Shine Salary ApS
Private limited companyCVR 37628409København KActive
Shine Salary ApS is a private limited company, based in København K, active in computer programming activities, founded in 2016. The company made a loss in both 2024 and 2025, most recently DKK 579k. 3 other companies in the database are registered at the same address.
Key figures · financial year 2025
Gross profitDKK 6.8m+49.4% vs. 2024
Net profit−DKK 579k+38.6% vs. 2024
EquityDKK 5.8m−9% vs. 2024
Employees10latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 49% (2024 → 2025), to DKK 6.8m.
- The loss got smaller: from DKK 943k to DKK 579k (2024 → 2025).
- Equity fell 9% (2024 → 2025), to DKK 5.8m.
Employees
- 3 fewer employees than a year earlier: 10 (07/2026) against 13 (07/2025).
Registrations, last 24 months
- 07/10/2025: Name changed from Ageras Salary ApS to Shine Salary ApS
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −1,165 | −104 | 235 | 1,126 | 4,581 | 6,841 | +49.4% |
| Operating profit (EBIT) | −2,440 | −3,588 | −4,793 | −2,526 | −927 | −570 | +38.5% |
| Profit before tax | −2,597 | −3,762 | −4,828 | −2,548 | −943 | −579 | +38.6% |
| Net profit | −2,210 | −3,762 | −4,828 | −2,548 | −943 | −579 | +38.6% |
| Total assets | 6,962 | 5,379 | 5,971 | 8,164 | 8,077 | 9,594 | +18.8% |
| Equity | 3,983 | 4,221 | 4,893 | 7,345 | 6,402 | 5,823 | −9% |
| Liabilities | 2,979 | 1,158 | 1,079 | 820 | 1,676 | 3,771 | +125% |
| Cash and cash equivalents | 3,785 | 1,674 | 335 | 1,105 | 589 | 1,907 | +223.7% |
| Average number of employees | 6 | 9 | 11 | 6 | 8 | 12 | +50% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 06/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 01/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 01/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 07/05/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
1,661 companies in the databaseComparison with the other companies in computer programming activities based on the latest financial year.
Gross profitDKK 6.8mNo. 506 of 1,656
Better than 69% of the companies in the industry
EquityDKK 5.8mNo. 382 of 1,661
Better than 77% of the companies in the industry
Number of employees10No. 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.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 8,885of 69,742 Better than 87% | No. 12,824of 69,964 Better than 82% |
| Same industry and fewer than 20 employees1,365 companies in the comparison | No. 243of 1,363 Better than 82% | No. 179of 1,365 Better than 87% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 6,455of 33,588 Better than 81% | No. 5,460of 33,687 Better than 84% |
| All companies of type ApS66,508 companies in the comparison | No. 9,740of 66,379 Better than 85% | No. 10,088of 66,505 Better than 85% |
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 activitiesGross profit
- Shine Salary ApSDKK 6.8m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
Net profit
- Shine Salary ApS−DKK 579k
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
Equity
- Shine Salary ApSDKK 5.8m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
Employees
- Shine Salary ApS10
- Stibo Systems A/S201
- 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 RegisterOwners
Shine Salary ApS
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Rico Adlor-Andersen | CEO | 10/05/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Martin Hegelund Møller | Board member | 22/07/2021 |
| Rico Adlor-Andersen | Chair of the board | 22/07/2021 |
- Founders
- K. Borup Holding ApS
Former management (16)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kasper Møller Borup | Director | 21/04/2016 | 20/12/2016 |
| Kean Kasper Pedersen | Director | 17/08/2016 | 28/02/2017 |
| Werner Helmuth Storm Valeur | Chair of the board | 28/02/2017 | 27/11/2019 |
| Tor Rafn Hvas | Board member | 28/02/2017 | 13/06/2018 |
| Kean Kasper Pedersen | Board member | 28/02/2017 | 22/07/2021 |
| Thomas Qvist | Board member | 28/02/2017 | 22/07/2021 |
| Martin Vesth | CEO | 28/02/2017 | 23/08/2017 |
| Jonas Holch Midtgaard | CEO | 16/08/2017 | 10/01/2019 |
| Jonas Holch Midtgaard | Board member | 13/06/2018 | 21/08/2019 |
| Thomas Qvist | CEO | 10/01/2019 | 01/12/2019 |
| Bent Bang-Jensen | Chair of the board | 28/11/2019 | 05/07/2021 |
| Werner Helmuth Storm Valeur | Board member | 28/11/2019 | 22/07/2021 |
| Thomas Qvist | Director | 02/12/2019 | 22/07/2021 |
| Brian Brorsbøl | CEO | 02/12/2019 | 10/05/2023 |
| Philip Stendell Dahlstrøm | Board member | 22/07/2021 | 28/04/2023 |
| Claus Kjær Jørgensen | Board member | 22/07/2021 | 28/04/2023 |
Signing rule: Selskabet tegnes af den administrerende direktør og et bestyrelsesmedlem i forening, eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsFiolstræde 17B
1171 København K
København Municipality · Postcode 1171
Other companies at the address (3)
- Shine Solutions ApSComputer programming activities
- Shine A/SOther software publishing
- Ageras Finance Holding ApSOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Shine Salary ApS | Fiolstræde 17B, 1171 København K | 11 | 1021354364 |
Purpose
Selskabets formål er at drive virksomhed med udvikling af og handel med software, herunder software as a service, og anden dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
93 registered events192016
222017
32018
172019
12020
192021
12022
62023
22024
22025
12026
20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesname 1 · accounts 1
- NameName changed from Ageras Salary ApS to Shine Salary ApS
- AccountsAnnual report for 2024 published
20242 changesaccounts 1 · address 1
- AccountsAnnual report for 2023 published
- AddressMoved to Fiolstræde 17B, 1171 København K
20236 changesname 1 · accounts 1 · management 4
- NameName changed from Salary.dk ApS to Ageras Salary ApS
- AccountsAnnual report for 2022 published
- ManagementRico Adlor-Andersen appointed ceo
- ManagementBrian Brorsbøl stepped down as ceo
- ManagementClaus Kjær Jørgensen stepped down as board member
- ManagementPhilip Stendell Dahlstrøm stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
202119 changescapital 1 · address 1 · management 9 · ownership 7 · accounts 1
- CapitalShare capital changed from 136,326 DKK to 146,326 DKK
- AddressMoved to Vesterbrogade 1E, 6, 1620 København V
- ManagementRico Adlor-Andersen appointed chair of the board
- ManagementMartin Hegelund Møller appointed board member
- ManagementClaus Kjær Jørgensen appointed board member
- ManagementPhilip Stendell Dahlstrøm appointed board member
- ManagementThomas Qvist stepped down as director
- ManagementWerner Helmuth Storm Valeur stepped down as board member
- ManagementThomas Qvist stepped down as board member
- ManagementKean Kasper Pedersen stepped down as board member
- OwnershipShine A/S registered as owner (100%)
- OwnershipFirmaet af den 27. maj 2025 ApS is no longer registered as owner
- OwnershipJosp Capital ApS is no longer registered as owner
- OwnershipMex ApS is no longer registered as owner
- OwnershipK. Borup Holding ApS is no longer registered as owner
- OwnershipDragon's Hoard ApS is no longer registered as owner
- OwnershipQvisten Holding ApS is no longer registered as owner
- ManagementBent Bang-Jensen stepped down as chair of the board
- AccountsAnnual report for 2020 published
20201 changeaddress 1
- AddressMoved to Dampfærgevej 3, 1, 2100 København Ø
201917 changesmanagement 9 · capital 2 · ownership 5 · address 1
- ManagementThomas Qvist appointed director
- ManagementBrian Brorsbøl appointed ceo
- ManagementThomas Qvist stepped down as ceo
- CapitalShare capital changed from 102,500 DKK to 136,326 DKK
- ManagementWerner Helmuth Storm Valeur appointed board member
- ManagementBent Bang-Jensen appointed chair of the board
- OwnershipFirmaet af den 27. maj 2025 ApS registered as owner (33.33%)
- OwnershipJosp Capital ApS registered as owner (15%)
- OwnershipMex ApS registered as owner (5%)
- ManagementWerner Helmuth Storm Valeur stepped down as chair of the board
- OwnershipFirmaet af den 27. maj 2025 ApS is no longer registered as owner
- OwnershipMex ApS is no longer registered as owner
- CapitalShare capital changed from 100,000 DKK to 102,500 DKK
- ManagementJonas Holch Midtgaard stepped down as board member
- AddressMoved to Dampfærgevej 8, 2, 2100 København Ø
- ManagementThomas Qvist appointed ceo
- ManagementJonas Holch Midtgaard stepped down as ceo
20183 changesmanagement 2 · address 1
- ManagementJonas Holch Midtgaard appointed board member
- ManagementTor Rafn Hvas stepped down as board member
- AddressMoved to Bredgade 33C, 4, 1260 København K
201722 changesownership 12 · management 8 · name 1 · capital 1
- OwnershipHoldt Holsteen Holding IVS is no longer registered as owner
- ManagementMartin Vesth stepped down as ceo
- ManagementJonas Holch Midtgaard appointed ceo
- NameName changed from Sally ApS to Salary.dk ApS
- CapitalShare capital changed from 50,000 DKK to 100,000 DKK
- ManagementThomas Qvist appointed board member
- ManagementKean Kasper Pedersen appointed board member
- ManagementTor Rafn Hvas appointed board member
- ManagementMartin Vesth appointed ceo
- ManagementWerner Helmuth Storm Valeur appointed chair of the board
- ManagementKean Kasper Pedersen stepped down as director
- OwnershipK. Borup Holding ApS registered as owner (10%)
- OwnershipFirmaet af den 27. maj 2025 ApS registered as owner (50%)
- OwnershipDragon's Hoard ApS registered as owner (10%)
- OwnershipMex ApS registered as owner (10%)
- OwnershipQvisten Holding ApS registered as owner (10%)
- OwnershipHoldt Holsteen Holding IVS registered as owner (5%)
- OwnershipDragon's Hoard ApS is no longer registered as owner
- OwnershipK. Borup Holding ApS is no longer registered as owner
- OwnershipMex ApS is no longer registered as owner
- OwnershipQvisten Holding ApS is no longer registered as owner
- OwnershipHoldt Holsteen Holding IVS is no longer registered as owner
201619 changesname 1 · capital 2 · management 3 · ownership 11 · address 1 · founded 1
- NameName changed from Sally IVS to Sally ApS
- CapitalShare capital changed from 20,000 DKK to 50,000 DKK
- ManagementKasper Møller Borup stepped down as director
- OwnershipDragon's Hoard ApS registered as owner (25%)
- OwnershipK. Borup Holding ApS registered as owner (25%)
- OwnershipMex ApS registered as owner (20%)
- OwnershipQvisten Holding ApS registered as owner (20%)
- OwnershipHoldt Holsteen Holding IVS registered as owner (10%)
- OwnershipDragon's Hoard ApS is no longer registered as owner
- OwnershipK. Borup Holding ApS is no longer registered as owner
- AddressMoved to Nitivej 12, 4. mf, 2000 Frederiksberg
- CapitalShare capital changed from 1 DKK to 20,000 DKK
- ManagementKean Kasper Pedersen appointed director
- OwnershipDragon's Hoard ApS registered as owner (50%)
- OwnershipK. Borup Holding ApS registered as owner (50%)
- OwnershipK. Borup Holding ApS is no longer registered as owner
- FoundedRegistered as Sally IVS
- ManagementKasper Møller Borup appointed director
- OwnershipK. Borup Holding ApS registered as owner (100%)
Related companies
Same industry in København
- twoday Danmark A/S677 employees
- Dalux ApS549 employees
- Capgemini Danmark A/S334 employees
- Veo Technologies ApS319 employees
- Cbrain A/S204 employees
- Keylane A/S176 employees
Same people in management
- Alenta A/Svia Bent Bang-Jensen
- Apoteka ApSvia Brian Brorsbøl
- Shine Solutions ApSvia Claus Kjær Jørgensen
- Shine A/Svia Martin Hegelund Møller
- Avnet Nortec ApSvia Bent Bang-Jensen
- Julie Sandlau A/Svia Claus Kjær Jørgensen
Largest in the industry
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- twoday Danmark A/SDKK 672.1m
- SAS Institute A/SDKK 544.2m
- Dalux ApSDKK 505m
- Fellowmind Denmark A/SDKK 480m
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.