Frontline Innovation ApS: Financial statements 2021
CVR: 37543586
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Frontline Innovation ApS (CVR 37543586) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 774,157 and a net result of DKK 109,921 compared with DKK -463,693 the year before. That is an increase of 86.6% compared with the year before. Equity in the 2021 report amounted to DKK -303,944. The company had 1 employee in the financial year.
- Gross Profit
- DKK 774,157
- Profit/Loss
- DKK 109,921
- Equity
- DKK -303,944
- Total Assets
- DKK 1,307,356
- Employees
- 1
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 774 t. | 110 t. | -304 t. | 1 |
| 2020 | - | 415 t. | -464 t. | -453 t. | 1 |
| 2019 | - | 1.5 mio. | -12 t. | 11 t. | 1 |
| 2018 | - | 1.1 mio. | 4 t. | 23 t. | 1 |
| 2017 | - | 913 t. | -28 t. | 19 t. | 1 |
Official annual report
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On October 8, 2021, the company changed its name from Frontline Innovation IVS to Frontline Innovation ApS.
Frontline Innovation ApS has published its annual report for 2020. Gross profit came to DKK 414,807, and the net result was DKK -463,693.
About Frontline Innovation ApS
Frontline Innovation ApS is a Danish company of the type Anpartsselskab based in Gram, founded in 2016. The company is under bankruptcy. The company is registered under the industry Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. The company was previously named Frontline Innovation IVS. The company is owned by ARMSTRONG HOLDING ApS. The company has 2 employees (2025). In 2024, the company reported a gross profit of DKK 1,136,501 and a net result of DKK 29,763 compared with DKK -1,618,641 the year before. Equity in the 2024 report amounted to DKK -2,793,572.
