ProjectFlow A/S

Public limited companyCVR 26829798Odense CActive

ProjectFlow A/S is a public limited company, based in Odense C, active in computer programming activities, founded in 2002. Net profit rose 83% from 2024 to 2025, ending at DKK 6.8m. With 18 employees, the company is about 5 times larger than the industry median. Equity grew to DKK 9m in 2025.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 19m+17.4% vs. 2024
Net profitDKK 6.8m+83.4% vs. 2024
EquityDKK 9m+51.6% vs. 2024
Employees18latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 17% (2024 → 2025), to DKK 19m.
  • Net profit rose 83% (2024 → 2025), to DKK 6.8m.
  • Equity rose 52% (2024 → 2025), to DKK 9m.

Employees

  • 3 fewer employees than a year earlier: 18 (08/2026) against 21 (08/2025).

Management and owners, last 24 months

  • New in management: Yannick Julian Ausma (board member, 20/12/2024).
  • Stepped down: Jacob Christiaan den Houting (board member, 20/12/2024).

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for ProjectFlow A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8,8979,96411,63915,71516,14418,960+17.4%
Operating profit (EBIT)−1761,9422,5975,6574,4798,193+82.9%
Profit before tax−1831,9372,5605,8004,7628,672+82.1%
Net profit−1431,5562,0064,4813,6896,765+83.4%
Total assets8,94310,56113,31412,80315,77619,944+26.4%
Equity2,2143,7885,2952,2705,9589,035+51.6%
Liabilities6,4766,3867,63010,1409,81810,908+11.1%
Cash and cash equivalents3,1521,4994,7164,2024,2884,585+6.9%
Average number of employees171414141516+6.7%

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, 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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures
  • 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 ProjectFlow A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202520/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202319/01/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/01/2022The companyPDFXBRL
202001/01/2020 – 31/12/202004/03/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 19mNo. 253 of 1,656
Better than 85% of the companies in the industry
EquityDKK 9mNo. 287 of 1,661
Better than 83% of the companies in the industry
Number of employees18No. 313 of 1,661
Better than 81% 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. 1,653of 69,742
Better than 98%
No. 9,691of 69,964
Better than 86%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 43of 1,363
Better than 97%
No. 113of 1,365
Better than 92%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,551of 24,791
Better than 86%
No. 7,117of 24,909
Better than 71%
All companies of type A/S18,025 companies in the comparison
No. 6,187of 17,786
Better than 65%
No. 9,147of 18,024
Better than 49%

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. ProjectFlow A/SDKK 19m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. ProjectFlow A/SDKK 6.8m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. ProjectFlow A/SDKK 9m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. ProjectFlow A/S18
  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
  • Qics Holding B.V.100%
ProjectFlow A/S

Management

4 active registrations

Executive management

Executive management at ProjectFlow A/S
NameRoleAppointed
Karsten Ley PoulsenCEO01/01/2021

Board of directors

Board of directors at ProjectFlow A/S
NameRoleAppointed
Edward Jozef PlasierChair of the board16/02/2024
Mark VelthuijsenBoard member16/02/2024
Yannick Julian AusmaBoard member20/12/2024
Founders
Flowit Holding ApS
Former management (16)
Former management at ProjectFlow A/S
NameRoleAppointedResigned
Lars Toftegaard OlsenDirector16/10/200231/12/2020
Karsten Ley PoulsenDirector16/10/200231/12/2020
Klavs Peter SkjerbekBoard member25/04/200602/12/2008
Lars Toftegaard OlsenBoard member25/04/200631/12/2020
Karsten Ley PoulsenBoard member25/04/200616/02/2024
Anders AndersenBoard member23/05/200730/12/2009
Flemming DyppelChair of the board02/12/200814/02/2011
Morten HedrichBoard member01/10/200930/12/2009
Mette PoulsenBoard member30/12/200914/02/2011
Cecilie Ayoe Damgaard KonradBoard member30/12/200914/02/2011
Kenneth LinnebjergChair of the board14/02/201130/11/2018
Frank Lynge Schou-JensenBoard member14/02/201116/02/2024
Søren Fink-JensenBoard member14/02/201130/06/2018
Mogens NielsenChair of the board01/12/201816/02/2024
Kenneth LinnebjergBoard member01/12/201827/01/2021
Jacob Christiaan den HoutingBoard member16/02/202420/12/2024

Signing rule: Selskabet tegnes af selskabets administrerende direktør.

Address and production units

1 active production units

Vindegade 34
5000 Odense C

Odense Municipality · Postcode 5000

Production units
Production unitAddressEmployeesP number
ProjectFlow A/SVindegade 34, 1, 5000 Odense C181009387974

Purpose

Selskabets formål er at udøve investerings, udviklings- og servicevirksomhed samt aktiviteter i tilknytning hertil

The purpose is quoted from the register in Danish.

Changes year by year

62 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
202412 changesmanagement 8 · ownership 3 · accounts 1
  • Yannick Julian Ausma appointed board member
  • Jacob Christiaan den Houting stepped down as board member
  • Mark Velthuijsen appointed board member
  • Edward Jozef Plasier appointed chair of the board
  • Jacob Christiaan den Houting appointed board member
  • Mogens Nielsen stepped down as chair of the board
  • Frank Lynge Schou-Jensen stepped down as board member
  • Karsten Ley Poulsen stepped down as board member
  • Qics Holding B.V. registered as owner (100%)
  • HAFSTRØM NIELSEN ApS is no longer registered as owner
  • VISO HOLDING ApS is no longer registered as owner
  • Annual report for 2023 published
20232 changesname 1 · accounts 1
  • Name changed from FLOWIT A/S to ProjectFlow A/S
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20217 changesownership 3 · merger 1 · accounts 1 · management 2
  • HAFSTRØM NIELSEN ApS registered as owner (5%)
  • VISO HOLDING ApS registered as owner (66.67%)
  • FLOWIT HOLDING ApS is no longer registered as owner
  • Merger registered in CVR
  • Annual report for 2020 published
  • Kenneth Linnebjerg stepped down as board member
  • Karsten Ley Poulsen appointed ceo
20203 changesmanagement 3
  • Lars Toftegaard Olsen stepped down as board member
  • Lars Toftegaard Olsen stepped down as director
  • Karsten Ley Poulsen stepped down as director
20186 changesmanagement 4 · address 2
  • Kenneth Linnebjerg appointed board member
  • Mogens Nielsen appointed chair of the board
  • Kenneth Linnebjerg stepped down as chair of the board
  • Moved to Vindegade 34, 1, 5000 Odense C
  • Moved to Vindegade 34, 1, 5000 Odense C
  • Søren Fink-Jensen stepped down as board member
20161 changeaddress 1
  • Moved to Vindegade 34, 1, 5000 Odense C
20122 changesaddress 2
  • Moved to Vindegade 34, 1, 5000 Odense C
  • Moved to Jernbanegade 28, 1, 5000 Odense C
20116 changesmanagement 6
  • Kenneth Linnebjerg appointed chair of the board
  • Frank Lynge Schou-Jensen appointed board member
  • Søren Fink-Jensen appointed board member
  • Cecilie Ayoe Damgaard Konrad stepped down as board member
  • Mette Poulsen stepped down as board member
  • Flemming Dyppel stepped down as chair of the board
20095 changesmanagement 5
  • Cecilie Ayoe Damgaard Konrad appointed board member
  • Mette Poulsen appointed board member
  • Morten Hedrich stepped down as board member
  • Anders Andersen stepped down as board member
  • Morten Hedrich appointed board member
20083 changesmanagement 2 · industry 1
  • Flemming Dyppel appointed chair of the board
  • Klavs Peter Skjerbek stepped down as board member
  • Industry changed to Computerprogrammering (620100)
20071 changemanagement 1
  • Anders Andersen appointed board member
20065 changesname 1 · capital 1 · management 3
  • Name changed from FLOWIT ApS to FLOWIT A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Karsten Ley Poulsen appointed board member
  • Lars Toftegaard Olsen appointed board member
  • Klavs Peter Skjerbek appointed board member
20041 changeaddress 1
  • Moved to Vindegade 75-77, 1, 5000 Odense C
20031 changeindustry 1
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20024 changesfounded 1 · management 2 · ownership 1
  • Registered as FLOWIT ApS
  • Lars Toftegaard Olsen appointed director
  • Karsten Ley Poulsen appointed director
  • FLOWIT HOLDING ApS registered as owner (100%)

Related companies

Same industry in Odense

See all →

Same people in management

Largest in the industry

See all →

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