Formalize ApS: Financial statements 2025
CVR: 42045136
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
Formalize ApS (CVR 42045136) has filed annual accounts for 2025. 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. That is an increase of 186.4% compared with the year before. Equity in the 2025 report amounted to DKK 96,720,959. The solvency ratio was 57.8%. The company had 130 employees in the financial year.
- Gross Profit
- DKK 20,425,808
- Profit/Loss
- DKK -47,767,438
- Equity
- DKK 96,720,959
- Total Assets
- DKK 167,220,684
- Employees
- 130
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | - | 20.4 mio. | -47.8 mio. | 96.7 mio. | 130 |
| 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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As of December 17, 2025, Kristoffer Abell is registered as director of Formalize ApS.
As of December 4, 2025, is registered as an owner of Formalize ApS with an ownership share of 25%.
As of October 22, 2025, is registered as an owner of Formalize ApS with an ownership share of 5%.
As of October 21, 2025, Fritz Friedrich Oidtmann has joined the board of directors of Formalize ApS.
As of October 21, 2025, Kristoffer Abell has left the board of directors of Formalize ApS.
Formalize ApS has published its annual report for 2024. Gross profit came to DKK 7,130,779, and the net result was DKK -36,883,522.
As of March 7, 2025, Christian Lynge Hjorth has joined the board of directors of Formalize ApS.
As of March 7, 2025, Brian Gottorp Jeppesen has left the board of directors of Formalize ApS.
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.