W 
650.00
-1.52%
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.
Revenue
DKK 268.6m
FY2018FY2025
Net income
DKK 869,196
FY2018FY2025
Free cash flow
DKK 26.9m
FY2018FY2025
Shareholders' equity
DKK 32.5m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | DKK 268.6m | DKK 294.5m | DKK 238.0m | DKK 241.4m | DKK 211.4m | DKK 189.5m | DKK 201.6m | DKK 196.7m |
| Research and development | DKK 3.1m | DKK 3.1m | DKK 3.5m | DKK 3.5m | DKK 2.2m | DKK 1.8m | — | — |
| Operating income | DKK 8.3m | DKK 17.6m | −DKK 1.3m | DKK 3.3m | DKK 645,485 | DKK 2.0m | DKK 5.0m | DKK 4.8m |
| Net income | DKK 869,196 | DKK 10.6m | −DKK 11.1m | −DKK 2.0m | −DKK 1.9m | −DKK 583 | DKK 407,805 | DKK 1.4m |
| Diluted earnings per share | 0.58 | 73.06 | -76.34 | -13.51 | -13.42 | -0.00 | 2.83 | 9.97 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | DKK 141.9m | DKK 151.1m | DKK 149.0m | DKK 121.6m | DKK 147.2m | DKK 93.5m | DKK 101.8m | DKK 108.4m |
| Cash and short-term investments | DKK 4.0m | DKK 3.4m | DKK 2.5m | DKK 3.0m | DKK 4.6m | DKK 17.1m | DKK 12.8m | DKK 22.0m |
| Total liabilities | DKK 109.4m | DKK 114.5m | DKK 123.1m | DKK 87.2m | DKK 113.1m | DKK 59.5m | DKK 90.1m | DKK 97.4m |
| Debt | DKK 66.6m | DKK 75.4m | DKK 67.2m | DKK 71.2m | DKK 39.8m | DKK 24.9m | DKK 53.6m | DKK 60.7m |
| Shareholders' equity | DKK 32.5m | DKK 36.6m | DKK 25.9m | DKK 34.4m | DKK 34.1m | DKK 34.0m | DKK 11.7m | DKK 11.0m |
| Shares outstanding | 1m | 0m | 0m | 0m | 0m | 0m | 0m | 0m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | DKK 28.5m | DKK 28.1m | DKK 21.3m | DKK 5.1m | −DKK 6.8m | DKK 17.4m | DKK 9.8m | DKK 3.6m |
| Capital spending | −DKK 1.6m | −DKK 15.1m | −DKK 5.5m | −DKK 9.1m | −DKK 22.4m | −DKK 5.5m | −DKK 12.9m | −DKK 8.9m |
| Free cash flow | DKK 26.9m | DKK 13.1m | DKK 15.8m | −DKK 4.0m | −DKK 29.1m | DKK 11.9m | −DKK 3.1m | −DKK 5.3m |
| Dividends paid | −DKK 6.0m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | DKK 126.9m | DKK 144.8m | DKK 123.8m | DKK 154.4m | DKK 140.0m | DKK 70.0m | DKK 123.4m | DKK 61.7m |
| Operating income | −DKK 6.1m | DKK 15.6m | −DKK 7.3m | DKK 10.6m | DKK 7.1m | DKK 3.5m | DKK 3.3m | DKK 1.7m |
| Net income | −DKK 6.9m | DKK 9.4m | −DKK 8.5m | DKK 8.8m | DKK 1.8m | DKK 924,500 | −DKK 4.8m | −DKK 2.4m |
| Diluted earnings per share | -47.23 | 6.26 | -5.68 | 60.32 | 12.74 | 6.37 | -33.09 | -16.54 |
| Cash from operations | −DKK 2.0m | DKK 28.0m | — | DKK 17.0m | DKK 10.0m | DKK 5.0m | DKK 26.0m | DKK 13.0m |
| Capital spending | −DKK 4.0m | — | — | −DKK 14.0m | — | — | −DKK 2.0m | — |
| Free cash flow | −DKK 6.0m | — | — | DKK 3.0m | — | — | DKK 24.0m | — |
| Total assets | DKK 165.7m | DKK 141.9m | DKK 160.0m | DKK 151.1m | DKK 154.7m | DKK 154.7m | DKK 149.0m | DKK 149.0m |
| Cash and short-term investments | DKK 4.6m | DKK 4.0m | DKK 3.2m | DKK 3.4m | DKK 11.4m | DKK 11.4m | DKK 2.5m | DKK 2.5m |
| Debt | DKK 66.9m | DKK 51.7m | DKK 62.3m | DKK 57.6m | DKK 53.9m | DKK 53.9m | DKK 46.1m | DKK 46.1m |
| Shareholders' equity | DKK 25.7m | DKK 32.5m | DKK 23.6m | DKK 36.6m | DKK 27.7m | DKK 27.7m | DKK 25.9m | DKK 25.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.1% | 7.3% | — |
| Operating income | 35.4% | 32.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.6% | 2.7% | 2.1% | — |
| Net margin | 2.0% | -0.2% | -0.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | — | 9.8 | -6.0 | -46.3 | -59.0 | -225756.4 |
| Price to sales | 5.3 | 0.4 | 0.3 | 0.4 | 0.6 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 11 Apr 2025.
| FY2025 | |
|---|---|
| Paid in the year | 41.00 |
- 100-to-1 reverse split · 16 Dec 2025
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.