Visblue A/S
Public limited companyCVR 36427957Aarhus VActive
Visblue A/S is a public limited company, based in Aarhus V, active in other technical consultancy, founded in 2014. Equity was negative at the end of 2025 (−DKK 5.9m). The company made a loss in both 2024 and 2025, most recently DKK 8.2m. With 15 employees, the company is about 8 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 78% (2024 → 2025), to DKK 2.9m.
- The loss got smaller: from DKK 11.3m to DKK 8.2m (2024 → 2025).
- Equity turned negative: −DKK 5.9m (2024 → 2025).
Employees
- 5 fewer employees than a year earlier: 15 (07/2026) against 20 (07/2025).
Management and owners, last 24 months
- New in management: Martin Gordon Andersen (ceo, 01/04/2025) and Poul Bøje Schou (ceo, 17/01/2025).
- Stepped down: Søren Skovgaard Bødker (ceo, 17/01/2025), Peter Aaby Smith (board member, 25/06/2026) and Poul Bøje Schou (ceo, 31/03/2025).
- New owners registered: Kick Green Invest ApS (11/12/2024) and Enemærket Holding ApS (14/08/2026).
- No longer registered as owner: Mbm944 Holding ApS (11/12/2024), Ssb Holding 2014 ApS (11/12/2024) and Pa Smith ApS (11/12/2024) (+4).
Registrations, last 24 months
- 25/06/2026: Share capital changed from 1,341,168 DKK to 1,941,168 DKK
- 01/04/2025: Moved to Bautavej 1A, Hasle, 8210 Aarhus V
- 28/01/2025: Moved to Bautavej 1A, Hasle, 8210 Aarhus V
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,911 | 2,629 | 8,045 | 2,609 | 1,610 | 2,865 | +78% |
| Operating profit (EBIT) | −3,743 | −3,815 | 641 | −5,986 | −9,209 | −9,014 | +2.1% |
| Profit before tax | −801 | −3,736 | 617 | −6,045 | −10,320 | −10,345 | −0.2% |
| Net profit | −296 | −2,500 | 895 | −4,507 | −11,284 | −8,188 | +27.4% |
| Total assets | 22,218 | 26,736 | 33,831 | 37,558 | 36,260 | 31,580 | −12.9% |
| Equity | 3,582 | 3,529 | 9,680 | 6,085 | 2,258 | −5,930 | −362.6% |
| Liabilities | 17,237 | 21,775 | 22,857 | 30,574 | 32,150 | 36,261 | +12.8% |
| Cash and cash equivalents | 1,910 | 361 | 2,491 | 918 | 525 | 472 | −10.1% |
| Average number of employees | 7 | 7 | 11 | 12 | 13 | 14 | +7.7% |
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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 5.9m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 3 years in a row
Net result has been negative in 2023–2025.
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
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 01/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 25/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 10/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 02/03/2021 | 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
440 companies in the databaseComparison with the other companies in other technical consultancy based on the latest financial year.
Industry median: gross profit DKK 1.9m, net profit DKK 210k, equity DKK 874k, 2 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. 23,569of 69,742 Better than 66% | No. 69,298of 69,964 Better than 1% |
| Same industry and fewer than 20 employees396 companies in the comparison | No. 123of 396 Better than 69% | No. 390of 396 Better than 2% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 13,520of 33,588 Better than 60% | No. 33,161of 33,687 Better than 2% |
| All companies of type A/S18,025 companies in the comparison | No. 13,776of 17,786 Better than 23% | No. 17,712of 18,024 Better than 2% |
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
Other technical consultancy- Visblue A/SDKK 2.9m
- Nordomatic A/SDKK 172.8m
- NRGi Rådgivning A/SDKK 113.6m
- Visblue A/S−DKK 8.2m
- Nordomatic A/SDKK 37.7m
- NRGi Rådgivning A/S−DKK 26.3m
- Visblue A/S−DKK 5.9m
- Nordomatic A/SDKK 102.5m
- NRGi Rådgivning A/SDKK 28.6m
- Visblue A/S15
- Nordomatic A/S173
- NRGi Rådgivning A/S183
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Kick Green Invest ApS10%
- Enemærket Holding ApS66.67%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Gordon Andersen | CEO | 01/04/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Anders Bentien | Board member | 18/12/2014 |
| Kim Gardø Christensen | Board member | 11/12/2017 |
| Jesper Andersen | Board member | 20/08/2018 |
| Ole Lysgård Madsen | Chair of the board | 09/07/2020 |
- Founders
- Mbm944 Holding ApS, Bentien Holding ApS, Ssb Holding 2014 ApS, Adélio Miguel Magalhães Mendes
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Morten Brun Madsen | Director | 24/10/2014 | 18/12/2014 |
| Anders Bentien | Director | 24/10/2014 | 18/12/2014 |
| Adélio Miguel Magalhães Mendes | Director | 24/10/2014 | 18/12/2014 |
| Morten Bitsch Janik | Chair of the board | 18/12/2014 | 19/03/2018 |
| Søren Skovgaard Bødker | CEO | 18/12/2014 | 17/01/2025 |
| Mads Villefrance Salling-Mortensen | Board member | 18/12/2014 | 07/11/2019 |
| Søren Bøgesgaard Niebuhr | Chair of the board | 19/03/2018 | 09/07/2020 |
| Ole Lysgård Madsen | Board member | 07/11/2019 | 08/07/2020 |
| Peter Aaby Smith | Board member | 09/11/2020 | 25/06/2026 |
| Poul Bøje Schou | CEO | 17/01/2025 | 31/03/2025 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsBautavej 1A
8210 Aarhus V
Aarhus Municipality · Postcode 8210
Other companies at the address (8)
- Omsorg A/SGeneral cleaning of buildings
- Apator Miitors ApSResearch and experimental development on natural sciences and engineering
- Ngin A/SEngineering consultancy in production and mechanical engineering
- Circlia Nordic ApSManufacture of other special-purpose machinery n.e.c.
- NGIN Automation A/SManufacture of other special-purpose machinery n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Visblue A/S | Bautavej 1A, Hasle, 8210 Aarhus V | 14 | 1019874318 |
Purpose
Selskabets formål er at udvikle og kommercialisere batterier samt al virksomhed, som efter bestyrelsens skøn er beslægtet hermed.
The purpose is quoted from the register in Danish.
Changes year by year
104 registered events20265 changesownership 2 · accounts 1 · capital 1 · management 1
- OwnershipENEMÆRKET HOLDING ApS registered as owner (66.67%)
- OwnershipENEMÆRKET HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 1,341,168 DKK to 1,941,168 DKK
- ManagementPeter Aaby Smith stepped down as board member
20257 changesaccounts 1 · address 2 · management 4
- AccountsAnnual report for 2024 published
- AddressMoved to Bautavej 1A, Hasle, 8210 Aarhus V
- ManagementMartin Gordon Andersen appointed ceo
- ManagementPoul Bøje Schou stepped down as ceo
- AddressMoved to Bautavej 1A, Hasle, 8210 Aarhus V
- ManagementPoul Bøje Schou appointed ceo
- ManagementSøren Skovgaard Bødker stepped down as ceo
202410 changesownership 7 · capital 2 · accounts 1
- OwnershipKick Green Invest ApS registered as owner (10%)
- OwnershipLM CONSULT ApS is no longer registered as owner
- OwnershipBENTIEN HOLDING ApS is no longer registered as owner
- OwnershipPA SMITH ApS is no longer registered as owner
- OwnershipSSB HOLDING 2014 Aps is no longer registered as owner
- OwnershipMBM944 HOLDING ApS is no longer registered as owner
- OwnershipKick Green Invest ApS is no longer registered as owner
- CapitalShare capital changed from 958,872 DKK to 1,341,168 DKK
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 933,881 DKK to 958,872 DKK
20236 changesaddress 1 · capital 2 · ownership 2 · accounts 1
- AddressMoved to Bautavej 1A, Hasle, 8210 Aarhus V
- CapitalShare capital changed from 802,807 DKK to 933,881 DKK
- CapitalShare capital changed from 636,651 DKK to 802,807 DKK
- OwnershipENEMÆRKET HOLDING ApS registered as owner (50%)
- OwnershipENEMÆRKET HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
20225 changesaddress 1 · accounts 1 · capital 1 · ownership 2
- AddressMoved to Bautavej 1A, Hasle, 8210 Aarhus V
- AccountsAnnual report for 2021 published
- CapitalShare capital changed from 571,151 DKK to 636,651 DKK
- OwnershipLM CONSULT ApS registered as owner (5%)
- OwnershipAdélio Miguel Magalhães Mendes is no longer registered as owner
202111 changescapital 1 · ownership 9 · accounts 1
- CapitalShare capital changed from 481,303 DKK to 571,151 DKK
- OwnershipENEMÆRKET HOLDING ApS registered as owner (33.33%)
- OwnershipKick Green Invest ApS registered as owner (15%)
- OwnershipBENTIEN HOLDING ApS registered as owner (5%)
- OwnershipPA SMITH ApS registered as owner (5%)
- OwnershipLM CONSULT ApS is no longer registered as owner
- OwnershipENEMÆRKET HOLDING ApS is no longer registered as owner
- OwnershipKick Green Invest ApS is no longer registered as owner
- OwnershipPA SMITH ApS is no longer registered as owner
- OwnershipBENTIEN HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2020 published
202014 changesmanagement 4 · capital 2 · ownership 7 · name 1
- ManagementPeter Aaby Smith appointed board member
- CapitalShare capital changed from 400,000 DKK to 481,303 DKK
- ManagementOle Lysgård Madsen appointed chair of the board
- ManagementSøren Bøgesgaard Niebuhr stepped down as chair of the board
- OwnershipENEMÆRKET HOLDING ApS registered as owner (25%)
- OwnershipKick Green Invest ApS registered as owner (15%)
- OwnershipLM CONSULT ApS registered as owner (5%)
- OwnershipPA SMITH ApS registered as owner (5%)
- OwnershipUddannelses- og Forskningsstyrelsen is no longer registered as owner
- ManagementOle Lysgård Madsen stepped down as board member
- OwnershipENEMÆRKET HOLDING ApS is no longer registered as owner
- NameName changed from Visblue ApS to Visblue A/S
- CapitalShare capital changed from 122,171 DKK to 400,000 DKK
- OwnershipSOKI HOLDING ApS is no longer registered as owner
20192 changesmanagement 2
- ManagementOle Lysgård Madsen appointed board member
- ManagementMads Villefrance Salling-Mortensen stepped down as board member
201810 changescapital 3 · management 3 · ownership 4
- CapitalShare capital changed from 111,827 DKK to 122,171 DKK
- CapitalShare capital changed from 104,838 DKK to 111,827 DKK
- ManagementJesper Andersen appointed board member
- OwnershipENEMÆRKET HOLDING ApS registered as owner (5%)
- CapitalShare capital changed from 92,508 DKK to 104,838 DKK
- OwnershipSOKI HOLDING ApS registered as owner (10%)
- OwnershipBOREAN INNOVATION A/S is no longer registered as owner
- OwnershipSOKI HOLDING ApS is no longer registered as owner
- ManagementSøren Bøgesgaard Niebuhr appointed chair of the board
- ManagementMorten Bitsch Janik stepped down as chair of the board
201713 changescapital 1 · management 1 · ownership 11
- CapitalShare capital changed from 73,261 DKK to 92,508 DKK
- ManagementKim Gardø Christensen appointed board member
- OwnershipAdélio Miguel Magalhães Mendes registered as owner (5%)
- OwnershipSSB HOLDING 2014 Aps registered as owner (5%)
- OwnershipSOKI HOLDING ApS registered as owner (5%)
- OwnershipBENTIEN HOLDING ApS registered as owner (10%)
- OwnershipMBM944 HOLDING ApS registered as owner (5%)
- OwnershipAdélio Miguel Magalhães Mendes is no longer registered as owner
- OwnershipSSB HOLDING 2014 Aps is no longer registered as owner
- OwnershipBENTIEN HOLDING ApS is no longer registered as owner
- OwnershipMBM944 HOLDING ApS is no longer registered as owner
- OwnershipUddannelses- og Forskningsstyrelsen registered as owner (20%)
- OwnershipStyrelsen for Forskning og Uddannelse is no longer registered as owner
20163 changesaddress 1 · name 1 · capital 1
- AddressMoved to Bautavej 1A, Hasle, 8210 Aarhus V
- NameName changed from FRE3NERGY ApS to Visblue ApS
- CapitalShare capital changed from 71,430 DKK to 73,261 DKK
201418 changescapital 1 · management 10 · ownership 6 · founded 1
- CapitalShare capital changed from 50,000 DKK to 71,430 DKK
- ManagementAnders Bentien appointed board member
- ManagementMads Villefrance Salling-Mortensen appointed board member
- ManagementSøren Skovgaard Bødker appointed ceo
- ManagementMorten Bitsch Janik appointed chair of the board
- ManagementMorten Brun Madsen stepped down as director
- ManagementAdélio Miguel Magalhães Mendes stepped down as director
- ManagementAnders Bentien stepped down as director
- OwnershipBOREAN INNOVATION A/S registered as owner (5%)
- OwnershipAdélio Miguel Magalhães Mendes registered as owner (15%)
- OwnershipSSB HOLDING 2014 Aps registered as owner (15%)
- OwnershipBENTIEN HOLDING ApS registered as owner (15%)
- OwnershipMBM944 HOLDING ApS registered as owner (15%)
- OwnershipStyrelsen for Forskning og Uddannelse registered as owner (20%)
- FoundedRegistered as FRE3NERGY ApS
- ManagementMorten Brun Madsen appointed director
- ManagementAdélio Miguel Magalhães Mendes appointed director
- ManagementAnders Bentien appointed director
Related companies
Same industry in Aarhus
- Transition ApS42 employees
- New Power Partners ApS37 employees
- Ejlskov A/S23 employees
- Exigo A/S21 employees
- Botjek Center Østjylland ApS10 employees
- Our New Energy Consulting ApS10 employees
Same people in management
- Viktech P/Svia Ole Lysgård Madsen
- Advansor A/Svia Kim Gardø Christensen
- Rambøll Management Consulting A/Svia Jesper Andersen
- Palsgaard Spær A/Svia Morten Bitsch Janik
- Niebuhr Gears A/Svia Søren Bøgesgaard Niebuhr
- Gandrup Element A/Svia Morten Bitsch Janik
Largest in the industry
- Nordomatic A/SDKK 172.8m
- NRGi Rådgivning A/SDKK 113.6m
- Viegand Maagøe A/SDKK 90.1m
- Dall Energy ApSDKK 86.9m
- Ce-tec A/SDKK 76m
- New Power Partners ApSDKK 66m
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.