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Railmonitor ApS

Private limited companyCVR 36957069HadstenActive

Railmonitor ApS is a private limited company, based in Hadsten, active in computer programming activities, founded in 2015. After a loss in 2024, the company made a profit of DKK 1m in 2025. Equity grew to DKK 2.1m in 2025.

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Key figures · financial year 2025

Gross profitDKK 7.1m+52.7% vs. 2024
Net profitDKK 1m+671.8% vs. 2024
EquityDKK 2.1m+96.1% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 53% (2024 → 2025), to DKK 7.1m.
  • Net profit went from a loss of DKK 180k to a profit of DKK 1m (2024 → 2025).
  • Equity rose 96% (2024 → 2025), to DKK 2.1m.

Management and owners, last 24 months

  • New in management: Thorvald Horup (board member, 27/03/2026), Niels Juul (ceo, 27/03/2026) and Adam David Campbell Todd (board member, 27/03/2026).
  • Stepped down: Thorvald Horup (ceo, 27/03/2026), Niels Juul (board member, 27/03/2026) and Niels Juul (director, 26/03/2026).
  • New owners registered: Horup Holding ApS (27/03/2026), Familien Juul Holding ApS (27/03/2026) and Caterpillar Venture Capital Inc. (27/03/2026).
  • No longer registered as owner: Horup Holding ApS (26/03/2026) and Familien Juul Holding ApS (26/03/2026).

Registrations, last 24 months

  • 10/06/2026: Share capital changed from 54,931 DKK to 55,451 DKK
  • 27/03/2026: Share capital changed from 52,520 DKK to 54,931 DKK
  • 06/06/2025: Moved to Gammel Sellingvej 1F, 8370 Hadsten

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 2m−DKK 1.5m−DKK 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2m202020212022202320242025
EquityNet profit
Financial figures for Railmonitor ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,6625,9104,9294,6584,6817,148+52.7%
Operating profit (EBIT)–2,4011,382817531,630+2,956.8%
Profit before tax6752,049978441−2701,289+578.2%
Net profit5241,688870373−1801,027+671.8%
Total assets6,8508,70711,16611,36011,00612,232+11.1%
Equity−1,68458751,2481,0692,096+96.1%
Liabilities8,1108,1119,5529,2869,0419,298+2.8%
Cash and cash equivalents1,4568735,7895,3944,3474,618+6.2%
Average number of employees5555660%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Annual reports

6 financial years
Annual reports for Railmonitor ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202322/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202019/02/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 7.1mNo. 498 of 1,656
Better than 70% of the companies in the industry
EquityDKK 2.1mNo. 637 of 1,661
Better than 62% of the companies in the industry
Number of employees8No. 639 of 1,661
Better than 62% 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. 8,315of 69,742
Better than 88%
No. 23,715of 69,964
Better than 66%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 235of 1,363
Better than 83%
No. 390of 1,365
Better than 71%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 6,178of 33,579
Better than 82%
No. 10,533of 33,678
Better than 69%
All companies of type ApS66,508 companies in the comparison
No. 9,242of 66,379
Better than 86%
No. 19,914of 66,505
Better than 70%

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. Railmonitor ApSDKK 7.1m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Railmonitor ApSDKK 1m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Railmonitor ApSDKK 2.1m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Railmonitor ApS8
  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
  • Horup Holding ApS33.33%
  • Familien Juul Holding ApS20%
  • Caterpillar Venture Capital Inc.33.33%
Railmonitor ApS

Management

5 active registrations

Executive management

Executive management at Railmonitor ApS
NameRoleAppointed
Niels JuulCEO27/03/2026

Board of directors

Board of directors at Railmonitor ApS
NameRoleAppointed
Kristian MadsenBoard member28/08/2018
Bjarne Henning JensenChair of the board30/08/2019
Thorvald HorupBoard member27/03/2026
Adam David Campbell ToddBoard member27/03/2026
Founders
Thorvald Horup, Niels Juul, Borean Innovation A/S
Former management (7)
Former management at Railmonitor ApS
NameRoleAppointedResigned
Thorvald HorupCEO01/07/201527/03/2026
Niels JuulBoard member01/07/201527/03/2026
Julie Føste NielsenBoard member01/07/201529/09/2015
Peter LadefogedChair of the board01/07/201530/08/2019
Niels JuulDirector01/08/201526/03/2026
Brian Gottorp JeppesenBoard member29/09/201521/06/2017
Bjarne Henning JensenBoard member26/06/201729/08/2019

Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Gammel Sellingvej 1F
8370 Hadsten

Favrskov Municipality · Postcode 8370

Production units
Production unitAddressEmployeesP number
Railmonitor ApSGammel Sellingvej 1F, 8370 Hadsten71020558462

Purpose

Selskabets formål er at drive udvikling, handel og service indenfor jernbanesektoren i hele verden.

The purpose is quoted from the register in Danish.

Changes year by year

56 registered events
202614 changescapital 2 · management 6 · ownership 5 · accounts 1
  • Share capital changed from 54,931 DKK to 55,451 DKK
  • Share capital changed from 52,520 DKK to 54,931 DKK
  • Adam David Campbell Todd appointed board member
  • Niels Juul appointed ceo
  • Thorvald Horup appointed board member
  • Thorvald Horup stepped down as ceo
  • Niels Juul stepped down as board member
  • Caterpillar Venture Capital Inc. registered as owner (33.33%)
  • FAMILIEN JUUL HOLDING ApS registered as owner (20%)
  • HORUP HOLDING ApS registered as owner (33.33%)
  • Niels Juul stepped down as director
  • HORUP HOLDING ApS is no longer registered as owner
  • FAMILIEN JUUL HOLDING ApS is no longer registered as owner
  • Annual report for 2025 published
20252 changesaddress 1 · accounts 1
  • Moved to Gammel Sellingvej 1F, 8370 Hadsten
  • Annual report for 2024 published
20242 changescapital 1 · accounts 1
  • Share capital changed from 52,000 DKK to 52,520 DKK
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20214 changescapital 2 · industry 1 · accounts 1
  • Share capital changed from 51,750 DKK to 52,000 DKK
  • Share capital changed from 51,500 DKK to 51,750 DKK
  • Industry changed to Computerprogrammering (620100)
  • Annual report for 2020 published
20199 changesmanagement 3 · ownership 6
  • Bjarne Henning Jensen appointed chair of the board
  • Peter Ladefoged stepped down as chair of the board
  • HORUP HOLDING ApS registered as owner (66.67%)
  • FAMILIEN JUUL HOLDING ApS registered as owner (20%)
  • Uddannelses- og Forskningsstyrelsen is no longer registered as owner
  • BOREAN INNOVATION A/S is no longer registered as owner
  • Bjarne Henning Jensen stepped down as board member
  • FAMILIEN JUUL HOLDING ApS is no longer registered as owner
  • HORUP HOLDING ApS is no longer registered as owner
20181 changemanagement 1
  • Kristian Madsen appointed board member
20175 changescapital 1 · management 2 · ownership 2
  • Share capital changed from 50,750 DKK to 51,500 DKK
  • Bjarne Henning Jensen appointed board member
  • Brian Gottorp Jeppesen stepped down as board member
  • Uddannelses- og Forskningsstyrelsen registered as owner (20%)
  • Styrelsen for Forskning og Uddannelse is no longer registered as owner
20165 changescapital 1 · ownership 4
  • Share capital changed from 50,000 DKK to 50,750 DKK
  • FAMILIEN JUUL HOLDING ApS registered as owner (15%)
  • HORUP HOLDING ApS registered as owner (33.33%)
  • HORUP HOLDING ApS is no longer registered as owner
  • FAMILIEN JUUL HOLDING ApS is no longer registered as owner
201512 changesmanagement 7 · founded 1 · ownership 4
  • Brian Gottorp Jeppesen appointed board member
  • Julie Føste Nielsen stepped down as board member
  • Niels Juul appointed director
  • Registered as Railmonitor ApS
  • Thorvald Horup appointed ceo
  • Peter Ladefoged appointed chair of the board
  • Julie Føste Nielsen appointed board member
  • Niels Juul appointed board member
  • HORUP HOLDING ApS registered as owner (50%)
  • FAMILIEN JUUL HOLDING ApS registered as owner (20%)
  • BOREAN INNOVATION A/S registered as owner (5%)
  • Styrelsen for Forskning og Uddannelse registered as owner (20%)

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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.

View in CVRReport a correction