Riskpilot← Back to searchSign inGet full accessFRONTREAD ApS
APSActiveCVR 25663497Åbogade 15Computer programming activities · NACE 6210Est. 20138 employees
Revenue 2024
DKK 1,1M
-40% vs 2023
EBITDA margin
-211.2%
-35% vs 2023
Equity ratio
-529.3%
Financial strength
Net profit 2024
DKK -3,5M
-22% vs 2023
| Revenue | DKK 1,1M | -40% |
| EBITDA | DKK -2,3M | -35% |
| Net profit | DKK -3,5M | -22% |
| Total assets | DKK 2,3M | -24% |
| Equity | DKK -12,2M | -40% |
| Employees | 8 | — |
Legal name
FRONTREAD ApS
CVR number
25663497
Legal form
Anpartsselskab
NACE code
6210 · Computer programming activities
Founded
11. december 2013
Share capital
DKK 288.870
Employees
8 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktøren i forening med to bestyrelsesmedlemmer eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at drive virksomhed med salg og udvikling af e-læringsløsninger og dertil relaterede virksomhed, herunder undervisning.
Address
Åbogade 15
Phone
+4526821500
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | -867 | -517 | 489 | 1.559 | 1.981 | 2.455 | 2.320 | 1.887 | 2.135 | 1.786 | 1.067 |
| Staff expenses | -274 | -870 | -1.558 | -2.712 | -3.156 | -1.831 | -2.301 | -2.791 | -2.952 | -3.455 | -3.321 |
| EBITDA | -1.141 | -1.386 | -1.069 | -1.153 | -1.175 | 624 | 18 | -904 | -817 | -1.669 | -2.254 |
| Depreciation & amort. | -129 | -448 | -568 | -572 | -572 | -533 | -520 | -400 | -405 | -312 | -312 |
| EBIT | -1.270 | -1.835 | -1.637 | -1.725 | -1.747 | 92 | -502 | -1.305 | -1.223 | -1.981 | -2.566 |
| Net financials | -336 | -455 | -166 | -364 | -413 | -420 | -421 | -1.694 | -609 | -913 | -956 |
| Profit before tax | -1.606 | -2.289 | -1.803 | -2.089 | -2.160 | -329 | -924 | -2.998 | -1.832 | -2.894 | -3.522 |
| Tax | -463 | -538 | 62 | -459 | -401 | -57 | 4 | 150 | -0 | -0 | -0 |
| Net profit | -1.143 | -1.752 | -1.865 | -1.630 | -1.759 | -271 | -928 | -3.149 | -1.832 | -2.894 | -3.522 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 4.346 | 4.278 | 3.689 | 5.029 | 5.089 | 4.545 | 4.334 | 3.020 | 2.918 | 3.059 | 2.310 |
| Equity | -1.063 | -2.815 | 58 | -2.194 | -3.501 | -3.773 | -4.701 | -7.849 | -9.681 | -8.706 | -12.228 |
| Long-term debt | 3.925 | 4.518 | 2.250 | 3.886 | 3.259 | 3.297 | 3.209 | 3.646 | 7.734 | 8.054 | 12.216 |
| Short-term debt | 920 | 2.012 | 756 | 3.171 | 5.278 | 5.021 | 5.826 | 7.223 | 4.865 | 3.712 | 2.322 |
| Total debt | 4.845 | 6.530 | 3.006 | 7.056 | 8.537 | 8.318 | 9.035 | 10.869 | 12.599 | 11.766 | 14.538 |
EBITDA margin
-211.2%
This company
15.8%
Market median
-1437% vs market
20142024
Equity ratio
-529.3%
This company
38.2%
Market median
-1486% vs market
20142024
Return on equity
-352159700.0%
This company
18.4%
Market median
-1913911513% vs market
20142024
Net profit margin
-330.0%
This company
8.1%
Market median
-4174% vs market
20142024
Asset turnover
0.46×
This company
1.12×
Market median
-59% vs market
20142024
Debt / equity
1.19×
This company
0.62×
Market median
-92% vs market
20142024
- 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
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2013-12-11 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MB Founder | Founder | 2013 | — | — |
GN Management | Management | 2024 | — | — |
KA Management | Management | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2013 | — | — | |
| Board of Directors | 2015 | — | — | |
| Board of Directors | 2020 | — | — | |
| Chairman | 2015 | — | — | |
| Board of Directors | 2016 | — | — | |
| Chairman | 2016 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2016 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Learning Solutions ApS | Company | 100.0% | 100.0% | 2021 |
FRONTREAD ApS | Company | 5.0% | 5.0% | 2017 |
M.B.R. Holding ApS | Company | 10.0% | 10.0% | 2018 |
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LSP RESOLVE ApS
FRONTREAD ApS Board members of FRONTREAD ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Merete Blaabjerg Riedel | Founder | 0 companies |
| Gitte Nørgaard | Management | 0 companies |
| Kim Aksel Høgskilde | Management | 0 companies |
| Claus Krogh Riekehr Møller | Chairman | 0 companies |
| Thomas Juel | Board of Directors | 0 companies |
| Torben Jørgensen | Board of Directors | 0 companies |
| Jens Sejer Sørensen | Chairman | 0 companies |
| Klaus Duelund | Board of Directors | 0 companies |
| Jens Loff | Chairman | 0 companies |
| Lars Steen Pedersen | Board of Directors | 0 companies |
| Anette Nielsen Kusk | Board of Directors | 0 companies |