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Paychex Europe Denmark ApS

Private limited companyCVR 15611472AllerødActive

Paychex Europe Denmark ApS is a private limited company, based in Allerød, active in computer programming activities, founded in 1991. Net profit rose 45% from 2024 to 2025, ending at DKK 48m. Profit has grown three years in a row. Operations are spread over 3 production units in 3 towns.

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Key figures · financial year 2025

Gross profitDKK 87.3m+27.3% vs. 2024
Net profitDKK 48m+45.4% vs. 2024
EquityDKK 95.6m+100.8% vs. 2024
Employees118latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 27% (2024 → 2025), to DKK 87.3m.
  • Net profit rose 45% (2024 → 2025), to DKK 48m.
  • Equity rose 101% (2024 → 2025), to DKK 95.6m.

Employees

  • 76 more employees than a year earlier: 118 (08/2026) against 42 (08/2025).

Management and owners, last 24 months

  • New in management: Thomas Jelbo (ceo, 31/08/2026).
  • Stepped down: Henrik Basso Reichsthaler Møller (ceo, 31/08/2026) and Elizabeth Patricia Franson (board member, 31/08/2026).
  • New owners registered: Paychex Europe ApS (12/01/2026).
  • No longer registered as owner: Paychex Europe Denmark ApS (12/01/2026).

Registrations, last 24 months

  • 12/01/2026: Merger registered in CVR
  • 12/01/2026: Share capital changed from 600,000 DKK to 605,000 DKK
  • 12/01/2026: Name changed from Danske Lønsystemer ApS to Paychex Europe Denmark ApS
  • 15/11/2024: Name changed from DANSKE LØNSYSTEMER A/S to Danske Lønsystemer 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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m202020212022202320242025
EquityNet profit
Financial figures for Paychex Europe Denmark ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit65,47062,60467,47567,38668,57887,331+27.3%
Operating profit (EBIT)43,71938,33534,21136,78039,43160,787+54.2%
Profit before tax43,23037,61519,75540,14042,31861,536+45.4%
Net profit33,79729,83211,65630,80833,02948,014+45.4%
Total assets130,672164,621169,687199,24273,111126,842+73.5%
Equity102,290132,122143,778174,58647,61595,629+100.8%
Liabilities28,32632,49925,90924,43525,37231,010+22.2%
Cash and cash equivalents97,24828,46811,79920,73754,27252,758−2.8%
Average number of employees333842434541−8.9%

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 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (1,661 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 Paychex Europe Denmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/06/2024 – 31/05/202528/11/2025The companyPDF not statedXBRL
202401/06/2023 – 31/05/202428/11/2024The companyPDFXBRL
202301/06/2022 – 31/05/202330/11/2023The companyPDFXBRL
202201/06/2021 – 31/05/202216/12/2022The companyPDFXBRL
202101/06/2020 – 31/05/202110/11/2021The companyPDFXBRL
202001/06/2019 – 31/05/202016/11/2020The 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
05010015020025009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,661 companies in the database

Comparison with the other companies in computer programming activities based on the latest financial year.

Gross profitDKK 87.3mNo. 57 of 1,656
Better than 97% of the companies in the industry
EquityDKK 95.6mNo. 43 of 1,661
Better than 97% of the companies in the industry
Number of employees118No. 129 of 1,661
Better than 92% 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 50–199 employees4,467 companies in the comparison
No. 840of 4,412
Better than 81%
No. 703of 4,466
Better than 84%
Same industry and 50–199 employees99 companies in the comparison
No. 38of 99
Better than 62%
No. 16of 99
Better than 85%
Companies that are at least 30 years old10,276 companies in the comparison
No. 950of 10,152
Better than 91%
No. 1,289of 10,275
Better than 87%
All companies of type ApS66,508 companies in the comparison
No. 355of 66,379
Better than 99%
No. 1,179of 66,505
Better than 98%

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. Paychex Europe Denmark ApSDKK 87.3m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Paychex Europe Denmark ApSDKK 48m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Paychex Europe Denmark ApSDKK 95.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Paychex Europe Denmark ApS118
  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
Paychex Europe Denmark ApS

Management

3 active registrations

Executive management

Executive management at Paychex Europe Denmark ApS
NameRoleAppointed
Thomas JelboCEO31/08/2026

Board of directors

Board of directors at Paychex Europe Denmark ApS
NameRoleAppointed
Robert L SchraderChair of the board29/11/2023
Cory D MauBoard member13/08/2024
Founders
William Kongshøj Fich, Carsten Fich, Henrik Fich
Former management (20)
Former management at Paychex Europe Denmark ApS
NameRoleAppointedResigned
William Kongshøj FichBoard member08/11/199130/09/2016
Carsten FichDirector08/11/199127/02/2015
Henrik FichDirector08/11/199110/10/2016
Mette Cathrine BlomqvistBoard member08/11/199130/09/2016
Bente Ulla FichBoard member08/11/199130/09/2016
Nikolaj VejlsgaardBoard member30/09/201609/11/2016
Christian Bamberger BroDeputy chair30/09/201608/11/2016
Klaus HolseChair of the board30/09/201609/11/2016
Peter Granild ColstedDirector10/10/201609/11/2016
Christian Bamberger BroChair of the board09/11/201628/02/2018
Peter Granild ColstedBoard member09/11/201628/02/2018
Mikael Dalsgaard LøgstrupBoard member09/11/201603/04/2017
Mikael Dalsgaard LøgstrupDirector09/11/201616/11/2016
Peter Granild ColstedDirector16/11/201601/12/2019
Mikkel BønnelyckeBoard member03/04/201728/02/2018
Efrain RiveraChair of the board28/02/201829/11/2023
Stephanie Lynn SchaefferBoard member28/02/201813/08/2024
John Bradley Gibson JRBoard member28/02/201829/11/2023
Henrik Basso Reichsthaler MøllerCEO01/12/201931/08/2026
Elizabeth Patricia FransonBoard member29/11/202331/08/2026

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør, af to medlemmer af bestyrelsen i forening eller af den samlede bestyrelse.

Address and production units

3 active production units

Engholm Parkvej 8
3450 Allerød

Allerød Municipality · Postcode 3450

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Paychex Europe Denmark ApSEngholm Parkvej 8, 3450 Allerød1091003522162
VejleSkomagervej 10, 7100 Vejle61032036674
ØsterbroLyngbyvej 2, 2100 København Ø31032036577

Purpose

Selskabets formål er at drive virksomhed med anlægsinvesteringer, finansiering, industri, han­del, udlejningsvirksomhed og udvikling, fabrika­tion og salg af hardware og software samt drift af hjemmesider/webportaler og anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

68 registered events
20268 changesmanagement 3 · name 1 · capital 1 · ownership 2 · merger 1
  • Thomas Jelbo appointed ceo
  • Elizabeth Patricia Franson stepped down as board member
  • Henrik Basso Reichsthaler Møller stepped down as ceo
  • Name changed from Danske Lønsystemer ApS to Paychex Europe Denmark ApS
  • Share capital changed from 600,000 DKK to 605,000 DKK
  • Paychex Europe ApS registered as owner (100%)
  • Paychex Europe Denmark ApS is no longer registered as owner
  • Merger registered in CVR
20251 changeaccounts 1
  • Annual report for 2025 published
20244 changesaccounts 1 · name 1 · management 2
  • Annual report for 2024 published
  • Name changed from DANSKE LØNSYSTEMER A/S to Danske Lønsystemer ApS
  • Cory D Mau appointed board member
  • Stephanie Lynn Schaeffer stepped down as board member
20235 changesaccounts 1 · management 4
  • Annual report for 2023 published
  • Robert L Schrader appointed chair of the board
  • Elizabeth Patricia Franson appointed board member
  • John Bradley Gibson JR stepped down as board member
  • Efrain Rivera stepped down as chair of the board
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20202 changesaccounts 1 · ownership 1
  • Annual report for 2020 published
  • IPAYROLL HOLDING ApS is no longer registered as owner
20193 changesmanagement 2 · ownership 1
  • Henrik Basso Reichsthaler Møller appointed ceo
  • Peter Granild Colsted stepped down as director
  • Paychex Europe Denmark ApS registered as owner (100%)
20187 changesaddress 1 · management 6
  • Moved to Engholm Parkvej 8, 3450 Allerød
  • John Bradley Gibson JR appointed board member
  • Stephanie Lynn Schaeffer appointed board member
  • Efrain Rivera appointed chair of the board
  • Mikkel Bønnelycke stepped down as board member
  • Christian Bamberger Bro stepped down as chair of the board
  • Peter Granild Colsted stepped down as board member
20172 changesmanagement 2
  • Mikkel Bønnelycke appointed board member
  • Mikael Dalsgaard Løgstrup stepped down as board member
201618 changesmanagement 18
  • Peter Granild Colsted appointed director
  • Mikael Dalsgaard Løgstrup stepped down as director
  • Mikael Dalsgaard Løgstrup appointed board member
  • Christian Bamberger Bro appointed chair of the board
  • Peter Granild Colsted appointed board member
  • Mikael Dalsgaard Løgstrup appointed director
  • Peter Granild Colsted stepped down as director
  • Klaus Holse stepped down as chair of the board
  • Nikolaj Vejlsgaard stepped down as board member
  • Christian Bamberger Bro stepped down as deputy chair
  • Peter Granild Colsted appointed director
  • Henrik Fich stepped down as director
  • Klaus Holse appointed chair of the board
  • Christian Bamberger Bro appointed deputy chair
  • Nikolaj Vejlsgaard appointed board member
  • William Kongshøj Fich stepped down as board member
  • Bente Ulla Fich stepped down as board member
  • Mette Cathrine Blomqvist stepped down as board member
20152 changesaddress 1 · management 1
  • Moved to Gydevang 46, 3450 Allerød
  • Carsten Fich stepped down as director
20101 changeownership 1
  • IPAYROLL HOLDING ApS registered as owner (100%)
20081 changeindustry 1
  • Industry changed to Computerprogrammering (620100)
20051 changecapital 1
  • Share capital changed from 662,250 DKK to 600,000 DKK
20041 changecapital 1
  • Share capital changed from 500,000 DKK to 662,250 DKK
20031 changeindustry 1
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19922 changesname 2
  • Name changed from DANLØN A/S to DANSKE LØNSYSTEMER A/S
  • Name changed from SYSTEMLØN A/S to DANLØN A/S
19916 changesfounded 1 · management 5
  • Registered as SYSTEMLØN A/S
  • William Kongshøj Fich appointed board member
  • Carsten Fich appointed director
  • Bente Ulla Fich appointed board member
  • Mette Cathrine Blomqvist appointed board member
  • Henrik Fich appointed director

Related companies

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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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