WhistleSafe ApS
APSActiveAdvertising protectionCVR 44412667Ndr Dragørvej 151, 2791 DragørComputer programming activities· NACE 6210Est. 2023 · 2 years old— employees
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Overview
WhistleSafe ApS is a Danish APS based in Dragør, operating in the Computer programming activities sector. Incorporated in 2023, the company reported revenue of DKK 12.5k in its latest annual filing.
Revenue 2025
12.5K DKK
0% vs 2024
EBITDA margin
68.4 %
+15% vs 2024
Net profit 2025
5.2K DKK
+1% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
96.4 %
Very strongAmong the 20% highest rated companies in the industry
20242025
Liquidity ratioCurrent assets ÷ Short-term debt
27.9×
Very strongAmong the 10% highest rated companies in the industry
20242025
Return on assets (ROA)Net profit ÷ Total assets × 100
10.2 %
StrongAmong the 40% highest rated companies in the industry
20242025
EBITDA — year on year
DKKKey figures
Annual report 2025| Revenue | 12.5K DKK | 0% |
| EBITDA | 8.5K DKK | +15% |
| Net profit | 5.2K DKK | +1% |
| Total assets | 51K DKK | +12% |
| Equity | 49.2K DKK | +9% |
| Employees | — | — |
Company information
Legal name
WhistleSafe ApS
CVR number
44412667
Legal form
Anpartsselskab
NACE code
Founded
26 October 2023 · 2 years
Share capital
DKK 40,002
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af den samlede direktion.
Company purpose
Virksomhedens formål er at drive virksomhed med salg af IT baserede løsninger og software samt aktiviteter, der efter direktionens skøn er forbundet hermed.
(no translation available)
Contact
Address
Ndr Dragørvej 151, 2791 Dragør
Advertising protection
Active — opted out of marketing use
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), WhistleSafe ApS reported revenue of DKK 12.5k, broadly in line with the year before. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of DKK 5.2k, and the EBITDA margin stood at 68.4%.
At the end of 2025, equity financed 96.4% of the balance sheet, and current assets covered short-term debt 27.9 times.
Financials
Revenue
DKK thousandsEBITDA
DKKIncome statement
DKK thousands| Item | 2025 | 2024 |
|---|---|---|
| Revenue | 12 | 12 |
| Staff expenses | -0 | -0 |
| EBITDA | 9 | 7 |
| Depreciation & amort. | -0 | -0 |
| EBIT | 9 | 7 |
| Net financials | -2 | -2 |
| Profit before tax | 7 | 5 |
| Tax | 1 | -0 |
| Net profit | 5 | 5 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 |
|---|---|---|
| Total assets | 51 | 46 |
| Equity | 49 | 45 |
| Long-term debt | 0 | 0 |
| Short-term debt | 2 | 0 |
| Total debt | 2 | 0 |
Financial ratios
5-year trendEBITDA margin
68.4 %
20242025
Equity ratio
96.4 %
Very strongAmong the 20% highest rated companies in the industry
20242025
Return on equity
10.6 %
AverageAround the average of companies in the same industry
20242025
Net profit margin
42.0 %
Very strongAmong the 20% highest rated companies in the industry
20242025
Asset turnover
0.24×
AverageAround the average of companies in the same industry
20242025
Debt / equity
0.04×
Very strongAmong the 10% highest rated companies in the industry
20242025
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 marginVery strong
Among the 10% 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 marginVery strong
Among the 20% 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)Average
Around the average of companies in the same 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 40% 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)Average
Around the average of companies in the same 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 ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 ratioVery strong
Among the 10% highest rated companies in the 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 ratioVery strong
Among the 10% highest rated companies in the 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 strong
Among the 10% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 30% highest 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 capitalVery strong
Among the 10% highest rated companies in the 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 ratioVery strong
Among the 20% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery strong
Among the 20% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery strong
Among the 10% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery strong
Among the 10% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery strong
Among the 20% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 10% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 20% lowest 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 turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest 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.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
CN Management | Management | 2023 |
DT Management | Management | 2023 |
PO Management | Management | 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
CN Board of Directors | Board of Directors | 2023 |
DT Board of Directors | Board of Directors | 2023 |
PO Board of Directors | Board of Directors | 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 33.33–49.99% | 33.33–49.99% | 2023 | |
| Company | 33.33–49.99% | 33.33–49.99% | 2023 | |
| Company | 33.33–49.99% | 33.33–49.99% | 2023 |
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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Company hierarchy
CSIT Invest ApS
WhistleSafe ApS Board network connections
Board members of WhistleSafe ApS also hold positions in 9 other companies.
| Person | Role here | Other companies |
|---|---|---|
| David Troutman Madsen | Management | 5 companies |
| Christian Nedergaard Staal | Management | 2 companies |
| Paw Ormstrup Madsen | Management | 2 companies |
Frequently asked questions
What is the CVR number of WhistleSafe ApS?
WhistleSafe ApS is registered with CVR / Virk under CVR 44412667.
What is the revenue of WhistleSafe ApS?
WhistleSafe ApS reported revenue of DKK 12.5k in 2025.
Where is WhistleSafe ApS headquartered?
WhistleSafe ApS's registered address is Ndr Dragørvej 151.