CVR 26838916Public limited company (A/S)Computerprogrammering (621000)KoldingFounded 24 Oct 2002
Employees
45
CVR registry, Aug 2026
-3 (-6.2%) over 12 months
Gross profit
31.8M
DKK, annual report 2025
+13.9% on 2024
Result
+4.9M
DKK, annual report 2025
Equity
6.6M
DKK, annual report 2025
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about IPW SYSTEMS A/S, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexALL Horizon ApSCVR 42403229, 100% of capital and votes, since 18 May 2021
Jan Henrik Andersensince 12 Jan 2006
Anita Larsensince 1 Jul 2006
Michael Lyngfeldtsince 1 Feb 2025
CVR 42403229100% of capital and votessince 18 May 2021
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 2919450533.3% to under 50% of capital and votes1 Jan 2014 to 5 Mar 2019
CVR 3160776033.3% to under 50% of capital and votes1 Jul 2014 to 18 May 2021
CVR 3837646210% to under 15% of capital and votes1 Feb 2017 to 18 May 2021
CVR 3942378233.3% to under 50% of capital and votes5 Mar 2019 to 18 May 2021
CVR records founders at incorporation. It does not record whether they are alive or still involved.
24 Oct 2002 to 2 Nov 2026.
24 Oct 2002 to 2 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 15,414 | 18,587 | 23,513 | 27,935 | 31,820 |
| Operating profit | +1,538 | +2,423 | +3,837 | +4,708 | +6,148 |
| Result for the year | +1,155 | +1,821 | +2,990 | +3,679 | +4,879 |
| Equity | 3,385 | 3,507 | 4,497 | 5,176 | 6,555 |
| Total assets | 6,718 | 8,357 | 10,112 | 11,620 | 13,380 |
| Employees (average) | 22 | 27 | 32 | 36 | 38 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | -7.8% | 20.6% | 26.5% | 18.3% | 13.9% |
| EBITDA | 1,684 | 2,547 | 3,906 | 4,964 | 6,378 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | 10.9% | 13.7% | 16.6% | 17.8% | 20% |
| Employee growth (vækst i antal ansatte) | 4.8% | 22.7% | 18.5% | 12.5% | 5.6% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -4,009note 1 | -5,013note 1 | -5,589note 1 | -1,843 | -1,733 |
| Gearing, NIBD / EBITDA | Net cashnote 1 | Net cashnote 1 | Net cashnote 1 | Net cash | Net cash |
| ROIC (afkast af investeret kapital) | n.m.note 2 | n.m.note 2 | n.m.note 2 | 327.5% | 117.2% |
| Capex (investeringer i anlægsaktiver) | 0note 3 | 82note 3 | 526note 3 | 507note 3 | 23note 3 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | -4,024note 1 | -5,079note 1 | -5,664note 1 | -7,059 | -9,239 |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement filed (class A and B are exempt).
Annual report 2025
1 Oct 2024 to 30 Sep 2025, published 12 Dec 2025
Annual report 2024
1 Oct 2023 to 30 Sep 2024, published 13 Dec 2024
Annual report 2023
1 Oct 2022 to 30 Sep 2023, published 17 Dec 2023
Annual report 2022
1 Oct 2021 to 30 Sep 2022, published 19 Dec 2022
Annual report 2021
1 Oct 2020 to 30 Sep 2021, published 20 Dec 2021
1 registered in CVR.
P-number 1009400083Olaf Ryes Gade 7, 6000 Kolding
