Smith Innovation ApS
Private limited companyCVR 31894107København KActive
Smith Innovation ApS is a private limited company, based in København K, active in research and experimental development on social sciences and humanities, founded in 2009. Net profit rose 1491% from 2024 to 2025, ending at DKK 997k. Measured by gross profit, it ranks no. 2 of 10 companies in the industry in the database. With 12 employees, the company is about 5 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 59% (2024 → 2025), to DKK 5.9m.
- Net profit rose 1,491% (2024 → 2025), to DKK 997k.
- Equity rose 34% (2024 → 2025), to DKK 3.1m.
Employees
- 1 fewer employees than a year earlier: 12 (08/2026) against 13 (08/2025).
Management and owners, last 24 months
- New owners registered: Building Lab Holding ApS (22/09/2025) and Kongsbak Innovation ApS (22/09/2025).
- No longer registered as owner: Building Lab Holding ApS (21/09/2025) and Kongsbak Innovation ApS (21/09/2025).
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 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 | 3,243 | 3,564 | 4,048 | 4,636 | 3,701 | 5,886 | +59% |
| Operating profit (EBIT) | 492 | – | – | 521 | 99 | 1,280 | +1,190.1% |
| Profit before tax | 492 | 361 | 305 | 478 | 81 | 1,280 | +1,471.5% |
| Net profit | 384 | 281 | 237 | 361 | 63 | 997 | +1,491.1% |
| Total assets | 4,786 | 4,266 | 3,721 | 4,070 | 3,493 | 5,877 | +68.3% |
| Equity | 2,323 | 2,354 | 2,342 | 2,465 | 2,291 | 3,069 | +34% |
| Liabilities | 2,425 | 1,907 | 1,374 | 1,605 | 1,202 | 2,808 | +133.6% |
| Cash and cash equivalents | 2,771 | 1,609 | 732 | 1,962 | 862 | 1,714 | +98.9% |
| Average number of employees | 5 | 5 | 7 | 8 | 7 | 0 | −100% |
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 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 | 01/07/2024 – 30/06/2025 | 19/12/2025 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 23/12/2024 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 21/12/2023 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 30/06/2022 | 03/11/2022 | The company | PDFXBRL |
| 2021 | 01/07/2020 – 30/06/2021 | 30/11/2021 | The company | PDFXBRL |
| 2020 | 01/07/2019 – 30/06/2020 | 29/09/2020 | 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
10 companies in the databaseComparison with the other companies in research and experimental development on social sciences and humanities based on the latest financial year.
Industry median: gross profit DKK 3.3m, net profit DKK 209k, equity DKK 1.1m, 3 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. 10,969of 69,742 Better than 84% | No. 19,096of 69,964 Better than 73% |
| Same industry and fewer than 20 employees10 companies in the comparison | No. 2of 10 Better than 89% | No. 1of 10 Better than 100% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 8,761of 24,791 Better than 65% | No. 12,234of 24,909 Better than 51% |
| All companies of type ApS66,508 companies in the comparison | No. 11,592of 66,379 Better than 83% | No. 15,637of 66,505 Better than 76% |
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
Research and experimental development on social sciences and humanities- Smith Innovation ApSDKK 5.9m
- EIT Urban Mobility Innovation Hub North ApSDKK 6.6m
- Nordic Institute of Health Economics A/SDKK 4.2m
- Smith Innovation ApSDKK 997k
- EIT Urban Mobility Innovation Hub North ApSDKK 31,915
- Nordic Institute of Health Economics A/SDKK 793k
- Smith Innovation ApSDKK 3.1m
- EIT Urban Mobility Innovation Hub North ApSDKK 1.3m
- Nordic Institute of Health Economics A/SDKK 1.5m
- Smith Innovation ApS12
- EIT Urban Mobility Innovation Hub North ApS8
- Nordic Institute of Health Economics A/S4
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Niepoort Holding ApS10%
- Building Lab Holding ApS50%
- Kongsbak Innovation ApS33.33%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mikkel Andreas Thomassen | Director | 01/01/2009 |
| Simone Kongsbak Saxtorph | Director | 26/06/2019 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Christian Andreas Niepoort | Board member | 26/06/2019 |
| Mikkel Andreas Thomassen | Board member | 26/06/2019 |
| Simone Kongsbak Saxtorph | Board member | 26/06/2019 |
- Founders
- Niepoort Holding ApS, Building Lab Holding ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Christian Andreas Niepoort | Director | 01/01/2009 | 26/06/2019 |
Signing rule: Selskabet tegnes af den samlede direktion.
Address and production units
1 active production unitsFrederiksholms Kanal 30
1220 København K
København Municipality · Postcode 1220
Other companies at the address (8)
- Idéa Nordic ApSOrganisation of conventions and trade shows
- Behave Green ApSOther technical consultancy
- Antler ApSNon-specialised wholesale trade
- ChroniCare ApSIT infrastructure, data processing, hosting and related activities
- Jesper Kusk Arkitekter ApSArchitectural activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SMITH INNOVATION ApS | Frederiksholms Kanal 30, 1220 København K | 12 | 1014972370 |
Purpose
Selskabets formål er at drive konsulentvirksomhed, handel og industri samt anden hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
27 registered events20255 changesaccounts 1 · ownership 4
- AccountsAnnual report for 2025 published
- OwnershipBUILDING LAB HOLDING ApS registered as owner (50%)
- OwnershipKongsbak Innovation ApS registered as owner (33.33%)
- OwnershipBUILDING LAB HOLDING ApS is no longer registered as owner
- OwnershipKongsbak Innovation ApS is no longer registered as owner
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20212 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Frederiksholms Kanal 30, 1220 København K
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20198 changesownership 3 · management 5
- OwnershipBUILDING LAB HOLDING ApS registered as owner (66.67%)
- OwnershipKongsbak Innovation ApS registered as owner (15%)
- OwnershipBUILDING LAB HOLDING ApS is no longer registered as owner
- ManagementChristian Andreas Niepoort appointed board member
- ManagementMikkel Andreas Thomassen appointed board member
- ManagementSimone Kongsbak Saxtorph appointed director
- ManagementSimone Kongsbak Saxtorph appointed board member
- ManagementChristian Andreas Niepoort stepped down as director
20141 changeaddress 1
- AddressMoved to Rønnegade 1, 5, 2100 København Ø
20102 changesaddress 2
- AddressMoved to Bragesgade 10B, 3, 2200 København N
- AddressMoved to Nannasgade 28, 2200 København N
20095 changesfounded 1 · management 2 · ownership 2
- FoundedRegistered as SMITH INNOVATION ApS
- ManagementChristian Andreas Niepoort appointed director
- ManagementMikkel Andreas Thomassen appointed director
- OwnershipBUILDING LAB HOLDING ApS registered as owner (50%)
- OwnershipNIEPOORT HOLDING ApS registered as owner (10%)
Related companies
Same people in management
- Sustain Solutions ApSvia Christian Andreas Niepoort
Largest in the industry
- EIT Urban Mobility Innovation Hub North ApSDKK 6.6m
- Nordic Institute of Health Economics A/SDKK 4.2m
- Cochrane Informatics And Knowledge Management Department Denmark ApSDKK 3.7m
- Huset Pia Thomsen ApSDKK 3.6m
- Universal Futurist ApSDKK 3m
- Future Navigator ApSDKK 1.2m
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.