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.

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Key figures · financial year 2025

Gross profitDKK 9.2m+45.4% vs. 2024
Net profitDKK 43,893−22.1% vs. 2024
EquityDKK 148k−51.3% vs. 2024
Employees23latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 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 thousand

Equity and net profit

−DKK 50,000DKK 0DKK 50,000DKK 100kDKK 150kDKK 200kDKK 250kDKK 300k202220242025
EquityNet profit
Financial figures for Penaw ApS
202220242025Change
Revenuenot statednot statednot stated–
Gross profit−86,3099,171+45.4%
Operating profit (EBIT)−88791+5.1%
Profit before tax−88663−26.3%
Net profit−85644−22.1%
Total assets571,3971,912+36.9%
Equity32304148−51.3%
Liabilities251,0661,723+61.6%
Cash and cash equivalents431822+21.3%
Average number of employees01115+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

−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202220242025
Gross profitMedian, the industry (1,097 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Equity 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
Annual reports for Penaw ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202424/06/2025The companyPDFXBRL
202203/08/2022 – 31/12/202206/07/2023The companyPDF 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 CVR
051015202508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,097 companies in the database

Comparison with the other companies in accounting, bookkeeping and auditing; tax consultancy based on the latest financial year.

Gross profitDKK 9.2mNo. 130 of 1,093
Better than 88% of the companies in the industry
EquityDKK 148kNo. 840 of 1,097
Better than 23% of the companies in the industry
Number of employees23No. 99 of 1,097
Better than 91% of the companies in the industry

Industry median: gross profit DKK 1.4m, net profit DKK 135k, equity DKK 527k, 2 employees.

DKK 100kDKK 1.1mDKK 12.4mDKK 138.5mDKK 691.4mHere
Distribution of gross profit for 1,039 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. 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
Gross profit
  1. Penaw ApSDKK 9.2m
  2. Beierholm Godkendt RevisionspartnerselskabDKK 1.5bn
  3. KPMG P/SDKK 603.7m
Net profit
  1. Penaw ApSDKK 43,893
  2. Beierholm Godkendt RevisionspartnerselskabDKK 1.3m
  3. KPMG P/SDKK 4m
Equity
  1. Penaw ApSDKK 148k
  2. Beierholm Godkendt RevisionspartnerselskabDKK 70.8m
  3. KPMG P/SDKK 85.1m

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
  • COPE Invest ApS90%
  • Raagaard Løfqvist Holding ApS10%
Penaw ApS

Management

5 active registrations

Executive management

Executive management at Penaw ApS
NameRoleAppointed
Oliver Green BotteletCEO01/06/2023
Michael Raagaard LøfqvistDirector01/03/2024

Board of directors

Board of directors at Penaw ApS
NameRoleAppointed
Dennis Gert WillesenChair of the board01/06/2023
Camilla Green BotteletBoard member01/06/2023
Simon Eglin BerthelsenBoard member20/03/2026
Founders
Oliver Green Bottelet
Former management (4)
Former management at Penaw ApS
NameRoleAppointedResigned
Oliver Green BotteletDirector03/08/202231/10/2022
Camilla Green BotteletCEO01/11/202231/05/2023
Simon Birch HansenBoard member01/06/202301/06/2023
Christian Ejlskov HansenDeputy chair01/06/202315/05/2025

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 units

Sverigesgade 5
5000 Odense C

Odense Municipality · Postcode 5000

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
PENAW ApSSverigesgade 5, 3, 5000 Odense C261028458882

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 events
20263 changesaddress 1 · accounts 1 · management 1
  • Moved to Sverigesgade 5, 3, 5000 Odense C
  • Annual report for 2025 published
  • Simon Eglin Berthelsen appointed board member
20257 changesownership 4 · accounts 1 · management 1 · industry 1
  • Raagaard Løfqvist Holding ApS registered as owner (10%)
  • Annual report for 2024 published
  • Christian Ejlskov Hansen stepped down as deputy chair
  • COPE Invest ApS registered as owner (90%)
  • New Legacy ApS is no longer registered as owner
  • COPE Invest ApS is no longer registered as owner
  • Industry changed to Accounting, bookkeeping and auditing; tax consultancy (692000)
20242 changesaddress 1 · management 1
  • Moved to Havnegade 34A, 1, 5000 Odense C
  • Michael Raagaard Løfqvist appointed director
202315 changesaddress 2 · accounts 1 · management 7 · ownership 5
  • Moved to Buchwaldsgade 15B, 5000 Odense C
  • Moved to Paarupvej 31, Stegsted, 5200 Odense V
  • Annual report for 2022 published
  • Christian Ejlskov Hansen appointed deputy chair
  • Oliver Green Bottelet appointed ceo
  • Camilla Green Bottelet appointed board member
  • Dennis Gert Willesen appointed chair of the board
  • Simon Birch Hansen appointed board member
  • Simon Birch Hansen stepped down as board member
  • New Legacy ApS registered as owner (33.33%)
  • COPE Invest ApS registered as owner (50%)
  • Camilla Green Bottelet stepped down as ceo
  • COPE Invest ApS is no longer registered as owner
  • COPE Invest ApS registered as owner (100%)
  • Oliver Green Bottelet is no longer registered as owner
20225 changesmanagement 3 · founded 1 · ownership 1
  • Camilla Green Bottelet appointed ceo
  • Oliver Green Bottelet stepped down as director
  • Registered as PENAW ApS
  • Oliver Green Bottelet appointed director
  • Oliver Green Bottelet registered as owner (100%)

Related companies

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.

View in CVRReport a correction