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Qarma ApS

Private limited companyCVR 37912786ÅbyhøjActive

Qarma ApS is a private limited company, based in Åbyhøj, active in other software publishing, founded in 2016. With 39 employees, the company is about 10 times larger than the industry median. Equity grew to DKK 19.9m in 2025. Gross profit is higher than that of 89% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 26.9m+27.2% vs. 2024
Net profitDKK 6.4m−3.5% vs. 2024
EquityDKK 19.9m+45.9% vs. 2024
Employees39latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 27% (2024 → 2025), to DKK 26.9m.
  • Net profit fell 4% (2024 → 2025), to DKK 6.4m.
  • Equity rose 46% (2024 → 2025), to DKK 19.9m.

Employees

  • 6 more employees than a year earlier: 39 (07/2026) against 33 (07/2025).

Management and owners, last 24 months

  • New in management: Jacob Ildsvad Nedergaard (board member, 09/07/2026), Seth Michael Green (board member, 09/07/2026) and Mark Patrick Foreman (board member, 08/09/2026) (+1).
  • Stepped down: Lee Francis Ward (board member, 08/09/2026).
  • New owners registered: Aros Acquisition ApS (09/07/2026) and Tura Ni Holding Aktiebolag (28/05/2026).
  • No longer registered as owner: J. Ildsvad Holding ApS (09/07/2026), S. Ildsvad Holding ApS (09/07/2026) and Carl Stefan Eriksson (28/05/2026) (+4).

Registrations, last 24 months

  • 04/12/2024: Moved to Hermodsvej 5B, 3, 8230 Åbyhøj

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Qarma ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,9287,07611,16815,93321,16426,927+27.2%
Operating profit (EBIT)2931,2011,5655,2577,1489,227+29.1%
Profit before tax−7655761,7435,4488,4578,163−3.5%
Net profit−7655761,7434,8946,6116,380−3.5%
Total assets4,5728,20312,67020,97831,98542,691+33.5%
Equity4931,0722,7947,62213,66719,940+45.9%
Liabilities4,0787,1319,87613,35618,31822,750+24.2%
Cash and cash equivalents3,5465,7169,87316,81524,41436,117+47.9%
Average number of employees81118172327+17.4%

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 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (499 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 Qarma ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202514/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202320/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202102/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/05/2021The 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
01020304008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

499 companies in the database

Comparison with the other companies in other software publishing based on the latest financial year.

Gross profitDKK 26.9mNo. 56 of 494
Better than 89% of the companies in the industry
EquityDKK 19.9mNo. 57 of 499
Better than 89% of the companies in the industry
Number of employees39No. 56 of 499
Better than 89% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 168.1mDKK 875.9mHere
Distribution of gross profit for 427 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. 1,653of 9,892
Better than 83%
No. 1,751of 9,922
Better than 82%
Same industry and 20–49 employees64 companies in the comparison
No. 23of 63
Better than 65%
No. 17of 64
Better than 75%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,422of 33,588
Better than 96%
No. 2,312of 33,687
Better than 93%
All companies of type ApS66,508 companies in the comparison
No. 1,655of 66,379
Better than 98%
No. 4,245of 66,505
Better than 94%

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 software publishing
Gross profit
  1. Qarma ApSDKK 26.9m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Qarma ApSDKK 6.4m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Qarma ApSDKK 19.9m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Qarma ApS39
  2. Milestone Systems A/S531
  3. Visma e-conomic A/S456

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
  • Aros Acquisition ApS100%
Qarma ApS

Management

4 active registrations

Executive management

Executive management at Qarma ApS
NameRoleAppointed
Jacob Ildsvad NedergaardCEO03/08/2016

Board of directors

Board of directors at Qarma ApS
NameRoleAppointed
Jacob Ildsvad NedergaardBoard member09/07/2026
Seth Michael GreenBoard member09/07/2026
Mark Patrick ForemanBoard member08/09/2026
Founders
J. Ildsvad Holding ApS, S. Ildsvad Holding ApS, Riis Mønsted Holding ApS
Former management (1)
Former management at Qarma ApS
NameRoleAppointedResigned
Lee Francis WardBoard member09/07/202608/09/2026

Signing rule: Selskabet tegnes af direktøren alene.

Address and production units

2 active production units

Hermodsvej 5B
8230 Åbyhøj

Aarhus Municipality · Postcode 8230

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Qarma ApSHermodsvej 5B, 3, 8230 Åbyhøj371021640715
KøbenhavnStrandlodsvej 9A, st, 2300 København S21030190110

Purpose

Selskabets formål er at udvikle IT-løsninger til virksomheder, der får produceret varer i udlandet, samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
202615 changesmanagement 5 · ownership 9 · accounts 1
  • Mark Patrick Foreman appointed board member
  • Lee Francis Ward stepped down as board member
  • Lee Francis Ward appointed board member
  • Jacob Ildsvad Nedergaard appointed board member
  • Seth Michael Green appointed board member
  • Aros Acquisition ApS registered as owner (100%)
  • Tura Ni Holding Aktiebolag is no longer registered as owner
  • Riis Mønsted Holding ApS is no longer registered as owner
  • Joseph Ian Spaulding is no longer registered as owner
  • S. ILDSVAD HOLDING ApS is no longer registered as owner
  • J. ILDSVAD HOLDING ApS is no longer registered as owner
  • Annual report for 2025 published
  • Tura Ni Holding Aktiebolag registered as owner (10%)
  • Carl Stefan Eriksson is no longer registered as owner
  • Pär Lennart Eriksson is no longer registered as owner
20251 changeaccounts 1
  • Annual report for 2024 published
20248 changesaddress 1 · ownership 6 · accounts 1
  • Moved to Hermodsvej 5B, 3, 8230 Åbyhøj
  • Riis Mønsted Holding ApS registered as owner (15%)
  • Joseph Ian Spaulding registered as owner (5%)
  • Riis Mønsted Holding ApS is no longer registered as owner
  • Annual report for 2023 published
  • Carl Stefan Eriksson registered as owner (5%)
  • Pär Lennart Eriksson registered as owner (5%)
  • Voxson Carl-L Eriksson is no longer registered as owner
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaddress 1 · accounts 1
  • Moved to Hermodsvej 5A, 1, 8230 Åbyhøj
  • Annual report for 2020 published
20187 changescapital 2 · ownership 5
  • Share capital changed from 73,100 DKK to 83,100 DKK
  • S. ILDSVAD HOLDING ApS registered as owner (25%)
  • J. ILDSVAD HOLDING ApS registered as owner (25%)
  • Voxson Carl-L Eriksson registered as owner (10%)
  • J. ILDSVAD HOLDING ApS is no longer registered as owner
  • S. ILDSVAD HOLDING ApS is no longer registered as owner
  • Share capital changed from 54,000 DKK to 73,100 DKK
20171 changeaddress 1
  • Moved to Hermodsvej 5B, 2, 8230 Åbyhøj
20167 changescapital 1 · address 1 · founded 1 · management 1 · ownership 3
  • Share capital changed from 51,000 DKK to 54,000 DKK
  • Moved to Inge Lehmanns Gade 10, 6, 8000 Aarhus C
  • Registered as Qarma ApS
  • Jacob Ildsvad Nedergaard appointed ceo
  • J. ILDSVAD HOLDING ApS registered as owner (33.33%)
  • S. ILDSVAD HOLDING ApS registered as owner (33.33%)
  • Riis Mønsted Holding ApS registered as owner (20%)

Related companies

Same industry in Aarhus

See all →

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