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APSActiveCVR 38119206Rugaardsvej 5Computer programming activities · NACE 6210Est. 20163 employeeswww.sia-connect.com
Revenue 2025
DKK 1M
+59% vs 2024
EBITDA margin
6.5%
+129% vs 2024
Equity ratio
22.8%
Financial strength
Net profit 2025
DKK 18K
+110% vs 2024
| Revenue | DKK 1M | +59% |
| EBITDA | DKK 67K | +129% |
| Net profit | DKK 18K | +110% |
| Total assets | DKK 719K | +34% |
| Equity | DKK 164K | +12% |
| Employees | 3 | — |
Legal name
Sia Connect ApS
CVR number
38119206
Legal form
Anpartsselskab
NACE code
6210 · Computer programming activities
Founded
15. oktober 2016
Share capital
DKK 115.715
Employees
3 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede bestyrelse eller af direktøren sammen med bestyrelsesformanden.
Company purpose
Selskabets formål er at udvikle, drive, markedsføre, hoste og sælge IoT produkter og løsninger samt
dermed beslægtet virksomhed.
Address
Rugaardsvej 5
Email
contact@sia-connect.com
Website
www.sia-connect.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 31 | 36 | 254 | 1.948 | -157 | 1.910 | 1.554 | 655 | 1.038 |
| Staff expenses | -0 | -172 | -153 | -1.280 | -1.791 | -1.484 | -1.977 | -883 | -971 |
| EBITDA | 31 | -135 | 102 | 629 | -1.949 | 426 | -423 | -229 | 67 |
| Depreciation & amort. | -0 | -1 | -4 | -15 | -0 | -2 | -7 | -9 | -8 |
| EBIT | 31 | -136 | 98 | 614 | -1.949 | 424 | -430 | -238 | 59 |
| Net financials | -3 | -2 | -1 | -16 | -16 | -5 | 2 | 6 | -36 |
| Profit before tax | 28 | -138 | 97 | 599 | -1.965 | 418 | -428 | -232 | 23 |
| Tax | 6 | -0 | -0 | 123 | -432 | 104 | -94 | -51 | 5 |
| Net profit | 22 | -138 | 97 | 476 | -1.533 | 315 | -335 | -181 | 18 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 86 | 29 | 76 | 3.888 | 1.452 | 2.034 | 1.471 | 539 | 719 |
| Equity | 72 | -66 | 30 | 2.631 | 1.099 | 1.413 | 1.079 | 146 | 164 |
| Long-term debt | 0 | 0 | 0 | 27 | 0 | 0 | 0 | 0 | 116 |
| Short-term debt | 14 | 96 | 46 | 1.230 | 354 | 621 | 393 | 393 | 439 |
| Total debt | 14 | 96 | 46 | 1.257 | 354 | 621 | 393 | 393 | 556 |
EBITDA margin
6.5%
This company
15.8%
Market median
-59% vs market
20172025
Equity ratio
22.8%
This company
38.2%
Market median
-40% vs market
20172025
Return on equity
10.8%
This company
18.4%
Market median
+41% vs market
20172025
Net profit margin
1.7%
This company
8.1%
Market median
-79% vs market
20172025
Asset turnover
1.44×
This company
1.12×
Market median
+29% vs market
20172025
Debt / equity
3.39×
This company
0.62×
Market median
-447% vs market
20172025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2019-10-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2018-10-01 – 2019-09-30
- Annual report 2018Filed via CVR / Virk · Period 2017-10-01 – 2018-09-30
- Annual report 2017Filed via CVR / Virk · Period 2016-10-15 – 2017-09-30
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KN Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
MH Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2025 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
MSEM Holding ApS | Company | 50.0% | 50.0% | 2026 |
Trifork Labs ApS | Company | 33.3% | 33.3% | 2024 |
TRIFORK A/S | Company | 33.3% | 33.3% | 2024 |
Nimi Holding ApS | Company | 5.0% | 5.0% | 2024 |
NOAC Holding ApS | Company | 5.0% | 5.0% | 2019 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Trifork Labs ApS
Sia Connect ApS Board members of Sia Connect ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kartheeban Nagenthiraja | Chief Executive Officer | 0 companies |
| Mads Havgaard Mikkelsen | Chief Executive Officer | 0 companies |
| Chresten Plinius | Chairman | 0 companies |
| Søren Wulf Eskildsen | Chairman | 0 companies |
| Simon Algrensen Christensen | Board of Directors | 0 companies |
| Niels Kjær-Richardt | Board of Directors | 0 companies |