PUFin ID A/S

Public limited companyCVR 40911332København ØActive

PUFin ID A/S is a public limited company, based in København Ø, active in research and experimental development on natural sciences and engineering, founded in 2019. The company made a loss in both 2024 and 2025, most recently DKK 13.9m. With 28 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 10.1m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 827k+80.5% vs. 2024
Net profit−DKK 13.9m+7.2% vs. 2024
EquityDKK 10.1m−26.5% vs. 2024
Employees28latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 15m to DKK 13.9m (2024 → 2025).
  • Equity fell 26% (2024 → 2025), to DKK 10.1m.

Employees

  • 2 more employees than a year earlier: 28 (07/2026) against 26 (07/2025).

Management and owners, last 24 months

  • New in management: Michael Næsby Brahe (ceo, 22/09/2026).
  • Stepped down: Line Klit Olsen (ceo, 22/09/2026).
  • No longer registered as owner: Phalgion Holding ApS (27/02/2026).

Registrations, last 24 months

  • 27/02/2026: Share capital changed from 4,555,847 DKK to 5,503,612 DKK
  • 29/10/2025: Share capital changed from 4,000,847 DKK to 4,555,847 DKK
  • 01/01/2025: Industry changed to Research and experimental development on natural sciences and engineering (721000)
  • 10/12/2024: Share capital changed from 2,976,098 DKK to 4,000,847 DKK

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 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m202020212022202320242025
EquityNet profit
Financial figures for PUFin ID A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−540−1,9312,263−561−4,238−827+80.5%
Operating profit (EBIT)−1,696−7,352−6,274−10,474−14,765−13,744+6.9%
Profit before tax−1,778−7,705−6,754−11,087−15,590−14,566+6.6%
Net profit−1,461−6,966−4,996−10,342−14,978−13,896+7.2%
Total assets9,5475,95319,27119,98325,12320,650−17.8%
Equity1,779−5,1869,9418,27413,79110,142−26.5%
Liabilities7,7678,9299,33011,70911,33310,508−7.3%
Cash and cash equivalents9,0432,3972,6591,7286,9452,947−57.6%
Average number of employees2511111013+30%

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 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2m202020212022202320242025
Gross profitMedian, the industry (431 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more 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 PUFin ID A/S
Financial yearPeriodPublishedFigures forDocuments
202501/09/2024 – 31/08/202525/02/2026The companyPDF not statedXBRL
202401/09/2023 – 31/08/202421/02/2025The companyPDFXBRL
202301/09/2022 – 31/08/202327/02/2024The companyPDFXBRL
202201/09/2021 – 31/08/202205/10/2022The companyPDFXBRL
202101/09/2020 – 31/08/202128/01/2022The companyPDFXBRL
202001/11/2019 – 31/08/202004/01/2021The 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

431 companies in the database

Comparison with the other companies in research and experimental development on natural sciences and engineering based on the latest financial year.

Gross profit−DKK 827kNo. 319 of 421
Better than 24% of the companies in the industry
EquityDKK 10.1mNo. 140 of 431
Better than 68% of the companies in the industry
Number of employees28No. 121 of 431
Better than 72% of the companies in the industry

Industry median: gross profit DKK 616k, net profit −DKK 892k, equity DKK 2m, 5 employees.

DKK 100kDKK 2.5mDKK 63.4mDKK 1.6bnDKK 13.7bn
Distribution of gross profit for 250 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. 9,767of 9,892
Better than 1%
No. 3,080of 9,922
Better than 69%
Same industry and 20–49 employees64 companies in the comparison
No. 44of 62
Better than 30%
No. 40of 64
Better than 38%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,090of 33,588
Better than 1%
No. 3,719of 33,687
Better than 89%
All companies of type A/S18,025 companies in the comparison
No. 17,362of 17,786
Better than 2%
No. 8,711of 18,024
Better than 52%

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

Research and experimental development on natural sciences and engineering
Gross profit
  1. PUFin ID A/S−DKK 827k
  2. Carlsberg A/SDKK 40.2bn
  3. Zealand Pharma A/SDKK 9.2bn
Net profit
  1. PUFin ID A/S−DKK 13.9m
  2. Carlsberg A/SDKK 7bn
  3. Zealand Pharma A/SDKK 6.5bn
Equity
  1. PUFin ID A/SDKK 10.1m
  2. Carlsberg A/SDKK 30.7bn
  3. Zealand Pharma A/SDKK 14.8bn
Employees
  1. PUFin ID A/S28
  2. Carlsberg A/S107
  3. Zealand Pharma A/S569

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
  • Bek-pedersen Holding ApS20%
  • Morten Mathiesen Holding ApS20%
  • Energisk A/S5%
  • JoaNic ApS25%
PUFin ID A/S

Management

5 active registrations

Executive management

Executive management at PUFin ID A/S
NameRoleAppointed
Michael Næsby BraheCEO22/09/2026

Board of directors

Board of directors at PUFin ID A/S
NameRoleAppointed
Thomas Just SørensenBoard member07/04/2020
Anders Bek-PedersenBoard member11/09/2023
Ole FastBoard member08/05/2024
Jørgen IversenChair of the board08/05/2024
Founders
Phalgion Holding ApS, DV Jensen Holding ApS
Former management (11)
Former management at PUFin ID A/S
NameRoleAppointedResigned
Thomas Just SørensenChair of the board01/11/201906/04/2020
Brady AndersonBoard member01/11/201927/01/2022
Brady AndersonCEO01/11/201931/03/2022
Søren Hoelgaard JustesenBoard member19/02/202007/04/2020
Stig MykenChair of the board07/04/202011/09/2023
Line Klit OlsenDirector01/03/202131/03/2022
Søren Hoelgaard JustesenBoard member27/01/202211/09/2023
Line Klit OlsenCEO01/04/202222/09/2026
Ole FastChair of the board11/09/202307/05/2024
Morten MathiesenBoard member11/09/202319/02/2024
Jørgen IversenBoard member19/02/202407/05/2024

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer eller af selskabets adm. direktør og bestyrelsesformanden i forening.

Address and production units

1 active production units

Fruebjergvej 3
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
PUFin ID A/SFruebjergvej 3, 2100 København Ø271025202305

Purpose

Selskabets formål er at udvikle og kommercialisere teknologier til optisk validering af tilfældige mønstre. Samtidig er selskabets formål at overveje, hvordan dets aktiviteter og drift kan skabe en positiv indvirkning på samfundet og miljøet

The purpose is quoted from the register in Danish.

Changes year by year

100 registered events
20265 changesmanagement 2 · capital 1 · ownership 1 · accounts 1
  • Michael Næsby Brahe appointed ceo
  • Line Klit Olsen stepped down as ceo
  • Share capital changed from 4,555,847 DKK to 5,503,612 DKK
  • Phalgion Holding ApS is no longer registered as owner
  • Annual report for 2025 published
20253 changescapital 1 · accounts 1 · industry 1
  • Share capital changed from 4,000,847 DKK to 4,555,847 DKK
  • Annual report for 2024 published
  • Industry changed to Research and experimental development on natural sciences and engineering (721000)
20248 changescapital 1 · management 6 · accounts 1
  • Share capital changed from 2,976,098 DKK to 4,000,847 DKK
  • Jørgen Iversen appointed chair of the board
  • Ole Fast appointed board member
  • Jørgen Iversen stepped down as board member
  • Ole Fast stepped down as chair of the board
  • Annual report for 2023 published
  • Jørgen Iversen appointed board member
  • Morten Mathiesen stepped down as board member
202333 changescapital 3 · management 5 · ownership 25
  • Share capital changed from 926,597 DKK to 2,976,098 DKK
  • Ole Fast appointed chair of the board
  • Morten Mathiesen appointed board member
  • Anders Bek-Pedersen appointed board member
  • Søren Hoelgaard Justesen stepped down as board member
  • Stig Myken stepped down as chair of the board
  • Phalgion Holding ApS registered as owner (5%)
  • JoaNic ApS registered as owner (25%)
  • ENERGISK A/S registered as owner (5%)
  • MORTEN MATHIESEN HOLDING ApS registered as owner (20%)
  • BEK-PEDERSEN HOLDING ApS registered as owner (20%)
  • HERALDYNE ApS is no longer registered as owner
  • ENERGISK A/S is no longer registered as owner
  • JoaNic ApS is no longer registered as owner
  • Phalgion Holding ApS is no longer registered as owner
  • Share capital changed from 856,307 DKK to 926,597 DKK
  • ENERGISK A/S registered as owner (25%)
  • JoaNic ApS registered as owner (10%)
  • Phalgion Holding ApS registered as owner (25%)
  • HERALDYNE ApS registered as owner (10%)
  • ENERGISK A/S is no longer registered as owner
  • JoaNic ApS is no longer registered as owner
  • Phalgion Holding ApS is no longer registered as owner
  • HERALDYNE ApS is no longer registered as owner
  • Share capital changed from 789,058 DKK to 856,307 DKK
  • ENERGISK A/S registered as owner (25%)
  • JoaNic ApS registered as owner (15%)
  • Phalgion Holding ApS registered as owner (25%)
  • HERALDYNE ApS registered as owner (15%)
  • ENERGISK A/S is no longer registered as owner
  • JoaNic ApS is no longer registered as owner
  • HERALDYNE ApS is no longer registered as owner
  • Phalgion Holding ApS is no longer registered as owner
202216 changesaccounts 2 · ownership 8 · management 5 · capital 1
  • Annual report for 2022 published
  • ENERGISK A/S registered as owner (25%)
  • DV Jensen Holding ApS is no longer registered as owner
  • ENERGISK A/S is no longer registered as owner
  • Line Klit Olsen appointed ceo
  • Line Klit Olsen stepped down as director
  • Brady Anderson stepped down as ceo
  • Annual report for 2021 published
  • Share capital changed from 693,868 DKK to 789,058 DKK
  • Søren Hoelgaard Justesen appointed board member
  • Brady Anderson stepped down as board member
  • ENERGISK A/S registered as owner (20%)
  • JoaNic ApS registered as owner (10%)
  • DV Jensen Holding ApS registered as owner (20%)
  • DV Jensen Holding ApS is no longer registered as owner
  • ENERGISK A/S is no longer registered as owner
20213 changescapital 1 · management 1 · accounts 1
  • Share capital changed from 671,395 DKK to 693,868 DKK
  • Line Klit Olsen appointed director
  • Annual report for 2020 published
202018 changesaddress 2 · capital 2 · ownership 8 · management 5 · name 1
  • Moved to Fruebjergvej 3, 2100 København Ø
  • Share capital changed from 400,000 DKK to 671,395 DKK
  • HERALDYNE ApS registered as owner (10%)
  • DV Jensen Holding ApS registered as owner (25%)
  • Phalgion Holding ApS registered as owner (25%)
  • ENERGISK A/S registered as owner (25%)
  • ENERGISK A/S is no longer registered as owner
  • DV Jensen Holding ApS is no longer registered as owner
  • Phalgion Holding ApS is no longer registered as owner
  • HERALDYNE ApS is no longer registered as owner
  • Moved to Ole Maaløes Vej 3, 2200 København N
  • Thomas Just Sørensen appointed board member
  • Stig Myken appointed chair of the board
  • Søren Hoelgaard Justesen stepped down as board member
  • Thomas Just Sørensen stepped down as chair of the board
  • Name changed from PUFin ID ApS to PUFin ID A/S
  • Share capital changed from 48,802 DKK to 400,000 DKK
  • Søren Hoelgaard Justesen appointed board member
201914 changescapital 1 · ownership 8 · address 1 · founded 1 · management 3
  • Share capital changed from 40,000 DKK to 48,802 DKK
  • ENERGISK A/S registered as owner (10%)
  • DV Jensen Holding ApS registered as owner (33.33%)
  • Phalgion Holding ApS registered as owner (33.33%)
  • HERALDYNE ApS registered as owner (5%)
  • DV Jensen Holding ApS is no longer registered as owner
  • Phalgion Holding ApS is no longer registered as owner
  • Moved to Lyngbyvej 20, 2100 København Ø
  • Registered as PUFin ID ApS
  • Brady Anderson appointed board member
  • Brady Anderson appointed ceo
  • Thomas Just Sørensen appointed chair of the board
  • DV Jensen Holding ApS registered as owner (33.33%)
  • Phalgion Holding ApS registered as owner (50%)

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Same industry in København

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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. 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