
CVR: 32359337
Secondary names: HINDENBURG ApS, NSAKA ApS
DKK 5,878,179
Gross profit
Net result: DKK -101,357
DANA RHAETIA HOLDINGS ApS, DUNKERLEY ApS
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CVR · view ownership and management
Owner registered: DANA RHAETIA HOLDINGS ApS
CVR · 02/07/2024
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HINDENBURG SYSTEMS ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2009. The company is registered under the industry Anden udgivelse af software. The management consists of Nick Dunkerley and Preben Friis Simonsen. The company is owned by DANA RHAETIA HOLDINGS ApS, DUNKERLEY ApS and PF MEDIA ApS. The company has 6 employees (2018). In 2025, the company reported a gross profit of DKK 5,878,179 and a net result of DKK -101,357 compared with DKK -1,263,179 the year before. Equity in the 2025 report amounted to DKK 2,252,632.
Source: annual report 2025, Danish Business Authority
The financial health of HINDENBURG SYSTEMS ApS shows a concerning trend, with profitability declining over the past few years. Gross profit peaked at 6,913,001 DKK in 2021 but has since decreased to 5,878,179 DKK in 2025, while the company reported losses in the last three fiscal years, culminating in a loss of 101,357 DKK in 2025. Equity has also declined from 4,046,337 DKK in 2022 to 2,252,632 DKK in 2025, indicating potential financial instability. The absence of revenue data complicates the assessment, but the declining profit margins and equity position raise concerns about the company's sustainability in the software publishing industry.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at udvikle og sælge software og relaterede produkter til produktion af massemedier samt efter direktionens skøn hermed beslægtet virksomhed.
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 | 5.9 mio. | -101 t. | 8 mio. | 2.3 mio. | 6 | |
| 202401/01/2024 – 31/12/2024 | 4.6 mio. | -1.3 mio. | 7.7 mio. | 2.4 mio. | 7 | |
| 202301/01/2023 – 31/12/2023 | 4.2 mio. | -399 t. | 8.4 mio. | 3.6 mio. | 8 | |
| 202201/01/2022 – 31/12/2022 | 5.3 mio. | 346 t. | 7.7 mio. | 4 mio. | 6 | |
| 202101/01/2021 – 31/12/2021 | 6.9 mio. | 2.1 mio. | 7.5 mio. | 3.8 mio. | 6 | |
| 202001/01/2020 – 31/12/2020 | 5.9 mio. | 1.6 mio. | 5.2 mio. | 2 mio. | 6 | |
| 201901/01/2019 – 31/12/2019 | 3.6 mio. | 315 t. | 2.9 mio. | 499 t. | 5 | |
| 201801/01/2018 – 31/12/2018 | 2.9 mio. | 305 t. | 2.6 mio. | 485 t. | 6 | |
| 201701/01/2017 – 31/12/2017 | 2.9 mio. | 257 t. | 1.8 mio. | 180 t. | 5 | |
| 201601/01/2016 – 31/12/2016 | 1.8 mio. | 999 | 1.4 mio. | -77 t. | 4 | |
| 201501/01/2015 – 31/12/2015 | 1.3 mio. | -227 t. | 1 mio. | -78 t. | - | |
| 201401/01/2014 – 31/12/2014 | 869 t. | -172 t. | 926 t. | 149 t. | - | |
| 201301/01/2013 – 31/12/2013 | 934 t. | -52 t. | 779 t. | 351 t. | - | |
| 201201/01/2012 – 31/12/2012 | 1.2 mio. | 215 t. | 800 t. | 403 t. | - |
Compared to 1.249 companies in Anden udgivelse af software
Comparison is based on industry median values
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Read about the CDS scoreHINDENBURG SYSTEMS ApS was founded on 11 August 2009.
HINDENBURG SYSTEMS ApS is registered under the industry Anden udgivelse af software (industry code 582900).
HINDENBURG SYSTEMS ApS had 6 employees in 2018 according to the Danish CVR register.
HINDENBURG SYSTEMS ApS is owned by DANA RHAETIA HOLDINGS ApS, DUNKERLEY ApS and PF MEDIA ApS.
hindenburg.com belongs to HINDENBURG SYSTEMS ApS, CVR number 32359337.
In 2025, HINDENBURG SYSTEMS ApS reported a gross profit of DKK 5,878,179.
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HINDENBURG SYSTEMS ApS has published its annual report for 2025. Gross profit came to DKK 5,878,179, and the net result was DKK -101,357.
HINDENBURG SYSTEMS ApS has published its annual report for 2024. Gross profit came to DKK 4,631,041, and the net result was DKK -1,263,179.
As of July 2, 2024, DANA RHAETIA HOLDINGS ApS is registered as an owner of HINDENBURG SYSTEMS ApS with an ownership share of 5%.
HINDENBURG SYSTEMS ApS has published its annual report for 2023. Gross profit came to DKK 4,204,569, and the net result was DKK -399,168.
As of May 31, 2024, Christian Linnemann Mottes has stepped down as director of HINDENBURG SYSTEMS ApS.
As of March 26, 2024, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of HINDENBURG SYSTEMS ApS.
As of March 26, 2024, Lægård Revision Statsautoriseret revisionsfirma has stepped down as auditor of HINDENBURG SYSTEMS ApS.
HINDENBURG SYSTEMS ApS has published its annual report for 2022. Gross profit came to DKK 5,258,319, and the net result was DKK 345,812.
HINDENBURG SYSTEMS ApS has published its annual report for 2021. Gross profit came to DKK 6,913,001, and the net result was DKK 2,082,004.
As of April 8, 2022, Lægård Revision Statsautoriseret revisionsfirma has been appointed auditor of HINDENBURG SYSTEMS ApS.
As of April 8, 2022, JVPE Revision ApS has stepped down as auditor of HINDENBURG SYSTEMS ApS.
HINDENBURG SYSTEMS ApS has published its annual report for 2020. Gross profit came to DKK 5,921,802, and the net result was DKK 1,629,188.
HINDENBURG SYSTEMS ApS has published its annual report for 2019. Gross profit came to DKK 3,610,158, and the net result was DKK 314,833.
HINDENBURG SYSTEMS ApS has published its annual report for 2018. Gross profit came to DKK 2,944,230, and the net result was DKK 304,571.
HINDENBURG SYSTEMS ApS has published its annual report for 2017. Gross profit came to DKK 2,896,025, and the net result was DKK 256,597.
HINDENBURG SYSTEMS ApS has published its annual report for 2016. Gross profit came to DKK 1,796,978, and the net result was DKK 999.
As of June 7, 2017, Christian Linnemann Mottes is registered as director of HINDENBURG SYSTEMS ApS.
HINDENBURG SYSTEMS ApS has published its annual report for 2015. Gross profit came to DKK 1,280,138, and the net result was DKK -226,803.
As of September 25, 2015, JVPE Revision ApS has been appointed auditor of HINDENBURG SYSTEMS ApS.
As of September 25, 2015, BM Virksomhedsrådgivning ApS has stepped down as auditor of HINDENBURG SYSTEMS ApS.
HINDENBURG SYSTEMS ApS has published its annual report for 2014. Gross profit came to DKK 869,124, and the net result was DKK -171,594.
HINDENBURG SYSTEMS ApS has published its annual report for 2013. Gross profit came to DKK 934,077, and the net result was DKK -52,333.
HINDENBURG SYSTEMS ApS has published its annual report for 2012. Gross profit came to DKK 1,182,788, and the net result was DKK 215,226.
As of October 26, 2012, BM Virksomhedsrådgivning ApS has been appointed auditor of HINDENBURG SYSTEMS ApS.
As of October 26, 2012, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of HINDENBURG SYSTEMS ApS.
As of September 30, 2012, DUNKERLEY ApS is registered as an owner of HINDENBURG SYSTEMS ApS with an ownership share of 33%.
As of September 30, 2012, PF MEDIA ApS is registered as an owner of HINDENBURG SYSTEMS ApS with an ownership share of 33%.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of HINDENBURG SYSTEMS ApS.
As of October 13, 2011, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of HINDENBURG SYSTEMS ApS.
As of August 11, 2009, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of HINDENBURG SYSTEMS ApS.
As of August 11, 2009, Nick Dunkerley is registered as director of HINDENBURG SYSTEMS ApS.
As of August 11, 2009, Preben Friis Simonsen is registered as director of HINDENBURG SYSTEMS ApS.
HINDENBURG SYSTEMS ApS was founded on August 11, 2009.
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