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PENNEO A/S: Financial statements 2020

CVR: 35633766

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

PENNEO A/S (CVR 35633766) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 35,533,705 and a net result of DKK -12,802,649 compared with DKK -444,517 the year before. The profit margin was -36%. Equity in the 2020 report amounted to DKK 57,576,051. The solvency ratio was 60%.

Revenue
DKK 35,533,705
Gross Profit
DKK 19,905,024
Profit/Loss
DKK -12,802,649
Equity
DKK 57,576,051
Total Assets
DKK 95,889,090

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
202035.5 mio.19.9 mio.-12.8 mio.57.6 mio.-
2019-17.8 mio.-445 t.11.8 mio.33
2018-16.9 mio.2.2 mio.6.1 mio.27
2017-5 mio.-5.7 mio.-17.5 mio.22
2016-1.4 mio.-7.8 mio.-11.8 mio.16

Official annual report

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Events in 2020

Nicolaj Højer Nielsen leaves the board of PENNEO A/SSep 28, 2020

As of September 28, 2020, Nicolaj Højer Nielsen has left the board of directors of PENNEO A/S.

Nicolaj Højer Nielsen joins PENNEO A/S as adm. dir.Sep 28, 2020

As of September 28, 2020, Nicolaj Højer Nielsen is registered as adm. dir. of PENNEO A/S.

Niels Henrik Rasmussen steps down as adm. dir. of PENNEO A/SSep 28, 2020

As of September 28, 2020, Niels Henrik Rasmussen has stepped down as adm. dir. of PENNEO A/S.

PENNEO ApS changes name to PENNEO A/SApr 8, 2020

On April 8, 2020, the company changed its name from PENNEO ApS to PENNEO A/S.

PENNEO A/S: The 2019 annual report is outMar 24, 2020

PENNEO A/S has published its annual report for 2019. Gross profit came to DKK 17,778,196, and the net result was DKK -444,517.

About PENNEO A/S

PENNEO A/S is a Danish company of the type Aktieselskab based in København V, founded in 2014. The company is registered under the industry Anden udgivelse af software. The company was previously named PENNEO ApS. The management consists of Mads Paludan Aabling. The board consists of Lars Erik Jacobsen (chair), Marie Møgelvang Weirich, Mikael Westöö and Oliver Klint Pedersen. The company is owned by VISMA DANMARK HOLDING A/S. The company has 58 employees (2026). In 2025, the company reported a gross profit of DKK 65,188,436 and a net result of DKK -58,958,417 compared with DKK -11,660,103 the year before. Equity in the 2025 report amounted to DKK -16,627,677.

Source: annual report 2025, Danish Business Authority