CVR 41803657Private limited company (ApS)Ikke-finansielle holdingselskaber (642120)Odense CFounded 23 Oct 2020
CVR holds no employment figures for this company.
Compiled by Dandex from the Danish Business Registry (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 Setion Holding ApS, 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 DandexEmployees
1
Annual report 2025, average
Gross profit
-9.1K
DKK, annual report 2025
Result
+20.6K
DKK, annual report 2025
Equity
-108.3K
DKK, annual report 2025
River Online Group ApSCVR 38200682, 100% of capital and votes, since 23 Oct 2020
Group holding company
Dandex estimate: NACE 642120, controlled by a companyAnders Hviid Kühnelsince 8 Jan 2024
CVR 38200682100% of capital and votesnotified 1 Sep 2025since 23 Oct 2020
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 4211526610% to under 15% of capital and votesnotified 1 Nov 202315 Feb 2021 to 1 Nov 2023
Ultimate controller
Holds 100% of capital and votes in RIVER INVEST ApS, since 5 Jan 2015
Holding company
CVR 36485426Private limited company (ApS)
Holds 50% to under 66.7% of capital and votes in River Online Group ApS, since 18 Nov 2016
Holding company
CVR 38200682Private limited company (ApS)
Holds 100% of capital and votes in Setion Holding ApS, since 23 Oct 2020
This company
Setion Holding ApS
CVR 41803657
1 Danish company.
SubsidiaryCVR 42076171100% of capital and votes
Found by searching the CVR owner register (ejerregister) for Setion Holding ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report, the business model and the revenue model a calibrated decision model reading the report's text and the purpose clause, not registered by the company. Each label links to its definition.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
23 Oct 2020 to 15 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | -14 | -11 | -12 | -9 | -9 |
| Operating profit | Not reported | -11 | -12 | -9 | Not reported |
| Result for the year | -11 | -51 | -14 | -103 | +21 |
| Equity | 39 | -12 | -26 | -129 | -108 |
| Total assets | 45 | 103 | 93 | 0 | 30 |
| Employees (average) | 1 | Not reported | Not reported | 0 | 1 |
| Credit metrics (Dandex calculations) | |||||
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit. | Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit. | ||||
| Employee growth (vækst i antal ansatte) | Not reportednote 1 | Not reportednote 2 | Not reportednote 2 | n.m.note 3 | 0% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld)Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash. | Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash. | ||||
| Gearing, NIBD / EBITDAPro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes. | Pro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes. | ||||
| Interest coverage (rentedækning)Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest. | Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest. | ||||
| Adjusted equity ratio (justeret soliditetsgrad)Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis. | Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis. | ||||
| ROIC (afkast af investeret kapital)Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt. | Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt. | ||||
| Capex % of sales (investeringer i procent af omsætningen)Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue. | Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue. | ||||
| FCFF / EBITDA (pengestrømskonvertering)Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA. | Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA. | ||||
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group. Not every period is a full year: 2021 covers 8 months (23 Oct 2020 to 30 Jun 2021). Changes against it compare periods of different length.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Rows marked Pro hold a value in the Pro plan. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.
Annual report 2025
1 Jul 2024 to 30 Jun 2025, published 12 Jan 2026
Annual report 2024
1 Jul 2023 to 30 Jun 2024, published 29 Jan 2025
Annual report 2023
1 Jul 2022 to 30 Jun 2023, published 16 Jan 2024
Annual report 2022
1 Jul 2021 to 30 Jun 2022, published 4 Jan 2023
Annual report 2021
23 Oct 2020 to 30 Jun 2021, published 13 Dec 2021
No changes since Dandex began following this company. For announcements from before then, see Registrations.
Pro: Signals (signaler) are in the Pro plan, see pricingChanges worth a look, raised from the registry and new annual reports.
New leadership (nyt lederskab), New company (ny virksomhed), Ownership change (ejerskifte), Relocation (flytning), Growth surge (vækstspurt), Headcount decline (nedgang i ansatte), Restructuring (omstrukturering), Industry change (brancheskift), Board change (bestyrelsesændring), Dissolution (ophør), Distress warning (risikoadvarsel), Fund investment (fondsinvestering), Fund exit (fondsexit), Fund board seat (fondsbestyrelsespost).
The rows marked Pro on this page hold values in the Pro plan. For Setion Holding ApS, that is:
Have Pro? Sign in to see the values on this page.
Each registered value from the day it took effect, newest first.
From CVR, read 15 Nov 2026. Text such as the signing rule and purpose is shown as registered.
From CVR, read 15 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.
9 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Revision:
Fratrådte:
BDO Statsautoriseret Revisionspartnerselskab, den 26.08.2026.
Tiltrådte:
CVR-NR. 32285201 MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB, Jupitervej 2, 6000 Kolding, den 26.08.2026.
Revision:
Fratrådte:
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 15.09.2025.
Tiltrådte:
CVR-NR. 45719375 BDO 2025 Statsautoriseret Revisionspartnerselskab, Kolding Åpark 8A, 7., 6000 Kolding, den 15.09.2025.
Direktion:
Fratrådte:
Jesper Riber Jensen, (adm. dir), den 08.01.2024.
Tiltrådte:
Anders Hviid Kühnel, den 08.01.2024.
Ny adresse: Havnegade 34A, 5000 Odense C
Ny kommune: Odense
Revision:
Fratrådte:
BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, den 22.04.2022.
Tiltrådte:
CVR-NR. 32285201 MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB, Jupitervej 4, 6000 Kolding, den 22.04.2022.
Direktion:
Fratrådte:
Pernille France Andersen, (adm. dir), den 14.02.2022.
Tiltrådte:
Jesper Riber Jensen, (adm. dir), den 14.02.2022.
Direktion:
Fratrådte:
Jesper Riber Jensen, (adm. dir), den 06.10.2021.
Tiltrådte:
Pernille France Andersen, (adm. dir), den 06.10.2021.
Vedtægter ændret: 25.01.2021
Nyt navn: Setion Holding ApS
Formål ændret: Selskabets formål er at eje anparter og aktier samt anden hermed beslægtet virksomhed.
Stiftelsesdato: 23.10.2020.
Virkningsdato: 23.10.2020.
Seneste vedtægtsdato: 23.10.2020.
Kapital:
kr. 50.000,00.
Kapitalklasser: Nej
Indbetalingsmåde: Indbetalt kontant kr. 50.000,00 til kurs 100,00, fuldt indbetalt.
Stifter:
CVR-NR. 38200682 River Online Group ApS, Banegårdspladsen 4, 6000 Kolding, den 23.10.2020.
Direktion:
Jesper Riber Jensen, (adm. dir), den 23.10.2020.
Selskabet tegnes af direktøren.
Revision:
CVR-NR. 20222670 BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, Kolding Åpark 8A, 7., 6000 Kolding, den 23.10.2020.
Første regnskabsår:
23.10.2020 - 30.06.2021.
Regnskabsår:
01.07 - 30.06.
Formål:
Selskabets formål er at drive virksomhed med salg af automatiserede løsninger indenfor online-marketing samt anden hermed beslægtet virksomhed.
1 registered in CVR.
P-number 1026416449Havnegade 34, 5000 Odense C