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HEIMDAL SECURITY A/S

CVR: 35802495

Growing 71% p.a.Small companyWell-established (12 yrs)Loss-making

Secondary names: HEIMDAL A/S, HEIMDALAGENT A/S

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About HEIMDAL SECURITY A/S

HEIMDAL SECURITY A/S is a Danish company of the type Aktieselskab based in København V, founded in 2014. The company is registered under the industry Vagt- og sikkerhedsaktiviteter i.a.n.. The management consists of Jesper Tranholm Frederiksen. The company is owned by Thor HoldCo ApS. The company has 8 employees. In 2025, the company reported revenue of DKK 137,059,880 and a net result of DKK -8,860,733 compared with DKK -28,253,680 the year before. Equity amounted to DKK -216,223,196.

The financial health of HEIMDAL SECURITY A/S is concerning, marked by consistent losses over the past four years. Revenue has shown a positive trend, increasing from 84.9 million DKK in 2022 to 137.1 million DKK in 2025, yet profits remain negative, with a loss of 8.9 million DKK in 2025 compared to a loss of 56.8 million DKK in 2022. The company's equity position is significantly negative, declining from -80.3 million DKK in 2021 to -216.2 million DKK in 2025, indicating substantial financial strain. While revenue growth suggests potential, the persistent losses and deteriorating equity raise concerns about long-term sustainability and the company's ability to compete effectively in the security industry.

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Overview

Company type
A/S
Aktieselskab
Address
Vester Farimagsgade 1 2., 1606 København V
KØBENHAVN
1606 København V
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Founded
11.3.2014

Details

Industry
Vagt- og sikkerhedsaktiviteter i.a.n.
Code: 800900
Employees
8 employees
6 FTE
(2018)
Capital
500.000 kr.

Contact

Phone
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Purpose

Selskabets formål er at drive aktiviteter vedrørende IT-sikkerhedssystemet Heimdal samt efter bestyrelsens skøn hermed beslægtet virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2025137.1 mio.-8.9 mio.111.1 mio.-216.2 mio.24
2024120.4 mio.-28.3 mio.127.7 mio.-207.2 mio.26
2023101.7 mio.-41.8 mio.85.6 mio.-179 mio.31
202284.9 mio.-56.8 mio.117.8 mio.-137.2 mio.31
2021--40.3 mio.86 mio.-80.3 mio.42
2019--989 t.18.3 mio.-10 mio.7
2018--1.6 mio.12.9 mio.-9 mio.5
2017--1.6 mio.8.1 mio.-7.3 mio.5
2016--2.9 mio.6.9 mio.-5.8 mio.-
2015-000-

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Industry Benchmarks

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Compared to 184 companies in Vagt- og sikkerhedsaktiviteter i.a.n.

Revenue
Company137.1 mio.
Industry median1.4 mio.
99.7x
Profit margin
Company-6.5%
Industry median19.0%
100% below
Employees
Company24
Industry median3
8.0x
Equity ratio
Company-194.6%
Industry median53.0%
100% below

Comparison is based on industry median values

Ownership

Owners
Thor HoldCo ApS
CVR: 42971294
100%
HEIMDAL SECURITY A/S
CVR: 35802495
Subsidiaries
Heimdal Security Export ApS
CVR: 37627593(active)
100%

Management

Directors

Jesper Tranholm Frederiksen(ADM. DIR.)

Board

Kieran Rafter(FORMAND)
Mogens Munkholm Elsberg(BESTYRELSESMEDLEM)
Morten Kjærsgaard(BESTYRELSESMEDLEM)

PEP screening

Screen owners and management against the Danish FSA's official PEP lists

Founders

JESPER KNUDSEN HOLDING ApS
CSIS SECURITY GROUP A/S
MORTEN KJÆRSGAARD INVEST ApS

Production units (1)

HEIMDAL SECURITY A/S
P-no: 1019216175
Vester Farimagsgade 1 2., 1606, København V
Vagt- og sikkerhedsaktiviteter i.a.n.
8 employees

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History

37 events
2026
HEIMDAL SECURITY A/S: The 2025 annual report is outJun 26, 2026

HEIMDAL SECURITY A/S has published its annual report for 2025. Revenue came to DKK 137,059,880, and the net result was DKK -8,860,733.

2025
Jesper Tranholm Frederiksen joins HEIMDAL SECURITY A/S as adm. dir.Nov 25, 2025

As of November 25, 2025, Jesper Tranholm Frederiksen is registered as adm. dir. of HEIMDAL SECURITY A/S.

Morten Kjærsgaard steps down as adm. dir. of HEIMDAL SECURITY A/SNov 25, 2025

As of November 25, 2025, Morten Kjærsgaard has stepped down as adm. dir. of HEIMDAL SECURITY A/S.

HEIMDAL SECURITY A/S: The 2024 annual report is outJun 4, 2025

HEIMDAL SECURITY A/S has published its annual report for 2024. Revenue came to DKK 120,394,325, and the net result was DKK -28,253,680.

2024
HEIMDAL SECURITY A/S: The 2023 annual report is outMay 13, 2024

HEIMDAL SECURITY A/S has published its annual report for 2023. Revenue came to DKK 101,711,479, and the net result was DKK -41,789,506.

2023
HEIMDAL SECURITY A/S: The 2022 annual report is outJun 1, 2023

HEIMDAL SECURITY A/S has published its annual report for 2022. Revenue came to DKK 84,908,247, and the net result was DKK -56,838,902.

2022
HEIMDAL SECURITY A/S: The 2021 annual report is outAug 5, 2022

HEIMDAL SECURITY A/S has published its annual report for 2021. Gross profit came to DKK 10,155,047, and the net result was DKK -40,312,275.

Thor HoldCo ApS registered as owner of HEIMDAL SECURITY A/SMar 8, 2022

As of March 8, 2022, Thor HoldCo ApS is registered as an owner of HEIMDAL SECURITY A/S with an ownership share of 100%.

Kieran Rafter joins the board of HEIMDAL SECURITY A/SFeb 18, 2022

As of February 18, 2022, Kieran Rafter has joined the board of directors of HEIMDAL SECURITY A/S.

Florian Hofmann leaves the board of HEIMDAL SECURITY A/SFeb 18, 2022

As of February 18, 2022, Florian Hofmann has left the board of directors of HEIMDAL SECURITY A/S.

2021
HEIMDAL SECURITY A/S publishes interim reportOct 11, 2021

HEIMDAL SECURITY A/S has published its interim report for the period October 1, 2019 – December 31, 2020.

HEIMDAL SECURITY A/S appoints new auditorOct 11, 2021

As of October 11, 2021, KPMG P/S has been appointed auditor of HEIMDAL SECURITY A/S.

Auditor steps down at HEIMDAL SECURITY A/SOct 11, 2021

As of October 11, 2021, Kreston CM Statsautoriseret Revisions interessentskab has stepped down as auditor of HEIMDAL SECURITY A/S.

2020
Mogens Munkholm Elsberg joins the board of HEIMDAL SECURITY A/SMay 1, 2020

As of May 1, 2020, Mogens Munkholm Elsberg has joined the board of directors of HEIMDAL SECURITY A/S.

Kieran Rafter leaves the board of HEIMDAL SECURITY A/SMay 1, 2020

As of May 1, 2020, Kieran Rafter has left the board of directors of HEIMDAL SECURITY A/S.

Morten Kjærsgaard joins the board of HEIMDAL SECURITY A/SMar 5, 2020

As of March 5, 2020, Morten Kjærsgaard has joined the board of directors of HEIMDAL SECURITY A/S.

Florian Hofmann joins the board of HEIMDAL SECURITY A/SMar 5, 2020

As of March 5, 2020, Florian Hofmann has joined the board of directors of HEIMDAL SECURITY A/S.

Kieran Rafter joins the board of HEIMDAL SECURITY A/SMar 5, 2020

As of March 5, 2020, Kieran Rafter has joined the board of directors of HEIMDAL SECURITY A/S.

Allan Mortensen leaves the board of HEIMDAL SECURITY A/SMar 5, 2020

As of March 5, 2020, Allan Mortensen has left the board of directors of HEIMDAL SECURITY A/S.

Jens Thonke leaves the board of HEIMDAL SECURITY A/SMar 5, 2020

As of March 5, 2020, Jens Thonke has left the board of directors of HEIMDAL SECURITY A/S.

Morten Villekjær leaves the board of HEIMDAL SECURITY A/SMar 5, 2020

As of March 5, 2020, Morten Villekjær has left the board of directors of HEIMDAL SECURITY A/S.

HEIMDAL SECURITY A/S: The 2019 annual report is outFeb 26, 2020

HEIMDAL SECURITY A/S has published its annual report for 2019. Gross profit came to DKK 5,603,393, and the net result was DKK -988,516.

2019
HEIMDAL SECURITY A/S: The 2018 annual report is outFeb 27, 2019

HEIMDAL SECURITY A/S has published its annual report for 2018. Gross profit came to DKK 3,286,916, and the net result was DKK -1,637,025.

Jens Thonke joins the board of HEIMDAL SECURITY A/SFeb 27, 2019

As of February 27, 2019, Jens Thonke has joined the board of directors of HEIMDAL SECURITY A/S.

Klaus Juel Rasmussen leaves the board of HEIMDAL SECURITY A/SFeb 27, 2019

As of February 27, 2019, Klaus Juel Rasmussen has left the board of directors of HEIMDAL SECURITY A/S.

2018
HEIMDAL SECURITY A/S: The 2017 annual report is outJan 26, 2018

HEIMDAL SECURITY A/S has published its annual report for 2017. Gross profit came to DKK 1,919,285, and the net result was DKK -1,551,785.

2017
HEIMDAL SECURITY A/S: The 2016 annual report is outJan 16, 2017

HEIMDAL SECURITY A/S has published its annual report for 2016. Gross profit came to DKK 1,079,514, and the net result was DKK -2,885,218.

2016
HEIMDAL SECURITY A/S: The 2015 annual report is outFeb 11, 2016

HEIMDAL SECURITY A/S has published its annual report for 2015. The net result was DKK 0.

2015
Klaus Juel Rasmussen joins the board of HEIMDAL SECURITY A/SSep 28, 2015

As of September 28, 2015, Klaus Juel Rasmussen has joined the board of directors of HEIMDAL SECURITY A/S.

Jesper Knudsen leaves the board of HEIMDAL SECURITY A/SSep 28, 2015

As of September 28, 2015, Jesper Knudsen has left the board of directors of HEIMDAL SECURITY A/S.

2014
HEIMDAL SECURITY A/S publishes interim reportDec 19, 2014

HEIMDAL SECURITY A/S has published its interim report for the period March 11, 2014 – September 30, 2014.

HEIMDAL SECURITY A/S appoints new auditorMar 11, 2014

As of March 11, 2014, Kreston CM Statsautoriseret Revisions interessentskab has been appointed auditor of HEIMDAL SECURITY A/S.

Allan Mortensen joins the board of HEIMDAL SECURITY A/SMar 11, 2014

As of March 11, 2014, Allan Mortensen has joined the board of directors of HEIMDAL SECURITY A/S.

Jesper Knudsen joins the board of HEIMDAL SECURITY A/SMar 11, 2014

As of March 11, 2014, Jesper Knudsen has joined the board of directors of HEIMDAL SECURITY A/S.

Morten Villekjær joins the board of HEIMDAL SECURITY A/SMar 11, 2014

As of March 11, 2014, Morten Villekjær has joined the board of directors of HEIMDAL SECURITY A/S.

Morten Kjærsgaard joins HEIMDAL SECURITY A/S as adm. dir.Mar 11, 2014

As of March 11, 2014, Morten Kjærsgaard is registered as adm. dir. of HEIMDAL SECURITY A/S.

HEIMDAL SECURITY A/S is foundedMar 11, 2014

HEIMDAL SECURITY A/S was founded on March 11, 2014.

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