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Fonden Democracy x: Financial statements 2016

CVR: 34577358

Source: annual report 2016, Danish Business Authority

01/01/2016 – 31/12/2016

Fonden Democracy x (CVR 34577358) has filed annual accounts for 2016. In 2016, the company reported revenue of DKK 16,122,415 and a net result of DKK -254,863 compared with DKK 30,846 the year before. That is a decrease of 2.4% compared with the year before. The profit margin was -1.6%. Equity in the 2016 report amounted to DKK 1,081,615. The solvency ratio was 21.3%. The company had 22 employees in the financial year.

Revenue
DKK 16,122,415
Gross Profit
DKK 10,185,330
Profit/Loss
DKK -254,863
Equity
DKK 1,081,615
Total Assets
DKK 5,087,317
Employees
22

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
201616.1M10.2M-255K1.1M22
201516.5M11.6M31K1.3M25
201413.8M9.9M-555K1.3M-
201310.6M6.6M-284K1.9M-
201214M7.1M1.8M2.1M-

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Events in 2016

Rasmus Meyer Korsgaard leaves the board of Fonden Democracy xSep 22, 2016

As of September 22, 2016, Rasmus Meyer Korsgaard has left the board of directors of Fonden Democracy x.

Fonden Democracy x: The 2015 annual report is outApr 15, 2016

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.

Rasmus Meyer Korsgaard joins the board of Fonden Democracy xApr 13, 2016

As of April 13, 2016, Rasmus Meyer Korsgaard has joined the board of directors of Fonden Democracy x.

Nanna Højlund leaves the board of Fonden Democracy xApr 13, 2016

As of April 13, 2016, Nanna Højlund has left the board of directors of Fonden Democracy x.

Kirsten Gyrethe Larsen joins the board of Fonden Democracy xMar 1, 2016

As of March 1, 2016, Kirsten Gyrethe Larsen has joined the board of directors of Fonden Democracy x.

About Fonden Democracy x

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