Recent Insider Transactions • Jun 08
Director recently bought kr.177k worth of stock On the 4th of June, Christian Klarskov bought around 5k shares on-market at roughly kr.35.38 per share. This transaction amounted to 9.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • May 29
Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 10.39566 million. Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 10.39566 million.
Security Name: New Shares
Security Type: Common Stock
Securities Offered: 346,522
Price\Range: DKK 30
Transaction Features: Rights Offering New Risk • May 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr.28.1m market cap, or US$4.40m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Announcement • May 04
Rovsing A/S has filed a Follow-on Equity Offering. Rovsing A/S has filed a Follow-on Equity Offering.
Security Name: New Shares
Security Type: Common Stock
Transaction Features: Rights Offering Reported Earnings • Feb 20
First half 2026 earnings released: kr.7.83 loss per share (vs kr.2.38 loss in 1H 2025) First half 2026 results: kr.7.83 loss per share (further deteriorated from kr.2.38 loss in 1H 2025). Revenue: kr.13.4m (down 23% from 1H 2025). Net loss: kr.5.36m (loss widened 295% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Feb 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr.6.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr.6.0m free cash flow). Market cap is less than US$10m (kr.40.0m market cap, or US$6.33m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Announcement • Nov 11
Rovsing A/S Maintains Earnings Guidance for the Financial Year 2025/26 Rovsing A/S maintained earnings guidance for the Financial Year 2025/26. For the year, the company expecting revenue in the range of DKK 37 million–DKK 41 million. Board Change • Nov 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Chairman of the Board Ulrich Beck is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 22
Rovsing A/S Approves Board Elections Rovsing A/S at its AGM held on October 21, 2025, announced Lars Ankjer Jensen and Christian Klarskov, were elected to join the Board. Announcement • Sep 19
Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 2.63494 million. Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 2.63494 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 44,660
Price\Range: DKK 59
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 16
Full year 2025 earnings released: kr.4.70 loss per share (vs kr.0.32 profit in FY 2024) Full year 2025 results: kr.4.70 loss per share (down from kr.0.32 profit in FY 2024). Revenue: kr.37.0m (down 5.7% from FY 2024). Net loss: kr.2.89m (down kr.3.05m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (kr.43.1m market cap, or US$6.77m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Jul 10
Rovsing A/S, Annual General Meeting, Oct 20, 2026 Rovsing A/S, Annual General Meeting, Oct 20, 2026. New Risk • Mar 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (kr.34.0m market cap, or US$4.95m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Mar 07
Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 3.999975 million. Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 3.999975 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 114,285
Price\Range: DKK 35
Transaction Features: Subsequent Direct Listing Reported Earnings • Feb 24
First half 2025 earnings released: kr.2.38 loss per share (vs kr.0.97 loss in 1H 2024) First half 2025 results: kr.2.38 loss per share (further deteriorated from kr.0.97 loss in 1H 2024). Revenue: kr.17.3m (down 3.0% from 1H 2024). Net loss: kr.1.36m (loss widened 195% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Oct 03
Rovsing A/S, Annual General Meeting, Oct 21, 2025 Rovsing A/S, Annual General Meeting, Oct 21, 2025. Recent Insider Transactions • Sep 24
Director recently sold kr.78k worth of stock On the 18th of September, Jean Duhring sold around 1k shares on-market at roughly kr.55.69 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (kr.21.6m market cap, or US$3.23m). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr.18.9m market cap, or US$2.81m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (kr.33m revenue, or US$4.9m). New Risk • Jul 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr.20.6m market cap, or US$3.00m). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (kr.33m revenue, or US$4.8m). Reported Earnings • Feb 23
First half 2024 earnings released: kr.0.97 loss per share (vs kr.2.41 loss in 1H 2023) First half 2024 results: kr.0.97 loss per share (improved from kr.2.41 loss in 1H 2023). Revenue: kr.17.9m (up 33% from 1H 2023). Net loss: kr.460.0k (loss narrowed 60% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Feb 21
Rovsing A/S Revises Earnings Guidance for the Year 2023-2024 Rovsing A/S revised earnings guidance for the year 2023-2024. For the year, the revenue outlook is adjusted from the range of DKK 37.0 million to DKK 41.0 million to be in the range of DKK 36.0 million to DKK 39.0 million. New Risk • Jan 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr.20.4m market cap, or US$2.98m). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Revenue is less than US$5m (kr.28m revenue, or US$4.1m). Announcement • Jan 10
Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 2.99999 million. Rovsing A/S has completed a Follow-on Equity Offering in the amount of DKK 2.99999 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 85,714
Price\Range: DKK 35
Transaction Features: Subsequent Direct Listing Announcement • Nov 17
Rovsing A/S Provides Earnings Guidance for the Year 2023 - 2024 Rovsing A/S provided earnings guidance for the year 2023 - 2024. The outlook for 2023/24 is maintained with a revenue in the range of DKK 37.0 million to DKK 41.0 million. Reported Earnings • Sep 20
Full year 2023 earnings released: kr.3.60 loss per share (vs kr.3.28 loss in FY 2022) Full year 2023 results: kr.3.60 loss per share (further deteriorated from kr.3.28 loss in FY 2022). Revenue: kr.28.3m (up 4.9% from FY 2022). Net loss: kr.1.73m (loss widened 11% from FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 19
Rovsing A/S Provides Earnings Guidance for the Year 2022-2023 Rovsing A/S provided earnings guidance for the year 2022-2023. For the year, the company expects revenue to be in the range of DKK 37.0 million to DKK 41.0 million. New Risk • Jul 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (kr.25.4m market cap, or US$3.84m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (kr.27m revenue, or US$4.1m). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Jakob Have was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Sep 09
Full year 2022 earnings released: kr.3.30 loss per share (vs kr.7.34 loss in FY 2021) Full year 2022 results: kr.3.30 loss per share (improved from kr.7.34 loss in FY 2021). Revenue: kr.27.0m (down 1.9% from FY 2021). Net loss: kr.1.55m (loss narrowed 54% from FY 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Jakob Have was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 12
Full year 2021 earnings released: kr.7.30 loss per share (vs kr.14.87 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: kr.27.5m (up 26% from FY 2020). Net loss: kr.3.40m (loss narrowed 50% from FY 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 25
First half 2021 earnings released: kr.3.54 loss per share (vs kr.10.27 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: kr.12.4m (up 32% from 1H 2020). Net loss: kr.1.62m (loss narrowed 65% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 20
New 90-day high: kr.122 The company is up 142% from its price of kr.50.40 on 20 November 2020. The Danish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 2.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day high: kr.67.80 The company is up 35% from its price of kr.50.20 on 06 November 2020. The Danish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: kr.60.00 The company is up 9.0% from its price of kr.55.00 on 08 October 2020. The Danish market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Aerospace & Defense industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: kr.47.00 The company is down 17% from its price of kr.56.80 on 09 September 2020. The Danish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 23% over the same period.