| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | DKK 2.55B | −1.4% |
| Gross Profit | DKK 1.40B | +1.8% |
| EBITDA | DKK 261.0M | +1.6% |
| Net Income | -DKK 29.0M | — |
| Diluted EPS | -DKK 0.20 | — |
| Free Cash Flow | DKK 217.0M | +26.9% |
| Ratio | 2022 | 2023 | 2024 | 2025 | Trend · 4y | vs own |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Gross Margin | 45.32% | 44.15% | 53.28% | 54.99% | 88% | |
| Operating Margin | 1.56% | −4.51% | 0.70% | 0.63% | 38% | |
| EBITDA Margin | — | 3.56% | 9.93% | 10.22% | 83% | |
| NOPAT Margin | 1.23% | −3.56% | 0.55% | 0.00% | 38% | |
| Net Margin | −1.02% | −5.12% | −0.66% | −1.14% | 38% | |
| FCF Margin | 0.27% | 5.23% | 6.61% | 8.50% | 88% | |
| FCFF Margin | — | — | — | 8.50% | — | 50% |
| OCF Margin | 2.58% | 7.19% | 8.73% | 10.03% | 88% | |
| Gross Profitability | 53.06% | 50.94% | 60.03% | 60.00% | 63% | |
| Capex Intensity | 2.31% | 1.96% | 2.13% | 1.53% | 13% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 4 ratios | ||||||
| ▸Liquidity & coverage · 6 ratios | ||||||
| ▸Leverage · 2 ratios | ||||||
| ▸Working capital · 8 ratios | ||||||
| ▸Capital allocation · 2 ratios | ||||||
| ▸Other · 1 ratios | ||||||
The five drivers multiply to -2.6% vs reported ROE -2.8%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | DKK 2.95B | DKK 2.75B | DKK 2.59B | DKK 2.55B |
| YoY % | -6.6% | -6.0% | -1.4% | |
| Cost of Revenue | DKK 1.61B | DKK 1.54B | DKK 1.21B | DKK 1.15B |
| YoY % | -4.7% | -21.3% | -5.0% | |
| Gross Profit | DKK 1.34B | DKK 1.22B | DKK 1.38B | DKK 1.40B |
| YoY % | -9.1% | +13.5% | +1.8% | |
| Selling & Marketing Expense | DKK 875.0M | DKK 910.0M | DKK 940.0M | DKK 895.0M |
| YoY % | +4.0% | +3.3% | -4.8% | |
| SG&A Expense | DKK 136.0M | DKK 128.0M | DKK 135.0M | DKK 153.0M |
| YoY % | -5.9% | +5.5% | +13.3% | |
| Operating Income | DKK 46.0M | -DKK 124.0M | DKK 18.0M | DKK 16.0M |
| YoY % | -11.1% | |||
| Interest Expense | DKK 65.0M | DKK 56.0M | DKK 75.0M | DKK 82.0M |
| YoY % | -13.8% | +33.9% | +9.3% | |
| Interest & Investment Income | DKK 11.0M | DKK 28.0M | DKK 50.0M | DKK 68.0M |
| YoY % | +154.5% | +78.6% | +36.0% | |
| Pretax Income | -DKK 8.0M | -DKK 152.0M | -DKK 7.0M | DKK 2.0M |
| Income Tax | DKK 22.0M | -DKK 11.0M | DKK 10.0M | DKK 31.0M |
| YoY % | +210.0% | |||
| Net Income (incl. NCI) | -DKK 30.0M | -DKK 141.0M | -DKK 17.0M | -DKK 29.0M |
| EPS (Basic) | -DKK 0.20 | -DKK 1.20 | -DKK 0.10 | -DKK 0.20 |
| EPS (Diluted) | -DKK 0.20 | -DKK 1.20 | -DKK 0.10 | -DKK 0.20 |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
