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Frugal Technologies ApS: Financial statements 2023

CVR: 38568809

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

Frugal Technologies ApS (CVR 38568809) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 12,763,346 and a net result of DKK 3,924,316 compared with DKK 4,233,415 the year before. That is an increase of 25.3% compared with the year before. Equity in the 2023 report amounted to DKK 14,531,529. The solvency ratio was 66.5%. The company had 10 employees in the financial year.

Gross Profit
DKK 12,763,346
Profit/Loss
DKK 3,924,316
Equity
DKK 14,531,529
Total Assets
DKK 21,865,300
Employees
10

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-12.8 mio.3.9 mio.14.5 mio.10
2022-10.2 mio.4.2 mio.5.1 mio.7
2021-1.7 mio.-277 t.873 t.3
2020-1.8 mio.88 t.1.6 mio.2
2019-159 t.-67 t.532 t.-

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Events in 2023

Hans Jakob Nørr joins the board of Frugal Technologies ApSNov 3, 2023

As of November 3, 2023, Hans Jakob Nørr has joined the board of directors of Frugal Technologies ApS.

Lars Olaf Kruse Stoustrup joins the board of Frugal Technologies ApSNov 3, 2023

As of November 3, 2023, Lars Olaf Kruse Stoustrup has joined the board of directors of Frugal Technologies ApS.

Bo Stenlev Frederiksen joins the board of Frugal Technologies ApSNov 3, 2023

As of November 3, 2023, Bo Stenlev Frederiksen has joined the board of directors of Frugal Technologies ApS.

Mikkel Elsøe leaves the board of Frugal Technologies ApSNov 3, 2023

As of November 3, 2023, Mikkel Elsøe has left the board of directors of Frugal Technologies ApS.

Jens Boye leaves the board of Frugal Technologies ApSNov 3, 2023

As of November 3, 2023, Jens Boye has left the board of directors of Frugal Technologies ApS.

Frugal Technologies ApS: The 2022 annual report is outJan 29, 2023

Frugal Technologies ApS has published its annual report for 2022. Gross profit came to DKK 10,185,145, and the net result was DKK 4,233,415.

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.

Source: annual report 2025, Danish Business Authority

Other financial years