KONSOL Konsolidator A/S

Konsolidator gets customer number 5 on the Swedish market and reaches 90 customers and DKK 5m in ARR

Konsolidator gets customer number 5 on the Swedish market and reaches 90 customers and DKK 5m in ARR

Company announcement no 2-2020

Konsolidator gets customer number 5 on the Swedish market and reaches 90 customers and DKK 5m in ARR

Konsolidator hired a Swedish country manager at the end of September 2019. Today, Konsolidator signed with customer no. 5 in the Swedish market.

Hiring a country manager and establishing local presence has enabled Konsolidator to have several more sales meetings which has increased brand awareness much quicker. The Swedish market has an estimated reach of 7,500 potential customers and is an integrated part of Konsolidator’s growth strategy.

With the signing of customer no. 5 in Sweden Konsolidator surpassed DKK 5 million in annual recurring revenue. Konsolidator has earlier announced an ARR between DKK 5-6m as per 31 December 2019, which were achieved in February 2020.

“We have experienced a great demand for a consolidation software as ours in Sweden. Our market approach has been a little bit different than our market approach to the UK market. We have hired a country manager before starting our digital marketing. With the digital marketing and a country manager we have reached five customers in 5 months which we find very positive and quick.” says CEO, Claus Finderup Grove.

About Konsolidator

Konsolidator is a cloud-based and standardized SaaS consolidation and reporting tool that automates consolidation and monthly reporting and delivers accurate and timely management information based on corporate key ratios. Konsolidator wants to make financial consolidation and reporting easier for small- and medium-sized groups. The time the groups save, and the quality data obtained when using Konsolidator's cloud-based tool means that the groups can make better decisions and thus deliver higher strategic value.

For further information: CEO Claus Finderup Grove, mobile. , e-mail:

Søborg, 28 February 2020

Konsolidator A/S

Tobaksvejen 2 A

2860 Søborg

Certified Adviser

Ernst & Young P/S

Osvald Helmuths Vej 4

2000 Frederiksberg

Attachment

EN
28/02/2020

Underlying

KONSOLKonsolidator A/S

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Konsolidator A/S

 PRESS RELEASE
Free
KONSOL Konsolidator A/...

Konsolidator launches financial data warehouse - Built for finance, no...

Konsolidator launches financial data warehouse - Built for finance, not IT Press release no. 3-2025 Copenhagen, June 3, 2025 Konsolidator launches financial data warehouse - Built for finance, not ITToday, Konsolidator announces the launch of its financial data warehouse, designed specifically for CFOs and finance teams. Built to tackle the data overload facing finance departments, the solution delivers structured, reliable data for reporting without relying on internal IT resources. Part of the product pillar from the company’s 2025–2027 “Resilient Growth” strategy, the data warehouse uti...

June 3, 2025 1 EN
 PRESS RELEASE
Free
KONSOL Konsolidator A/...

Konsolidator grants 810,000 warrants

Konsolidator grants 810,000 warrants Company announcement no. 9-2025 Søborg, June 2, 2025 Konsolidator grants 810,000 warrants Today, the Board of Directors of Konsolidator A/S has exercised part of its current authorization by issuing 810,000 warrants to the employees. The warrants are issued in accordance with the company's guidelines for incentive-based remuneration and the authorizations in sections 4.9 and 4.10 of the Articles of Association. Warrants to the employeesKonsolidator has issued 810,000 warrants to its employees. As a small company, Konsolidator is dependent on its e...

June 2, 2025 1 EN
 PRESS RELEASE
Free
KONSOL Konsolidator A/...

Konsolidator launches FP&A project to fully automate Cash Flow forecas...

Konsolidator launches FP&A project to fully automate Cash Flow forecasting Press release no. 2-2025Copenhagen, May 15, 2025 Konsolidator launches FP&A project to fully automate Cash Flow forecasting  Konsolidator announces the launch of a new Financial Planning & Analysis (FP&A) project aimed at delivering automated predictive forecasting for finance teams in corporate groups. The new tool is a significant step in Konsolidator's 2025–2027 Resilient Growth strategy, broadening the company's financial software suite. Fits well into Konsolidator's existing platform With cloud ERP adoption...

May 15, 2025 1 EN
 PRESS RELEASE
Free
KONSOL Konsolidator A/...

Konsolidator enters partnership with Exsitec to accelerate growth in t...

Konsolidator enters partnership with Exsitec to accelerate growth in the Nordics Press release no. 1-2025Copenhagen, April 10, 2025 Konsolidator enters partnership with Exsitec to accelerate growth in the Nordics Today, Konsolidator enters a new strategic partnership with Exsitec AB, one of the most prominent players in the Nordic region, to implement and manage business-supporting IT systems. The partnership allows Konsolidator to be fully partner-driven in Sweden and Norway, thereby significantly advancing the company’s 2025–2027 strategy, Resilient Growth, which prioritizes scaling growt...

April 10, 2025 1 EN
 PRESS RELEASE
Free
KONSOL Konsolidator A/...

Konsolidator’s quarterly update – Q1 2025

Konsolidator’s quarterly update – Q1 2025 Company Announcement no 8-2025 Søborg, April 8, 2025 Konsolidator’s quarterly update – Q1 2025 Konsolidator’s contracted ARR (CARR) increased by 11% (YoY) in the first quarter of 2025 compared to Q1 2024, reaching DKK 21.6m. Konsolidator came off to a strong start in its new strategy period 2025-2027, focusing on resilient growth. The most notable aspect of Q1 2025 was that the transition towards partner-driven sales was better than expected, as 50% of sales were through the partner channel. Other key initiatives include a data warehouse colla...

April 8, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch