Siite ApS
Private limited companyCVR 42990752AalborgActive
Siite ApS is a private limited company, based in Aalborg, active in computer programming activities, founded in 2022. Net profit fell 29% from 2024 to 2025, ending at DKK 458k. With 30 employees, the company is about 8 times larger than the industry median. Equity grew to DKK 1.4m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 42% (2024 → 2025), to DKK 5.9m.
- Net profit fell 29% (2024 → 2025), to DKK 458k.
- Equity rose 48% (2024 → 2025), to DKK 1.4m.
Employees
- 13 more employees than a year earlier: 30 (07/2026) against 17 (07/2025).
Management and owners, last 24 months
- New in management: Mike Hornshøj Vestergaard (ceo, 27/10/2025).
- Stepped down: Rasmus Hyldgaard Andersen (ceo, 27/10/2025).
- New owners registered: Scale Incubator ApS (16/09/2026), Scale Incubator ApS (27/10/2025) and Mikkel Kragelund Holding ApS (27/10/2025).
- No longer registered as owner: Scale Incubator ApS (26/10/2025), Rasmus Hyldgaard Holding ApS (27/10/2025) and Mikkel Kragelund Holding ApS (26/10/2025) (+2).
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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,029 | 3,239 | 4,153 | 5,906 | +42.2% |
| Operating profit (EBIT) | 49 | 224 | 832 | 595 | −28.5% |
| Profit before tax | 47 | 227 | 834 | 592 | −29% |
| Net profit | 31 | 173 | 650 | 458 | −29.5% |
| Total assets | 349 | 687 | 1,972 | 2,615 | +32.6% |
| Equity | 131 | 304 | 954 | 1,412 | +48% |
| Liabilities | 218 | 383 | 1,015 | 1,187 | +16.9% |
| Cash and cash equivalents | 307 | 491 | 1,745 | 2,111 | +21% |
| Average number of employees | 2 | 8 | 8 | 11 | +37.5% |
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. Revenue is not stated for 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
Annual reports
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 10/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/04/2024 | The company | PDFXBRL |
| 2022 | 17/01/2022 – 31/12/2022 | 12/06/2023 | 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.
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 20–49 employees9,922 companies in the comparison | No. 7,281of 9,892 Better than 26% | No. 7,059of 9,922 Better than 29% |
| Same industry and 20–49 employees183 companies in the comparison | No. 160of 182 Better than 12% | No. 148of 183 Better than 19% |
| Companies that are founded within the last five years16,675 companies in the comparison | No. 1,883of 16,627 Better than 89% | No. 3,119of 16,674 Better than 81% |
| All companies of type ApS66,508 companies in the comparison | No. 11,548of 66,379 Better than 83% | No. 24,951of 66,505 Better than 62% |
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- Siite ApSDKK 5.9m
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- Siite ApSDKK 458k
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
- Siite ApSDKK 1.4m
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
- Siite ApS30
- 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- Scale Incubator ApS100%
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mikkel Hjelm Kragelund | Director | 16/05/2022 |
| Leonardo Miodrag | Director | 26/09/2022 |
| Mike Hornshøj Vestergaard | CEO | 27/10/2025 |
- Founders
- Scale Incubator ApS
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Mads Klokkerholm Nielsen | Director | 17/01/2022 | 16/05/2022 |
| Rasmus Hyldgaard Andersen | Director | 16/05/2022 | 25/09/2022 |
| Rasmus Hyldgaard Andersen | CEO | 26/09/2022 | 27/10/2025 |
Signing rule: Selskabet tegnes af en direktør alene.
Address and production units
1 active production unitsNålemagervej 1
9000 Aalborg
Aalborg Municipality · Postcode 9000
Other companies at the address (6)
- C. Flauenskjold A/SWholesale of wood, construction materials and sanitary equipment
- KonForza A/SActivities of employment placement agencies
- Digura ApSOther business support service activities n.e.c.
- Booki ApSAccounting, bookkeeping and auditing; tax consultancy
- Mandrup-poulsen Tapeter ApSWholesale of wood, construction materials and sanitary equipment
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Siite ApS | Nålemagervej 1, 9000 Aalborg | 35 | 1027918391 |
Purpose
Selskabets formål er at udarbejde, udvikle og rådgive omkring webløsninger samt online markedsføring og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
33 registered events20264 changesownership 3 · accounts 1
- OwnershipScale Incubator ApS registered as owner (100%)
- OwnershipMikkel Kragelund Holding ApS is no longer registered as owner
- OwnershipScale Incubator ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
20258 changesmanagement 2 · ownership 5 · accounts 1
- ManagementMike Hornshøj Vestergaard appointed ceo
- ManagementRasmus Hyldgaard Andersen stepped down as ceo
- OwnershipScale Incubator ApS registered as owner (66.67%)
- OwnershipMikkel Kragelund Holding ApS registered as owner (25%)
- OwnershipRasmus Hyldgaard Holding ApS is no longer registered as owner
- OwnershipMikkel Kragelund Holding ApS is no longer registered as owner
- OwnershipScale Incubator ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
202219 changesaddress 1 · management 7 · ownership 9 · capital 1 · founded 1
- AddressMoved to Nålemagervej 1, 9000 Aalborg
- ManagementRasmus Hyldgaard Andersen appointed ceo
- ManagementLeonardo Miodrag appointed director
- OwnershipCroaticus Holding ApS is no longer registered as owner
- OwnershipM.H. Vester Holding ApS is no longer registered as owner
- OwnershipMads Klokkerholm Holding ApS is no longer registered as owner
- ManagementRasmus Hyldgaard Andersen stepped down as director
- ManagementRasmus Hyldgaard Andersen appointed director
- ManagementMikkel Hjelm Kragelund appointed director
- ManagementMads Klokkerholm Nielsen stepped down as director
- CapitalShare capital changed from 40,000 DKK to 100,000 DKK
- OwnershipRasmus Hyldgaard Holding ApS registered as owner (20%)
- OwnershipCroaticus Holding ApS registered as owner (15%)
- OwnershipMikkel Kragelund Holding ApS registered as owner (20%)
- OwnershipM.H. Vester Holding ApS registered as owner (10%)
- OwnershipMads Klokkerholm Holding ApS registered as owner (10%)
- FoundedRegistered as Siite ApS
- ManagementMads Klokkerholm Nielsen appointed director
- OwnershipScale Incubator ApS registered as owner (50%)
Related companies
Same industry in Aalborg
- Trackunit ApS249 employees
- Solita A/S195 employees
- Xci A/S168 employees
- Gatehouse Satcom A/S100 employees
- Elsevier A/S93 employees
- Samsung Denmark Research Center ApS91 employees
Same people in management
- KonForza A/Svia Mads Klokkerholm Nielsen
- Digura ApSvia Mads Klokkerholm Nielsen
- skalvi ApSvia Mike Hornshøj Vestergaard
- Booki ApSvia Mads Klokkerholm Nielsen
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.