Owners, management and financials
CVR: 35391282
DKK 5,126,189
Gross profit
Net result: DKK -8,469,229
Tradeshift Holdings Inc. (100%)
CVR · view owners
Michael Alan Cowles
CVR · view management
Active
Founded 1 July 2013
CVR · view overview
2 employees
CVR · 2025
Director registered: Michael Alan Cowles
CVR · 30/09/2025
View the full event history
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 2 employees (2025). 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
Use this number when you send an electronic invoice to TRADESHIFT ApS.
Source: Peppol Directory, updated daily.
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 | 5.1M | -8.5M | 227.4M | 4.4M | 7 | |
| 202501/02/2024 – 31/01/2025 | 28.3M | -4.1M | 250.2M | -39.6M | 23 | |
| 202401/02/2023 – 31/01/2024 | 61.8M | 545K | 192.5M | 29.2M | 52 | |
| 202301/02/2022 – 31/01/2023 | 89.3M | 20.4M | 173.1M | 28.7M | 84 | |
| 202201/02/2021 – 31/01/2022 | 93M | -675K | 217.5M | 8.3M | 88 | |
| 202001/01/2020 – 31/12/2020 | 102.6M | 7.6M | 96.8M | 11.7M | 151 | |
| 201901/01/2019 – 31/12/2019 | 152.5M | 6.3M | 98.7M | 4.1M | 181 | |
| 201801/01/2018 – 31/12/2018 | 116M | 4.4M | 148.8M | -3.1M | 129 | |
| 201701/01/2017 – 31/12/2017 | 97.8M | 8M | 120.5M | -7.4M | 130 | |
| 201601/01/2016 – 31/12/2016 | 72.6M | -17.8M | 37.8M | -15.5M | - | |
| 201501/01/2015 – 31/12/2015 | 50M | 1.9M | 11.1M | 2.3M | - |
Compared to 1.252 companies in Anden udgivelse af software
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
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Read about the CDS scoreThe CVR number of TRADESHIFT ApS is 35391282.
TRADESHIFT ApS is owned by Tradeshift Holdings Inc..
The management of TRADESHIFT ApS consists of Michael Alan Cowles.
In 2026, TRADESHIFT ApS reported a gross profit of DKK 5,126,189.
TRADESHIFT ApS had 2 employees in 2025 according to the Danish CVR register.
TRADESHIFT ApS was founded on 1 July 2013.
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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, A/S PSE 17 NR. 1056 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 to 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, A/S PSE 17 NR. 1056 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, A/S PSE 17 NR. 1056 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 to December 31, 2014.
As of June 1, 2015, A/S PSE 17 NR. 1056 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.
Uneven Bits ApS is an independent IT consultancy founded and operated by Klaus Byskov Pedersen. With deep expertise in software architecture and systems design, I help organizations build robust, scalable, and maintainable technical solutions. Whether you need strategic guidance on technology decisions, hands-on architecture work, or help navigating complex technical challenges, I bring focused expertise and a practical approach to every engagement.
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.
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