CVR 37369195Private limited company (ApS)Forskning og eksperimentel udvikling inden for samfundsvidenskab og humanistiske videnskaber (722000)ValbyFounded 4 Jan 2016
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about AFFORD ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexEmployees
1
CVR registry, 2021
Revenue
230K
DKK, annual report 2025
+781.1% on 2024
Result
-43.6K
DKK, annual report 2025
Equity
17.7K
DKK, annual report 2025
Flemming Balvig50% to under 66.7% of capital and votes, until 10 Apr 2026
Lars Holmberg50% to under 66.7% of capital and votes, until 10 Apr 2026
Flemming Balviguntil 10 Apr 2026
Lars Holmberguntil 10 Apr 2026
Equity of 17.7K DKK was below half the share capital of 50K DKK at 31 Dec 2025. Under the Companies Act (selskabsloven § 119) management must then account for the company's finances at a general meeting. Dandex estimate, computed 30 Oct 2026.
No current owner is registered.
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
50% to under 66.7% of capital and votes4 Jan 2016 to 10 Apr 2026
50% to under 66.7% of capital and votes4 Jan 2016 to 10 Apr 2026
CVR lists no current officers for this company.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
4 Jan 2016 to 30 Oct 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 702 | 138 | 290 | 26 | 230 |
| Operating profit | +100 | +76 | +157 | -46 | -42 |
| Result for the year | +74 | +57 | +123 | -46 | -44 |
| Equity | 84 | 141 | 108 | 61 | 18 |
| Total assets | 114 | 155 | 191 | 111 | 38 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | -35.3% | -80.4% | 110.4% | -91% | 781.1% |
| EBIT margin (overskudsgrad) | 14.2% | 55% | 54.3% | -175.8% | -18.2% |
| EBITDA | 104 | 79 | 160 | -44 | -41 |
| EBITDA margin | 14.7% | 57.1% | 55% | -169.6% | -17.7% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -87note 1 | -131note 1 | -170note 1 | -76note 1 | -4note 1 |
| Gearing, NIBD / EBITDA | Net cashnote 1 | Net cashnote 1 | Net cashnote 1 | n.m.note 2 | n.m.note 2 |
| ROIC (afkast af investeret kapital) | 1,055.1%note 1 | 1,716%note 1 | n.m.note 3 | n.m.note 3 | n.m.note 3 |
| Capex (investeringer i anlægsaktiver) | 0note 4 | 0note 4 | 0note 4 | 0note 4 | 0note 4 |
| Capex % of sales (investeringer i procent af omsætningen) | 0%note 4 | 0%note 4 | 0%note 4 | 0%note 4 | 0%note 4 |
DKK thousands. Annual reports via XBRL.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. No cash flow statement filed (class A and B are exempt).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 1 Feb 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 12 Mar 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 4 Mar 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 16 Apr 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 31 Jan 2022
1 registered in CVR.
P-number 1021058544Bykildevej 12, 2500 Valby
