Owners, management and financials
CVR: 32081193
DKK 57,125,149
Gross profit
Net result: DKK -25,633,731
Vivino, Inc. (100%)
CVR · view owners
Michael Thomas Karl Horvath
CVR · view management
Active
Founded 19 March 2009
CVR · view overview
97 employees
CVR · 2026
Director role ended: Morten Heuing
CVR · 16/10/2026
View the full event history
VIVINO ApS is a Danish company of the type Anpartsselskab based in København S, founded in 2009. The company is registered under the industry Andre informationsaktiviteter. The management consists of Michael Thomas Karl Horvath. The company is owned by Vivino, Inc.. The company has 97 employees (2026). In 2025, the company reported a gross profit of DKK 57,125,149 and a net result of DKK -25,633,731 compared with DKK -27,107,957 the year before. Equity in the 2025 report amounted to DKK -40,934,263.
Source: annual report 2025, Danish Business Authority
VIVINO ApS is currently facing significant financial challenges, with a declining trend in profitability and substantial negative equity. In 2025, the company reported a gross profit of 57.1 million DKK but incurred a loss of 25.6 million DKK, continuing a pattern of losses over the previous years, including a notable loss of 64.6 million DKK in 2023. Equity has deteriorated sharply, dropping from -232.8 million DKK in 2021 to -40.9 million DKK in 2025, indicating increasing financial strain. Despite its established presence in the information activities sector, the company's ability to achieve sustainable profitability and improve its equity position remains a critical concern.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at udvikle og drive online services inklusiv apps til mobil og web til salg og promovering af vin online
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 57.1M | -25.6M | 42.6M | -40.9M | 112 | |
| 202401/01/2024 – 31/12/2024 | 67.6M | -27.1M | 62.6M | -379.1M | 143 | |
| 202301/01/2023 – 31/12/2023 | 24.9M | -64.6M | 53.7M | -352M | 114 | |
| 202201/01/2022 – 31/12/2022 | 77.6M | -54.6M | 58.8M | -287.4M | 69 | |
| 202101/01/2021 – 31/12/2021 | 26.6M | -80.3M | 79M | -232.8M | 53 | |
| 202001/01/2020 – 31/12/2020 | 36.8M | -7.1M | 40M | -152.5M | 69 | |
| 201901/01/2019 – 31/12/2019 | 20.1M | -24.7M | 34.9M | -145.5M | 53 | |
| 201801/01/2018 – 31/12/2018 | -10.9M | -50.7M | 23.6M | -120.8M | 57 | |
| 201701/01/2017 – 31/12/2017 | -9.3M | -33M | 16.2M | -70.1M | 54 | |
| 201601/01/2016 – 31/12/2016 | -7.8M | -28M | 14.4M | -37.1M | 44 | |
| 201501/01/2015 – 31/12/2015 | - | -22.2M | 12.5M | -9.1M | 36 | |
| 201401/01/2014 – 31/12/2014 | -14M | -21.4M | 18.3M | 13.1M | - | |
| 201301/01/2013 – 31/12/2013 | -10.7M | -16.6M | 37.9M | 34.5M | - | |
| 201201/01/2012 – 31/12/2012 | -2.7M | -3.9M | 7.6M | 4.7M | - |
Compared to 160 companies in Andre informationsaktiviteter
Comparison is based on industry median values
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See the API documentationThe CVR number of VIVINO ApS is 32081193.
VIVINO ApS is owned by Vivino, Inc..
The management of VIVINO ApS consists of Michael Thomas Karl Horvath.
In 2025, VIVINO ApS reported a gross profit of DKK 57,125,149.
VIVINO ApS had 97 employees in 2026 according to the Danish CVR register.
VIVINO ApS was founded on 19 March 2009.
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Contact info changed: new phone: 71998284, new email: [email protected], new website: www.vivino.com (October 22, 2026).
As of October 16, 2026, Michael Thomas Karl Horvath is registered as adm. dir. of VIVINO ApS.
As of October 16, 2026, Morten Heuing has stepped down as adm. dir. of VIVINO ApS.
VIVINO ApS has published its annual report for 2025. Gross profit came to DKK 57,125,149, and the net result was DKK -25,633,731.
VIVINO ApS has published its annual report for 2024. Gross profit came to DKK 67,588,599, and the net result was DKK -27,107,957.
VIVINO ApS has published its annual report for 2023. Gross profit came to DKK 24,900,808, and the net result was DKK -64,576,247.
As of February 1, 2024, Morten Heuing is registered as adm. dir. of VIVINO ApS.
As of February 1, 2024, Heini Zachariassen has stepped down as adm. dir. of VIVINO ApS.
VIVINO ApS has published its annual report for 2022. Gross profit came to DKK 77,570,439, and the net result was DKK -54,579,886.
As of November 30, 2022, Theis Regner Riber Søndergaard has stepped down as director of VIVINO ApS.
VIVINO ApS has published its annual report for 2021. Gross profit came to DKK 26,618,195, and the net result was DKK -80,291,068.
VIVINO ApS has published its annual report for 2020. Gross profit came to DKK 36,759,999, and the net result was DKK -7,069,863.
VIVINO ApS has published its annual report for 2019. Gross profit came to DKK 20,071,913, and the net result was DKK -24,668,086.
As of October 30, 2019, Heini Zachariassen is registered as adm. dir. of VIVINO ApS.
As of October 30, 2019, Christopher Emmanuel Tsakalakis has stepped down as adm. dir. of VIVINO ApS.
VIVINO ApS has published its annual report for 2018. Gross profit came to DKK -10,868,579, and the net result was DKK -50,715,655.
VIVINO ApS has published its annual report for 2017. Gross profit came to DKK -9,335,895, and the net result was DKK -32,984,471.
As of May 8, 2018, Christopher Emmanuel Tsakalakis is registered as adm. dir. of VIVINO ApS.
As of May 8, 2018, Heini Zachariassen has stepped down as adm. dir. of VIVINO ApS.
VIVINO ApS has published its annual report for 2016. Gross profit came to DKK -7,793,593, and the net result was DKK -28,000,504.
VIVINO ApS has published its annual report for 2015. The net result was DKK -22,197,425.
As of September 22, 2015, Theis Regner Riber Søndergaard is registered as director of VIVINO ApS.
VIVINO ApS has published its annual report for 2014. Gross profit came to DKK -13,992,518, and the net result was DKK -21,424,563.
As of June 12, 2015, Heini Zachariassen has left the board of directors of VIVINO ApS.
As of June 12, 2015, Lars Andersen has left the board of directors of VIVINO ApS.
As of June 12, 2015, Niels Vejrup Carlsen has left the board of directors of VIVINO ApS.
As of June 12, 2015, Martin Sigurd Hauge has left the board of directors of VIVINO ApS.
As of June 12, 2015, Roberto Bonanzinga has left the board of directors of VIVINO ApS.
As of October 10, 2014, EY Godkendt Revisionspartnerselskab has been appointed auditor of VIVINO ApS.
As of October 10, 2014, JUT NR. 2180 A/S has stepped down as auditor of VIVINO ApS.
VIVINO ApS has published its annual report for 2013. Gross profit came to DKK -10,703,173, and the net result was DKK -16,618,665.
As of June 26, 2014, is registered as an owner of VIVINO ApS with an ownership share of 100%.
As of June 26, 2014, is registered as an owner of VIVINO ApS with an ownership share of 100%.
As of April 29, 2014, DR CPH A/S has stepped down as auditor of VIVINO ApS.
As of March 28, 2014, JUT NR. 2180 A/S has been appointed auditor of VIVINO ApS.
As of July 15, 2013, Lars Andersen has joined the board of directors of VIVINO ApS.
As of July 15, 2013, Roberto Bonanzinga has joined the board of directors of VIVINO ApS.
As of July 15, 2013, Jakob Ekkelund has left the board of directors of VIVINO ApS.
As of July 15, 2013, Uffe Hyldgaard has left the board of directors of VIVINO ApS.
VIVINO ApS has published its annual report for 2012. Gross profit came to DKK -2,704,500, and the net result was DKK -3,876,044.
As of December 13, 2012, Martin Sigurd Hauge has joined the board of directors of VIVINO ApS.
As of May 31, 2012, Uffe Hyldgaard has joined the board of directors of VIVINO ApS.
As of November 18, 2011, Heini Zachariassen has joined the board of directors of VIVINO ApS.
As of November 18, 2011, Jakob Ekkelund has joined the board of directors of VIVINO ApS.
As of November 18, 2011, Niels Vejrup Carlsen has joined the board of directors of VIVINO ApS.
As of November 18, 2011, Heini Zachariassen is registered as adm. dir. of VIVINO ApS.
As of February 24, 2010, DR CPH A/S has been appointed auditor of VIVINO ApS.
As of February 24, 2010, ADMINISTRATIONSSELSKABET AF 13. JANUAR 2010 ApS has stepped down as auditor of VIVINO ApS.
As of March 19, 2009, ADMINISTRATIONSSELSKABET AF 13. JANUAR 2010 ApS has been appointed auditor of VIVINO ApS.
VIVINO ApS was founded on March 19, 2009.
5 news items and press releases
Sources: Via Ritzau and Danish news media. Links open at the source.

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Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.

Selskabets formål er at udvikle, markedsføre, sælge og implementere software produkter til brug ved indkøbsstyring og dermed efter bestyrelsens skøn beslægtet virksomhed

Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.

Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
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