Riskpilot← Back to searchSign inGet full accessBullWall Group A/S
A/SActiveCVR 37800171Bredgade 33C, 1.Other software publishing · NACE 5829Est. 20162 employees
Revenue 2025
DKK 17M
-1% vs 2024
EBITDA margin
83.3%
-2% vs 2024
Equity ratio
35.3%
Financial strength
Net profit 2025
DKK 6,6M
-39% vs 2024
| Revenue | DKK 17M | -1% |
| EBITDA | DKK 14,2M | -2% |
| Net profit | DKK 6,6M | -39% |
| Total assets | DKK 57M | +8% |
| Equity | DKK 20,1M | -2% |
| Employees | 2 | — |
Legal name
BullWall Group A/S
CVR number
37800171
Legal form
Aktieselskab
NACE code
5829 · Other software publishing
Founded
10. juni 2016
Share capital
DKK 1.000.000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-06-30
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør i forening med bestyrelsens formand, eller af en direktør i forening med bestyrelsens næstformand, eller af to bestyrelsens medlemmer i forening, eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at udvikle og sælge sikkerhedssoftware inden for cyberkriminalitet samt hermed beslægtet virksomhed.
Address
Bredgade 33C, 1.
Phone
+4538401401
Email
info@bullwall.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 12.140 | 17.686 | 15.478 | 17.144 | 17.010 |
| Staff expenses | -2.473 | -2.339 | -1.314 | -2.705 | -2.846 |
| EBITDA | 9.668 | 15.347 | 14.164 | 14.438 | 14.164 |
| Depreciation & amort. | -1.083 | -1.371 | -1.226 | -1.234 | -1.371 |
| EBIT | 8.585 | 13.975 | 12.938 | 13.204 | 12.793 |
| Net financials | 8.117 | 17.522 | 8.486 | 456 | -3.511 |
| Profit before tax | 16.702 | 31.497 | 21.424 | 13.660 | 9.282 |
| Tax | 1.797 | 3.036 | 3.002 | 2.942 | 2.703 |
| Net profit | 14.905 | 28.462 | 18.422 | 10.718 | 6.579 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 26.321 | 31.541 | 35.007 | 52.871 | 56.982 |
| Equity | 23.576 | 23.924 | 23.050 | 20.576 | 20.142 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 2.003 | 6.974 | 5.234 | 31.479 | 36.076 |
| Total debt | 2.003 | 6.974 | 5.234 | 31.479 | 36.076 |
EBITDA margin
83.3%
This company
15.8%
Market median
+427% vs market
20212025
Equity ratio
35.3%
This company
38.2%
Market median
+8% vs market
20212025
Return on equity
32.7%
This company
18.4%
Market median
+78% vs market
20212025
Net profit margin
38.7%
This company
8.1%
Market median
+378% vs market
20212025
Asset turnover
0.30×
This company
1.12×
Market median
-73% vs market
20212025
Debt / equity
1.83×
This company
0.62×
Market median
-195% vs market
20212025
- Annual report 2025Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
- Annual report 2024Filed via CVR / Virk · Period 2023-07-01 – 2024-06-30
- Annual report 2023Filed via CVR / Virk · Period 2022-07-01 – 2023-06-30
- Annual report 2022Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
- Annual report 2021Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
SS Management | Management | 2025 |
FM Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (3) | ||
MG Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
SM Chief Executive Officer | Chief Executive Officer | 2024 – 2024 |
BG Management | Management | 2022 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Chairman | 2024 | |
| Board of Directors | 2024 | |
| Deputy Chairman | 2024 | |
| Board of Directors | 2025 | |
| Former (6) | ||
| Board of Directors | 2020 – 2022 | |
| Board of Directors | 2020 – 2022 | |
| Chairman | 2017 – 2020 | |
| Board of Directors | 2017 – 2022 | |
| Chairman | 2020 – 2022 | |
| Board of Directors | 2017 – 2020 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 | |
| Company | 50–66.65% | 50–66.65% | 2016 | |
| Individual | 20–24.99% | 20–24.99% | 2017 | |
| Company | 100% | 100% | 2018 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
AX VI INV7 Holding II ApSAX VI INV7 Holding I ApSBullWall Holding ApS
BullWall Group A/S (this company)Board members of BullWall Group A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Gammelgård | Chief Executive Officer | 0 companies |
| Stefan Skov | Management | 0 companies |
| Frederik Martin Braun | Chief Executive Officer | 0 companies |
| Steen Michelsen Lomholt-Thomsen | Chief Executive Officer | 0 companies |
| Bo Gordon Vallentin | Management | 0 companies |
| Frank Stensballe Vium | Chairman | 0 companies |
| Michael Slipsager | Board of Directors | 0 companies |
| Søren Elmelund Johansen From | Board of Directors | 0 companies |
| Hans Christian Pape | Board of Directors | 0 companies |
| Jan Leon Lovmand | Chairman | 0 companies |
| Christian Bamberger Bro | Deputy Chairman | 0 companies |
| Ketil Årdal | Board of Directors | 0 companies |
| Troels Ørting Jørgensen | Chairman | 0 companies |
| Christoffer Arthur Müller | Board of Directors | 0 companies |
| Niels Holch Povlsen | Board of Directors | 0 companies |