Latest news with #ClausFinderupGrove
Yahoo
4 days ago
- Business
- Yahoo
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 utilizes Konsolidator's core expertise in financial reporting. A new foundation for financial dataKonsolidator's financial data warehouse taps into Konsolidator's existing experience in financial reporting. The purpose of Konsolidator's financial data warehouse is to give finance professionals a clean, structured view of their data, ready for reporting and decision-making. Finance teams today face a clear problem: too much data, from too many systems, and no clear way to use it. ERP systems, CRMs, spreadsheets, and planning tools provide complexity instead of insight. 'It's no longer about access to data—it's about making sense of it. You need a solution built for finance, not developers,' says Lars Højer Paaske, Head of Product at Konsolidator. A solution for teams without the internal IT resources The financial data warehouse is designed for finance teams who want control over their data, without needing internal or external IT experts to build and maintain infrastructure. Fully integrated with Microsoft Fabric and Power BI, the solution enables advanced analytics, transaction-level transparency, and automated reporting workflows. Many companies lack the internal expertise to build or maintain a data warehouse. Konsolidator's hosted solution has built-in governance, security, and compliance—so finance teams can focus on insight, not infrastructure. 2025-2027 strategy: Broader product offerings The financial data warehouse is, together with the upcoming FP&A tool, part of Konsolidator's broader 'Build, Buy or Partner' approach. It is one of four strategic pillars of the Resilient Growth strategy and the first step in launching The Konsolidator Suite—our new platform approach that gives finance teams end-to-end control over their data, from consolidation to reporting, and fits into a more holistic view of finance digital ecosystems. We're building solutions that make CFOs better with reliable data, not just in the monthly reporting, but to feed into the overall strategy. 'This is the first step into something bigger,' says CEO Claus Finderup Grove. 'We're moving beyond 'just being a consolidation product' to become a central part of the entire finance department. We believe finance teams already have the right skills and data—they just need the right tools to use it.'Contacts CEO: Claus Finderup Grove, mobile +45 2095 2988, cfg@ CFO: Jack Skov, mobile +45 2282 8845, js@ About KonsolidatorKonsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed on the Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL Attachment Press Release no. 3-2025 - DwH
Yahoo
4 days ago
- Business
- Yahoo
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 utilizes Konsolidator's core expertise in financial reporting. A new foundation for financial dataKonsolidator's financial data warehouse taps into Konsolidator's existing experience in financial reporting. The purpose of Konsolidator's financial data warehouse is to give finance professionals a clean, structured view of their data, ready for reporting and decision-making. Finance teams today face a clear problem: too much data, from too many systems, and no clear way to use it. ERP systems, CRMs, spreadsheets, and planning tools provide complexity instead of insight. 'It's no longer about access to data—it's about making sense of it. You need a solution built for finance, not developers,' says Lars Højer Paaske, Head of Product at Konsolidator. A solution for teams without the internal IT resources The financial data warehouse is designed for finance teams who want control over their data, without needing internal or external IT experts to build and maintain infrastructure. Fully integrated with Microsoft Fabric and Power BI, the solution enables advanced analytics, transaction-level transparency, and automated reporting workflows. Many companies lack the internal expertise to build or maintain a data warehouse. Konsolidator's hosted solution has built-in governance, security, and compliance—so finance teams can focus on insight, not infrastructure. 2025-2027 strategy: Broader product offerings The financial data warehouse is, together with the upcoming FP&A tool, part of Konsolidator's broader 'Build, Buy or Partner' approach. It is one of four strategic pillars of the Resilient Growth strategy and the first step in launching The Konsolidator Suite—our new platform approach that gives finance teams end-to-end control over their data, from consolidation to reporting, and fits into a more holistic view of finance digital ecosystems. We're building solutions that make CFOs better with reliable data, not just in the monthly reporting, but to feed into the overall strategy. 'This is the first step into something bigger,' says CEO Claus Finderup Grove. 'We're moving beyond 'just being a consolidation product' to become a central part of the entire finance department. We believe finance teams already have the right skills and data—they just need the right tools to use it.'Contacts CEO: Claus Finderup Grove, mobile +45 2095 2988, cfg@ CFO: Jack Skov, mobile +45 2282 8845, js@ About KonsolidatorKonsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed on the Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL Attachment Press Release no. 3-2025 - DwHMelden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
5 days ago
- Business
- Yahoo
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 employees and also depends on attracting talented employees. Konsolidator is not able to offer the salaries given by larger companies, but is able to incentivize employees by issuing warrants. Management believes that by issuing warrants to the employees, Konsolidator is able to retain employees in the long run. CEO Claus Finderup Grove comments, 'This is the fifth time we have issued warrants to our employees. We want to show our appreciation to our loyal employees. Having the ability to issue warrants to our employees is a good method for us to retain our talented employees.' Warrant termsThe total 810,000 warrants correspond to a nominal value of DKK 32,400, as each warrant entitles the warrant holder to subscribe for one share of nominal DKK 0.04 in the Company. The exercise price is fixed at DKK 3.75 per share for the management and employees corresponding to the average of the closing share price as made public by Nasdaq Copenhagen for the Konsolidator share on the 5 trading days prior to the date on which the Board of Directors decided to grant the warrants. The warrants vest in a series of three (3) successive equal annual installments, with the first installment vesting in 2026 on the last day of the calendar month of the date of grant. Consequently, the last installment will vest in June 2028. Subject to vesting, the warrants can be exercised in periods of 4 weeks starting the day after publication of the Company's annual report, half-year reports and/or quarterly financial announcements, respectively. Warrants that have not been exercised before five (5) years following the grant will lapse automatically. The warrant terms include a condition on accelerated vesting in case of a change of control, e.g., a takeover bid, resolution, and business transfer. The detailed warrant terms regarding warrants issued by the Company can be found in the Articles of Association on After this grant of warrants, the total number of outstanding warrants is 2,405,030. Contacts Chair: Michael Moesgaard Andersen, mobile +45 6060 6969 CEO: Claus Finderup Grove, mobile +45 2095 2988, cfg@ CFO: Jack Skov, mobile +45 2282 8845, js@ Certified Adviser Grant Thornton, Jesper Skaarup Vestergaard, phone +45 3527 5011, About KonsolidatorKonsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed at Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL Attachment Company announcement no 9-2025 - Grant of warrants employeesError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
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 and access to real-time financial data, the timing is right to bring automated predictive forecasting into the financial operations of corporate groups. The new tool will integrate into Konsolidator's core offering, enabling finance teams to take greater control of budgeting and forecasting using the financial data within the platform. This includes offering automated cash flow forecasting, a pain point for many CFOs. Cash flow forecasting at a group level is one of the most complex and essential things to get right. The future CFO won't just report the past; they will be enabled to predict the future. Data accessibility has evolved significantly in the finance functions with the adoption of cloud technology, especially ERP systems. AI's ability to analyze complex and large data sets makes predictive forecasting an obvious choice for CFO's. New Head of FP&A will lead the development Konsolidator has appointed Frederik Meinertsen as Head of FP&A, a newly established role that marks a significant step in the company's 2027 strategy, Resilient Growth. Frederik Meinertsen brings two decades of experience in the financial and technology sector, having worked in management consulting and led teams of FP&A specialists. As Head of FP&A, he will be responsible for developing, testing, and launching the new product. Frederik Meinertsen, Head of FP&A at Konsolidator, says, "Forecasting cash flows and doing proper consolidation are complex tasks. Making seamless solutions available to group finance on the same platform is not only logical, but it will also enable the utilization of Business Intelligence and AI at a whole new level.' 2025-2027 strategy: Broader product offerings The FP&A tool is part of Konsolidator's broader Build, Buy, Partner approach, one of four strategic pillars of the Resilient Growth strategy. "This is a logical next step for Konsolidator," says Claus Finderup Grove, CEO at Konsolidator. "Our customers have been asking for a more advanced way to budget and forecast. With the data already flowing through our platform and Frederik leading the development, we're now in a strong position to deliver a tool that does exactly that. By way of this development, Konsolidator elevates our product offering to not only provide reliable but also predictive financial data." Additional details, including the product name and pricing model, will be announced closer to the launch. Finance teams and partners interested in early access or beta participation are encouraged to contact Konsolidator directly. Contacts CEO: Claus Finderup Grove, mobile +45 2095 2988, cfg@ CFO: Jack Skov, mobile +45 2282 8845, js@ About Konsolidator Konsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed at Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL Attachment Press Release no 2-2025 - FP&A in KonsolidatorError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-03-2025
- Business
- Yahoo
Proceedings at the annual general meeting on March 13, 2025
Company announcement no 7-2025 Søborg, March 13, 2025 Proceedings at the annual general meeting on March 13, 2025 The Annual General Meeting of Konsolidator A/S took place on March 13, 2025, at Konsolidator A/S, Vandtårnsvej 83A, 2., DK-2860 Søborg, in accordance with the agenda. The board of directors elected board member Peter Gath, State Authorized Public Accountant, as chairman of the meeting. CEO, Claus Finderup Grove, accounted for the company's activities in the past year and the shareholders took note of the presentation. The audited annual report for 2024 was presented and approved by the general meeting. The general meeting approved, in accordance with the adopted annual report and the board of directors' proposal, that the result of the financial year 2024 is transferred to the next financial year and that no dividend is paid out. Before the general meeting Michael Rasmussen had informed the board of directors of her wish to resign from the board. Consequently, Torsten Hagen Jørgensen was proposed had been proposed and was elected as new member of the board of directors. The remaining board members were re-elected. EY Godkendt Revisionspartnerselskab was elected as new the company's new auditor. The board of directors had proposed that the board of directors is authorized to increase the capital without pre-emptions rights of a nominal value of up to DKK 19,000.36. The authorization was proposed to expire on December 31, 2025. The proposal was adopted, including the proposed amendmends to the articles of association with the insertion of a new section 3.1.9, which includes the details of authorization to the board of directors. The minutes of the annual general meeting and the updated articles of association are available at and attached to this announcement. Contacts Chair: Michael Moesgaard Andersen, mobile +45 6060 6969 CEO: Claus Finderup Grove, mobile +45 2095 2988, cfg@ CFO: Jack Skov, mobile, +45 2282 8845, js@ Certified Adviser Grant Thornton, Jesper Skaarup Vestergaard, phone +45 3527 5011, About Konsolidator Konsolidator A/S is a financial consolidation software company whose primary objective is to make Group CFOs around the world better through automated financial consolidation and reporting in the cloud. Created by CFOs and auditors and powered by innovative technology, Konsolidator removes the complexity of financial consolidation and enables the CFO to save time and gain actionable insights based on key performance data to become a vital part of strategic decision-making. Konsolidator was listed at Nasdaq First North Growth Market Denmark in 2019. Ticker Code: KONSOL Attachment Minutes of AGM meeting - March 2025Sign in to access your portfolio
