Riskpilot← Back to searchSign inGet full accessETIKOS ApS
APSActiveCVR 29912734Skæringvej 88, st.Business and other management consultancy activities · NACE 7020Est. 20064 employees
Revenue 2025
DKK 2,1M
-9% vs 2024
EBITDA margin
24.5%
-43% vs 2024
Equity ratio
36.2%
Financial strength
Net profit 2025
DKK 375K
-46% vs 2024
| Revenue | DKK 2,1M | -9% |
| EBITDA | DKK 514K | -43% |
| Net profit | DKK 375K | -46% |
| Total assets | DKK 2,8M | +18% |
| Equity | DKK 999K | -11% |
| Employees | 4 | — |
Legal name
ETIKOS ApS
CVR number
29912734
Legal form
Anpartsselskab
NACE code
7020 · Business and other management consultancy activities
Founded
15. september 2006
Share capital
DKK 126.000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør alene.
Company purpose
Selskabets formål er kursus- og konsulentvirksomhed samt al virksomhed, som efter bestyrelsens skøn er beslægtet hermed.
Address
Skæringvej 88, st.
Phone
+4528976999
Email
busk@etikos.dk
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.608 | 4.153 | 3.860 | 3.743 | 3.517 | 2.747 | 3.347 | 2.662 | 2.080 | 2.729 | 2.510 | 2.299 | 2.307 | 2.092 |
| Staff expenses | -2.131 | -3.757 | -3.553 | -3.831 | -3.216 | -2.383 | -2.693 | -2.508 | -2.666 | -2.355 | -2.046 | -1.402 | -1.344 | -1.578 |
| EBITDA | -27 | 396 | 307 | -88 | 301 | 364 | 654 | 153 | -586 | 374 | 464 | 879 | 907 | 514 |
| Depreciation & amort. | -30 | -51 | -82 | -176 | -203 | -164 | -65 | -26 | -19 | -20 | -14 | -0 | -0 | -0 |
| EBIT | -57 | 345 | 224 | -264 | 98 | 200 | 588 | 128 | -604 | 354 | 450 | 879 | 907 | 514 |
| Net financials | -4 | 7 | 10 | 6 | 0 | 6 | 10 | 7 | 5 | 2 | 2 | 1 | -19 | -31 |
| Profit before tax | -60 | 352 | 234 | -258 | 98 | 206 | 598 | 134 | -600 | 356 | 453 | 880 | 888 | 483 |
| Tax | -11 | 87 | 58 | -53 | 25 | 46 | 133 | 33 | -132 | 79 | 100 | 195 | 196 | 108 |
| Net profit | -49 | 264 | 176 | -205 | 74 | 160 | 465 | 101 | -468 | 277 | 352 | 686 | 692 | 375 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 2.011 | 2.414 | 2.372 | 1.427 | 1.914 | 2.190 | 1.938 | 2.054 | 1.894 | 1.894 | 1.868 | 2.112 | 2.338 | 2.761 |
| Equity | 299 | 564 | 740 | 385 | 459 | 619 | 883 | 785 | 317 | 594 | 746 | 732 | 1.124 | 999 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102 | 219 | 219 | 219 | 219 | 238 | 274 |
| Short-term debt | 1.712 | 1.840 | 1.610 | 1.042 | 1.455 | 1.571 | 1.054 | 1.168 | 1.359 | 1.082 | 903 | 1.161 | 976 | 1.488 |
| Total debt | 1.712 | 1.840 | 1.610 | 1.042 | 1.455 | 1.571 | 1.054 | 1.270 | 1.577 | 1.300 | 1.122 | 1.380 | 1.214 | 1.762 |
EBITDA margin
24.5%
This company
15.8%
Market median
+55% vs market
20122025
Equity ratio
36.2%
This company
38.2%
Market median
+5% vs market
20122025
Return on equity
37.5%
This company
18.4%
Market median
+104% vs market
20122025
Net profit margin
17.9%
This company
8.1%
Market median
+121% vs market
20122025
Asset turnover
0.76×
This company
1.12×
Market median
-32% vs market
20122025
Debt / equity
1.76×
This company
0.62×
Market median
-184% vs market
20122025
- 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 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 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
CM Founder | Founder | 2006 | — | — |
LF Management | Management | 2023 | — | — |
KV Founder | Founder | 2006 | — | — |
AB Management | Management | 2009 | — | — |
LR Founder | Founder | 2006 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Lene Frølund Thomsen Holding ApS | Company | 100.0% | 100.0% | 2023 |
C.BUSK HOLDING ApS | Company | 100.0% | 100.0% | 2012 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Lene Frølund Thomsen Holding ApS
ETIKOS ApS Board members of ETIKOS ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Christina Millgaard Busk | Founder | 0 companies |
| Lene Frølund Thomsen | Management | 0 companies |
| Kresten Vilhelm Schulin | Founder | 0 companies |
| Anne Benedicte Schulin | Management | 0 companies |
| Liza Riis Lange | Founder | 0 companies |
| Morten Andreas Braae Diederich | Board of Directors | 0 companies |
| Anne Schou Andersen | Board of Directors | 0 companies |