Tazewell Southgate Rowe appointed board member
  • Madhu Ranganathan stepped down as chair of the board
  • Michael Fernando Acedo stepped down as board member
20243 changesaccounts 1 · address 2
  • Annual report for 2024 published
  • Moved to Gdanskgade 18, 2150 Nordhavn
  • Moved to Gdanskgade 18, 2150 Nordhavn
20231 changeaccounts 1
  • Annual report for 2023 published
20223 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Michael Fernando Acedo appointed board member
  • Gordon Allan Davies stepped down as board member
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20191 changeaddress 1
  • Moved to Langelinie Allé 35, 2100 København Ø
20182 changesmanagement 2
  • Madhu Ranganathan appointed chair of the board
  • John Marshall Doolittle stepped down as chair of the board
20142 changesmanagement 2
  • John Marshall Doolittle appointed chair of the board
  • Walter Karl Christof Köhler stepped down as chair of the board
20131 changeownership 1
  • Open Text Coöperatief U.A. registered as owner (100%)
20111 changeaddress 1
  • Moved to Langebrogade 5, 1411 København K
20105 changesmanagement 5
  • Christian Waida appointed director
  • Christian Waida appointed board member
  • Alexander Christian Horst Forssman stepped down as director
  • Alexander Forssman stepped down as board member
  • Gordon Allan Davies appointed board member
20092 changesmanagement 1 · address 1
  • John Shackleton stepped down as board member
  • Moved to Larsbjørnsstræde 3, 1454 København K
20086 changesmanagement 4 · name 1 · industry 1
  • Alexander Christian Horst Forssman appointed director
  • Bo Petersen stepped down as ceo
  • John Shackleton appointed board member
  • Bo Petersen stepped down as board member
  • Name changed from IXOS SOFTWARE NORDIC A/S to OPEN TEXT A/S
  • Industry changed to Other software publishing (582900)
20072 changesmanagement 2
  • Walter Karl Christof Köhler appointed chair of the board
  • John Anthony Kirkham stepped down as chair of the board
20062 changesmanagement 2
  • Ulla Franziska Neunzert stepped down as board member
  • Lars Hjortebjerg stepped down as director
20054 changesmanagement 4
  • Bo Petersen appointed board member
  • Bo Petersen appointed ceo
  • Brenda Morris stepped down as board member
  • Brenda Morris stepped down as ceo
200413 changesmanagement 13
  • John Anthony Kirkham appointed chair of the board
  • John Shackleton stepped down as chair of the board
  • Alexander Forssman appointed board member
  • John Shackleton appointed chair of the board
  • Simon Khosla stepped down as chair of the board
  • Brenda Morris appointed board member
  • Ulla Franziska Neunzert appointed board member
  • Brenda Morris appointed ceo
  • Poul Brockdorff Holm stepped down as board member
  • Poul Brockdorff Holm stepped down as director
  • Christoph Jenni stepped down as director
  • Peter Rau stepped down as board member
  • Richard Gailer stepped down as board member
20039 changesmanagement 7 · industry 1 · founded 1
  • Poul Brockdorff Holm appointed board member
  • Lars Hjortebjerg appointed director
  • Poul Brockdorff Holm appointed director
  • Industry changed to Udvikling af standardsoftware (722100)
  • Registered as IXOS SOFTWARE NORDIC A/S
  • Peter Rau appointed board member
  • Christoph Jenni appointed director
  • Richard Gailer appointed board member
  • Simon Khosla appointed chair of the board

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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