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Partisia Applications ApS

Private limited companyCVR 39454882Aarhus NActive

Partisia Applications ApS is a private limited company, based in Aarhus N, active in computer programming activities, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 37.5m. With 23 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 2.5m in 2025.

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Key figures · financial year 2025

Gross profitDKK 1m−96.2% vs. 2024
Net profit−DKK 37.5m−437.8% vs. 2024
EquityDKK 2.5m−89.4% vs. 2024
Employees23latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 96% (2024 → 2025), to DKK 1m.
  • The loss grew: from DKK 7m to DKK 37.5m (2024 → 2025).
  • Equity fell 89% (2024 → 2025), to DKK 2.5m.

Employees

  • 37 fewer employees than a year earlier: 23 (07/2026) against 60 (07/2025).

Management and owners, last 24 months

  • New in management: Mark Medum Bundgaard (board member, 21/04/2026), Jakob Pagter (board member, 31/07/2026) and Peter Frands Frandsen (chair of the board, 31/07/2026) (+3).
  • Stepped down: Peter Frands Frandsen (board member, 30/07/2026), Kurt Nielsen (ceo, 31/07/2026) and Jakob Pagter (board member, 23/04/2026) (+4).

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 40m−DKK 30m−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Partisia Applications ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,45519,06226,36935,10026,2701,005−96.2%
Operating profit (EBIT)2,2079,31911,90314,569−8,040−37,426−365.5%
Profit before tax2,2159,25311,14415,017−7,001−37,488−435.5%
Net profit1,7247,2058,67511,617−6,970−37,488−437.8%
Total assets6,41613,95225,80738,47927,38920,105−26.6%
Equity3,49610,70119,37631,00024,0302,542−89.4%
Liabilities2,8843,1216,3537,4493,35917,563+422.8%
Cash and cash equivalents3,7926,26820,74729,08519,86014,172−28.6%
Average number of employees61221284750+6.4%

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 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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

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

  • Equity fell sharply

    Equity fell 89% from 2024 to 2025 (DKK 24m to DKK 2.5m).

    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

6 financial years
Annual reports for Partisia Applications ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202413/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202310/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202003/06/2021The 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
0102030405060708008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profitDKK 1mNo. 1141 of 1,656
Better than 31% of the companies in the industry
EquityDKK 2.5mNo. 575 of 1,661
Better than 65% of the companies in the industry
Number of employees23No. 112 of 1,661
Better than 93% 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 428.6mHere
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. 9,459of 9,892
Better than 4%
No. 6,106of 9,922
Better than 38%
Same industry and 20–49 employees183 companies in the comparison
No. 172of 182
Better than 6%
No. 139of 183
Better than 24%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 23,295of 33,588
Better than 31%
No. 9,368of 33,687
Better than 72%
All companies of type ApS66,508 companies in the comparison
No. 43,051of 66,379
Better than 35%
No. 17,676of 66,505
Better than 73%

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. Partisia Applications ApSDKK 1m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Partisia Applications ApS−DKK 37.5m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Partisia Applications ApSDKK 2.5m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Partisia Applications ApS23
  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
  • Partisia Group ApS100%
Partisia Applications ApS

Management

4 active registrations

Executive management

Executive management at Partisia Applications ApS
NameRoleAppointed
Mark Medum BundgaardCEO01/08/2026

Board of directors

Board of directors at Partisia Applications ApS
NameRoleAppointed
Mark Medum BundgaardBoard member21/04/2026
Jakob PagterBoard member31/07/2026
Peter Frands FrandsenChair of the board31/07/2026
Founders
Partisia ApS
Former management (11)
Former management at Partisia Applications ApS
NameRoleAppointedResigned
Peter BogetoftBoard member19/03/201806/06/2024
Jakob PagterChair of the board19/03/201805/06/2024
Peter Frands FrandsenBoard member19/03/201830/07/2026
Martin MøllerBoard member19/03/201806/06/2024
Jesper Buus NielsenBoard member19/03/201803/11/2021
Kurt NielsenCEO19/03/201831/07/2026
Jakob PagterBoard member06/06/202423/04/2026
Ivan Bjerre DamgårdBoard member06/06/202421/04/2026
Kurt NielsenChair of the board06/06/202423/04/2026
Jakob PagterChair of the board24/04/202630/07/2026
Kurt NielsenBoard member24/04/202613/07/2026

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

Address and production units

1 active production units

Åbogade 15
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Partisia Applications ApSÅbogade 15, 8200 Aarhus N191023485997

Purpose

Selskabets formål er at drive virksomhed indenfor forskning, udvikling og kommercialisering af Privacy Preserving Statistics, samt virksomhed der efter ledel-sens skøn er forbundet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
202614 changesmanagement 13 · accounts 1
  • Mark Medum Bundgaard appointed ceo
  • Peter Frands Frandsen appointed chair of the board
  • Jakob Pagter appointed board member
  • Kurt Nielsen stepped down as ceo
  • Jakob Pagter stepped down as chair of the board
  • Peter Frands Frandsen stepped down as board member
  • Kurt Nielsen stepped down as board member
  • Annual report for 2025 published
  • Jakob Pagter appointed chair of the board
  • Kurt Nielsen appointed board member
  • Jakob Pagter stepped down as board member
  • Kurt Nielsen stepped down as chair of the board
  • Mark Medum Bundgaard appointed board member
  • Ivan Bjerre Damgård stepped down as board member
20251 changeaccounts 1
  • Annual report for 2024 published
20249 changesownership 2 · accounts 1 · management 6
  • Partisia Group ApS registered as owner (100%)
  • PARTISIA ApS is no longer registered as owner
  • Annual report for 2023 published
  • Ivan Bjerre Damgård appointed board member
  • Jakob Pagter appointed board member
  • Kurt Nielsen appointed chair of the board
  • Peter Bogetoft stepped down as board member
  • Martin Møller stepped down as board member
  • Jakob Pagter stepped down as chair of the board
20232 changescapital 1 · accounts 1
  • Share capital changed from 67,500 DKK to 75,000 DKK
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesmanagement 1 · accounts 1
  • Jesper Buus Nielsen stepped down as board member
  • Annual report for 2020 published
20201 changename 1
  • Name changed from Secata ApS to Partisia Applications ApS
201810 changesaddress 1 · capital 1 · founded 1 · management 6 · ownership 1
  • Moved to Åbogade 15, 8200 Aarhus N
  • Share capital changed from 50,000 DKK to 67,500 DKK
  • Registered as Secata ApS
  • Peter Bogetoft appointed board member
  • Kurt Nielsen appointed ceo
  • Jesper Buus Nielsen appointed board member
  • Martin Møller appointed board member
  • Peter Frands Frandsen appointed board member
  • Jakob Pagter appointed chair of the board
  • PARTISIA ApS registered as owner (66.67%)

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Same people in management

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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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