Management and financials
CVR: 34577358
Previous names: FONDEN TEKNOLOGIRÅDET
DKK 33,689,292
Revenue
Net result: DKK -576,500
No owners listed
CVR · view owners
Karoline Amalie Steen
Board: Birgitte Kofod Olsen (chair) and 7 members
CVR · view management
Active
Founded 23 April 2012
CVR · view overview
55 employees
CVR · 2026
Director role ended: Rune Detlif Baastrup
CVR · 04/06/2025
View the full event history
Fonden Democracy x is a Danish company of the type Erhvervsdrivende fond based in København Ø, founded in 2012. The company is registered under the industry Andre organisationers og foreningers aktiviteter i.a.n.. The company was previously named FONDEN TEKNOLOGIRÅDET. The management consists of Karoline Amalie Steen. The board consists of Birgitte Kofod Olsen (chair), Else Louise Regitze Sommer, Bjørn Køster Hansen and Jens Friis Lund. The company has 55 employees (2026). In 2025, the company reported revenue of DKK 33,689,292 and a net result of DKK -576,500 compared with DKK -1,576,384 the year before. Equity in the 2025 report amounted to DKK 862,717.
Source: annual report 2025, Danish Business Authority
The financial health of Fonden Democracy x shows a concerning trend, with declining profitability over the past two years. Revenue peaked at 42,662,149 DKK in 2023 but has since decreased to 33,689,292 DKK in 2025, while profits turned negative in both 2024 and 2025, indicating operational challenges. Equity has also diminished significantly from 4,414,140 DKK in 2023 to 862,717 DKK in 2025, raising concerns about financial stability. The organization operates within a niche sector of associations and organizations, but its declining margins and increasing losses suggest a need for strategic reassessment to improve its position in the industry.
AI-generated summary · Generated 08/05/2026
Fondens formål er at gennemføre forskning, analyser, vurderinger, dialog og formidling samt rådgivning inden for samfundsforhold, herunder anvendelse af viden og teknologi, i Danmark såvel som internationalt.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 33.7 mio. | -577 t. | 10.5 mio. | 863 t. | 41 | |
| 202401/01/2024 – 31/12/2024 | 37 mio. | -1.6 mio. | 13.9 mio. | 2.8 mio. | 45 | |
| 202301/01/2023 – 31/12/2023 | 42.7 mio. | 263 t. | 16.9 mio. | 4.4 mio. | 53 | |
| 202201/01/2022 – 31/12/2022 | 28.6 mio. | -359 t. | 22.2 mio. | 4.2 mio. | 41 | |
| 202101/01/2021 – 31/12/2021 | 26.1 mio. | 972 t. | 23.6 mio. | 4.5 mio. | 36 | |
| 202001/01/2020 – 31/12/2020 | 20.9 mio. | 1 mio. | 28 mio. | 3.5 mio. | 28 | |
| 201901/01/2019 – 31/12/2019 | 15.8 mio. | 539 t. | 13.9 mio. | 2.5 mio. | 20 | |
| 201801/01/2018 – 31/12/2018 | 13.9 mio. | 636 t. | 14.6 mio. | 2 mio. | 18 | |
| 201701/01/2017 – 31/12/2017 | 12.6 mio. | 247 t. | 10.1 mio. | 1.3 mio. | 17 | |
| 201601/01/2016 – 31/12/2016 | 16.1 mio. | -255 t. | 5.1 mio. | 1.1 mio. | 22 | |
| 201501/01/2015 – 31/12/2015 | 16.5 mio. | 31 t. | 6.9 mio. | 1.3 mio. | 25 | |
| 201401/01/2014 – 31/12/2014 | 13.8 mio. | -555 t. | 7 mio. | 1.3 mio. | - | |
| 201301/01/2013 – 31/12/2013 | 10.6 mio. | -284 t. | 17.7 mio. | 1.9 mio. | - | |
| 201201/01/2012 – 31/12/2012 | 14 mio. | 1.8 mio. | 12.2 mio. | 2.1 mio. | - |
Compared to 162 companies in Andre organisationers og foreningers aktiviteter i.a.n.
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
1 public tender won
Sources: TED (the EU tender database) and udbud.dk
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See the API documentationThe CVR number of Fonden Democracy x is 34577358.
The management of Fonden Democracy x consists of Karoline Amalie Steen.
The board of Fonden Democracy x consists of Birgitte Kofod Olsen, Else Louise Regitze Sommer and Bjørn Køster Hansen, with Birgitte Kofod Olsen as chair.
In 2025, Fonden Democracy x reported revenue of DKK 33,689,292.
Fonden Democracy x had 55 employees in 2026 according to the Danish CVR register.
Fonden Democracy x was founded on 23 April 2012.
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Fonden Democracy x has published its annual report for 2025. Revenue came to DKK 33,689,292, and the net result was DKK -576,500.
Contact info changed: new phone: 33320503, new email: [email protected], new website: www.tekno.dk (May 5, 2026).
As of April 27, 2026, Rasmus Øhlenschlæger Madsen has joined the board of directors of Fonden Democracy x.
As of April 27, 2026, Lia Mariann Leffland has joined the board of directors of Fonden Democracy x.
As of April 27, 2026, Ulrich Bang has left the board of directors of Fonden Democracy x.
As of April 27, 2026, Jette Joan Runchel has left the board of directors of Fonden Democracy x.
Contact info changed: new phone: 33320503, new email: [email protected], new website: www.tekno.dk (February 6, 2026).
Fonden Democracy x has won the tender "17.13 Managementkonsulentydelser (DIS)" issued by Staten og Kommunernes Indkøbsservice worth 18,345,874 DKK.
As of November 10, 2025, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of Fonden Democracy x.
As of November 10, 2025, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of Fonden Democracy x.
As of June 4, 2025, Niels-Kristian Tjelle Holm has joined the board of directors of Fonden Democracy x.
As of June 4, 2025, Marina Janell Søndergaard has left the board of directors of Fonden Democracy x.
As of June 4, 2025, Karoline Amalie Steen is registered as adm. dir. of Fonden Democracy x.
As of June 4, 2025, Rune Detlif Baastrup has stepped down as adm. dir. of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2024. Revenue came to DKK 36,980,759, and the net result was DKK -1,576,384.
As of April 29, 2025, Stine Skot Brønnum has joined the board of directors of Fonden Democracy x.
As of April 29, 2025, Mark Hessellund Beanland has left the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2023. Revenue came to DKK 42,662,149, and the net result was DKK 262,557.
On February 6, 2024, the company changed its name from FONDEN TEKNOLOGIRÅDET to Fonden Democracy x.
Fonden Democracy x has published its annual report for 2022. Revenue came to DKK 28,614,996, and the net result was DKK -359,409.
As of April 26, 2023, Jens Friis Lund has joined the board of directors of Fonden Democracy x.
As of April 26, 2023, Else Louise Regitze Sommer has joined the board of directors of Fonden Democracy x.
As of April 26, 2023, Bjørn Køster Hansen has joined the board of directors of Fonden Democracy x.
As of April 26, 2023, Ulrich Bang has joined the board of directors of Fonden Democracy x.
As of April 26, 2023, Marina Janell Søndergaard has joined the board of directors of Fonden Democracy x.
As of April 26, 2023, Jette Joan Runchel has joined the board of directors of Fonden Democracy x.
As of April 26, 2023, Thomas Hermann has left the board of directors of Fonden Democracy x.
As of April 26, 2023, Christian Friis Bach has left the board of directors of Fonden Democracy x.
As of April 26, 2023, Andreas Bering has left the board of directors of Fonden Democracy x.
As of April 26, 2023, Kim Kristian Østrup has left the board of directors of Fonden Democracy x.
As of April 25, 2023, Else Louise Regitze Sommer has left the board of directors of Fonden Democracy x.
As of February 22, 2023, Else Louise Regitze Sommer has joined the board of directors of Fonden Democracy x.
As of January 1, 2023, Bjørn Serritzlev Bedsted is registered as director of Fonden Democracy x.
As of January 1, 2023, Rune Detlif Baastrup is registered as adm. dir. of Fonden Democracy x.
As of January 1, 2023, Bjørn Serritzlev Bedsted has stepped down as director of Fonden Democracy x.
As of December 31, 2022, Bjørn Serritzlev Bedsted has stepped down as adm. dir. of Fonden Democracy x.
As of September 1, 2022, Kathrin Maurer has left the board of directors of Fonden Democracy x.
As of August 23, 2022, Birgitte Kofod Olsen has joined the board of directors of Fonden Democracy x.
As of August 23, 2022, Kim Møller has left the board of directors of Fonden Democracy x.
As of August 22, 2022, Birgitte Kofod Olsen has left the board of directors of Fonden Democracy x.
As of June 21, 2022, Bjørn Serritzlev Bedsted is registered as adm. dir. of Fonden Democracy x.
As of June 21, 2022, Lars Klüver has stepped down as adm. dir. of Fonden Democracy x.
As of June 20, 2022, Bjørn Serritzlev Bedsted has stepped down as director of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2021. Revenue came to DKK 26,061,390, and the net result was DKK 971,833.
As of April 4, 2022, Mark Hessellund Beanland has joined the board of directors of Fonden Democracy x.
As of April 4, 2022, Kirsten Gyrethe Larsen has left the board of directors of Fonden Democracy x.
As of January 25, 2022, Christian Friis Bach has joined the board of directors of Fonden Democracy x.
As of November 30, 2021, Hanne Severinsen has left the board of directors of Fonden Democracy x.
As of November 30, 2021, Carl Walter Matthias Kaiser has left the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2020. Revenue came to DKK 20,896,617, and the net result was DKK 1,035,450.
As of March 25, 2021, Birgitte Kofod Olsen has joined the board of directors of Fonden Democracy x.
As of March 25, 2021, Kathrin Maurer has joined the board of directors of Fonden Democracy x.
As of March 25, 2021, Ulla Röttger has left the board of directors of Fonden Democracy x.
As of September 23, 2020, Bjørn Serritzlev Bedsted is registered as director of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2019. Revenue came to DKK 15,816,544, and the net result was DKK 539,324.
Fonden Democracy x has published its annual report for 2018. Revenue came to DKK 13,946,752, and the net result was DKK 635,896.
Fonden Democracy x has published its annual report for 2017. Revenue came to DKK 12,617,270, and the net result was DKK 246,874.
As of April 17, 2018, Ulla Röttger has joined the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2016. Revenue came to DKK 16,122,415, and the net result was DKK -254,863.
As of September 22, 2016, Rasmus Meyer Korsgaard has left the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2015. Revenue came to DKK 16,518,202, and the net result was DKK 30,846.
As of April 13, 2016, Rasmus Meyer Korsgaard has joined the board of directors of Fonden Democracy x.
As of April 13, 2016, Nanna Højlund has left the board of directors of Fonden Democracy x.
As of March 1, 2016, Kirsten Gyrethe Larsen has joined the board of directors of Fonden Democracy x.
As of October 31, 2015, Bjørn Serritzlev Bedsted has left the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2014. Revenue came to DKK 13,785,683, and the net result was DKK -555,315.
As of June 19, 2014, Bjørn Serritzlev Bedsted has joined the board of directors of Fonden Democracy x.
As of June 19, 2014, Anders Jacobi has left the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2013. Revenue came to DKK 10,565,750, and the net result was DKK -284,317.
As of March 31, 2014, Kim Møller has joined the board of directors of Fonden Democracy x.
As of March 31, 2014, Andreas Bering has joined the board of directors of Fonden Democracy x.
As of March 31, 2014, Kim Kristian Østrup has joined the board of directors of Fonden Democracy x.
As of March 31, 2014, Nanna Højlund has joined the board of directors of Fonden Democracy x.
As of March 31, 2014, Anders Jacobi has joined the board of directors of Fonden Democracy x.
As of March 31, 2014, Carl Walter Matthias Kaiser has joined the board of directors of Fonden Democracy x.
As of March 31, 2014, Carsten Dalsgaard Sørensen has left the board of directors of Fonden Democracy x.
As of March 31, 2014, Kim Simonsen has left the board of directors of Fonden Democracy x.
As of March 31, 2014, Annette Toft has left the board of directors of Fonden Democracy x.
As of March 31, 2014, Bjørn Serritzlev Bedsted has left the board of directors of Fonden Democracy x.
As of March 31, 2014, Tore Tennøe has left the board of directors of Fonden Democracy x.
Fonden Democracy x has published its annual report for 2012. Revenue came to DKK 14,014,523, and the net result was DKK 1,845,264.
As of April 23, 2012, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of Fonden Democracy x.
As of April 23, 2012, Thomas Hermann has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Carsten Dalsgaard Sørensen has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Kim Simonsen has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Annette Toft has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Hanne Severinsen has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Bjørn Serritzlev Bedsted has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Tore Tennøe has joined the board of directors of Fonden Democracy x.
As of April 23, 2012, Lars Klüver is registered as adm. dir. of Fonden Democracy x.
Fonden Democracy x was founded on April 23, 2012.
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