PhaseTree ApS
Private limited companyCVR 42239895SøborgActive
PhaseTree ApS is a private limited company, based in Søborg, active in research and experimental development on natural sciences and engineering, founded in 2021. The company made a loss in both 2024 and 2025, most recently DKK 3.8m. Equity grew to DKK 18.9m in 2025. 8 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 75% (2024 → 2025), to DKK 258k.
- The loss grew: from DKK 141k to DKK 3.8m (2024 → 2025).
- Equity rose 4,872% (2024 → 2025), to DKK 18.9m.
Employees
- 4 more employees than a year earlier: 14 (07/2026) against 10 (07/2025).
Management and owners, last 24 months
- New in management: Amit Luthra (ceo, 23/12/2024), Mikkel Mouritz Marfelt (board member, 23/12/2024) and Christian Lindegaard Jepsen (board member, 23/12/2024) (+4).
- Stepped down: Tejs Vegge (chair of the board, 22/12/2024), Jinhyun Chang (board member, 06/02/2025) and Peter Bernholdt Richter (board member, 23/12/2024) (+2).
- New owners registered: Tonic Holdings ApS (12/12/2024), TV Holdings ApS (23/12/2024) and Heartcore Capital Fund V K/S (23/12/2024) (+8).
- No longer registered as owner: J&J Holdings ApS (07/11/2024), TV Holdings ApS (07/11/2024) and Innovateur ApS (07/11/2024) (+6).
Registrations, last 24 months
- 01/01/2025: Industry changed to Research and experimental development on natural sciences and engineering (721000)
- 23/12/2024: Share capital changed from 266,666 DKK to 333,332 DKK
- 08/11/2024: Share capital changed from 200,000 DKK to 266,666 DKK
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | 0 | not stated | not stated | not stated | not stated | – |
| Gross profit | −5 | 93 | 1,300 | 1,045 | 258 | −75.3% |
| Operating profit (EBIT) | −10 | 34 | 227 | −183 | −4,914 | −2,583.4% |
| Profit before tax | −11 | 33 | 220 | −179 | −4,926 | −2,648.8% |
| Net profit | −11 | 26 | 174 | −141 | −3,846 | −2,620.3% |
| Total assets | 29 | 62 | 457 | 434 | 19,418 | +4,376.8% |
| Equity | 29 | 55 | 389 | 381 | 18,919 | +4,872.1% |
| Liabilities | 0 | 7 | 69 | 53 | 499 | +837.8% |
| Cash and cash equivalents | 29 | 60 | 457 | 324 | 17,481 | +5,292.9% |
| Average number of employees | – | – | – | 3 | 3 | 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 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 2 years in a row
Net result has been negative in 2024–2025.
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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 07/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 14/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 19/04/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 14/06/2023 | The company | PDF not statedXBRL |
| 2021 | 22/03/2021 – 31/12/2021 | 04/07/2022 | 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
431 companies in the databaseComparison with the other companies in research and experimental development on natural sciences and engineering based on the latest financial year.
Industry median: gross profit DKK 616k, net profit −DKK 892k, equity DKK 2m, 5 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. 58,459of 69,742 Better than 16% | No. 6,007of 69,964 Better than 91% |
| Same industry and fewer than 20 employees329 companies in the comparison | No. 154of 323 Better than 52% | No. 42of 329 Better than 88% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 29,310of 33,579 Better than 13% | No. 2,397of 33,678 Better than 93% |
| All companies of type ApS66,508 companies in the comparison | No. 56,235of 66,379 Better than 15% | No. 4,404of 66,505 Better than 93% |
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
Research and experimental development on natural sciences and engineering- PhaseTree ApSDKK 258k
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- PhaseTree ApS−DKK 3.8m
- Carlsberg A/SDKK 7bn
- Zealand Pharma A/SDKK 6.5bn
- PhaseTree ApSDKK 18.9m
- Carlsberg A/SDKK 30.7bn
- Zealand Pharma A/SDKK 14.8bn
- PhaseTree ApS14
- Carlsberg A/S107
- Zealand Pharma A/S569
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Tonic Holdings ApS20%
- TV Holdings ApS10%
- Heartcore Capital Fund V K/S20%
- Luthra Family Holding ApS15%
- Jen& Holdings ApS15%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Amit Luthra | CEO | 23/12/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mikkel Mouritz Marfelt | Board member | 23/12/2024 |
| Christian Lindegaard Jepsen | Board member | 23/12/2024 |
| Tejs Vegge | Board member | 23/12/2024 |
| Amit Luthra | Board member | 07/02/2025 |
| Jinhyun Chang | Chair of the board | 07/02/2025 |
- Founders
- J&J Holdings ApS, TV Holdings ApS
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Tejs Vegge | Chair of the board | 22/03/2021 | 22/12/2024 |
| Jung Min Kang | Director | 22/03/2021 | 01/01/2024 |
| Jinhyun Chang | Board member | 22/03/2021 | 06/02/2025 |
| Peter Bernholdt Richter | Board member | 22/03/2021 | 23/12/2024 |
| Jinhyun Chang | CEO | 01/01/2024 | 23/12/2024 |
| Amit Luthra | Chair of the board | 23/12/2024 | 06/02/2025 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør.
Address and production units
1 active production unitsMaskinvej 5
2860 Søborg
Gladsaxe Municipality · Postcode 2860
Other companies at the address (8)
- Alfa Laval Copenhagen A/SManufacture of other general-purpose machinery n.e.c.
- Kvasir Technologies ApSResearch and experimental development on natural sciences and engineering
- Chromologics ApSResearch and experimental development on natural sciences and engineering
- Cellugy ApSResearch and experimental development on natural sciences and engineering
- Visibuilt ApSOther technical consultancy
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PhaseTree ApS | Maskinvej 5, 2860 Søborg | 14 | 1026941691 |
Purpose
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
The purpose is quoted from the register in Danish.
Changes year by year
58 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20256 changesaccounts 1 · management 4 · industry 1
- AccountsAnnual report for 2024 published
- ManagementAmit Luthra appointed board member
- ManagementJinhyun Chang appointed chair of the board
- ManagementAmit Luthra stepped down as chair of the board
- ManagementJinhyun Chang stepped down as board member
- IndustryIndustry changed to Research and experimental development on natural sciences and engineering (721000)
202438 changescapital 2 · management 10 · ownership 25 · accounts 1
- CapitalShare capital changed from 266,666 DKK to 333,332 DKK
- ManagementAmit Luthra appointed ceo
- ManagementAmit Luthra appointed chair of the board
- ManagementMikkel Mouritz Marfelt appointed board member
- ManagementChristian Lindegaard Jepsen appointed board member
- ManagementTejs Vegge appointed board member
- ManagementJinhyun Chang stepped down as ceo
- ManagementPeter Bernholdt Richter stepped down as board member
- OwnershipLuthra Family Holding ApS registered as owner (15%)
- OwnershipHeartcore Capital Fund V K/S registered as owner (20%)
- OwnershipTV Holdings ApS registered as owner (10%)
- OwnershipJen& Holdings ApS registered as owner (15%)
- OwnershipInnovateur ApS is no longer registered as owner
- OwnershipLUTHRA HOLDING ApS is no longer registered as owner
- ManagementTejs Vegge stepped down as chair of the board
- OwnershipJen& Holdings ApS is no longer registered as owner
- OwnershipTV Holdings ApS is no longer registered as owner
- OwnershipLuthra Family Holding ApS is no longer registered as owner
- OwnershipTonic Holdings ApS registered as owner (20%)
- OwnershipJen& Holdings ApS registered as owner (20%)
- OwnershipJ&J Holdings ApS is no longer registered as owner
- CapitalShare capital changed from 200,000 DKK to 266,666 DKK
- OwnershipInnovateur ApS registered as owner (5%)
- OwnershipLUTHRA HOLDING ApS registered as owner (5%)
- OwnershipJ&J Holdings ApS registered as owner (33.33%)
- OwnershipTV Holdings ApS registered as owner (20%)
- OwnershipLuthra Family Holding ApS registered as owner (20%)
- OwnershipInnovateur ApS is no longer registered as owner
- OwnershipTV Holdings ApS is no longer registered as owner
- OwnershipJ&J Holdings ApS is no longer registered as owner
- OwnershipInnovateur ApS registered as owner (5%)
- OwnershipTV Holdings ApS registered as owner (25%)
- OwnershipJ&J Holdings ApS registered as owner (50%)
- OwnershipJ&J Holdings ApS is no longer registered as owner
- OwnershipTV Holdings ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
- ManagementJinhyun Chang appointed ceo
- ManagementJung Min Kang stepped down as director
20233 changesaccounts 1 · capital 1 · address 1
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 40,000 DKK to 200,000 DKK
- AddressMoved to Maskinvej 5, 2860 Søborg
20223 changesaddress 2 · accounts 1
- AddressMoved to Njalsgade 76, 4, 2300 København S
- AccountsAnnual report for 2021 published
- AddressMoved to Njalsgade 76, 4, 2300 København S
20217 changesfounded 1 · management 4 · ownership 2
- FoundedRegistered as PhaseTree ApS
- ManagementJung Min Kang appointed director
- ManagementPeter Bernholdt Richter appointed board member
- ManagementJinhyun Chang appointed board member
- ManagementTejs Vegge appointed chair of the board
- OwnershipJ&J Holdings ApS registered as owner (50%)
- OwnershipTV Holdings ApS registered as owner (33.33%)
Related companies
Same industry in Gladsaxe
- Zealand Pharma A/S569 employees
- Fortrea Denmark ApS31 employees
- Fida Biosystems ApS23 employees
- Kvasir Technologies ApS21 employees
- Nbcd A/S21 employees
- Chromologics ApS19 employees
Same people in management
- Intellishore Group A/Svia Amit Luthra
- Soundboks ApSvia Christian Lindegaard Jepsen
- Corti ApSvia Christian Lindegaard Jepsen
- Hello Retail ApSvia Christian Lindegaard Jepsen
- Blackwood Seven A/Svia Christian Lindegaard Jepsen
- CemGreen ApSvia Peter Bernholdt Richter
Largest in the industry
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- Gubra A/SDKK 2.6bn
- Vestas Wind Systems A/SDKK 2.5bn
- Bang & Olufsen A/SDKK 1.4bn
- 3shape A/SDKK 1.3bn
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.