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Spotify Denmark ApS

Private limited companyCVR 33785348København VActive

Spotify Denmark ApS is a private limited company, based in København V, active in it infrastructure, data processing, hosting and related activities, founded in 2011. Net profit fell 99% from 2024 to 2025, ending at DKK 112k. With 22 employees, the company is about 5 times larger than the industry median. Equity grew to DKK 47.3m in 2025.

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Key figures · financial year 2025

RevenueDKK 37.1m−19.6% vs. 2024
Net profitDKK 112k−98.8% vs. 2024
EquityDKK 47.3m+25.6% vs. 2024
Employees22latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 21% (2024 → 2025), to DKK 34.3m.
  • Revenue fell 20% (2024 → 2025), to DKK 37.1m.
  • Net profit fell 99% (2024 → 2025), to DKK 112k.
  • Equity rose 26% (2024 → 2025), to DKK 47.3m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to IT infrastructure, data processing, hosting and related activities (631000)

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Spotify Denmark ApS
202020212022202320242025Change
Revenue11,00713,10220,55636,36646,17337,125−19.6%
Gross profit3,6349,45017,96034,00343,59534,347−21.2%
Operating profit (EBIT)4537011,3822,59012,1752,843−76.6%
Profit before tax4516981,3982,57912,4633,050−75.5%
Net profit3455261,0772,0099,698112−98.8%
Total assets10,6129,11910,62917,65339,62849,928+26%
Equity6,5627,0878,16510,17437,64447,295+25.6%
Liabilities4,0512,0322,4657,479–––
Average number of employees4715242322−4.3%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
Gross profitMedian, the industry (214 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Spotify Denmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/07/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202312/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202214/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202118/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

214 companies in the database

Comparison with the other companies in it infrastructure, data processing, hosting and related activities based on the latest financial year.

Gross profitDKK 34.3mNo. 35 of 213
Better than 84% of the companies in the industry
EquityDKK 47.3mNo. 27 of 214
Better than 88% of the companies in the industry
Number of employees22No. 45 of 214
Better than 79% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 274k, equity DKK 1.9m, 5 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 166.8mDKK 867.6mHere
Distribution of gross profit for 195 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. 1,017of 9,892
Better than 90%
No. 743of 9,922
Better than 93%
Same industry and 20–49 employees21 companies in the comparison
No. 12of 21
Better than 45%
No. 4of 21
Better than 85%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,090of 24,791
Better than 92%
No. 2,431of 24,909
Better than 90%
All companies of type ApS66,508 companies in the comparison
No. 1,202of 66,379
Better than 98%
No. 2,194of 66,505
Better than 97%

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

IT infrastructure, data processing, hosting and related activities
Gross profit
  1. Spotify Denmark ApSDKK 34.3m
  2. Cassin Networks ApSDKK 2bn
  3. Dapsi International ApSDKK 1bn
Net profit
  1. Spotify Denmark ApSDKK 112k
  2. Cassin Networks ApSDKK 184.1m
  3. Dapsi International ApSDKK 33.1m
Equity
  1. Spotify Denmark ApSDKK 47.3m
  2. Cassin Networks ApSDKK 16.5bn
  3. Dapsi International ApSDKK 4.5bn
Employees
  1. Spotify Denmark ApS22
  2. Cassin Networks ApS64
  3. Dapsi International ApS49

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
  • Spotify AB100%
Spotify Denmark ApS

Management

3 active registrations

Executive management

Executive management at Spotify Denmark ApS
NameRoleAppointed
Sallie Elizabeth DeyselDirector31/03/2024

Board of directors

Board of directors at Spotify Denmark ApS
NameRoleAppointed
Peter GrandeliusChair of the board28/03/2019
Sallie Elizabeth DeyselBoard member31/03/2024
Founders
ApS KBUS 38 nr.3117
Former management (17)
Former management at Spotify Denmark ApS
NameRoleAppointedResigned
Peter Andreas StakemannDirector01/07/201107/09/2011
Sven Hans Martin LorentzonDirector07/09/201128/11/2012
Carl Magnus Peter SterkyCEO07/09/201128/11/2012
Öjje Eyvind HoltBoard member28/11/201211/04/2013
Öjje Eyvind HoltDirector28/11/201211/04/2013
Monica HanssonBoard member28/11/201215/08/2014
Carl Magnus Peter SterkyChair of the board28/11/201206/09/2016
Monica HanssonDirector11/04/201315/08/2014
Christine RankinBoard member15/08/201401/02/2016
Christine RankinDirector15/08/201401/02/2016
Barry Mc CathyBoard member01/02/201601/02/2016
Barry Mc CathyDirector01/02/201601/02/2016
Barry Mc CarthyBoard member01/02/201606/12/2019
Barry Mc CarthyDirector01/02/201606/12/2019
Jens Christian Grejs SvolgaardChair of the board06/09/201628/03/2019
Paul Aaron VogelBoard member06/12/201931/03/2024
Paul Aaron VogelDirector06/12/201931/03/2024

Signing rule: Selskabet tegnes af 1 bestyrelsesmedlem.

Address and production units

1 active production units

Kampmannsgade 2
1604 København V

København Municipality · Postcode 1604

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
SPOTIFY DENMARK ApSKampmannsgade 2, 1604 København V221016995378

Purpose

Selskabets formål er at markedsføre, sælge, og gøre en digital service til distribution af media tilgængelig (via Internettet), og i forbindelse hermed markedsføre og sælge reklameplads til servicen, samt anden virksomhed forbundet dermed.

The purpose is quoted from the register in Danish.

Changes year by year

53 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to IT infrastructure, data processing, hosting and related activities (631000)
20245 changesaccounts 1 · management 4
  • Annual report for 2023 published
  • Sallie Elizabeth Deysel appointed director
  • Sallie Elizabeth Deysel appointed board member
  • Paul Aaron Vogel stepped down as director
  • Paul Aaron Vogel stepped down as board member
20232 changesaddress 1 · accounts 1
  • Moved to Kampmannsgade 2, 1604 København V
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20196 changesmanagement 6
  • Paul Aaron Vogel appointed director
  • Paul Aaron Vogel appointed board member
  • Barry Mc Carthy stepped down as board member
  • Barry Mc Carthy stepped down as director
  • Peter Grandelius appointed chair of the board
  • Jens Christian Grejs Svolgaard stepped down as chair of the board
201610 changesmanagement 10
  • Jens Christian Grejs Svolgaard appointed chair of the board
  • Carl Magnus Peter Sterky stepped down as chair of the board
  • Barry Mc Cathy appointed board member
  • Barry Mc Cathy stepped down as board member
  • Barry Mc Cathy appointed director
  • Barry Mc Cathy stepped down as director
  • Barry Mc Carthy appointed board member
  • Barry Mc Carthy appointed director
  • Christine Rankin stepped down as director
  • Christine Rankin stepped down as board member
20144 changesmanagement 4
  • Christine Rankin appointed director
  • Christine Rankin appointed board member
  • Monica Hansson stepped down as director
  • Monica Hansson stepped down as board member
20133 changesmanagement 3
  • Monica Hansson appointed director
  • Öjje Eyvind Holt stepped down as director
  • Öjje Eyvind Holt stepped down as board member
20127 changesmanagement 6 · address 1
  • Öjje Eyvind Holt appointed director
  • Monica Hansson appointed board member
  • Öjje Eyvind Holt appointed board member
  • Carl Magnus Peter Sterky appointed chair of the board
  • Sven Hans Martin Lorentzon stepped down as director
  • Carl Magnus Peter Sterky stepped down as ceo
  • Moved to Vestergade 27, 1. th, 1456 København K
201111 changesname 2 · ownership 1 · address 2 · management 4 · industry 1 · founded 1
  • Name changed from SPOTIFY ApS to SPOTIFY DENMARK ApS
  • Spotify AB registered as owner (100%)
  • Moved to Larsbjørnsstræde 3, 1454 København K
  • Moved to Langelinie Allé 35, 2100 København Ø
  • Name changed from ApS PST 17 NR. 1112 to SPOTIFY ApS
  • Sven Hans Martin Lorentzon appointed director
  • Carl Magnus Peter Sterky appointed ceo
  • Peter Andreas Stakemann stepped down as director
  • Industry changed to Databehandling, webhosting og lignende serviceydelser (631100)
  • Registered as ApS PST 17 NR. 1112
  • Peter Andreas Stakemann appointed director

Related companies

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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.

View in CVRReport a correction