Fundies.
English

esef:984500981D136F0C7018

ESEF
Report (type unavailable) · filed 2026-04-07

Annual consolidated revenue for 2025: about DKK 19.25B, using the latest reported figures. The previous period, 2024, was about DKK 19.67B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest fiscal year

Revenue

19.3 billion DKK

2025 · DKK

Exact inputs and evidence
  • Revenue: 19251000000 DKK Source

Operating margin

9.91%

2025 · %

Exact inputs and evidence
  • Operating Income: 1907000000 DKK Source
  • Revenue: 19251000000 DKK Source

Operating cash flow

2.82 billion DKK

2025 · DKK

Exact inputs and evidence
  • Operating Cash Flow: 2824000000 DKK Source
Cash and cash equivalents
816 million DKK Source
Exact value

816000000 DKK

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-04-07.

Financial data available through: 2025-09-30.

Coverage by financial measure
  • Revenue: 2 of 11 periods available· newest 2025-09-30
  • Operating income: 2 of 11 periods available· newest 2025-09-30
  • Net income: 2 of 11 periods available· newest 2025-09-30
  • Operating cash flow: 2 of 11 periods available· newest 2025-09-30
  • capital expenditure: No compatible figures in this window
  • Total assets: 2 of 11 periods available· newest 2025-09-30
  • Total liabilities: 2 of 11 periods available· newest 2025-09-30
  • Current assets: 2 of 11 periods available· newest 2025-09-30
  • Current liabilities: 2 of 11 periods available· newest 2025-09-30
  • Cash and cash equivalents: 2 of 11 periods available· newest 2025-09-30
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -2.2%

    Prior period

    DKK 19.67 billion

    –

    Current period

    DKK 19.25 billion

    –

    Exact inputs and evidence

    19251000000 − 19674000000 = -423000000 DKK

    19674000000 DKK · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    19251000000 DKK · 2024-10-01 – 2025-09-30

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    +DKK 4.24 billion

    Prior period

    −DKK 4.77 billion

    –

    Current period

    −DKK 536 million

    –

    Exact inputs and evidence

    -536000000 − -4771000000 = 4235000000 DKK

    -4771000000 DKK · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    -536000000 DKK · 2024-10-01 – 2025-09-30

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    +39.6%

    Prior period

    DKK 2.02 billion

    –

    Current period

    DKK 2.82 billion

    –

    Exact inputs and evidence

    2824000000 − 2023000000 = 801000000 DKK

    2023000000 DKK · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    2824000000 DKK · 2024-10-01 – 2025-09-30

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2024-10-01 – 2025-09-30

  • Revenue DKK 19.25 billion 100% of revenue
  • Cost of revenue DKK 7.16 billion 37% of revenue
  • Operating expenses DKK 10.15 billion 53% of revenue
  • Operating income DKK 1.91 billion 9.9% of revenue
  • Tax, interest and other Derived DKK 2.44 billion 13% of revenue
  • Net income −DKK 536 million −2.8% of revenue

Cash

  • Operating cash flow DKK 2.82 billion 15% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2024 Operating loss: operating costs were 139% of revenue.
  • 2025 Net loss: net income was −2.8% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2024 2023-10-01 – 2024-09-3019674000000 27267000000 Derived -7593000000 -2822000000 Derived -4771000000 Unavailable
Source
2025 2024-10-01 – 2025-09-3019251000000 17344000000 Derived 1907000000 2443000000 Derived -536000000 Unavailable
Source

Amounts are exact, in DKK.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

DKK 19.3B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21.2B15.9B10.6B5.3B0.020242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(DKK)Source evidence
2024Revenue19674000000
2025Revenue19251000000

Revenue growth

Change in revenue from the same financial period one year earlier.

-2.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.17%-0.45%-1.08%-1.70%-2.32%20242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2024Year over yearNo prior comparable period
2025Year over year-2.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 9.9% 2025
Net margin -2.8% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14%-0%-14%-28%-42%20242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2024Operating margin-38.6%
2025Operating margin9.9%
2024Net margin-24.3%
2025Net margin-2.8%
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

DKK 2.8B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.0B2.3B1.5B762.5M0.020242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(DKK)Source evidence
2024Operating cash flow2023000000
2025Operating cash flow2824000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(DKK)Source evidence
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

76.3% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.90%68%45%23%0%20242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2024Liabilities / assets83.8%
2025Liabilities / assets76.3%

Current assets to current liabilities

Current assets divided by current liabilities.

1.03× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.11×0.83×0.56×0.28×0.00×20242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2024Current assets / current liabilities0.97×
2025Current assets / current liabilities1.03×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2024 2023-10-01 – 2024-09-30
−DKK 4.77 billion
Exact value

Exact value: -4771000000 DKK

2023-10-01 – 2024-09-30: -4771000000 DKK Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

DKK 2.02 billion
Exact value

Exact value: 2023000000 DKK

2023-10-01 – 2024-09-30: 2023000000 DKK Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2024-10-01 – 2025-09-30
−DKK 536 million
Exact value

Exact value: -536000000 DKK

2024-10-01 – 2025-09-30: -536000000 DKK Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

DKK 2.82 billion
Exact value

Exact value: 2824000000 DKK

2024-10-01 – 2025-09-30: 2824000000 DKK Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

1 filings · 174 latest values · 174 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 984500981D136F0C7018, esef:984500981D136F0C7018