E 
2.38
-2.06%
Close of 9 Nov 2026, in DKK
Search any instrument
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 3.8m
FY2016FY2025
Total assets
DKK 76.7m
FY2016FY2025
Shareholders' equity
DKK 19.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | — | DKK 1.5m | DKK 1.5m | DKK 1.5m | — | — | — | — | — | — |
| Operating income | −DKK 2.8m | −DKK 14.4m | −DKK 6.2m | −DKK 12.2m | −DKK 29.5m | −DKK 355,000 | DKK 80,000 | −DKK 21.4m | DKK 13.9m | DKK 23.5m |
| Net income | −DKK 3.8m | −DKK 13.9m | −DKK 8.0m | −DKK 11.7m | −DKK 28.7m | −DKK 389,000 | −DKK 272,000 | −DKK 36.7m | DKK 13.1m | DKK 23.5m |
| Diluted earnings per share | -0.12 | -0.44 | -0.27 | -0.42 | -1.09 | -0.08 | -0.07 | -9.96 | 3.23 | 6.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | DKK 76.7m | DKK 52.6m | DKK 73.2m | DKK 57.3m | DKK 39.8m | DKK 27.8m | DKK 38.2m | DKK 161.7m | DKK 342.8m | DKK 355.3m |
| Cash and short-term investments | DKK 2.6m | DKK 2.1m | DKK 13.8m | DKK 12.0m | DKK 10.9m | DKK 8.7m | DKK 8.7m | DKK 33.4m | DKK 231.4m | DKK 9.3m |
| Total liabilities | DKK 57.1m | DKK 37.4m | DKK 44.1m | DKK 45.3m | DKK 24.8m | DKK 483,000 | DKK 350,000 | DKK 86.4m | DKK 31.1m | DKK 34.5m |
| Debt | DKK 17.1m | DKK 18.2m | DKK 21.5m | DKK 23.5m | DKK 7.3m | DKK 140,000 | DKK 18,000 | DKK 85.6m | DKK 30.6m | DKK 1.3m |
| Shareholders' equity | DKK 19.6m | DKK 15.2m | DKK 29.1m | DKK 11.9m | DKK 15.0m | DKK 27.4m | DKK 37.8m | DKK 75.3m | DKK 311.6m | DKK 320.8m |
| Shares outstanding | 31m | 31m | 29m | 28m | 26m | 5m | 4m | 4m | 4m | 4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −DKK 5.3m | −DKK 4.9m | DKK 7.4m | −DKK 1.8m | −DKK 3.7m | −DKK 4.7m | −DKK 3.0m | −DKK 749,000 |
| Net income | −DKK 5.6m | −DKK 3.9m | DKK 7.4m | −DKK 1.9m | −DKK 4.2m | −DKK 5.0m | −DKK 3.1m | −DKK 937,000 |
| Diluted earnings per share | -0.17 | -0.12 | 0.24 | -0.06 | -0.13 | -0.16 | -0.10 | -0.03 |
| Total assets | DKK 68.5m | DKK 64.9m | DKK 76.7m | DKK 54.3m | DKK 55.3m | DKK 54.0m | DKK 52.6m | DKK 57.3m |
| Cash and short-term investments | DKK 2.1m | DKK 622,000 | DKK 2.6m | DKK 650,000 | DKK 1.5m | DKK 2.7m | DKK 2.1m | DKK 3.3m |
| Debt | DKK 24.7m | DKK 13.4m | DKK 15.2m | DKK 24.2m | DKK 22.4m | DKK 21.8m | DKK 17.7m | DKK 17.2m |
| Shareholders' equity | DKK 9.2m | DKK 14.9m | DKK 19.6m | DKK 4.0m | DKK 6.0m | DKK 10.1m | DKK 15.2m | DKK 18.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -4.8% | 108.2% | -8.4% |
| Operating income | -38.6% | 51.4% | — |
| Net income | -31.5% | 57.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -17.4% | -13.8% | -24.9% | 13.1% |
| Net margin | -17.8% | -14.4% | -25.2% | 9.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -39.2 | -17.6 | -59.9 | -70.7 | -10.3 | -109.8 | -128.4 | -1.0 | 4.8 | 2.3 |
| Price to sales | 2.8 | 5.3 | 4.8 | 13.5 | 97.1 | 31.6 | 0.4 | 2.5 | 8.7 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Apr 2021.
| FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.027 | 0.10 | 0.53 | 0.035 | 0.12 | 0.03 | 0.04 |
- 3-for-1 split · 29 Mar 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.