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ITU BUSINESS DEVELOPMENT A/S: Financial statements 2020

CVR: 36446358

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

ITU BUSINESS DEVELOPMENT A/S (CVR 36446358) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 2,482,000 and a net result of DKK -813,000 compared with DKK -725,000 the year before. That is a decrease of 16.2% compared with the year before. The profit margin was -32.8%. Equity in the 2020 report amounted to DKK 2,018,000. The solvency ratio was 69%. The company had 5 employees in the financial year.

Revenue
DKK 2,482,000
Gross Profit
DKK 1,250,000
Profit/Loss
DKK -813,000
Equity
DKK 2,018,000
Total Assets
DKK 2,924,000
Employees
5

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20202.5M1.3M-813K2M5
20193M591K-725K2.8M-
20181.7M1.3M-332K3.6M-
20171.7M899K-420K3.9M-
20161.5M816K-18K4.3M-

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Events in 2020

ITU BUSINESS DEVELOPMENT A/S: The 2019 annual report is outApr 21, 2020

ITU BUSINESS DEVELOPMENT A/S has published its annual report for 2019. Revenue came to DKK 2,962,000, and the net result was DKK -725,000.

Ulrik Jensen joins the board of ITU BUSINESS DEVELOPMENT A/SApr 14, 2020

As of April 14, 2020, Ulrik Jensen has joined the board of directors of ITU BUSINESS DEVELOPMENT A/S.

Ulrik Jensen leaves the board of ITU BUSINESS DEVELOPMENT A/SApr 13, 2020

As of April 13, 2020, Ulrik Jensen has left the board of directors of ITU BUSINESS DEVELOPMENT A/S.

Michael Moesgaard Andersen leaves the board of ITU BUSINESS DEVELOPMENT A/SApr 6, 2020

As of April 6, 2020, Michael Moesgaard Andersen has left the board of directors of ITU BUSINESS DEVELOPMENT A/S.

Niels Bo Theilgaard Madsen leaves the board of ITU BUSINESS DEVELOPMENT A/SJan 22, 2020

As of January 22, 2020, Niels Bo Theilgaard Madsen has left the board of directors of ITU BUSINESS DEVELOPMENT A/S.

About ITU BUSINESS DEVELOPMENT A/S

ITU BUSINESS DEVELOPMENT A/S is a Danish company of the type Aktieselskab based in København S, founded in 2014. The company is registered under the industry Virksomhedsrådgivning og anden ledelsesrådgivning. The management consists of Nikolaj Ehlers Oppermann. The board consists of Adam Hillestrøm (chair), Anne Sophie Spanner Witzke, Georg Dam Steffensen and Joo Runge. The company is owned by IT-Universitetet i København. The company has 4 employees (2026). In 2025, the company reported revenue of DKK 2,725,000 and a net result of DKK 35,000 compared with DKK 50,000 the year before. Equity in the 2025 report amounted to DKK 2,144,000.

Source: annual report 2025, Danish Business Authority