Penaw ApS
Private limited companyCVR 43424041Odense CActive
Penaw ApS is a private limited company, based in Odense C, active in accounting, bookkeeping and auditing; tax consultancy, founded in 2022. Net profit fell 22% from 2024 to 2025, ending at DKK 43,893. With 23 employees, the company is about 12 times larger than the industry median. Equity fell to DKK 148k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 45% (2024 → 2025), to DKK 9.2m.
- Net profit fell 22% (2024 → 2025), to DKK 43,893.
- Equity fell 51% (2024 → 2025), to DKK 148k.
Employees
- 2 more employees than a year earlier: 23 (07/2026) against 21 (07/2025).
Management and owners, last 24 months
- New in management: Simon Eglin Berthelsen (board member, 20/03/2026).
- Stepped down: Christian Ejlskov Hansen (deputy chair, 15/05/2025).
- New owners registered: COPE Invest ApS (15/05/2025) and Raagaard Løfqvist Holding ApS (01/11/2025).
- No longer registered as owner: New Legacy ApS (15/05/2025) and COPE Invest ApS (14/05/2025).
Registrations, last 24 months
- 01/09/2026: Moved to Sverigesgade 5, 3, 5000 Odense C
- 01/01/2025: Industry changed to Accounting, bookkeeping and auditing; tax consultancy (692000)
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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | −8 | 6,309 | 9,171 | +45.4% |
| Operating profit (EBIT) | −8 | 87 | 91 | +5.1% |
| Profit before tax | −8 | 86 | 63 | −26.3% |
| Net profit | −8 | 56 | 44 | −22.1% |
| Total assets | 57 | 1,397 | 1,912 | +36.9% |
| Equity | 32 | 304 | 148 | −51.3% |
| Liabilities | 25 | 1,066 | 1,723 | +61.6% |
| Cash and cash equivalents | 43 | 18 | 22 | +21.3% |
| Average number of employees | 0 | 11 | 15 | +36.4% |
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 2022, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2023 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresEquity fell sharply
Equity fell 51% from 2024 to 2025 (DKK 304k to DKK 148k).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 8% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 23/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 24/06/2025 | The company | PDFXBRL |
| 2022 | 03/08/2022 – 31/12/2022 | 06/07/2023 | The company | PDF not statedXBRL |
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
1,097 companies in the databaseComparison with the other companies in accounting, bookkeeping and auditing; tax consultancy based on the latest financial year.
Industry median: gross profit DKK 1.4m, net profit DKK 135k, equity DKK 527k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 6,071of 9,892 Better than 39% | No. 8,766of 9,922 Better than 12% |
| Same industry and 20–49 employees65 companies in the comparison | No. 59of 65 Better than 9% | No. 62of 65 Better than 5% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 1,069of 16,614 Better than 94% | No. 9,312of 16,661 Better than 44% |
| All companies of type ApS66,508 companies in the comparison | No. 6,803of 66,379 Better than 90% | No. 48,753of 66,505 Better than 27% |
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
Accounting, bookkeeping and auditing; tax consultancy- Penaw ApSDKK 9.2m
- Beierholm Godkendt RevisionspartnerselskabDKK 1.5bn
- KPMG P/SDKK 603.7m
- Penaw ApSDKK 43,893
- Beierholm Godkendt RevisionspartnerselskabDKK 1.3m
- KPMG P/SDKK 4m
- Penaw ApSDKK 148k
- Beierholm Godkendt RevisionspartnerselskabDKK 70.8m
- KPMG P/SDKK 85.1m
- Penaw ApS23
- Beierholm Godkendt Revisionspartnerselskab1,851
- KPMG P/S573
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- COPE Invest ApS90%
- Raagaard Løfqvist Holding ApS10%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Oliver Green Bottelet | CEO | 01/06/2023 |
| Michael Raagaard Løfqvist | Director | 01/03/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Dennis Gert Willesen | Chair of the board | 01/06/2023 |
| Camilla Green Bottelet | Board member | 01/06/2023 |
| Simon Eglin Berthelsen | Board member | 20/03/2026 |
- Founders
- Oliver Green Bottelet
Former management (4)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Oliver Green Bottelet | Director | 03/08/2022 | 31/10/2022 |
| Camilla Green Bottelet | CEO | 01/11/2022 | 31/05/2023 |
| Simon Birch Hansen | Board member | 01/06/2023 | 01/06/2023 |
| Christian Ejlskov Hansen | Deputy chair | 01/06/2023 | 15/05/2025 |
Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med 1 bestyrelsesmedlem, af 1 bestyrelsesmedlem i forening med den administrerende direktør, eller af alle bestyrelsesmedlemmerne i forening
Address and production units
1 active production unitsSverigesgade 5
5000 Odense C
Odense Municipality · Postcode 5000
Other companies at the address (3)
- A18n ApSComputer programming activities
- Pixop ApSComputer programming activities
- Kompany 42 ApSOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PENAW ApS | Sverigesgade 5, 3, 5000 Odense C | 26 | 1028458882 |
Purpose
Selskabets formål er at drive bogføring-, konsulent- og rådgivningsvirksomhed til virksomheder i den private sektor.
The purpose is quoted from the register in Danish.
Changes year by year
32 registered events20263 changesaddress 1 · accounts 1 · management 1
- AddressMoved to Sverigesgade 5, 3, 5000 Odense C
- AccountsAnnual report for 2025 published
- ManagementSimon Eglin Berthelsen appointed board member
20257 changesownership 4 · accounts 1 · management 1 · industry 1
- OwnershipRaagaard Løfqvist Holding ApS registered as owner (10%)
- AccountsAnnual report for 2024 published
- ManagementChristian Ejlskov Hansen stepped down as deputy chair
- OwnershipCOPE Invest ApS registered as owner (90%)
- OwnershipNew Legacy ApS is no longer registered as owner
- OwnershipCOPE Invest ApS is no longer registered as owner
- IndustryIndustry changed to Accounting, bookkeeping and auditing; tax consultancy (692000)
20242 changesaddress 1 · management 1
- AddressMoved to Havnegade 34A, 1, 5000 Odense C
- ManagementMichael Raagaard Løfqvist appointed director
202315 changesaddress 2 · accounts 1 · management 7 · ownership 5
- AddressMoved to Buchwaldsgade 15B, 5000 Odense C
- AddressMoved to Paarupvej 31, Stegsted, 5200 Odense V
- AccountsAnnual report for 2022 published
- ManagementChristian Ejlskov Hansen appointed deputy chair
- ManagementOliver Green Bottelet appointed ceo
- ManagementCamilla Green Bottelet appointed board member
- ManagementDennis Gert Willesen appointed chair of the board
- ManagementSimon Birch Hansen appointed board member
- ManagementSimon Birch Hansen stepped down as board member
- OwnershipNew Legacy ApS registered as owner (33.33%)
- OwnershipCOPE Invest ApS registered as owner (50%)
- ManagementCamilla Green Bottelet stepped down as ceo
- OwnershipCOPE Invest ApS is no longer registered as owner
- OwnershipCOPE Invest ApS registered as owner (100%)
- OwnershipOliver Green Bottelet is no longer registered as owner
20225 changesmanagement 3 · founded 1 · ownership 1
- ManagementCamilla Green Bottelet appointed ceo
- ManagementOliver Green Bottelet stepped down as director
- FoundedRegistered as PENAW ApS
- ManagementOliver Green Bottelet appointed director
- OwnershipOliver Green Bottelet registered as owner (100%)
Related companies
Same industry in Odense
- Revision & Råd Statsautoriseret Revisionspartnerselskab24 employees
- Søby Revisorer A/S Godkendte Revisorer21 employees
- Dansk Revision Odense Godkendt Revisionsaktieselskab21 employees
- VH Revision Registrerede Revisorer ApS21 employees
- Danica Godkendt Revisionsfirma ApS14 employees
- Bogholder4You ApS10 employees
Same people in management
- DHL Express (denmark) A/Svia Dennis Gert Willesen
- Rentokil Initial A/Svia Dennis Gert Willesen
- Nitor Energy A/Svia Simon Birch Hansen
- Bissenbakker Steel & Supply A/Svia Christian Ejlskov Hansen
- Kami DK ApSvia Christian Ejlskov Hansen
- EFKT Danmark A/Svia Oliver Green Bottelet
Largest in the industry
- Beierholm Godkendt RevisionspartnerselskabDKK 1.5bn
- KPMG P/SDKK 603.7m
- KPMG Acor Tax PartnerselskabDKK 331.2m
- Redmark, Godkendt RevisionspartnerselskabDKK 272.1m
- Martinsen Statsautoriseret RevisionspartnerselskabDKK 253.2m
- FactoFly ApSDKK 235.4m
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.