CVR: 32304532
Secondary names: Paiblock Payment Network A/S, Kunstify A/S, Cashbacknation A/S
Previous names: PUUT TECHNOLOGIES A/S, PUUT A/S
EUR 7,203,906
Gross profit
Net result: EUR 4,742,580
QCD HOLDING ApS, Frøken Sofie ApS
2 more
CVR · view ownership and management
Name registered: PAIBLOCK A/S
CVR · 25/02/2020
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PAIBLOCK A/S is a Danish company of the type Aktieselskab based in Søborg, founded in 2011. The company is registered under the industry Computerprogrammering. The company was previously named PUUT A/S and PUUT TECHNOLOGIES A/S. The management consists of Mark Arthur. The company's owners include QCD HOLDING ApS, Frøken Sofie ApS and ACACIA INVEST ApS. The company has 4 employees (2018). In 2026, the company reported a gross profit of EUR 7,203,906 and a net result of EUR 4,742,580 compared with EUR -1,390,337 the year before. Equity in the 2026 report amounted to EUR 5,703,799.
Source: annual report 2026, Danish Business Authority
The financial health of PAIBLOCK A/S shows a significant turnaround, with gross profit increasing from a loss of -1,251,970 EUR in 2025 to a robust 7,203,906 EUR in 2026, alongside a profit of 4,742,580 EUR. This upward trend in profitability is notable, especially considering the previous years' struggles, including a negative equity position in 2022. The company's equity has improved dramatically from -1,444,603 DKK in 2022 to 5,703,799 EUR in 2026, indicating a strong recovery. While revenue figures remain undisclosed, the consistent growth in gross profit suggests a solid position within the computer programming industry, positioning PAIBLOCK A/S favorably for future opportunities.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at udvikle og drive digital tegnebog samt betalingssystem både i Danmark og i udlandet, eventuelt i form af joint ventures med andre danske eller udenlandske selskaber, rådgivning, handel samt anden i forbindelse hermed stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202601/02/2025 – 31/01/2026 | 7.2 mio. EUR | 4.7 mio. EUR | 13.1 mio. EUR | 5.7 mio. EUR | 4 | |
| 202501/02/2024 – 31/01/2025 | -1.3 mio. EUR | -1.4 mio. EUR | 5 mio. EUR | 961 t. EUR | 4 | |
| 202401/02/2023 – 31/01/2024 | 223 t. EUR | -556 t. EUR | 3.6 mio. EUR | 2.4 mio. EUR | 4 | |
| 202301/02/2022 – 31/01/2023 | 4.2 mio. EUR | 3.1 mio. EUR | 4.3 mio. EUR | 2.9 mio. EUR | 4 | |
| 202201/02/2021 – 31/01/2022 | 2.5 mio. | 1.4 mio. | 29.5 mio. | -1.4 mio. | 4 | |
| 202101/02/2020 – 31/01/2021 | -1.9 mio. | -5.4 mio. | 27.1 mio. | -2.8 mio. | 2 | |
| 202001/02/2019 – 31/01/2020 | -1.4 mio. | -2.8 mio. | 29.6 mio. | 2.5 mio. | 2 | |
| 201901/02/2018 – 31/01/2019 | -326 t. | -1.8 mio. | 16.7 mio. | 5.3 mio. | 4 | |
| 201801/02/2017 – 31/01/2018 | -285 t. | -428 t. | 18.8 mio. | 7.1 mio. | 4 | |
| 201701/02/2016 – 31/01/2017 | 959 t. | 652 t. | 15.6 mio. | 4 mio. | 2 | |
| 201601/02/2015 – 31/01/2016 | 349 t. | 237 t. | 2.2 mio. | 1.9 mio. | - | |
| 201501/02/2014 – 31/01/2015 | - | 0 | 0 | 0 | - | |
| 201401/02/2013 – 31/01/2014 | - | 0 | 0 | 0 | - |
Compared to 4.571 companies in Computerprogrammering
Comparison is based on industry median values
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Read about the CDS scorePAIBLOCK A/S was founded on 9 August 2011.
PAIBLOCK A/S is registered under the industry Computerprogrammering (industry code 621000).
PAIBLOCK A/S had 4 employees in 2018 according to the Danish CVR register.
The owners of PAIBLOCK A/S include QCD HOLDING ApS, Frøken Sofie ApS and ACACIA INVEST ApS.
puutwallet.com belongs to PAIBLOCK A/S, CVR number 32304532.
In 2026, PAIBLOCK A/S reported a gross profit of EUR 7,203,906.
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PAIBLOCK A/S has published its annual report for 2026. Gross profit came to DKK 7,203,906, and the net result was DKK 4,742,580.
Address changed to Vandtårnsvej 62B 62, 2860 Søborg (January 15, 2026).
Contact info changed: new website: https://puutwallet.com (January 15, 2026).
PAIBLOCK A/S has published its annual report for 2025. Gross profit came to DKK -1,251,970, and the net result was DKK -1,390,337.
PAIBLOCK A/S has published its annual report for 2024. Gross profit came to DKK 223,039, and the net result was DKK -555,722.
PAIBLOCK A/S has published its annual report for 2023. Gross profit came to DKK 4,154,579, and the net result was DKK 3,101,445.
PAIBLOCK A/S has published its annual report for 2022. Gross profit came to DKK 2,504,832, and the net result was DKK 1,353,035.
As of January 27, 2022, Peder Lindstrøm Olesen has joined the board of directors of PAIBLOCK A/S.
As of January 27, 2022, Palle Birck Olsen has left the board of directors of PAIBLOCK A/S.
PAIBLOCK A/S has published its annual report for 2021. Gross profit came to DKK -1,940,280, and the net result was DKK -5,417,094.
PAIBLOCK A/S has published its annual report for 2020. Gross profit came to DKK -1,374,589, and the net result was DKK -2,764,339.
On February 25, 2020, the company changed its name from PUUT A/S to PAIBLOCK A/S.
PAIBLOCK A/S has published its annual report for 2019. Gross profit came to DKK -325,681, and the net result was DKK -1,794,723.
PAIBLOCK A/S has published its annual report for 2018. Gross profit came to DKK -284,707, and the net result was DKK -428,200.
PAIBLOCK A/S has published its annual report for 2017. Gross profit came to DKK 959,278, and the net result was DKK 651,827.
As of January 10, 2017, QCD HOLDING ApS is registered as an owner of PAIBLOCK A/S with an ownership share of 5%.
As of January 10, 2017, Frøken Sofie ApS is registered as an owner of PAIBLOCK A/S with an ownership share of 5%.
PAIBLOCK A/S has published its annual report for 2016. Gross profit came to DKK 348,981, and the net result was DKK 236,733.
As of August 10, 2015, ACACIA INVEST ApS is registered as an owner of PAIBLOCK A/S with an ownership share of 66%.
As of August 10, 2015, PBH 27.021 ApS is registered as an owner of PAIBLOCK A/S with an ownership share of 5%.
PAIBLOCK A/S has published its annual report for 2015. The net result was DKK 0.
On January 2, 2015, the company changed its name from PUUT TECHNOLOGIES A/S to PUUT A/S.
PAIBLOCK A/S has published its annual report for 2014. The net result was DKK 0.
As of June 19, 2014, Palle Birck Olsen has joined the board of directors of PAIBLOCK A/S.
As of June 19, 2014, Michael Brunsveld has left the board of directors of PAIBLOCK A/S.
PAIBLOCK A/S has published its interim report for the period August 9, 2011 – January 31, 2013.
As of August 9, 2011, Mark Arthur has joined the board of directors of PAIBLOCK A/S.
As of August 9, 2011, Stig Bo Birch has joined the board of directors of PAIBLOCK A/S.
As of August 9, 2011, Michael Brunsveld has joined the board of directors of PAIBLOCK A/S.
As of August 9, 2011, Mark Arthur is registered as adm. dir. of PAIBLOCK A/S.
PAIBLOCK A/S was founded on August 9, 2011.
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