CVR: 39006936
Secondary names: Damgaard Data ApS
Previous names: The Grid Esport ApS
DKK 1,884,641
Gross profit
Net result: DKK 392,734
Nikolaj Ekstrøm Rähr, Danmark Invest ApS
CVR · view ownership and management
Director registered: Mathias Riis Damgaard
CVR · 09/02/2026
View the full event history
Pinehill Finance ApS is a Danish company of the type Anpartsselskab based in Hillerød, founded in 2017. The company is registered under the industry IT-infrastruktur, databehandling, hosting og relaterede aktiviteter. The company was previously named The Grid Esport ApS. The management consists of Mathias Riis Damgaard and Nikolaj Ekstrøm Rähr. The company is owned by Nikolaj Ekstrøm Rähr and Danmark Invest ApS. In 2025, the company reported a gross profit of DKK 1,884,641 and a net result of DKK 392,734 compared with DKK 435,482 the year before. Equity in the 2025 report amounted to DKK 459,648.
Source: annual report 2025, Danish Business Authority
Pinehill Finance ApS has shown a positive trajectory in profitability over the past few years, with gross profit increasing from 65,606 DKK in 2023 to 1,884,641 DKK in 2025, despite the absence of disclosed revenue figures. Profitability peaked at 435,482 DKK in 2024, although it slightly declined to 392,734 DKK in 2025. The company has improved its equity position significantly, rising from -386,520 DKK in 2022 to 459,648 DKK in 2025, indicating a recovery from previous losses. However, the lack of revenue transparency and the unknown employee count raise concerns about its overall size and competitive position within the IT infrastructure and hosting industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive salgsvirksomhed, konsulentvirksomhed, bogføringsvirksomhed samt udviklings- og innovationsvirksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | 393 t. | 883 t. | 460 t. | 2 | |
| 202401/01/2024 – 31/12/2024 | - | 435 t. | 531 t. | 189 t. | 1 | |
| 202301/01/2023 – 31/12/2023 | - | 140 t. | 177 t. | -246 t. | 1 | |
| 202201/01/2022 – 31/12/2022 | 0 | -12 t. | 0 | -387 t. | - | |
| 202101/01/2021 – 31/12/2021 | 0 | -29 t. | 0 | -374 t. | - | |
| 202001/01/2020 – 31/12/2020 | 0 | -79 t. | 0 | -345 t. | - | |
| 201901/01/2019 – 31/12/2019 | - | -158 t. | 158 t. | -266 t. | - |
Compared to 540 companies in IT-infrastruktur, databehandling, hosting og relaterede aktiviteter
Comparison is based on industry median values
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Set up monitoringPinehill Finance ApS was founded on 9 October 2017.
Pinehill Finance ApS is registered under the industry IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (industry code 631000).
Pinehill Finance ApS is owned by Nikolaj Ekstrøm Rähr and Danmark Invest ApS.
In 2025, Pinehill Finance ApS reported a gross profit of DKK 1,884,641.
The management of Pinehill Finance ApS consists of Mathias Riis Damgaard and Nikolaj Ekstrøm Rähr.
Pinehill Finance ApS is located at Krakasvej 17 st., 3400 Hillerød.
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Pinehill Finance ApS has published its annual report for 2025. Gross profit came to DKK 1,884,641, and the net result was DKK 392,734.
Contact info changed: new email: [email protected] (March 18, 2026).
Contact info changed: new email: [email protected] (February 20, 2026).
As of February 9, 2026, Mathias Riis Damgaard is registered as director of Pinehill Finance ApS.
As of February 9, 2026, Danmark Invest ApS is registered as an owner of Pinehill Finance ApS with an ownership share of 33%.
Pinehill Finance ApS has published its annual report for 2024. Gross profit came to DKK 1,381,241, and the net result was DKK 435,482.
Pinehill Finance ApS has published its annual report for 2023. Gross profit came to DKK 65,606, and the net result was DKK 140,052.
On September 25, 2023, the company changed its name from The Grid Esport ApS to Pinehill Finance ApS.
Pinehill Finance ApS has published its annual report for 2022. Revenue came to DKK 0, and the net result was DKK -12,101.
Pinehill Finance ApS has published its annual report for 2021. Revenue came to DKK 0, and the net result was DKK -29,182.
Pinehill Finance ApS has published its annual report for 2020. Revenue came to DKK 0, and the net result was DKK -78,950.
As of September 9, 2020, Nikolaj Ekstrøm Rähr is registered as an owner of Pinehill Finance ApS with an ownership share of 33%.
Pinehill Finance ApS has published its annual report for 2019. Gross profit came to DKK 109,271, and the net result was DKK -158,173.
Pinehill Finance ApS has published its interim report for the period October 9, 2017 – December 31, 2018.
As of May 6, 2019, Jake Axl Gianluca Simonelli has stepped down as adm. dir. of Pinehill Finance ApS.
As of October 9, 2017, Nikolaj Ekstrøm Rähr is registered as director of Pinehill Finance ApS.
As of October 9, 2017, Jake Axl Gianluca Simonelli is registered as adm. dir. of Pinehill Finance ApS.
Pinehill Finance ApS was founded on October 9, 2017.
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