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Visma e-conomic A/S

Public limited companyCVR 29403473København VActive

Visma e-conomic A/S is a public limited company, based in København V, active in other software publishing, founded in 2006. Net profit rose 19% from 2024 to 2025, ending at DKK 456.2m. Measured by gross profit, it ranks no. 2 of 494 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 1.1bn+16.9% vs. 2024
Net profitDKK 456.2m+19.2% vs. 2024
EquityDKK 471.5m+19.6% vs. 2024
Employees456latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 17% (2024 → 2025), to DKK 880.2m.
  • Revenue rose 17% (2024 → 2025), to DKK 1.1bn.
  • Net profit rose 19% (2024 → 2025), to DKK 456.2m.
  • Equity rose 20% (2024 → 2025), to DKK 471.5m.

Employees

  • 19 more employees than a year earlier: 456 (07/2026) against 437 (07/2025).

Management and owners, last 24 months

  • New in management: David Verhasselt (board member, 17/02/2025), Alicia Halaas (chair of the board, 12/01/2026) and Alicia Halaas (board member, 01/02/2025) (+1).
  • Stepped down: Ari-Pekka Salovaara (chair of the board, 12/01/2026), Valërija Makijenko (board member, 17/02/2025) and Ellen Katy P Sano (board member, 02/02/2026) (+3).

Registrations, last 24 months

  • 20/05/2026: Merger registered in CVR
  • 20/05/2026: Share capital changed from 1,100,000 DKK to 1,101,000 DKK

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 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for Visma e-conomic A/S
202020212022202320242025Change
Revenue438,218525,677634,887766,788911,5141,065,911+16.9%
Gross profit376,759439,895515,873636,325753,615880,239+16.8%
Operating profit (EBIT)250,358283,155318,341382,427476,226573,129+20.3%
Profit before tax250,296281,413316,465393,139490,572584,450+19.1%
Net profit195,200219,464246,741306,597382,620456,204+19.2%
Total assets297,646347,049597,158509,173593,761704,404+18.6%
Equity196,884226,348263,088329,685394,304471,507+19.6%
Liabilities99,158116,880330,456177,244196,787231,691+17.7%
Average number of employees230275324373372397+6.7%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 200mDKK 400mDKK 600mDKK 800m202020212022202320242025
Gross profitMedian, the industry (499 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 Visma e-conomic A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202520/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202011/05/2021The 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
010020030040050008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

499 companies in the database

Comparison with the other companies in other software publishing based on the latest financial year.

Gross profitDKK 880.2mNo. 2 of 494
Better than 100% of the companies in the industry
EquityDKK 471.5mNo. 5 of 499
Better than 99% of the companies in the industry
Number of employees456No. 4 of 499
Better than 99% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.

DKK 100kDKK 1.2mDKK 14.1mDKK 168.1mDKK 875.9mHere
Distribution of gross profit for 427 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. 21of 763
Better than 97%
No. 126of 796
Better than 84%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 62of 24,791
Better than 100%
No. 405of 24,909
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 164of 17,786
Better than 99%
No. 753of 18,024
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

Other software publishing
Gross profit
  1. Visma e-conomic A/SDKK 880.2m
  2. Milestone Systems A/SDKK 2bn
  3. Google Denmark ApSDKK 382m
Net profit
  1. Visma e-conomic A/SDKK 456.2m
  2. Milestone Systems A/SDKK 183.4m
  3. Google Denmark ApSDKK 82.2m
Equity
  1. Visma e-conomic A/SDKK 471.5m
  2. Milestone Systems A/SDKK 1.7bn
  3. Google Denmark ApSDKK 464.3m
Employees
  1. Visma e-conomic A/S456
  2. Milestone Systems A/S531
  3. Google Denmark ApS147

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
  • Visma Danmark Holding A/S100%
Visma e-conomic A/S

Management

5 active registrations

Executive management

Executive management at Visma e-conomic A/S
NameRoleAppointed
Karina WellendorphCEO01/05/2024

Board of directors

Board of directors at Visma e-conomic A/S
NameRoleAppointed
Martin Buch ThorborgBoard member13/01/2020
Tiina Elina HolmBoard member23/03/2023
David VerhasseltBoard member17/02/2025
Alicia HalaasChair of the board12/01/2026
Founders
E-conomic International A/S
Former management (32)
Former management at Visma e-conomic A/S
NameRoleAppointedResigned
Anders Hegelund BjørnsboDirector10/02/200617/03/2008
Lars AndersenDeputy chair10/02/200617/03/2008
Anders Hegelund BjørnsboChair of the board17/03/200811/07/2013
Jacob WandtBoard member17/03/200811/07/2013
Anders Kristian HansenBoard member17/03/200801/10/2008
Anders Kristian HansenDirector17/03/200801/10/2008
Torben Frigaard RasmussenBoard member01/10/200801/06/2014
Torben Frigaard RasmussenCEO01/10/200801/06/2014
Valentin Thore RinggårdBoard member11/07/201309/08/2018
Kim Sneum MadsenChair of the board11/07/201331/03/2014
Karen SlatfordChair of the board31/03/201407/07/2015
Mogens Munkholm ElsbergBoard member01/06/201407/07/2015
Mogens Munkholm ElsbergCEO01/06/201407/07/2015
Eilert Giertsen HanoaBoard member09/06/201509/08/2018
Eilert Giertsen HanoaCEO07/07/201501/03/2018
Eivind GundersenChair of the board07/07/201509/08/2018
Øystein MoanBoard member07/07/201513/01/2020
Mads Næss RebsdorfDirector15/05/201728/02/2018
Mads Næss RebsdorfCEO01/03/201801/11/2020
Steffen TorpChair of the board09/08/201813/01/2020
Yvette HoogewerfBoard member09/08/201813/01/2020
Carsten Boje MøllerBoard member18/02/201913/01/2020
Merete HvervenBoard member13/01/202014/02/2022
Ari-Pekka SalovaaraChair of the board13/01/202012/01/2026
Valërija MakijenkoBoard member13/01/202017/02/2025
Carsten Boje MøllerBoard member19/03/202014/02/2022
Lars EngborkCEO01/11/202001/05/2024
Christian Westlye LarsenBoard member04/01/202123/03/2023
Ellen Katy P SanoBoard member21/04/202202/02/2026
Tinus Alexander LystadBoard member23/03/202328/09/2026
Alicia HalaasBoard member01/02/202511/01/2026
Kasper LyhrBoard member12/01/202628/02/2026

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af 2 bestyrelsesmedlemmer i forening

Address and production units

3 active production units

Gærtorvet 3
1799 København V

København Municipality · Postcode 1799

Other companies at the address (8)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Visma e-conomic A/SGærtorvet 3, 1799 København V4521012084141
Visma e-conomic a/sAxel Kiers Vej 5A, 8270 Højbjerg71030668576
Visma e-conomic A/S / IT-SatellitTronholmen 3, 8960 Randers SØ21029481225

Purpose

Selskabets formål er at sælge og servicere ERP-software.

The purpose is quoted from the register in Danish.

Changes year by year

97 registered events
202610 changesmanagement 7 · capital 1 · merger 1 · accounts 1
  • Tinus Alexander Lystad stepped down as board member
  • Share capital changed from 1,100,000 DKK to 1,101,000 DKK
  • Merger registered in CVR
  • Annual report for 2025 published
  • Kasper Lyhr stepped down as board member
  • Ellen Katy P Sano stepped down as board member
  • Alicia Halaas appointed chair of the board
  • Kasper Lyhr appointed board member
  • Ari-Pekka Salovaara stepped down as chair of the board
  • Alicia Halaas stepped down as board member
20254 changesaccounts 1 · management 3
  • Annual report for 2024 published
  • David Verhasselt appointed board member
  • Valërija Makijenko stepped down as board member
  • Alicia Halaas appointed board member
20243 changesmanagement 2 · accounts 1
  • Karina Wellendorph appointed ceo
  • Lars Engbork stepped down as ceo
  • Annual report for 2023 published
20234 changesaccounts 1 · management 3
  • Annual report for 2022 published
  • Tiina Elina Holm appointed board member
  • Tinus Alexander Lystad appointed board member
  • Christian Westlye Larsen stepped down as board member
20224 changesaccounts 1 · management 3
  • Annual report for 2021 published
  • Ellen Katy P Sano appointed board member
  • Carsten Boje Møller stepped down as board member
  • Merete Hverven stepped down as board member
20214 changesaddress 2 · accounts 1 · management 1
  • Moved to Gærtorvet 3, 1799 København V
  • Annual report for 2020 published
  • Moved to Gærtorvet 3, 1799 København V
  • Christian Westlye Larsen appointed board member
202012 changesmanagement 11 · address 1
  • Lars Engbork appointed ceo
  • Mads Næss Rebsdorf stepped down as ceo
  • Moved to Langebrogade 1, 1411 København K
  • Carsten Boje Møller appointed board member
  • Merete Hverven appointed board member
  • Martin Buch Thorborg appointed board member
  • Valërija Makijenko appointed board member
  • Ari-Pekka Salovaara appointed chair of the board
  • Carsten Boje Møller stepped down as board member
  • Yvette Hoogewerf stepped down as board member
  • Steffen Torp stepped down as chair of the board
  • Øystein Moan stepped down as board member
20191 changemanagement 1
  • Carsten Boje Møller appointed board member
201810 changesmanagement 8 · capital 1 · merger 1
  • Yvette Hoogewerf appointed board member
  • Steffen Torp appointed chair of the board
  • Eivind Gundersen stepped down as chair of the board
  • Eilert Giertsen Hanoa stepped down as board member
  • Valentin Thore Ringgård stepped down as board member
  • Mads Næss Rebsdorf appointed ceo
  • Eilert Giertsen Hanoa stepped down as ceo
  • Mads Næss Rebsdorf stepped down as director
  • Share capital changed from 1,000,000 DKK to 1,100,000 DKK
  • Merger registered in CVR
20176 changesmanagement 1 · capital 1 · ownership 2 · merger 1 · industry 1
  • Mads Næss Rebsdorf appointed director
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • VISMA DANMARK HOLDING A/S registered as owner (100%)
  • Merger registered in CVR
  • E-CONOMIC INTERNATIONAL A/S is no longer registered as owner
  • Industry changed to Other software publishing (582900)
20161 changename 1
  • Name changed from E-CONOMIC DANMARK A/S to Visma e-conomic A/S
20157 changesmanagement 7
  • Øystein Moan appointed board member
  • Eivind Gundersen appointed chair of the board
  • Eilert Giertsen Hanoa appointed ceo
  • Mogens Munkholm Elsberg stepped down as board member
  • Mogens Munkholm Elsberg stepped down as ceo
  • Karen Slatford stepped down as chair of the board
  • Eilert Giertsen Hanoa appointed board member
20149 changesownership 1 · management 6 · address 1 · capital 1
  • E-CONOMIC INTERNATIONAL A/S registered as owner (100%)
  • Mogens Munkholm Elsberg appointed board member
  • Mogens Munkholm Elsberg appointed ceo
  • Torben Frigaard Rasmussen stepped down as ceo
  • Torben Frigaard Rasmussen stepped down as board member
  • Moved to Langebrogade 1, 1411 København K
  • Share capital changed from 14,381,065 DKK to 500,000 DKK
  • Karen Slatford appointed chair of the board
  • Kim Sneum Madsen stepped down as chair of the board
20134 changesmanagement 4
  • Kim Sneum Madsen appointed chair of the board
  • Valentin Thore Ringgård appointed board member
  • Jacob Wandt stepped down as board member
  • Anders Hegelund Bjørnsbo stepped down as chair of the board
20111 changeindustry 1
  • Industry changed to Engroshandel med computere, ydre enheder og software (465100)
20091 changeaddress 1
  • Moved to Wildersgade 10B, 3, 1408 København K
200812 changesmanagement 10 · capital 1 · industry 1
  • Torben Frigaard Rasmussen appointed ceo
  • Torben Frigaard Rasmussen appointed board member
  • Anders Kristian Hansen stepped down as director
  • Anders Kristian Hansen stepped down as board member
  • Share capital changed from 500,000 DKK to 14,381,065 DKK
  • Jacob Wandt appointed board member
  • Anders Kristian Hansen appointed director
  • Anders Kristian Hansen appointed board member
  • Anders Hegelund Bjørnsbo appointed chair of the board
  • Lars Andersen stepped down as deputy chair
  • Anders Hegelund Bjørnsbo stepped down as director
  • Industry changed to Computerprogrammering (620100)
20071 changeindustry 1
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20063 changesfounded 1 · management 2
  • Registered as E-CONOMIC DANMARK A/S
  • Lars Andersen appointed deputy chair
  • Anders Hegelund Bjørnsbo appointed director

Related companies

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See all →

Same people in management

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.

View in CVRReport a correction