Frugal Technologies ApS: Financial statements 2020
CVR: 38568809
Source: annual report 2020, Danish Business Authority
01/04/2019 – 31/03/2020
Frugal Technologies ApS (CVR 38568809) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 1,830,299 and a net result of DKK 87,973 compared with DKK -66,585 the year before. That is an increase of 1,051.2% compared with the year before. Equity in the 2020 report amounted to DKK 1,620,306. The solvency ratio was 30%. The company had 2 employees in the financial year.
- Gross Profit
- DKK 1,830,299
- Profit/Loss
- DKK 87,973
- Equity
- DKK 1,620,306
- Total Assets
- DKK 5,398,023
- Employees
- 2
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 1.8 mio. | 88 t. | 1.6 mio. | 2 |
| 2019 | - | 159 t. | -67 t. | 532 t. | - |
| 2018 | - | -183 t. | -318 t. | 432 t. | - |
Official annual report
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As of March 30, 2020, Preben Thuren Larsen is registered as chairman of Frugal Technologies ApS.
As of March 30, 2020, Søren Bøgesgaard Niebuhr has stepped down as chairman of Frugal Technologies ApS.
About Frugal Technologies ApS
Frugal Technologies ApS was a Danish company of the type Anpartsselskab based in Aalborg, founded in 2017. The company has been dissolved on 1 April 2026. The company was registered under the industry Rådgivende ingeniøraktiviteter inden for produktions- og maskinteknik. The company has 14 employees (2026). In 2025, the company reported a gross profit of DKK 7,019,427 and a net result of DKK -4,528,111 compared with DKK -9,571,706 the year before. Equity in the 2025 report amounted to DKK -468,287.