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X-solar Systems ApS

Private limited companyCVR 37267570København VActive

X-solar Systems ApS is a private limited company, based in København V, active in computer programming activities, founded in 2015. Equity was negative at the end of 2025 (−DKK 52m). The company went from a profit in 2024 to a loss of DKK 34.5m in 2025. 9 people are registered in the company's management and ownership.

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Key figures · financial year 2025

RevenueDKK 3.5m−87% vs. 2024
Net profit−DKK 34.5m−1,330.8% vs. 2024
Equity−DKK 52m−192% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 466% (2024 → 2025), to −DKK 8.6m.
  • Revenue fell 87% (2024 → 2025), to DKK 3.5m.
  • Net profit went from a profit of DKK 2.8m to a loss of DKK 34.5m (2024 → 2025).

Employees

  • 1 more employees than a year earlier: 3 (07/2026) against 2 (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 60m−DKK 50m−DKK 40m−DKK 30m−DKK 20m−DKK 10mDKK 0202020212022202320242025
EquityNet profit
Financial figures for X-solar Systems ApS
202020212022202320242025Change
Revenuenot stated4,16212,48538,05127,1823,522−87%
Gross profit−1,046−1,813−8622,9212,358−8,631−466%
Operating profit (EBIT)−4,333−4,958−5,948−3,463−4,905−16,035−226.9%
Profit before tax−4,482−5,112−7,717−13,7532,775−36,625−1,419.6%
Net profit−4,217−4,125−6,976−14,1052,802−34,487−1,330.8%
Total assets7,62612,17641,68150,22270,26450,771−27.7%
Equity4,472347−6,629−20,589−17,803−51,988−192%
Liabilities3,15411,83048,31070,81188,067102,759+16.7%
Cash and cash equivalents4280017,3202,2131,527641−58%
Average number of employees2305812134––

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: 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 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 52m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 X-solar Systems ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The groupPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202208/06/2023The groupPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The groupPDFXBRL
202001/01/2020 – 31/12/202010/07/2021The 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
011223308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profit−DKK 8.6mNo. 1651 of 1,656
Better than 0% of the companies in the industry
Equity−DKK 52mNo. 1647 of 1,661
Better than 1% of the companies in the industry
Number of employees3No. 883 of 1,661
Better than 47% 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 428.6m
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 fewer than 20 employees69,967 companies in the comparison
No. 69,625of 69,742
Better than 0%
No. 69,902of 69,964
Better than 0%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 1,360of 1,363
Better than 0%
No. 1,360of 1,365
Better than 0%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,492of 33,588
Better than 0%
No. 33,617of 33,687
Better than 0%
All companies of type ApS66,508 companies in the comparison
No. 66,274of 66,379
Better than 0%
No. 66,435of 66,505
Better than 0%

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. X-solar Systems ApS−DKK 8.6m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. X-solar Systems ApS−DKK 34.5m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. X-solar Systems ApS−DKK 52m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. X-solar Systems ApS3
  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
  • Impact Invest ApS66.67%
  • Agner Holding ApS10%
  • Per Rommelhof Reimer5%
X-solar Systems ApS

Management

5 active registrations

Executive management

Executive management at X-solar Systems ApS
NameRoleAppointed
Niels Thomas Agner HansenCEO01/02/2020

Board of directors

Board of directors at X-solar Systems ApS
NameRoleAppointed
Camilla BredholtBoard member26/05/2017
Per Rommelhof ReimerBoard member15/03/2019
Iver Alex Tesdorpf UnsgaardChair of the board09/05/2019
Franz Willum SørensenBoard member30/06/2022
Founders
David Reerman Han-Dizon, Asger Trier Bing, Rajesh Veluswamy
Former management (7)
Former management at X-solar Systems ApS
NameRoleAppointedResigned
David Reerman Han-DizonCEO04/12/201529/08/2016
David Reerman Han-DizonDirector30/08/201631/08/2021
Asger Trier BingCEO30/08/201631/01/2020
David Reerman Han-DizonBoard member26/05/201715/03/2021
Asger Trier BingBoard member26/05/201707/02/2020
Rajesh VeluswamyDirector05/10/201731/01/2020
Iver Alex Tesdorpf UnsgaardBoard member29/01/201808/05/2019

Signing rule: Selskabet tegnes af én direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Vesterbrogade 24
1620 København V

København Municipality · Postcode 1620

Production units
Production unitAddressEmployeesP number
X-SOLAR SYSTEMS APSVesterbrogade 24, 1, 1620 København V31020941665

Purpose

Virksomhedens formål er at udvikle software og hardware til bæredygtige energiprodukter.

The purpose is quoted from the register in Danish.

Changes year by year

79 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20234 changesaccounts 1 · name 1 · address 1 · ownership 1
  • Annual report for 2022 published
  • Name changed from M-PAYG APS to X-SOLAR SYSTEMS APS
  • Moved to Vesterbrogade 24, 1, 1620 København V
  • Per Rommelhof Reimer registered as owner (5%)
20225 changesownership 3 · management 1 · accounts 1
  • Agner Holding ApS registered as owner (10%)
  • Impact Invest ApS registered as owner (66.67%)
  • Impact Invest ApS is no longer registered as owner
  • Franz Willum Sørensen appointed board member
  • Annual report for 2021 published
20214 changesmanagement 2 · address 1 · accounts 1
  • David Reerman Han-Dizon stepped down as director
  • Moved to Vestergade 29, st, 1456 København K
  • Annual report for 2020 published
  • David Reerman Han-Dizon stepped down as board member
202012 changesaddress 1 · management 4 · capital 1 · ownership 6
  • Moved to Vestergade 29, st, 1456 København K
  • Asger Trier Bing stepped down as board member
  • Niels Thomas Agner Hansen appointed ceo
  • Rajesh Veluswamy stepped down as director
  • Asger Trier Bing stepped down as ceo
  • Share capital changed from 165,132 DKK to 1,999,932 DKK
  • Impact Invest ApS registered as owner (90%)
  • Han-Dizon Holding ApS is no longer registered as owner
  • Atbing II ApS is no longer registered as owner
  • VR Nordic Holding IVS is no longer registered as owner
  • CIID Nest ApS is no longer registered as owner
  • Impact Invest ApS is no longer registered as owner
20194 changesaddress 1 · management 3
  • Moved to Toldbodgade 37B, 1253 København K
  • Iver Alex Tesdorpf Unsgaard appointed chair of the board
  • Iver Alex Tesdorpf Unsgaard stepped down as board member
  • Per Rommelhof Reimer appointed board member
201810 changescapital 2 · address 1 · management 1 · ownership 6
  • Share capital changed from 164,252 DKK to 165,132 DKK
  • Moved to Titangade 11, 1, 2200 København N
  • Share capital changed from 126,562 DKK to 164,252 DKK
  • Iver Alex Tesdorpf Unsgaard appointed board member
  • Han-Dizon Holding ApS registered as owner (25%)
  • Impact Invest ApS registered as owner (33.33%)
  • Atbing II ApS registered as owner (25%)
  • Impact Invest ApS is no longer registered as owner
  • Atbing II ApS is no longer registered as owner
  • Han-Dizon Holding ApS is no longer registered as owner
201714 changescapital 3 · ownership 5 · management 4 · address 1 · name 1
  • Share capital changed from 123,383 DKK to 126,562 DKK
  • VR Nordic Holding IVS registered as owner (5%)
  • VR Nordic Holding IVS is no longer registered as owner
  • Rajesh Veluswamy appointed director
  • Moved to Titangade 11, 1, 2200 København N
  • Name changed from M-PAYG IVS to M-PAYG APS
  • Share capital changed from 49,999 DKK to 123,383 DKK
  • VR Nordic Holding IVS registered as owner (5%)
  • Impact Invest ApS registered as owner (15%)
  • VR Nordic Holding IVS is no longer registered as owner
  • Share capital changed from 100 DKK to 49,999 DKK
  • Camilla Bredholt appointed board member
  • Asger Trier Bing appointed board member
  • David Reerman Han-Dizon appointed board member
201620 changesmanagement 3 · ownership 14 · address 2 · industry 1
  • David Reerman Han-Dizon appointed director
  • Asger Trier Bing appointed ceo
  • David Reerman Han-Dizon stepped down as ceo
  • Atbing II ApS registered as owner (33.33%)
  • VR Nordic Holding IVS registered as owner (10%)
  • Han-Dizon Holding ApS registered as owner (33.33%)
  • Atbing II ApS is no longer registered as owner
  • Han-Dizon Holding ApS is no longer registered as owner
  • Rajesh Veluswamy is no longer registered as owner
  • Atbing II ApS registered as owner (25%)
  • Han-Dizon Holding ApS registered as owner (25%)
  • David Reerman Han-Dizon is no longer registered as owner
  • Asger Trier Bing is no longer registered as owner
  • CIID Nest ApS registered as owner (5%)
  • Moved to Toldbodgade 37B, 1253 København K
  • David Reerman Han-Dizon registered as owner (25%)
  • Rajesh Veluswamy registered as owner (25%)
  • Asger Trier Bing registered as owner (25%)
  • Moved to Nordlandsgade 16, 4. th, 2300 København S
  • Industry changed to Computerprogrammering (620100)
20153 changesstatus 1 · management 1 · founded 1
  • Status changed to active
  • David Reerman Han-Dizon appointed ceo
  • Registered as M-PAYG IVS

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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 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