XO.group ApS

Private limited companyCVR 36531770København NActive

XO.group ApS is a private limited company, based in København N, active in other business support service activities n.e.c., founded in 2015. The company made a loss in both 2024 and 2025, most recently DKK 1.3m. Equity fell to DKK 1.4m in 2025. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 538k+15.3% vs. 2024
Net profit−DKK 1.3m+11.7% vs. 2024
EquityDKK 1.4m−48.6% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 1.5m to DKK 1.3m (2024 → 2025).
  • Equity fell 49% (2024 → 2025), to DKK 1.4m.

Employees

  • 2 fewer employees than a year earlier: 2 (07/2026) against 4 (07/2025).

Management and owners, last 24 months

  • New in management: Tamás Tüske (ceo, 08/09/2026).
  • Stepped down: Kim Balle (ceo, 08/09/2026).
  • New owners registered: Bella Ventures ApS (30/03/2026) and Kiitos Consulting Kft. (30/03/2026).
  • No longer registered as owner: Bella Ventures ApS (29/03/2026) and Kiitos Consulting Kft. (29/03/2026).

Registrations, last 24 months

  • 11/08/2026: Moved to Nannasgade 28, 2200 København N
  • 30/07/2026: Share capital changed from 100,000 DKK to 150,000 DKK
  • 30/03/2026: Share capital changed from 66,667 DKK to 100,000 DKK
  • 01/01/2025: Industry changed to Other business support service activities n.e.c. (829900)

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 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202020212022202320242025
EquityNet profit
Financial figures for XO.group ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit52891124724−635−538+15.3%
Operating profit (EBIT)176−12151105−1,874−1,631+13%
Profit before tax189−1414895−1,884−1,648+12.5%
Net profit174−1413692−1,471−1,300+11.7%
Total assets5094355675062,8211,517−46.2%
Equity4002592953872,6721,373−48.6%
Liabilities110176203119149145−2.7%
Cash and cash equivalents189594394222,04554−97.3%
Average number of employees1110330%

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 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5m202020212022202320242025
Gross profitMedian, the industry (224 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 49% from 2024 to 2025 (DKK 2.7m to DKK 1.4m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 XO.group ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202403/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/06/2021The 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
0123408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

224 companies in the database

Comparison with the other companies in other business support service activities n.e.c. based on the latest financial year.

Gross profit−DKK 538kNo. 219 of 223
Better than 2% of the companies in the industry
EquityDKK 1.4mNo. 79 of 224
Better than 65% of the companies in the industry
Number of employees2No. 85 of 224
Better than 62% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 91,476, equity DKK 535k, 3 employees.

DKK 100kDKK 576kDKK 3.3mDKK 19.1mDKK 61.3m
Distribution of gross profit for 201 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. 68,151of 69,742
Better than 2%
No. 29,393of 69,964
Better than 58%
Same industry and fewer than 20 employees198 companies in the comparison
No. 194of 198
Better than 2%
No. 67of 198
Better than 66%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 32,933of 33,588
Better than 2%
No. 13,295of 33,687
Better than 61%
All companies of type ApS66,508 companies in the comparison
No. 65,139of 66,379
Better than 2%
No. 25,337of 66,505
Better than 62%

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 business support service activities n.e.c.
Gross profit
  1. XO.group ApS−DKK 538k
  2. GoGift.com A/SDKK 109.9m
  3. Idoc A/SDKK 64.9m
Net profit
  1. XO.group ApS−DKK 1.3m
  2. GoGift.com A/SDKK 2.7m
  3. Idoc A/SDKK 16.3m
Equity
  1. XO.group ApSDKK 1.4m
  2. GoGift.com A/SDKK 396.6m
  3. Idoc A/SDKK 20.1m
Employees
  1. XO.group ApS2
  2. GoGift.com A/S104
  3. Idoc A/S81

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
  • Bella Ventures ApS25%
  • Kiitos Consulting Kft.66.67%
XO.group ApS

Management

1 active registrations

Executive management

Executive management at XO.group ApS
NameRoleAppointed
Tamás TüskeCEO08/09/2026
Founders
Kim Balle
Former management (1)
Former management at XO.group ApS
NameRoleAppointedResigned
Kim BalleCEO28/01/201508/09/2026

Signing rule: Selskabet tegnes af selskabets administrerende direktør.

Address and production units

1 active production units

Nannasgade 28
2200 København N

København Municipality · Postcode 2200

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
XO.group ApSNannasgade 28, 2200 København N11020116923

Purpose

Selskabets formål er at drive handel, arrangere og sælge events samt anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
202610 changesmanagement 2 · address 1 · capital 2 · accounts 1 · ownership 4
  • Tamás Tüske appointed ceo
  • Kim Balle stepped down as ceo
  • Moved to Nannasgade 28, 2200 København N
  • Share capital changed from 100,000 DKK to 150,000 DKK
  • Annual report for 2025 published
  • Share capital changed from 66,667 DKK to 100,000 DKK
  • Bella Ventures ApS registered as owner (25%)
  • Kiitos Consulting Kft. registered as owner (66.67%)
  • Kiitos Consulting Kft. is no longer registered as owner
  • Bella Ventures ApS is no longer registered as owner
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Other business support service activities n.e.c. (829900)
20246 changesname 1 · capital 1 · ownership 3 · accounts 1
  • Name changed from XO.company ApS to XO.group ApS
  • Share capital changed from 40,000 DKK to 66,667 DKK
  • Kiitos Consulting Kft. registered as owner (33.33%)
  • Bella Ventures ApS registered as owner (50%)
  • Kim Balle is no longer registered as owner
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20214 changesaddress 1 · name 1 · capital 1 · accounts 1
  • Moved to Artillerivej 100B, 1. tv, 2300 København S
  • Name changed from GlobalStartupAwards IVS to XO.company ApS
  • Share capital changed from 1 DKK to 40,000 DKK
  • Annual report for 2020 published
20173 changesstatus 2 · ownership 1
  • Status changed to active
  • Status changed to under compulsory dissolution
  • Kim Balle registered as owner (100%)
20153 changesname 1 · founded 1 · management 1
  • Name changed from NORTHERN STARTUP CONSULTING IVS to GlobalStartupAwards IVS
  • Registered as NORTHERN STARTUP CONSULTING IVS
  • Kim Balle appointed ceo

Related companies

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.

View in CVRReport a correction