PayProff A/S
Public limited companyCVR 40914307HorsensActive
PayProff A/S is a public limited company, based in Horsens, active in other activities auxiliary to financial services, except insurance and pension funding, founded in 2019. The company made a loss in both 2024 and 2025, most recently DKK 5.2m. Equity grew to DKK 34.8m in 2025. 8 other companies in the database are registered at the same address.
Key figures · financial year 2025
Gross profit−DKK 3.2m−113.3% vs. 2024
Net profit−DKK 5.2m−320.4% vs. 2024
EquityDKK 34.8m+344% vs. 2024
Employees2latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 1.2m to DKK 5.2m (2024 → 2025).
- Equity rose 344% (2024 → 2025), to DKK 34.8m.
Management and owners, last 24 months
- New in management: Troels Randbøll Støvring (chair of the board, 01/07/2025), Thomas Wiborg Steen (ceo, 10/10/2025) and Frank Nørgaard (board member, 10/10/2025) (+2).
- Stepped down: Jan Damsgaard (board member, 10/10/2025), Jesper Ratza Hansen (board member, 10/06/2026) and Palle Heiselberg Kristensen (director, 10/10/2025) (+1).
- New owners registered: Je-ra Holding ApS (10/10/2025), Connected Dots ApS (10/10/2025) and Correlation Holdings Australia Pty Limited (10/10/2025) (+1).
- No longer registered as owner: Je-ra Holding ApS (09/10/2025), Vinbjerg Invest I 2022 ApS (10/10/2025) and Vinbjerg Invest II 2022 ApS (10/10/2025) (+1).
Registrations, last 24 months
- 19/05/2026: Share capital changed from 2,700,000 DKK to 3,000,000 DKK
- 10/10/2025: Share capital changed from 1,350,000 DKK to 2,700,000 DKK
- 10/10/2025: Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
- 10/10/2025: Moved to Banegårdsgade 2, 8700 Horsens
- 01/01/2025: Industry changed to Computer consultancy and computer facilities management (622000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −1,506 | −2,039 | −1,499 | −810 | −1,481 | −3,158 | −113.3% |
| Operating profit (EBIT) | – | – | −2,725 | −1,134 | −1,532 | −5,194 | −239.1% |
| Profit before tax | −1,508 | −2,177 | −2,784 | −1,139 | −1,563 | −5,713 | −265.6% |
| Net profit | −1,177 | −1,698 | −3,422 | −525 | −1,226 | −5,154 | −320.4% |
| Total assets | 3,730 | 6,259 | 6,552 | 11,319 | 10,164 | 61,868 | +508.7% |
| Equity | −177 | −1,875 | −5,298 | 9,054 | 7,828 | 34,760 | +344% |
| Liabilities | 3,906 | 7,895 | 10,972 | 1,127 | 1,096 | 25,806 | +2,254.1% |
| Cash and cash equivalents | 50 | 98 | 216 | 2,326 | 797 | 9,655 | +1,111.4% |
| Average number of employees | – | – | 2 | 1 | 1 | 1 | 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
Signals from the financial statements
calculated from the 2025 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 24/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 18/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 31/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 28/06/2022 | The company | PDFXBRL |
| 2020 | 07/11/2019 – 31/12/2020 | 05/07/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
136 companies in the databaseComparison with the other companies in other activities auxiliary to financial services, except insurance and pension funding based on the latest financial year.
Gross profit−DKK 3.2mNo. 132 of 133
Better than 1% of the companies in the industry
EquityDKK 34.8mNo. 15 of 136
Better than 90% of the companies in the industry
Number of employees2No. 107 of 136
Better than 21% of the companies in the industry
Industry median: gross profit DKK 3.2m, net profit DKK 326k, equity DKK 2.7m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 69,384of 69,742 Better than 1% | No. 4,026of 69,964 Better than 94% |
| Same industry and fewer than 20 employees112 companies in the comparison | No. 110of 111 Better than 1% | No. 6of 112 Better than 95% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,368of 33,588 Better than 1% | No. 1,574of 33,687 Better than 95% |
| All companies of type A/S18,025 companies in the comparison | No. 17,593of 17,786 Better than 1% | No. 4,516of 18,024 Better than 75% |
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 activities auxiliary to financial services, except insurance and pension fundingGross profit
- PayProff A/S−DKK 3.2m
- BEC Financial Technologies a.m.b.a.DKK 2.1bn
- Mastercard Payment Services Denmark A/SDKK 609.7m
Net profit
- PayProff A/S−DKK 5.2m
- BEC Financial Technologies a.m.b.a.DKK 39.7m
- Mastercard Payment Services Denmark A/SDKK 747m
Equity
- PayProff A/SDKK 34.8m
- BEC Financial Technologies a.m.b.a.DKK 1.4bn
- Mastercard Payment Services Denmark A/SDKK 1.5bn
Employees
- PayProff A/S2
- BEC Financial Technologies a.m.b.a.851
- Mastercard Payment Services Denmark A/S276
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Je-ra Holding ApS33.33%
- Connected Dots ApS5%
- Correlation Holdings Australia Pty Limited33.33%
PayProff A/S
Subsidiaries and ownership shares
Subsidiaries are shown only if they are in the database.
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thomas Wiborg Steen | CEO | 10/10/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Troels Randbøll Støvring | Chair of the board | 01/07/2025 |
| Frank Nørgaard | Board member | 10/10/2025 |
| Jørgen Allan Horwitz | Board member | 10/10/2025 |
| Lance Sheldon Warner | Board member | 10/10/2025 |
- Founders
- Je-ra Holding ApS, Lasse Stensgaard Holding ApS, André Rogaczewski Holding Ii ApS, Temmesen Holding ApS, Vinbjerg Invest I ApS, Vinbjerg Invest II ApS, Hands-on Holding ApS
Former management (12)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jan Damsgaard | Board member | 07/11/2019 | 10/10/2025 |
| Jesper Ratza Hansen | Board member | 07/11/2019 | 10/06/2026 |
| Ulrik Schønemann | Director | 07/11/2019 | 10/12/2020 |
| Erik Svanvig | Chair of the board | 07/11/2019 | 07/03/2021 |
| André Rafal Rogaczewski | Board member | 07/11/2019 | 04/02/2022 |
| Jesper Ratza Hansen | Director | 10/12/2020 | 08/03/2021 |
| Lars Taarn Pedersen | Chair of the board | 08/03/2021 | 18/12/2022 |
| Hans-Christian Bødker Jensen | Board member | 08/03/2021 | 21/05/2021 |
| Erik Svanvig | Board member | 08/03/2021 | 28/03/2023 |
| Constantin Iustin Marinescu-Jørgensen | Director | 08/03/2021 | 01/03/2023 |
| Palle Heiselberg Kristensen | Director | 01/03/2023 | 10/10/2025 |
| Erik Svanvig | Chair of the board | 29/03/2023 | 01/07/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
1 active production unitsBanegårdsgade 2
8700 Horsens
Horsens Municipality · Postcode 8700
Other companies at the address (8)
- Insero Air Traffic Solutions A/SOther information technology and computer service activities
- Insero A/SBusiness and other management consultancy activities
- InterCode ApSComputer programming activities
- Aksel.nu ApSBrokerage activities in non-specialised retail sale
- NullCarbon ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PayProff A/S | Banegårdsgade 2, 8700 Horsens | 2 | 1025206750 |
Purpose
Selskabets formål er at drive virksomhed med drift og salg af betalingsløsninger og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
86 registered events122019
62020
152021
32022
252023
12024
212025
32026
20263 changesaccounts 1 · management 1 · capital 1
- AccountsAnnual report for 2025 published
- ManagementJesper Ratza Hansen stepped down as board member
- CapitalShare capital changed from 2,700,000 DKK to 3,000,000 DKK
202521 changesaddress 1 · industry 2 · capital 1 · management 8 · ownership 8 · accounts 1
- AddressMoved to Banegårdsgade 2, 8700 Horsens
- IndustryIndustry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
- CapitalShare capital changed from 1,350,000 DKK to 2,700,000 DKK
- ManagementLance Sheldon Warner appointed board member
- ManagementFrank Nørgaard appointed board member
- ManagementJørgen Allan Horwitz appointed board member
- ManagementThomas Wiborg Steen appointed ceo
- ManagementPalle Heiselberg Kristensen stepped down as director
- ManagementJan Damsgaard stepped down as board member
- OwnershipThomas Wiborg Steen registered as owner (5%)
- OwnershipThomas Wiborg Steen is no longer registered as owner
- OwnershipJE-RA HOLDING ApS registered as owner (33.33%)
- OwnershipConnected Dots ApS registered as owner (5%)
- OwnershipCORRELATION HOLDINGS AUSTRALIA PTY LIMITED registered as owner (33.33%)
- OwnershipVinbjerg Invest II 2022 ApS is no longer registered as owner
- OwnershipVinbjerg Invest I 2022 ApS is no longer registered as owner
- OwnershipJE-RA HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
- ManagementTroels Randbøll Støvring appointed chair of the board
- ManagementErik Svanvig stepped down as chair of the board
- IndustryIndustry changed to Computer consultancy and computer facilities management (622000)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
202325 changescapital 4 · accounts 1 · management 4 · ownership 16
- CapitalShare capital changed from 1,323,452 DKK to 1,350,000 DKK
- AccountsAnnual report for 2022 published
- ManagementErik Svanvig appointed chair of the board
- ManagementErik Svanvig stepped down as board member
- ManagementPalle Heiselberg Kristensen appointed director
- ManagementConstantin Iustin Marinescu-Jørgensen stepped down as director
- CapitalShare capital changed from 520,542 DKK to 1,323,452 DKK
- OwnershipVinbjerg Invest II 2022 ApS registered as owner (5%)
- OwnershipJE-RA HOLDING ApS registered as owner (66.67%)
- OwnershipVinbjerg Invest I 2022 ApS registered as owner (5%)
- OwnershipVinbjerg Invest II ApS is no longer registered as owner
- OwnershipVinbjerg Invest I ApS is no longer registered as owner
- OwnershipANDRÉ ROGACZEWSKI HOLDING II ApS is no longer registered as owner
- OwnershipJE-RA HOLDING ApS is no longer registered as owner
- CapitalShare capital changed from 501,000 DKK to 520,542 DKK
- OwnershipVinbjerg Invest II ApS registered as owner (5%)
- OwnershipVinbjerg Invest I ApS registered as owner (5%)
- OwnershipLasse Stensgaard Holding ApS is no longer registered as owner
- OwnershipVinbjerg Invest I ApS is no longer registered as owner
- OwnershipVinbjerg Invest II ApS is no longer registered as owner
- CapitalShare capital changed from 500,000 DKK to 501,000 DKK
- OwnershipTAARN INVEST ApS is no longer registered as owner
- OwnershipJE-RA HOLDING ApS registered as owner (50%)
- OwnershipHans-Christian Bødker Jensen is no longer registered as owner
- OwnershipJE-RA HOLDING ApS is no longer registered as owner
20223 changesmanagement 2 · accounts 1
- ManagementLars Taarn Pedersen stepped down as chair of the board
- AccountsAnnual report for 2021 published
- ManagementAndré Rafal Rogaczewski stepped down as board member
202115 changesaccounts 1 · management 7 · ownership 6 · name 1
- AccountsAnnual report for 2020 published
- ManagementHans-Christian Bødker Jensen stepped down as board member
- OwnershipANDRÉ ROGACZEWSKI HOLDING II ApS registered as owner (10%)
- OwnershipJE-RA HOLDING ApS registered as owner (33.33%)
- OwnershipTAARN INVEST ApS registered as owner (10%)
- OwnershipHans-Christian Bødker Jensen registered as owner (5%)
- OwnershipJE-RA HOLDING ApS is no longer registered as owner
- OwnershipANDRÉ ROGACZEWSKI HOLDING II ApS is no longer registered as owner
- NameName changed from PAYProff Systems A/S to PayProff A/S
- ManagementErik Svanvig appointed board member
- ManagementLars Taarn Pedersen appointed chair of the board
- ManagementHans-Christian Bødker Jensen appointed board member
- ManagementConstantin Iustin Marinescu-Jørgensen appointed director
- ManagementJesper Ratza Hansen stepped down as director
- ManagementErik Svanvig stepped down as chair of the board
20206 changesaddress 1 · management 2 · ownership 3
- AddressMoved to Ouskær 32, 7100 Vejle
- ManagementJesper Ratza Hansen appointed director
- ManagementUlrik Schønemann stepped down as director
- OwnershipHands-on Holding ApS is no longer registered as owner
- OwnershipJE-RA HOLDING ApS registered as owner (50%)
- OwnershipJE-RA HOLDING ApS is no longer registered as owner
201912 changesfounded 1 · management 5 · ownership 6
- FoundedRegistered as PAYProff Systems A/S
- ManagementJan Damsgaard appointed board member
- ManagementAndré Rafal Rogaczewski appointed board member
- ManagementErik Svanvig appointed chair of the board
- ManagementUlrik Schønemann appointed director
- ManagementJesper Ratza Hansen appointed board member
- OwnershipHands-on Holding ApS registered as owner (10%)
- OwnershipJE-RA HOLDING ApS registered as owner (50%)
- OwnershipVinbjerg Invest I ApS registered as owner (10%)
- OwnershipANDRÉ ROGACZEWSKI HOLDING II ApS registered as owner (10%)
- OwnershipLasse Stensgaard Holding ApS registered as owner (5%)
- OwnershipVinbjerg Invest II ApS registered as owner (10%)
Related companies
Same people in management
- Netcompany A/Svia André Rafal Rogaczewski
- Semler Mobility Retail A/Svia Ulrik Schønemann
- Autohuset Vestergaard A/S Personvognevia Lars Taarn Pedersen
- Pensiondanmark Pensionsforsikringsaktieselskabvia Jørgen Allan Horwitz
- Berlingske Media A/Svia André Rafal Rogaczewski
- Ferrosan Medical Devices A/Svia Hans-Christian Bødker Jensen
Largest in the industry
- BEC Financial Technologies a.m.b.a.DKK 2.1bn
- Mastercard Payment Services Denmark A/SDKK 609.7m
- VP Securities A/SDKK 534.2m
- Pleo Financial Services A/SDKK 259m
- Framm ApSDKK 131.9m
- Scalepoint Technologies Denmark A/SDKK 107.5m
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.