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INNOVATIVE BUSINESS SOFTWARE A/S: Financial statements 2020

CVR: 71047318

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

INNOVATIVE BUSINESS SOFTWARE A/S (CVR 71047318) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 19,940,298 and a net result of DKK 4,698,388 compared with DKK -8,727,767 the year before. That is an increase of 17.7% compared with the year before. Equity in the 2020 report amounted to DKK -9,035,503. The company had 18 employees in the financial year.

Gross Profit
DKK 19,940,298
Profit/Loss
DKK 4,698,388
Equity
DKK -9,035,503
Total Assets
DKK 16,532,002
Employees
18

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-19.9M4.7M-9M18
2019-16.9M-8.7M-13.7M24
2018-13.5M-6M2.2M28
2017-12.2M-4.7M3.2M30
201622.5M13M-4.2M2.9M32

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Events in 2020

INNOVATIVE BUSINESS SOFTWARE A/S: The 2019 annual report is outSep 17, 2020

INNOVATIVE BUSINESS SOFTWARE A/S has published its annual report for 2019. Gross profit came to DKK 16,937,251, and the net result was DKK -8,727,767.

Olivier Kaade joins the board of INNOVATIVE BUSINESS SOFTWARE A/SApr 1, 2020

As of April 1, 2020, Olivier Kaade has joined the board of directors of INNOVATIVE BUSINESS SOFTWARE A/S.

Tage Reinert leaves the board of INNOVATIVE BUSINESS SOFTWARE A/SApr 1, 2020

As of April 1, 2020, Tage Reinert has left the board of directors of INNOVATIVE BUSINESS SOFTWARE A/S.

Lars Nygaard joins INNOVATIVE BUSINESS SOFTWARE A/S as directorApr 1, 2020

As of April 1, 2020, Lars Nygaard is registered as director of INNOVATIVE BUSINESS SOFTWARE A/S.

Tage Reinert steps down as adm. dir. of INNOVATIVE BUSINESS SOFTWARE A/SApr 1, 2020

As of April 1, 2020, Tage Reinert has stepped down as adm. dir. of INNOVATIVE BUSINESS SOFTWARE A/S.

INNOVATIVE BUSINESS SOFTWARE A/S appoints new auditorJan 20, 2020

As of January 20, 2020, CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB has been appointed auditor of INNOVATIVE BUSINESS SOFTWARE A/S.

Auditor steps down at INNOVATIVE BUSINESS SOFTWARE A/SJan 20, 2020

As of January 20, 2020, AIDER Godkendt Revisionsaktieselskab has stepped down as auditor of INNOVATIVE BUSINESS SOFTWARE A/S.

About INNOVATIVE BUSINESS SOFTWARE A/S

INNOVATIVE BUSINESS SOFTWARE A/S is a Danish company of the type Aktieselskab based in København V, founded in 1982. The company is registered under the industry Computerprogrammering. The management consists of Marc Adrian Russell Cooke. The board consists of Stephane Manos (chair), David Felicissimo and Marc Adrian Russell Cooke. The company is owned by Valsoft Corporation Inc.. The company has 1 employee (2023). In 2025, the company reported a gross profit of DKK 7,836,445 and a net result of DKK 6,938,140 compared with DKK 7,859,649 the year before. Equity in the 2025 report amounted to DKK 22,816,576.

Source: annual report 2025, Danish Business Authority