Frost System Development ApS: Financial statements 2020
CVR: 38488112
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Frost System Development ApS (CVR 38488112) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 1,103,578 and a net result of DKK 206,755 compared with DKK 52,743 the year before. That is a decrease of 24.3% compared with the year before. Equity in the 2020 report amounted to DKK 309,705. The solvency ratio was 40.2%. The company had 1 employee in the financial year.
- Gross Profit
- DKK 1,103,578
- Profit/Loss
- DKK 206,755
- Equity
- DKK 309,705
- Total Assets
- DKK 769,727
- Employees
- 1
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 1.1M | 207K | 310K | 1 |
| 2019 | - | 1.5M | 53K | 103K | 1 |
| 2018 | - | 1.6M | 60K | 110K | - |
Official annual report
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Frost System Development ApS has published its annual report for 2019. Gross profit came to DKK 1,457,249, and the net result was DKK 52,743.
About Frost System Development ApS
Frost System Development ApS is a Danish company of the type Anpartsselskab based in Frederiksberg C, founded in 2017. The company is registered under the industry Computerkonsulentbistand og forvaltning af computerfaciliteter. The company was previously named Frost System Development IVS. The management consists of Michael Frost. The company is owned by Michael Frost. The company has 1 employee (2026). In 2025, the company reported a gross profit of DKK 1,791,733 and a net result of DKK 623,557 compared with DKK 44,809 the year before. Equity in the 2025 report amounted to DKK 663,557.