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Veo Technologies ApS

Private limited companyCVR 37240834København ØActive

Veo Technologies ApS is a private limited company, based in København Ø, active in computer programming activities, founded in 2015. After a loss in 2024, the company made a profit of DKK 11.3m in 2025. Measured by gross profit, it ranks no. 9 of 1,656 companies in the industry in the database. With 319 employees, the company is about 80 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 593.5m+17.5% vs. 2024
Net profitDKK 11.3m+124.9% vs. 2024
EquityDKK 214.8m+3.9% vs. 2024
Employees319latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 20% (2024 → 2025), to DKK 331.8m.
  • Revenue rose 17% (2024 → 2025), to DKK 593.5m.
  • Net profit went from a loss of DKK 45.6m to a profit of DKK 11.3m (2024 → 2025).
  • Equity rose 4% (2024 → 2025), to DKK 214.8m.

Employees

  • 16 more employees than a year earlier: 319 (07/2026) against 303 (07/2025).

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 200m−DKK 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for Veo Technologies ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot stated505,297593,547+17.5%
Gross profit11,16319,81763,85091,302277,352331,757+19.6%
Operating profit (EBIT)−29,819–−147,276−170,519−41,5243,486+108.4%
Profit before tax−31,388−103,905−157,752−160,855−43,40217,299+139.9%
Net profit−29,617−97,617−153,985−158,278−45,55611,347+124.9%
Total assets221,536257,589862,145535,875549,582594,139+8.1%
Equity158,41760,904461,787249,496206,821214,831+3.9%
Liabilities62,119194,185395,531273,468333,023376,302+13%
Cash and cash equivalents175,82780,285455,159351,605292,540267,346−8.6%
Average number of employees57124213252290349+20.3%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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: 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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Annual reports

6 financial years
Annual reports for Veo Technologies ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202420/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202318/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202217/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202131/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202015/06/2021The groupPDFXBRL

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
05010015020025030008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 331.8mNo. 9 of 1,656
Better than 100% of the companies in the industry
EquityDKK 214.8mNo. 17 of 1,661
Better than 99% of the companies in the industry
Number of employees319No. 13 of 1,661
Better than 99% 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 200–499 employees796 companies in the comparison
No. 115of 763
Better than 85%
No. 258of 796
Better than 68%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 91of 33,588
Better than 100%
No. 386of 33,687
Better than 99%
All companies of type ApS66,508 companies in the comparison
No. 62of 66,379
Better than 100%
No. 547of 66,505
Better than 99%

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. Veo Technologies ApSDKK 331.8m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Veo Technologies ApSDKK 11.3m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Veo Technologies ApSDKK 214.8m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Veo Technologies ApS319
  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
  • Courtside Ventures II, L.P5%
  • Teisbæk Holding ApS5%
  • Chr. Augustinus Fabrikker Aktieselskab10%
  • ERDMANN Group ApS5%
  • SEED Capital Denmark III K/S15%
  • Primus Corpus ApS5%
  • Veo Angels ApS5%
  • Ventech Capital V S.L.P.10%
  • ATP Langsigtet Dansk Kapital K/S15%
Veo Technologies ApS

Management

7 active registrations

Executive management

Executive management at Veo Technologies ApS
NameRoleAppointed
Henrik Bjørn TeisbækCEO10/11/2015

Board of directors

Board of directors at Veo Technologies ApS
NameRoleAppointed
Ulla Brockenhuus-SchackBoard member10/05/2017
Lars ThinggaardChair of the board23/07/2019
Tero MennanderBoard member23/07/2019
Vasudev Badarinarayan KulkarniBoard member23/07/2019
Mark JohnstonBoard member23/12/2020
Anja Bach ErikssonBoard member20/05/2022
Founders
Teisbæk Holding ApS, Apparatus ApS, ERDMANN Group ApS
Former management (12)
Former management at Veo Technologies ApS
NameRoleAppointedResigned
Jesper Molbech TaxbølBoard member10/11/201501/11/2016
Henrik Bjørn TeisbækChair of the board10/11/201531/10/2016
Keld Erdmann ReinickeBoard member10/11/201531/10/2016
Peter Mühlendorph EgehovedBoard member15/12/201510/05/2017
Per ZachariassenBoard member01/11/201620/05/2022
Nikolaj ThomassenBoard member01/11/201609/04/2018
Christian Folden LundBoard member01/11/201623/07/2019
Henrik Bjørn TeisbækBoard member01/11/201623/07/2019
Keld Erdmann ReinickeChair of the board01/11/201622/07/2019
Filip DomagalaBoard member31/08/201831/12/2018
Keld Erdmann ReinickeBoard member23/07/201920/09/2023
Mikael Toxværd PetersenBoard member20/09/202328/09/2024

Signing rule: Selskabet tegnes af tre bestyrelsesmedlemmer eller af selskabets administrerende direktør og bestyrelsesformanden i forening.

Address and production units

1 active production units

Rovsingsgade 68
2100 København Ø

København Municipality · Postcode 2100

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Veo Technologies ApSRovsingsgade 68, 2100 København Ø3191020910778

Purpose

Selskabets formål er at skabe en platform til automatisk redigering og publisering af sportskampe.

The purpose is quoted from the register in Danish.

Changes year by year

100 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20244 changesmanagement 1 · accounts 1 · ownership 2
  • Mikael Toxværd Petersen stepped down as board member
  • Annual report for 2023 published
  • ATP Langsigtet Dansk Kapital K/S registered as owner (15%)
  • Arbejdsmarkedets Tillægspension is no longer registered as owner
20233 changesmanagement 2 · accounts 1
  • Mikael Toxværd Petersen appointed board member
  • Keld Erdmann Reinicke stepped down as board member
  • Annual report for 2022 published
202220 changescapital 1 · ownership 15 · accounts 1 · management 2 · address 1
  • Share capital changed from 156,106 DKK to 191,873 DKK
  • Ventech Capital V S.L.P. registered as owner (10%)
  • Veo Angels ApS registered as owner (5%)
  • Primus Corpus ApS registered as owner (5%)
  • SEED Capital Denmark III K/S registered as owner (15%)
  • ERDMANN Group ApS registered as owner (5%)
  • CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB registered as owner (10%)
  • Arbejdsmarkedets Tillægspension registered as owner (15%)
  • TEISBÆK HOLDING ApS registered as owner (5%)
  • CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB is no longer registered as owner
  • SEED Capital Denmark III K/S is no longer registered as owner
  • Veo Angels ApS is no longer registered as owner
  • Ventech Capital V S.L.P. is no longer registered as owner
  • TEISBÆK HOLDING ApS is no longer registered as owner
  • Primus Corpus ApS is no longer registered as owner
  • ERDMANN Group ApS is no longer registered as owner
  • Annual report for 2021 published
  • Anja Bach Eriksson appointed board member
  • Per Zachariassen stepped down as board member
  • Moved to Rovsingsgade 68, 2100 København Ø
20211 changeaccounts 1
  • Annual report for 2020 published
202017 changescapital 3 · management 1 · ownership 13
  • Share capital changed from 123,901 DKK to 156,106 DKK
  • Mark Johnston appointed board member
  • CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB registered as owner (10%)
  • SEED Capital Denmark III K/S registered as owner (20%)
  • Veo Angels ApS registered as owner (10%)
  • Ventech Capital V S.L.P. registered as owner (10%)
  • Courtside Ventures II, L.P registered as owner (5%)
  • SEED Capital Denmark III K/S is no longer registered as owner
  • Courtside Ventures II, L.P is no longer registered as owner
  • Ventech Capital V S.L.P. is no longer registered as owner
  • Veo Angels ApS is no longer registered as owner
  • Share capital changed from 123,635 DKK to 123,901 DKK
  • Share capital changed from 123,497 DKK to 123,635 DKK
  • SEED Capital Denmark III K/S registered as owner (15%)
  • SEED Capital Denmark III K/S is no longer registered as owner
  • Courtside Ventures II, L.P registered as owner (10%)
  • Courtside Manager LLC is no longer registered as owner
201913 changesaddress 1 · capital 2 · management 7 · ownership 3
  • Moved to Aldersrogade 6C, 4, 2100 København Ø
  • Share capital changed from 113,514 DKK to 123,497 DKK
  • Lars Thinggaard appointed chair of the board
  • Vasudev Badarinarayan Kulkarni appointed board member
  • Keld Erdmann Reinicke appointed board member
  • Tero Mennander appointed board member
  • Henrik Bjørn Teisbæk stepped down as board member
  • Christian Folden Lund stepped down as board member
  • Courtside Manager LLC registered as owner (10%)
  • Ventech Capital V S.L.P. registered as owner (10%)
  • PreSeed Ventures A/S is no longer registered as owner
  • Keld Erdmann Reinicke stepped down as chair of the board
  • Share capital changed from 77,039 DKK to 113,514 DKK
20184 changesmanagement 3 · name 1
  • Filip Domagala stepped down as board member
  • Filip Domagala appointed board member
  • Name changed from Sportcaster ApS to Veo Technologies ApS
  • Nikolaj Thomassen stepped down as board member
20175 changesaddress 1 · ownership 1 · capital 1 · management 2
  • Moved to Skyttegade 7, 3. tv, 2200 København N
  • SEED Capital Denmark III K/S registered as owner (20%)
  • Share capital changed from 62,514 DKK to 77,039 DKK
  • Ulla Brockenhuus-Schack appointed board member
  • Peter Mühlendorph Egehoved stepped down as board member
201620 changescapital 3 · management 8 · ownership 7 · address 2
  • Share capital changed from 54,860 DKK to 62,514 DKK
  • Henrik Bjørn Teisbæk appointed board member
  • Christian Folden Lund appointed board member
  • Keld Erdmann Reinicke appointed chair of the board
  • Nikolaj Thomassen appointed board member
  • Per Zachariassen appointed board member
  • Jesper Molbech Taxbøl stepped down as board member
  • Veo Angels ApS registered as owner (10%)
  • Keld Erdmann Reinicke stepped down as board member
  • Henrik Bjørn Teisbæk stepped down as chair of the board
  • TEISBÆK HOLDING ApS registered as owner (10%)
  • Primus Corpus ApS registered as owner (10%)
  • ERDMANN Group ApS registered as owner (10%)
  • TEISBÆK HOLDING ApS is no longer registered as owner
  • ERDMANN Group ApS is no longer registered as owner
  • Primus Corpus ApS is no longer registered as owner
  • Share capital changed from 54,117 DKK to 54,860 DKK
  • Moved to Rådmandsgade 10, 2200 København N
  • Moved to Gothersgade 156, kl. d, 1123 København K
  • Share capital changed from 52,059 DKK to 54,117 DKK
201511 changesownership 4 · capital 1 · management 5 · founded 1
  • TEISBÆK HOLDING ApS registered as owner (25%)
  • ERDMANN Group ApS registered as owner (25%)
  • Primus Corpus ApS registered as owner (25%)
  • PreSeed Ventures A/S registered as owner (5%)
  • Share capital changed from 50,000 DKK to 52,059 DKK
  • Peter Mühlendorph Egehoved appointed board member
  • Registered as Sportcaster ApS
  • Keld Erdmann Reinicke appointed board member
  • Henrik Bjørn Teisbæk appointed chair of the board
  • Henrik Bjørn Teisbæk appointed ceo
  • Jesper Molbech Taxbøl appointed board member

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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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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