Ugly Duckling Holding ApS
Private limited companyCVR 35646507GaltenActive
Ugly Duckling Holding ApS is a private limited company, based in Galten, active in computer programming activities, founded in 2014. Equity was negative at the end of 2025 (−DKK 186k). The company made a loss in both 2024 and 2025, most recently DKK 17,877.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss got smaller: from DKK 18,302 to DKK 17,877 (2024 → 2025).
Management and owners, last 24 months
- New owners registered: Learning Revolution ApS (14/08/2025) and Gamecraft Holding ApS (14/08/2025).
- No longer registered as owner: Learning Revolution ApS (13/08/2025) and Gamecraft Holding ApS (13/08/2025).
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 2018–2025 · amounts in DKK thousandEquity and net profit
| 2018 | 2019 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 466 | 607 | −14 | −14 | −0.5% |
| Operating profit (EBIT) | 117 | 39 | −14 | −14 | −0.5% |
| Profit before tax | 117 | 37 | −18 | – | – |
| Net profit | 91 | 29 | −18 | −18 | +2.3% |
| Total assets | 262 | 260 | 2 | 1 | −56.5% |
| Equity | 145 | 95 | −169 | −186 | −10.6% |
| Liabilities | 117 | 165 | 170 | 187 | +9.9% |
| Cash and cash equivalents | 200 | 171 | 2 | 1 | −56.5% |
| Average number of employees | – | 2 | – | 1 | – |
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 2018, 2019, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 186k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more 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
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 28/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 18/06/2025 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 21/04/2020 | The company | PDFXBRL |
| 2018 | 01/01/2018 – 31/12/2018 | 15/05/2019 | 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
1,661 companies in the databaseComparison with the other companies in computer programming activities based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 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. 63,794of 69,742 Better than 9% | No. 63,487of 69,964 Better than 9% |
| Same industry and fewer than 20 employees1,365 companies in the comparison | No. 1,226of 1,363 Better than 10% | No. 1,128of 1,365 Better than 17% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 31,488of 33,588 Better than 6% | No. 29,956of 33,687 Better than 11% |
| All companies of type ApS66,508 companies in the comparison | No. 61,332of 66,379 Better than 8% | No. 59,866of 66,505 Better than 10% |
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- Ugly Duckling Holding ApS−DKK 14,474
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- Ugly Duckling Holding ApS−DKK 17,877
- Stibo Systems A/SDKK 155.9m
- Trackunit ApSDKK 206.3m
- Ugly Duckling Holding ApS−DKK 186k
- Stibo Systems A/SDKK 309.7m
- Trackunit ApSDKK 1.7bn
- Ugly Duckling Holding ApS3
- Stibo Systems A/S201
- 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- Spearheader ApS15%
- Learning Revolution ApS66.67%
- Gamecraft Holding ApS5%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Tore Neergaard Kjellow | CEO | 18/09/2023 |
- Founders
- Spearheader ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lars Kroll Kristensen | Director | 22/01/2014 | 18/09/2023 |
Signing rule: Selskabet tegnes af 1 direktør
Address and production units
1 active production unitsUdsigten 13
8464 Galten
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Ugly Duckling Holding ApS | Udsigten 13, Sjelle, 8464 Galten | 3 | 1019068869 |
Purpose
Selskabets formål er at fungere som holdingselskab samt anden hermed beslægtet virksomhed efter ledelsens skøn.
The purpose is quoted from the register in Danish.
Changes year by year
29 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20255 changesownership 4 · accounts 1
- OwnershipLearning Revolution ApS registered as owner (66.67%)
- OwnershipGamecraft Holding ApS registered as owner (5%)
- OwnershipLearning Revolution ApS is no longer registered as owner
- OwnershipGamecraft Holding ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
20239 changesownership 6 · address 1 · management 2
- OwnershipLearning Revolution ApS registered as owner (66.67%)
- OwnershipGamecraft Holding ApS registered as owner (15%)
- OwnershipSPEARHEADER ApS registered as owner (15%)
- OwnershipGamecraft Holding ApS is no longer registered as owner
- OwnershipSPEARHEADER ApS is no longer registered as owner
- OwnershipLearning Revolution ApS is no longer registered as owner
- AddressMoved to Udsigten 13, Sjelle, 8464 Galten
- ManagementTore Neergaard Kjellow appointed ceo
- ManagementLars Kroll Kristensen stepped down as director
20213 changesname 1 · ownership 2
- NameName changed from Ugly Duckling Games ApS to Ugly Duckling Holding ApS
- OwnershipGamecraft Holding ApS registered as owner (33.33%)
- OwnershipPelle Sølvkjær Christensen is no longer registered as owner
20201 changeaccounts 1
- AccountsAnnual report for 2019 published
20196 changesname 1 · ownership 4 · accounts 1
- NameName changed from RATATOSK GAMES ApS to Ugly Duckling Games ApS
- OwnershipSPEARHEADER ApS registered as owner (33.33%)
- OwnershipPelle Sølvkjær Christensen registered as owner (33.33%)
- OwnershipLearning Revolution ApS registered as owner (33.33%)
- OwnershipSPEARHEADER ApS is no longer registered as owner
- AccountsAnnual report for 2018 published
20181 changeaddress 1
- AddressMoved to Elverdalsvej 44A, 8270 Højbjerg
20143 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as RATATOSK GAMES ApS
- ManagementLars Kroll Kristensen appointed director
- OwnershipSPEARHEADER ApS registered as owner (100%)
Related companies
Same industry in Skanderborg
- Al Dente Software A/S31 employees
- Remoni A/S31 employees
- Plsp A/S31 employees
- Thvilum A/S17 employees
- Neurospace ApS11 employees
- Frigg Tech A/S9 employees
Same people in management
- Unity Technologies ApSvia Lars Kroll Kristensen
Largest in the industry
- Stibo Systems A/SDKK 916.6m
- Trackunit ApSDKK 897.1m
- twoday Danmark A/SDKK 672.1m
- SAS Institute A/SDKK 544.2m
- Dalux ApSDKK 505m
- Fellowmind Denmark A/SDKK 480m
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.