Fonden Democracy x: Financial statements 2017
CVR: 34577358
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
Fonden Democracy x (CVR 34577358) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 12,617,270 and a net result of DKK 246,874 compared with DKK -254,863 the year before. That is a decrease of 21.7% compared with the year before. The profit margin was 2%. Equity in the 2017 report amounted to DKK 1,328,489. The solvency ratio was 13.2%. The company had 17 employees in the financial year.
- Revenue
- DKK 12,617,270
- Gross Profit
- DKK 8,700,500
- Profit/Loss
- DKK 246,874
- Equity
- DKK 1,328,489
- Total Assets
- DKK 10,073,056
- Employees
- 17
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | 12.6M | 8.7M | 247K | 1.3M | 17 |
| 2016 | 16.1M | 10.2M | -255K | 1.1M | 22 |
| 2015 | 16.5M | 11.6M | 31K | 1.3M | 25 |
| 2014 | 13.8M | 9.9M | -555K | 1.3M | - |
| 2013 | 10.6M | 6.6M | -284K | 1.9M | - |
Official annual report
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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.
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.