Riskpilot← Back to searchSign inGet full accessFrontline Innovation ApS
APSActiveCVR 37543586Industrivej 15Engineering activities and related technical consultancy · NACE 7112Est. 20162 employeeswww.frontline-innovation.com
Revenue 2024
DKK 1,1M
-267% vs 2023
EBITDA margin
16.7%
+113% vs 2023
Equity ratio
-145.5%
Financial strength
Net profit 2024
DKK 30K
+102% vs 2023
| Revenue | DKK 1,1M | -267% |
| EBITDA | DKK 189K | +113% |
| Net profit | DKK 30K | +102% |
| Total assets | DKK 1,9M | -31% |
| Equity | DKK -2,8M | +1% |
| Employees | 2 | — |
Legal name
Frontline Innovation ApS
CVR number
37543586
Legal form
Anpartsselskab
NACE code
7112 · Engineering activities and related technical consultancy
Founded
15. marts 2016
Share capital
DKK 40.000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør
Company purpose
Selskabets formål er at drive virksomhed med Rådgivning vedrørende og udførelse af produktudvikling og hermed forbundet virksomhed.
Address
Industrivej 15
Website
www.frontline-innovation.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 599 | 913 | 1.081 | 1.495 | 415 | 774 | -104 | -681 | 1.137 |
| Staff expenses | -540 | -944 | -1.045 | -1.437 | -774 | -721 | -849 | -771 | -947 |
| EBITDA | 60 | -31 | 36 | 58 | -359 | 53 | -953 | -1.452 | 189 |
| Depreciation & amort. | -0 | -0 | -16 | -32 | -42 | -47 | -61 | -81 | -83 |
| EBIT | 60 | -31 | 20 | 26 | -401 | 6 | -1.013 | -1.533 | 106 |
| Net financials | -1 | -4 | -15 | -40 | -51 | -7 | 113 | 25 | -76 |
| Profit before tax | 59 | -35 | 5 | -14 | -452 | -1 | -901 | -1.508 | 30 |
| Tax | 13 | -7 | 1 | -3 | 12 | -111 | -0 | 111 | -0 |
| Net profit | 46 | -28 | 4 | -12 | -464 | 110 | -901 | -1.619 | 30 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 171 | 141 | 441 | 1.433 | 535 | 1.307 | 758 | 2.783 | 1.920 |
| Equity | 47 | 19 | 23 | 11 | -453 | -304 | -1.205 | -2.823 | -2.794 |
| Long-term debt | 0 | 0 | 0 | 5 | 15 | 15 | 0 | 406 | 450 |
| Short-term debt | 124 | 122 | 418 | 1.417 | 973 | 1.597 | 1.962 | 5.201 | 4.264 |
| Total debt | 124 | 122 | 418 | 1.423 | 988 | 1.611 | 1.962 | 5.606 | 4.714 |
EBITDA margin
16.7%
This company
15.8%
Market median
+6% vs market
20162024
Equity ratio
-145.5%
This company
38.2%
Market median
-481% vs market
20162024
Return on equity
2976300.0%
This company
18.4%
Market median
+16175443% vs market
20162024
Net profit margin
2.6%
This company
8.1%
Market median
-68% vs market
20162024
Asset turnover
0.59×
This company
1.12×
Market median
-47% vs market
20162024
Debt / equity
1.69×
This company
0.62×
Market median
-173% vs market
20162024
- 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 2016-03-15 – 2016-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
LA Management | Management | 2026 | — | — |
TK Founder | Founder | 2016 | — | — |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
ARMSTRONG HOLDING ApS | Company | 100.0% | 100.0% | 2026 |
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ARMSTRONG HOLDING ApS
Frontline Innovation ApS Board members of Frontline Innovation ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Andersen Hansen | Management | 0 companies |
| Tomas Kiré Hørdum | Founder | 0 companies |