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Formalize ApS
APS
Active
CVR 42045136
Kannikegade 4, 8000
Aarhus C
Computer programming activities
·
NACE 6210
Est. 2021 · 5 years old
129 employees
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Formalize ApS
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
0M
6M
12M
17M
23M
-2M
2021
-2M
2022
-11M
2023
7M
2024
20M
2025
EBITDA
DKK millions
0M
-14M
-28M
-41M
-55M
-3M
2021
-7M
-133%
2022
-29M
-314%
2023
-36M
-24%
2024
-44M
-22%
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Gross profit
-1.767
-1.599
-10.868
7.131
20.426
Staff expenses
-1.152
-5.011
-18.162
-43.004
-64.186
EBITDA
-2.919
-6.610
-29.030
-35.874
-43.760
Depreciation & amort.
-0
-0
-550
-1.014
-2.272
EBIT
-2.919
-6.610
-29.580
-36.887
-46.032
Net financials
-8
-32
-877
4
-1.357
Profit before tax
-2.927
-6.642
-30.457
-36.884
-47.389
Tax
-367
-373
-0
-0
379
Net profit
-2.560
-6.268
-30.457
-36.884
-47.767
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
2.735
16.578
24.859
108.344
167.221
Equity
485
10.548
-16.750
55.529
96.721
Long-term debt
0
1.613
13.896
12.612
14.217
Short-term debt
2.250
4.418
27.712
40.203
56.282
Total debt
2.250
6.030
41.609
52.815
70.500
Financial ratios
5-year trend
EBITDA margin (of gross profit)
-214.2%
This company
2021
2025
Equity ratio
57.8%
This company
38.2%
Market median
+51% vs market
2021
2025
Return on equity
-49.4%
This company
18.4%
Market median
-368% vs market
2021
2025
Net profit margin (of gross profit)
-233.9%
This company
2021
2025
Asset turnover (of gross profit)
0.12×
This company
2021
2025
Debt / equity
0.73×
This company
0.62×
Market median
+18% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
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 2021-01-21 – 2021-12-31
View
PDF
More on Formalize ApS
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Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
