Powerfleet Danmark ApS

APSActive

CVR 31881307Lautruphøj 5, 2750 BallerupOther software publishing· NACE 5829Est. 2008 · 17 years old4 employeeshttps://www.fleetcomplete.dk

Overview

Powerfleet Danmark ApS is a Danish APS based in Ballerup, operating in the Other software publishing sector. Incorporated in 2008, the company has 4 employees and reported a gross profit of DKK 16.5m in its latest annual filing.

Gross profit 2026

16.5M DKK

+77% vs 2024

EBITDA margin (of gross profit)

42.7 %

+76% vs 2024

Net profit 2026

7.5M DKK

+128% vs 2024

Key ratios

See full ratios →

39.6 %

Average

Around the average of companies in the same industry

20212026

1.5×

Average

Around the average of companies in the same industry

20212026

19.2 %

Strong

Among the 30% highest rated companies in the industry

20212026

EBITDA — year on year

DKK thousands

Key figures

Annual report 2026

Gross profit	16.5M DKK	+77%
EBITDA	7M DKK	+76%
Net profit	7.5M DKK	+128%
Total assets	38.8M DKK	+73%
Equity	15.3M DKK	+185%
Employees	4	—

Contact

Address

Lautruphøj 5, 2750 Ballerup

Phone

+45 4548 0104

bogholderi_dk@fleetcomplete.eu

Website

https://www.fleetcomplete.dk

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2026), Powerfleet Danmark ApS reported a gross profit of DKK 16.5m, an increase of 77% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2026. The bottom line showed a net profit of DKK 7.5m, and the EBITDA margin stood at 42.7%.

At the end of 2026, equity financed 39.6% of the balance sheet, and current assets covered short-term debt 1.5 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2026	2024	2023	2022	2021
Gross profit	16,484	9,329	10,630	15,086	15,449
Staff expenses	-6,435	-3,584	-3,617	-9,857	-9,443
EBITDA	7,032	4,003	5,176	2,134	4,594
Depreciation & amort.	-168	-876	-1,166	-1,746	-888
EBIT	6,865	3,128	4,010	388	3,705
Net financials	1,256	235	572	-81	-28
Profit before tax	8,121	3,362	4,583	307	3,677
Tax	666	94	-1,683	-0	-0
Net profit	7,455	3,268	6,266	307	3,677

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2026	2024	2023	2022	2021
Total assets	38,796	22,403	16,225	11,405	15,850
Equity	15,348	5,390	2,122	-4,144	-4,451
Long-term debt	1,313	995	995	995	885
Short-term debt	22,136	16,018	13,109	14,555	19,416
Total debt	23,449	17,013	14,103	15,549	20,302

Financial ratios

5-year trend

EBITDA margin (of gross profit)

42.7 %

20212026

Equity ratio

39.6 %

Average

Around the average of companies in the same industry

20212026

Return on equity

48.6 %

Very strong

Among the 20% highest rated companies in the industry

20212026

Net profit margin (of gross profit)

45.2 %

20212026

Asset turnover (of gross profit)

0.42×

20212026

Debt / equity

1.53×

Weak

Among the 40% lowest rated companies in the industry

20212026

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 30% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 40% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 30% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2026
Filed via CVR / Virk · Period 2024-10-01 – 2026-03-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (4)
PP Piret Papper Management	Management	2025
MR Melissa Rose Ingram Management	Management	2025
PK Peter Klinkby Dam Management	Management	2025
AO Andreas Oellien Management	Management	2025

Former (9)


Pt Paul ten Haaf Management	Management	2020 – 2025
GK George Kypreos Management	Management	2018 – 2020
RJ Robert Jacob Holm Management	Management	2009 – 2018
HA Harald Alexander Treur Management	Management	2020 – 2024
AL Andonios Lourakis Management	Management	2018 – 2024
CA Cynthia Ann Schyff Management	Management	2020 – 2025
PA Peter Andreas Stakemann Management	Management	2008 – 2009
TI Tibor István Kádár Management	Management	2020 – 2020
SB Stig Bjarke Lyngsie Management	Management	2021 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since

Former (5)


PØ Preben Østergaard Jensen Chairman	Chairman	2009 – 2018
CW Christoffer Witt Qvist Board of Directors	Board of Directors	2011 – 2013
RJ Robert Jacob Holm Board of Directors	Board of Directors	2009 – 2018
PA Peter Andreas Stakemann Chairman	Chairman	2008 – 2009
SB Stig Bjarke Lyngsie Chairman	Chairman	2018 – 2018

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Powerfleet Nordics OÜ	Individual	100%	100%	2013

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Powerfleet Danmark ApS also hold positions in 20 other companies.

Person	Role here	Other companies
Peter Andreas Stakemann	Management	9 companiesMany roles
Robert Jacob Holm	Management	5 companies
Christoffer Witt Qvist	Board of Directors	4 companies
Stig Bjarke Lyngsie	Management	2 companies

Frequently asked questions

What is the CVR number of Powerfleet Danmark ApS?

Powerfleet Danmark ApS is registered with CVR / Virk under CVR 31881307.

What is the gross profit of Powerfleet Danmark ApS?

Powerfleet Danmark ApS reported a gross profit of DKK 16.5m in 2026.

How many employees does Powerfleet Danmark ApS have?

Powerfleet Danmark ApS employs 4 people as of the latest annual report.

Where is Powerfleet Danmark ApS headquartered?

Powerfleet Danmark ApS's registered address is Lautruphøj 5.