---
title: "Formalize ApS – CVR 42045136, financials and ownership"
description: "Formalize ApS (CVR 42045136). Active · Computerprogrammering · København V. 147 employees (CVR) (Jul 2026). Gross profit 20.4M DKK (2025)."
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---

# Formalize ApS

Formalize ApS \(CVR 42045136\). Active · Computerprogrammering · København V. 147 employees \(CVR\) \(Jul 2026\). Gross profit 20.4M DKK \(2025\).

CVR number: 42045136

## Company details

- **CVR number:** 42045136

- **Status:** Aktiv

- **Address:** Skelbækgade 2 2 tv, 1717, København V

- **Legal form:** Anpartsselskab \(ApS\)

- **Founded:** Jan 21, 2021

- **Employees / FTEs:** 147 / 121

- **Production units:** 2

- **Website:** https://formalize.com/

- **LinkedIn:** formalize-com

- **LEI:** 984500CFB83Q63877867

## Description

Formalize is a company that develops modern compliance software designed to help organizations manage governance, risk and compliance in a structured and scalable way. Its platform automates compliance workflows across data compliance, risk, privacy, information security and whistleblowing.

Formalize provides a configurable compliance platform that automates workflows, controls, policies, audits, risk and incident management, supplier audits, documentation and reporting for compliance professionals.

### Company's own description on virk.dk

Formalize ApS develops and operates software platforms that help organizations manage governance, risk, and compliance obligations. ​​The company operates a subscription based software as a service business model and provides cloud delivered compliance solutions to customers across Europe. ​​The product portfolio consists primarily of: ​Whistleblower Software, which enables secure and anonymous reporting in accordance with European whistleblower protection legislation. ​​Formalize GRC Platform, which supports organizations in managing regulatory compliance within frameworks including DORA, NIS2, and ISO 27001. ​​The company’s solutions are designed to support organizations operating in increasingly regulated environments and enable efficient management of compliance and governance processes.

### Products & services

Compliance platform • GRC workflows • DORA compliance • NIS2 compliance • ISO 27001 compliance • GDPR compliance • Whistleblower Software by Formalize • Risk and incident management • Supplier audit automation • Compliance workflow automation • Integrations and API • Formalize IQ

### Industries

Compliance software • Governance, risk and compliance \(GRC\) • Information security • Data protection and privacy • Whistleblowing compliance

### Customer types

Companies • Organizations • Compliance professionals • Critical infrastructure organizations • Enterprises

### Customers & references

Fieldfisher • BDO • DLA Piper • Osborne Clarke • Arcano Partners

## Activities and industry

- Computerprogrammering

- 621000 — Computerprogrammering

## Latest financial period

- **Reporting period:** 2025

- **Currency:** DKK

- **Gross profit:** 20,425,808

- **Operating profit:** -46,031,797

- **Profit after tax:** -47,767,438

- **Assets:** 167,220,684

- **Equity:** 96,720,959

## People

| Person | Roles | Titles |
| --- | --- | --- |
| [Christian Lynge Hjorth](https://datapublica.dk/en/people/pid_entity_4000364613-christian-lynge-hjorth) | Board | FORMAND |
| [Jakob Emanuel Loftlund Lilholm](https://datapublica.dk/en/people/pid_entity_4006862280-jakob-emanuel-loftlund-lilholm) | Board • Management | BESTYRELSESMEDLEM • ADM. DIR. |
| [Kristoffer Abell](https://datapublica.dk/en/people/pid_entity_4006513508-kristoffer-abell) | Board • Management | BESTYRELSESMEDLEM • DIREKTØR |

## Auditor

| Audit firm | Auditor | Role | From |
| --- | --- | --- | --- |
| Deloitte Statsautoriseret Revisionspartnerselskab | Mads Fauerskov | State Authorised Public Accountant | May 13, 2026 |
| Deloitte Statsautoriseret Revisionspartnerselskab | Jonas Thøstesen Svensson | State Authorised Public Accountant | May 13, 2026 |

## Contact

### From [cvr.dk](https://datacvr.virk.dk/)

Branches \(1\)

Formalize ApS · Frederiksgade 25 4 · P-1026710517

| Contact | Phone | Email |
| --- | --- | --- |
| Company | 7199\*\*\*\* [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F42045136-formalize-aps) | co\*\*\*\*\*@formalize.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F42045136-formalize-aps) |

### From [formalize.com](https://formalize.com/)

| Contact | Phone | Email |
| --- | --- | --- |
| Sales | — | co\*\*\*\*\*@formalize.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F42045136-formalize-aps) |
| Support | — | su\*\*\*\*\*@formalize.com [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F42045136-formalize-aps) |

## Legal owners

### Current

| Owner | Ownership | Voting rights | From |
| --- | --- | --- | --- |
| OwnerBlackFin Tech II | Ownership25–33.32 % | Voting rights25 % | FromDec 4, 2025 |
| OwnerAldbridge Services London Limited | Ownership15–19.99 % | Voting rights15 % | FromSep 28, 2022 |
| OwnerJakob Lilholm Holding ApS | Ownership10–14.99 % | Voting rights10 % | FromJan 18, 2024 |
| OwnerKristoffer Abell Holding ApS | Ownership10–14.99 % | Voting rights10 % | FromJan 18, 2024 |
| OwnerMagnus Boye Holding ApS | Ownership10–14.99 % | Voting rights10 % | FromJan 18, 2024 |
| OwnerActon Fund VI GmbH & Co. KG | Ownership5–9.99 % | Voting rights5 % | FromOct 22, 2025 |

### Previous

| Owner | Ownership | Voting rights | From | To |
| --- | --- | --- | --- | --- |
| OwnerPO INTERNATIONAL ApS | Ownership5–9.99 % | Voting rights5 % | FromSep 28, 2022 | ToMay 6, 2026 |
| OwnerBlackFin Tech II | Ownership20–24.99 % | Voting rights20 % | FromJan 18, 2024 | ToDec 3, 2025 |
| OwnerAggerholm ApS | Ownership5–9.99 % | Voting rights5 % | FromMar 26, 2021 | ToJan 18, 2024 |
| OwnerJakob Lilholm Holding ApS | Ownership15–19.99 % | Voting rights15 % | FromSep 28, 2022 | ToJan 17, 2024 |
| OwnerKristoffer Abell Holding ApS | Ownership15–19.99 % | Voting rights15 % | FromSep 28, 2022 | ToJan 17, 2024 |
| OwnerMagnus Boye Holding ApS | Ownership15–19.99 % | Voting rights15 % | FromSep 28, 2022 | ToJan 17, 2024 |
| OwnerVesuv Ventures ApS | Ownership5–9.99 % | Voting rights5 % | FromFeb 28, 2022 | ToSep 28, 2022 |
| OwnerJakob Lilholm Holding ApS | Ownership20–24.99 % | Voting rights20 % | FromMar 26, 2021 | ToSep 27, 2022 |
| OwnerKristoffer Abell Holding ApS | Ownership20–24.99 % | Voting rights20 % | FromMar 26, 2021 | ToSep 27, 2022 |
| OwnerMagnus Boye Holding ApS | Ownership20–24.99 % | Voting rights20 % | FromMar 26, 2021 | ToSep 27, 2022 |
| OwnerPO INTERNATIONAL ApS | Ownership10–14.99 % | Voting rights10 % | FromMar 26, 2021 | ToSep 27, 2022 |
| OwnerBRIGHT BOX ApS | Ownership5–9.99 % | Voting rights5 % | FromMar 26, 2021 | ToFeb 28, 2022 |
| OwnerJakob Lilholm Holding ApS | Ownership33.33–49.99 % | Voting rights33.33 % | FromJan 21, 2021 | ToMar 25, 2021 |
| OwnerKristoffer Abell Holding ApS | Ownership33.33–49.99 % | Voting rights33.33 % | FromJan 21, 2021 | ToMar 25, 2021 |
| OwnerMagnus Boye Holding ApS | Ownership33.33–49.99 % | Voting rights33.33 % | FromJan 21, 2021 | ToMar 25, 2021 |

## Ultimate owners
[View ownership diagram](https://datapublica.dk/en/companies/42045136-formalize-aps/portfolio)
| Name | Ownership through | Calculated ownership |
| --- | --- | --- |
| BlackFin Tech II | Direct | 25–33.32 % |
| Aldbridge Services London Limited | Direct | 15–19.99 % |
| Jakob Emanuel Loftlund Lilholm | Jakob Lilholm Holding ApS | 10–14.99 % |
| Kristoffer Abell | Kristoffer Abell Holding ApS | 10–14.99 % |
| Magnus Sätherström Boye | Magnus Boye Holding ApS | 10–14.99 % |
| Acton Fund VI GmbH & Co. KG | Direct | 5–9.99 % |

## Company pages

- [Overview](https://datapublica.dk/en/companies/42045136-formalize-aps)

- [Financial report](https://datapublica.dk/en/companies/42045136-formalize-aps/financials)

- [Risk](https://datapublica.dk/en/companies/42045136-formalize-aps/risk)

- [Timeline](https://datapublica.dk/en/companies/42045136-formalize-aps/timeline)

- [Ownership and relations](https://datapublica.dk/en/companies/42045136-formalize-aps/portfolio)

- [Production units](https://datapublica.dk/en/companies/42045136-formalize-aps/production-units)

- [Gazelle](https://datapublica.dk/en/companies/42045136-formalize-aps/gazelle)

- [Investments](https://datapublica.dk/en/companies/42045136-formalize-aps/investments)

- [Company website](https://formalize.com/)

## Official sources

- [Official CVR record on Virk](https://datacvr.virk.dk/enhed/virksomhed/42045136)

- [Official LEI record at GLEIF](https://www.gleif.org/)