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raffle.ai ApS

Private limited companyCVR 39747189København KActive

raffle.ai ApS is a private limited company, based in København K, active in computer programming activities, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 3.9m. With 14 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 75% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 9.6m−14.9% vs. 2024
Net profit−DKK 3.9m−9.7% vs. 2024
EquityDKK 24.6m−13.7% vs. 2024
Employees14latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 15% (2024 → 2025), to DKK 9.6m.
  • The loss grew: from DKK 3.6m to DKK 3.9m (2024 → 2025).
  • Equity fell 14% (2024 → 2025), to DKK 24.6m.

Employees

  • 2 fewer employees than a year earlier: 14 (07/2026) against 16 (07/2025).

Management and owners, last 24 months

  • New in management: Mogens Munkholm Elsberg (chair of the board, 28/04/2025), Claus Troels Hansen (board member, 28/04/2025) and Claus Troels Hansen (ceo, 29/05/2026) (+2).
  • Stepped down: Suzanne Lauritzen (ceo, 30/04/2025), Jacob Arup Bratting Pedersen (board member, 16/12/2025) and Claus Erland Kotasek (chair of the board, 02/04/2025) (+2).

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for raffle.ai ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit251,7816,6259,75311,2299,561−14.9%
Operating profit (EBIT)−709−2,675–––−3,526–
Profit before tax−760−2,738−12,014−8,301−3,550––
Net profit27−2,738−8,805−8,301−3,550−3,894−9.7%
Total assets24,30622,49454,33645,57439,52035,970−9%
Equity12,5419,80340,29731,99628,44624,552−13.7%
Liabilities10,09811,024––11,07311,418+3.1%
Cash and cash equivalents10,9072,12529,33617,2718,7073,082−64.6%
Average number of employees131825251712−29.4%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 5 years in a row

    Net result has been negative in 2021–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Fewer employees

    The number of employees fell 29% from 17 in 2024 to 12 in 2025.

    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 raffle.ai ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/05/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202224/05/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202124/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202018/06/2021The 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 9.6mNo. 412 of 1,656
Better than 75% of the companies in the industry
EquityDKK 24.6mNo. 145 of 1,661
Better than 91% of the companies in the industry
Number of employees14No. 389 of 1,661
Better than 77% 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. 5,186of 69,742
Better than 93%
No. 5,071of 69,964
Better than 93%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 154of 1,363
Better than 89%
No. 41of 1,365
Better than 97%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 4,598of 33,588
Better than 86%
No. 2,006of 33,687
Better than 94%
All companies of type ApS66,508 companies in the comparison
No. 6,455of 66,379
Better than 90%
No. 3,659of 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

Computer programming activities
Gross profit
  1. raffle.ai ApSDKK 9.6m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. raffle.ai ApS−DKK 3.9m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. raffle.ai ApSDKK 24.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. raffle.ai ApS14
  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
  • Elsberg Holding ApS5%
  • Inferability.com ApS15%
  • World Facts ApS20%
  • K5 Private Investors L.P.20%
  • Danmarks Eksport- og Investeringsfond20%
raffle.ai ApS

Management

4 active registrations

Executive management

Executive management at raffle.ai ApS
NameRoleAppointed
Claus Troels HansenCEO29/05/2026

Board of directors

Board of directors at raffle.ai ApS
NameRoleAppointed
Kellen Collins HainesBoard member19/01/2022
Mogens Munkholm ElsbergChair of the board28/04/2025
Claus Troels HansenBoard member28/04/2025
Founders
Inferability.com ApS, World Facts ApS
Former management (14)
Former management at raffle.ai ApS
NameRoleAppointedResigned
Suzanne LauritzenDirector26/07/201823/01/2020
Ole WintherChair of the board26/07/201820/08/2018
Mogens Munkholm ElsbergChair of the board21/08/201831/12/2020
Claus Troels HansenBoard member21/08/201819/01/2022
Ole WintherBoard member21/08/201824/01/2020
Suzanne LauritzenCEO24/01/202030/04/2025
Suzanne LauritzenBoard member24/01/202001/01/2021
Jacob Arup Bratting PedersenBoard member24/01/202016/12/2025
Mogens Munkholm ElsbergBoard member01/01/202119/01/2022
Claus Erland KotasekChair of the board01/01/202102/04/2025
Kasper Mule Scott StruveBoard member01/01/202115/05/2023
Jared Evan MobergBoard member19/01/202215/05/2023
Suzanne LauritzenBoard member28/04/202529/01/2026
Michael MeisterCEO30/04/202529/05/2026

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med den administrerende direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Toldbodgade 51C
1253 København K

København Municipality · Postcode 1253

Production units
Production unitAddressEmployeesP number
raffle.ai ApSToldbodgade 51C, 1, 1253 København K131023822837

Purpose

Selskabets formål er at udvikle og sælge software løsninger samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

83 registered events
20264 changesaccounts 1 · management 3
  • Annual report for 2025 published
  • Claus Troels Hansen appointed ceo
  • Michael Meister stepped down as ceo
  • Suzanne Lauritzen stepped down as board member
20258 changesmanagement 7 · accounts 1
  • Jacob Arup Bratting Pedersen stepped down as board member
  • Annual report for 2024 published
  • Michael Meister appointed ceo
  • Suzanne Lauritzen stepped down as ceo
  • Mogens Munkholm Elsberg appointed chair of the board
  • Claus Troels Hansen appointed board member
  • Suzanne Lauritzen appointed board member
  • Claus Erland Kotasek stepped down as chair of the board
20243 changesaddress 2 · accounts 1
  • Moved to Toldbodgade 51C, 1, 1253 København K
  • Annual report for 2023 published
  • Moved to Toldbodgade 51D, 2, 1253 København K
20235 changesaccounts 1 · management 2 · ownership 2
  • Annual report for 2022 published
  • Jared Evan Moberg stepped down as board member
  • Kasper Mule Scott Struve stepped down as board member
  • Danmarks Eksport- og Investeringsfond registered as owner (20%)
  • VÆKSTFONDEN is no longer registered as owner
202216 changesaccounts 1 · capital 1 · management 4 · ownership 10
  • Annual report for 2021 published
  • Share capital changed from 77,840 DKK to 104,681 DKK
  • Jared Evan Moberg appointed board member
  • Kellen Collins Haines appointed board member
  • Mogens Munkholm Elsberg stepped down as board member
  • Claus Troels Hansen stepped down as board member
  • World Facts ApS registered as owner (20%)
  • Inferability.com ApS registered as owner (15%)
  • ELSBERG HOLDING ApS registered as owner (5%)
  • VÆKSTFONDEN registered as owner (20%)
  • K5 Private Investors L.P. registered as owner (20%)
  • Claus Troels Hansen is no longer registered as owner
  • VÆKSTFONDEN is no longer registered as owner
  • ELSBERG HOLDING ApS is no longer registered as owner
  • Inferability.com ApS is no longer registered as owner
  • World Facts ApS is no longer registered as owner
20215 changesaccounts 1 · management 4
  • Annual report for 2020 published
  • Claus Erland Kotasek appointed chair of the board
  • Mogens Munkholm Elsberg appointed board member
  • Kasper Mule Scott Struve appointed board member
  • Suzanne Lauritzen stepped down as board member
202021 changesmanagement 6 · address 2 · capital 2 · ownership 11
  • Mogens Munkholm Elsberg stepped down as chair of the board
  • Moved to Toldbodgade 51D, 2, 1253 København K
  • Share capital changed from 64,792 DKK to 77,840 DKK
  • VÆKSTFONDEN registered as owner (20%)
  • ELSBERG HOLDING ApS registered as owner (10%)
  • VÆKSTFONDEN is no longer registered as owner
  • ELSBERG HOLDING ApS is no longer registered as owner
  • Moved to Højbro Plads 10, 3, 1200 København K
  • Share capital changed from 55,000 DKK to 64,792 DKK
  • Jacob Arup Bratting Pedersen appointed board member
  • Suzanne Lauritzen appointed board member
  • Suzanne Lauritzen appointed ceo
  • Ole Winther stepped down as board member
  • Inferability.com ApS registered as owner (25%)
  • VÆKSTFONDEN registered as owner (10%)
  • ELSBERG HOLDING ApS registered as owner (10%)
  • World Facts ApS registered as owner (25%)
  • Suzanne Lauritzen stepped down as director
  • ELSBERG HOLDING ApS is no longer registered as owner
  • World Facts ApS is no longer registered as owner
  • Inferability.com ApS is no longer registered as owner
20194 changesaddress 1 · capital 1 · ownership 2
  • Moved to Store Strandstræde 21, 4, 1255 København K
  • Share capital changed from 50,000 DKK to 55,000 DKK
  • ELSBERG HOLDING ApS registered as owner (15%)
  • ELSBERG HOLDING ApS is no longer registered as owner
201817 changesname 1 · capital 1 · management 6 · ownership 8 · founded 1
  • Name changed from raffle.ai IvS to raffle.ai ApS
  • Share capital changed from 1,000 DKK to 50,000 DKK
  • Mogens Munkholm Elsberg appointed chair of the board
  • Ole Winther appointed board member
  • Claus Troels Hansen appointed board member
  • World Facts ApS registered as owner (33.33%)
  • Inferability.com ApS registered as owner (33.33%)
  • ELSBERG HOLDING ApS registered as owner (10%)
  • Claus Troels Hansen registered as owner (5%)
  • Ole Winther stepped down as chair of the board
  • Inferability.com ApS is no longer registered as owner
  • World Facts ApS is no longer registered as owner
  • Registered as raffle.ai IvS
  • Suzanne Lauritzen appointed director
  • Ole Winther appointed chair of the board
  • Inferability.com ApS registered as owner (50%)
  • World Facts ApS registered as owner (50%)

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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