L 
9.26
+1.76%
Close of 9 Nov 2026, in SEK
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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.
Revenue
DKK 39.1m
FY2018FY2025
Net income
−DKK 10.1m
FY2018FY2025
Free cash flow
−DKK 4.1m
FY2018FY2025
Shareholders' equity
−DKK 28.5m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | DKK 39.1m | DKK 40.1m | DKK 26.9m | DKK 18.3m | DKK 14.5m | DKK 4.6m | DKK 4.4m | −DKK 2.4m |
| Gross profit | DKK 40.3m | DKK 41.4m | DKK 27.7m | DKK 18.6m | DKK 16.4m | — | — | — |
| Operating income | −DKK 7.4m | −DKK 6.5m | −DKK 16.3m | −DKK 17.6m | −DKK 6.7m | −DKK 949,400 | DKK 256,200 | −DKK 6.0m |
| Net income | −DKK 10.1m | −DKK 8.7m | −DKK 17.3m | −DKK 18.5m | −DKK 9.8m | −DKK 1.1m | DKK 354,500 | −DKK 5.6m |
| Diluted earnings per share | -1.06 | -0.91 | -1.82 | -1.95 | -1.03 | -0.12 | 0.04 | -0.58 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | DKK 18.7m | DKK 19.0m | DKK 22.2m | DKK 22.0m | DKK 41.2m | DKK 18.7m | DKK 16.5m | DKK 14.5m |
| Cash and short-term investments | DKK 4.0m | DKK 1.8m | DKK 7.3m | DKK 6.3m | DKK 26.6m | DKK 5.5m | DKK 5.4m | DKK 5.9m |
| Total liabilities | DKK 47.1m | DKK 37.3m | DKK 31.9m | DKK 14.4m | DKK 15.7m | DKK 17.3m | DKK 14.0m | DKK 12.3m |
| Debt | DKK 27.1m | DKK 18.6m | DKK 18.2m | DKK 8.3m | DKK 9.5m | DKK 11.7m | DKK 11.0m | DKK 10.1m |
| Shareholders' equity | −DKK 28.5m | −DKK 18.3m | −DKK 9.7m | DKK 7.7m | DKK 25.5m | DKK 1.4m | DKK 2.6m | DKK 2.2m |
| Shares outstanding | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −DKK 2.9m | −DKK 3.2m | −DKK 7.4m | −DKK 17.2m | −DKK 7.4m | DKK 3.1m | — | — |
| Capital spending | −DKK 1.2m | −DKK 1.3m | −DKK 953,600 | −DKK 462,800 | −DKK 1.9m | −DKK 3.9m | — | — |
| Free cash flow | −DKK 4.1m | −DKK 4.5m | −DKK 8.4m | −DKK 17.7m | −DKK 9.3m | −DKK 769,000 | — | — |
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | DKK 28.5m | DKK 20.9m | DKK 18.2m | DKK 20.0m | DKK 20.1m | DKK 14.8m | DKK 12.1m | DKK 9.6m |
| Gross profit | DKK 14.5m | DKK 21.5m | DKK 10.2m | DKK 20.7m | DKK 10.9m | DKK 6.9m | DKK 5.7m | DKK 10.0m |
| Operating income | DKK 2.0m | −DKK 3.2m | −DKK 4.3m | −DKK 3.5m | −DKK 2.9m | −DKK 8.0m | −DKK 8.3m | −DKK 10.3m |
| Net income | DKK 427,600 | −DKK 4.4m | −DKK 5.7m | −DKK 5.0m | −DKK 3.6m | −DKK 8.7m | −DKK 8.6m | −DKK 10.8m |
| Diluted earnings per share | 0.05 | -0.47 | -0.60 | -0.53 | -0.38 | -0.92 | -0.90 | -1.14 |
| Cash from operations | DKK 3.0m | — | −DKK 1.0m | −DKK 1.0m | −DKK 1.0m | −DKK 2.0m | −DKK 4.0m | −DKK 9.0m |
| Total assets | DKK 25.1m | DKK 18.7m | DKK 20.0m | DKK 19.0m | DKK 24.0m | DKK 22.0m | DKK 23.1m | DKK 22.0m |
| Cash and short-term investments | DKK 6.5m | DKK 4.0m | DKK 2.9m | DKK 1.8m | DKK 4.1m | DKK 7.3m | DKK 7.3m | DKK 6.3m |
| Debt | DKK 25.1m | DKK 25.2m | DKK 17.4m | DKK 16.5m | DKK 17.0m | DKK 16.0m | DKK 12.0m | DKK 6.8m |
| Shareholders' equity | −DKK 28.1m | −DKK 28.5m | −DKK 24.0m | −DKK 18.3m | −DKK 13.0m | −DKK 9.7m | −DKK 932,700 | DKK 7.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.9% | 53.7% | — |
| Operating income | -24.9% | 51.0% | — |
| Net income | -18.3% | 54.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 103.2% | 103.0% | — | — |
| Operating margin | -17.6% | -38.4% | -38.6% | — |
| Net margin | -23.7% | -43.9% | -45.7% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -2.0 | -3.6 | -1.7 | -0.6 | -3.1 |
| Price to sales | 0.5 | 0.8 | 1.1 | 0.6 | 2.1 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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