Frank Innovation ApS: Financial statements 2020
CVR: 38984527
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Frank Innovation ApS (CVR 38984527) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 85,953 and a net result of DKK 52,109 compared with DKK -25,048 the year before. Equity in the 2020 report amounted to DKK 12,139. The solvency ratio was 7.6%.
- Gross Profit
- DKK 85,953
- Profit/Loss
- DKK 52,109
- Equity
- DKK 12,139
- Total Assets
- DKK 159,954
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 86 t. | 52 t. | 12 t. | - |
| 2019 | - | -11 t. | -25 t. | -40 t. | - |
Official annual report
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Frank Innovation ApS has published its annual report for 2019. Gross profit came to DKK -11,122, and the net result was DKK -25,048.
About Frank Innovation ApS
Frank Innovation ApS is a Danish company of the type Anpartsselskab based in Åbyhøj, founded in 2017. The company is registered under the industry Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.. The company was previously named Frank Innovation IVS. The management consists of William Frank. The company is owned by Else Okkels Birk and William Frank. The company has 1 employee (2026). In 2025, the company reported a gross profit of DKK 81,014 and a net result of DKK 13,777 compared with DKK 132,037 the year before. Equity in the 2025 report amounted to DKK 209,010.