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project44 A/S

Public limited companyCVR 37439541NørresundbyActive

project44 A/S is a public limited company, based in Nørresundby, active in computer programming activities, founded in 2015. Equity was negative at the end of 2026 (−DKK 35.2m). Net profit fell 26% from 2025 to 2026, ending at DKK 12m. Gross profit is higher than that of 90% of the companies in the industry in the database.

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Key figures · financial year 2026

Gross profitDKK 29.2m−30.7% vs. 2025
Net profitDKK 12m−26.3% vs. 2025
Equity−DKK 35.2m+25.4% vs. 2025
Employees9latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 31% (2025 → 2026), to DKK 29.2m.
  • Net profit fell 26% (2025 → 2026), to DKK 12m.

Employees

  • 2 fewer employees than a year earlier: 9 (07/2026) against 11 (07/2025).

Management and owners, last 24 months

  • New in management: Bertha Papadakis (board member, 15/08/2025).
  • Stepped down: Timothy James MacCarrick (board member, 15/08/2025).

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 2020–2026 · amounts in DKK thousand

Equity and net profit

−DKK 100m−DKK 80m−DKK 60m−DKK 40m−DKK 20mDKK 0DKK 20m202020212023202420252026
EquityNet profit
Financial figures for project44 A/S
202020212023202420252026Change
Revenuenot statednot stated141,82547,371not statednot stated–
Gross profit26,39713,07759,04031,16042,16929,225−30.7%
Operating profit (EBIT)−25,308−22,77312,7814,05424,84416,901−32%
Profit before tax−24,707––−2,30118,35712,167−33.7%
Net profit−27,771−31,3463,487−3,22716,27511,997−26.3%
Total assets19,06448,848177,852253,396217,698107,298−50.7%
Equity−52,453−83,800−59,982−63,428−47,153−35,156+25.4%
Liabilities71,517132,648237,834316,824264,851142,454−46.2%
Cash and cash equivalents2,0084,91830,31252,629204,82490,733−55.7%
Average number of employees474342311511−26.7%

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, 2025, 2026: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2022 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212023202420252026
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Negative equity

    Equity was −DKK 35.2m at the end of 2026.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Fewer employees

    The number of employees fell 27% from 15 in 2025 to 11 in 2026.

    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.

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 project44 A/S
Financial yearPeriodPublishedFigures forDocuments
202601/02/2025 – 31/01/202613/07/2026The companyPDF not statedXBRL
202501/02/2024 – 31/01/202501/08/2025The companyPDF not statedXBRL
202401/02/2023 – 31/01/202402/09/2024The companyPDFXBRL
202301/02/2022 – 31/01/202307/08/2023The companyPDFXBRL
202101/01/2021 – 31/12/202109/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202015/07/2021The 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

1,661 companies in the database

Comparison with the other companies in computer programming activities based on the latest financial year.

Gross profitDKK 29.2mNo. 171 of 1,656
Better than 90% of the companies in the industry
Equity−DKK 35.2mNo. 1639 of 1,661
Better than 1% of the companies in the industry
Number of employees9No. 417 of 1,661
Better than 75% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 employees.

DKK 100kDKK 978kDKK 9.6mDKK 93.7mDKK 428.6mHere
Distribution of gross profit for 1,474 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. 916of 69,742
Better than 99%
No. 69,868of 69,964
Better than 0%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 15of 1,363
Better than 99%
No. 1,353of 1,365
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,317of 33,588
Better than 96%
No. 33,584of 33,687
Better than 0%
All companies of type A/S18,025 companies in the comparison
No. 4,478of 17,786
Better than 75%
No. 17,934of 18,024
Better than 0%

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

Computer programming activities
Gross profit
  1. project44 A/SDKK 29.2m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. project44 A/SDKK 12m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. project44 A/S−DKK 35.2m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. project44 A/S9
  2. Stibo Systems A/S201
  3. Trackunit ApS249

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
  • Project44 Inc.100%
project44 A/S

Management

4 active registrations

Executive management

Executive management at project44 A/S
NameRoleAppointed
Daniel RamsgaardCEO16/02/2024

Board of directors

Board of directors at project44 A/S
NameRoleAppointed
Jett McCandlessChair of the board30/11/2018
Daniel RamsgaardBoard member16/02/2024
Bertha PapadakisBoard member15/08/2025
Former management (22)
Former management at project44 A/S
NameRoleAppointedResigned
Heine Blach JensenBoard member20/11/201530/11/2018
Jesper Bille Sandgaard BennikeCEO20/11/201530/11/2018
Jørgen Brøndgaard NielsenDirector20/11/201530/11/2018
Frank WintherBoard member20/11/201530/11/2018
Jakob Axel NielsenDeputy chair20/11/201530/11/2018
Ulrik BülowBoard member20/11/201501/02/2018
Michael Bondo AndersenChair of the board20/11/201530/11/2018
Jesper Brøckner NielsenBoard member20/11/201501/02/2018
Nina Christiane MovinBoard member27/02/201730/11/2018
Anette KristensenDirector01/04/201730/11/2018
Mads Peter LübeckBoard member01/02/201830/11/2018
Denis Jean Jørgen Viet-JacobsenBoard member01/02/201830/11/2018
Brett MoodyCEO30/11/201820/12/2018
Michael BrunsBoard member30/11/201801/05/2019
Michael BrunsDirector30/11/201819/12/2018
Charles Barnes JRBoard member30/11/201829/12/2020
Jørgen Brøndgaard NielsenDirector20/12/201830/04/2019
Michael BrunsCEO20/12/201801/05/2019
Jørgen Brøndgaard NielsenBoard member01/05/201916/02/2024
Jørgen Brøndgaard NielsenCEO01/05/201916/02/2024
David ChandlerBoard member29/12/202024/05/2023
Timothy James MacCarrickBoard member24/05/202315/08/2025

Signing rule: Selskabet tegnes af en direktør, en direktør i forening med bestyrelsens formand, af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Strømmen 6
9400 Nørresundby

Aalborg Municipality · Postcode 9400

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
project44 A/SStrømmen 6, 9400 Nørresundby91021142308

Purpose

Selskabets formål er at drive virksomhed med softwaretrackingløsninger til transportindustrien samt anden dermed efter ledelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

68 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20253 changesmanagement 2 · accounts 1
  • Bertha Papadakis appointed board member
  • Timothy James MacCarrick stepped down as board member
  • Annual report for 2025 published
20245 changesaccounts 1 · management 4
  • Annual report for 2024 published
  • Daniel Ramsgaard appointed ceo
  • Daniel Ramsgaard appointed board member
  • Jørgen Brøndgaard Nielsen stepped down as board member
  • Jørgen Brøndgaard Nielsen stepped down as ceo
20233 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Timothy James MacCarrick appointed board member
  • David Chandler stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20202 changesmanagement 2
  • David Chandler appointed board member
  • Charles Barnes JR stepped down as board member
20195 changesmanagement 5
  • Jørgen Brøndgaard Nielsen appointed board member
  • Jørgen Brøndgaard Nielsen appointed ceo
  • Michael Bruns stepped down as ceo
  • Michael Bruns stepped down as board member
  • Jørgen Brøndgaard Nielsen stepped down as director
201829 changesname 1 · management 23 · ownership 4 · capital 1
  • Name changed from GateHouse Logistics A/S to project44 A/S
  • Michael Bruns appointed ceo
  • Jørgen Brøndgaard Nielsen appointed director
  • Brett Moody stepped down as ceo
  • Michael Bruns stepped down as director
  • Michael Bruns appointed board member
  • Brett Moody appointed ceo
  • Michael Bruns appointed director
  • Charles Barnes JR appointed board member
  • Jett McCandless appointed chair of the board
  • Mads Peter Lübeck stepped down as board member
  • Denis Jean Jørgen Viet-Jacobsen stepped down as board member
  • Anette Kristensen stepped down as director
  • Nina Christiane Movin stepped down as board member
  • Jakob Axel Nielsen stepped down as deputy chair
  • Jesper Bille Sandgaard Bennike stepped down as ceo
  • Frank Winther stepped down as board member
  • Heine Blach Jensen stepped down as board member
  • Jørgen Brøndgaard Nielsen stepped down as director
  • Michael Bondo Andersen stepped down as chair of the board
  • Project44 Inc. registered as owner (100%)
  • GATEHOUSE HOLDING A/S is no longer registered as owner
  • Jorgen B ApS is no longer registered as owner
  • MaViMa ApS is no longer registered as owner
  • Share capital changed from 1,500,000 DKK to 1,600,000 DKK
  • Mads Peter Lübeck appointed board member
  • Denis Jean Jørgen Viet-Jacobsen appointed board member
  • Ulrik Bülow stepped down as board member
  • Jesper Brøckner Nielsen stepped down as board member
20178 changescapital 2 · management 2 · ownership 4
  • Share capital changed from 1,250,000 DKK to 1,500,000 DKK
  • Anette Kristensen appointed director
  • Share capital changed from 500,000 DKK to 1,250,000 DKK
  • Nina Christiane Movin appointed board member
  • GATEHOUSE HOLDING A/S registered as owner (66.67%)
  • Jorgen B ApS registered as owner (10%)
  • MaViMa ApS registered as owner (10%)
  • GATEHOUSE HOLDING A/S is no longer registered as owner
201510 changesfounded 1 · management 8 · ownership 1
  • Registered as GateHouse Logistics A/S
  • Ulrik Bülow appointed board member
  • Jakob Axel Nielsen appointed deputy chair
  • Jesper Bille Sandgaard Bennike appointed ceo
  • Frank Winther appointed board member
  • Heine Blach Jensen appointed board member
  • Jørgen Brøndgaard Nielsen appointed director
  • Jesper Brøckner Nielsen appointed board member
  • Michael Bondo Andersen appointed chair of the board
  • GATEHOUSE HOLDING A/S registered as owner (100%)

Related companies

Same industry in Aalborg

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Same people in management

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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.

View in CVRReport a correction