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Pinehill Finance ApS

Private limited companyCVR 39006936HillerødActive

Pinehill Finance ApS is a private limited company, based in Hillerød, active in it infrastructure, data processing, hosting and related activities, founded in 2017. Net profit fell 10% from 2024 to 2025, ending at DKK 393k. Equity grew to DKK 460k in 2025.

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Key figures · financial year 2025

Gross profitDKK 1.9m+36.4% vs. 2024
Net profitDKK 393k−9.8% vs. 2024
EquityDKK 460k+143.2% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 36% (2024 → 2025), to DKK 1.9m.
  • Net profit fell 10% (2024 → 2025), to DKK 393k.
  • Equity rose 143% (2024 → 2025), to DKK 460k.

Employees

  • 2 more employees than a year earlier: 4 (07/2026) against 2 (07/2025).

Management and owners, last 24 months

  • New in management: Mathias Riis Damgaard (director, 09/02/2026).
  • Stepped down: Mathias Riis Damgaard (director, 30/06/2026).
  • New owners registered: Danmark Invest ApS (09/02/2026).
  • No longer registered as owner: Danmark Invest ApS (30/06/2026).

Registrations, last 24 months

  • 24/09/2025: Moved to Krakasvej 17, st, 3400 Hillerød
  • 01/01/2025: Industry changed to IT infrastructure, data processing, hosting and related activities (631000)

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 400k−DKK 200kDKK 0DKK 200kDKK 400k202020212022202320242025
EquityNet profit
Financial figures for Pinehill Finance ApS
202020212022202320242025Change
Revenue000not statednot statednot stated–
Gross profit000661,3811,885+36.4%
Operating profit (EBIT)−64−16−1150560504−9.9%
Profit before tax−79−29−1249559504−9.8%
Net profit−79−29−12140435393−9.8%
Total assets000177531883+66.4%
Equity−345−374−387−246189460+143.2%
Liabilities345374387424342424+24%
Cash and cash equivalents000–369712+92.7%
Average number of employees–––112+100%

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 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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5mDKK 4m202020212022202320242025
Gross profitMedian, the industry (214 companies)

Annual reports

6 financial years
Annual reports for Pinehill Finance ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202320/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/06/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202123/06/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202025/06/2021The 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
0123410/1912/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

214 companies in the database

Comparison with the other companies in it infrastructure, data processing, hosting and related activities based on the latest financial year.

Gross profitDKK 1.9mNo. 131 of 213
Better than 39% of the companies in the industry
EquityDKK 460kNo. 144 of 214
Better than 33% of the companies in the industry
Number of employees4No. 143 of 214
Better than 33% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 274k, equity DKK 1.9m, 5 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 166.8mDKK 867.6mHere
Distribution of gross profit for 195 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 fewer than 20 employees69,967 companies in the comparison
No. 32,175of 69,742
Better than 54%
No. 43,012of 69,964
Better than 39%
Same industry and fewer than 20 employees168 companies in the comparison
No. 89of 168
Better than 47%
No. 101of 168
Better than 40%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 17,460of 33,588
Better than 48%
No. 20,333of 33,687
Better than 40%
All companies of type ApS66,508 companies in the comparison
No. 31,170of 66,379
Better than 53%
No. 38,910of 66,505
Better than 41%

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

IT infrastructure, data processing, hosting and related activities
Gross profit
  1. Pinehill Finance ApSDKK 1.9m
  2. Cassin Networks ApSDKK 2bn
  3. Dapsi International ApSDKK 1bn
Net profit
  1. Pinehill Finance ApSDKK 393k
  2. Cassin Networks ApSDKK 184.1m
  3. Dapsi International ApSDKK 33.1m
Equity
  1. Pinehill Finance ApSDKK 460k
  2. Cassin Networks ApSDKK 16.5bn
  3. Dapsi International ApSDKK 4.5bn
Employees
  1. Pinehill Finance ApS4
  2. Cassin Networks ApS64
  3. Dapsi International ApS49

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
  • Nikolaj Ekstrøm Rähr100%
Pinehill Finance ApS

Management

1 active registrations

Executive management

Executive management at Pinehill Finance ApS
NameRoleAppointed
Nikolaj Ekstrøm RährDirector09/10/2017
Founders
Nikolaj Ekstrøm Rähr, Jake Axl Gianluca Simonelli
Former management (2)
Former management at Pinehill Finance ApS
NameRoleAppointedResigned
Jake Axl Gianluca SimonelliCEO09/10/201706/05/2019
Mathias Riis DamgaardDirector09/02/202630/06/2026

Signing rule: Virksomheden tegnes af en direktør.

Address and production units

1 active production units

Krakasvej 17
3400 Hillerød

Hillerød Municipality · Postcode 3400

Production units
Production unitAddressEmployeesP number
Pinehill Finance ApSKrakasvej 17, st, 3400 Hillerød41022921440

Purpose

Selskabets formål er at drive salgsvirksomhed, konsulentvirksomhed, bogføringsvirksomhed samt udviklings- og innovationsvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20265 changesmanagement 2 · ownership 2 · accounts 1
  • Mathias Riis Damgaard stepped down as director
  • Danmark Invest ApS is no longer registered as owner
  • Annual report for 2025 published
  • Mathias Riis Damgaard appointed director
  • Danmark Invest ApS registered as owner (33.33%)
20253 changesaddress 1 · accounts 1 · industry 1
  • Moved to Krakasvej 17, st, 3400 Hillerød
  • Annual report for 2024 published
  • Industry changed to IT infrastructure, data processing, hosting and related activities (631000)
20241 changeaccounts 1
  • Annual report for 2023 published
20234 changesname 1 · industry 1 · accounts 1 · address 1
  • Name changed from The Grid Esport ApS to Pinehill Finance ApS
  • Industry changed to Databehandling, webhosting og lignende serviceydelser (631100)
  • Annual report for 2022 published
  • Moved to Granbakken 8, 3400 Hillerød
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaccounts 1 · address 1
  • Annual report for 2020 published
  • Moved to Seminariehaven 11, 3400 Hillerød
20205 changesownership 4 · address 1
  • Nikolaj Ekstrøm Rähr registered as owner (100%)
  • Niklas Boye Rasmussen is no longer registered as owner
  • Gjerris ApS is no longer registered as owner
  • Nikolaj Ekstrøm Rähr is no longer registered as owner
  • Moved to Svend Trøsts Vej 4B, st. th, 1912 Frederiksberg C
20194 changesownership 3 · management 1
  • Niklas Boye Rasmussen registered as owner (20%)
  • Gjerris ApS registered as owner (20%)
  • Jake Axl Gianluca Simonelli is no longer registered as owner
  • Jake Axl Gianluca Simonelli stepped down as ceo
20176 changesaddress 1 · founded 1 · management 2 · ownership 2
  • Moved to Sankt Peders Stræde 45, kl, 1453 København K
  • Registered as The Grid Esport ApS
  • Jake Axl Gianluca Simonelli appointed ceo
  • Nikolaj Ekstrøm Rähr appointed director
  • Nikolaj Ekstrøm Rähr registered as owner (50%)
  • Jake Axl Gianluca Simonelli registered as owner (50%)

Related companies

Same industry in Hillerød

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Same people in management

Largest in the industry

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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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