Owners, management and financials
CVR: 42217506
EUR 447,100,000
Revenue
Net result: EUR -88,400,000
Spring LuxCo HoldCo S.à r.l. (90-99,99%)
CVR · view owners
Susanne Arfelt Rajamand
Board: Arnd Kaldowski (chair) and 5 members
CVR · view management
Active
Founded 15 March 2021
CVR · view overview
844 employees
Annual report 2025 · average
Director role ended: Catja Baltser
CVR · 12/10/2026
View the full event history
Spring TopCo DK ApS is a Danish company of the type Anpartsselskab based in Hellerup, founded in 2021. The company is registered under the industry Ikke-finansielle holdingselskaber. The management consists of Susanne Arfelt Rajamand. The board consists of Arnd Kaldowski (chair), Nils Philipp Ketter, Cornelis de Jong and Joan Allison Braca. The company is owned by Spring LuxCo HoldCo S.à r.l.. According to the 2025 annual report, the company had an average of 844 employees. In 2025, the company reported revenue of EUR 447,100,000 and a net result of EUR -88,400,000 compared with EUR -80,800,000 the year before. Equity in the 2025 report amounted to EUR 152,500,000.
Source: annual report 2025, Danish Business Authority
The financial health of Spring TopCo DK ApS shows a concerning trend, with consistent losses over the past four years, culminating in a profit loss of €88.4 million in 2025. Revenue has been increasing, reaching €447.1 million in 2025, but gross profit margins remain low, indicating challenges in cost management and profitability. Equity has decreased significantly from €425.4 million in 2022 to €152.5 million in 2025, raising concerns about the company's long-term sustainability. As a non-financial holding company, its position within the industry is precarious, with declining equity and persistent losses suggesting a need for strategic reassessment.
AI-generated summary · Generated 20/08/2026
Selskabets formål er at erhverve, eje og afhænde unoterede og noterede kapitalandele samt anden virksomhed, der står i forbindelse hermed og at levere managementrådgivning og administrative ydelser.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/09/2024 – 31/08/2025 | 447.1M EUR | -88.4M EUR | 1.2B EUR | 152.5M EUR | 844 | |
| 202401/09/2023 – 31/08/2024 | 417.2M EUR | -80.8M EUR | 1.2B EUR | 255M EUR | - | |
| 202301/09/2022 – 31/08/2023 | 396M EUR | -126M EUR | 1.3B EUR | 365.9M EUR | - | |
| 202201/09/2021 – 31/08/2022 | 335.7M EUR | -270.6M EUR | 1.2B EUR | 425.4M EUR | - |
Compared to 50.000 companies in Ikke-finansielle holdingselskaber
Comparison is based on industry median values
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Set up monitoringThe CVR number of Spring TopCo DK ApS is 42217506.
Spring TopCo DK ApS is owned by Spring LuxCo HoldCo S.à r.l..
The management of Spring TopCo DK ApS consists of Susanne Arfelt Rajamand.
The board of Spring TopCo DK ApS consists of Arnd Kaldowski, Nils Philipp Ketter and Cornelis de Jong, with Arnd Kaldowski as chair.
In 2025, Spring TopCo DK ApS reported revenue of EUR 447,100,000.
Spring TopCo DK ApS had an average of 844 employees in the 2025 financial year according to the annual report.
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As of October 12, 2026, Susanne Arfelt Rajamand is registered as adm. dir. of Spring TopCo DK ApS.
As of October 12, 2026, Catja Baltser has stepped down as adm. dir. of Spring TopCo DK ApS.
Address changed to Strandvejen 60, 2900 Hellerup (July 1, 2026).
As of March 24, 2026, Catja Baltser is registered as adm. dir. of Spring TopCo DK ApS.
As of March 24, 2026, Martin Sonntag has stepped down as adm. dir. of Spring TopCo DK ApS.
Spring TopCo DK ApS has published its annual report for 2025. Revenue came to DKK 447,100,000, and the net result was DKK -88,400,000.
As of December 31, 2025, Cornelis de Jong has joined the board of directors of Spring TopCo DK ApS.
As of December 31, 2025, Arnd Kaldowski has joined the board of directors of Spring TopCo DK ApS.
As of December 31, 2025, Christoffer Fiorini Lorenzen has left the board of directors of Spring TopCo DK ApS.
As of December 31, 2025, Xiangwei Gong has left the board of directors of Spring TopCo DK ApS.
As of December 30, 2025, Cornelis de Jong has left the board of directors of Spring TopCo DK ApS.
Spring TopCo DK ApS has published its annual report for 2024. Revenue came to DKK 417,200,000, and the net result was DKK -80,800,000.
As of February 24, 2025, Joan Allison Braca has joined the board of directors of Spring TopCo DK ApS.
Spring TopCo DK ApS has published its annual report for 2023. Revenue came to DKK 396,000,000, and the net result was DKK -126,000,000.
As of February 27, 2024, Nils Philipp Ketter has joined the board of directors of Spring TopCo DK ApS.
As of February 27, 2024, Vesa Veikko Koskinen has joined the board of directors of Spring TopCo DK ApS.
As of February 27, 2024, Mads Munkholt Ditlevsen has left the board of directors of Spring TopCo DK ApS.
As of February 26, 2024, Nils Philipp Ketter has left the board of directors of Spring TopCo DK ApS.
As of January 1, 2024, Martin Sonntag is registered as adm. dir. of Spring TopCo DK ApS.
As of January 1, 2024, Mads Dehlsen Winther has stepped down as adm. dir. of Spring TopCo DK ApS.
As of October 1, 2023, Thijs William Bakker has joined the board of directors of Spring TopCo DK ApS.
As of October 1, 2023, Anne Louise Eberhard has left the board of directors of Spring TopCo DK ApS.
As of August 10, 2023, Nils Philipp Ketter has joined the board of directors of Spring TopCo DK ApS.
As of August 10, 2023, Adam Harlang Meyer has left the board of directors of Spring TopCo DK ApS.
As of May 9, 2023, Mads Dehlsen Winther is registered as adm. dir. of Spring TopCo DK ApS.
As of May 9, 2023, Odd Erik Hansen has stepped down as adm. dir. of Spring TopCo DK ApS.
Spring TopCo DK ApS has published its annual report for 2022. Revenue came to DKK 335,700,000, and the net result was DKK -270,600,000.
As of February 27, 2023, Adam Harlang Meyer has joined the board of directors of Spring TopCo DK ApS.
As of February 27, 2023, Carl Martin Borcher has left the board of directors of Spring TopCo DK ApS.
Spring TopCo DK ApS has published its interim report for the period March 15, 2021 to August 31, 2021.
As of July 28, 2021, is registered as an owner of Spring TopCo DK ApS with an ownership share of 90%.
As of May 31, 2021, Anne Louise Eberhard has joined the board of directors of Spring TopCo DK ApS.
As of April 1, 2021, Odd Erik Hansen is registered as adm. dir. of Spring TopCo DK ApS.
As of April 1, 2021, Tue Ravnholt Frandsen has stepped down as director of Spring TopCo DK ApS.
As of March 25, 2021, Mads Munkholt Ditlevsen has joined the board of directors of Spring TopCo DK ApS.
As of March 24, 2021, Mads Munkholt Ditlevsen has left the board of directors of Spring TopCo DK ApS.
As of March 19, 2021, EY Godkendt Revisionspartnerselskab has been appointed auditor of Spring TopCo DK ApS.
As of March 19, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Spring TopCo DK ApS.
As of March 19, 2021, Carl Martin Borcher has joined the board of directors of Spring TopCo DK ApS.
As of March 19, 2021, Christoffer Fiorini Lorenzen has joined the board of directors of Spring TopCo DK ApS.
As of March 19, 2021, Mads Munkholt Ditlevsen has joined the board of directors of Spring TopCo DK ApS.
As of March 19, 2021, Cornelis de Jong has joined the board of directors of Spring TopCo DK ApS.
As of March 19, 2021, Xiangwei Gong has joined the board of directors of Spring TopCo DK ApS.
As of March 15, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Spring TopCo DK ApS.
As of March 15, 2021, Tue Ravnholt Frandsen is registered as director of Spring TopCo DK ApS.
Spring TopCo DK ApS was founded on March 15, 2021.
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