Krak A/S
A/SActiveCVR 18936984Olivia Hansens Gade 3, 1799 København VOther publishing activities, except software publishing· NACE 5819Est. 1995 · 30 years old38 employees
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Overview
Krak A/S is a Danish A/S based in København V, operating in the Other publishing activities, except software publishing sector. Incorporated in 1995, the company has 38 employees and reported revenue of DKK 83.4m in its latest annual filing.
Revenue 2025
83.4M DKK
−9% vs 2024
EBITDA margin
9.0 %
−34% vs 2024
Net profit 2025
9.1M DKK
-43% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
29.0 %
AverageAround the average of companies in the same industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.6×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
14.5 %
StrongAmong the 30% highest rated companies in the industry
20212025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Revenue | 83.4M DKK | -9% |
| EBITDA | 7.5M DKK | -34% |
| Net profit | 9.1M DKK | -43% |
| Total assets | 62.7M DKK | -17% |
| Equity | 18.2M DKK | -24% |
| Employees | 38 | — |
Company information
Legal name
Krak A/S
CVR number
18936984
Legal form
Aktieselskab
NACE code
Founded
1 November 1995 · 30 years
Share capital
DKK 2,000,000
Employees
38 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør eller af den samlede direktion.
Company purpose
Selskabets formål er at drive forlags- og informationsvirksomhed, udbyde telekommunikationstjenester, samt at drive anden dermed efter bestyrelsens skøn foreneling virksomhed.
(no translation available)
Contact
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Financial development
In its most recent annual report (2025), Krak A/S reported revenue of DKK 83.4m, a decrease of 9% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 9.1m, and the EBITDA margin stood at 9%.
At the end of 2025, equity financed 29% of the balance sheet, and current assets covered short-term debt 1.6 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 83,419 | 91,863 | 107,459 | 108,086 | 106,564 |
| Staff expenses | -31,730 | -39,805 | -41,418 | -39,350 | -38,912 |
| EBITDA | 7,524 | 11,422 | 6,800 | 15,871 | 20,607 |
| Depreciation & amort. | -69 | -143 | -776 | -367 | -1,576 |
| EBIT | 7,455 | 11,279 | 6,024 | 15,504 | 19,031 |
| Net financials | 1,308 | 2,772 | 2,019 | -77 | -161 |
| Profit before tax | 8,763 | 14,051 | 8,043 | 15,427 | 18,870 |
| Tax | -0 | -1,900 | -4,342 | -0 | 416 |
| Net profit | 9,117 | 15,951 | 12,385 | 15,427 | 18,454 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 62,661 | 75,829 | 76,533 | 68,382 | 77,042 |
| Equity | 18,162 | 24,045 | 28,094 | 15,709 | 281 |
| Long-term debt | 5,533 | 5,443 | 0 | 0 | 0 |
| Short-term debt | 38,966 | 46,341 | 42,941 | 47,208 | 71,284 |
| Total debt | 44,499 | 51,784 | 42,941 | 47,208 | 71,284 |
Financial ratios
5-year trendEBITDA margin
9.0 %
20212025
Equity ratio
29.0 %
AverageAround the average of companies in the same industry
20212025
Return on equity
50.2 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Net profit margin
10.9 %
StrongAmong the 40% highest rated companies in the industry
20212025
Asset turnover
1.33×
StrongAmong the 40% highest rated companies in the industry
20212025
Debt / equity
2.45×
WeakAmong the 30% lowest rated companies in the industry
20212025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 40% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 40% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 10% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 30% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 30% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
One-year change in equityWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Annual reports & filings
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (21)
NV Management | Management | 1996 – 1998 |
HA Management | Management | 2022 – 2026 |
HD Chief Executive Officer | Chief Executive Officer | 2004 – 2009 |
MB Management | Management | 2021 – 2021 |
SK Chief Executive Officer | Chief Executive Officer | 2015 – 2016 |
BS Chief Executive Officer | Chief Executive Officer | 2002 – 2002 |
JH Chief Executive Officer | Chief Executive Officer | 2010 – 2010 |
PE Management | Management | 1995 – 1995 |
AK Chief Executive Officer | Chief Executive Officer | 2015 – 2015 |
ET | Audit | 1995 – 1995 |
BM Chief Executive Officer | Chief Executive Officer | 2018 – 2019 |
AL Management | Management | 2019 – 2021 |
FR Management | Management | 1995 – 1996 |
RP Management | Management | 2021 – 2022 |
BS Chief Executive Officer | Chief Executive Officer | 2002 – 2004 |
HM Chief Executive Officer | Chief Executive Officer | 2009 – 2010 |
ST Management | Management | 1998 – 2002 |
MB Management | Management | 1999 – 1999 |
HB Management | Management | 2007 – 2009 |
CM Chief Executive Officer | Chief Executive Officer | 2010 – 2011 |
FS Chief Executive Officer | Chief Executive Officer | 2016 – 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
HA Board of Directors | Board of Directors | 2026 |
MA Board of Directors | Board of Directors | 2026 |
JF Chairman | Chairman | 2026 |
Former (54)
US Chairman | Chairman | 1995 – 1995 |
RM Chairman | Chairman | 2014 – 2015 |
KB Board of Directors | Board of Directors | 2000 – 2003 |
Mv Board of Directors | Board of Directors | 2025 – 2026 |
DJ Board of Directors | Board of Directors | 2003 – 2004 |
JJ Board of Directors | Board of Directors | 2009 – 2011 |
JE Board of Directors | Board of Directors | 1997 – 1998 |
MI Board of Directors | Board of Directors | 2007 – 2008 |
MG Board of Directors | Board of Directors | 2003 – 2003 |
KJ Chairman | Chairman | 1997 – 1999 |
LJ Chairman | Chairman | 2008 – 2008 |
BJ Board of Directors | Board of Directors | 1999 – 2000 |
HA Board of Directors | Board of Directors | 2022 – 2026 |
OI Board of Directors | Board of Directors | 1998 – 2000 |
CM Board of Directors | Board of Directors | 2003 – 2005 |
MM Board of Directors | Board of Directors | 2008 – 2009 |
MB Chairman | Chairman | 2019 – 2021 |
HT Chairman | Chairman | 2005 – 2008 |
JJ Chairman | Chairman | 2008 – 2010 |
AL Board of Directors | Board of Directors | 2018 – 2021 |
PJ Board of Directors | Board of Directors | 1999 – 2000 |
SK Chairman | Chairman | 2015 – 2015 |
JA Chairman | Chairman | 2010 – 2014 |
BS Board of Directors | Board of Directors | 1995 – 1997 |
MV Board of Directors | Board of Directors | 2008 – 2008 |
PE Board of Directors | Board of Directors | 1995 – 1995 |
HG Board of Directors | Board of Directors | 2015 – 2016 |
HA Board of Directors | Board of Directors | 2022 – 2023 |
HG Board of Directors | Board of Directors | 2011 – 2015 |
JK Board of Directors | Board of Directors | 2023 – 2025 |
FS Chairman | Chairman | 2015 – 2016 |
CA Board of Directors | Board of Directors | 1995 – 1997 |
PJ Board of Directors | Board of Directors | 2003 – 2003 |
JP Chairman | Chairman | 2003 – 2003 |
AK Board of Directors | Board of Directors | 2015 – 2015 |
BM Board of Directors | Board of Directors | 2018 – 2019 |
PA Board of Directors | Board of Directors | 1997 – 1997 |
AK Board of Directors | Board of Directors | 2008 – 2014 |
JM Board of Directors | Board of Directors | 2008 – 2014 |
FR Board of Directors | Board of Directors | 1998 – 2000 |
CM Board of Directors | Board of Directors | 2016 – 2018 |
LE Board of Directors | Board of Directors | 1996 – 1997 |
CB Board of Directors | Board of Directors | 1997 – 1998 |
ME Board of Directors | Board of Directors | 2014 – 2015 |
IE Board of Directors | Board of Directors | 2005 – 2007 |
LI Chairman | Chairman | 1999 – 2003 |
BW Board of Directors | Board of Directors | 2000 – 2000 |
ÖF Chairman | Chairman | 2016 – 2019 |
ST Board of Directors | Board of Directors | 1998 – 2000 |
JL Board of Directors | Board of Directors | 2000 – 2004 |
SF Board of Directors | Board of Directors | 2025 – 2025 |
EC Board of Directors | Board of Directors | 2019 – 2021 |
JF Chairman | Chairman | 2022 – 2026 |
HC Board of Directors | Board of Directors | 1995 – 1995 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Eniro Treasury AB | Company | 100% | 100% | 2017 |
Eniro AB | Company | 100% | 100% | 2000 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
One in three Danish companies experiences fraud
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Related companies
Company hierarchy
Eniro Treasury AB100%Eniro AB100%
Krak A/S (this company)Board network connections
Board members of Krak A/S also hold positions in 286 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Emil Hasselbalch Stakemann | Management | 236 companiesMany roles |
| Allan Krogsgaard Jakobsen | Chief Executive Officer | 11 companiesMany roles |
| Hans Christian Galst | Board of Directors | 11 companiesMany roles |
| Roland Munkerod Andersen | Chairman | 6 companiesMany roles |
| Kaj Juul-Pedersen | Chairman | 4 companies |
| Henrik Dyring | Chief Executive Officer | 3 companies |
| Hans Michael William Thygesen | Chief Executive Officer | 3 companies |
| Ulf Svejgaard Poulsen | Chairman | 3 companies |
| Stefan Kercza | Chief Executive Officer | 2 companies |
| Jeanette Hassel | Chief Executive Officer | 2 companies |
| Erik Tronborg Andersen | Audit | 2 companies |
| Magdalena Bonde | Management | 1 company |
| Hanne Bækager Sjøberg | Management | 1 company |
| Jens Ernest Ottosen-Støtt | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Krak A/S?
Krak A/S is registered with CVR / Virk under CVR 18936984.
What is the revenue of Krak A/S?
Krak A/S reported revenue of DKK 83.4m in 2025.
How many employees does Krak A/S have?
Krak A/S employs 38 people as of the latest annual report.
Who is the chairman of Krak A/S?
John Fredric Forsman chairs the board of Krak A/S, in role since 2026.
Where is Krak A/S headquartered?
Krak A/S's registered address is Olivia Hansens Gade 3, 1..