Penneo Logo

Penneo

ISIN

DK0061283009

Ticker

PENNEO

Sector

Information Technology

Sub-Industry

Application Software

Country

Denmark

Year Founded

2014

About Penneo

Company Description

Penneo was founded in 2014 with the ambition of reducing the hassle of getting documents signed by delivering a digital signature platform.

Since then, Penneo has evolved into a set of solutions for automating workflows related to client onboarding (KYC), signing, and document management. Its powerful solutions help organizations in regulated industries to meet compliance requirements in an efficient and secure way.

With Penneo, companies reduce time spent on administrative tasks and operational costs, while improving productivity and the end-user experience.

Headquarters

Enghavevej 40
1674, Copenhagen
Denmark

Financial statements

Download as Excel
Line item in (dkk) 01.01.2020 01.01.2021 01.04.2021 01.07.2021 01.10.2021 01.01.2022 01.04.2022 01.07.2022 01.10.2022 01.01.2023 01.04.2023 01.07.2023 01.10.2023 01.01.2024 01.04.2024
Assets N/A 95,889,090.00 N/A 88,677,561.00 90,664,143.00 104,481,061.00 153,656,419.00 148,745,984.00 146,120,375.00 151,990,705.00 142,405,995.00 135,676,104.00 129,536,646.00 140,749,034.00 127,831,534.00
Noncurrent Assets N/A 52,619,085.00 N/A 55,726,343.00 57,525,532.00 60,416,763.00 62,785,732.00 64,787,146.00 67,688,951.00 71,148,888.00 72,870,040.00 74,861,140.00 77,050,907.00 80,589,339.00 82,835,645.00
Property Plant And Equipment N/A 734,739.00 N/A 754,708.00 760,171.00 1,227,193.00 1,191,369.00 1,182,766.00 1,148,836.00 1,094,886.00 1,024,248.00 948,008.00 889,503.00 804,988.00 720,472.00
Intangible Assets Other Than Goodwill N/A N/A N/A 39,572,534.00 N/A 45,048,292.00 47,888,029.00 50,527,591.00 N/A N/A N/A N/A N/A N/A N/A
Current Assets N/A 43,270,005.00 N/A 32,951,218.00 33,138,610.00 44,064,299.00 90,870,687.00 83,958,838.00 78,431,424.00 80,841,817.00 69,535,955.00 60,814,964.00 52,485,739.00 60,159,696.00 44,995,889.00
Current Trade Receivables N/A 8,660,841.00 N/A 12,402,583.00 5,868,575.00 11,830,821.00 8,785,753.00 9,232,572.00 9,231,783.00 19,980,670.00 8,648,313.00 11,806,993.00 10,119,040.00 15,837,505.00 8,191,501.00
Current Prepayments N/A 800,486.00 N/A 657,912.00 339,898.00 2,039,272.00 2,494,245.00 1,627,683.00 1,546,190.00 2,198,270.00 2,694,792.00 2,508,450.00 1,991,149.00 2,097,320.00 2,848,795.00
Other Current Receivables N/A 1,016.00 N/A 0.00 401.00 22,325.00 25,142.00 612.00 210,464.00 1,585.00 7,650.00 4,436.00 2,059.00 1,734.00 0.00
Current Tax Assets Current N/A 1,964,811.00 N/A 4,177,874.00 5,364,335.00 4,756,084.00 6,186,654.00 7,573,236.00 9,106,208.00 5,500,000.00 7,151,151.00 5,500,000.00 5,500,000.00 0.00 0.00
Cash and cash equivalents 8,217,139.00 31,842,851.00 17,085,481.00 15,712,849.00 21,565,401.00 25,415,797.00 73,378,894.00 65,524,735.00 58,336,779.00 53,161,291.00 51,034,048.00 40,995,085.00 34,873,492.00 42,223,136.00 33,955,592.00
Cash N/A 31,842,851.00 N/A 15,712,850.00 21,565,401.00 25,415,797.00 73,378,894.00 65,524,735.00 58,336,779.00 53,161,291.00 51,034,048.00 40,995,085.00 34,873,491.00 42,223,136.00 33,955,592.00
Equity And Liabilities N/A 95,889,090.00 N/A 88,677,561.00 90,664,143.00 104,481,061.00 153,656,419.00 148,745,984.00 146,120,374.00 151,990,705.00 142,405,995.00 135,676,104.00 129,536,646.00 140,749,034.00 127,831,534.00
Equity 8,955,476.00 57,576,051.00 51,800,878.00 51,535,206.00 54,741,542.00 57,043,664.00 111,197,425.00 106,438,591.00 102,993,277.00 105,501,146.00 102,158,821.00 94,793,385.00 85,414,949.00 94,088,720.00 85,719,675.00
Issued Capital N/A 502,615.00 N/A 502,615.00 541,474.00 542,579.00 632,792.00 638,401.00 642,333.00 642,933.00 660,140.00 663,354.00 668,654.00 681,825.00 681,825.00
Retained Earnings N/A 35,227,386.00 N/A 23,237,051.00 22,017,275.00 12,050,329.00 64,760,096.00 55,164,352.00 46,432,178.00 44,232,570.00 37,948,232.00 26,297,561.00 12,892,173.00 20,835,341.00 7,691,995.00
Treasury Shares N/A -7,177.00 N/A -7,177.00 -7,177.00 -7,177.00 -4,589.00 -4,477.00 -4,477.00 -4,477.00 -3,422.00 -3,422.00 -3,422.00 -3,431.00 -1,995.00
Capital Reserve N/A 5,910,269.00 N/A 8,235,686.00 10,604,604.00 13,842,673.00 12,194,304.00 14,221,156.00 16,075,841.00 17,396,193.00 17,775,220.00 19,101,978.00 20,077,338.00 19,170,233.00 19,201,452.00
Liabilities N/A 38,313,039.00 N/A 37,142,356.00 35,922,601.00 47,437,397.00 42,458,994.00 42,307,392.00 43,127,097.00 46,489,559.00 40,247,175.00 40,882,719.00 44,121,697.00 46,660,314.00 42,111,859.00
Noncurrent Liabilities N/A 21,357,042.00 N/A 19,013,681.00 18,204,748.00 28,810,003.00 27,445,431.00 25,924,592.00 24,145,282.00 23,580,983.00 25,355,680.00 24,593,883.00 23,804,021.00 23,781,764.00 22,456,457.00
Noncurrent Provisions N/A 432,267.00 N/A 437,841.00 440,656.00 442,790.00 445,640.00 448,509.00 451,396.00 454,302.00 457,227.00 460,170.00 463,133.00 466,114.00 469,115.00
Noncurrent Contract Liabilities N/A 447,851.00 N/A 425,458.00 414,262.00 403,066.00 391,870.00 380,673.00 369,477.00 358,281.00 347,085.00 335,888.00 324,692.00 313,496.00 302,299.00
Other Noncurrent Payables N/A 2,220,843.00 N/A 1,850,411.00 2,363,698.00 2,384,316.00 2,396,178.00 2,417,510.00 2,430,079.00 2,442,713.00 2,455,412.00 2,504,973.00 2,526,394.00 2,548,217.00 2,570,227.00
Longterm Borrowings N/A 4,695,526.00 N/A 3,919,840.00 3,519,538.00 14,366,991.00 13,481,227.00 12,569,867.00 11,642,987.00 10,699,587.00 13,173,222.00 13,078,010.00 12,980,365.00 12,972,425.00 12,188,132.00
Current Liabilities N/A 16,955,997.00 N/A 18,128,674.00 17,717,853.00 18,627,395.00 15,013,563.00 16,382,801.00 18,981,814.00 22,908,576.00 14,891,495.00 16,288,836.00 20,317,676.00 22,878,550.00 19,655,401.00
Trade And Other Current Payables To Trade Suppliers N/A 2,665,906.00 N/A 2,629,756.00 3,380,725.00 4,487,375.00 2,720,661.00 2,543,884.00 2,779,502.00 2,691,826.00 1,101,317.00 2,112,033.00 1,184,127.00 2,898,440.00 3,256,473.00
Current Contract Liabilities N/A 4,063,593.00 N/A 3,975,025.00 3,812,397.00 4,216,457.00 4,093,486.00 4,105,390.00 4,391,182.00 5,104,931.00 4,651,917.00 4,441,184.00 4,397,705.00 5,332,142.00 5,305,374.00
Other Current Payables N/A 7,848,086.00 N/A 8,123,777.00 6,312,497.00 7,245,187.00 4,661,396.00 5,333,464.00 6,113,561.00 8,606,762.00 5,927,118.00 6,513,515.00 11,508,598.00 11,189,098.00 6,782,564.00
Line item in (dkk) 01.01.2020/
01.01.2021
01.01.2021/
01.04.2021
01.01.2021/
01.07.2021
01.01.2021/
01.10.2021
01.01.2021/
01.01.2022
01.04.2021/
01.07.2021
01.07.2021/
01.10.2021
01.01.2022/
01.04.2022
01.01.2022/
01.07.2022
01.01.2022/
01.10.2022
01.01.2022/
01.01.2023
01.04.2022/
01.07.2022
01.07.2022/
01.10.2022
01.01.2023/
01.04.2023
01.01.2023/
01.07.2023
01.01.2023/
01.10.2023
01.04.2023/
01.07.2023
01.07.2023/
01.10.2023
01.01.2024/
01.04.2024
Revenue 35,533,705.00 10,860,201.00 26,692,977.00 35,821,532.00 54,280,225.00 15,832,776.00 9,128,555.00 14,354,746.00 31,920,354.00 46,669,105.00 72,057,638.00 17,565,608.00 14,748,751.00 18,043,494.00 39,977,744.00 55,881,830.00 21,934,250.00 15,904,086.00 21,187,626.00
Other Income 0.00 11,196.00 22,393.00 33,589.00 44,785.00 11,197.00 11,196.00 11,196.00 22,393.00 33,589.00 44,785.00 11,196.00 11,196.00 11,196.00 22,393.00 33,589.00 11,197.00 11,196.00 11,196.00
Other Work Performed By Entity And Capitalised N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4,256,477.00 N/A N/A N/A N/A 5,591,227.00
Employee Benefits Expense 28,644,140.00 9,140,370.00 19,768,728.00 31,509,823.00 44,239,638.00 10,628,358.00 11,741,094.00 13,399,421.00 26,888,922.00 38,653,368.00 52,839,080.00 13,489,502.00 11,764,446.00 21,426,086.00 34,052,144.00 49,373,405.00 16,882,535.00 15,321,261.00 21,415,398.00
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 5,202,220.00 1,976,556.00 3,955,154.00 5,817,791.00 7,682,379.00 1,978,598.00 1,862,637.00 2,478,355.00 4,958,422.00 7,476,941.00 10,012,975.00 2,480,067.00 2,518,519.00 3,648,675.00 7,297,783.00 10,949,669.00 3,649,108.00 3,651,886.00 4,808,221.00
Other Expense By Nature 2,303,555.00 300,000.00 639,121.00 639,121.00 1,017,363.00 339,121.00 0.00 0.00 2,365,758.00 2,365,758.00 2,365,758.00 2,365,758.00 0.00 0.00 0.00 0.00 0.00 0.00 41,308.00
Profit Loss From Operating Activities -16,244,892.00 -6,954,734.00 -9,962,646.00 -19,903,615.00 -22,723,098.00 -3,007,912.00 -9,940,969.00 -8,474,398.00 -16,977,676.00 -24,155,372.00 -23,460,907.00 -8,503,278.00 -7,177,696.00 -10,273,088.00 -17,546,791.00 -28,633,597.00 -7,273,703.00 -11,086,806.00 -8,557,192.00
Finance Income 93,132.00 20,135.00 34,505.00 45,886.00 128,363.00 14,370.00 11,381.00 -5,516.00 35,121.00 112,363.00 122,528.00 40,637.00 77,242.00 9,291.00 26,350.00 48,378.00 17,059.00 22,028.00 22,435.00
Finance Costs 1,139,027.00 399,304.00 651,185.00 978,271.00 1,576,313.00 251,881.00 327,087.00 399,923.00 1,261,797.00 1,885,626.00 2,420,728.00 861,874.00 623,829.00 517,620.00 1,034,201.00 1,542,479.00 516,581.00 508,278.00 618,858.00
Profit Loss Before Tax -17,290,786.00 -7,333,903.00 -10,579,325.00 -20,836,000.00 -24,171,048.00 -3,245,422.00 -10,256,675.00 -8,879,836.00 -18,204,351.00 -25,928,634.00 -25,759,107.00 -9,324,515.00 -7,724,283.00 -10,781,417.00 -18,554,642.00 -30,127,698.00 -7,773,225.00 -11,573,056.00 -9,153,614.00
Income Tax Expense Continuing Operations -4,488,137.00 -1,049,970.00 -2,213,063.00 -3,392,924.00 -5,536,417.00 -1,163,093.00 -1,179,861.00 -1,430,570.00 -2,817,152.00 -4,350,124.00 -5,500,000.00 -1,386,582.00 -1,532,972.00 -1,651,151.00 0.00 0.00 1,651,151.00 0.00 0.00
Profit (loss) -12,802,649.00 -6,283,933.00 -8,366,262.00 -17,443,076.00 -18,634,631.00 -2,082,329.00 -9,076,814.00 -7,449,266.00 -15,387,199.00 -21,578,510.00 -20,259,107.00 -7,937,933.00 -6,191,311.00 -9,130,266.00 -18,554,642.00 -30,127,698.00 -9,424,376.00 -11,573,056.00 -9,153,614.00
Line item in (dkk) 01.01.2020 01.01.2021 01.04.2021 01.07.2021 01.10.2021 01.01.2022 01.04.2022 01.07.2022 01.10.2022 01.01.2023 01.04.2023 01.07.2023 01.10.2023 01.01.2024 01.04.2024
Profit (loss) N/A -12,802,649.00 -6,283,933.00 -2,082,329.00 -9,076,814.00 -18,634,631.00 -7,449,266.00 -7,937,933.00 -6,191,311.00 -20,259,107.00 -9,130,266.00 -9,424,376.00 -11,573,056.00 N/A -9,153,614.00
Adjustments For Sharebased Payments N/A 1,367,576.00 508,761.00 2,325,417.00 4,977,892.00 8,227,765.00 2,962,358.00 5,219,564.00 7,114,566.00 8,443,200.00 1,894,453.00 3,252,327.00 4,277,397.00 N/A 784,569.00
Cash Flows From Used In Operating Activities N/A -8,737,723.00 -10,600,077.00 -7,944,529.00 -7,462,093.00 -8,079,301.00 -5,241,924.00 -8,784,402.00 -10,839,141.00 -10,043,589.00 948,112.00 -3,288,735.00 -3,874,049.00 N/A -655,362.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 3,750,000.00 N/A N/A N/A 0.00 N/A N/A N/A N/A N/A N/A N/A N/A N/A
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 612,085.00 60,077.00 112,692.00 168,221.00 687,259.00 16,849.00 62,428.00 84,159.00 103,386.00 12,145.00 19,120.00 45,131.00 N/A 0.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 8,930,476.00 3,558,002.00 6,920,633.00 10,526,850.00 14,763,630.00 4,636,077.00 9,071,978.00 14,131,562.00 19,149,425.00 5,224,805.00 10,858,037.00 16,582,299.00 N/A 6,636,048.00
Cash Flows From Used In Investing Activities N/A -13,438,589.00 -3,626,669.00 -7,063,511.00 -10,725,313.00 -15,481,131.00 -4,685,991.00 -9,167,471.00 -14,365,953.00 -19,403,043.00 -5,369,828.00 -11,010,035.00 -16,848,733.00 N/A -6,631,339.00
Proceeds From Issuing Shares N/A 52,019,954.00 0.00 0.00 9,654,076.00 9,904,480.00 61,732,115.00 62,946,035.00 63,797,031.00 63,933,231.00 3,893,487.00 4,605,753.00 5,775,303.00 N/A 0.00
Proceeds From Borrowings Classified As Financing Activities N/A 5,000,000.00 N/A N/A N/A 10,000,000.00 N/A N/A N/A 0.00 N/A N/A N/A N/A N/A
Repayments Of Borrowings Classified As Financing Activities N/A 5,000,000.00 0.00 0.00 0.00 372,778.00 78,883.00 160,498.00 243,757.00 328,668.00 822,051.00 908,061.00 995,785.00 N/A 92,917.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 2,122,058.00 530,624.00 1,121,962.00 1,714,120.00 2,368,323.00 670,776.00 1,341,254.00 2,043,725.00 2,752,596.00 776,964.00 1,553,928.00 2,333,335.00 N/A 887,926.00
Cash Flows From Used In Financing Activities N/A 45,802,024.00 -530,624.00 -1,121,962.00 7,909,956.00 17,133,378.00 57,891,011.00 58,060,811.00 58,126,076.00 57,192,126.00 2,294,472.00 2,132,564.00 2,434,983.00 N/A -980,843.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 23,625,712.00 -14,757,370.00 -16,130,002.00 -10,277,450.00 -6,427,054.00 47,963,097.00 40,108,938.00 32,920,982.00 27,745,494.00 -2,127,243.00 -12,166,206.00 -18,287,800.00 N/A -8,267,544.00
Cash and cash equivalents 8,217,139.00 31,842,851.00 17,085,481.00 15,712,849.00 21,565,401.00 25,415,797.00 73,378,894.00 65,524,735.00 58,336,779.00 53,161,291.00 51,034,048.00 40,995,085.00 34,873,492.00 42,223,136.00 33,955,592.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2024 - Q4 English 🇬🇧 Published: 29.05.2024
  • Consolidated Report 2023 - Q4 English 🇬🇧 Published: 01.06.2023
  • Consolidated Report 2022 - Q4 English 🇬🇧
  • Consolidated Report 2021 - Q4 English 🇬🇧

Capital Markets Information

ISIN

DK0061283009

LEI

894500LB8PNE5C7CEM91

Industry Group

Software & Services

Industry

Software

Listed Stock Exchange

Nasdaq Copenhagen

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