Owners, management and financials
CVR: 30986253
Secondary names: Festina Lente A/S
Previous names: HOLDINGSELSKABET 2 OKTOBER 2007 A/S, LEVMERE PENSION A/S, FESTINA LENTE A/S
DKK 252,803,656
Revenue
Net result: DKK 8,084,302
SCHANTZ INNOVATION A/S (50-66,65%), Netcompany A/S (20-24,99%)
1 more
CVR · view owners
Mikael Braagaard
Board: Morten Schantz (chair) and 5 members
CVR · view management
Active
Founded 2 October 2007
CVR · view overview
193 employees
CVR · 2026
Owner registered: SCHANTZ INNOVATION A/S
CVR · 11/06/2026
View the full event history
Festina Finance A/S is a Danish company of the type Aktieselskab based in Værløse, founded in 2007. The company is registered under the industry Computerprogrammering. The company was previously named FESTINA LENTE A/S and LEVMERE PENSION A/S. The management consists of Mikael Braagaard. The board consists of Morten Schantz (chair), Jeremy Andrew Hansell, Jesper Linnemann Lauritsen and Simon Espelund Hansen. The company is owned by SCHANTZ INNOVATION A/S, Netcompany A/S and Birchway Capital FF SPV LP. The company has 193 employees (2026). In 2025, the company reported revenue of DKK 252,803,656 and a net result of DKK 8,084,302 compared with DKK -22,246,678 the year before. Equity in the 2025 report amounted to DKK 49,784,750.
Source: annual report 2025, Danish Business Authority
Festina Finance A/S has shown a significant turnaround in its financial health, achieving a revenue of 252.8 million DKK and a profit of 8.1 million DKK in 2025, following a challenging period with losses in the previous years. The company experienced a notable increase in revenue from 171.1 million DKK in 2024, indicating a strong recovery trajectory. However, the equity position has fluctuated, increasing to 49.8 million DKK in 2025 from a low of 23.8 million DKK in 2022, suggesting improved stability. Despite past losses, the recent profitability and revenue growth position Festina Finance favorably within the computer programming industry.
AI-generated summary · Generated 04/06/2026
Selskabets formål er at udvikle software løsninger til privatøkonomisk rådgivning i den finansielle branche, herunder at eje virksomheder inden for eller med tilknytning til udvikling af løsninger til den finansielle branche og anden i forbindelse dermed stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 252.8 mio. | 8.1 mio. | 118.6 mio. | 49.8 mio. | 103 | |
| 202401/01/2024 – 31/12/2024 | 171.1 mio. | -22.2 mio. | 108.7 mio. | 41.7 mio. | 78 | |
| 202301/01/2023 – 31/12/2023 | - | -7.3 mio. | 130.3 mio. | 63.9 mio. | 68 | |
| 202201/01/2022 – 31/12/2022 | - | -2.7 mio. | 46.4 mio. | 23.8 mio. | 64 | |
| 202101/01/2021 – 31/12/2021 | - | 7.1 mio. | 33.1 mio. | 26.5 mio. | 54 | |
| 202001/01/2020 – 31/12/2020 | - | 18.9 mio. | 46.1 mio. | 29.4 mio. | 64 | |
| 201901/01/2019 – 31/12/2019 | - | 4.3 mio. | 22.6 mio. | 14.3 mio. | 54 | |
| 201801/01/2018 – 31/12/2018 | - | 9.3 mio. | 24.8 mio. | 16 mio. | 43 | |
| 201701/01/2017 – 31/12/2017 | - | 13.9 mio. | 23.7 mio. | 16.6 mio. | - | |
| 201601/01/2016 – 31/12/2016 | - | 11.7 mio. | 20.4 mio. | 12.6 mio. | - | |
| 201501/01/2015 – 31/12/2015 | - | 5.2 mio. | 11.5 mio. | 933 t. | - | |
| 201401/01/2014 – 31/12/2014 | - | -3.4 mio. | 4.8 mio. | -6.3 mio. | - | |
| 201301/01/2013 – 31/12/2013 | - | -3 mio. | 3.5 mio. | -2.8 mio. | - | |
| 201201/01/2012 – 31/12/2012 | - | 625 t. | 5.6 mio. | 195 t. | - |
Compared to 4.554 companies in Computerprogrammering
Comparison is based on industry median values
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See the API documentationThe CVR number of Festina Finance A/S is 30986253.
Festina Finance A/S is owned by SCHANTZ INNOVATION A/S, Netcompany A/S and Birchway Capital FF SPV LP.
The management of Festina Finance A/S consists of Mikael Braagaard.
The board of Festina Finance A/S consists of Morten Schantz, Jeremy Andrew Hansell and Jesper Linnemann Lauritsen, with Morten Schantz as chair.
In 2025, Festina Finance A/S reported revenue of DKK 252,803,656.
Festina Finance A/S had 193 employees in 2026 according to the Danish CVR register.
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Contact info changed: new phone: 70707515, new email: [email protected] (August 5, 2026).
As of July 22, 2026, Jeremy Andrew Hansell has joined the board of directors of Festina Finance A/S.
As of July 22, 2026, Kilian Pender has left the board of directors of Festina Finance A/S.
Contact info changed: new phone: 70707515, new email: [email protected] (June 16, 2026).
As of June 11, 2026, Kilian Pender has joined the board of directors of Festina Finance A/S.
As of June 11, 2026, SCHANTZ INNOVATION A/S is registered as an owner of Festina Finance A/S with an ownership share of 50%.
As of June 11, 2026, Netcompany A/S is registered as an owner of Festina Finance A/S with an ownership share of 20%.
As of June 11, 2026, is registered as an owner of Festina Finance A/S with an ownership share of 10%.
Festina Finance A/S has published its annual report for 2025. Revenue came to DKK 252,803,656, and the net result was DKK 8,084,302.
Festina Finance A/S has published its annual report for 2024. Revenue came to DKK 171,139,588, and the net result was DKK -22,246,678.
As of January 31, 2025, Thomas Holst Demant has joined the board of directors of Festina Finance A/S.
As of January 31, 2025, Tine Kosmider Boye has left the board of directors of Festina Finance A/S.
Festina Finance A/S has published its annual report for 2023. Gross profit came to DKK 124,453,329, and the net result was DKK -7,316,077.
As of September 7, 2023, Tine Kosmider Boye has joined the board of directors of Festina Finance A/S.
As of September 7, 2023, Thomas Johansen has joined the board of directors of Festina Finance A/S.
As of September 6, 2023, Jesper Linnemann Lauritsen has joined the board of directors of Festina Finance A/S.
As of September 6, 2023, Simon Espelund Hansen has joined the board of directors of Festina Finance A/S.
As of September 6, 2023, Flemming Conrad has left the board of directors of Festina Finance A/S.
As of September 6, 2023, Birgitte Klausen has left the board of directors of Festina Finance A/S.
Festina Finance A/S has published its annual report for 2022. Gross profit came to DKK 80,212,528, and the net result was DKK -2,670,515.
Festina Finance A/S has published its annual report for 2021. Gross profit came to DKK 67,464,904, and the net result was DKK 7,127,212.
Festina Finance A/S has published its annual report for 2020. Gross profit came to DKK 77,330,712, and the net result was DKK 18,872,199.
Festina Finance A/S has published its annual report for 2019. Gross profit came to DKK 51,089,480, and the net result was DKK 4,333,561.
Festina Finance A/S has published its annual report for 2018. Gross profit came to DKK 47,599,037, and the net result was DKK 9,342,604.
Festina Finance A/S has published its annual report for 2017. Gross profit came to DKK 47,484,253, and the net result was DKK 13,886,335.
Festina Finance A/S has published its annual report for 2016. Gross profit came to DKK 36,052,209, and the net result was DKK 11,667,711.
On December 20, 2016, the company changed its name from FESTINA LENTE A/S to Festina Finance A/S.
Festina Finance A/S has published its annual report for 2015. Gross profit came to DKK 18,674,310, and the net result was DKK 5,194,769.
As of July 8, 2015, Lars Frost Mathiesen has left the board of directors of Festina Finance A/S.
Festina Finance A/S has published its annual report for 2014. Gross profit came to DKK 979,060, and the net result was DKK -3,422,169.
As of August 5, 2014, Lars Frost Mathiesen has joined the board of directors of Festina Finance A/S.
Festina Finance A/S has published its annual report for 2013. Gross profit came to DKK 1,255,692, and the net result was DKK -3,034,056.
As of May 30, 2014, Birgitte Klausen has joined the board of directors of Festina Finance A/S.
As of May 30, 2014, Jens Perch Nielsen has left the board of directors of Festina Finance A/S.
As of May 16, 2013, Revision Nord v/Registreret revisor Jimmy Bergøe has been appointed auditor of Festina Finance A/S.
As of May 16, 2013, Unique Leadership v/Peter Begtrup Lind has stepped down as auditor of Festina Finance A/S.
As of May 16, 2013, Morten Schantz has joined the board of directors of Festina Finance A/S.
As of May 16, 2013, Flemming Conrad has joined the board of directors of Festina Finance A/S.
As of May 16, 2013, Jens Perch Nielsen has joined the board of directors of Festina Finance A/S.
As of May 16, 2013, Anne-Sofie Nielsen has left the board of directors of Festina Finance A/S.
As of May 16, 2013, Mikael Braagaard is registered as director of Festina Finance A/S.
As of May 16, 2013, Morten Schantz has stepped down as adm. dir. of Festina Finance A/S.
Festina Finance A/S has published its annual report for 2012. Gross profit came to DKK 1,452,551, and the net result was DKK 625,296.
As of September 24, 2012, Morten Schantz is registered as adm. dir. of Festina Finance A/S.
As of September 24, 2012, Jens Perch Nielsen has stepped down as director of Festina Finance A/S.
As of April 23, 2010, Anne-Sofie Nielsen has joined the board of directors of Festina Finance A/S.
As of April 23, 2010, Michael Koch has left the board of directors of Festina Finance A/S.
On May 26, 2009, the company changed its name from LEVMERE PENSION A/S to FESTINA LENTE A/S.
As of December 1, 2008, Michael Koch has joined the board of directors of Festina Finance A/S.
As of December 1, 2008, Jens Erik Jepsen Christensen has left the board of directors of Festina Finance A/S.
As of December 1, 2008, Henrik Parkhøi has left the board of directors of Festina Finance A/S.
On December 1, 2008, the company changed its name from HOLDINGSELSKABET 2 OKTOBER 2007 A/S to LEVMERE PENSION A/S.
As of January 31, 2008, Henrik Parkhøi has joined the board of directors of Festina Finance A/S.
As of January 31, 2008, Søren Theilgaard has left the board of directors of Festina Finance A/S.
As of October 29, 2007, Unique Leadership v/Peter Begtrup Lind has been appointed auditor of Festina Finance A/S.
As of October 29, 2007, Jens Erik Jepsen Christensen has joined the board of directors of Festina Finance A/S.
As of October 29, 2007, Søren Theilgaard has joined the board of directors of Festina Finance A/S.
As of October 29, 2007, Jens Perch Nielsen is registered as director of Festina Finance A/S.
Festina Finance A/S was founded on October 2, 2007.
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