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Valhal Connect Holding ApS

Private limited companyCVR 40435689AalborgActive

Valhal Connect Holding ApS is a private limited company, based in Aalborg, active in computer programming activities, founded in 2019. Equity was negative at the end of 2025 (−DKK 219k). The company went from a profit in 2024 to a loss of DKK 12,535 in 2025. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 8,942−3.9% vs. 2024
Net profit−DKK 12,535−156.5% vs. 2024
Equity−DKK 219k−6.1% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit went from a profit of DKK 22,201 to a loss of DKK 12,535 (2024 → 2025).

Employees

  • 2 more employees than a year earlier: 5 (12/2020) against 3 (12/2019).

Management and owners, last 24 months

  • Stepped down: Martin Barner Jensen (director, 30/09/2025).

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 thousand

Equity and net profit

−DKK 2.5m−DKK 2m−DKK 1.5m−DKK 1m−DKK 500kDKK 0202020212022202320242025
EquityNet profit
Financial figures for Valhal Connect Holding ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−175−34––−9−9−3.9%
Operating profit (EBIT)−2,540−34−26−129−9−130.8%
Profit before tax−2,613−468−31−728−16−156.5%
Net profit−2,011−463−24−522−13−156.5%
Total assets3,5032999199198−0.3%
Equity169−200−224−229−207−219−6.1%
Liabilities3,009229232237406417+2.9%
Cash and cash equivalents0–1702+236.2%
Average number of employees400000–

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

  • Negative equity

    Equity was −DKK 219k at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 Valhal Connect Holding ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202417/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202312/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202225/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202125/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202015/01/2021The 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
01234510/1911/1912/1901/2002/2003/2004/2005/2006/2007/2008/2009/2010/2011/2012/20
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 profit−DKK 8,942No. 1497 of 1,656
Better than 10% of the companies in the industry
Equity−DKK 219kNo. 1398 of 1,661
Better than 16% of the companies in the industry
Number of employees5No. 1547 of 1,661
Better than 7% 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. 63,517of 69,742
Better than 9%
No. 63,823of 69,964
Better than 9%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 1,218of 1,363
Better than 11%
No. 1,139of 1,365
Better than 17%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 31,350of 33,588
Better than 7%
No. 30,121of 33,687
Better than 11%
All companies of type ApS66,508 companies in the comparison
No. 61,055of 66,379
Better than 8%
No. 60,217of 66,505
Better than 9%

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. Valhal Connect Holding ApS−DKK 8,942
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Valhal Connect Holding ApS−DKK 12,535
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Valhal Connect Holding ApS−DKK 219k
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Valhal Connect Holding ApS5
  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
  • Valhal Group A/S66.67% · 100% votes
  • Waffel Holding ApS5% · 0% votes
  • AK Lindholt Holding ApS5% · 0% votes
  • aDitlev Holding ApS5% · 0% votes
Valhal Connect Holding ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

1 active registrations

Executive management

Executive management at Valhal Connect Holding ApS
NameRoleAppointed
Conny Merethe LindholtDirector10/04/2019
Founders
Conny Merethe Lindholt
Former management (1)
Former management at Valhal Connect Holding ApS
NameRoleAppointedResigned
Martin Barner JensenDirector01/07/202230/09/2025

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Alexander Foss Gade 9
9000 Aalborg

Aalborg Municipality · Postcode 9000

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
Valhal Connect Holding ApSAlexander Foss Gade 9, 3, 9000 Aalborg51024607549

Purpose

Selskabets formål er at drive virksomhed som holdingselskab samt gennem datterselskaber at drive produktion, handel og investering

The purpose is quoted from the register in Danish.

Changes year by year

36 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesmanagement 1 · accounts 1
  • Martin Barner Jensen stepped down as director
  • Annual report for 2024 published
20242 changesaddress 1 · accounts 1
  • Moved to Alexander Foss Gade 9, 3, 9000 Aalborg
  • Annual report for 2023 published
20232 changesaddress 1 · accounts 1
  • Moved to Jernbanegade 12, 9800 Hjørring
  • Annual report for 2022 published
20224 changesaddress 1 · management 1 · ownership 1 · accounts 1
  • Moved to Gasværksvej 4, 2, 9000 Aalborg
  • Martin Barner Jensen appointed director
  • A. Verwohlt Holding ApS is no longer registered as owner
  • Annual report for 2021 published
20212 changesaccounts 1 · address 1
  • Annual report for 2020 published
  • Moved to Gasværksvej 4, 2, 9000 Aalborg
202012 changesname 1 · capital 1 · ownership 10
  • Name changed from Valhal Connect ApS to Valhal Connect Holding ApS
  • Share capital changed from 85,000 DKK to 185,000 DKK
  • aDitlev Holding ApS registered as owner (5%)
  • A. Verwohlt Holding ApS registered as owner (5%)
  • Waffel Holding ApS registered as owner (5%)
  • AK Lindholt Holding ApS registered as owner (5%)
  • Anders Ditlev Pedersen is no longer registered as owner
  • AK Lindholt Holding ApS is no longer registered as owner
  • Waffel Holding ApS is no longer registered as owner
  • A. Verwohlt Holding ApS is no longer registered as owner
  • Valhal Group A/S registered as owner (66.67%)
  • Conny Merethe Lindholt is no longer registered as owner
201911 changescapital 1 · ownership 7 · address 1 · founded 1 · management 1
  • Share capital changed from 51,000 DKK to 85,000 DKK
  • AK Lindholt Holding ApS registered as owner (10%)
  • Conny Merethe Lindholt registered as owner (50%)
  • Anders Ditlev Pedersen registered as owner (10%)
  • Waffel Holding ApS registered as owner (10%)
  • A. Verwohlt Holding ApS registered as owner (10%)
  • Conny Merethe Lindholt is no longer registered as owner
  • Moved to Strømgade 4C, 1. tv, 9800 Hjørring
  • Registered as Valhal Connect ApS
  • Conny Merethe Lindholt appointed director
  • Conny Merethe Lindholt registered as owner (100%)

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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