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Frontier Innovation ApS
APS
Dissolved
CVR 40696717
Amaliegade 8
Research and experimental development on natural sciences and engineering · NACE 7210
Est. 2019
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
DKK -1,9M
-19% vs 2022
EBITDA margin
100.0%
+19% vs 2022
Equity ratio
73.2%
Financial strength
Net profit 2023
DKK -1,8M
+7% vs 2022
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
0M
2020
-1M
-100%
2021
-2M
-100%
2022
-2M
0%
2023
Key figures
Annual report 2023
Revenue
DKK -1,9M
-19%
EBITDA
DKK -1,9M
+19%
Net profit
DKK -1,8M
+7%
Total assets
DKK 6M
-9%
Equity
DKK 4,4M
+10%
Employees
—
—
Company information
Legal name
Frontier Innovation ApS
CVR number
40696717
Legal form
Anpartsselskab
NACE code
7210 · Research and experimental development on natural sciences and engineering
Founded
31. juli 2019
Share capital
DKK 43.493
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør.
Contact
Address
Amaliegade 8
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Research and experimental development on natural sciences and engineering
Companies in København
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2020
-1M
2021
-2M
2022
-2M
2023
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2020
-1M
2021
-2M
2022
-2M
2023
Income statement
DKK thousands
Item
2020
2021
2022
2023
Revenue
0
-702
-2.350
-1.907
Staff expenses
-0
-0
-0
-0
EBITDA
-96
-702
-2.350
-1.907
Depreciation & amort.
-0
-570
-570
-570
EBIT
-96
-1.273
-2.920
-2.477
Net financials
-18
-8
1
94
Profit before tax
-115
-1.281
-2.918
-2.384
Tax
-18
-282
-943
-539
Net profit
-96
-999
-1.975
-1.844
Balance sheet
DKK thousands
Item
2020
2021
2022
2023
Total assets
3.692
3.404
6.574
6.003
Equity
3.632
2.633
4.005
4.394
Long-term debt
0
0
0
0
Short-term debt
60
771
2.193
1.358
Total debt
60
771
2.193
1.358
Financial ratios
5-year trend
EBITDA margin
-190699300.0%
This company
15.8%
Market median
-1206957695% vs market
2020
2023
Equity ratio
73.2%
This company
38.2%
Market median
+92% vs market
2020
2023
Return on equity
-42.0%
This company
18.4%
Market median
-328% vs market
2020
2023
Net profit margin
-184439600.0%
This company
8.1%
Market median
-2277032199% vs market
2020
2023
Asset turnover
-0.32×
This company
1.12×
Market median
-129% vs market
2020
2023
Debt / equity
0.37×
This company
0.62×
Market median
+40% vs market
2020
2023
Annual reports & filings
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-07-31 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
AH
Anders Holm
Management
Management
2020
—
—
CK
Camilla Kruse
Management
Management
2019
—
—
MT
Mark Terrell Sutton
Management
Management
2023
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
HEMPEL INVEST A/S
Company
100.0%
100.0%
2019
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Frontier Innovation ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Anders Holm
Management
0 companies
Camilla Kruse
Management
0 companies
Mark Terrell Sutton
Management
0 companies