Shine Solutions ApS
Private limited companyCVR 33239106København KActive
Shine Solutions ApS is a private limited company, based in København K, active in computer programming activities, founded in 2010. Net profit fell 84% from 2024 to 2025, ending at DKK 1.1m. With 60 employees, the company is about 15 times larger than the industry median. Gross profit is higher than that of 92% of the companies in the industry in the database.
Key figures · financial year 2025
Gross profitDKK 36m+9.5% vs. 2024
Net profitDKK 1.1m−84.1% vs. 2024
EquityDKK 25.8m+4.6% vs. 2024
Employees60latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 10% (2024 → 2025), to DKK 36m.
- Net profit fell 84% (2024 → 2025), to DKK 1.1m.
- Equity rose 5% (2024 → 2025), to DKK 25.8m.
Employees
- 19 more employees than a year earlier: 60 (08/2026) against 41 (08/2025).
Registrations, last 24 months
- 18/08/2026: Name changed from Shine Solution ApS to Shine Solutions ApS
- 12/08/2026: Name changed from Shine Denmark ApS to Shine Solution ApS
- 26/06/2026: Merger registered in CVR
- 26/06/2026: Share capital changed from 200,000 DKK to 262,000 DKK
- 07/10/2025: Name changed from Ageras DK ApS to Shine Denmark 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 | 30,957 | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 18,303 | 20,378 | 19,679 | 29,642 | 32,866 | 36,004 | +9.5% |
| Operating profit (EBIT) | 4,932 | 2,348 | 473 | 2,263 | 9,219 | 1,570 | −83% |
| Profit before tax | 4,775 | 2,288 | 322 | 2,037 | 9,124 | 1,512 | −83.4% |
| Net profit | 3,021 | 1,702 | 463 | 1,585 | 7,099 | 1,129 | −84.1% |
| Total assets | 16,417 | 21,425 | 28,212 | 49,714 | 66,353 | 72,265 | +8.9% |
| Equity | 174 | 1,876 | 10,839 | 17,577 | 24,676 | 25,805 | +4.6% |
| Liabilities | 14,798 | 17,963 | 15,712 | 30,025 | 37,539 | 41,940 | +11.7% |
| Cash and cash equivalents | 2,137 | 752 | 841 | 1,409 | 2,412 | 5,649 | +134.2% |
| Average number of employees | 10 | 14 | 31 | 36 | 29 | 38 | +31% |
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 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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 26/05/2026 | 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 | 05/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 07/06/2021 | 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 36mNo. 134 of 1,656
Better than 92% of the companies in the industry
EquityDKK 25.8mNo. 140 of 1,661
Better than 92% of the companies in the industry
Number of employees60No. 140 of 1,661
Better than 92% 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 50–199 employees4,467 companies in the comparison | No. 2,465of 4,412 Better than 44% | No. 1,915of 4,466 Better than 57% |
| Same industry and 50–199 employees99 companies in the comparison | No. 80of 99 Better than 19% | No. 57of 99 Better than 43% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 1,991of 24,791 Better than 92% | No. 3,762of 24,909 Better than 85% |
| All companies of type ApS66,508 companies in the comparison | No. 1,125of 66,379 Better than 98% | No. 3,525of 66,505 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
Computer programming activitiesGross profit
- Shine Solutions ApSDKK 36m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
Net profit
- Shine Solutions ApSDKK 1.1m
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
Equity
- Shine Solutions ApSDKK 25.8m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
Employees
- Shine Solutions ApS60
- 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 Solutions 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 | 30/08/2019 |
| Rico Adlor-Andersen | Chair of the board | 30/08/2019 |
- Founders
- Token Group Holding ApS, Tech Vikings ApS
Former management (20)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Werner Helmuth Storm Valeur | CEO | 01/10/2010 | 15/11/2011 |
| Patrick Michael Isaak | Board member | 01/10/2010 | 10/10/2013 |
| Denis Lewinsky | Board member | 01/10/2010 | 08/10/2013 |
| Sebastian Peter Seilund | Board member | 01/10/2010 | 07/01/2014 |
| Denis Lewinsky | CEO | 15/11/2011 | 08/10/2013 |
| Werner Helmuth Storm Valeur | Chair of the board | 21/11/2011 | 07/01/2014 |
| Morten Fogde Christensen | CEO | 01/10/2013 | 23/02/2015 |
| Tobias Schelle | Board member | 07/01/2014 | 21/11/2018 |
| Mads Klose Jespersen | Board member | 07/01/2014 | 07/07/2016 |
| Morten Fogde Christensen | Chair of the board | 07/01/2014 | 15/05/2015 |
| Jonas Holch Midtgaard | CEO | 23/02/2015 | 26/08/2020 |
| Werner Helmuth Storm Valeur | Chair of the board | 15/05/2015 | 30/08/2019 |
| Sebastian Peter Seilund | Board member | 19/12/2015 | 19/08/2016 |
| Keld Widinberg Jensen | Board member | 08/07/2016 | 19/07/2017 |
| Jonas Holch Midtgaard | Board member | 19/08/2016 | 30/08/2019 |
| Philip Stendell Dahlstrøm | Board member | 30/08/2019 | 28/04/2023 |
| Claus Kjær Jørgensen | Board member | 30/08/2019 | 28/04/2023 |
| Anders Aagaard Tomsen | CEO | 26/08/2020 | 01/03/2021 |
| Rico Adlor-Andersen | CEO | 01/03/2021 | 13/10/2021 |
| Alessandro Justesen Leoni | CEO | 13/10/2021 | 10/05/2023 |
Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med en direktør 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 A/SOther software publishing
- Shine Salary ApSComputer programming activities
- Ageras Finance Holding ApSOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Shine Solutions ApS | Fiolstræde 17B, 1171 København K | 60 | 1016352353 |
Purpose
Selskabets formål er udvikling og salg af bogføringsplatform/software samt dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
89 registered events82015
82016
72017
92018
92019
32020
52021
12022
82023
22024
22025
52026
20265 changesname 2 · capital 1 · merger 1 · accounts 1
- NameName changed from Shine Solution ApS to Shine Solutions ApS
- NameName changed from Shine Denmark ApS to Shine Solution ApS
- CapitalShare capital changed from 200,000 DKK to 262,000 DKK
- MergerMerger registered in CVR
- AccountsAnnual report for 2025 published
20252 changesname 1 · accounts 1
- NameName changed from Ageras DK ApS to Shine Denmark ApS
- AccountsAnnual report for 2024 published
20242 changesaccounts 1 · address 1
- AccountsAnnual report for 2023 published
- AddressMoved to Fiolstræde 17B, 1171 København K
20238 changescapital 1 · merger 1 · name 1 · accounts 1 · management 4
- CapitalShare capital changed from 183,769 DKK to 200,000 DKK
- MergerMerger registered in CVR
- NameName changed from BILLY ApS to Ageras DK ApS
- AccountsAnnual report for 2022 published
- ManagementRico Adlor-Andersen appointed ceo
- ManagementAlessandro Justesen Leoni stepped down as ceo
- ManagementPhilip Stendell Dahlstrøm stepped down as board member
- ManagementClaus Kjær Jørgensen stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20215 changesmanagement 4 · accounts 1
- ManagementAlessandro Justesen Leoni appointed ceo
- ManagementRico Adlor-Andersen stepped down as ceo
- AccountsAnnual report for 2020 published
- ManagementRico Adlor-Andersen appointed ceo
- ManagementAnders Aagaard Tomsen stepped down as ceo
20203 changesmanagement 2 · address 1
- ManagementAnders Aagaard Tomsen appointed ceo
- ManagementJonas Holch Midtgaard stepped down as ceo
- AddressMoved to Vesterbrogade 1C, 6, 1620 København V
20199 changesaddress 1 · management 6 · ownership 2
- AddressMoved to Vesterbrogade 1E, 6. tv, 1620 København V
- ManagementPhilip Stendell Dahlstrøm appointed board member
- ManagementRico Adlor-Andersen appointed chair of the board
- ManagementMartin Hegelund Møller appointed board member
- ManagementClaus Kjær Jørgensen appointed board member
- ManagementJonas Holch Midtgaard stepped down as board member
- ManagementWerner Helmuth Storm Valeur stepped down as chair of the board
- OwnershipShine A/S registered as owner (100%)
- OwnershipBishop Holding ApS is no longer registered as owner
20189 changesmanagement 1 · ownership 8
- ManagementTobias Schelle stepped down as board member
- OwnershipBishop Holding ApS registered as owner (90%)
- OwnershipT-800 ApS registered as owner (33.33%)
- OwnershipT-800 ApS is no longer registered as owner
- OwnershipMad House HQ ApS is no longer registered as owner
- OwnershipTECH VIKINGS ApS is no longer registered as owner
- OwnershipMad House HQ ApS registered as owner (33.33%)
- OwnershipCasu Holding ApS is no longer registered as owner
- OwnershipMad House HQ ApS is no longer registered as owner
20177 changescapital 1 · ownership 5 · management 1
- CapitalShare capital changed from 105,099 DKK to 183,769 DKK
- OwnershipCasu Holding ApS registered as owner (5%)
- OwnershipTECH VIKINGS ApS registered as owner (33.33%)
- OwnershipMad House HQ ApS registered as owner (50%)
- OwnershipMad House HQ ApS is no longer registered as owner
- OwnershipTECH VIKINGS ApS is no longer registered as owner
- ManagementKeld Widinberg Jensen stepped down as board member
20168 changesmanagement 4 · ownership 3 · capital 1
- ManagementJonas Holch Midtgaard appointed board member
- ManagementSebastian Peter Seilund stepped down as board member
- OwnershipMad House HQ ApS registered as owner (20%)
- OwnershipTECH VIKINGS ApS registered as owner (66.67%)
- OwnershipTECH VIKINGS ApS is no longer registered as owner
- ManagementKeld Widinberg Jensen appointed board member
- ManagementMads Klose Jespersen stepped down as board member
- CapitalShare capital changed from 80,400 DKK to 105,099 DKK
20158 changesmanagement 5 · address 1 · capital 1 · name 1
- ManagementSebastian Peter Seilund appointed board member
- AddressMoved to Bredgade 33C, 1260 København K
- CapitalShare capital changed from 80,000 DKK to 80,400 DKK
- ManagementWerner Helmuth Storm Valeur appointed chair of the board
- ManagementMorten Fogde Christensen stepped down as chair of the board
- ManagementJonas Holch Midtgaard appointed ceo
- ManagementMorten Fogde Christensen stepped down as ceo
- NameName changed from BILLYS BILLING ApS to BILLY ApS
20147 changesaddress 1 · ownership 1 · management 5
- AddressMoved to Gothersgade 21, 2, 1123 København K
- OwnershipTECH VIKINGS ApS registered as owner (100%)
- ManagementMorten Fogde Christensen appointed chair of the board
- ManagementMads Klose Jespersen appointed board member
- ManagementTobias Schelle appointed board member
- ManagementWerner Helmuth Storm Valeur stepped down as chair of the board
- ManagementSebastian Peter Seilund stepped down as board member
20134 changesmanagement 4
- ManagementPatrick Michael Isaak stepped down as board member
- ManagementDenis Lewinsky stepped down as ceo
- ManagementDenis Lewinsky stepped down as board member
- ManagementMorten Fogde Christensen appointed ceo
20121 changeaddress 1
- AddressMoved to Hyskenstræde 10, 3, 1207 København K
20115 changesmanagement 3 · address 1 · industry 1
- ManagementWerner Helmuth Storm Valeur appointed chair of the board
- ManagementDenis Lewinsky appointed ceo
- ManagementWerner Helmuth Storm Valeur stepped down as ceo
- AddressMoved to Bredgade 71, st, 1260 København K
- IndustryIndustry changed to Computerprogrammering (620100)
20105 changesfounded 1 · management 4
- FoundedRegistered as BILLYS BILLING ApS
- ManagementPatrick Michael Isaak appointed board member
- ManagementSebastian Peter Seilund appointed board member
- ManagementDenis Lewinsky appointed board member
- ManagementWerner Helmuth Storm Valeur appointed ceo
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
- Shine A/Svia Martin Hegelund Møller
- Julie Sandlau A/Svia Claus Kjær Jørgensen
- Delogue.com ApSvia Jonas Holch Midtgaard
- Dansk Tandforsikring Administration ApSvia Denis Lewinsky
- 24slides ApSvia Tobias Schelle
- Meneto Software ApSvia Alessandro Justesen Leoni
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.