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Sapiens Denmark A/S

Public limited companyCVR 19989348NordhavnActive

Sapiens Denmark A/S is a public limited company, based in Nordhavn, active in computer programming activities, founded in 1997. Net profit rose 134% from 2024 to 2025, ending at DKK 77.7m. Profit has grown three years in a row. With 20 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 345.6m+29.6% vs. 2024
Net profitDKK 77.7m+134.1% vs. 2024
EquityDKK 314.6m+32.8% vs. 2024
Employees20latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 48% (2024 → 2025), to DKK 184.5m.
  • Revenue rose 30% (2024 → 2025), to DKK 345.6m.
  • Net profit rose 134% (2024 → 2025), to DKK 77.7m.
  • Equity rose 33% (2024 → 2025), to DKK 314.6m.

Employees

  • 8 fewer employees than a year earlier: 20 (08/2026) against 28 (08/2025).

Management and owners, last 24 months

  • New in management: Sveta Hardak Nissan (director, 01/03/2025), Paul Michael Wheeler (chair of the board, 09/02/2026) and Einav Waizman (board member, 09/02/2026) (+1).
  • Stepped down: Roni Giladi (board member, 09/02/2026), Ron Al-Dor (chair of the board, 09/02/2026) and Patrick Slattery (board member, 09/02/2026) (+1).

Registrations, last 24 months

  • 15/09/2025: Moved to Århusgade 118, 2150 Nordhavn

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 200m−DKK 100mDKK 0DKK 100mDKK 200mDKK 300m202020212022202320242025
EquityNet profit
Financial figures for Sapiens Denmark A/S
202020212022202320242025Change
Revenue172,503200,264181,677229,657266,741345,629+29.6%
Gross profit86,033117,67984,332128,026124,675184,480+48%
Operating profit (EBIT)−9,62133,721−14,89245,29147,597111,516+134.3%
Profit before tax−12,47232,927−64,17028,84954,485114,951+111%
Net profit−14,22224,218−64,1733,38733,20677,722+134.1%
Total assets94,830136,029544,352468,463466,013465,405−0.1%
Equity−48,834−24,615−151,215203,652236,858314,580+32.8%
Liabilities143,030160,644695,567–229,155150,807−34.2%
Cash and cash equivalents21,71754,15140,42056,36661,91119,600−68.3%
Average number of employees93764738,00033,00028,000−15.2%

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Annual reports

6 financial years
Annual reports for Sapiens Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/07/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202318/07/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202218/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202118/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/07/2021The 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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,661 companies in the database

Comparison with the other companies in computer programming activities based on the latest financial year.

Gross profitDKK 184.5mNo. 20 of 1,656
Better than 99% of the companies in the industry
EquityDKK 314.6mNo. 12 of 1,661
Better than 99% of the companies in the industry
Number of employees20No. 2 of 1,661
Better than 100% 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 20–49 employees9,922 companies in the comparison
No. 67of 9,892
Better than 99%
No. 140of 9,922
Better than 99%
Same industry and 20–49 employees183 companies in the comparison
No. 2of 182
Better than 99%
No. 3of 183
Better than 99%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 366of 24,791
Better than 99%
No. 532of 24,909
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 866of 17,786
Better than 95%
No. 1,014of 18,024
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. Sapiens Denmark A/SDKK 184.5m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Sapiens Denmark A/SDKK 77.7m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Sapiens Denmark A/SDKK 314.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Sapiens Denmark A/S20
  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
  • Sapiens Technologies (1982) Ltd100%
Sapiens Denmark A/S

Management

4 active registrations

Executive management

Executive management at Sapiens Denmark A/S
NameRoleAppointed
Sveta Hardak NissanDirector01/03/2025

Board of directors

Board of directors at Sapiens Denmark A/S
NameRoleAppointed
Paul Michael WheelerChair of the board09/02/2026
Einav WaizmanBoard member09/02/2026
Alon RapaportBoard member09/02/2026
Auditor
KPMG P/S
Founders
Gorrissen Federspiel Komplementar Advokatanpartsselskab
Former management (46)
Former management at Sapiens Denmark A/S
NameRoleAppointedResigned
Klaus SøgaardBoard member01/05/199709/03/1998
Klaus SøgaardDirector01/05/199709/03/1998
Jan-Erik Gunnar SvenssonBoard member01/05/199709/03/1998
Troels Elkiær AndersenBoard member01/05/199709/03/1998
Klaus VilstrupChair of the board09/03/199808/01/2007
Lars LorentzenBoard member09/03/199808/01/2007
Peter Anthon Bernstorff SchrøderBoard member09/03/199808/01/2007
Peter Anthon Bernstorff SchrøderDirector09/03/199810/02/2004
Hans Agerlin PetersenBoard member09/03/199830/06/2014
Klaus NielsenBoard member09/03/199810/06/1999
Hans Agerlin PetersenCEO10/02/200401/09/2006
Jesper HoulindBoard member06/03/200608/01/2007
Jesper HoulindDirector01/09/200603/09/2007
Torben Brandt MunchBoard member08/01/200730/06/2014
Lars DybkjærBoard member08/01/200719/12/2014
Morten Bruun SteinerCEO03/09/200716/06/2011
Finn Oskar OskarssonDirector03/09/200714/01/2009
Ole SkovChair of the board04/06/200930/06/2014
Agner Nørgaard MarkDeputy chair01/07/200930/06/2014
Liselotte PoulsenCEO16/06/201119/03/2015
Vagn Ove SørensenChair of the board30/06/201430/11/2020
Jannik Kruse PetersenBoard member30/06/201429/05/2017
Rikke Kjær NielsenBoard member30/06/201426/08/2019
Simon Philip Guy LeeBoard member30/06/201430/11/2020
Jonas Martin Göran PerssonBoard member30/06/201416/07/2019
Carl Johan Jonas EkesiööBoard member23/01/201504/04/2016
Morten Bruun SteinerDirector19/03/201531/08/2016
Jakob SchouCEO19/03/201518/05/2016
Jakob Holmen KraglundBoard member28/08/201501/08/2019
Christian Peter KromannCEO18/05/201601/08/2019
Filip Göran BredingerBoard member29/05/201730/11/2020
Sabine Laurence Bazabas ép. Vander LindenBoard member30/10/201730/11/2020
David Lyager SchøndorffDirector24/02/201923/04/2020
Anders Svanholm RosenbeckCEO01/08/201909/09/2021
Christian Peter KromannBoard member01/08/201921/11/2019
Victor Erik EnglessonBoard member26/08/201930/11/2020
Erik Gunnar BertmanBoard member21/11/201930/11/2020
Emil Staal BerganderDirector23/04/202008/06/2021
Anders Svanholm RosenbeckBoard member30/11/202009/09/2021
Roni GiladiBoard member30/11/202009/02/2026
Ron Al-DorChair of the board30/11/202009/02/2026
Robert KielerstajnBoard member09/09/202101/12/2022
Robert KielerstajnCEO09/09/202101/12/2022
Anders Skovlykke KnudsenCEO01/12/202231/08/2023
Patrick SlatteryBoard member01/12/202209/02/2026
Liana GelikasDirector01/09/202301/03/2025

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et medlem af bestyrelsen.

Address and production units

1 active production units

Århusgade 118
2150 Nordhavn

København Municipality · Postcode 2150

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Sapiens Denmark A/SÅrhusgade 118, 2150 Nordhavn201004535432

Purpose

Selskabets formål er at drive virksomhed inden for EDB-branchen med salg og udvikling af softwaresystemer, samt anden virksomhed i forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

119 registered events
20267 changesaccounts 1 · management 6
  • Annual report for 2025 published
  • Paul Michael Wheeler appointed chair of the board
  • Alon Rapaport appointed board member
  • Einav Waizman appointed board member
  • Patrick Slattery stepped down as board member
  • Ron Al-Dor stepped down as chair of the board
  • Roni Giladi stepped down as board member
20254 changesaddress 1 · accounts 1 · management 2
  • Moved to Århusgade 118, 2150 Nordhavn
  • Annual report for 2024 published
  • Sveta Hardak Nissan appointed director
  • Liana Gelikas stepped down as director
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesmanagement 2 · accounts 1
  • Liana Gelikas appointed director
  • Anders Skovlykke Knudsen stepped down as ceo
  • Annual report for 2022 published
202210 changesmanagement 4 · ownership 2 · merger 1 · address 1 · accounts 1 · name 1
  • Anders Skovlykke Knudsen appointed ceo
  • Patrick Slattery appointed board member
  • Robert Kielerstajn stepped down as ceo
  • Robert Kielerstajn stepped down as board member
  • Sapiens Technologies (1982) Ltd registered as owner (100%)
  • THOR DENMARK HOLDING ApS is no longer registered as owner
  • Merger registered in CVR
  • Moved to Lyngbyvej 2, 3, 2100 København Ø
  • Annual report for 2021 published
  • Name changed from TIA TECHNOLOGY A/S to Sapiens Denmark A/S
20216 changesmanagement 5 · accounts 1
  • Robert Kielerstajn appointed ceo
  • Robert Kielerstajn appointed board member
  • Anders Svanholm Rosenbeck stepped down as board member
  • Anders Svanholm Rosenbeck stepped down as ceo
  • Annual report for 2020 published
  • Emil Staal Bergander stepped down as director
202011 changesmanagement 11
  • Anders Svanholm Rosenbeck appointed board member
  • Ron Al-Dor appointed chair of the board
  • Roni Giladi appointed board member
  • Erik Gunnar Bertman stepped down as board member
  • Victor Erik Englesson stepped down as board member
  • Sabine Laurence Bazabas ép. Vander Linden stepped down as board member
  • Filip Göran Bredinger stepped down as board member
  • Simon Philip Guy Lee stepped down as board member
  • Vagn Ove Sørensen stepped down as chair of the board
  • Emil Staal Bergander appointed director
  • David Lyager Schøndorff stepped down as director
201911 changesmerger 1 · management 10
  • Merger registered in CVR
  • Erik Gunnar Bertman appointed board member
  • Christian Peter Kromann stepped down as board member
  • Victor Erik Englesson appointed board member
  • Rikke Kjær Nielsen stepped down as board member
  • Anders Svanholm Rosenbeck appointed ceo
  • Christian Peter Kromann appointed board member
  • Christian Peter Kromann stepped down as ceo
  • Jakob Holmen Kraglund stepped down as board member
  • Jonas Martin Göran Persson stepped down as board member
  • David Lyager Schøndorff appointed director
20174 changesmanagement 3 · capital 1
  • Sabine Laurence Bazabas ép. Vander Linden appointed board member
  • Filip Göran Bredinger appointed board member
  • Jannik Kruse Petersen stepped down as board member
  • Share capital changed from 1,000,000 DKK to 1,500,000 DKK
20165 changesmanagement 4 · capital 1
  • Morten Bruun Steiner stepped down as director
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • Christian Peter Kromann appointed ceo
  • Jakob Schou stepped down as ceo
  • Carl Johan Jonas Ekesiöö stepped down as board member
20155 changesmanagement 5
  • Jakob Holmen Kraglund appointed board member
  • Jakob Schou appointed ceo
  • Morten Bruun Steiner appointed director
  • Liselotte Poulsen stepped down as ceo
  • Carl Johan Jonas Ekesiöö appointed board member
201411 changesmanagement 10 · ownership 1
  • Lars Dybkjær stepped down as board member
  • THOR DENMARK HOLDING ApS registered as owner (100%)
  • Jonas Martin Göran Persson appointed board member
  • Simon Philip Guy Lee appointed board member
  • Rikke Kjær Nielsen appointed board member
  • Jannik Kruse Petersen appointed board member
  • Vagn Ove Sørensen appointed chair of the board
  • Agner Nørgaard Mark stepped down as deputy chair
  • Ole Skov stepped down as chair of the board
  • Torben Brandt Munch stepped down as board member
  • Hans Agerlin Petersen stepped down as board member
20112 changesmanagement 2
  • Liselotte Poulsen appointed ceo
  • Morten Bruun Steiner stepped down as ceo
20093 changesmanagement 3
  • Agner Nørgaard Mark appointed deputy chair
  • Ole Skov appointed chair of the board
  • Finn Oskar Oskarsson stepped down as director
20082 changesaddress 1 · industry 1
  • Moved to Bredevej 2, 2830 Virum
  • Industry changed to Computerprogrammering (620100)
200710 changesmanagement 9 · address 1
  • Finn Oskar Oskarsson appointed director
  • Morten Bruun Steiner appointed ceo
  • Jesper Houlind stepped down as director
  • Torben Brandt Munch appointed board member
  • Lars Dybkjær appointed board member
  • Jesper Houlind stepped down as board member
  • Lars Lorentzen stepped down as board member
  • Peter Anthon Bernstorff Schrøder stepped down as board member
  • Klaus Vilstrup stepped down as chair of the board
  • Moved to Teknikerbyen 5, Søllerød, 2830 Virum
20063 changesmanagement 3
  • Jesper Houlind appointed director
  • Hans Agerlin Petersen stepped down as ceo
  • Jesper Houlind appointed board member
20042 changesmanagement 2
  • Hans Agerlin Petersen appointed ceo
  • Peter Anthon Bernstorff Schrøder stepped down as director
20031 changeindustry 1
  • Industry changed to Udvikling af standardsoftware (722100)
20011 changeaddress 1
  • Moved to Teknikerbyen 5, Søllerød, 2830 Virum
19991 changemanagement 1
  • Klaus Nielsen stepped down as board member
199811 changesname 1 · management 10
  • Name changed from GFKJURA 819 A/S to TIA TECHNOLOGY A/S
  • Lars Lorentzen appointed board member
  • Klaus Nielsen appointed board member
  • Hans Agerlin Petersen appointed board member
  • Peter Anthon Bernstorff Schrøder appointed director
  • Peter Anthon Bernstorff Schrøder appointed board member
  • Klaus Vilstrup appointed chair of the board
  • Klaus Søgaard stepped down as director
  • Troels Elkiær Andersen stepped down as board member
  • Jan-Erik Gunnar Svensson stepped down as board member
  • Klaus Søgaard stepped down as board member
19975 changesfounded 1 · management 4
  • Registered as GFKJURA 819 A/S
  • Klaus Søgaard appointed director
  • Troels Elkiær Andersen appointed board member
  • Jan-Erik Gunnar Svensson appointed board member
  • Klaus Søgaard appointed board member

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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