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Teo A/S

Public limited companyCVR 29240442København SActive

Teo A/S is a public limited company, based in København S, active in computer programming activities, founded in 2005. The company went from a profit in 2024 to a loss of DKK 2.3m in 2025. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 4.7m−7.2% vs. 2024
Net profit−DKK 2.3m−216.8% vs. 2024
EquityDKK 18.6m−11% vs. 2024
Employees7latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 7% (2024 → 2025), to DKK 4.7m.
  • Net profit went from a profit of DKK 2m to a loss of DKK 2.3m (2024 → 2025).
  • Equity fell 11% (2024 → 2025), to DKK 18.6m.

Management and owners, last 24 months

  • New in management: Kenneth Kurt Hallingskov (ceo, 10/07/2026).
  • Stepped down: Zahid Abdullah (director, 10/07/2026) and Rami Jamal Ismail (board member, 31/12/2024).

Registrations, last 24 months

  • 25/06/2026: Name changed from TALENTED EARTH ORGANIZATION A/S to TEO A/S

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Teo A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,0662,8259,7659,7365,1104,743−7.2%
Operating profit (EBIT)1,7291,5607,8647,5802,310−2,640−214.3%
Profit before tax1,5671,2287,3797,2142,546−2,882−213.2%
Net profit1,1349635,6655,5481,968−2,297−216.8%
Total assets8,7038,96520,21722,18424,64019,520−20.8%
Equity6,7447,70313,37518,92220,89018,593−11%
Liabilities1,9591,2626,5343,2623,750927−75.3%
Cash and cash equivalents5,7875,76814,1104,7475,7152,287−60%
Average number of employees554554−20%

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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Annual reports

6 financial years
Annual reports for Teo A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202415/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202306/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202212/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202129/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/07/2021The 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
0246809/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,661 companies in the database

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

Gross profitDKK 4.7mNo. 619 of 1,656
Better than 63% of the companies in the industry
EquityDKK 18.6mNo. 177 of 1,661
Better than 89% of the companies in the industry
Number of employees7No. 780 of 1,661
Better than 53% 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 428.6mHere
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. 14,240of 69,742
Better than 80%
No. 6,069of 69,964
Better than 91%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 352of 1,363
Better than 74%
No. 54of 1,365
Better than 96%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 10,084of 24,791
Better than 59%
No. 4,652of 24,909
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 12,179of 17,786
Better than 32%
No. 6,436of 18,024
Better than 64%

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. Teo A/SDKK 4.7m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Teo A/S−DKK 2.3m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Teo A/SDKK 18.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Teo A/S7
  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
  • Zab Holding ApS90%
Teo A/S

Management

4 active registrations

Executive management

Executive management at Teo A/S
NameRoleAppointed
Kenneth Kurt HallingskovCEO10/07/2026

Board of directors

Board of directors at Teo A/S
NameRoleAppointed
Zahid AbdullahBoard member22/12/2006
Mads TranselChair of the board01/01/2015
Claus Østergaard PedersenBoard member12/01/2022
Founders
Zab Holding ApS
Former management (9)
Former management at Teo A/S
NameRoleAppointedResigned
Zahid AbdullahDirector15/12/200510/07/2026
Anders WallBoard member22/12/200602/06/2010
Ulrik JensenChair of the board22/12/200631/12/2013
Ivan TyrstedBoard member22/12/200602/12/2009
Søren HebsgaardBoard member22/05/200810/08/2013
Uffe KroghBoard member02/06/201019/04/2012
Mads TranselBoard member10/08/201331/12/2014
Søren BechmannBoard member10/08/201331/12/2014
Rami Jamal IsmailBoard member06/01/202231/12/2024

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Njalsgade 76
2300 København S

København Municipality · Postcode 2300

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
TEO A/SNjalsgade 76, 4, 2300 København S71011950333

Purpose

Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil

The purpose is quoted from the register in Danish.

Changes year by year

48 registered events
20264 changesmanagement 2 · accounts 1 · name 1
  • Kenneth Kurt Hallingskov appointed ceo
  • Zahid Abdullah stepped down as director
  • Annual report for 2025 published
  • Name changed from TALENTED EARTH ORGANIZATION A/S to TEO A/S
20251 changeaccounts 1
  • Annual report for 2024 published
20242 changesmanagement 1 · accounts 1
  • Rami Jamal Ismail stepped down as board member
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20224 changesaddress 1 · accounts 1 · management 2
  • Moved to Njalsgade 76, 4, 2300 København S
  • Annual report for 2021 published
  • Claus Østergaard Pedersen appointed board member
  • Rami Jamal Ismail appointed board member
20211 changeaccounts 1
  • Annual report for 2020 published
20184 changescapital 1 · ownership 3
  • Share capital changed from 685,362 DKK to 500,000 DKK
  • ZAB HOLDING ApS registered as owner (90%)
  • TEO A/S is no longer registered as owner
  • ZAB HOLDING ApS is no longer registered as owner
20172 changescapital 1 · address 1
  • Share capital changed from 574,000 DKK to 685,362 DKK
  • Moved to Njalsgade 76, 4, 2300 København S
20151 changemanagement 1
  • Mads Transel appointed chair of the board
20142 changesmanagement 2
  • Mads Transel stepped down as board member
  • Søren Bechmann stepped down as board member
20137 changesmanagement 4 · ownership 2 · address 1
  • Ulrik Jensen stepped down as chair of the board
  • ZAB HOLDING ApS registered as owner (50%)
  • TEO A/S registered as owner (25%)
  • Mads Transel appointed board member
  • Søren Bechmann appointed board member
  • Søren Hebsgaard stepped down as board member
  • Moved to Amagerfælledvej 56, 20, 2300 København S
20121 changemanagement 1
  • Uffe Krogh stepped down as board member
20103 changesmanagement 2 · address 1
  • Uffe Krogh appointed board member
  • Anders Wall stepped down as board member
  • Moved to Rued Langgaards Vej 7, 5, 2300 København S
20091 changemanagement 1
  • Ivan Tyrsted stepped down as board member
20082 changesmanagement 1 · industry 1
  • Søren Hebsgaard appointed board member
  • Industry changed to Computerprogrammering (620100)
20072 changesaddress 1 · capital 1
  • Moved to Diplomvej 373, 2800 Kgs. Lyngby
  • Share capital changed from 545,000 DKK to 574,000 DKK
20068 changesname 2 · capital 1 · management 4 · address 1
  • Name changed from TALENTED EARTH ORGANIZATION ApS to TALENTED EARTH ORGANIZATION A/S
  • Share capital changed from 125,000 DKK to 545,000 DKK
  • Ivan Tyrsted appointed board member
  • Ulrik Jensen appointed chair of the board
  • Zahid Abdullah appointed board member
  • Anders Wall appointed board member
  • Moved to Tuborg Boulevard 12, 3, 2900 Hellerup
  • Name changed from BEST TECHNOLOGIES ApS to TALENTED EARTH ORGANIZATION ApS
20052 changesfounded 1 · management 1
  • Registered as BEST TECHNOLOGIES ApS
  • Zahid Abdullah appointed director

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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