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Switchpay ApS

Private limited companyCVR 38765442EsbjergActive

Switchpay ApS is a private limited company, based in Esbjerg, active in computer programming activities, founded in 2017. The company made a loss in both 2024 and 2025, most recently DKK 1.3m. 5 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 54,228−92.6% vs. 2024
Net profit−DKK 1.3m+47.1% vs. 2024
EquityDKK 306k+8.1% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 93% (2024 → 2025), to DKK 54,228.
  • The loss got smaller: from DKK 2.4m to DKK 1.3m (2024 → 2025).
  • Equity rose 8% (2024 → 2025), to DKK 306k.

Employees

  • 1 more employees than a year earlier: 3 (07/2026) against 2 (07/2025).

Management and owners, last 24 months

  • New in management: Thomas Lyngsø Helt (chair of the board, 17/06/2025).
  • Stepped down: Jakob Lose (board member, 17/06/2025), Thomas Lyngsø Helt (board member, 16/06/2025) and Per Bank Lauridsen (chair of the board, 17/06/2025) (+1).

Registrations, last 24 months

  • 30/09/2026: Share capital changed from 546,095 DKK to 754,886 DKK
  • 25/09/2025: Share capital changed from 403,238 DKK to 546,095 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

−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2m202020212022202320242025
EquityNet profit
Financial figures for Switchpay ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−2833706061,00072954−92.6%
Operating profit (EBIT)−922−1,595−1,863−2,740−2,384−1,169+51%
Profit before tax−950−1,668−1,951−2,798−2,569−1,301+49.4%
Net profit−950−1,668−1,879−2,309−2,415−1,277+47.1%
Total assets3461,6074,2974,4243,3963,419+0.7%
Equity−1,143−2,8112,070317283306+8.1%
Liabilities1,4884,4182,2274,1083,1133,113−0%
Cash and cash equivalents87292,0178311559−49%
Average number of employees246862−66.7%

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

−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Low equity ratio

    Equity makes up 9% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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 Switchpay ApS
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202515/02/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202406/03/2025The companyPDFXBRL
202301/10/2022 – 30/09/202305/01/2024The companyPDFXBRL
202201/10/2021 – 30/09/202202/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202128/02/2022The companyPDFXBRL
202001/10/2019 – 30/09/202026/02/2021The 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
0246810121408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,661 companies in the database

Comparison with the other companies in computer programming activities based on the latest financial year.

Gross profitDKK 54,228No. 1448 of 1,656
Better than 13% of the companies in the industry
EquityDKK 306kNo. 1083 of 1,661
Better than 35% 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.

DKK 100kDKK 978kDKK 9.6mDKK 93.7mDKK 428.6m
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
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 61,774of 69,742
Better than 11%
No. 47,073of 69,964
Better than 33%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 1,169of 1,363
Better than 14%
No. 826of 1,365
Better than 40%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 30,581of 33,579
Better than 9%
No. 22,373of 33,678
Better than 34%
All companies of type ApS66,508 companies in the comparison
No. 59,387of 66,379
Better than 11%
No. 43,039of 66,505
Better than 35%

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
  1. Switchpay ApSDKK 54,228
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Switchpay ApS−DKK 1.3m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Switchpay ApSDKK 306k
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Switchpay ApS3
  2. Stibo Systems A/S201
  3. 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
  • Me Holding Esbjerg ApS10%
  • C8 Holding ApS66.67%
  • Jakob Lose Holding ApS5%
  • Vestpol Invest A/S10%
  • Rosendahl Investments ApS5%
Switchpay ApS

Management

4 active registrations

Executive management

Executive management at Switchpay ApS
NameRoleAppointed
Marco Dalhoff Æbelø MacArtneyDirector01/03/2021

Board of directors

Board of directors at Switchpay ApS
NameRoleAppointed
Marco Dalhoff Æbelø MacArtneyBoard member06/12/2018
Mike EbsenBoard member06/12/2018
Thomas Lyngsø HeltChair of the board17/06/2025
Founders
Jakob Lose Holding ApS, Me Holding Esbjerg ApS
Former management (6)
Former management at Switchpay ApS
NameRoleAppointedResigned
Jakob LoseDirector03/07/201706/12/2018
Mike EbsenDirector03/07/201701/03/2021
Jakob LoseBoard member06/12/201817/06/2025
Thomas Lyngsø HeltBoard member30/09/202216/06/2025
Per Bank LauridsenChair of the board30/09/202217/06/2025
Peter Steen JørgensenBoard member30/09/202217/06/2025

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

Address and production units

1 active production units

Stormgade 50
6700 Esbjerg

Esbjerg Municipality · Postcode 6700

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
Switchpay ApSStormgade 50, 6700 Esbjerg31022610437

Purpose

Selskabets formål er at udvikle og sælge digitale betjenings- og betalingsløsninger til selvbetjent udstyr, samt anden beslægtet virksomhed efter bestyrelsens skøn.

The purpose is quoted from the register in Danish.

Changes year by year

57 registered events
20262 changescapital 1 · accounts 1
  • Share capital changed from 546,095 DKK to 754,886 DKK
  • Annual report for 2025 published
20257 changescapital 1 · management 5 · accounts 1
  • Share capital changed from 403,238 DKK to 546,095 DKK
  • Thomas Lyngsø Helt appointed chair of the board
  • Peter Steen Jørgensen stepped down as board member
  • Per Bank Lauridsen stepped down as chair of the board
  • Jakob Lose stepped down as board member
  • Thomas Lyngsø Helt stepped down as board member
  • Annual report for 2024 published
20249 changescapital 1 · ownership 7 · accounts 1
  • Share capital changed from 141,550 DKK to 403,238 DKK
  • Rosendahl Investments ApS registered as owner (5%)
  • VESTPOL INVEST A/S registered as owner (10%)
  • JAKOB LOSE HOLDING ApS registered as owner (5%)
  • C8 HOLDING ApS registered as owner (66.67%)
  • C8 HOLDING ApS is no longer registered as owner
  • JAKOB LOSE HOLDING ApS is no longer registered as owner
  • VESTPOL INVEST A/S is no longer registered as owner
  • Annual report for 2023 published
20238 changesaddress 1 · capital 1 · ownership 6
  • Moved to Stormgade 50, 6700 Esbjerg
  • Share capital changed from 133,750 DKK to 141,550 DKK
  • ME HOLDING ESBJERG ApS registered as owner (10%)
  • C8 HOLDING ApS registered as owner (33.33%)
  • JAKOB LOSE HOLDING ApS registered as owner (10%)
  • C8 HOLDING ApS is no longer registered as owner
  • JAKOB LOSE HOLDING ApS is no longer registered as owner
  • ME HOLDING ESBJERG ApS is no longer registered as owner
202213 changesaccounts 2 · capital 1 · management 3 · ownership 7
  • Annual report for 2022 published
  • Share capital changed from 93,750 DKK to 133,750 DKK
  • Peter Steen Jørgensen appointed board member
  • Thomas Lyngsø Helt appointed board member
  • Per Bank Lauridsen appointed chair of the board
  • VESTPOL INVEST A/S registered as owner (25%)
  • C8 HOLDING ApS registered as owner (33.33%)
  • JAKOB LOSE HOLDING ApS registered as owner (20%)
  • ME HOLDING ESBJERG ApS registered as owner (20%)
  • JAKOB LOSE HOLDING ApS is no longer registered as owner
  • C8 HOLDING ApS is no longer registered as owner
  • ME HOLDING ESBJERG ApS is no longer registered as owner
  • Annual report for 2021 published
20216 changescapital 1 · ownership 2 · management 2 · accounts 1
  • Share capital changed from 75,000 DKK to 93,750 DKK
  • JAKOB LOSE HOLDING ApS registered as owner (25%)
  • JAKOB LOSE HOLDING ApS is no longer registered as owner
  • Marco Dalhoff Æbelø MacArtney appointed director
  • Mike Ebsen stepped down as director
  • Annual report for 2020 published
20201 changeaddress 1
  • Moved to Borgergade 38, 2, 6700 Esbjerg
20186 changescapital 1 · management 4 · ownership 1
  • Share capital changed from 50,000 DKK to 75,000 DKK
  • Marco Dalhoff Æbelø MacArtney appointed board member
  • Mike Ebsen appointed board member
  • Jakob Lose appointed board member
  • Jakob Lose stepped down as director
  • C8 HOLDING ApS registered as owner (33.33%)
20175 changesfounded 1 · management 2 · ownership 2
  • Registered as Switchpay ApS
  • Mike Ebsen appointed director
  • Jakob Lose appointed director
  • JAKOB LOSE HOLDING ApS registered as owner (33.33%)
  • ME HOLDING ESBJERG ApS registered as owner (25%)

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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 CVRReport a correction