Frost System Development ApS: Financial statements 2021
CVR: 38488112
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Frost System Development ApS (CVR 38488112) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 1,024,408 and a net result of DKK 9,932 compared with DKK 206,755 the year before. That is a decrease of 7.2% compared with the year before. Equity in the 2021 report amounted to DKK 206,637. The solvency ratio was 46.3%. The company had 1 employee in the financial year.
- Gross Profit
- DKK 1,024,408
- Profit/Loss
- DKK 9,932
- Equity
- DKK 206,637
- Total Assets
- DKK 446,599
- Employees
- 1
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 1M | 10K | 207K | 1 |
| 2020 | - | 1.1M | 207K | 310K | 1 |
| 2019 | - | 1.5M | 53K | 103K | 1 |
| 2018 | - | 1.6M | 60K | 110K | - |
Official annual report
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On September 20, 2021, the company changed its name from Frost System Development IVS to Frost System Development ApS.
Frost System Development ApS has published its annual report for 2020. Gross profit came to DKK 1,103,578, and the net result was DKK 206,755.
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.