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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 611 | 3,102 | 6,781 | 10,880 | 36,851 | 38,547 | +4.6% |
| Gross profit | −4,405 | −9,700 | −4,565 | −9,718 | 7,838 | 16,745 | +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 assets | 15,262 | 24,145 | 59,867 | 71,901 | 152,635 | 118,709 | −22.2% |
| Equity | 13,171 | 4,986 | 39,370 | 10,917 | 90,647 | 93,521 | +3.2% |
| Liabilities | 2,091 | 19,159 | 20,497 | 60,984 | 61,048 | 24,198 | −60.4% |
| Cash and cash equivalents | 8,846 | 5,137 | 22,970 | 15,174 | 7,317 | 5,803 | −20.7% |
| Average number of employees | 13 | – | 130 | 137 | 417 | 460 | +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
Signals from the financial statements
calculated from the 2025 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 26/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 29/12/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 02/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 16/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/05/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
499 companies in the databaseComparison with the other companies in other software publishing based on the latest financial year.
Industry median: gross profit DKK 2.9m, net profit DKK 42,450, equity DKK 1.1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- ZeroNorth A/SDKK 16.7m
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- ZeroNorth A/S−DKK 41.5m
- Milestone Systems A/SDKK 183.4m
- Visma e-conomic A/SDKK 456.2m
- ZeroNorth A/SDKK 93.5m
- Milestone Systems A/SDKK 1.7bn
- Visma e-conomic A/SDKK 471.5m
- ZeroNorth A/S114
- Milestone Systems A/S531
- 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- Agata ApS5%
- Cargill International SA10%
- A.P. Møller Maritime ApS33.33%
- Zeban Holdco S.à r.l.10%
- Alpha Ori Investments LLC5%
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Søren Andersen | Director | 01/03/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Danny Brian Lange | Board member | 27/10/2020 |
| Eric Aboussouan | Board member | 27/10/2020 |
| Mikael Øpstun Skov | Board member | 19/02/2024 |
| Edward Frederick Llywelyn Hughes | Board member | 26/02/2025 |
| Maria Aagaard Pejter | Chair of the board | 15/04/2026 |
| Steffen Risager | Board member | 15/04/2026 |
- Founders
- ApS KBUS 38 nr.3117
Former management (13)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Andreas Stakemann | Board member | 01/01/2020 | 02/04/2020 |
| Peter Andreas Stakemann | Director | 01/01/2020 | 02/04/2020 |
| Thomas Jeffrey Malherbes Gullacksen | Chair of the board | 01/01/2020 | 02/04/2020 |
| Ulf Lund | Board member | 01/01/2020 | 02/04/2020 |
| Søren Christian Meyer | Director | 02/04/2020 | 01/03/2026 |
| Robert Maersk Uggla | Board member | 02/04/2020 | 21/06/2022 |
| Christian Michael Ingerslev | Chair of the board | 02/04/2020 | 15/04/2026 |
| Ibrahim Gokcen | Board member | 02/04/2020 | 19/02/2024 |
| Edward Frederick Llywelyn Hughes | Board member | 14/06/2022 | 23/06/2023 |
| Maria Aagaard Pejter | Board member | 21/06/2022 | 14/04/2026 |
| Rodolphe Aldo Mario Mareuse | Board member | 23/06/2023 | 26/02/2025 |
| Balaji Sankaran | Board member | 19/02/2024 | 23/06/2025 |
| Rajesh Madhavan Unni | Board member | 19/02/2024 | 08/04/2025 |
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 unitsAmagerfælledvej 106
2300 København S
København Municipality · Postcode 2300
Other companies at the address (8)
- Ardoq Denmark ApSOther software publishing
- Mono Solutions ApSComputer programming activities
- Source2Sea A/SNon-specialised wholesale trade
- Nu Skin Scandinavia A/SWholesale of perfume and cosmetics
- Ubiqisense ApSManufacture of instruments and appliances for measuring, testing and navigation
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ZeroNorth A/S | Amagerfælledvej 106, 2300 København S | 114 | 1025388670 |
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 events20268 changesaccounts 1 · management 6 · capital 1
- AccountsAnnual report for 2025 published
- ManagementMaria Aagaard Pejter appointed chair of the board
- ManagementSteffen Risager appointed board member
- ManagementChristian Michael Ingerslev stepped down as chair of the board
- ManagementMaria Aagaard Pejter stepped down as board member
- ManagementSøren Andersen appointed director
- ManagementSøren Christian Meyer stepped down as director
- CapitalShare capital changed from 1,991,223 DKK to 1,991,463 DKK
202510 changesaccounts 1 · capital 4 · management 4 · industry 1
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 1,990,953 DKK to 1,991,223 DKK
- CapitalShare capital changed from 1,990,858 DKK to 1,990,953 DKK
- CapitalShare capital changed from 1,706,329 DKK to 1,990,858 DKK
- ManagementBalaji Sankaran stepped down as board member
- ManagementRajesh Madhavan Unni stepped down as board member
- ManagementEdward Frederick Llywelyn Hughes appointed board member
- ManagementRodolphe Aldo Mario Mareuse stepped down as board member
- CapitalShare capital changed from 1,706,189 DKK to 1,706,329 DKK
- IndustryIndustry changed to Other software publishing (582900)
202431 changescapital 9 · accounts 1 · ownership 17 · management 4
- CapitalShare capital changed from 1,705,709 DKK to 1,706,189 DKK
- CapitalShare capital changed from 1,703,402 DKK to 1,705,709 DKK
- CapitalShare capital changed from 1,701,344 DKK to 1,703,402 DKK
- CapitalShare capital changed from 1,701,284 DKK to 1,701,344 DKK
- CapitalShare capital changed from 1,701,236 DKK to 1,701,284 DKK
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 1,700,996 DKK to 1,701,236 DKK
- CapitalShare capital changed from 1,568,291 DKK to 1,700,996 DKK
- OwnershipA.P. Møller Maritime ApS registered as owner (33.33%)
- OwnershipAlpha Ori Investments LLC registered as owner (5%)
- OwnershipZeban Holdco S.à r.l. registered as owner (10%)
- OwnershipSouthern Route Maritime S.A. is no longer registered as owner
- OwnershipBW Maritime Pte. Ltd. is no longer registered as owner
- OwnershipA.P. Møller Maritime ApS is no longer registered as owner
- OwnershipZeban Holdco S.à r.l. is no longer registered as owner
- OwnershipAlpha Ori Investments LLC is no longer registered as owner
- CapitalShare capital changed from 937,910 DKK to 1,568,291 DKK
- ManagementBalaji Sankaran appointed board member
- ManagementMikael Øpstun Skov appointed board member
- ManagementRajesh Madhavan Unni appointed board member
- ManagementIbrahim Gokcen stepped down as board member
- OwnershipA.P. Møller Maritime ApS registered as owner (25%)
- OwnershipZeban Holdco S.à r.l. registered as owner (5%)
- OwnershipAlpha Ori Investments LLC registered as owner (15%)
- OwnershipCargill International SA registered as owner (10%)
- OwnershipSouthern Route Maritime S.A. registered as owner (5%)
- OwnershipBW Maritime Pte. Ltd. registered as owner (5%)
- OwnershipZeban Holdco S.à r.l. is no longer registered as owner
- OwnershipCargill International SA is no longer registered as owner
- OwnershipA.P. Møller Maritime ApS is no longer registered as owner
- CapitalShare capital changed from 937,902 DKK to 937,910 DKK
20238 changesaddress 1 · capital 2 · management 2 · accounts 1 · ownership 2
- AddressMoved to Amagerfælledvej 106, 2300 København S
- CapitalShare capital changed from 937,377 DKK to 937,902 DKK
- ManagementRodolphe Aldo Mario Mareuse appointed board member
- ManagementEdward Frederick Llywelyn Hughes stepped down as board member
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 907,990 DKK to 937,377 DKK
- OwnershipAgata ApS registered as owner (5%)
- OwnershipAgata ApS is no longer registered as owner
202217 changescapital 3 · ownership 10 · management 3 · accounts 1
- CapitalShare capital changed from 853,602 DKK to 907,990 DKK
- CapitalShare capital changed from 913,602 DKK to 853,602 DKK
- OwnershipZeroNorth A/S is no longer registered as owner
- ManagementMaria Aagaard Pejter appointed board member
- ManagementRobert Maersk Uggla stepped down as board member
- CapitalShare capital changed from 600,000 DKK to 913,602 DKK
- ManagementEdward Frederick Llywelyn Hughes appointed board member
- OwnershipZeban Holdco S.à r.l. registered as owner (10%)
- OwnershipAgata ApS registered as owner (10%)
- OwnershipZeroNorth A/S registered as owner (5%)
- OwnershipCargill International SA registered as owner (20%)
- OwnershipA.P. Møller Maritime ApS registered as owner (50%)
- OwnershipAgata ApS is no longer registered as owner
- OwnershipA.P. Møller Maritime ApS is no longer registered as owner
- OwnershipCargill International SA is no longer registered as owner
- OwnershipZeroNorth A/S is no longer registered as owner
- AccountsAnnual report for 2021 published
20215 changesaddress 1 · ownership 3 · accounts 1
- AddressMoved to Amagerfælledvej 106, 2300 København S
- OwnershipAgata ApS registered as owner (10%)
- OwnershipA.P. Møller Maritime ApS registered as owner (50%)
- OwnershipMAERSK TANKERS A/S is no longer registered as owner
- AccountsAnnual report for 2020 published
202027 changescapital 1 · management 14 · ownership 7 · name 2 · address 1 · industry 1 · founded 1
- CapitalShare capital changed from 400,000 DKK to 600,000 DKK
- ManagementEric Aboussouan appointed board member
- ManagementDanny Brian Lange appointed board member
- OwnershipCargill International SA registered as owner (15%)
- OwnershipZeroNorth A/S registered as owner (10%)
- NameName changed from Maersk Tankers Digital NewCo A/S to ZeroNorth A/S
- OwnershipMAERSK TANKERS A/S registered as owner (66.67%)
- OwnershipMAERSK TANKERS A/S is no longer registered as owner
- AddressMoved to Holmbladsgade 133, 2300 København S
- NameName changed from A/S KBUS 18 - 194 to Maersk Tankers Digital NewCo A/S
- IndustryIndustry changed to Sea and coastal freight water transport (502000)
- ManagementIbrahim Gokcen appointed board member
- ManagementRobert Maersk Uggla appointed board member
- ManagementSøren Christian Meyer appointed director
- ManagementChristian Michael Ingerslev appointed chair of the board
- ManagementThomas Jeffrey Malherbes Gullacksen stepped down as chair of the board
- ManagementPeter Andreas Stakemann stepped down as director
- ManagementPeter Andreas Stakemann stepped down as board member
- ManagementUlf Lund stepped down as board member
- OwnershipMAERSK TANKERS A/S registered as owner (100%)
- OwnershipApS KBUS 38 nr.3117 is no longer registered as owner
- FoundedRegistered as A/S KBUS 18 - 194
- ManagementThomas Jeffrey Malherbes Gullacksen appointed chair of the board
- ManagementPeter Andreas Stakemann appointed director
- ManagementPeter Andreas Stakemann appointed board member
- ManagementUlf Lund appointed board member
- OwnershipApS KBUS 38 nr.3117 registered as owner (100%)
Related companies
Same industry in København
- Simcorp A/S634 employees
- Visma e-conomic A/S456 employees
- PowerMatch ApS333 employees
- Sap Danmark A/S266 employees
- Better Collective A/S152 employees
- Planday A/S150 employees
Same people in management
- Norlys Telco A/Svia Ulf Lund
- Pure Gym Denmark A/Svia Peter Andreas Stakemann
- Atea A/Svia Peter Andreas Stakemann
- itm8 A/Svia Christian Michael Ingerslev
- Nomeco A/Svia Peter Andreas Stakemann
- Aviator Flight Services ApSvia Peter Andreas Stakemann
Largest in the industry
- Milestone Systems A/SDKK 2bn
- Visma e-conomic A/SDKK 880.2m
- Google Denmark ApSDKK 382m
- Continia Software A/SDKK 309.6m
- Boyum IT Solutions A/SDKK 208.2m
- Capture One A/SDKK 164.4m
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.