CVR: 35391282
DKK 5,126,189
Gross profit
Net result: DKK -8,469,229
Tradeshift Holdings Inc.
CVR · view ownership and management
Director registered: Michael Alan Cowles
CVR · 30/09/2025
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TRADESHIFT ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2013. The company is registered under the industry Anden udgivelse af software. The management consists of Michael Alan Cowles. The company is owned by Tradeshift Holdings Inc.. The company has 144 employees (2018). In 2026, the company reported a gross profit of DKK 5,126,189 and a net result of DKK -8,469,229 compared with DKK -4,094,715 the year before. Equity in the 2026 report amounted to DKK 4,372,711.
Source: annual report 2026, Danish Business Authority
TRADESHIFT ApS has shown a fluctuating financial trajectory, with gross profit peaking at 93 million DKK in 2022 before declining to 5.1 million DKK in 2026. Despite achieving profitability in 2024 and 2023, the company reported significant losses in 2025 and 2026, raising concerns about its sustainability. The equity position has improved from negative 39.6 million DKK in 2025 to 4.4 million DKK in 2026, indicating a recovery but still highlighting vulnerability. Operating in the software publishing industry, the company must address its profitability challenges while leveraging its gross profit margins to stabilize its financial health.
AI-generated summary · Generated 29/08/2026
Selskabets formål er at udvikle og sælge software og at eje kapitalandele i andre selskaber samt at udøve investeringsvirksomhed og anden beslægtet 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 | 5.1 mio. | -8.5 mio. | 227.4 mio. | 4.4 mio. | 7 | |
| 202501/02/2024 – 31/01/2025 | 28.3 mio. | -4.1 mio. | 250.2 mio. | -39.6 mio. | 23 | |
| 202401/02/2023 – 31/01/2024 | 61.8 mio. | 545 t. | 192.5 mio. | 29.2 mio. | 52 | |
| 202301/02/2022 – 31/01/2023 | 89.3 mio. | 20.4 mio. | 173.1 mio. | 28.7 mio. | 84 | |
| 202201/02/2021 – 31/01/2022 | 93 mio. | -675 t. | 217.5 mio. | 8.3 mio. | 88 | |
| 202001/01/2020 – 31/12/2020 | 102.6 mio. | 7.6 mio. | 96.8 mio. | 11.7 mio. | 151 | |
| 201901/01/2019 – 31/12/2019 | 152.5 mio. | 6.3 mio. | 98.7 mio. | 4.1 mio. | 181 | |
| 201801/01/2018 – 31/12/2018 | 116 mio. | 4.4 mio. | 148.8 mio. | -3.1 mio. | 129 | |
| 201701/01/2017 – 31/12/2017 | 97.8 mio. | 8 mio. | 120.5 mio. | -7.4 mio. | 130 | |
| 201601/01/2016 – 31/12/2016 | 72.6 mio. | -17.8 mio. | 37.8 mio. | -15.5 mio. | - | |
| 201501/01/2015 – 31/12/2015 | 50 mio. | 1.9 mio. | 11.1 mio. | 2.3 mio. | - |
Compared to 1.250 companies in Anden udgivelse af software
Comparison is based on industry median values
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Read about the CDS scoreTRADESHIFT ApS was founded on 1 July 2013.
TRADESHIFT ApS is registered under the industry Anden udgivelse af software (industry code 582900).
TRADESHIFT ApS had 144 employees in 2018 according to the Danish CVR register.
TRADESHIFT ApS is owned by Tradeshift Holdings Inc..
In 2026, TRADESHIFT ApS reported a gross profit of DKK 5,126,189.
The management of TRADESHIFT ApS consists of Michael Alan Cowles.
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TRADESHIFT ApS has published its annual report for 2026. Gross profit came to DKK 5,126,189, and the net result was DKK -8,469,229.
TRADESHIFT ApS has published its annual report for 2025. Gross profit came to DKK 28,266,033, and the net result was DKK -4,094,715.
As of September 30, 2025, BDO Statsautoriseret Revisionspartnerselskab has been appointed auditor of TRADESHIFT ApS.
As of September 30, 2025, Michael Alan Cowles is registered as director of TRADESHIFT ApS.
As of September 4, 2025, BDO Holding VII, statsautoriseret revisionsaktieselskab has stepped down as auditor of TRADESHIFT ApS.
As of September 4, 2025, Michael Alan Cowles has stepped down as director of TRADESHIFT ApS.
As of January 17, 2025, Michael Alan Cowles is registered as director of TRADESHIFT ApS.
As of January 17, 2025, Jonathan Patrick Lagan has stepped down as director of TRADESHIFT ApS.
As of December 13, 2024, Jonathan Patrick Lagan is registered as director of TRADESHIFT ApS.
As of December 13, 2024, James Edward Stirk has stepped down as director of TRADESHIFT ApS.
TRADESHIFT ApS has published its annual report for 2024. Gross profit came to DKK 61,777,501, and the net result was DKK 544,808.
As of June 29, 2024, James Edward Stirk is registered as director of TRADESHIFT ApS.
As of June 29, 2024, Gert Sylvest has stepped down as director of TRADESHIFT ApS.
As of January 29, 2024, Christian Lanng has left the board of directors of TRADESHIFT ApS.
TRADESHIFT ApS has published its annual report for 2023. Gross profit came to DKK 89,293,899, and the net result was DKK 20,423,380.
As of August 17, 2023, Mikkel Hippe Brun has left the board of directors of TRADESHIFT ApS.
TRADESHIFT ApS has published its annual report for 2022. Gross profit came to DKK 93,020,106, and the net result was DKK -675,014.
TRADESHIFT ApS has published its interim report for the period January 1, 2021 – January 31, 2021.
TRADESHIFT ApS has published its annual report for 2020. Gross profit came to DKK 102,641,903, and the net result was DKK 7,602,044.
TRADESHIFT ApS has published its annual report for 2019. Gross profit came to DKK 152,532,160, and the net result was DKK 6,347,307.
TRADESHIFT ApS has published its annual report for 2018. Gross profit came to DKK 116,040,658, and the net result was DKK 4,357,006.
As of August 26, 2019, BDO Holding VII, statsautoriseret revisionsaktieselskab has been appointed auditor of TRADESHIFT ApS.
As of August 26, 2019, Christian Lanng has joined the board of directors of TRADESHIFT ApS.
As of August 26, 2019, Mikkel Hippe Brun has joined the board of directors of TRADESHIFT ApS.
As of August 26, 2019, Gert Sylvest is registered as director of TRADESHIFT ApS.
As of August 19, 2019, BDO Holding VII, statsautoriseret revisionsaktieselskab has stepped down as auditor of TRADESHIFT ApS.
As of August 19, 2019, Christian Lanng has left the board of directors of TRADESHIFT ApS.
As of August 19, 2019, Mikkel Hippe Brun has left the board of directors of TRADESHIFT ApS.
As of August 19, 2019, Gert Sylvest has stepped down as director of TRADESHIFT ApS.
TRADESHIFT ApS has published its annual report for 2017. Gross profit came to DKK 97,798,786, and the net result was DKK 8,033,032.
TRADESHIFT ApS has published its annual report for 2016. Gross profit came to DKK 72,646,704, and the net result was DKK -17,760,265.
TRADESHIFT ApS has published its annual report for 2015. Gross profit came to DKK 50,044,389, and the net result was DKK 1,876,991.
As of February 12, 2016, Mikkel Hippe Brun has joined the board of directors of TRADESHIFT ApS.
TRADESHIFT ApS has published its interim report for the period July 1, 2013 – December 31, 2014.
As of June 1, 2015, BDO Holding VII, statsautoriseret revisionsaktieselskab has been appointed auditor of TRADESHIFT ApS.
As of June 1, 2015, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of TRADESHIFT ApS.
As of July 1, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of TRADESHIFT ApS.
As of July 1, 2013, Christian Lanng has joined the board of directors of TRADESHIFT ApS.
As of July 1, 2013, Gert Sylvest is registered as director of TRADESHIFT ApS.
As of July 1, 2013, is registered as an owner of TRADESHIFT ApS with an ownership share of 100%.
TRADESHIFT ApS was founded on July 1, 2013.
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