D 
4.15
0.00%
Close of 9 Nov 2026, in DKK
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in DKK, from our data supplier.
Net income
DKK 6.3m
FY2017FY2026
Free cash flow
DKK 19.8m
FY2017FY2026
Shareholders' equity
DKK 52.9m
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | — | — | — | DKK 5.6m | DKK 4,348 | DKK 2,654 | DKK 1,631 | — | — | — |
| Operating income | DKK 7.2m | DKK 8.5m | DKK 1.3m | −DKK 8.8m | −DKK 6,877 | −DKK 10,380 | DKK 4.0m | DKK 2.1m | DKK 50,390 | −DKK 5,040 |
| Net income | DKK 6.3m | DKK 6.4m | DKK 343,000 | −DKK 6.9m | −DKK 3.2m | −DKK 6.7m | DKK 2.4m | DKK 1.0m | DKK 2.6m | DKK 2.3m |
| Diluted earnings per share | 0.17 | 0.17 | 0.01 | -0.22 | -0.10 | -0.22 | 0.08 | 0.03 | 0.07 | 0.06 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | DKK 86.9m | DKK 55.4m | DKK 45.5m | DKK 39.0m | DKK 40.3m | DKK 45.2m | DKK 26.5m | DKK 16.8m | DKK 6.7m | DKK 5.3m |
| Cash and short-term investments | DKK 43.8m | DKK 16.6m | DKK 6.3m | DKK 134,000 | DKK 2.4m | DKK 15.1m | DKK 599,176 | DKK 760,958 | DKK 154,711 | DKK 71,128 |
| Total liabilities | DKK 34.0m | DKK 28.2m | DKK 24.8m | DKK 24.2m | DKK 18.6m | DKK 20.3m | DKK 18.2m | DKK 10.9m | DKK 457,581 | DKK 679,565 |
| Debt | DKK 2.8m | DKK 12.5m | DKK 13.8m | DKK 8.7m | DKK 3.7m | DKK 7.0m | DKK 6.6m | DKK 1.1m | — | — |
| Shareholders' equity | DKK 52.9m | DKK 27.2m | DKK 20.7m | DKK 14.8m | DKK 21.7m | DKK 24.9m | DKK 8.3m | DKK 5.8m | DKK 6.3m | DKK 4.6m |
| Shares outstanding | 37m | 37m | 34m | 31m | 31m | 31m | 30m | 30m | 37m | 37m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | DKK 20.3m | DKK 19.7m | DKK 13.7m | DKK 2.8m | DKK 476,000 | −DKK 4.7m | DKK 2.1m | DKK 2.7m | — | — |
| Capital spending | −DKK 480,000 | −DKK 9.2m | −DKK 7.6m | −DKK 10.2m | −DKK 9.7m | −DKK 8.2m | −DKK 7.2m | −DKK 3.1m | — | — |
| Free cash flow | DKK 19.8m | DKK 10.5m | DKK 6.1m | −DKK 7.3m | −DKK 9.2m | −DKK 12.9m | −DKK 5.1m | −DKK 329,745 | — | — |
| Dividends paid | — | — | — | — | — | — | — | −DKK 1.5m | — | — |
Latest quarters
By quarter end
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −DKK 2.2m | DKK 1.2m | DKK 6.5m | −DKK 1.1m | DKK 576,000 | DKK 1.9m | DKK 4.2m | DKK 1.4m |
| Net income | −DKK 1.5m | DKK 1.3m | DKK 5.5m | −DKK 933,000 | DKK 476,000 | DKK 1.5m | DKK 3.3m | DKK 1.0m |
| Diluted earnings per share | -0.04 | 0.03 | 0.15 | -0.03 | 0.01 | 0.04 | 0.09 | 0.03 |
| Cash from operations | −DKK 10.0m | DKK 27.0m | −DKK 1.0m | −DKK 3.0m | −DKK 2.0m | DKK 2.0m | DKK 20.0m | −DKK 2.0m |
| Capital spending | −DKK 1.0m | — | −DKK 2.0m | −DKK 2.0m | −DKK 2.0m | −DKK 3.0m | −DKK 1.0m | −DKK 2.0m |
| Free cash flow | −DKK 11.0m | — | −DKK 3.0m | −DKK 5.0m | −DKK 4.0m | −DKK 1.0m | DKK 19.0m | −DKK 4.0m |
| Total assets | DKK 73.5m | DKK 86.9m | DKK 88.9m | DKK 62.1m | DKK 47.8m | DKK 55.4m | DKK 58.0m | DKK 38.2m |
| Cash and short-term investments | DKK 32.3m | DKK 43.8m | DKK 20.5m | DKK 24.4m | DKK 12.5m | DKK 16.6m | DKK 17.7m | DKK 218,000 |
| Debt | DKK 2.8m | DKK 2.8m | DKK 2.9m | DKK 5.0m | DKK 8.7m | DKK 12.5m | DKK 3.1m | DKK 4.6m |
| Shareholders' equity | DKK 51.7m | DKK 52.9m | DKK 50.9m | DKK 45.5m | DKK 28.3m | DKK 27.2m | DKK 25.8m | DKK 22.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 30.5% | 25.9% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 25.1 | 33.0 | — | -9.2 | -16.5 | -24.6 | 137.8 |
| Price to sales | 3.3 | 4.8 | 6.3 | 3.0 | 2.5 | 11.0 | 11.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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