CVRdatabase
Menu

Silverlining Research ApS

Private limited companyCVR 40442553Aarhus CActive

Silverlining Research ApS is a private limited company, based in Aarhus C, active in market research and public opinion polling, founded in 2019. Net profit rose 31% from 2025 to 2026, ending at DKK 1.5m. Profit has grown three years in a row. With 40 employees, the company is about 6 times larger than the industry median.

Follow
PDF reportCompare

Key figures · financial year 2026

Gross profitDKK 15.3m+23% vs. 2025
Net profitDKK 1.5m+31.4% vs. 2025
EquityDKK 3.1m+38.2% vs. 2025
Employees40latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit rose 23% (2025 → 2026), to DKK 15.3m.
  • Net profit rose 31% (2025 → 2026), to DKK 1.5m.
  • Equity rose 38% (2025 → 2026), to DKK 3.1m.

Employees

  • 18 fewer employees than a year earlier: 40 (07/2026) against 58 (07/2025).

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3m202120222023202420252026
EquityNet profit
Financial figures for Silverlining Research ApS
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,8222,9696,8539,97412,43215,289+23%
Operating profit (EBIT)–1701,4621,3561,7932,245+25.2%
Profit before tax1441511,3321,1701,4731,956+32.9%
Net profit1091131,0328811,1401,499+31.4%
Total assets1,2451,4334,3055,1246,1387,919+29%
Equity1592721,3041,6352,2253,074+38.2%
Liabilities–1,1623,0013,4903,8814,830+24.4%
Cash and cash equivalents20078214237−12.6%
Average number of employees3512171619+18.8%

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, 2026: 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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202120222023202420252026
Gross profitMedian, the industry (48 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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
Annual reports for Silverlining Research ApS
Financial yearPeriodPublishedFigures forDocuments
202601/07/2025 – 30/06/202604/09/2026The companyPDF not statedXBRL
202501/07/2024 – 30/06/202503/09/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202409/09/2024The companyPDFXBRL
202301/07/2022 – 30/06/202328/08/2023The companyPDFXBRL
202201/07/2021 – 30/06/202207/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202123/11/2021The 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
010203040506008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

48 companies in the database

Comparison with the other companies in market research and public opinion polling based on the latest financial year.

Gross profitDKK 15.3mNo. 15 of 48
Better than 70% of the companies in the industry
EquityDKK 3.1mNo. 16 of 48
Better than 68% of the companies in the industry
Number of employees40No. 15 of 48
Better than 70% of the companies in the industry

Industry median: gross profit DKK 4.8m, net profit DKK 94,851, equity DKK 905k, 7 employees.

DKK 100kDKK 529kDKK 2.8mDKK 14.8mDKK 45mHere
Distribution of gross profit for 47 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. 4,092of 9,892
Better than 59%
No. 5,739of 9,922
Better than 42%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,774of 33,588
Better than 92%
No. 8,311of 33,687
Better than 75%
All companies of type ApS66,508 companies in the comparison
No. 3,545of 66,379
Better than 95%
No. 15,616of 66,505
Better than 77%

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

Market research and public opinion polling
Gross profit
  1. Silverlining Research ApSDKK 15.3m
  2. Epinion A/SDKK 78.3m
  3. Norstat Danmark A/SDKK 70.4m
Net profit
  1. Silverlining Research ApSDKK 1.5m
  2. Epinion A/SDKK 10.9m
  3. Norstat Danmark A/SDKK 15.8m
Equity
  1. Silverlining Research ApSDKK 3.1m
  2. Epinion A/SDKK 23.3m
  3. Norstat Danmark A/SDKK 53.4m
Employees
  1. Silverlining Research ApS40
  2. Epinion A/S168
  3. Norstat Danmark A/S143

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
  • Terje Vammen Holding ApS33.33%
  • Budolfsen Holding ApS33.33%
  • Thordal Bøgeskov Holding ApS20%
Silverlining Research ApS

Management

4 active registrations

Executive management

Executive management at Silverlining Research ApS
NameRoleAppointed
Kristian BudolfsenDirector11/04/2019

Board of directors

Board of directors at Silverlining Research ApS
NameRoleAppointed
Terje Stefan VammenChair of the board11/04/2019
Kristian BudolfsenBoard member01/07/2020
Bjarke Thordal BøgeskovBoard member01/07/2020
Founders
Silverbullet A/S
Former management (3)
Former management at Silverlining Research ApS
NameRoleAppointedResigned
Henrik Gørup RasmussenBoard member11/04/201901/07/2020
Dan Arnum HansenBoard member11/04/201901/07/2020
Jens HornemannBoard member11/04/201901/07/2020

Signing rule: Selskabet tegnes af direktøren eller bestyrelsesformanden

Address and production units

1 active production units

Inge Lehmanns Gade 10
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Silverlining Research ApSInge Lehmanns Gade 10, 6, 8000 Aarhus C421024614936

Purpose

Selskabets formål er at bistå offentlige og private virksomheder i Danmark og udlandet med strategisk valg, design og gennemførelse af data- og researchopgaver samt udvikling af metoder og processer til dataforædling og dataintegration af såvel primære som sekundære datakilder til forretningsformål samt beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

35 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20251 changeaccounts 1
  • Annual report for 2025 published
20242 changesaccounts 1 · address 1
  • Annual report for 2024 published
  • Moved to Inge Lehmanns Gade 10, 6, 8000 Aarhus C
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20213 changesaccounts 1 · name 2
  • Annual report for 2021 published
  • Name changed from Silverbullet Research ApS to Silverlining Research ApS
  • Name changed from Silverbullet Research & Insights ApS to Silverbullet Research ApS
202019 changesaddress 3 · industry 1 · management 5 · ownership 10
  • Moved to Inge Lehmanns Gade 10, 6, 8000 Aarhus C
  • Moved to Søren Frichs Vej 42F, 8230 Åbyhøj
  • Industry changed to Market research and public opinion polling (732000)
  • Kristian Budolfsen appointed board member
  • Bjarke Thordal Bøgeskov appointed board member
  • Jens Hornemann stepped down as board member
  • Henrik Gørup Rasmussen stepped down as board member
  • Dan Arnum Hansen stepped down as board member
  • Bjarke Thordal Bøgeskov registered as owner (33.33%)
  • Bjarke Thordal Bøgeskov is no longer registered as owner
  • Kristian Budolfsen registered as owner (33.33%)
  • Kristian Budolfsen is no longer registered as owner
  • Terje Stefan Vammen registered as owner (33.33%)
  • Terje Stefan Vammen is no longer registered as owner
  • Thordal Bøgeskov Holding ApS registered as owner (20%)
  • TERJE VAMMEN HOLDING ApS registered as owner (33.33%)
  • Budolfsen Holding ApS registered as owner (33.33%)
  • SILVERBULLET A/S is no longer registered as owner
  • Moved to Søren Frichs Vej 42F, 1. tv, 8230 Åbyhøj
20197 changesfounded 1 · management 5 · ownership 1
  • Registered as Silverbullet Research & Insights ApS
  • Jens Hornemann appointed board member
  • Henrik Gørup Rasmussen appointed board member
  • Terje Stefan Vammen appointed chair of the board
  • Kristian Budolfsen appointed director
  • Dan Arnum Hansen appointed board member
  • SILVERBULLET A/S registered as owner (100%)

Related companies

Same industry in Aarhus

See all →

Same people in management

Largest in the industry

See all →

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 CVRReport a correction