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Velos IoT Denmark ApS

Private limited companyCVR 33362099København SActive

Velos IoT Denmark ApS is a private limited company, based in København S, active in computer programming activities, founded in 2010. Net profit fell 45% from 2024 to 2025, ending at DKK 4.4m. With 13 employees, the company is about 3 times larger than the industry median. Gross profit is higher than that of 87% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 21.8m−26.8% vs. 2024
Net profitDKK 4.4m−44.9% vs. 2024
EquityDKK 41.8m+11.7% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 27% (2024 → 2025), to DKK 21.8m.
  • Net profit fell 45% (2024 → 2025), to DKK 4.4m.
  • Equity rose 12% (2024 → 2025), to DKK 41.8m.

Employees

  • 4 fewer employees than a year earlier: 13 (08/2026) against 17 (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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Velos IoT Denmark ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit24,37827,17328,87631,82029,76121,777−26.8%
Operating profit (EBIT)3,2503,357–10,58910,5305,834−44.6%
Profit before tax3,2043,2689,58410,39410,2745,688−44.6%
Net profit2,5342,5467,4758,0657,9834,396−44.9%
Total assets15,55817,89251,91583,871109,564129,907+18.6%
Equity11,37513,92121,39629,46037,44341,839+11.7%
Liabilities3,2523,124–53,68371,44187,586+22.6%
Cash and cash equivalents2,7991,5921,3902,126681379−44.4%
Average number of employees272623,000222116−23.8%

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
Gross profitMedian, the industry (1,661 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 Velos IoT Denmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202513/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/07/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202104/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/03/2021The 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
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 21.8mNo. 219 of 1,656
Better than 87% of the companies in the industry
EquityDKK 41.8mNo. 88 of 1,661
Better than 95% of the companies in the industry
Number of employees13No. 313 of 1,661
Better than 81% 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. 1,332of 69,742
Better than 98%
No. 3,518of 69,964
Better than 95%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 30of 1,363
Better than 98%
No. 23of 1,365
Better than 98%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,137of 24,791
Better than 87%
No. 2,676of 24,909
Better than 89%
All companies of type ApS66,508 companies in the comparison
No. 2,192of 66,379
Better than 97%
No. 2,427of 66,505
Better than 96%

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. Velos IoT Denmark ApSDKK 21.8m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Velos IoT Denmark ApSDKK 4.4m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Velos IoT Denmark ApSDKK 41.8m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Velos IoT Denmark ApS13
  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
  • Velos IoT Jersey Limited100%
Velos IoT Denmark ApS

Management

4 active registrations

Executive management

Executive management at Velos IoT Denmark ApS
NameRoleAppointed
Rune Windfeld BundesenDirector08/12/2010

Board of directors

Board of directors at Velos IoT Denmark ApS
NameRoleAppointed
Rune Windfeld BundesenBoard member15/07/2021
Benjamin Charles HudsonBoard member26/02/2024
Colin ChewChair of the board26/02/2024
Auditor
Lægård Revision Statsautoriseret revisionsfirma
Founders
Tenura ApS
Former management (11)
Former management at Velos IoT Denmark ApS
NameRoleAppointedResigned
Jakob NilssonBoard member08/12/201017/08/2018
Jakob NilssonDirector08/12/201001/07/2015
Rune Windfeld BundesenBoard member08/12/201017/08/2018
Jon Windfeld BundesenChair of the board08/12/201017/08/2018
Thomas Güllich Kofoed LarsenBoard member08/12/201017/08/2018
Claes Christian HougaardBoard member08/12/201017/08/2018
Thomas Robert NoelBoard member19/10/201615/07/2021
Graeme Drostan MillarBoard member17/08/201814/03/2024
John Michael KentBoard member17/08/201818/05/2020
Daragh Joseph McDermottBoard member17/08/201816/03/2020
Hélène Marie Jeanne NarcyBoard member18/05/202015/07/2021

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør alene.

Address and production units

1 active production units

Kay Fiskers Plads 9
2300 København S

København Municipality · Postcode 2300

Production units
Production unitAddressEmployeesP number
Velos IoT Denmark ApSKay Fiskers Plads 9, 5, 2300 København S131016496746

Purpose

Selskabets formål er at beskæftige sig med udvikling, rådgivning, undervisning, produktion, salg og investering af/i It-tjenester og produkter.

The purpose is quoted from the register in Danish.

Changes year by year

51 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20244 changesaccounts 1 · management 3
  • Annual report for 2023 published
  • Graeme Drostan Millar stepped down as board member
  • Colin Chew appointed chair of the board
  • Benjamin Charles Hudson appointed board member
20233 changesaddress 1 · accounts 1 · name 1
  • Moved to Kay Fiskers Plads 9, 5, 2300 København S
  • Annual report for 2022 published
  • Name changed from JT Denmark ApS to Velos IoT Denmark ApS
20221 changeaccounts 1
  • Annual report for 2021 published
20216 changesmanagement 3 · accounts 1 · ownership 2
  • Rune Windfeld Bundesen appointed board member
  • Hélène Marie Jeanne Narcy stepped down as board member
  • Thomas Robert Noel stepped down as board member
  • Annual report for 2020 published
  • Velos IoT Jersey Limited registered as owner (100%)
  • JT (Global) Limited is no longer registered as owner
20205 changesaddress 2 · management 3
  • Moved to Kay Fiskers Plads 9, 4, 2300 København S
  • Moved to Kay Fiskers Plads 9, 4, 2300 København S
  • Hélène Marie Jeanne Narcy appointed board member
  • John Michael Kent stepped down as board member
  • Daragh Joseph McDermott stepped down as board member
20192 changescapital 1 · merger 1
  • Share capital changed from 80,000 DKK to 81,000 DKK
  • Merger registered in CVR
201814 changesaddress 2 · name 1 · management 8 · ownership 3
  • Moved to Kay Fiskers Plads 9, 4, 2300 København S
  • Name changed from NEOCONSULT ApS to JT Denmark ApS
  • Moved to Ørestads Boulevard 73, 2300 København S
  • Graeme Drostan Millar appointed board member
  • John Michael Kent appointed board member
  • Daragh Joseph McDermott appointed board member
  • Rune Windfeld Bundesen stepped down as board member
  • Thomas Güllich Kofoed Larsen stepped down as board member
  • Jakob Nilsson stepped down as board member
  • Jon Windfeld Bundesen stepped down as chair of the board
  • Claes Christian Hougaard stepped down as board member
  • JT (Global) Limited registered as owner (100%)
  • TENURA ApS is no longer registered as owner
  • JT (Global) Limited is no longer registered as owner
20163 changesmanagement 1 · ownership 1 · name 1
  • Thomas Robert Noel appointed board member
  • JT (Global) Limited registered as owner (20%)
  • Name changed from NEOCONSULT 2010 ApS to NEOCONSULT ApS
20151 changemanagement 1
  • Jakob Nilsson stepped down as director
201010 changesaddress 1 · founded 1 · management 7 · ownership 1
  • Moved to Ørestads Boulevard 73, 2300 København S
  • Registered as NEOCONSULT 2010 ApS
  • Rune Windfeld Bundesen appointed board member
  • Jakob Nilsson appointed director
  • Thomas Güllich Kofoed Larsen appointed board member
  • Jakob Nilsson appointed board member
  • Jon Windfeld Bundesen appointed chair of the board
  • Claes Christian Hougaard appointed board member
  • Rune Windfeld Bundesen appointed director
  • TENURA ApS registered as owner (66.67%)

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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