Riskpilot← Back to searchSign inGet full accessSAXO BANK A/S
A/SActiveCVR 15731249Philip Heymans Alle 15Other monetary intermediation · NACE 6419Est. 1992958 employees
Revenue 2024
DKK 2,6B
EBITDA margin
51.3%
+88% vs 2023
Equity ratio
6.7%
Financial strength
Net profit 2024
DKK 1B
+286% vs 2023
| Revenue | DKK 2,6B | — |
| EBITDA | DKK 1,3B | +88% |
| Net profit | DKK 1B | +286% |
| Total assets | DKK 93,3B | +47% |
| Equity | DKK 6,3B | -1% |
| Employees | 958 | — |
Legal name
SAXO BANK A/S
CVR number
15731249
Legal form
Aktieselskab
NACE code
6419 · Other monetary intermediation
Founded
1. april 1992
Share capital
DKK 73.693.899
Employees
958 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede bestyrelse.
Company purpose
Selskabet driver bankvirksomhed af enhver art samt anden efter banklovgivningen tilladt virksomhed.
Address
Philip Heymans Alle 15
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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.871.421 | 1.722.308 | 0 | 0 | 0 | 0 | 0 | 2.623.000 |
| Staff expenses | — | — | -1.698.964 | -1.726.000 | -1.736.000 | -1.932.000 | -1.980.000 | -2.405.000 |
| EBITDA | 508.603 | 1.097.516 | 382.985 | 362.000 | 482.000 | 621.000 | 715.000 | 1.346.000 |
| Depreciation & amort. | 294.251 | 288.735 | -519.337 | -299.000 | 384.000 | 497.000 | -1.070.000 | -480.000 |
| EBIT | 214.352 | 808.781 | -136.352 | 63.000 | 98.000 | 124.000 | -355.000 | 866.000 |
| Net financials | 288.387 | 190.102 | 182.693 | 775.000 | 710.000 | 640.000 | 524.000 | 370.000 |
| Profit before tax | 502.739 | 998.883 | 46.341 | 837.000 | 809.000 | 764.000 | 169.000 | 1.236.000 |
| Tax | 75.268 | 18.573 | 6.964 | 86.000 | 52.000 | 50.000 | -94.000 | 221.000 |
| Net profit | 427.471 | 980.310 | 39.377 | 751.000 | 757.000 | 714.000 | 263.000 | 1.015.000 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 32.184.725 | 32.121.088 | 38.334.030 | 45.414.000 | 59.107.000 | 64.356.000 | 63.527.000 | 93.263.000 |
| Equity | 4.583.872 | 5.552.736 | 7.021.560 | 7.397.000 | 7.177.000 | 7.109.000 | 6.360.000 | 6.265.000 |
| Long-term debt | 351.131 | 360.672 | 29.941.206 | 36.786.000 | 0 | 0 | 0 | 0 |
| Short-term debt | 27.100.622 | 26.063.861 | 0 | 776.000 | 51.929.000 | 56.749.000 | 56.928.000 | 86.721.000 |
| Total debt | 27.451.753 | 26.424.533 | 29.941.206 | 38.016.000 | 51.929.000 | 57.247.000 | 56.928.000 | 86.721.000 |
EBITDA margin
51.3%
This company
15.8%
Market median
+225% vs market
20172024
Equity ratio
6.7%
This company
38.2%
Market median
-82% vs market
20172024
Return on equity
16.2%
This company
18.4%
Market median
+12% vs market
20172024
Net profit margin
38.7%
This company
8.1%
Market median
+378% vs market
20172024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
20172024
Debt / equity
13.89×
This company
0.62×
Market median
-2140% vs market
20172024
- 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 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Audit | 1992 | — | — | |
DB Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
VC Founder | Founder | 1992 | — | — |
MD Management | Management | 2022 | — | — |
SB Management | Management | 2014 | — | — |
AC Founder | Founder | 1992 | — | — |
LS Management | Management | 1998 | — | — |
| Founder | 1992 | — | — | |
DJ Management | Management | 2018 | — | — |
Rr | Audit | 1992 | — | — |
JB Deputy | Deputy | 2025 | — | — |
DB Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
JC Management | Management | 2024 | — | — |
JC Management | Management | 2026 | — | — |
PO Audit | Audit | 1992 | — | — |
JC Management | Management | 2026 | — | — |
AP Deputy | Deputy | 2025 | — | — |
HJ Management | Management | 2026 | — | — |
SK Management | Management | 2016 | — | — |
MI Management | Management | 2021 | — | — |
BB Deputy | Deputy | 2025 | — | — |
| Audit | 1992 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2011 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2001 | — | — | |
| Board of Directors | 2015 | — | — | |
| Deputy Chairman | 2003 | — | — | |
| Board of Directors | 1998 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2003 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2005 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2026 | — | — | |
| Deputy Chairman | 2015 | — | — | |
| Chairman | 2014 | — | — | |
| Board of Directors | 2026 | — | — | |
| Chairman | 2012 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2025 | — | — | |
| Deputy Chairman | 2026 | — | — | |
| Board of Directors | 2003 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2013 | — | — | |
| Board of Directors | 1992 | — | — | |
| Board of Directors | 2001 | — | — | |
| Chairman | 2018 | — | — | |
| Deputy Chairman | 2005 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2003 | — | — | |
| Board of Directors | 2001 | — | — | |
| Board of Directors | 1992 | — | — | |
XL | Board of Directors | 2022 | — | — |
| Board of Directors | 2022 | — | — | |
| Chairman | 2015 | — | — | |
| Board of Directors | 2006 | — | — | |
| Chairman | 2003 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100.0% | 100.0% | 2026 | |
Geely Financials Denmark A/S | Company | 33.3% | 33.3% | 2023 |
| Individual | 25.0% | 25.0% | 2011 | |
FOURNAIS HOLDING A/S | Company | 25.0% | 25.0% | 2011 |
| Individual | 15.0% | 15.0% | 2018 | |
| Individual | 66.7% | 66.7% | 2026 | |
| Individual | 15.0% | 15.0% | 2024 | |
| Individual | 5.0% | 5.0% | 2015 | |
SEIER CAPITAL A/S | Company | 25.0% | 25.0% | 2011 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
SAXO BANK A/S 
INITTO A/SBoard members of SAXO BANK A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Statsaut. revisor Nis Jørn Bennetzen | Audit | 0 companies |
| Daniel Belfer | Chief Executive Officer | 0 companies |
| Victor Christoffersen | Founder | 0 companies |
| Mads Dorf Petersen | Management | 0 companies |
| Steen Blaafalk | Management | 0 companies |
| Asbjørn Christoffersen | Founder | 0 companies |
| Lars Seier Christensen | Management | 0 companies |
| Sebastian Benjamin Bahn Christoffersen | Founder | 0 companies |
| Damian James Bunce | Management | 0 companies |
| Reg. revisor Peter Bloch | Audit | 0 companies |
| Jinhong Brejnholt | Deputy | 0 companies |
| Daniel Belfer | Chief Executive Officer | 0 companies |
| John Carmichael | Management | 0 companies |
| Julio Cesar Carloto | Management | 0 companies |
| Per Ole Premer | Audit | 0 companies |
| Julio Cesar Carloto | Management | 0 companies |
| Amit Pal Singh | Deputy | 0 companies |
| Henrik Juel Villberg | Management | 0 companies |
| Søren Kyhl | Management | 0 companies |
| Mette Ingeman Pedersen | Management | 0 companies |
| Benny Boye Johansen | Deputy | 0 companies |
| Statsaut. revisor Henrik Høybye | Audit | 0 companies |
| Karl Ivar Peterson | Board of Directors | 0 companies |
| Yifan Zhang | Board of Directors | 0 companies |
| Ernst Henrik Hviid Klæbel | Board of Directors | 0 companies |
| Wikawi Oei | Board of Directors | 0 companies |
| Peter Lerbrandt | Deputy Chairman | 0 companies |
| Graham Anderson Perske | Board of Directors | 0 companies |
| Preben Damgaard Nielsen | Board of Directors | 0 companies |
| Luiz Fernando Castello Branco Cordeiro | Board of Directors | 0 companies |
| Teddy Kær Jacobsen | Board of Directors | 0 companies |
| Quan Zhang | Board of Directors | 0 companies |
| Isabel Maria Ferreira Possantes Rodriques Cascao | Board of Directors | 0 companies |
| Jonathan Craig Korngold | Board of Directors | 0 companies |
| Eldert Duin | Board of Directors | 0 companies |
| Kurt Kokhauge Larsen | Board of Directors | 0 companies |
| Stephane Emilie Astruc | Board of Directors | 0 companies |
| Sarah Eddy McPhee | Deputy Chairman | 0 companies |
| Asiff Hirji | Chairman | 0 companies |
| Henrik Michael Normann | Board of Directors | 0 companies |
| Dionysios Nicolaos Malamatinas | Chairman | 0 companies |
| Minzhongxia Ding | Board of Directors | 0 companies |
| Kim Fournais | Chairman | 0 companies |
| Ida Florence Kassa Johannesen | Board of Directors | 0 companies |
| Marcelo Szerman | Deputy Chairman | 0 companies |
| John Korsø Jensen | Board of Directors | 0 companies |
| Kari Henrik Stadigh | Chairman | 0 companies |
| Salomon Elle Sebban | Board of Directors | 0 companies |
| Henrik Andersen | Board of Directors | 0 companies |
| Jacob Polny | Board of Directors | 0 companies |
| Folmer Erik Reindel | Board of Directors | 0 companies |
| Jens Fournais | Board of Directors | 0 companies |
| Donghui Li | Chairman | 0 companies |
| Florian Wendelstadt | Deputy Chairman | 0 companies |
| Yi Ian Zhang | Board of Directors | 0 companies |
| Anna Christina Brun-Falkencrone | Board of Directors | 0 companies |
| Henning Skovlund Pedersen | Board of Directors | 0 companies |
| Klaus Günter Grunert | Board of Directors | 0 companies |
| Jesper Thorlund Nielsen | Board of Directors | 0 companies |
| Xia Li | Board of Directors | 0 companies |
| Eva Marika Fredriksson | Board of Directors | 0 companies |
| Lone Fønss Schrøder | Chairman | 0 companies |
| Julian Michael Simmonds | Board of Directors | 0 companies |
| Henrik Thufason | Chairman | 0 companies |
| Laurent Pascal J. Schyns | Board of Directors | 0 companies |
| Thomas Stig Plenborg | Board of Directors | 0 companies |
| John Patrick Sture Lapveteläinen | Board of Directors | 0 companies |