Formalize ApS: Financial statements 2024
CVR: 42045136
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
Formalize ApS (CVR 42045136) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 7,130,779 and a net result of DKK -36,883,522 compared with DKK -30,456,689 the year before. Equity in the 2024 report amounted to DKK 55,528,801. The solvency ratio was 51.3%. The company had 38 employees in the financial year.
- Gross Profit
- DKK 7,130,779
- Profit/Loss
- DKK -36,883,522
- Equity
- DKK 55,528,801
- Total Assets
- DKK 108,343,823
- Employees
- 38
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | - | 7.1 mio. | -36.9 mio. | 55.5 mio. | 38 |
| 2023 | - | -10.9 mio. | -30.5 mio. | -16.7 mio. | 38 |
| 2022 | - | -1.6 mio. | -6.3 mio. | 10.5 mio. | 11 |
| 2021 | - | -1.8 mio. | -2.6 mio. | 485 t. | 4 |
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Formalize ApS has published its annual report for 2023. Gross profit came to DKK -10,868,344, and the net result was DKK -30,456,689.
On February 28, 2024, the company changed its name from Whistleblower Software ApS to Formalize ApS.
As of January 18, 2024, Michele Foradori has joined the board of directors of Formalize ApS.
As of January 18, 2024, Jacob Hindhede has left the board of directors of Formalize ApS.
As of January 18, 2024, Thomas Schmidt has left the board of directors of Formalize ApS.
As of January 18, 2024, Patrick Olsen has left the board of directors of Formalize ApS.
As of January 18, 2024, Magnus Boye Holding ApS is registered as an owner of Formalize ApS with an ownership share of 10%.
As of January 18, 2024, Kristoffer Abell Holding ApS is registered as an owner of Formalize ApS with an ownership share of 10%.
As of January 18, 2024, Jakob Lilholm Holding ApS is registered as an owner of Formalize ApS with an ownership share of 10%.
About Formalize ApS
Formalize ApS is a Danish company of the type Anpartsselskab based in København V, founded in 2021. The company is registered under the industry Computerprogrammering. The company was previously named Whistleblower Software ApS. The management consists of Jakob Emanuel Loftlund Lilholm and Kristoffer Abell. The board consists of Christian Lynge Hjorth (chair), Fritz Friedrich Oidtmann, Jakob Emanuel Loftlund Lilholm and Kristoffer Abell. The company's owners include Magnus Boye Holding ApS, Kristoffer Abell Holding ApS and Jakob Lilholm Holding ApS. According to the 2025 annual report, the company had an average of 130 employees. In 2025, the company reported a gross profit of DKK 20,425,808 and a net result of DKK -47,767,438 compared with DKK -36,883,522 the year before. Equity in the 2025 report amounted to DKK 96,720,959.