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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 8,897 | 9,964 | 11,639 | 15,715 | 16,144 | 18,960 | +17.4% |
| Operating profit (EBIT) | −176 | 1,942 | 2,597 | 5,657 | 4,479 | 8,193 | +82.9% |
| Profit before tax | −183 | 1,937 | 2,560 | 5,800 | 4,762 | 8,672 | +82.1% |
| Net profit | −143 | 1,556 | 2,006 | 4,481 | 3,689 | 6,765 | +83.4% |
| Total assets | 8,943 | 10,561 | 13,314 | 12,803 | 15,776 | 19,944 | +26.4% |
| Equity | 2,214 | 3,788 | 5,295 | 2,270 | 5,958 | 9,035 | +51.6% |
| Liabilities | 6,476 | 6,386 | 7,630 | 10,140 | 9,818 | 10,908 | +11.1% |
| Cash and cash equivalents | 3,152 | 1,499 | 4,716 | 4,202 | 4,288 | 4,585 | +6.9% |
| Average number of employees | 17 | 14 | 14 | 14 | 15 | 16 | +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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 20/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 07/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 19/01/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 07/02/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/01/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 04/03/2021 | The company | PDFXBRL |
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
1,661 companies in the databaseComparison with the other companies in computer programming activities based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 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. 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- ProjectFlow A/SDKK 19m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- ProjectFlow A/SDKK 6.8m
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
- ProjectFlow A/SDKK 9m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
- ProjectFlow A/S18
- Stibo Systems A/S201
- 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- Qics Holding B.V.100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Karsten Ley Poulsen | CEO | 01/01/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Edward Jozef Plasier | Chair of the board | 16/02/2024 |
| Mark Velthuijsen | Board member | 16/02/2024 |
| Yannick Julian Ausma | Board member | 20/12/2024 |
- Founders
- Flowit Holding ApS
Former management (16)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lars Toftegaard Olsen | Director | 16/10/2002 | 31/12/2020 |
| Karsten Ley Poulsen | Director | 16/10/2002 | 31/12/2020 |
| Klavs Peter Skjerbek | Board member | 25/04/2006 | 02/12/2008 |
| Lars Toftegaard Olsen | Board member | 25/04/2006 | 31/12/2020 |
| Karsten Ley Poulsen | Board member | 25/04/2006 | 16/02/2024 |
| Anders Andersen | Board member | 23/05/2007 | 30/12/2009 |
| Flemming Dyppel | Chair of the board | 02/12/2008 | 14/02/2011 |
| Morten Hedrich | Board member | 01/10/2009 | 30/12/2009 |
| Mette Poulsen | Board member | 30/12/2009 | 14/02/2011 |
| Cecilie Ayoe Damgaard Konrad | Board member | 30/12/2009 | 14/02/2011 |
| Kenneth Linnebjerg | Chair of the board | 14/02/2011 | 30/11/2018 |
| Frank Lynge Schou-Jensen | Board member | 14/02/2011 | 16/02/2024 |
| Søren Fink-Jensen | Board member | 14/02/2011 | 30/06/2018 |
| Mogens Nielsen | Chair of the board | 01/12/2018 | 16/02/2024 |
| Kenneth Linnebjerg | Board member | 01/12/2018 | 27/01/2021 |
| Jacob Christiaan den Houting | Board member | 16/02/2024 | 20/12/2024 |
Signing rule: Selskabet tegnes af selskabets administrerende direktør.
Address and production units
1 active production unitsVindegade 34
5000 Odense C
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ProjectFlow A/S | Vindegade 34, 1, 5000 Odense C | 18 | 1009387974 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
202412 changesmanagement 8 · ownership 3 · accounts 1
- ManagementYannick Julian Ausma appointed board member
- ManagementJacob Christiaan den Houting stepped down as board member
- ManagementMark Velthuijsen appointed board member
- ManagementEdward Jozef Plasier appointed chair of the board
- ManagementJacob Christiaan den Houting appointed board member
- ManagementMogens Nielsen stepped down as chair of the board
- ManagementFrank Lynge Schou-Jensen stepped down as board member
- ManagementKarsten Ley Poulsen stepped down as board member
- OwnershipQics Holding B.V. registered as owner (100%)
- OwnershipHAFSTRØM NIELSEN ApS is no longer registered as owner
- OwnershipVISO HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
20232 changesname 1 · accounts 1
- NameName changed from FLOWIT A/S to ProjectFlow A/S
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20217 changesownership 3 · merger 1 · accounts 1 · management 2
- OwnershipHAFSTRØM NIELSEN ApS registered as owner (5%)
- OwnershipVISO HOLDING ApS registered as owner (66.67%)
- OwnershipFLOWIT HOLDING ApS is no longer registered as owner
- MergerMerger registered in CVR
- AccountsAnnual report for 2020 published
- ManagementKenneth Linnebjerg stepped down as board member
- ManagementKarsten Ley Poulsen appointed ceo
20203 changesmanagement 3
- ManagementLars Toftegaard Olsen stepped down as board member
- ManagementLars Toftegaard Olsen stepped down as director
- ManagementKarsten Ley Poulsen stepped down as director
20186 changesmanagement 4 · address 2
- ManagementKenneth Linnebjerg appointed board member
- ManagementMogens Nielsen appointed chair of the board
- ManagementKenneth Linnebjerg stepped down as chair of the board
- AddressMoved to Vindegade 34, 1, 5000 Odense C
- AddressMoved to Vindegade 34, 1, 5000 Odense C
- ManagementSøren Fink-Jensen stepped down as board member
20161 changeaddress 1
- AddressMoved to Vindegade 34, 1, 5000 Odense C
20122 changesaddress 2
- AddressMoved to Vindegade 34, 1, 5000 Odense C
- AddressMoved to Jernbanegade 28, 1, 5000 Odense C
20116 changesmanagement 6
- ManagementKenneth Linnebjerg appointed chair of the board
- ManagementFrank Lynge Schou-Jensen appointed board member
- ManagementSøren Fink-Jensen appointed board member
- ManagementCecilie Ayoe Damgaard Konrad stepped down as board member
- ManagementMette Poulsen stepped down as board member
- ManagementFlemming Dyppel stepped down as chair of the board
20095 changesmanagement 5
- ManagementCecilie Ayoe Damgaard Konrad appointed board member
- ManagementMette Poulsen appointed board member
- ManagementMorten Hedrich stepped down as board member
- ManagementAnders Andersen stepped down as board member
- ManagementMorten Hedrich appointed board member
20083 changesmanagement 2 · industry 1
- ManagementFlemming Dyppel appointed chair of the board
- ManagementKlavs Peter Skjerbek stepped down as board member
- IndustryIndustry changed to Computerprogrammering (620100)
20071 changemanagement 1
- ManagementAnders Andersen appointed board member
20065 changesname 1 · capital 1 · management 3
- NameName changed from FLOWIT ApS to FLOWIT A/S
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementKarsten Ley Poulsen appointed board member
- ManagementLars Toftegaard Olsen appointed board member
- ManagementKlavs Peter Skjerbek appointed board member
20041 changeaddress 1
- AddressMoved to Vindegade 75-77, 1, 5000 Odense C
20031 changeindustry 1
- IndustryIndustry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20024 changesfounded 1 · management 2 · ownership 1
- FoundedRegistered as FLOWIT ApS
- ManagementLars Toftegaard Olsen appointed director
- ManagementKarsten Ley Poulsen appointed director
- OwnershipFLOWIT HOLDING ApS registered as owner (100%)
Related companies
Same industry in Odense
- Aviationcloud A/S177 employees
- Hesehus A/S124 employees
- Umbraco A/S117 employees
- Element Logic Denmark A/S54 employees
- Infor Danmark A/S54 employees
- LIFA Digital ApS45 employees
Same people in management
- Nassau Door A/Svia Flemming Dyppel
- Logitrans A/Svia Flemming Dyppel
- Huj A/Svia Flemming Dyppel
- Sjølund A/Svia Flemming Dyppel
- Tamigo ApSvia Mogens Nielsen
- Moviestarplanet ApSvia Mogens Nielsen
Largest in the industry
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- twoday Danmark A/SDKK 672.1m
- SAS Institute A/SDKK 544.2m
- Dalux ApSDKK 505m
- Fellowmind Denmark A/SDKK 480m
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.