Paychex Europe ApS

Private limited companyCVR 39341859AllerødActive

Paychex Europe ApS is a private limited company, based in Allerød, active in computer programming activities, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 3,000. Operations are spread over 3 production units in 3 towns. With 130 employees, the company is about 33 times larger than the industry median.

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Key figures · financial year 2025

Gross profit−DKK 60,000−27.7% vs. 2024

Net profit−DKK 3,000+92.3% vs. 2024

EquityDKK 659munchanged vs. 2024

Employees130latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

The loss got smaller: from DKK 39,000 to DKK 3,000 (2024 → 2025).

Registrations, last 24 months

01/04/2026: Industry changed to Computer programming activities (621000)
16/04/2025: Name changed from New Dawn Holding ApS to Paychex Europe ApS

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

EquityNet profit

Financial figures for Paychex Europe ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	−47	−211	45	24	−47	−60	−27.7%
Operating profit (EBIT)	−82,444	−82,608	−82,352	–	–	–	–
Profit before tax	−96,078	−95,871	−121,989	−14	−50	−16	+68%
Net profit	−96,067	−95,824	−121,998	−15	−39	−3	+92.3%
Total assets	861,885	766,467	645,654	664,479	667,910	674,313	+1%
Equity	861,821	765,997	644,000	659,013	658,974	658,971	−0%
Liabilities	64	470	1,654	5,466	8,936	15,342	+71.7%
Cash and cash equivalents	46	43	41	38	0	3,138	–
Average number of employees	–	–	0	0	–	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

Compare with the industry (1,661 companies)

Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

Loss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more 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 Paychex Europe ApS
Financial year	Period	Published	Figures for	Documents
2025	01/06/2024 – 31/05/2025	28/11/2025	The company	PDF not statedXBRL
2024	01/06/2023 – 31/05/2024	29/11/2024	The company	PDF XBRL
2023	01/06/2022 – 31/05/2023	30/11/2023	The company	PDF XBRL
2022	01/06/2021 – 31/05/2022	30/12/2022	The company	PDF XBRL
2021	01/06/2020 – 31/05/2021	10/11/2021	The company	PDF XBRL
2020	01/06/2019 – 31/05/2020	03/12/2020	The company	PDF XBRL

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.

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 60,000No. 1534 of 1,656

Better than 7% of the companies in the industry

EquityDKK 659mNo. 6 of 1,661

Better than 100% of the companies in the industry

Number of employees130No. 1547 of 1,661

Better than 7% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 employees.

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
Group	Gross profit	Equity
Companies with 50–199 employees4,467 companies in the comparison	No. 4,339of 4,412 Better than 2%	No. 118of 4,466 Better than 97%
Same industry and 50–199 employees99 companies in the comparison	No. 96of 99 Better than 3%	No. 1of 99 Better than 100%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 32,029of 33,588 Better than 5%	No. 142of 33,687 Better than 100%
All companies of type ApS66,508 companies in the comparison	No. 62,679of 66,379 Better than 6%	No. 167of 66,505 Better than 100%

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

Paychex Europe ApS−DKK 60,000
Stibo Systems A/SDKK 916.6m
Trackunit ApSDKK 897.1m

Net profit

Paychex Europe ApS−DKK 3,000
Stibo Systems A/SDKK 155.9m
Trackunit ApSDKK 206.3m

Equity

Paychex Europe ApSDKK 659m
Stibo Systems A/SDKK 309.7m
Trackunit ApSDKK 1.7bn

Employees

Paychex Europe ApS130
Stibo Systems A/S201
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

Paychex, Inc.100%

Paychex Europe ApS

Subsidiaries and ownership shares

Paychex Europe Denmark ApS100%

Subsidiaries are shown only if they are in the database.

Management

2 active registrations

Executive management

Executive management at Paychex Europe ApS
Name	Role	Appointed
Robert L Schrader	Director	29/11/2023

Board of directors

Board of directors at Paychex Europe ApS
Name	Role	Appointed
Robert L Schrader	Chair of the board	29/11/2023

Auditor: Deloitte Statsautoriseret Revisionspartnerselskab
Founders: Paychex, Inc.

Former management (3)

Former management at Paychex Europe ApS
Name	Role	Appointed	Resigned
Efrain Rivera	Director	16/02/2018	29/11/2023
Efrain Rivera	Board member	16/02/2018	29/11/2023
Stephanie Lynn Schaeffer	Board member	27/02/2018	09/07/2024

Signing rule: Selskabet tegnes af en direktør eller af et bestyrelsesmedlem.

Address and production units

3 active production units

Engholm Parkvej 8
3450 Allerød

Allerød Municipality · Postcode 3450

Other companies at the address (8)

Hewlett-packard ApSWholesale of information and communication equipment
Paychex Europe Denmark ApSComputer programming activities
HP Inc Danmark ApSWholesale of information and communication equipment
Piaster Revisorerne, Godkendt RevisionsaktieselskabAccounting, bookkeeping and auditing; tax consultancy
Tesa A/SWholesale of wood, construction materials and sanitary equipment

Open in OpenStreetMap

Production units
Production unit	Address	Industry	Employees	P number
Paychex Europe ApS	Engholm Parkvej 8, 3450 Allerød	Computer programming activities	101	1023357662
Østerbro	Lyngbyvej 2, 2100 København Ø	Computer programming activities	24	1032328918
Vejle	Skomagervej 10, 7100 Vejle	Computer programming activities	4	1032328896

Purpose

Selskabets formål er, direkte eller via besiddelse af kapitalandele i andre selskaber, at drive investeringsvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

22 registered events

92018

02019

12020

12021

12022

52023

22024

22025

12026

20261 changeindustry 1

01/04IndustryIndustry changed to Computer programming activities (621000)

20252 changesaccounts 1 · name 1

28/11AccountsAnnual report for 2025 published
16/04NameName changed from New Dawn Holding ApS to Paychex Europe ApS

20242 changesaccounts 1 · management 1

29/11AccountsAnnual report for 2024 published
09/07ManagementStephanie Lynn Schaeffer stepped down as board member

20235 changesaccounts 1 · management 4

30/11AccountsAnnual report for 2023 published
29/11ManagementRobert L Schrader appointed director
29/11ManagementRobert L Schrader appointed chair of the board
29/11ManagementEfrain Rivera stepped down as director
29/11ManagementEfrain Rivera stepped down as board member

20221 changeaccounts 1

30/12AccountsAnnual report for 2022 published

20211 changeaccounts 1

10/11AccountsAnnual report for 2021 published

20201 changeaccounts 1

03/12AccountsAnnual report for 2020 published

20189 changesaddress 2 · capital 2 · management 3 · founded 1 · ownership 1

02/11AddressMoved to Engholm Parkvej 8, 3450 Allerød
25/05CapitalShare capital changed from 1,000,000 DKK to 1,010,000 DKK
15/05AddressMoved to Gydevang 46, 3450 Allerød
27/02CapitalShare capital changed from 50,000 DKK to 1,000,000 DKK
27/02ManagementStephanie Lynn Schaeffer appointed board member
16/02FoundedRegistered as New Dawn Holding ApS
16/02ManagementEfrain Rivera appointed director
16/02ManagementEfrain Rivera appointed board member
16/02OwnershipPaychex, Inc. registered as owner (100%)

Related companies

Same industry in Allerød

Paychex Europe Denmark ApS118 employees
Tellus Remarketing ApS13 employees
Utry ApS6 employees
MayFly AI ApS3 employees
Niro IT ApS2 employees
Visiodocs ApS2 employees

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Largest in the industry

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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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVR Report a correction