Press releases
& company news in English
For press releases in Swedish, please visit this page.
DHL Freight co-developing a holistic approach to security with Risk Intelligence A/S
19 July 2023 | Company announcement No 22-2023
Risk Intelligence A/S (“Risk Intelligence” or the “Company") announces today that the main period of development with DHL Freight (DHL) has concluded and the Risk Intelligence System (LandRisk Logistics) will be rolled out to DHL dispatchers.
DHL have written an interesting post on the developments which you can read here:
https://dhl-freight-connections.com/en/solutions/a-holistic-approach-to-security/
Risk Intelligence A/S completes DKK 6.5M funding package with a DKK 4M loan
5 July 2023 | Company announcement No 21-2023
Risk Intelligence A/S (“Risk Intelligence” or "the Company") obtains a loan of DKK 4M and completes a DKK 6.5M loan-based funding package supporting the growth journey towards positive cashflow by Q4 2023.
With the new loan of DKK 4M, the Company has successfully obtained a total of DKK 6.5M in funding through loans from private investors and lenders during June and July. Initially, the first part of the package of DKK 2.5M from shareholders as announced on 6 June 2023. The new DKK 4M loan is provided by a consortium of Swedish lenders and the loan terms have been agreed upon market terms and has a maturity date of 31 March 2024. Risk Intelligence has the right to repay the loans plus interest at an earlier date.
Risk Intelligence A/S and an internationally operating German Offshore Company sign a deal for the Risk Intelligence System and reports
13 June 2023 | Company announcement No 20-2023
Risk Intelligence A/S and an internationally operating German Offshore Company sign a deal for the Risk Intelligence System and reports.
Access to the Risk Intelligence system will provide the new client with situational awareness for their hugely dispersed operations. Operating in Southeast Asia, South America and West Africa they often require rapid security assessments to seize commercial opportunities.
Risk Intelligence A/S and an internationally operating Malaysian Energy Infrastructure Company sign a deal for the Risk Intelligence System and security consultancy
08 June 2023 | Company announcement No 19-2023
Risk Intelligence A/S and an internationally operating Malaysian Energy Infrastructure Company sign a deal for the Risk Intelligence System and security consultancy support to future operations.
The agreement will provide the Malaysian client with enhanced situational awareness as their operations expand. The client already has operations in in South-east Asia, South America and West Africa.
Risk Intelligence A/S obtains funding and forecasts positive cashflow from operations in Q4 2023
06 June 2023 | Company announcement No 18-2023
Risk Intelligence A/S (“Risk Intelligence” or "the Company") has secured a loan-based funding package to provide capital for its strategy initiatives and expects positive cashflow from operations in Q4 2023.
Cashflow from operations positive in Q4 2023
With the 2025 Strategy launched in 2022 Risk Intelligence is on a growth journey that will lead to increased topline, positive cashflow from operations and profitability.
Risk Intelligence A/S and a major Norwegian Offshore Operator sign a deal for the Risk Intelligence System and bespoke intelligence support
31 May 2023 | Company announcement No 17-2023
Risk Intelligence A/S (“Risk Intelligence” or "the Company") and a high-profile Norway based offshore operator have signed an agreement giving access to the Risk Intelligence System as well as bespoke operational intelligence support.
The agreement will provide the Norwegian client with enhanced situational awareness as their operations expand to new areas, supporting renewable and traditional energy projects - via Risk Intelligence’s cloud-based tool.
Q1 Interim Report 1 January – 31 March 2023
Risk Intelligence A/S (“Risk Intelligence” or "Company") hereby publishes the Q1 Interim Report for the period January - March 2023. The report is available on the Company's investor website (investor.riskintelligence.eu).
Highlights:
• Total reported revenue up by 17% in Q1 2023
• Total invoiced revenue up by 43% in Q1 2023
• Total recurring revenue up by 14% in Q1 2023
• Net Retention Rate 105%
• Costs increased by 19% in Q1 due to higher activity and expansion of sales & marketing
Minutes from the 2023 Annual General Meeting of Risk Intelligence A/S
17 April 2023 | Company announcement No 15-2023
Risk Intelligence A/S held its Annual General Meeting last week on Friday 14 April 2023. Below are the minutes of the meeting.
On Friday 14 April 2023 at 10am, the Annual General Meeting 2023 in Risk Intelligence A/S was held at Skovshoved Hotel, Strandvejen 267, 2920 Charlottenlund.
The following was conducted, adopted and recorded according to the agenda sent out to the shareholders and posted on the Company’s website on 23 March 2023:
DHL Freight signs up for LandRisk Logistics and enters project development with Risk Intelligence
29 March 2023 | Company announcement No 14-2023
Risk Intelligence A/S (“Risk Intelligence” or the “Company") announces today that the company has signed a license agreement with DHL Freight (“DHL”) for the Risk Intelligence System (LandRisk Logistics) and a project development agreement that will significantly enhance company customisation and integration of data.
DHL announced its negotiations with Risk Intelligence already in January this year, as published in Risk Intelligence’s 23 January press release. With the now signed license for LandRisk Logistics, DHL Freight gets access to incidents, alerts, area, hotspots and country threat assessments, as well as a substantial number of assessments of secure truck parking areas and parking areas that are vital for contingency planning in logistics.
Risk Intelligence A/S Annual General Meeting 2023
23 March 2023 | Company announcement No 13-2023
Risk Intelligence A/S hereby calls its Annual General Meeting.
To the shareholders of Risk Intelligence A/S
NOTICE
of Annual General Meeting
in
Risk Intelligence A/S
(CVR-nr. 27 47 56 71)
With reference to clause 5 of the Articles of Association of Risk Intelligence A/S (CVR-no. 27 47 56 71) and the Danish Companies Act, section 94, you are informed that an annual general meeting is held Friday, 14 April 2023, at 10am […]
Risk Intelligence A/S Annual Report 2022 published
23 March 2023 | Company announcement No 12-2023
Risk Intelligence A/S (“Risk Intelligence”) hereby publishes its Annual Report for 2022. The Annual Report 2022 is available on the investor website: investor.riskintelligence.eu/reports
For a more specific review of the annual year 2022 please see Risk Intelligence Q4 Interim and Year-end Report 1 Jan - 31 Dec 2022.
Risk Intelligence successfully completes directed share issue of approx. DKK 5.7 million
20 March 2023 | Company announcement No 11-2023
The Board of Directors of Risk Intelligence A/S has, with support from the authorisation granted by the extraordinary general meeting held on 8 December 2022 and as indicated in the press release published on 20 March 2023, resolved to issue 600,000 new shares at the price of DKK 2.00 per share.
The price was established through an accelerated book-building procedure. At the same time the Board resolved to issue 1,960,642 new shares at the price of DKK 2.28 per share against existing debt. The price is based on the trading price on Friday 24 February used for the agreement of debt for equity swap of 27 February.
CEO Hans Tino Hansen says:
“The directed issue against cash and debt conversion to equity of about DKK 5.7 million is the second step in the funding strategy to support the 2025 Strategy. […]”
Risk Intelligence evaluates the possibility to carry out a directed share issue
20 March 2023 | Company announcement No 10-2023
Risk Intelligence A/S today announces its intention to carry out a directed share issue of up to 2,560,642 new shares. The Board of directors of Risk Intelligence has instructed the Management of Risk Intelligence A/S to evaluate the conditions through a so-called “accelerated book-building procedure”.
The directed share issueWith support from the authorisation granted by the extraordinary general meeting held on 8 December 2022, the Board of directors is evaluating the possibility to carry out a directed share issue of up to 2,560,642 new shares, through a so called “accelerated book-building procedure”. The reason for the deviation from the shareholders’ preferential rights is mainly to strengthen the Company’s financial position in a short and cost-effective timeframe. The potential proceeds from the directed issue are intended to be used for enhanced sales and marketing activities and to support the investments and initiatives to successfully meet the goals of the Company’s Strategy 2025.
Risk Intelligence A/S widens its management team to strengthen strategy implementation
Risk Intelligence A/S announces today that the company, in order to improve the company focus on implementing the new 2025 Strategy, is making changes to its management team and increasing the team by one new member.
The current Chief Operating Officer (COO), Henrik Ehlers Kragh, is stepping into a new role as Senior Director and Head of Strategy Implementation and will be heading the implementation of the 2025 Strategy, which will improve how we do business and increase the likelihood of meeting the milestones set out in the strategy. The position as COO will be filled by Risk Intelligence’s current Head of Operations, Niels Worsøe, who with the promotion will take over responsibility for all production within Risk Intelligence and become a member of the management team. Both changes take effect as of 1 April 2023.
Risk Intelligence successfully completes directed share issue against debt of approx. DKK 3.9 million
27 February 2023 | Company announcement No 8-2023
The Board of Directors of Risk Intelligence A/S (“Risk Intelligence” or the “Company”) has, with support from the authorization granted by the extraordinary general meeting held on 8 December 2022, resolved to issue 1,695,700 new shares at the price of DKK 2.28 per share against existing debt. The price is based on the latest trading price (Friday 24 February).
CEO Hans Tino Hansen says:
“The debt conversion to equity of about DKK 3.9 million is the first step in the funding strategy to support the 2025 Strategy. The aim of the funding strategy is to substantially reduce debt, reduce capital costs, re-establish equity, provide sufficient liquidity for operations and to provide capital for investments in technology and growth to support the entire 2025 Strategy.”
Q4 Interim and Year-End Report 1 January – 31 December 2022
Risk Intelligence A/S (“Risk Intelligence” or "Company") hereby publishes the Q4 Interim and Year-End Report for the period January - December 2022. The report is available on the Company's investor website (investor.riskintelligence.eu).
Highlights:
The principle for recognising revenue has been changed to full periodisation with impact on revenue, growth figures, P/L, and equity
Total revenue according to the new principles up by 8% in 2022
Total recurring revenue up by 9% in 2022
Net Retention Rate 111%
Revenue according to the new principles increased by 8% in Q4
Costs have increased by 42% in Q4 and by 26% in 2022
EBITDA 2022 according to the new principles decreased by 114%
Net profit in 2022 according to the new principles decreased by 88%
6 new maritime clients signed during 2022
Risk Intelligence A/S changes revenue recognition to full periodisation to improve investor transparency and comparison with peers
17 February 2023 | Company announcement No 6-2023
Risk Intelligence A/S (“Risk Intelligence” or the “Company") announces today that the company from and including the financial year of 2022 has changed its financial reporting standards to full revenue periodisation to comply with market standards for SaaS companies.
The Board of Directors of Risk Intelligence has had an ongoing discussion about changing the revenue recognition from date of invoicing to full periodisation for subscription-based licenses, which constitute about 90% of total revenue. The Board of Directors has therefore decided to follow the requirement from Deloitte to change the revenue recognition to full periodisation.
As part of the Company’s internationalisation, Deloitte was elected as the new auditor for Risk Intelligence at the Annual General Meeting in 2022.
Risk Intelligence A/S strengthens its offshore and renewables portfolio with two new clients
14 February 2023 | Company announcement No 05-2023
Risk Intelligence A/S is delivering threat and risk assessments to an increasing number of clients within the renewable energy sector, strengthening its portfolio with two new offshore wind clients.
Since the attacks on the Nord Stream gas pipelines last year, and the unauthorised use of drones near offshore installations, Risk Intelligence has seen a surge in demand for threat and risk assessments of offshore domains, subsea infrastructure, as well as renewable energy installations on land.
The latest bespoke report was delivered to a leading renewable energy company and included comprehensive analysis of threats to operations of offshore wind farms in a European EEZ.
Risk Intelligence A/S signs a Lloyd’s underwriter up for the Risk Intelligence System and bespoke intelligence support
30 January 2023 | Company announcement No 04-2023
Risk Intelligence A/S has signed an agreement with another Lloyd’s underwriter, providing access to the Risk Intelligence System as well as bespoke operational intelligence support.
The agreement with the underwriter will provide full access to the Risk Intelligence System (MaRisk+PortRisk), bringing the very best maritime intelligence to their team to assist them in writing cover for war risks and other complex insurance areas. Risk Intelligence will also provide bespoke reports and monthly briefs to the new client to ensure their team has continuous access to all the information they need.
Lloyd’s of London, or Lloyd’s, is a corporate body with roots in the maritime industry that operates as an insurance and reinsurance marketplace. The new client is a major underwriter within the maritime insurance market, based at Lloyd’s, with a focus on the dynamic area of War Risks as well as their broader portfolio.
DHL Freight in final negotiations with Risk Intelligence
23 January 2023 | Company announcement No 03-2023
Risk Intelligence A/S confirms today that the company is in final negotiations with DHL Freight for the Risk Intelligence System (LandRisk Logistics).
It has today come to Risk Intelligence’s knowledge that DHL Freight on their homepage has announced that DHL Freight has entered a close corporation with Risk Intelligence: DHL Freight Invests in Holistic Security Solution
Risk Intelligence confirms that negotiations are in the final stages, but no agreement has been signed as of today. Risk Intelligence will publish a separate press release when the agreement is finalised.