Xero Denmark A/S

Public limited companyCVR 42690562København KActive

Xero Denmark A/S is a public limited company, based in København K, active in computer programming activities, founded in 2021. Net profit fell 7% from 2025 to 2026, ending at DKK 95,744.

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Key figures · financial year 2026

Gross profitDKK 148k+7% vs. 2025
Net profitDKK 95,744−6.9% vs. 2025
EquityDKK 789k+13.8% vs. 2025
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit rose 7% (2025 → 2026), to DKK 148k.
  • Net profit fell 7% (2025 → 2026), to DKK 95,744.
  • Equity rose 14% (2025 → 2026), to DKK 789k.

Management and owners, last 24 months

  • New in management: Rebecca Jane Small (board member, 16/06/2025), Mikkel Petersen (board member, 24/07/2025) and Mikkel Petersen (director, 24/07/2025) (+7).
  • Stepped down: Kirsty Vanora Godfrey-Billy (chair of the board, 31/03/2025), Christopher Lawrence Blaine (director, 29/11/2024) and Alexander Franz Von Schirmeister (board member, 05/11/2025) (+7).

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 2022–2026 · amounts in DKK thousand

Equity and net profit

−DKK 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800k20222023202420252026
EquityNet profit
Financial figures for Xero Denmark A/S
20222023202420252026Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit−30––138148+7%
Operating profit (EBIT)––52138––
Profit before tax−35253–124138+11.4%
Net profit−352081410396−6.9%
Total assets3956701,1488551,190+39.2%
Equity365573587693789+13.8%
Liabilities3097561162402+147.6%
Cash and cash equivalents3955451,141170348+105.5%
Average number of employees01––2–

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 2022, 2023, 2024, 2025, 2026: 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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m20222023202420252026
Gross profitMedian, the industry (1,661 companies)

Annual reports

5 financial years
Annual reports for Xero Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202607/10/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202529/09/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202426/09/2024The companyPDF not statedXBRL
202301/04/2022 – 31/03/202304/10/2023The companyPDF not statedXBRL
202217/09/2021 – 31/03/202221/10/2022The 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
0112208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profitDKK 148kNo. 1410 of 1,656
Better than 15% of the companies in the industry
EquityDKK 789kNo. 887 of 1,661
Better than 47% of the companies in the industry
Number of employees2No. 1027 of 1,661
Better than 38% 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 428.6mHere
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. 60,267of 69,742
Better than 14%
No. 36,745of 69,964
Better than 47%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 1,131of 1,363
Better than 17%
No. 634of 1,365
Better than 54%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 30,013of 33,588
Better than 11%
No. 17,034of 33,687
Better than 49%
All companies of type A/S18,025 companies in the comparison
No. 16,414of 17,786
Better than 8%
No. 16,273of 18,024
Better than 10%

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. Xero Denmark A/SDKK 148k
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Xero Denmark A/SDKK 95,744
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Xero Denmark A/SDKK 789k
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Xero Denmark A/S2
  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
  • Xero Ltd.100%
Xero Denmark A/S

Management

5 active registrations

Executive management

Executive management at Xero Denmark A/S
NameRoleAppointed
Mikkel PetersenDirector24/07/2025

Board of directors

Board of directors at Xero Denmark A/S
NameRoleAppointed
Rebecca Jane SmallBoard member16/06/2025
Mikkel PetersenBoard member24/07/2025
Claire Louise FullardChair of the board05/05/2026
Kate Ann HaywardBoard member02/07/2026
Founders
Xero Ltd.
Former management (13)
Former management at Xero Denmark A/S
NameRoleAppointedResigned
Birgitte PihlBoard member17/09/202127/05/2024
Christian BrøndumBoard member17/09/202130/12/2022
Kirsty Vanora Godfrey-BillyChair of the board17/09/202131/03/2025
Deborah Mary CausebrookDirector17/09/202104/05/2022
Christopher Lawrence BlaineDirector04/05/202229/11/2024
Alexander Franz Von SchirmeisterBoard member30/12/202205/11/2025
Christopher Lawrence BlaineBoard member27/05/202430/11/2024
Ashley Hansen GrechBoard member27/05/202431/03/2025
Martin Krogstad AndersenDirector29/11/202424/07/2025
Martin Krogstad AndersenBoard member01/12/202424/07/2025
Ashley Hansen GrechChair of the board01/04/202524/10/2025
Alexander Franz Von SchirmeisterChair of the board06/11/202516/12/2025
Claire Louise FullardBoard member29/04/202604/05/2026

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

Address and production units

1 active production units

Kuglegårdsvej 7
1434 København K

København Municipality · Postcode 1434

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
XERO DENMARK A/SKuglegårdsvej 7, 1434 København K21027548063

Purpose

Selskabets formål er at drive virksomhed som kontooplysningstjenesteudvikler og -udbyder samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

39 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2026 published
  • Kate Ann Hayward appointed board member
  • Claire Louise Fullard appointed chair of the board
  • Claire Louise Fullard stepped down as board member
  • Claire Louise Fullard appointed board member
202513 changesmanagement 12 · accounts 1
  • Alexander Franz Von Schirmeister stepped down as chair of the board
  • Alexander Franz Von Schirmeister appointed chair of the board
  • Alexander Franz Von Schirmeister stepped down as board member
  • Ashley Hansen Grech stepped down as chair of the board
  • Annual report for 2025 published
  • Mikkel Petersen appointed board member
  • Mikkel Petersen appointed director
  • Martin Krogstad Andersen stepped down as board member
  • Martin Krogstad Andersen stepped down as director
  • Rebecca Jane Small appointed board member
  • Ashley Hansen Grech appointed chair of the board
  • Ashley Hansen Grech stepped down as board member
  • Kirsty Vanora Godfrey-Billy stepped down as chair of the board
20248 changesmanagement 7 · accounts 1
  • Martin Krogstad Andersen appointed board member
  • Christopher Lawrence Blaine stepped down as board member
  • Martin Krogstad Andersen appointed director
  • Christopher Lawrence Blaine stepped down as director
  • Annual report for 2024 published
  • Ashley Hansen Grech appointed board member
  • Christopher Lawrence Blaine appointed board member
  • Birgitte Pihl stepped down as board member
20232 changesaccounts 1 · address 1
  • Annual report for 2023 published
  • Moved to Kuglegårdsvej 7, 1434 København K
20225 changesmanagement 4 · accounts 1
  • Alexander Franz Von Schirmeister appointed board member
  • Christian Brøndum stepped down as board member
  • Annual report for 2022 published
  • Christopher Lawrence Blaine appointed director
  • Deborah Mary Causebrook stepped down as director
20216 changesfounded 1 · management 4 · ownership 1
  • Registered as XERO DENMARK A/S
  • Christian Brøndum appointed board member
  • Deborah Mary Causebrook appointed director
  • Kirsty Vanora Godfrey-Billy appointed chair of the board
  • Birgitte Pihl appointed board member
  • Xero Ltd. registered as owner (100%)

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Same people in management

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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.

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