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Merit Democracy ApS
APS
Active
CVR 44477408
Rebslagervej 17, 4. th
Business and other management consultancy activities · NACE 7020
Est. 2023
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 74K
EBITDA margin
-113.6%
Equity ratio
-446.4%
Financial strength
Net profit 2024
DKK -85K
1 employees
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
0M
2024
Key figures
Annual report 2024
Revenue
DKK 74K
—
EBITDA
DKK -84K
—
Net profit
DKK -85K
—
Total assets
DKK 10K
—
Equity
DKK -45K
—
Employees
1
—
Company information
Legal name
Merit Democracy ApS
CVR number
44477408
Legal form
Anpartsselskab
NACE code
7020 · Business and other management consultancy activities
Founded
4. december 2023
Share capital
DKK 40.000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den administrerende direktør alene.
Company purpose
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning til dette.
Contact
Address
Rebslagervej 17, 4. th
Phone
+4526372996
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 Business and other management consultancy activities
Companies in København
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2024
Income statement
DKK thousands
Item
2024
Revenue
74
Staff expenses
-153
EBITDA
-84
Depreciation & amort.
-0
EBIT
-84
Net financials
-0
Profit before tax
-85
Tax
-0
Net profit
-85
Balance sheet
DKK thousands
Item
2024
Total assets
10
Equity
-45
Long-term debt
0
Short-term debt
55
Total debt
55
Financial ratios
5-year trend
EBITDA margin
-113.6%
This company
15.8%
Market median
-819% vs market
2024
2024
Equity ratio
-446.4%
This company
38.2%
Market median
-1269% vs market
2024
2024
Return on equity
-8481900.0%
This company
18.4%
Market median
-46097383% vs market
2024
2024
Net profit margin
-114.1%
This company
8.1%
Market median
-1509% vs market
2024
2024
Asset turnover
7.40×
This company
1.12×
Market median
+561% vs market
2024
2024
Debt / equity
1.22×
This company
0.62×
Market median
-97% vs market
2024
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2023-12-04 – 2024-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
EO
Erdem Ovacik
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Badem ApS
Company
100.0%
100.0%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Badem ApS
Merit Democracy ApS
(this company)
Board network connections
Board members of Merit Democracy ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Erdem Ovacik
Chief Executive Officer
0 companies