ZeroNorth A/S

Public limited companyCVR 41052236København SActive

ZeroNorth A/S is a public limited company, based in København S, active in other software publishing, founded in 2020. The company made a loss in both 2024 and 2025, most recently DKK 41.5m. With 114 employees, the company is about 29 times larger than the industry median. Gross profit is higher than that of 81% of the companies in the industry in the database.

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Key figures · financial year 2025

RevenueDKK 38.5m+4.6% vs. 2024
Net profit−DKK 41.5m+36.8% vs. 2024
EquityDKK 93.5m+3.2% vs. 2024
Employees114latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 114% (2024 → 2025), to DKK 16.7m.
  • Revenue rose 5% (2024 → 2025), to DKK 38.5m.
  • The loss got smaller: from DKK 65.7m to DKK 41.5m (2024 → 2025).
  • Equity rose 3% (2024 → 2025), to DKK 93.5m.

Employees

  • 3 more employees than a year earlier: 114 (07/2026) against 111 (07/2025).

Management and owners, last 24 months

  • New in management: Edward Frederick Llywelyn Hughes (board member, 26/02/2025), Søren Andersen (director, 01/03/2026) and Maria Aagaard Pejter (chair of the board, 15/04/2026) (+1).
  • Stepped down: Søren Christian Meyer (director, 01/03/2026), Christian Michael Ingerslev (chair of the board, 15/04/2026) and Maria Aagaard Pejter (board member, 14/04/2026) (+3).

Registrations, last 24 months

  • 20/01/2026: Share capital changed from 1,991,223 DKK to 1,991,463 DKK
  • 11/09/2025: Share capital changed from 1,990,953 DKK to 1,991,223 DKK
  • 31/07/2025: Share capital changed from 1,990,858 DKK to 1,990,953 DKK
  • 30/06/2025: Share capital changed from 1,706,329 DKK to 1,990,858 DKK
  • 28/01/2025: Share capital changed from 1,706,189 DKK to 1,706,329 DKK
  • 01/01/2025: Industry changed to Other software publishing (582900)

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 80m−DKK 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for ZeroNorth A/S
202020212022202320242025Change
Revenue6113,1026,78110,88036,85138,547+4.6%
Gross profit−4,405−9,700−4,565−9,7187,83816,745+113.6%
Operating profit (EBIT)––−35,231−40,976−58,766−47,974+18.4%
Profit before tax−5,176−11,026−35,825−40,769−64,494−47,308+26.6%
Net profit−4,037−8,185−32,772−36,754−65,665−41,470+36.8%
Total assets15,26224,14559,86771,901152,635118,709−22.2%
Equity13,1714,98639,37010,91790,64793,521+3.2%
Liabilities2,09119,15920,49760,98461,04824,198−60.4%
Cash and cash equivalents8,8465,13722,97015,1747,3175,803−20.7%
Average number of employees13–130137417460+10.3%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m202020212022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

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

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 ZeroNorth A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202429/12/2025The groupPDFXBRL
202301/01/2023 – 31/12/202302/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202003/05/2021The 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
02040608010012014016018020008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 16.7mNo. 94 of 494
Better than 81% of the companies in the industry
EquityDKK 93.5mNo. 14 of 499
Better than 97% of the companies in the industry
Number of employees114No. 3 of 499
Better than 100% 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 50–199 employees4,467 companies in the comparison
No. 3,404of 4,412
Better than 23%
No. 714of 4,466
Better than 84%
Same industry and 50–199 employees24 companies in the comparison
No. 23of 23
Better than 0%
No. 7of 24
Better than 74%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,501of 33,588
Better than 93%
No. 731of 33,687
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 6,730of 17,786
Better than 62%
No. 2,383of 18,024
Better than 87%

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. ZeroNorth A/SDKK 16.7m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. ZeroNorth A/S−DKK 41.5m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. ZeroNorth A/SDKK 93.5m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. ZeroNorth A/S114
  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
  • Agata ApS5%
  • Cargill International SA10%
  • A.P. Møller Maritime ApS33.33%
  • Zeban Holdco S.à r.l.10%
  • Alpha Ori Investments LLC5%
ZeroNorth A/S

Management

7 active registrations

Executive management

Executive management at ZeroNorth A/S
NameRoleAppointed
Søren AndersenDirector01/03/2026

Board of directors

Board of directors at ZeroNorth A/S
NameRoleAppointed
Danny Brian LangeBoard member27/10/2020
Eric AboussouanBoard member27/10/2020
Mikael Øpstun SkovBoard member19/02/2024
Edward Frederick Llywelyn HughesBoard member26/02/2025
Maria Aagaard PejterChair of the board15/04/2026
Steffen RisagerBoard member15/04/2026
Founders
ApS KBUS 38 nr.3117
Former management (13)
Former management at ZeroNorth A/S
NameRoleAppointedResigned
Peter Andreas StakemannBoard member01/01/202002/04/2020
Peter Andreas StakemannDirector01/01/202002/04/2020
Thomas Jeffrey Malherbes GullacksenChair of the board01/01/202002/04/2020
Ulf LundBoard member01/01/202002/04/2020
Søren Christian MeyerDirector02/04/202001/03/2026
Robert Maersk UgglaBoard member02/04/202021/06/2022
Christian Michael IngerslevChair of the board02/04/202015/04/2026
Ibrahim GokcenBoard member02/04/202019/02/2024
Edward Frederick Llywelyn HughesBoard member14/06/202223/06/2023
Maria Aagaard PejterBoard member21/06/202214/04/2026
Rodolphe Aldo Mario MareuseBoard member23/06/202326/02/2025
Balaji SankaranBoard member19/02/202423/06/2025
Rajesh Madhavan UnniBoard member19/02/202408/04/2025

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med et medlem af direktionen eller af den samlede bestyrelse.

Address and production units

1 active production units

Amagerfælledvej 106
2300 København S

København Municipality · Postcode 2300

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
ZeroNorth A/SAmagerfælledvej 106, 2300 København S1141025388670

Purpose

Selskabets formål er at udvikle, markedsføre, sælge, implementere og varetage driften af software og relaterede ydelser til virksomheder og institutioner, hvis aktiviteter er inden for eller relateret til skibsfart, befragtning og lignende virksomhed, anden transportvirksomhed, handel og service og industriel virksomhed i indland og udland, investering i anlægsaktiver og finansiering samt anden dermed beslægtet virksomhed. Selskabets formål kan enten opfyldes direkte eller ved aktiebesiddelse i andre selskaber.

The purpose is quoted from the register in Danish.

Changes year by year

106 registered events
20268 changesaccounts 1 · management 6 · capital 1
  • Annual report for 2025 published
  • Maria Aagaard Pejter appointed chair of the board
  • Steffen Risager appointed board member
  • Christian Michael Ingerslev stepped down as chair of the board
  • Maria Aagaard Pejter stepped down as board member
  • Søren Andersen appointed director
  • Søren Christian Meyer stepped down as director
  • Share capital changed from 1,991,223 DKK to 1,991,463 DKK
202510 changesaccounts 1 · capital 4 · management 4 · industry 1
  • Annual report for 2024 published
  • Share capital changed from 1,990,953 DKK to 1,991,223 DKK
  • Share capital changed from 1,990,858 DKK to 1,990,953 DKK
  • Share capital changed from 1,706,329 DKK to 1,990,858 DKK
  • Balaji Sankaran stepped down as board member
  • Rajesh Madhavan Unni stepped down as board member
  • Edward Frederick Llywelyn Hughes appointed board member
  • Rodolphe Aldo Mario Mareuse stepped down as board member
  • Share capital changed from 1,706,189 DKK to 1,706,329 DKK
  • Industry changed to Other software publishing (582900)
202431 changescapital 9 · accounts 1 · ownership 17 · management 4
  • Share capital changed from 1,705,709 DKK to 1,706,189 DKK
  • Share capital changed from 1,703,402 DKK to 1,705,709 DKK
  • Share capital changed from 1,701,344 DKK to 1,703,402 DKK
  • Share capital changed from 1,701,284 DKK to 1,701,344 DKK
  • Share capital changed from 1,701,236 DKK to 1,701,284 DKK
  • Annual report for 2023 published
  • Share capital changed from 1,700,996 DKK to 1,701,236 DKK
  • Share capital changed from 1,568,291 DKK to 1,700,996 DKK
  • A.P. Møller Maritime ApS registered as owner (33.33%)
  • Alpha Ori Investments LLC registered as owner (5%)
  • Zeban Holdco S.à r.l. registered as owner (10%)
  • Southern Route Maritime S.A. is no longer registered as owner
  • BW Maritime Pte. Ltd. is no longer registered as owner
  • A.P. Møller Maritime ApS is no longer registered as owner
  • Zeban Holdco S.à r.l. is no longer registered as owner
  • Alpha Ori Investments LLC is no longer registered as owner
  • Share capital changed from 937,910 DKK to 1,568,291 DKK
  • Balaji Sankaran appointed board member
  • Mikael Øpstun Skov appointed board member
  • Rajesh Madhavan Unni appointed board member
  • Ibrahim Gokcen stepped down as board member
  • A.P. Møller Maritime ApS registered as owner (25%)
  • Zeban Holdco S.à r.l. registered as owner (5%)
  • Alpha Ori Investments LLC registered as owner (15%)
  • Cargill International SA registered as owner (10%)
  • Southern Route Maritime S.A. registered as owner (5%)
  • BW Maritime Pte. Ltd. registered as owner (5%)
  • Zeban Holdco S.à r.l. is no longer registered as owner
  • Cargill International SA is no longer registered as owner
  • A.P. Møller Maritime ApS is no longer registered as owner
  • Share capital changed from 937,902 DKK to 937,910 DKK
20238 changesaddress 1 · capital 2 · management 2 · accounts 1 · ownership 2
  • Moved to Amagerfælledvej 106, 2300 København S
  • Share capital changed from 937,377 DKK to 937,902 DKK
  • Rodolphe Aldo Mario Mareuse appointed board member
  • Edward Frederick Llywelyn Hughes stepped down as board member
  • Annual report for 2022 published
  • Share capital changed from 907,990 DKK to 937,377 DKK
  • Agata ApS registered as owner (5%)
  • Agata ApS is no longer registered as owner
202217 changescapital 3 · ownership 10 · management 3 · accounts 1
  • Share capital changed from 853,602 DKK to 907,990 DKK
  • Share capital changed from 913,602 DKK to 853,602 DKK
  • ZeroNorth A/S is no longer registered as owner
  • Maria Aagaard Pejter appointed board member
  • Robert Maersk Uggla stepped down as board member
  • Share capital changed from 600,000 DKK to 913,602 DKK
  • Edward Frederick Llywelyn Hughes appointed board member
  • Zeban Holdco S.à r.l. registered as owner (10%)
  • Agata ApS registered as owner (10%)
  • ZeroNorth A/S registered as owner (5%)
  • Cargill International SA registered as owner (20%)
  • A.P. Møller Maritime ApS registered as owner (50%)
  • Agata ApS is no longer registered as owner
  • A.P. Møller Maritime ApS is no longer registered as owner
  • Cargill International SA is no longer registered as owner
  • ZeroNorth A/S is no longer registered as owner
  • Annual report for 2021 published
20215 changesaddress 1 · ownership 3 · accounts 1
  • Moved to Amagerfælledvej 106, 2300 København S
  • Agata ApS registered as owner (10%)
  • A.P. Møller Maritime ApS registered as owner (50%)
  • MAERSK TANKERS A/S is no longer registered as owner
  • Annual report for 2020 published
202027 changescapital 1 · management 14 · ownership 7 · name 2 · address 1 · industry 1 · founded 1
  • Share capital changed from 400,000 DKK to 600,000 DKK
  • Eric Aboussouan appointed board member
  • Danny Brian Lange appointed board member
  • Cargill International SA registered as owner (15%)
  • ZeroNorth A/S registered as owner (10%)
  • Name changed from Maersk Tankers Digital NewCo A/S to ZeroNorth A/S
  • MAERSK TANKERS A/S registered as owner (66.67%)
  • MAERSK TANKERS A/S is no longer registered as owner
  • Moved to Holmbladsgade 133, 2300 København S
  • Name changed from A/S KBUS 18 - 194 to Maersk Tankers Digital NewCo A/S
  • Industry changed to Sea and coastal freight water transport (502000)
  • Ibrahim Gokcen appointed board member
  • Robert Maersk Uggla appointed board member
  • Søren Christian Meyer appointed director
  • Christian Michael Ingerslev appointed chair of the board
  • Thomas Jeffrey Malherbes Gullacksen stepped down as chair of the board
  • Peter Andreas Stakemann stepped down as director
  • Peter Andreas Stakemann stepped down as board member
  • Ulf Lund stepped down as board member
  • MAERSK TANKERS A/S registered as owner (100%)
  • ApS KBUS 38 nr.3117 is no longer registered as owner
  • Registered as A/S KBUS 18 - 194
  • Thomas Jeffrey Malherbes Gullacksen appointed chair of the board
  • Peter Andreas Stakemann appointed director
  • Peter Andreas Stakemann appointed board member
  • Ulf Lund appointed board member
  • ApS KBUS 38 nr.3117 registered as owner (100%)

Related companies

Same industry in København

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.

View in CVRReport a correction