Festina Finance A/S

CVR: 30986253

Growing 49% p.a.Medium companyWell-established (18 yrs)Loss-making

Secondary names: Festina Lente A/S

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Festina Finance A/S is currently facing significant financial challenges, as evidenced by its declining profitability and increasing losses. In 2024, the company reported a revenue of 171,139,588 DKK but incurred a loss of 22,246,678 DKK, a stark contrast to a profit of 7,127,212 DKK in 2021. The equity position has also deteriorated from 63,947,126 DKK in 2023 to 41,700,448 DKK in 2024, indicating potential liquidity concerns. Overall, the company is struggling to maintain a stable financial trajectory within the competitive computer programming industry, raising concerns about its long-term sustainability.

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Overview

Company type
A/S
Aktieselskab
Address
Birketoften 15, 3500 Værløse
FURESØ
3500 Værløse
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Founded
2.10.2007

Details

Employees
47 employees
43 FTE
(2018)
Capital
4.151.387 kr.

Contact

Purpose

Selskabets formål er at udvikle software løsninger til privatøkonomisk rådgivning i den finansielle branche, herunder at eje virksomheder inden for eller med tilknytning til udvikling af løsninger til den finansielle branche og anden i forbindelse dermed stående virksomhed.

Financials

Financial trend

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YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2024171.1 mio.-22.2 mio.108.7 mio.41.7 mio.78

History

Properties

(1)

1 properties

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Management

Directors

Mikael Braagaard(DIREKTØR)

Board

Jesper Linnemann Lauritsen(BESTYRELSESMEDLEM)
Simon Espelund Hansen(BESTYRELSESMEDLEM)
Thomas Holst Demant(BESTYRELSESMEDLEM)
Thomas Johansen(BESTYRELSESMEDLEM)

Production units (1)

Festina Finance A/S
P-no: 1013735278
Birketoften 15, 3500, Værløse
Computerprogrammering
47 employees

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Festina Finance A/S – CVR 30986253 – Financials