Warm ApS
Private limited companyCVR 38280570Frederiksberg CActive
Warm ApS is a private limited company, based in Frederiksberg C, active in other software publishing, founded in 2016. Equity was negative at the end of 2025 (−DKK 3.7m). The company made a loss in both 2024 and 2025, most recently DKK 2.3m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 114% (2024 → 2025), to −DKK 19,772.
- The loss got smaller: from DKK 3.9m to DKK 2.3m (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 2 (07/2026) against 3 (07/2025).
Management and owners, last 24 months
- Stepped down: Lars Boëtius Ettrup (board member, 06/02/2025).
- New owners registered: Michael Ritto (20/09/2025), Kka Holding ApS (06/10/2026) and Ask Warm Holding ApS (06/10/2026).
- No longer registered as owner: Burrito A/S (20/09/2025) and Ask Warm Holding ApS (05/10/2026).
Registrations, last 24 months
- 06/10/2026: Share capital changed from 264,963 DKK to 303,807 DKK
- 03/06/2026: Moved to Frederiksberg Alle 25, kl. tv, 1820 Frederiksberg C
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 | −1,745 | −1,265 | −755 | 1,021 | 143 | −20 | −113.8% |
| Operating profit (EBIT) | −3,471 | −4,043 | −2,957 | −3,089 | −3,557 | −2,256 | +36.6% |
| Profit before tax | −3,634 | −4,228 | −5,477 | −6,275 | −3,927 | −2,520 | +35.8% |
| Net profit | −2,773 | −3,456 | −5,404 | −6,236 | −3,927 | −2,267 | +42.3% |
| Total assets | 6,703 | 7,403 | 3,941 | 4,074 | 1,850 | 1,380 | −25.4% |
| Equity | 4,107 | 1,776 | −3,628 | 1,528 | −1,399 | −3,666 | −162.1% |
| Liabilities | 2,596 | 5,627 | 7,569 | 2,546 | 3,248 | 5,046 | +55.3% |
| Cash and cash equivalents | 409 | 979 | 761 | 1,106 | 350 | 103 | −70.7% |
| Average number of employees | 4 | 7 | 5 | 5 | 4 | 3 | −25% |
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 3.7m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
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 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 16/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/06/2021 | 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
499 companies in the databaseComparison with the other companies in other software publishing based on the latest financial year.
Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 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. 64,056of 69,742 Better than 8% | No. 68,911of 69,964 Better than 2% |
| Same industry and fewer than 20 employees406 companies in the comparison | No. 348of 404 Better than 14% | No. 377of 406 Better than 7% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 31,591of 33,579 Better than 6% | No. 32,894of 33,678 Better than 2% |
| All companies of type ApS66,508 companies in the comparison | No. 61,581of 66,379 Better than 7% | No. 65,448of 66,505 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 software publishing- Warm ApS−DKK 19,772
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Warm ApS−DKK 2.3m
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- Warm ApS−DKK 3.7m
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- Warm ApS2
- Milestone Systems A/S531
- Visma e-conomic A/S456
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Primotex Limited33.33%
- Bjørn Bruun Holding A/S5%
- Michael Ritto15%
- Kka Holding ApS5%
- Ask Warm Holding ApS20%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jesper Skibsby | Director | 21/12/2016 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jesper Skibsby | Board member | 21/12/2016 |
| Michael Ritto | Chair of the board | 27/05/2021 |
| Klaus Kongsted Andersen | Board member | 20/05/2024 |
| Bjørn Werring Bruun | Board member | 20/05/2024 |
- Founders
- Capnova A/S
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Kjølhede | Chair of the board | 21/12/2016 | 31/12/2018 |
| Dagfinn Bach | Board member | 11/09/2018 | 28/06/2022 |
| Jens Chresten Kolding Søndergaard | Chair of the board | 13/05/2019 | 30/06/2020 |
| Ulas Karademir | Board member | 13/05/2019 | 30/06/2020 |
| Jens Chresten Kolding Søndergaard | Board member | 01/07/2020 | 28/06/2022 |
| Ulas Karademir | Chair of the board | 01/07/2020 | 27/05/2021 |
| Lars Boëtius Ettrup | Board member | 20/05/2024 | 06/02/2025 |
Signing rule: Selskabet tegnes af bestyrelsesformanden sammen med en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsFrederiksberg Alle 25
1820 Frederiksberg C
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Warm ApS | Frederiksberg Alle 25, kl. tv, 1820 Frederiksberg C | 3 | 1022034746 |
Purpose
Selskabets formål er udvikling af software og tjenester og andre aktiviteter beslægtet hermed
The purpose is quoted from the register in Danish.
Changes year by year
80 registered events20266 changescapital 1 · ownership 3 · accounts 1 · address 1
- CapitalShare capital changed from 264,963 DKK to 303,807 DKK
- OwnershipKKA HOLDING ApS registered as owner (5%)
- OwnershipAsk Warm Holding ApS registered as owner (20%)
- OwnershipAsk Warm Holding ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
- AddressMoved to Frederiksberg Alle 25, kl. tv, 1820 Frederiksberg C
20254 changesownership 2 · accounts 1 · management 1
- OwnershipMichael Ritto registered as owner (15%)
- OwnershipBURRITO A/S is no longer registered as owner
- AccountsAnnual report for 2024 published
- ManagementLars Boëtius Ettrup stepped down as board member
20247 changesaccounts 1 · capital 1 · management 3 · ownership 1 · address 1
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 256,132 DKK to 264,963 DKK
- ManagementBjørn Werring Bruun appointed board member
- ManagementLars Boëtius Ettrup appointed board member
- ManagementKlaus Kongsted Andersen appointed board member
- OwnershipBJØRN BRUUN HOLDING A/S registered as owner (5%)
- AddressMoved to Birkedommervej 31, 2, 2400 København NV
202310 changescapital 2 · ownership 6 · address 1 · accounts 1
- CapitalShare capital changed from 242,884 DKK to 256,132 DKK
- CapitalShare capital changed from 177,516 DKK to 242,884 DKK
- OwnershipBURRITO A/S registered as owner (15%)
- OwnershipPrimotex Limited registered as owner (33.33%)
- OwnershipAsk Warm Holding ApS registered as owner (25%)
- OwnershipPrimotex Limited is no longer registered as owner
- OwnershipBURRITO A/S is no longer registered as owner
- OwnershipAsk Warm Holding ApS is no longer registered as owner
- AddressMoved to Rentemestervej 80, 2400 København NV
- AccountsAnnual report for 2022 published
20227 changesaccounts 1 · management 2 · ownership 4
- AccountsAnnual report for 2021 published
- ManagementJens Chresten Kolding Søndergaard stepped down as board member
- ManagementDagfinn Bach stepped down as board member
- OwnershipPrimotex Limited registered as owner (25%)
- OwnershipBURRITO A/S registered as owner (10%)
- OwnershipStyrelsen for Forskning og Uddannelse is no longer registered as owner
- OwnershipPrimotex Limited is no longer registered as owner
20218 changesaccounts 1 · capital 2 · management 2 · ownership 2 · address 1
- AccountsAnnual report for 2020 published
- CapitalShare capital changed from 174,776 DKK to 177,516 DKK
- ManagementMichael Ritto appointed chair of the board
- ManagementUlas Karademir stepped down as chair of the board
- OwnershipPrimotex Limited registered as owner (20%)
- OwnershipPrimotex Limited is no longer registered as owner
- CapitalShare capital changed from 171,346 DKK to 174,776 DKK
- AddressMoved to Esromgade 15, 1. 1, 2200 København N
202014 changescapital 2 · management 4 · ownership 7 · address 1
- CapitalShare capital changed from 170,423 DKK to 171,346 DKK
- ManagementJens Chresten Kolding Søndergaard appointed board member
- ManagementUlas Karademir appointed chair of the board
- ManagementUlas Karademir stepped down as board member
- ManagementJens Chresten Kolding Søndergaard stepped down as chair of the board
- CapitalShare capital changed from 129,579 DKK to 170,423 DKK
- OwnershipPrimotex Limited registered as owner (25%)
- OwnershipAsk Warm Holding ApS registered as owner (33.33%)
- OwnershipStyrelsen for Forskning og Uddannelse registered as owner (10%)
- OwnershipDe Jonghe Holding ApS is no longer registered as owner
- OwnershipPrimotex Limited is no longer registered as owner
- OwnershipAsk Warm Holding ApS is no longer registered as owner
- OwnershipStyrelsen for Forskning og Uddannelse is no longer registered as owner
- AddressMoved to Krausesvej 3, 2100 København Ø
20193 changescapital 1 · management 2
- CapitalShare capital changed from 122,488 DKK to 129,579 DKK
- ManagementUlas Karademir appointed board member
- ManagementJens Chresten Kolding Søndergaard appointed chair of the board
20187 changesmanagement 2 · capital 2 · ownership 3
- ManagementKim Kjølhede stepped down as chair of the board
- CapitalShare capital changed from 117,116 DKK to 122,488 DKK
- ManagementDagfinn Bach appointed board member
- CapitalShare capital changed from 100,000 DKK to 117,116 DKK
- OwnershipPrimotex Limited registered as owner (5%)
- OwnershipAsk Warm Holding ApS registered as owner (50%)
- OwnershipAsk Warm Holding ApS is no longer registered as owner
20175 changesaddress 1 · capital 1 · ownership 2 · industry 1
- AddressMoved to Njalsgade 19D, 2300 København S
- CapitalShare capital changed from 93,438 DKK to 100,000 DKK
- OwnershipStyrelsen for Forskning og Uddannelse registered as owner (15%)
- OwnershipStyrelsen for Forskning og Uddannelse is no longer registered as owner
- IndustryIndustry changed to Other software publishing (582900)
20169 changesfounded 1 · management 3 · ownership 5
- FoundedRegistered as Warm ApS
- ManagementJesper Skibsby appointed board member
- ManagementKim Kjølhede appointed chair of the board
- ManagementJesper Skibsby appointed director
- OwnershipDE JONGHE COUNCELING ApS registered as owner (5%)
- OwnershipDE JONGHE COUNCELING ApS is no longer registered as owner
- OwnershipDe Jonghe Holding ApS registered as owner (5%)
- OwnershipAsk Warm Holding ApS registered as owner (66.67%)
- OwnershipStyrelsen for Forskning og Uddannelse registered as owner (5%)
Related companies
Same industry in Frederiksberg
- Capture One A/S63 employees
- Timelog A/S49 employees
- Flexecharge ApS26 employees
- Superb ApS25 employees
- LanguageWire Danmark A/S15 employees
- Hybird-Systems ApS8 employees
Same people in management
- Nordisk Film Biografer A/Svia Michael Ritto
- Nordisk Film TV A/Svia Michael Ritto
- Kunde & Co. A/Svia Michael Ritto
- Nordisk Film Production A/Svia Michael Ritto
- Nordisk Film A/Svia Michael Ritto
- Nordisk Film Distribution A/Svia Michael Ritto
Largest in the industry
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Google Denmark ApSDKK 382m
- Continia Software A/SDKK 309.6m
- Boyum IT Solutions A/SDKK 208.2m
- Capture One A/SDKK 164.4m
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.