Riskpilot← Back to searchSign inGet full accessICY Security ApS is a Danish APS based in Ballerup, operating in the Computing infrastructure, data processing, hosting and related activities sector. Incorporated in 2015, the company has 13 employees and reported a gross profit of DKK 1.5m in its latest annual filing.
| Gross profit | 1.5M DKK | -89% |
| EBITDA | -7M DKK | +47% |
| Net profit | -6.1M DKK | +28% |
| Total assets | 10.8M DKK | -18% |
| Equity | -26.6M DKK | -30% |
| Employees | 13 | — |
In its most recent annual report (2025), ICY Security ApS reported a gross profit of DKK 1.5m, a decrease of 89% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 6.1m, and the EBITDA margin stood at -475%.
At the end of 2025, current assets covered short-term debt 0.1 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 1,484 | 13,130 | 28,239 | 44,534 | 37,530 |
| Staff expenses | -8,533 | -26,369 | -45,336 | -44,037 | -33,914 |
| EBITDA | -7,049 | -13,239 | -17,097 | 492 | 3,506 |
| Depreciation & amort. | -19 | -19 | -246 | -332 | -437 |
| EBIT | -7,069 | -13,258 | -17,343 | 160 | 3,069 |
| Net financials | -755 | -188 | -20 | -102 | -152 |
| Profit before tax | -7,823 | -13,446 | -17,363 | 58 | 2,917 |
| Tax | -1,719 | -4,931 | -2,000 | 31 | 657 |
| Net profit | -6,105 | -8,515 | -15,363 | 27 | 2,260 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 10,821 | 13,149 | 25,417 | 26,004 | 18,944 |
| Equity | -26,646 | -20,541 | -12,026 | 3,337 | 3,810 |
| Long-term debt | 0 | 0 | 1,439 | 2,036 | 1,988 |
| Short-term debt | 37,467 | 33,690 | 36,004 | 20,192 | 13,090 |
| Total debt | 37,467 | 33,690 | 37,443 | 22,229 | 15,078 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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 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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
SM Management | Management | 2026 |
SK Chief Executive Officer | Chief Executive Officer | 2023 |
JB Management | Management | 2023 – 2026 |
KT Chief Executive Officer | Chief Executive Officer | 2015 – 2020 |
KB Management | Management | 2018 – 2021 |
CA Chief Executive Officer | Chief Executive Officer | 2020 – 2023 |
PR Management | Management | 2018 – 2023 |
No data on file.
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 | |
| Company | 100% | 100% | 2021 | |
| Company | 10–14.99% | 10–14.99% | 2021 | |
| Company | 25–33.32% | 25–33.32% | 2019 | |
| Company | 25–33.32% | 25–33.32% | 2019 | |
| Company | 15–19.99% | 15–19.99% | 2017 | |
| Company | 10–14.99% | 10–14.99% | 2021 | |
| Company | 25–33.32% | 25–33.32% | 2019 |
| Person | Role here | Other companies |
|---|---|---|
| Sven Madsen | Management | 14 companiesMany roles |
| Kristian Birk Thim | Management | 3 companies |
| Søren Krogh Knudsen | Chief Executive Officer | 3 companies |
| Kasper Toft Ahrensburg | Chief Executive Officer | 2 companies |
| Per Ranch Samuelsen | Management | 2 companies |
| Jesper Bonde Gaihede | Management | 1 company |
| Christian Almskou | Chief Executive Officer | 1 company |
Consolidated Holdings A/S
ICY Security ApS