Riskpilot← Back to searchSign inGet full accessINSURANCE BUSINESS APPLICATIONS A/S
A/SActiveCVR 33361319Rued Langgaards Vej 8Computer programming activities · NACE 6210Est. 201024 employees
Revenue 2024
DKK 3,6M
+2% vs 2023
EBITDA margin
-1.2%
+52% vs 2023
Equity ratio
55.4%
Financial strength
Net profit 2024
DKK -1,4M
-3% vs 2023
| Revenue | DKK 3,6M | +2% |
| EBITDA | DKK -44K | +52% |
| Net profit | DKK -1,4M | -3% |
| Total assets | DKK 12,6M | +13% |
| Equity | DKK 7M | +29% |
| Employees | 24 | — |
Legal name
INSURANCE BUSINESS APPLICATIONS A/S
CVR number
33361319
Legal form
Aktieselskab
NACE code
6210 · Computer programming activities
Founded
8. december 2010
Share capital
DKK 947.597
Employees
24 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af den administrerende direktør i forening med et bestyrelsesmedlem
Company purpose
Selskabets formål er handel med forsikringssoftware og beslægtede aktiviteter
Address
Rued Langgaards Vej 8
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 1.185 | -1.150 | -217 | 3.550 | 3.636 |
| Staff expenses | -2.325 | -2.848 | -2.868 | -3.642 | -3.680 |
| EBITDA | -1.140 | -3.999 | -3.085 | -92 | -44 |
| Depreciation & amort. | -929 | -1.106 | -1.405 | -1.697 | -1.824 |
| EBIT | -2.069 | -5.105 | -4.490 | -1.788 | -1.867 |
| Net financials | -435 | -188 | 72 | 142 | 242 |
| Profit before tax | -2.504 | -5.293 | -4.418 | -1.647 | -1.626 |
| Tax | -266 | -372 | -339 | -293 | -237 |
| Net profit | -2.238 | -4.920 | -4.079 | -1.354 | -1.389 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 7.012 | 8.433 | 6.742 | 11.204 | 12.617 |
| Equity | -272 | 3.714 | 1.394 | 5.411 | 6.993 |
| Long-term debt | 5.593 | 3.116 | 2.831 | 1.224 | 1.192 |
| Short-term debt | 1.690 | 1.603 | 2.517 | 4.569 | 4.432 |
| Total debt | 7.283 | 4.719 | 5.348 | 5.793 | 5.624 |
EBITDA margin
-1.2%
This company
15.8%
Market median
-108% vs market
20202024
Equity ratio
55.4%
This company
38.2%
Market median
+45% vs market
20202024
Return on equity
-19.9%
This company
18.4%
Market median
-208% vs market
20202024
Net profit margin
-38.2%
This company
8.1%
Market median
-572% vs market
20202024
Asset turnover
0.29×
This company
1.12×
Market median
-74% vs market
20202024
Debt / equity
0.80×
This company
0.62×
Market median
+29% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
MB Chief Executive Officer | Chief Executive Officer | 2022 |
| Former (4) | ||
MB Chief Executive Officer | Chief Executive Officer | 2017 – 2021 |
JS Chief Executive Officer | Chief Executive Officer | 2022 – 2022 |
AE Chief Executive Officer | Chief Executive Officer | 2010 – 2017 |
MK Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2023 | |
| Chairman | 2021 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2021 | |
| Former (7) | ||
| Board of Directors | 2010 – 2013 | |
| Board of Directors | 2020 – 2021 | |
OS | Chairman | 2014 – 2017 |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2018 – 2023 | |
| Chairman | 2010 – 2013 | |
| Board of Directors | 2017 – 2020 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 50–66.65% | 50–66.65% | 2025 | |
| Company | 15–19.99% | 15–19.99% | 2023 | |
| Company | 10–14.99% | 10–14.99% | 2024 | |
| Company | 33.33–49.99% | 33.33–49.99% | 2021 | |
| Individual | 25–33.32% | 25–33.32% | 2017 | |
| Company | 5–9.99% | 5–9.99% | 2020 | |
| Company | 5–9.99% | 5–9.99% | 2020 | |
| Company | 5–9.99% | 5–9.99% | 2019 | |
| Company | 5–9.99% | 5–9.99% | 2021 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
BLADT & CO. ApS
INSURANCE BUSINESS APPLICATIONS A/S Board members of INSURANCE BUSINESS APPLICATIONS A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Bruun Steiner | Chief Executive Officer | 0 companies |
| Morten Borum | Chief Executive Officer | 0 companies |
| Jesper Slot | Chief Executive Officer | 0 companies |
| Anders Engdal | Chief Executive Officer | 0 companies |
| Michael Koehn Milland | Chief Executive Officer | 0 companies |
| Søren Degn Jahns | Board of Directors | 0 companies |
| Kim Wiencken | Board of Directors | 0 companies |
| Ole Skov | Chairman | 0 companies |
| Christian Winther | Board of Directors | 0 companies |
| Erik Balck Sørensen | Board of Directors | 0 companies |
| Rolf Henrik Bladt | Board of Directors | 0 companies |
| Niels Ulrik Mortensen | Chairman | 0 companies |
| Steen Rode | Chairman | 0 companies |
| Torben Bjerring | Board of Directors | 0 companies |
| Dennis Landbo Nielsen | Board of Directors | 0 companies |
| Bjarne Toftlund | Board of Directors | 0 companies |
| Thomas Weilby Knudsen | Board of Directors | 0 companies |