Pleo Financial Services A/S

Public limited companyCVR 39155435København NActive

Pleo Financial Services A/S is a public limited company, based in København N, active in other activities auxiliary to financial services, except insurance and pension funding, founded in 2017. Measured by gross profit, it ranks no. 4 of 133 companies in the industry in the database. Profit has grown three years in a row. With 21 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 533.6m
Net profitDKK 198.8m+4.2% vs. 2024
EquityDKK 626.1m+46.8% vs. 2024
Employees21latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 8% (2024 → 2025), to DKK 259m.
  • Net profit rose 4% (2024 → 2025), to DKK 198.8m.
  • Equity rose 47% (2024 → 2025), to DKK 626.1m.

Management and owners, last 24 months

  • New in management: Tine Kosmider Boye (ceo, 01/11/2025), Kenneth Allen Fox (deputy board member, 11/09/2026) and Julia Ann Herendeen (board member, 11/09/2026) (+2).
  • Stepped down: Niccolo Perra (director, 04/02/2025), Kenneth Allen Fox (board member, 03/02/2025) and Saagar Shashank Kulkarni (deputy board member, 03/02/2025) (+4).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)

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 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
EquityNet profit
Financial figures for Pleo Financial Services A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot stated533,647–
Gross profit25,01479,081196,218213,812280,319258,965−7.6%
Operating profit (EBIT)–73,858162,878185,677244,783231,724−5.3%
Profit before tax23,63675,917162,006197,184257,993264,767+2.6%
Net profit18,43659,215125,299144,804190,778198,753+4.2%
Total assets344,639747,7891,166,7221,714,8841,890,7361,985,362+5%
Equity63,298122,513247,812392,616426,508626,107+46.8%
Liabilities281,341625,276918,9101,322,2681,464,2281,359,255−7.2%
Cash and cash equivalents311,158665,3791,037,1191,371,5871,635,7721,514,751−7.4%
Average number of employees–1232414217−59.5%

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: 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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (136 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Fewer employees

    The number of employees fell 60% from 42 in 2024 to 17 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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
Annual reports for Pleo Financial Services A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/07/2021The companyPDFXBRL

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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

136 companies in the database

Comparison with the other companies in other activities auxiliary to financial services, except insurance and pension funding based on the latest financial year.

Gross profitDKK 259mNo. 4 of 133
Better than 98% of the companies in the industry
EquityDKK 626.1mNo. 5 of 136
Better than 97% of the companies in the industry
Number of employees21No. 24 of 136
Better than 83% of the companies in the industry

Industry median: gross profit DKK 3.2m, net profit DKK 326k, equity DKK 2.7m, 4 employees.

DKK 100kDKK 1.2mDKK 14.3mDKK 171.8mDKK 899.6mHere
Distribution of gross profit for 113 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. 41of 9,892
Better than 100%
No. 87of 9,922
Better than 99%
Same industry and 20–49 employees14 companies in the comparison
No. 1of 14
Better than 100%
No. 1of 14
Better than 100%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 118of 33,588
Better than 100%
No. 145of 33,687
Better than 100%
All companies of type A/S18,025 companies in the comparison
No. 599of 17,786
Better than 97%
No. 592of 18,024
Better than 97%

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 funding
Gross profit
  1. Pleo Financial Services A/SDKK 259m
  2. BEC Financial Technologies a.m.b.a.DKK 2.1bn
  3. Mastercard Payment Services Denmark A/SDKK 609.7m
Net profit
  1. Pleo Financial Services A/SDKK 198.8m
  2. BEC Financial Technologies a.m.b.a.DKK 39.7m
  3. Mastercard Payment Services Denmark A/SDKK 747m
Equity
  1. Pleo Financial Services A/SDKK 626.1m
  2. BEC Financial Technologies a.m.b.a.DKK 1.4bn
  3. Mastercard Payment Services Denmark A/SDKK 1.5bn

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
  • Pleo Holding ApS100%
Pleo Financial Services A/S

Management

12 active registrations

Executive management

Executive management at Pleo Financial Services A/S
NameRoleAppointed
Jeppe Carøe RindomDirector12/11/2021
Søren Westh LonningDirector01/05/2024
Tine Kosmider BoyeCEO01/11/2025

Board of directors

Board of directors at Pleo Financial Services A/S
NameRoleAppointed
Niccolo PerraBoard member07/12/2017
Johan Erik Larsson BrennerBoard member07/12/2017
Jeppe Carøe RindomBoard member19/06/2019
Andreas BernströmChair of the board19/06/2019
Vanessa Ann BaileyBoard member19/08/2021
Lise KaaeBoard member23/11/2022
Merritt Susanne HummerBoard member27/06/2024
Kenneth Allen FoxDeputy board member11/09/2026
Julia Ann HerendeenBoard member11/09/2026
Founders
Pleo Holding ApS
Former management (20)
Former management at Pleo Financial Services A/S
NameRoleAppointedResigned
Bjarke Klinge StaunDeputy board member07/12/201701/01/2020
Christian Ulrik TrolleDeputy board member07/12/201713/03/2018
Jeppe Carøe RindomCEO07/12/201711/11/2021
Jeppe Carøe RindomBoard member07/12/201713/03/2018
Stefano ZorziChair of the board07/12/201713/03/2018
Niccolo PerraDirector07/12/201704/02/2025
Christian Ulrik TrolleBoard member14/03/201823/11/2022
Jeppe Carøe RindomChair of the board14/03/201818/06/2019
Stefano ZorziDeputy board member14/03/201821/10/2024
Andreas BernströmBoard member21/12/201818/06/2019
Huan Jing GanDeputy board member21/12/201801/11/2019
Kenneth Allen FoxBoard member29/10/201903/02/2025
Saagar Shashank KulkarniDeputy board member02/07/202003/02/2025
Thorbjørn FinkDirector28/05/202111/11/2021
Keri Ann GohmanBoard member19/08/202127/06/2024
Merritt Susanne HummerDeputy board member19/08/202126/06/2024
Adrienne GormleyBoard member19/08/202101/10/2025
Thorbjørn FinkCEO12/11/202101/11/2025
Kenneth Allen FoxDeputy board member04/02/202510/09/2026
Saagar Shashank KulkarniBoard member04/02/202511/09/2026

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af et bestyrelsesmedlem i forening med en direktør

Address and production units

1 active production units

Ravnsborg Tværgade 5C
2200 København N

København Municipality · Postcode 2200

Production units
Production unitAddressEmployeesP number
Pleo Financial Services A/SRavnsborg Tværgade 5C, 4, 2200 København N211023112600

Purpose

Selskabets formål er at udstede e-pengepenge og udbyde betalingstjenester samt virksomhed, som står i forbindelse hermed, og anden erhvervsmæssig virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

67 registered events
20265 changesmanagement 4 · accounts 1
  • Julia Ann Herendeen appointed board member
  • Kenneth Allen Fox appointed deputy board member
  • Saagar Shashank Kulkarni stepped down as board member
  • Kenneth Allen Fox stepped down as deputy board member
  • Annual report for 2025 published
202510 changesmanagement 8 · accounts 1 · industry 1
  • Tine Kosmider Boye appointed ceo
  • Thorbjørn Fink stepped down as ceo
  • Adrienne Gormley stepped down as board member
  • Annual report for 2024 published
  • Saagar Shashank Kulkarni appointed board member
  • Kenneth Allen Fox appointed deputy board member
  • Niccolo Perra stepped down as director
  • Saagar Shashank Kulkarni stepped down as deputy board member
  • Kenneth Allen Fox stepped down as board member
  • Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
20246 changesmanagement 5 · accounts 1
  • Stefano Zorzi stepped down as deputy board member
  • Annual report for 2023 published
  • Merritt Susanne Hummer appointed board member
  • Keri Ann Gohman stepped down as board member
  • Merritt Susanne Hummer stepped down as deputy board member
  • Søren Westh Lonning appointed director
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Lise Kaae appointed board member
  • Christian Ulrik Trolle stepped down as board member
  • Annual report for 2021 published
202110 changesmanagement 9 · accounts 1
  • Jeppe Carøe Rindom appointed director
  • Thorbjørn Fink appointed ceo
  • Thorbjørn Fink stepped down as director
  • Jeppe Carøe Rindom stepped down as ceo
  • Adrienne Gormley appointed board member
  • Keri Ann Gohman appointed board member
  • Merritt Susanne Hummer appointed deputy board member
  • Vanessa Ann Bailey appointed board member
  • Annual report for 2020 published
  • Thorbjørn Fink appointed director
20202 changesmanagement 2
  • Saagar Shashank Kulkarni appointed deputy board member
  • Bjarke Klinge Staun stepped down as deputy board member
20199 changesmanagement 6 · name 1 · capital 1 · address 1
  • Huan Jing Gan stepped down as deputy board member
  • Kenneth Allen Fox appointed board member
  • Name changed from Pleo Financial Services ApS to Pleo Financial Services A/S
  • Share capital changed from 50,000 DKK to 400,000 DKK
  • Andreas Bernström appointed chair of the board
  • Jeppe Carøe Rindom appointed board member
  • Andreas Bernström stepped down as board member
  • Jeppe Carøe Rindom stepped down as chair of the board
  • Moved to Ravnsborg Tværgade 5C, 4, 2200 København N
201811 changesmanagement 8 · name 1 · industry 2
  • Huan Jing Gan appointed deputy board member
  • Andreas Bernström appointed board member
  • Name changed from Pleo Solutions ApS to Pleo Financial Services ApS
  • Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
  • Industry changed to Andre informationstjenester i.a.n. (639900)
  • Jeppe Carøe Rindom appointed chair of the board
  • Stefano Zorzi appointed deputy board member
  • Christian Ulrik Trolle appointed board member
  • Christian Ulrik Trolle stepped down as deputy board member
  • Stefano Zorzi stepped down as chair of the board
  • Jeppe Carøe Rindom stepped down as board member
201710 changesfounded 1 · management 8 · ownership 1
  • Registered as Pleo Solutions ApS
  • Christian Ulrik Trolle appointed deputy board member
  • Bjarke Klinge Staun appointed deputy board member
  • Niccolo Perra appointed board member
  • Niccolo Perra appointed director
  • Stefano Zorzi appointed chair of the board
  • Johan Erik Larsson Brenner appointed board member
  • Jeppe Carøe Rindom appointed ceo
  • Jeppe Carøe Rindom appointed board member
  • Pleo Holding ApS registered as owner (100%)

Related companies

Same people in management

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.

View in CVRReport a correction