Frank Innovation ApS: Financial statements 2021
CVR: 38984527
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Frank Innovation ApS (CVR 38984527) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 95,020 and a net result of DKK 52,951 compared with DKK 52,109 the year before. That is an increase of 10.5% compared with the year before. Equity in the 2021 report amounted to DKK 104,790. The solvency ratio was 41.9%.
- Gross Profit
- DKK 95,020
- Profit/Loss
- DKK 52,951
- Equity
- DKK 104,790
- Total Assets
- DKK 250,383
- Employees
- 0
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 95 t. | 53 t. | 105 t. | 0 |
| 2020 | - | 86 t. | 52 t. | 12 t. | - |
| 2019 | - | -11 t. | -25 t. | -40 t. | - |
Official annual report
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On October 8, 2021, the company changed its name from Frank Innovation IVS to Frank Innovation ApS.
Frank Innovation ApS has published its annual report for 2020. Gross profit came to DKK 85,953, and the net result was DKK 52,109.
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.
