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Workfeed ApS

Private limited companyCVR 38921746Aarhus CActive

Workfeed ApS is a private limited company, based in Aarhus C, active in other software publishing, founded in 2017. After a loss in 2024, the company made a profit of DKK 636k in 2025. With 13 employees, the company is about 3 times larger than the industry median. Equity grew to DKK 3.1m in 2025.

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Key figures · financial year 2025

Gross profitDKK 7.9m+89.4% vs. 2024
Net profitDKK 636k+174.5% vs. 2024
EquityDKK 3.1m+25.9% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 89% (2024 → 2025), to DKK 7.9m.
  • Net profit went from a loss of DKK 854k to a profit of DKK 636k (2024 → 2025).
  • Equity rose 26% (2024 → 2025), to DKK 3.1m.

Employees

  • 4 more employees than a year earlier: 13 (07/2026) against 9 (07/2025).

Registrations, last 24 months

  • 06/01/2026: Moved to Møllegade 32, 8000 Aarhus C
  • 20/01/2025: Moved to Søren Frichs Vej 42B, 1. th, 8230 Åbyhøj

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 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for Workfeed ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,2821,1139542,8114,1967,947+89.4%
Operating profit (EBIT)154−1,640−3,092−2,201−949952+200.3%
Profit before tax142−1,695−3,238−2,425−1,138749+165.8%
Net profit167−1,226−2,393−1,858−854636+174.5%
Total assets1,8063,0738,5467,5656,5077,428+14.1%
Equity500−605,1713,3132,4593,095+25.9%
Liabilities1,0553,0293,3754,2524,0484,333+7%
Cash and cash equivalents2531763,7801,434687754+9.6%
Average number of employees66,920,728,126,8357979+28.6%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7mDKK 8m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Annual reports

6 financial years
Annual reports for Workfeed ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202409/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202109/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/07/2021The 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
024681012141608/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 7.9mNo. 151 of 494
Better than 70% of the companies in the industry
EquityDKK 3.1mNo. 171 of 499
Better than 66% of the companies in the industry
Number of employees13No. 165 of 499
Better than 67% 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 fewer than 20 employees69,967 companies in the comparison
No. 7,039of 69,742
Better than 90%
No. 18,983of 69,964
Better than 73%
Same industry and fewer than 20 employees406 companies in the comparison
No. 69of 404
Better than 83%
No. 103of 406
Better than 75%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 5,552of 33,579
Better than 83%
No. 8,280of 33,678
Better than 75%
All companies of type ApS66,508 companies in the comparison
No. 8,129of 66,379
Better than 88%
No. 15,542of 66,505
Better than 77%

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. Workfeed ApSDKK 7.9m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. Workfeed ApSDKK 636k
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. Workfeed ApSDKK 3.1m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. Workfeed ApS13
  2. Milestone Systems A/S531
  3. 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
Owners
  • David Heinemeier Hansson15%
  • J. E. Sørensen Holding ApS20%
  • Larsen Capital Corporation ApS20%
  • Tokke Holdings ApS20%
  • Mad House HQ ApS10%
Workfeed ApS

Management

8 active registrations

Executive management

Executive management at Workfeed ApS
NameRoleAppointed
Kristian Emil LarsenDirector11/09/2017
Rasmus SkovdalCEO05/12/2019
Jimmy Engelbrecht SørensenDirector05/12/2019

Board of directors

Board of directors at Workfeed ApS
NameRoleAppointed
David Heinemeier HanssonBoard member30/03/2022
Werner Helmuth Storm ValeurBoard member30/03/2022
Rasmus SkovdalChair of the board30/03/2022
Kristian Emil LarsenBoard member30/03/2022
Jimmy Engelbrecht SørensenDeputy chair24/04/2023
Founders
Rasmus Skovdal, Søren Grum, Kristian Emil Larsen
Former management (5)
Former management at Workfeed ApS
NameRoleAppointedResigned
Rasmus SkovdalDirector11/09/201704/12/2019
Søren GrumCEO11/09/201704/12/2019
Søren GrumDirector05/12/201905/02/2020
Jacob Desmorais CrawfordDirector05/12/201929/02/2020
Jimmy Engelbrecht SørensenBoard member30/03/202223/04/2023

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør eller af to direktører i forening.

Address and production units

2 active production units

Møllegade 32
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Workfeed ApSMøllegade 32, 8000 Aarhus C101022822140
Workfeed Copenhagen ApSChristians Brygge 28, 1, 1559 København V11026255070

Purpose

Virksomhedens formål er at udvikle it-løsninger.

The purpose is quoted from the register in Danish.

Changes year by year

90 registered events
20262 changesaccounts 1 · address 1
  • Annual report for 2025 published
  • Moved to Møllegade 32, 8000 Aarhus C
20252 changesaccounts 1 · address 1
  • Annual report for 2024 published
  • Moved to Søren Frichs Vej 42B, 1. th, 8230 Åbyhøj
20242 changesaccounts 1 · address 1
  • Annual report for 2023 published
  • Moved to Guldsmedgade 26B, 2, 8000 Aarhus C
20234 changesaddress 1 · accounts 1 · management 2
  • Moved to Guldsmedgade 26B, 2, 8000 Aarhus C
  • Annual report for 2022 published
  • Jimmy Engelbrecht Sørensen appointed deputy chair
  • Jimmy Engelbrecht Sørensen stepped down as board member
202219 changesownership 11 · accounts 1 · name 1 · capital 1 · management 5
  • Mad House HQ ApS registered as owner (10%)
  • Mad House HQ ApS is no longer registered as owner
  • Annual report for 2021 published
  • Name changed from Relion ApS to Workfeed ApS
  • Share capital changed from 40,532 DKK to 48,279 DKK
  • Rasmus Skovdal appointed chair of the board
  • David Heinemeier Hansson appointed board member
  • Werner Helmuth Storm Valeur appointed board member
  • Jimmy Engelbrecht Sørensen appointed board member
  • Kristian Emil Larsen appointed board member
  • Larsen Capital Corporation ApS registered as owner (20%)
  • David Heinemeier Hansson registered as owner (15%)
  • Mad House HQ ApS registered as owner (5%)
  • Tokke Holdings ApS registered as owner (20%)
  • J. E. Sørensen Holding ApS registered as owner (20%)
  • Mad House HQ ApS is no longer registered as owner
  • J. E. Sørensen Holding ApS is no longer registered as owner
  • Larsen Capital Corporation ApS is no longer registered as owner
  • Tokke Holdings ApS is no longer registered as owner
20216 changesaddress 2 · accounts 1 · capital 1 · ownership 2
  • Moved to Universitetsbyen 7, 8000 Aarhus C
  • Annual report for 2020 published
  • Share capital changed from 40,000 DKK to 40,532 DKK
  • Mad House HQ ApS registered as owner (10%)
  • Mad House HQ ApS is no longer registered as owner
  • Moved to Universitetsbyen 7, 8000 Aarhus C
202018 changesname 1 · capital 2 · ownership 11 · industry 1 · management 2 · address 1
  • Name changed from Relion IVS to Relion ApS
  • Share capital changed from 6 DKK to 40,000 DKK
  • Share capital changed from 5 DKK to 6 DKK
  • J. E. Sørensen Holding ApS registered as owner (25%)
  • Mad House HQ ApS registered as owner (15%)
  • Larsen Capital Corporation ApS registered as owner (25%)
  • J. E. Sørensen Holding ApS is no longer registered as owner
  • Larsen Capital Corporation ApS is no longer registered as owner
  • Industry changed to Other software publishing (582900)
  • J. E. Sørensen Holding ApS registered as owner (33.33%)
  • Larsen Capital Corporation ApS registered as owner (33.33%)
  • JCrawford Holding IVS is no longer registered as owner
  • J. E. Sørensen Holding ApS is no longer registered as owner
  • Larsen Capital Corporation ApS is no longer registered as owner
  • Grum Tømrer & Multiservice ApS is no longer registered as owner
  • Jacob Desmorais Crawford stepped down as director
  • Søren Grum stepped down as director
  • Moved to Nørrebrogade 44, 8000 Aarhus C
201917 changesmanagement 6 · capital 1 · ownership 9 · address 1
  • Rasmus Skovdal appointed ceo
  • Søren Grum appointed director
  • Jacob Desmorais Crawford appointed director
  • Jimmy Engelbrecht Sørensen appointed director
  • Rasmus Skovdal stepped down as director
  • Søren Grum stepped down as ceo
  • Share capital changed from 4 DKK to 5 DKK
  • JCrawford Holding IVS registered as owner (20%)
  • J. E. Sørensen Holding ApS registered as owner (20%)
  • Grum Tømrer & Multiservice ApS registered as owner (20%)
  • Larsen Capital Corporation ApS registered as owner (20%)
  • Tokke Holdings ApS registered as owner (25%)
  • JCrawford Holding IVS is no longer registered as owner
  • Tokke Holdings ApS is no longer registered as owner
  • Larsen Capital Corporation ApS is no longer registered as owner
  • Grum Tømrer & Multiservice ApS is no longer registered as owner
  • Moved to Helsingforsgade 27C, 8200 Aarhus N
201811 changesownership 9 · address 2
  • JCrawford Holding IVS registered as owner (25%)
  • Jacob Desmorais Crawford is no longer registered as owner
  • Moved to Åbogade 34, 8200 Aarhus N
  • Jacob Desmorais Crawford registered as owner (25%)
  • Tokke Holdings ApS registered as owner (25%)
  • Larsen Capital Corporation ApS registered as owner (25%)
  • Grum Tømrer & Multiservice ApS registered as owner (25%)
  • Kristian Emil Larsen is no longer registered as owner
  • Søren Grum is no longer registered as owner
  • Rasmus Skovdal is no longer registered as owner
  • Moved to Finlandsgade 28, 8200 Aarhus N
20179 changesownership 5 · founded 1 · management 3
  • Emil Nors Brogren Sand is no longer registered as owner
  • Registered as Relion IVS
  • Rasmus Skovdal appointed director
  • Kristian Emil Larsen appointed director
  • Søren Grum appointed ceo
  • Emil Nors Brogren Sand registered as owner (15%)
  • Kristian Emil Larsen registered as owner (33.33%)
  • Søren Grum registered as owner (33.33%)
  • Rasmus Skovdal registered as owner (33.33%)

Related companies

Same industry in Aarhus

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 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction