Sia Connect ApS

Private limited companyCVR 38119206RyActive

Sia Connect ApS is a private limited company, based in Ry, active in computer programming activities, founded in 2016. After a loss in 2024, the company made a profit of DKK 17,713 in 2025. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 1m+58.6% vs. 2024

Net profitDKK 17,713+109.8% vs. 2024

EquityDKK 164k+12.1% vs. 2024

Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 59% (2024 → 2025), to DKK 1m.
Net profit went from a loss of DKK 181k to a profit of DKK 17,713 (2024 → 2025).
Equity rose 12% (2024 → 2025), to DKK 164k.

Management and owners, last 24 months

New in management: Chresten Plinius (chair of the board, 13/01/2025), Simon Algrensen Christensen (board member, 21/05/2025) and Søren Wulf Eskildsen (board member, 13/01/2025).
Stepped down: Søren Wulf Eskildsen (chair of the board, 12/01/2025), Chresten Plinius (board member, 12/01/2025) and Søren Wulf Eskildsen (board member, 21/05/2025).
New owners registered: Trifork Labs ApS (31/12/2024), MSEM Holding ApS (31/01/2026) and Trifork A/S (06/12/2024) (+3).
No longer registered as owner: Trifork A/S (05/12/2024), MSEM Holding ApS (05/12/2024) and Trifork A/S (30/12/2024) (+3).

Registrations, last 24 months

21/05/2025: Name changed from Trifork Smart Device ApS to Sia Connect ApS
13/01/2025: Share capital changed from 158,335 DKK to 115,715 DKK

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

EquityNet profit

Financial figures for Sia Connect ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	1,948	−157	1,910	1,554	655	1,038	+58.6%
Operating profit (EBIT)	–	−1,949	424	−430	−238	59	+124.8%
Profit before tax	599	−1,965	418	−428	−232	23	+109.8%
Net profit	476	−1,533	315	−335	−181	18	+109.8%
Total assets	3,888	1,452	2,034	1,471	539	719	+33.5%
Equity	2,631	1,099	1,413	1,079	146	164	+12.1%
Liabilities	1,257	354	621	393	393	556	+41.5%
Cash and cash equivalents	3,596	923	1,200	803	150	259	+73%
Average number of employees	2	4	3	4	2	2	0%

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

Compare with the industry (1,661 companies)

Gross profitMedian, the industry (1,661 companies)

Annual reports

6 financial years

Annual reports for Sia Connect ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	10/03/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	03/06/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	03/04/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	26/06/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	13/04/2022	The company	PDF XBRL
2020	01/10/2019 – 31/12/2020	15/03/2021	The company	PDF XBRL

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

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 1mNo. 1131 of 1,656

Better than 32% of the companies in the industry

EquityDKK 164kNo. 1187 of 1,661

Better than 29% of the companies in the industry

Number of employees3No. 1027 of 1,661

Better than 38% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 employees.

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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 44,093of 69,742 Better than 37%	No. 51,989of 69,964 Better than 26%
Same industry and fewer than 20 employees1,365 companies in the comparison	No. 854of 1,363 Better than 37%	No. 930of 1,365 Better than 32%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 23,000of 33,588 Better than 32%	No. 24,757of 33,687 Better than 27%
All companies of type ApS66,508 companies in the comparison	No. 42,461of 66,379 Better than 36%	No. 48,091of 66,505 Better than 28%

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

Sia Connect ApSDKK 1m
Stibo Systems A/SDKK 916.6m
Trackunit ApSDKK 897.1m

Net profit

Sia Connect ApSDKK 17,713
Stibo Systems A/SDKK 155.9m
Trackunit ApSDKK 206.3m

Equity

Sia Connect ApSDKK 164k
Stibo Systems A/SDKK 309.7m
Trackunit ApSDKK 1.7bn

Employees

Sia Connect ApS3
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 Register

Owners

Trifork Labs ApS33.33%
MSEM Holding ApS50%

Sia Connect ApS

Management

4 active registrations

Executive management

Executive management at Sia Connect ApS
Name	Role	Appointed
Mads Havgaard Mikkelsen	CEO	30/04/2024

Board of directors

Board of directors at Sia Connect ApS
Name	Role	Appointed
Mads Havgaard Mikkelsen	Board member	21/03/2024
Chresten Plinius	Chair of the board	13/01/2025
Simon Algrensen Christensen	Board member	21/05/2025

Auditor: Revision Ry & Hammel Godkendt Revisionsaktieselskab
Founders: Mads Havgaard Mikkelsen

Former management (7)

Former management at Sia Connect ApS
Name	Role	Appointed	Resigned
Mads Havgaard Mikkelsen	CEO	15/10/2016	21/03/2024
Søren Wulf Eskildsen	Chair of the board	03/03/2020	12/01/2025
Niels Kjær-Richardt	Board member	03/03/2020	07/07/2020
Chresten Plinius	Board member	03/03/2020	12/01/2025
Kartheeban Nagenthiraja	Board member	29/03/2022	21/03/2024
Kartheeban Nagenthiraja	CEO	21/03/2024	30/04/2024
Søren Wulf Eskildsen	Board member	13/01/2025	21/05/2025

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af direktøren sammen med bestyrelsesformanden.

Address and production units

1 active production units

Rugaardsvej 5
8680 Ry

Skanderborg Municipality · Postcode 8680

Other companies at the address (8)

Wise Home A/SManagement of real estate on a contract basis
GolfNext ApSWholesale of other machinery and equipment
Caretaker ApSComputer consultancy and computer facilities management
Kuben Ry ApSRenting of commercial property
Second Capital A/SOther financial service activities n.e.c.

Production units
Production unit	Address	Industry	Employees	P number
Sia Connect ApS	Rugaardsvej 5, 8680 Ry	Computer programming activities	3	1021852291

Purpose

Selskabets formål er at udvikle, drive, markedsføre, hoste og sælge IoT produkter og løsninger samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events

42016

12017

12018

12019

112020

12021

22022

12023

172024

92025

42026

20264 changesaccounts 1 · ownership 3

10/03AccountsAnnual report for 2025 published
31/01OwnershipMSEM Holding ApS registered as owner (50%)
31/01OwnershipNimi Holding ApS is no longer registered as owner
30/01OwnershipMSEM Holding ApS is no longer registered as owner

20259 changesaccounts 1 · name 1 · management 6 · capital 1

03/06AccountsAnnual report for 2024 published
21/05NameName changed from Trifork Smart Device ApS to Sia Connect ApS
21/05ManagementSimon Algrensen Christensen appointed board member
21/05ManagementSøren Wulf Eskildsen stepped down as board member
13/01CapitalShare capital changed from 158,335 DKK to 115,715 DKK
13/01ManagementSøren Wulf Eskildsen appointed board member
13/01ManagementChresten Plinius appointed chair of the board
12/01ManagementSøren Wulf Eskildsen stepped down as chair of the board
12/01ManagementChresten Plinius stepped down as board member

202417 changesownership 9 · address 1 · management 6 · accounts 1

31/12OwnershipTRIFORK A/S registered as owner (33.33%)
31/12OwnershipTRIFORK A/S is no longer registered as owner
31/12OwnershipTrifork Labs ApS registered as owner (33.33%)
31/12OwnershipNimi Holding ApS registered as owner (5%)
30/12OwnershipTRIFORK A/S is no longer registered as owner
06/12OwnershipMSEM Holding ApS registered as owner (33.33%)
06/12OwnershipTRIFORK A/S registered as owner (50%)
05/12OwnershipMSEM Holding ApS is no longer registered as owner
05/12OwnershipTRIFORK A/S is no longer registered as owner
10/09AddressMoved to Rugaardsvej 5, 8680 Ry
30/04ManagementMads Havgaard Mikkelsen appointed ceo
30/04ManagementKartheeban Nagenthiraja stepped down as ceo
03/04AccountsAnnual report for 2023 published
21/03ManagementKartheeban Nagenthiraja appointed ceo
21/03ManagementMads Havgaard Mikkelsen appointed board member
21/03ManagementKartheeban Nagenthiraja stepped down as board member
21/03ManagementMads Havgaard Mikkelsen stepped down as ceo

20231 changeaccounts 1

26/06AccountsAnnual report for 2022 published

20222 changesaccounts 1 · management 1

13/04AccountsAnnual report for 2021 published
29/03ManagementKartheeban Nagenthiraja appointed board member

20211 changeaccounts 1

15/03AccountsAnnual report for 2020 published

202011 changesmanagement 4 · address 1 · capital 1 · name 1 · ownership 4

07/07ManagementNiels Kjær-Richardt stepped down as board member
10/03AddressMoved to Dyssen 1, Lisbjerg, 8200 Aarhus N
03/03CapitalShare capital changed from 50,000 DKK to 158,335 DKK
03/03ManagementSøren Wulf Eskildsen appointed chair of the board
03/03ManagementChresten Plinius appointed board member
03/03ManagementNiels Kjær-Richardt appointed board member
02/03NameName changed from MM Technology ApS to Trifork Smart Device ApS
02/03OwnershipMSEM Holding ApS registered as owner (25%)
02/03OwnershipMads Havgaard Mikkelsen is no longer registered as owner
03/02OwnershipTRIFORK A/S registered as owner (66.67%)
03/02OwnershipNOAC Holding ApS is no longer registered as owner

20191 changeownership 1

16/08OwnershipNOAC Holding ApS registered as owner (5%)

20181 changeaddress 1

11/01AddressMoved to Gunnar Clausens Vej 68, 8260 Viby J

20171 changeaddress 1

30/01AddressMoved to Ferrarivej 12, 7100 Vejle

20164 changesaddress 1 · founded 1 · management 1 · ownership 1

04/12AddressMoved to Boesvangen 22, 7120 Vejle Øst
15/10FoundedRegistered as MM Technology ApS
15/10ManagementMads Havgaard Mikkelsen appointed ceo
15/10OwnershipMads Havgaard Mikkelsen registered as owner (25%)

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVR Report a correction