ITMASTER ApS (CVR 38473891) Company Profile

Ownership

Martin Lilleholt Frederiksen
10% to under 15% of capital and votessince 18 Oct 2019
ICEBOX HOLDING ApS
CVR 4314613090% to under 100% of capital and votessince 1 Apr 2022

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (3)

Alexander Bundgaard Matzen
20% to under 25% of capital and votes26 Aug 2017 to 10 Mar 2021
Jonas Hansen
90% to under 100% of capital and votesnotified 1 Apr 202210 Mar 2017 to 1 Apr 2022
Jackie Phuoc Nguyen Skarby Ottosen
20% to under 25% of capital and votesnotified 22 Sep 201826 Aug 2017 to 22 Sep 2018

Control Chain

Ultimate controller
Jonas Hansen
Holds 100% of capital and votes in ICEBOX HOLDING ApS, since 18 Mar 2022
Capital100%
Votes100%
Holding company
ICEBOX HOLDING ApS
CVR 43146130Private limited company (ApS)
Holds 90% to under 100% of capital and votes in ITMASTER ApS, since 1 Apr 2022
Capital90% to under 100%
Votes90% to under 100%
This company
ITMASTER ApS
CVR 38473891

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 5 Nov 2026.

Owned Companies

ITMASTER ApS holds no Danish company now.

Found by searching the CVR owner register (ejerregister) for ITMASTER ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (1)

Infrequent Community IVS
CVR 38830406100% of capital and votes3 Aug 2017 to 5 Oct 2021

People

Current (1)

Jonas HansenExecutive board since 10 Mar 2017

Founders (1)

Jonas HansenFounded 1 Mar 2017, holds a current role

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Former (4)

Alexander Bundgaard MatzenExecutive board 14 Feb 2019 to 18 Oct 2019, Board of directors 14 Feb 2019 to 30 Dec 2023
Martin Lilleholt FrederiksenBoard of directors 14 Feb 2019 to 30 Dec 2023
Nikolaj Turan RaschBoard of directors 14 Feb 2019 to 15 Mar 2022
Jonas Turan RaschBoard of directors 14 Feb 2019 to 15 Mar 2022

Network

Roles Over Time

Jonas Hansen: Executive board, 10 Mar 2017 to today; Board of directors, 10 Mar 2017 to 26 Aug 2017; Board of directors, 14 Feb 2019 to 30 Dec 2023.

10 Mar 2017 to 5 Nov 2026.

Former (4)

Alexander Bundgaard Matzen: Executive board, 14 Feb 2019 to 18 Oct 2019; Board of directors, 14 Feb 2019 to 30 Dec 2023.
Martin Lilleholt Frederiksen: Board of directors, 14 Feb 2019 to 30 Dec 2023.
Nikolaj Turan Rasch: Board of directors, 14 Feb 2019 to 15 Mar 2022.
Jonas Turan Rasch: Board of directors, 14 Feb 2019 to 15 Mar 2022.

14 Feb 2019 to 5 Nov 2026.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Headcount

EmployeesFTE

Jul 2025, monthly: 2 employees, 0 FTE

Show as Table

Registry headcount, Jan 2020 to Jul 2025, oldest left to newest right
Period	Jan 2020	Mar 2020	Apr 2020	Sep 2020	Oct 2020	Nov 2020	Dec 2020	Feb 2021	Mar 2021	Apr 2021	May 2021	Jun 2021	Jul 2021	Aug 2021	Sep 2021	Oct 2021	Nov 2021	Dec 2021	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2023	Jul 2025
Employees	2	2	1	1	1	1	1	1	1	4	9	4	3	4	5	3	3	4	5	4	3	2	1	1	1	2
FTE	1	1	0	1	1	1	1	1	1	2	2	1	1	2	2	2	2	2	2	2	1	0	0	0	0	0
Series	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly

The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Monthly Jan 2020 to Jul 2025.

Latest Jul 2025, published 24 Sep 2025. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Revenue	628	701	281	116	Not reported
Gross profit	Not reported	Not reported	Not reported	Not reported	21
Operating profit	+27	+3	+45	-61	+21
Result for the year	+21	+2	+44	-62	+17
Equity	41	43	88	25	42
Total assets	120	64	102	25	42
Credit metrics (Dandex calculations)
Revenue growth (omsætningsvækst)	174.4%	11.7%	-59.9%	-58.6%	Not reported
EBIT margin (overskudsgrad)	4.2%	0.4%	15.9%	-52.9%	Not reported
EBITDA	66	56	65	-44	Not reported^{note 1}
EBITDA margin	10.6%	8.1%	23.1%	-37.4%	Not reported
Net interest-bearing debt (NIBD, nettorentebærende gæld)	-82	-46^{note 2}	-73^{note 2}	Not reported^{note 3}	Not reported^{note 3}
Gearing, NIBD / EBITDA	Net cash	Net cash^{note 2}	Net cash^{note 2}	Not reported^{note 3}	Not reported^{note 3}
ROIC (afkast af investeret kapital)	n.m.^{note 4}	n.m.^{note 4}	591.3%^{note 5}	Not reported^{note 3}	Not reported^{note 3}
Capex (investeringer i anlægsaktiver)	51^{note 6}	54^{note 6}	20^{note 6}	21^{note 6}	Not reported^{note 7}
Capex % of sales (investeringer i procent af omsætningen)	8.1%^{note 6}	7.6%^{note 6}	7.3%^{note 6}	18.2%^{note 6}	Not reported

DKK thousands. Annual reports via XBRL.

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. No cash flow statement filed (class A and B are exempt).

1 no depreciation line filed
2 no interest-bearing debt reported
3 debt not itemised
4 n.m.: invested capital not positive
5 Dandex estimate: statutory 22% used: no tax line; no interest-bearing debt reported
6 Dandex estimate: capex from the balance sheet change plus D&A
7 no capex filed

Annual Reports

Annual report 2025
1 Jul 2024 to 30 Jun 2025, published 1 Jan 2026
XHTML
Annual report 2024
1 Jul 2023 to 30 Jun 2024, published 2 Jan 2025
XHTML
Annual report 2023
1 Jul 2022 to 30 Jun 2023, published 30 Dec 2023
XHTML
Annual report 2022
1 Jul 2021 to 30 Jun 2022, published 1 Jan 2023
XHTML
Annual report 2021
20 Jun 2020 to 30 Jun 2021, published 12 Oct 2021
XHTML

Financials

Changes

All changes

6 May 2026
Ownership change
ITMASTER ApS (CVR 38473891) har foretaget ejerskifte pr. 6. maj 2026: 3 indtrådt.
1 Apr 2022
Ownership change
ITMASTER ApS (CVR 38473891) har foretaget ejerskifte pr. 1. april 2022: 1 indtrådt.
18 Oct 2019
Ownership change
ITMASTER ApS (CVR 38473891) har foretaget ejerskifte pr. 18. oktober 2019: 1 indtrådt.
14 Feb 2019
Director change
ITMASTER ApS (CVR 38473891) har foretaget direktørskifte pr. 14. februar 2019: 5 indtrådt.

Changes

Registry Facts

Signing rule (Tegningsregel): Virksomheden tegnes af direktøren alene.since 1 Mar 2017
Purpose (Formål): Formålet med virksomheden er at skabe en virksomhed der kan udføre forskellige jobs, som hovedsageligt tilbyder hosting af servere, hjemmesider, kodnings arbejde og grafiske løsninger samt meget mere, til en god pris til de fleste forbruger.since 1 Mar 2017
Audit opted out (Revision fravalgt): Yessince 1 Mar 2017
Articles of association last changed (Seneste vedtægtsdato): 30 Dec 2023
Share classes (Kapitalklasser): Nosince 30 Dec 2023
Owners under 5% registered (Ejerregistrering under 5 procent): Nosince 1 Mar 2017
Financial year change (Omlægning af regnskabsår): 20 Jun 2020 to 30 Jun 2021

Share Capital

Each registered value from the day it took effect, newest first.

30 Dec 202343,120 DKK+2,145
12 Oct 202140,975 DKK+20,721
4 Oct 202120,254 DKK+20,154
1 Mar 2017100 DKKEarliest in CVR

From CVR, read 5 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry Facts

Registrations (Registreringer)

12 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

30 Dec 2023
Capital change People change
Vedtægter ændret: 30.12.2023
Kapitalforhøjelsen er besluttet den 30.12.2023.
kr. 2.145,00, indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 43.120,00.
Bestyrelse:
Fratrådte:
Martin Lilleholt Frederiksen, den 30.12.2023, Jonas Hansen, (formand), den 30.12.2023, Alexander Bundgaard Matzen, den 30.12.2023.
1 Nov 2023
Address change
Ny adresse: Bødkervej 1, 6710 Esbjerg V
Ny kommune: Esbjerg
4 Apr 2022
People change
Bestyrelse:
Fratrådte:
Jonas Turan Rasch, den 15.03.2022, Nikolaj Turan Rasch, den 15.03.2022.
12 Oct 2021
Other Conversion Capital change
Virksomheden er omregistreret fra Iværksætterselskab til Anpartsselskab
Vedtægter ændret: 12.10.2021
Nyt navn: ITMASTER ApS
Nye binavne: INFREQUENT ApS, INFREQUENT SERVERS ApS
Slettede binavne: ITMASTER IVS, INFREQUENT IVS, INFREQUENT SERVERS IVS
Kapitalforhøjelsen er besluttet den 12.10.2021.
kr. 20.721,00, indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 40.975,00.
4 Oct 2021
Capital change
Vedtægter ændret: 04.10.2021
Kapitalforhøjelsen er besluttet den 04.10.2021.
kr. 20.154,00, indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 20.254,00.
10 Mar 2021
Address change
Ny adresse: Tømrervej 3, 6800 Varde
10 Mar 2021
Other
Vedtægter ændret: 10.03.2021
Nye binavne: ITMASTER IVS, INFREQUENT SERVERS IVS
Slettede binavne: INFREQUENT CONSUMER OPERATIONS IVS, INFREQUENT BUSINESS OPERATIONS IVS, INFREQUENT TECHNOLOGY IVS, INFREQUENT NETWORKS IVS
Regnskabsår ændret til: 01.07 - 30.06
Omlægningsperiode: 20.06.2020 - 30.06.2021
18 Oct 2019
People change
Direktion:
Fratrådte:
Alexander Bundgaard Matzen, den 18.10.2019.
14 Feb 2019
People change Other
Vedtægter ændret: 14.02.2019
Nye binavne: INFREQUENT CONSUMER OPERATIONS IVS, INFREQUENT BUSINESS OPERATIONS IVS, INFREQUENT TECHNOLOGY IVS, INFREQUENT NETWORKS IVS, INFREQUENT IVS
Slettede binavne: BlockSpace IVS, Datanettet IVS, Infrequent Networks IVS, Bountyservers IVS, Infrequent IVS
Bestyrelse:
Tiltrådte:
Martin Lilleholt Frederiksen, den 14.02.2019, Jonas Hansen, (formand), den 14.02.2019, Alexander Bundgaard Matzen, den 14.02.2019, Jonas Turan Rasch, den 14.02.2019, Nikolaj Turan Rasch, den 14.02.2019.
Show the full announcement
Direktion:
Tiltrådte:
Alexander Bundgaard Matzen, den 14.02.2019.
7 Nov 2017
Other
Vedtægter ændret: 07.11.2017
Nyt binavn: Bountyservers IVS
Slettet binavn: Skript.dk IVS

Show 2 more

26 Aug 2017
Other People change
Vedtægter ændret: 26.08.2017
Nyt navn: Infrequent Group IVS
Nye binavne: BlockSpace IVS, Datanettet IVS, Infrequent Networks IVS, Skript.dk IVS, Infrequent IVS
Slettet binavn: Infrequent IT IVS
Bestyrelse:
Fratrådte:
Jonas Hansen (formand), den 26.08.2017.
8 Mar 2017
New company
Binavne: Infrequent IT IVS.
Stiftelsesdato: 01.03.2017.
Virkningsdato: 10.03.2017.
Seneste vedtægtsdato: 01.03.2017.
Kapital:
kr. 100,00.
Show the full announcement
Kapitalklasser: Nej
Indbetalingsmåde: Indbetalt kontant kr. 100,00 til kurs 100,00, fuldt indbetalt.
Stifter:
Jonas Hansen, den 10.03.2017.
Bestyrelse:
Jonas Hansen (formand), den 10.03.2017.
Direktion:
Jonas Hansen (adm. dir), den 10.03.2017.
Virksomheden tegnes af direktøren alene..
Første regnskabsår:
10.03.2017 - 19.06.2017.
Regnskabsår:
20.06 - 19.06.
Formål:
Formålet med virksomheden er at skabe en virksomhed der kan udføre forskellige jobs, som hovedsageligt tilbyder hosting af servere, hjemmesider, kodnings arbejde og grafiske løsninger samt meget mere, til en god pris til de fleste forbruger.

Registrations (Registreringer)

Registration

Address: Bødkervej 1
6710 Esbjerg V
Esbjerg Municipality
CVR record last changed: 1 Oct 2026
Data read: 5 Nov 2026

Production Units

4 registered in CVR.

ITMASTER ApS
P-number 1022254312Bødkervej 1, 6710 Esbjerg V
Infrequent Group IVS
P-number 1023409263Kristrupvej 51, 8960 Randers SØ
BountyServers IVS
P-number 1023281860Ulvevej 72, 6715 Esbjerg N
Infrequent IVS
P-number 1022457604J C Jensensvej 3, 6800 Varde

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.

Ownership

People

Network

Financials

Changes

Registry Facts

Registrations (Registreringer)

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Owned Companies

People

Current (1)

Founders (1)

Network

Roles Over Time

Network

Headcount

Financials

Annual Reports

Financials

Changes

Changes

Registry Facts

Share Capital

Registry Facts

Registrations (Registreringer)

Registrations (Registreringer)

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Control Chain

Owned Companies

Current (1)

Founders (1)

Network

Owners and the control chain

Its people and their other companies

Network

Roles Over Time

Headcount

Financials

Annual Reports

Changes

Registry Facts

Share Capital

Registrations (Registreringer)

Production Units

Network

Owners and the control chain

Its people and their other companies