ZTLment ApS

Private limited companyCVR 41801298København KActive

ZTLment ApS is a private limited company, based in København K, active in other software publishing, founded in 2020. The company made a loss in both 2024 and 2025, most recently DKK 8.3m.

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Key figures · financial year 2025

Gross profit−DKK 3.5m+21.9% vs. 2024
Net profit−DKK 8.3m+16.1% vs. 2024
EquityDKK 2.2m+12.3% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 9.8m to DKK 8.3m (2024 → 2025).
  • Equity rose 12% (2024 → 2025), to DKK 2.2m.

Management and owners, last 24 months

  • New in management: Anders Dalgaard Sørensen (chair of the board, 09/01/2026) and Miguel Alexandre Calado de Albuquerque e Azevedo Moura (board member, 09/01/2026).
  • Stepped down: Frederik Christian Gjessing Vinten (chair of the board, 09/01/2026) and Mikkel Hippe Brun (board member, 09/01/2026).
  • New owners registered: Complypay Group ApS (05/02/2025).
  • No longer registered as owner: Upfin Fund I K/S (05/02/2025), Jason Spasovski Holding ApS (05/02/2025) and PreSeed Ventures Tech Fund I K/S (05/02/2025) (+2).

Registrations, last 24 months

  • 19/02/2025: Share capital changed from 169,109 DKK to 169,110 DKK

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 2021–2025 · amounts in DKK thousand

Equity and net profit

−DKK 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m20212022202320242025
EquityNet profit
Financial figures for ZTLment ApS
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit−107−1,107−82−4,508−3,520+21.9%
Operating profit (EBIT)−817−3,429−4,074−9,836−8,197+16.7%
Profit before tax––−4,127−9,841−8,254+16.1%
Net profit−820−3,437−4,127−9,841−8,254+16.1%
Total assets1,7346,0823,9033,4685,204+50.1%
Equity−7205,6721,9191,9692,212+12.3%
Liabilities2,4544101,9851,4982,992+99.7%
Cash and cash equivalents1,6595,5073,7253,2204,890+51.9%
Average number of employees37776−14.3%

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 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 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m20212022202320242025
Gross profitMedian, the industry (499 companies)

Signals from the financial statements

calculated from the 2025 figures
  • 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.

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

5 financial years
Annual reports for ZTLment ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202128/10/2020 – 31/12/202106/07/2022The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profit−DKK 3.5mNo. 480 of 494
Better than 3% of the companies in the industry
EquityDKK 2.2mNo. 198 of 499
Better than 60% of the companies in the industry
Number of employees5No. 201 of 499
Better than 60% 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 875.9m
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 fewer than 20 employees69,967 companies in the comparison
No. 69,429of 69,742
Better than 0%
No. 23,041of 69,964
Better than 67%
Same industry and fewer than 20 employees406 companies in the comparison
No. 391of 404
Better than 3%
No. 121of 406
Better than 70%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,390of 33,588
Better than 1%
No. 10,195of 33,687
Better than 70%
All companies of type ApS66,508 companies in the comparison
No. 66,115of 66,379
Better than 0%
No. 19,285of 66,505
Better than 71%

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. ZTLment ApS−DKK 3.5m
  2. Milestone Systems A/SDKK 2bn
  3. Visma e-conomic A/SDKK 880.2m
Net profit
  1. ZTLment ApS−DKK 8.3m
  2. Milestone Systems A/SDKK 183.4m
  3. Visma e-conomic A/SDKK 456.2m
Equity
  1. ZTLment ApSDKK 2.2m
  2. Milestone Systems A/SDKK 1.7bn
  3. Visma e-conomic A/SDKK 471.5m
Employees
  1. ZTLment ApS5
  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
ZTLment ApS

Management

3 active registrations

Executive management

Executive management at ZTLment ApS
NameRoleAppointed
Mads Stolberg-MathieuDirector28/10/2020

Board of directors

Board of directors at ZTLment ApS
NameRoleAppointed
Anders Dalgaard SørensenChair of the board09/01/2026
Miguel Alexandre Calado de Albuquerque e Azevedo MouraBoard member09/01/2026
Founders
Mads Stolberg-Larsen Holding ApS
Former management (7)
Former management at ZTLment ApS
NameRoleAppointedResigned
Jason SpasovskiDirector26/02/202121/02/2022
Mads Stolberg-MathieuChair of the board16/12/202106/12/2022
Jason SpasovskiBoard member16/12/202127/11/2023
Frederik Christian Gjessing VintenChair of the board07/12/202209/01/2026
Mads Stolberg-MathieuBoard member07/12/202227/11/2023
Mikkel Hippe BrunBoard member27/11/202309/01/2026
Frank SchuilBoard member27/11/202306/03/2024

Signing rule: Selskabet tegnes af den samlede direktion i forening.

Address and production units

1 active production units

Linnésgade 20A
1361 København K

København Municipality · Postcode 1361

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
ZTLment ApSLinnésgade 20A, 2, 1361 København K51026414098

Purpose

Selskabets formål er at drive virksomhed med handel og service indenfor området finansielle services (fintech) og anden beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

62 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Anders Dalgaard Sørensen appointed chair of the board
  • Miguel Alexandre Calado de Albuquerque e Azevedo Moura appointed board member
  • Mikkel Hippe Brun stepped down as board member
  • Frederik Christian Gjessing Vinten stepped down as chair of the board
20258 changesaccounts 1 · capital 1 · ownership 6
  • Annual report for 2024 published
  • Share capital changed from 169,109 DKK to 169,110 DKK
  • Complypay Group ApS registered as owner (100%)
  • Giant Ventures I LP is no longer registered as owner
  • Mads Stolberg-Larsen Holding ApS is no longer registered as owner
  • PreSeed Ventures Tech Fund I K/S is no longer registered as owner
  • Jason Spasovski Holding ApS is no longer registered as owner
  • Upfin Fund I K/S is no longer registered as owner
202410 changesownership 6 · accounts 1 · capital 2 · management 1
  • HJK Ventures Ltd is no longer registered as owner
  • Annual report for 2023 published
  • Share capital changed from 163,452 DKK to 169,109 DKK
  • Giant Ventures I LP registered as owner (10%)
  • Giant Ventures I LP is no longer registered as owner
  • Share capital changed from 141,121 DKK to 163,452 DKK
  • Mads Stolberg-Larsen Holding ApS registered as owner (25%)
  • PreSeed Ventures Tech Fund I K/S registered as owner (5%)
  • Frank Schuil stepped down as board member
  • Mads Stolberg-Larsen Holding ApS is no longer registered as owner
20236 changesmanagement 4 · capital 1 · accounts 1
  • Mikkel Hippe Brun appointed board member
  • Frank Schuil appointed board member
  • Mads Stolberg-Mathieu stepped down as board member
  • Jason Spasovski stepped down as board member
  • Share capital changed from 140,300 DKK to 141,121 DKK
  • Annual report for 2022 published
202223 changesmanagement 4 · capital 2 · ownership 15 · accounts 1 · address 1
  • Mads Stolberg-Mathieu appointed board member
  • Frederik Christian Gjessing Vinten appointed chair of the board
  • Mads Stolberg-Mathieu stepped down as chair of the board
  • Share capital changed from 137,840 DKK to 140,300 DKK
  • Jason Spasovski Holding ApS registered as owner (20%)
  • Jason Spasovski Holding ApS is no longer registered as owner
  • Share capital changed from 100,000 DKK to 137,840 DKK
  • Upfin Fund I K/S registered as owner (5%)
  • Mads Stolberg-Larsen Holding ApS registered as owner (33.33%)
  • Jason Spasovski Holding ApS registered as owner (25%)
  • HJK Ventures Ltd registered as owner (5%)
  • Giant Ventures I LP registered as owner (15%)
  • HJK Ventures Ltd is no longer registered as owner
  • Jason Spasovski Holding ApS is no longer registered as owner
  • Mads Stolberg-Larsen Holding ApS is no longer registered as owner
  • Annual report for 2021 published
  • Moved to Linnésgade 20A, 2, 1361 København K
  • Jason Spasovski stepped down as director
  • HJK Ventures Ltd registered as owner (10%)
  • Jason Spasovski Holding ApS registered as owner (33.33%)
  • Mads Stolberg-Larsen Holding ApS registered as owner (50%)
  • Jason Spasovski Holding ApS is no longer registered as owner
  • Mads Stolberg-Larsen Holding ApS is no longer registered as owner
20216 changesmanagement 3 · address 1 · capital 1 · ownership 1
  • Mads Stolberg-Mathieu appointed chair of the board
  • Jason Spasovski appointed board member
  • Moved to Vesterbrogade 74, 4, 1620 København V
  • Share capital changed from 40,000 DKK to 100,000 DKK
  • Jason Spasovski appointed director
  • Jason Spasovski Holding ApS registered as owner (25%)
20204 changesaddress 1 · founded 1 · management 1 · ownership 1
  • Moved to Applebys Plads 7, 1411 København K
  • Registered as ZTLment ApS
  • Mads Stolberg-Mathieu appointed director
  • Mads Stolberg-Larsen Holding ApS registered as owner (33.33%)

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. 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