| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | — | — |
| Gross Profit | — | — |
| EBITDA | — | — |
| Net Income | — | — |
| Diluted EPS | — | — |
| Free Cash Flow | — | — |
| Ratio | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 5y | vs own |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 100.00% | 97.07% | 87.44% | 99.99% | — | — | |
| Operating Margin | −805.06% | −166.94% | −2029.33% | 75.52% | — | — | |
| NOPAT Margin | −636.00% | −131.88% | −1603.17% | 69.63% | — | — | |
| Net Margin | −1156.05% | −205.30% | −1720.87% | 70.05% | — | — | |
| FCF Margin | −917.45% | −127.46% | −1500.80% | 70.52% | — | — | |
| FCFF Margin | — | — | — | 73.85% | — | — | — |
| FCFE Margin | −1336.82% | −280.84% | −910.82% | 70.52% | — | — | |
| OCF Margin | −906.19% | −124.18% | −1484.77% | 70.88% | — | — | |
| Gross Profitability | 6.75% | 16.34% | 0.58% | 57.77% | — | — | |
| Capex Intensity | 11.26% | 3.28% | 16.04% | 0.36% | — | — | |
| ▸Returns on Capital · 6 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||
| ▸Earnings quality · 5 ratios | |||||||
| ▸Liquidity & coverage · 7 ratios | |||||||
| ▸Leverage · 8 ratios | |||||||
| ▸Working capital · 8 ratios | |||||||
| ▸Capital allocation · 2 ratios | |||||||
| ▸Other · 1 ratios | |||||||
The five drivers multiply to 54.5% vs reported ROE 55.1%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | DKK 104.0M | DKK 342.8M | DKK 62.7M | DKK 9.21B |
| YoY % | +229.6% | -81.7% | +14598.9% | |
| Cost of Revenue | DKK 0 | DKK 10.0M | DKK 7.9M | DKK 816,000 |
| YoY % | -21.5% | -89.6% | ||
| Gross Profit | DKK 104.0M | DKK 323.6M | DKK 54.8M | DKK 9.21B |
| YoY % | +211.2% | -83.1% | +16708.7% | |
| R&D Expense | DKK 614.0M | DKK 684.9M | DKK 919.9M | DKK 1.60B |
| YoY % | +11.5% | +34.3% | +74.4% | |
| Selling & Marketing Expense | DKK 32.3M | DKK 30.6M | DKK 88.1M | DKK 139.1M |
| YoY % | -5.2% | +187.7% | +57.9% | |
| SG&A Expense | DKK 237.2M | DKK 185.3M | DKK 315.9M | DKK 356.8M |
| YoY % | -21.9% | +70.5% | +13.0% | |
| Total Operating Expenses | DKK 941.1M | DKK 895.9M | — | — |
| YoY % | -4.8% | |||
| Operating Income | -DKK 837.2M | -DKK 572.2M | -DKK 1.27B | DKK 6.96B |
| Interest Expense | DKK 268.2M | DKK 190.7M | DKK 51.5M | DKK 332.8M |
| YoY % | -28.9% | -73.0% | +546.2% | |
| Interest & Investment Income | DKK 133.3M | DKK 54.1M | DKK 240.3M | DKK 374.4M |
| YoY % | -59.4% | +344.0% | +55.8% | |
| Pretax Income | -DKK 972.0M | -DKK 708.9M | -DKK 1.08B | DKK 7.00B |
| Income Tax | -DKK 6.4M | -DKK 5.1M | -DKK 4.6M | DKK 546.1M |
| Income from Continuing Operations | -DKK 965.6M | -DKK 703.7M | — | — |
| Income from Discontinued Operations | -DKK 236.5M | DKK 0 | — | — |
| Net Income (incl. NCI) | -DKK 1.20B | -DKK 703.7M | -DKK 1.08B | DKK 6.46B |
| EPS (Basic) | -DKK 26.02 | -DKK 12.44 | -DKK 16.24 | DKK 91.56 |
| EPS (Diluted) | -DKK 26.02 | -DKK 12.44 | -DKK 16.24 | DKK 90.22 |
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.
