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Sap Danmark A/S

Public limited companyCVR 11935680København ØActive

Sap Danmark A/S is a public limited company, based in København Ø, active in other software publishing, founded in 1988. Net profit rose 319% from 2024 to 2025, ending at DKK 273.7m. With 266 employees, the company is about 67 times larger than the industry median. Equity grew to DKK 401m in 2025.

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Key figures · financial year 2025

RevenueDKK 2.8bn+10.3% vs. 2024
Net profitDKK 273.7m+319.1% vs. 2024
EquityDKK 401m+67.6% vs. 2024
Employees266latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 10% (2024 → 2025), to DKK 2.8bn.
  • Net profit rose 319% (2024 → 2025), to DKK 273.7m.
  • Equity rose 68% (2024 → 2025), to DKK 401m.

Employees

  • 14 more employees than a year earlier: 266 (08/2026) against 252 (08/2025).

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 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
EquityNet profit
Financial figures for Sap Danmark A/S
202020212022202320242025Change
Revenue1,957,6051,863,8762,005,6002,296,8732,530,2582,790,842+10.3%
Operating profit (EBIT)206,059218,501146,84391,94068,180343,392+403.7%
Profit before tax203,650216,818147,972106,51086,520350,819+305.5%
Net profit159,659170,027112,24685,62365,296273,657+319.1%
Total assets1,406,4141,175,7991,146,7841,360,9341,415,7981,476,456+4.3%
Equity551,043572,270386,516323,189239,245401,035+67.6%
Liabilities855,371603,529760,268––––
Cash and cash equivalents219,321137,65278,890107,71567,20646,330−31.1%
Average number of employees219219227223219218−0.5%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
Net 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 Sap Danmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202202/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/06/2021The 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
05010015020025009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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.

EquityDKK 401mNo. 7 of 499
Better than 99% of the companies in the industry
Number of employees266No. 6 of 499
Better than 99% 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 875.9m
Distribution of gross profit for 427 companies in the industry (latest financial year, logarithmic scale).

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 200–499 employees796 companies in the comparisonnot stated
No. 149of 796
Better than 81%
Companies that are at least 30 years old10,276 companies in the comparisonnot stated
No. 447of 10,275
Better than 96%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 859of 18,024
Better than 95%

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. Sap Danmark A/S–
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Sap Danmark A/SDKK 273.7m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Sap Danmark A/SDKK 401m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Sap Danmark A/S266
  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
  • Sap Se100%
Sap Danmark A/S

Management

4 active registrations

Executive management

Executive management at Sap Danmark A/S
NameRoleAppointed
Helle DochedahlDirector01/07/2021

Board of directors

Board of directors at Sap Danmark A/S
NameRoleAppointed
Christian Larsen PedersenChair of the board09/08/2017
Helle DochedahlBoard member01/07/2021
Mikkel StavnsboBoard member14/06/2023
Founders
ApS Hvkmd 5 Nr. 555, A/S Pse Nr. 1285, Pehsb ApS
Former management (44)
Former management at Sap Danmark A/S
NameRoleAppointedResigned
Poul LundBoard member01/01/198821/07/1989
Poul LundDirector01/01/198813/09/1991
Torsten Valdemar HvidtBoard member01/01/198805/01/1993
Ulf Svejgaard PoulsenBoard member01/01/198803/05/1988
Susanne Saul StakemannChair of the board01/01/198803/05/1988
Pernille HøxbroDeputy board member01/01/198824/05/1996
Niels MolzenBoard member01/01/198829/09/1999
Niels MolzenDirector01/01/198801/03/1999
Niels Thorkil BakBoard member01/01/198824/05/1996
Per Emil Hasselbalch StakemannBoard member01/01/198803/05/1988
Per Emil Hasselbalch StakemannDirector01/01/198803/05/1988
Johannes SchlegelBoard member01/01/198813/01/1994
Jørgen ØstergaardBoard member01/01/198821/07/1989
Ralf Wilfried BaumannBoard member01/01/198824/05/1996
Ralf Wilfried BaumannDirector01/01/198805/01/1993
Henning KagermannBoard member01/01/198830/05/2002
Dieter Julius MatheisChair of the board01/01/198830/05/2002
Jim Hagemann SnabeBoard member29/09/199930/10/2003
Kim WienckenBoard member30/05/200202/08/2004
Léo ApothekerBoard member30/05/200230/10/2003
Emmanuelle Jacqueline Suzanne MoriceChair of the board30/10/200329/12/2004
Volker Andreas MerkBoard member30/10/200302/08/2004
Werner BrandtBoard member02/08/200401/10/2009
Kenneth Axel Mandrup HansenCEO01/02/200511/04/2006
Kenneth Axel Mandrup HansenBoard member31/05/200511/04/2006
Henrik Bjørn RasmussenBoard member11/04/200631/01/2009
Henrik Bjørn RasmussenCEO11/04/200631/01/2009
Jørgen Bo JohansenChair of the board11/04/200609/08/2017
Christian Larsen PedersenBoard member11/04/200608/08/2017
Karen NielsenBoard member01/02/200918/01/2010
Karen NielsenCEO01/02/200904/01/2010
Jeroen van der LingenCEO04/01/201031/08/2010
Jeroen van der LingenBoard member18/01/201002/09/2010
Jan ThorellCEO01/09/201001/03/2016
Jan ThorellBoard member02/09/201001/03/2016
Martin Günter SchirmerBoard member01/03/201631/12/2018
Martin Günter SchirmerCEO01/03/201631/12/2018
Anders Elmer FeddersenBoard member09/08/201701/02/2018
Jørn Bo JacobsenBoard member01/02/201826/01/2023
Per Haakon LomsdalenBoard member01/01/201901/07/2019
Per Haakon LomsdalenDirector01/01/201901/07/2019
Marika Tuulikki AuramoBoard member01/07/201901/07/2021
Marika Tuulikki AuramoDirector01/07/201901/07/2021
Ari Petri Kalevi PussinenBoard member26/01/202314/06/2023

Signing rule: Selskabet tegnes af 2 medlemmer af bestyrelsen i forening, eller af en direktør sammen med et bestyrelsesmedlem

Address and production units

1 active production units

Marmorvej 4
2100 København Ø

København Municipality · Postcode 2100

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
SAP DANMARK A/SMarmorvej 4, 2100 København Ø2661000301768

Purpose

Selskabets formål er at rådgive og fungere som konsulent vedrørende software, at udarbejde software, at undervise i brugen af software og at markedsføre software samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

112 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20236 changesaddress 1 · management 4 · accounts 1
  • Moved to Marmorvej 4, 2100 København Ø
  • Mikkel Stavnsbo appointed board member
  • Ari Petri Kalevi Pussinen stepped down as board member
  • Annual report for 2022 published
  • Ari Petri Kalevi Pussinen appointed board member
  • Jørn Bo Jacobsen stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesmanagement 4 · accounts 1
  • Helle Dochedahl appointed director
  • Helle Dochedahl appointed board member
  • Marika Tuulikki Auramo stepped down as director
  • Marika Tuulikki Auramo stepped down as board member
  • Annual report for 2020 published
20196 changesmanagement 6
  • Marika Tuulikki Auramo appointed director
  • Marika Tuulikki Auramo appointed board member
  • Per Haakon Lomsdalen stepped down as board member
  • Per Haakon Lomsdalen stepped down as director
  • Per Haakon Lomsdalen appointed board member
  • Per Haakon Lomsdalen appointed director
20184 changesmanagement 4
  • Martin Günter Schirmer stepped down as ceo
  • Martin Günter Schirmer stepped down as board member
  • Jørn Bo Jacobsen appointed board member
  • Anders Elmer Feddersen stepped down as board member
20174 changesmanagement 4
  • Christian Larsen Pedersen appointed chair of the board
  • Anders Elmer Feddersen appointed board member
  • Jørgen Bo Johansen stepped down as chair of the board
  • Christian Larsen Pedersen stepped down as board member
20164 changesmanagement 4
  • Martin Günter Schirmer appointed ceo
  • Martin Günter Schirmer appointed board member
  • Jan Thorell stepped down as board member
  • Jan Thorell stepped down as ceo
20142 changesmerger 1 · industry 1
  • Merger registered in CVR
  • Industry changed to Other software publishing (582900)
20121 changemerger 1
  • Merger registered in CVR
20108 changesmanagement 8
  • Jan Thorell appointed board member
  • Jeroen van der Lingen stepped down as board member
  • Jan Thorell appointed ceo
  • Jeroen van der Lingen stepped down as ceo
  • Jeroen van der Lingen appointed board member
  • Karen Nielsen stepped down as board member
  • Jeroen van der Lingen appointed ceo
  • Karen Nielsen stepped down as ceo
20095 changesmanagement 5
  • Werner Brandt stepped down as board member
  • Karen Nielsen appointed ceo
  • Karen Nielsen appointed board member
  • Henrik Bjørn Rasmussen stepped down as ceo
  • Henrik Bjørn Rasmussen stepped down as board member
20082 changesmerger 1 · industry 1
  • Merger registered in CVR
  • Industry changed to Computerprogrammering (620100)
20066 changesmanagement 6
  • Henrik Bjørn Rasmussen appointed ceo
  • Christian Larsen Pedersen appointed board member
  • Jørgen Bo Johansen appointed chair of the board
  • Henrik Bjørn Rasmussen appointed board member
  • Kenneth Axel Mandrup Hansen stepped down as board member
  • Kenneth Axel Mandrup Hansen stepped down as ceo
20052 changesmanagement 2
  • Kenneth Axel Mandrup Hansen appointed board member
  • Kenneth Axel Mandrup Hansen appointed ceo
20044 changesmanagement 4
  • Emmanuelle Jacqueline Suzanne Morice stepped down as chair of the board
  • Werner Brandt appointed board member
  • Volker Andreas Merk stepped down as board member
  • Kim Wiencken stepped down as board member
20035 changesmanagement 4 · industry 1
  • Emmanuelle Jacqueline Suzanne Morice appointed chair of the board
  • Volker Andreas Merk appointed board member
  • Léo Apotheker stepped down as board member
  • Jim Hagemann Snabe stepped down as board member
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20025 changesaddress 1 · management 4
  • Moved to Lautrupsgade 11, 2100 København Ø
  • Kim Wiencken appointed board member
  • Léo Apotheker appointed board member
  • Dieter Julius Matheis stepped down as chair of the board
  • Henning Kagermann stepped down as board member
19993 changesmanagement 3
  • Jim Hagemann Snabe appointed board member
  • Niels Molzen stepped down as board member
  • Niels Molzen stepped down as director
19963 changesmanagement 3
  • Niels Thorkil Bak stepped down as board member
  • Pernille Høxbro stepped down as deputy board member
  • Ralf Wilfried Baumann stepped down as board member
19941 changemanagement 1
  • Johannes Schlegel stepped down as board member
19932 changesmanagement 2
  • Torsten Valdemar Hvidt stepped down as board member
  • Ralf Wilfried Baumann stepped down as director
19911 changemanagement 1
  • Poul Lund stepped down as director
19893 changescapital 1 · management 2
  • Share capital changed from 3,500,000 DKK to 5,500,000 DKK
  • Poul Lund stepped down as board member
  • Jørgen Østergaard stepped down as board member
198826 changescapital 2 · name 1 · management 21 · ownership 1 · founded 1
  • Share capital changed from 1,500,000 DKK to 3,500,000 DKK
  • Name changed from A/S PSE 13 NR. 1119 to SAP DANMARK A/S
  • Share capital changed from 300,000 DKK to 1,500,000 DKK
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Susanne Saul Stakemann stepped down as chair of the board
  • Ulf Svejgaard Poulsen stepped down as board member
  • SAP SE registered as owner (100%)
  • Registered as A/S PSE 13 NR. 1119
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Niels Thorkil Bak appointed board member
  • Niels Molzen appointed director
  • Niels Molzen appointed board member
  • Pernille Høxbro appointed deputy board member
  • Susanne Saul Stakemann appointed chair of the board
  • Ulf Svejgaard Poulsen appointed board member
  • Torsten Valdemar Hvidt appointed board member
  • Poul Lund appointed board member
  • Poul Lund appointed director
  • Dieter Julius Matheis appointed chair of the board
  • Henning Kagermann appointed board member
  • Ralf Wilfried Baumann appointed director
  • Ralf Wilfried Baumann appointed board member
  • Jørgen Østergaard appointed board member
  • Johannes Schlegel appointed board member

Related companies

Same industry in København

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 23/10/2026.

View in CVRReport a correction