Pandektes ApS

Private limited companyCVR 43620002København KActive

Pandektes ApS is a private limited company, based in København K, active in computer programming activities, founded in 2022. The company made a loss in both 2024 and 2025, most recently DKK 17.7m. With 36 employees, the company is about 9 times larger than the industry median. Equity fell to DKK 5.9m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 3.6m−1,118.7% vs. 2024
Net profit−DKK 17.7m−382.9% vs. 2024
EquityDKK 5.9m−74.6% vs. 2024
Employees36latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 3.7m to DKK 17.7m (2024 → 2025).
  • Equity fell 75% (2024 → 2025), to DKK 5.9m.

Employees

  • 10 more employees than a year earlier: 36 (07/2026) against 26 (07/2025).

Management and owners, last 24 months

  • New in management: Casper Brigsted Laursen (board member, 18/12/2024), Søren Brokær Rasmussen (board member, 18/12/2024) and Magnus Stagsted (board member, 18/12/2024) (+7).
  • Stepped down: Rune Mai (chair of the board, 07/09/2025), David Höhl (board member, 11/09/2026) and Rune Mai (board member, 11/09/2026) (+2).
  • New owners registered: CBL Holding 2020 ApS (18/12/2024), Rank 14 ApS (18/12/2024) and People Ventures Fund I K/S (18/12/2024) (+2).
  • No longer registered as owner: CBL Holding 2020 ApS (17/12/2024) and Rank 14 ApS (17/12/2024).

Registrations, last 24 months

  • 06/10/2026: Moved to Langebrogade 3F, 3, 1411 København K
  • 11/09/2026: Share capital changed from 83,129 DKK to 108,869 DKK
  • 08/09/2025: Share capital changed from 82,710 DKK to 83,129 DKK
  • 03/03/2025: Moved to Farvergade 2, 5. th, 1463 København K
  • 18/12/2024: Share capital changed from 64,756 DKK to 82,710 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 2023–2025 · amounts in DKK thousand

Equity and net profit

−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20m202320242025
EquityNet profit
Financial figures for Pandektes ApS
202320242025Change
Revenuenot statednot statednot stated–
Gross profit−194−292−3,560−1,118.7%
Operating profit (EBIT)−1,457−5,083−16,039−215.6%
Profit before tax−1,454−5,089−16,242−219.1%
Net profit−1,454−3,660−17,672−382.9%
Total assets6,36125,81011,180−56.7%
Equity4,58923,0335,861−74.6%
Liabilities1,7722,7785,319+91.5%
Cash and cash equivalents6,1992,69710,752+298.7%
Average number of employees5922+144.4%

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 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 4m−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 75% from 2024 to 2025 (DKK 23m to DKK 5.9m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive 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

3 financial years
Annual reports for Pandektes ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/06/2025The companyPDFXBRL
202330/10/2022 – 31/12/202331/05/2024The 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
0510152025303508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 3.6mNo. 1639 of 1,656
Better than 1% of the companies in the industry
EquityDKK 5.9mNo. 379 of 1,661
Better than 77% of the companies in the industry
Number of employees36No. 246 of 1,661
Better than 85% 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 20–49 employees9,922 companies in the comparison
No. 9,808of 9,892
Better than 1%
No. 4,338of 9,922
Better than 56%
Same industry and 20–49 employees183 companies in the comparison
No. 177of 182
Better than 3%
No. 104of 183
Better than 43%
Companies that are founded within the last five years16,675 companies in the comparison
No. 16,533of 16,627
Better than 1%
No. 1,172of 16,674
Better than 93%
All companies of type ApS66,508 companies in the comparison
No. 66,118of 66,379
Better than 0%
No. 10,035of 66,505
Better than 85%

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. Pandektes ApS−DKK 3.6m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Pandektes ApS−DKK 17.7m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Pandektes ApSDKK 5.9m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Pandektes ApS36
  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
  • CBL Holding 2020 ApS20%
  • Rank 14 ApS20%
  • People Ventures Fund I K/S15%
  • Scale Capital Fund III K/S5%
  • ALSTIN III Fonds GmbH & Co. KG10%
Pandektes ApS

Management

7 active registrations

Executive management

Executive management at Pandektes ApS
NameRoleAppointed
Casper Brigsted LaursenCEO30/10/2022
Søren Brokær RasmussenDirector30/10/2022

Board of directors

Board of directors at Pandektes ApS
NameRoleAppointed
Casper Brigsted LaursenBoard member18/12/2024
Søren Brokær RasmussenBoard member18/12/2024
Magnus StagstedBoard member18/12/2024
Martin LavesenChair of the board08/09/2025
Andreas SchenkBoard member11/09/2026
Founders
CBL Holding 2020 ApS, Rank 14 ApS
Former management (5)
Former management at Pandektes ApS
NameRoleAppointedResigned
Rune MaiChair of the board18/12/202407/09/2025
David HöhlBoard member18/12/202411/09/2026
Rune MaiBoard member08/09/202511/09/2026
Terese Kristiane Wiesener HougaardBoard member20/03/202611/09/2026
Phillip John ChambersBoard member20/03/202611/09/2026

Signing rule: Selskabet tegnes af 2 bestyrelsesmedlemmer i forening med en direktør.

Address and production units

1 active production units

Langebrogade 3F
1411 København K

København Municipality · Postcode 1411

Production units
Production unitAddressEmployeesP number
Pandektes ApSLangebrogade 3F, 3, 1411 København K361028717012

Purpose

Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

44 registered events
202612 changesaddress 1 · capital 1 · management 7 · ownership 2 · accounts 1
  • Moved to Langebrogade 3F, 3, 1411 København K
  • Share capital changed from 83,129 DKK to 108,869 DKK
  • Andreas Schenk appointed board member
  • Terese Kristiane Wiesener Hougaard stepped down as board member
  • Phillip John Chambers stepped down as board member
  • Rune Mai stepped down as board member
  • David Höhl stepped down as board member
  • Scale Capital Fund III K/S registered as owner (5%)
  • ALSTIN III Fonds GmbH & Co. KG registered as owner (10%)
  • Annual report for 2025 published
  • Terese Kristiane Wiesener Hougaard appointed board member
  • Phillip John Chambers appointed board member
20256 changescapital 1 · management 3 · accounts 1 · address 1
  • Share capital changed from 82,710 DKK to 83,129 DKK
  • Martin Lavesen appointed chair of the board
  • Rune Mai appointed board member
  • Rune Mai stepped down as chair of the board
  • Annual report for 2024 published
  • Moved to Farvergade 2, 5. th, 1463 København K
202414 changescapital 2 · management 5 · ownership 5 · address 1 · accounts 1
  • Share capital changed from 64,756 DKK to 82,710 DKK
  • Rune Mai appointed chair of the board
  • David Höhl appointed board member
  • Casper Brigsted Laursen appointed board member
  • Søren Brokær Rasmussen appointed board member
  • Magnus Stagsted appointed board member
  • CBL Holding 2020 ApS registered as owner (20%)
  • Rank 14 ApS registered as owner (20%)
  • People Ventures Fund I K/S registered as owner (15%)
  • CBL Holding 2020 ApS is no longer registered as owner
  • Rank 14 ApS is no longer registered as owner
  • Moved to Toldbodgade 55B, st. tv, 1253 København K
  • Annual report for 2023 published
  • Share capital changed from 63,193 DKK to 64,756 DKK
20237 changescapital 2 · ownership 4 · address 1
  • Share capital changed from 61,631 DKK to 63,193 DKK
  • Share capital changed from 50,000 DKK to 61,631 DKK
  • CBL Holding 2020 ApS registered as owner (33.33%)
  • Rank 14 ApS registered as owner (33.33%)
  • Rank 14 ApS is no longer registered as owner
  • CBL Holding 2020 ApS is no longer registered as owner
  • Moved to Vesterbrogade 149, 1620 København V
20225 changesfounded 1 · management 2 · ownership 2
  • Registered as Pandektes ApS
  • Søren Brokær Rasmussen appointed director
  • Casper Brigsted Laursen appointed ceo
  • Rank 14 ApS registered as owner (50%)
  • CBL Holding 2020 ApS registered as owner (50%)

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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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