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Xtel Wireless ApS

Private limited companyCVR 38226835AalborgActive

Xtel Wireless ApS is a private limited company, based in Aalborg, active in computer programming activities, founded in 2016. Equity was negative at the end of 2025 (−DKK 6.9m). The company made a loss in both 2024 and 2025, most recently DKK 7.1m.

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Key figures · financial year 2025

Gross profitDKK 4.2m−33.8% vs. 2024
Net profit−DKK 7.1m−5.5% vs. 2024
Equity−DKK 6.9m−2,999.9% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 34% (2024 → 2025), to DKK 4.2m.
  • The loss grew: from DKK 6.7m to DKK 7.1m (2024 → 2025).
  • Equity turned negative: −DKK 6.9m (2024 → 2025).

Employees

  • 1 more employees than a year earlier: 10 (07/2026) against 9 (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 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Xtel Wireless ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit12,95210,2727,00412,7496,2764,156−33.8%
Operating profit (EBIT)316−2,844−6,924−6,340−6,887−6,699+2.7%
Profit before tax−34−3,172−7,267−7,562−7,667−7,638+0.4%
Net profit79−2,484−6,085−5,732−6,736−7,106−5.5%
Total assets10,99315,71917,26719,13917,27714,672−15.1%
Equity−1,106−3,5903,4546,973237−6,869−2,999.9%
Liabilities12,09918,77313,81312,16617,04021,541+26.4%
Cash and cash equivalents20313229156−58.9%
Average number of employees17171716149−35.7%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 6.9m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 5 years in a row

    Net result has been negative in 2021–2025.

    How is this calculated?

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

  • Fewer employees

    The number of employees fell 36% from 14 in 2024 to 9 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 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 Xtel Wireless ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202508/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/07/2022 – 31/12/202328/06/2024The companyPDFXBRL
202201/07/2021 – 30/06/202218/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202116/12/2021The companyPDFXBRL
202001/07/2019 – 30/06/202013/11/2020The 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
02468101214161808/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 4.2mNo. 668 of 1,656
Better than 60% of the companies in the industry
Equity−DKK 6.9mNo. 1589 of 1,661
Better than 4% of the companies in the industry
Number of employees10No. 503 of 1,661
Better than 70% 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. 16,457of 69,742
Better than 76%
No. 69,390of 69,964
Better than 1%
Same industry and fewer than 20 employees1,365 companies in the comparison
No. 398of 1,363
Better than 71%
No. 1,314of 1,365
Better than 4%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 10,120of 33,588
Better than 70%
No. 33,218of 33,687
Better than 1%
All companies of type ApS66,508 companies in the comparison
No. 16,562of 66,379
Better than 75%
No. 65,931of 66,505
Better than 1%

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. Xtel Wireless ApSDKK 4.2m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Xtel Wireless ApS−DKK 7.1m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Xtel Wireless ApS−DKK 6.9m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Xtel Wireless ApS10
  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
  • Valbak Invest ApS25%
  • LFR Holding 2018 ApS10%
  • NOALVA Invest ApS33.33%
  • Maltor Holding ApS15%
Xtel Wireless ApS

Management

4 active registrations

Executive management

Executive management at Xtel Wireless ApS
NameRoleAppointed
Tom Valbak AardestrupCEO30/11/2021

Board of directors

Board of directors at Xtel Wireless ApS
NameRoleAppointed
Torben ClementBoard member05/07/2018
Lars RiisbergChair of the board02/05/2023
Klaus MejlholmBoard member01/08/2023
Founders
EIA Holding ApS
Former management (9)
Former management at Xtel Wireless ApS
NameRoleAppointedResigned
Torben ClementDirector01/12/201630/11/2021
Troels SeverinsenBoard member05/07/201819/05/2022
Lars RiisbergChair of the board05/07/201818/05/2022
Flemming Holst Østergaard PedersenBoard member05/07/201818/02/2019
Grimur Thor LundBoard member18/02/201918/05/2022
Jens Christian LindofBoard member20/01/202019/05/2022
Lars RiisbergBoard member19/05/202201/05/2023
Grimur Thor LundChair of the board19/05/202201/05/2023
Grimur Thor LundBoard member02/05/202301/08/2023

Signing rule: Selskabet tegnes af en direktør i forening med formanden for bestyrelsen eller af den samlede bestyrelse.

Address and production units

1 active production units

Gasværksvej 32E
9000 Aalborg

Aalborg Municipality · Postcode 9000

Production units
Production unitAddressEmployeesP number
Xtel Wireless ApSGasværksvej 32E, 9000 Aalborg91021975342

Purpose

Selskabets formål er (i) at besidde kapitalandele i datterselskaber og associerede selskaber, (ii) at drive investeringsvirksomhed og (iii) at drive virksomhed med udvikling, produktion og salg af software og hardware samt anden dermed efter direktionens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

66 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
202320 changesownership 12 · management 6 · capital 2
  • MALTOR HOLDING ApS registered as owner (15%)
  • MALTOR HOLDING ApS is no longer registered as owner
  • Klaus Mejlholm appointed board member
  • Grimur Thor Lund stepped down as board member
  • Share capital changed from 1,466,147 DKK to 1,788,699 DKK
  • NOALVA Invest ApS registered as owner (33.33%)
  • LFR Holding 2018 ApS registered as owner (10%)
  • Valbak Invest ApS registered as owner (25%)
  • MALTOR HOLDING ApS registered as owner (10%)
  • Valbak Invest ApS is no longer registered as owner
  • LFR Holding 2018 ApS is no longer registered as owner
  • NOALVA Invest ApS is no longer registered as owner
  • Share capital changed from 279,517 DKK to 1,466,147 DKK
  • Grimur Thor Lund appointed board member
  • Lars Riisberg appointed chair of the board
  • Valbak Invest ApS registered as owner (33.33%)
  • EIA Holding ApS is no longer registered as owner
  • LOGIMATIC HOLDING A/S is no longer registered as owner
  • Lars Riisberg stepped down as board member
  • Grimur Thor Lund stepped down as chair of the board
202221 changesaccounts 1 · capital 2 · ownership 10 · address 2 · management 6
  • Annual report for 2022 published
  • Share capital changed from 192,308 DKK to 279,517 DKK
  • EIA Holding ApS registered as owner (15%)
  • LOGIMATIC HOLDING A/S registered as owner (25%)
  • LFR Holding 2018 ApS registered as owner (10%)
  • EIA Holding ApS is no longer registered as owner
  • LOGIMATIC HOLDING A/S is no longer registered as owner
  • Moved to Gasværksvej 32E, 9000 Aalborg
  • Moved to Gasværksvej 32E, 9000 Aalborg
  • Lars Riisberg appointed board member
  • Grimur Thor Lund appointed chair of the board
  • Jens Christian Lindof stepped down as board member
  • Troels Severinsen stepped down as board member
  • Grimur Thor Lund stepped down as board member
  • Lars Riisberg stepped down as chair of the board
  • Share capital changed from 102,040 DKK to 192,308 DKK
  • NOALVA Invest ApS registered as owner (33.33%)
  • EIA Holding ApS registered as owner (25%)
  • LOGIMATIC HOLDING A/S registered as owner (33.33%)
  • EIA Holding ApS is no longer registered as owner
  • LOGIMATIC HOLDING A/S is no longer registered as owner
20214 changesaccounts 1 · management 2 · address 1
  • Annual report for 2021 published
  • Tom Valbak Aardestrup appointed ceo
  • Torben Clement stepped down as director
  • Moved to Sofiendalsvej 9, 9200 Aalborg SV
20204 changesaccounts 1 · address 2 · management 1
  • Annual report for 2020 published
  • Moved to Alfred Nobels Vej 21E, 9220 Aalborg Øst
  • Moved to Alfred Nobels Vej 21E, 9220 Aalborg Øst
  • Jens Christian Lindof appointed board member
20192 changesmanagement 2
  • Grimur Thor Lund appointed board member
  • Flemming Holst Østergaard Pedersen stepped down as board member
20188 changesmanagement 4 · capital 1 · ownership 3
  • Flemming Holst Østergaard Pedersen appointed board member
  • Torben Clement appointed board member
  • Troels Severinsen appointed board member
  • Lars Riisberg appointed chair of the board
  • Share capital changed from 50,000 DKK to 102,040 DKK
  • EIA Holding ApS registered as owner (33.33%)
  • LOGIMATIC HOLDING A/S registered as owner (50%)
  • EIA Holding ApS is no longer registered as owner
20171 changeaddress 1
  • Moved to Alfred Nobels Vej 21E, 9220 Aalborg Øst
20163 changesfounded 1 · management 1 · ownership 1
  • Registered as Xtel Wireless ApS
  • Torben Clement appointed director
  • EIA Holding ApS registered as owner (100%)

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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