BiQ A/S Due Diligence
Run due diligence on BiQ A/S: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by Yesterday ApS (Denmark) · biq.dk · 20 vendors
BiQ A/S is a 100% Danish-owned data company specialising in data quality and decision support for Danish businesses. Formed from the 2021 merger of BiQ (founded 2000) and IDQ (founded 2011), the company provides data solutions including search, compliance, risk screening, fraud minimisation, customer monitoring, and API-based data integration. Its products draw on sources such as the Danish CVR registry to help organisations improve data quality, onboard customers, and meet regulatory compliance requirements.
Resilience scores
- Digital Sovereignty: 25
- Digital Resilience: 6
- Financial Resilience: 6
Disruption prediction
The category benchmark for BiQ A/S is a 5% probability of disruption in the next three months.
8 of BiQ A/S's 20 vendors have incident tracking.
Technology vendors
- Elementor Ltd. — Technology — Israel
- Letsignit — Technology — France
- Zoho Books — Technology — India
- and 17 more
Insights
Last updated 2026-10-05 · revision 2
20 direct vendors, 295 subvendors
Direct vendors by controlling owner country (sample)
- New Zealand: 1
- Canada: 1
- France: 1
Subvendors by controlling owner country (sample)
- Germany: 7
- Russia: 1
- Singapore: 1
Migration Readiness: 7/10
Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.
BiQ A/S exhibits high migration readiness, particularly due to its explicitly stated 'Low vendor lock-in risk' stemming from a diverse base of 18 vendors. This significantly reduces the complexity and cost associated with disentangling from specific vendor technologies during a migration. The presence of an 'API-suite' for integration ('BiQ Integration') indicates an API-first approach, which is highly beneficial for migrating data and functionalities to new platforms or cloud environments. Additionally, the use of 'Ambition Cloud' for their Datamanager portal suggests existing experience with cloud infrastructure. However, several factors present challenges. The company's core business involves highly sensitive data (CVR/VIRK, CPR, PEP/sanctions) and operates under strict regulatory frameworks, notably the Danish Anti-Money Laundering Act. This implies complex compliance requirements and a high probability of stringent data residency requirements (likely within Denmark), which would need careful planning and execution during any migration. The internal tech stack, while featuring modern APIs, also includes WordPress and Elementor for the website, which might require re-platforming or re-architecting for a fully cloud-native migration. Finally, the absence of financial stability data makes it difficult to assess the company's capacity to fund a potentially large-scale migration project.
Compliance
8 in-scope frameworks identified; showing 3.
ISAE 3000 (source) — No public evidence
An ISAE 3000 report could be used to provide assurance over the data quality and compliance processes that BiQ A/S offers to its clients, but it is not a standard expectation in the same way as ISO 27001 or SOC 2.
Danish Bookkeeping Act — No public evidence
The Danish Bookkeeping Act (Bogføringsloven) applies to all companies in Denmark that are required to submit an annual report, which includes Aktieselskaber (A/S).
Evidence: https://pitchbook.com/profiles/company/554611-24, https://da.wikipedia.org/wiki/BiQ_A/S
SOC 2 (source) — No public evidence
BiQ A/S provides SaaS solutions that process customer data, making the trust services criteria of SOC 2 (security, availability, processing integrity, confidentiality, and privacy) highly relevant to their operations and customer expectations.
Financials
Three-year financials
- 2025: gross profit DKK 38.7M, EBIT DKK 4.82M, equity DKK 27.2M
- 2024: gross profit DKK 35.5M, EBIT DKK 364K, equity DKK 26.1M
- 2023: gross profit DKK 34.7M, EBIT DKK 1.34M, equity DKK 29.3M
Financial Resilience Score: 6/10
BiQ A/S demonstrates a solid financial foundation for a small Danish data-services company, highlighted by a strong equity ratio of approximately 83% (equity of DKK 27.2m against balance-sheet total of DKK 32.7m) in FY2025. The company has returned to decisive profitability in FY2025, with EBIT jumping more than 13x year-on-year to DKK 4.82m and net profit swinging from a DKK 0.41m loss to a DKK 3.04m profit, indicating operating leverage from the enlarged post-merger gross profit base is reaching the bottom line. However, resilience is tempered by notable volatility in earnings over the past five years (net results oscillating between DKK -0.81m and DKK +3.04m), suggesting the cost base is close to gross profit and small revenue movements swing results significantly. The company's small absolute scale (~32 FTEs, single-digit DKK million EBIT), single-country concentration in Denmark, intangible-heavy balance sheet from the 2021 BiQ-IDQ merger, and exposure to potential tightening of Danish personal-data access rules all introduce meaningful risk. The clean auditor, 100% Danish ownership, established 20+ year track record in the niche, and regulatory tailwind from Danish AML rules provide offsetting support.
Key strengths: Strong equity ratio of ~83% providing considerable buffer, Return to strong profitability with EBIT up 13x in FY2025, Established 20+ year track record in Danish data services, Diversified reference customer base in regulated sectors (financial, utilities, non-profit, media), 100% Danish ownership reduces governance and FX risk, Growing regulatory tailwind from Danish AML/KYC requirements, Clean auditor (Beierholm)
Risk factors: Earnings volatility with net results oscillating between losses and small profits over 5 years, No revenue disclosure limits external visibility into top-line growth, Small absolute scale (~32 FTEs) vulnerable to loss of key customers or employees, Single-country concentration in Denmark, Data-regulation and public-perception risk around CPR data access, Intangible-asset heavy balance sheet (~DKK 26m of DKK 38.7m in 2022) subject to impairment risk
Revenue by geography
- Denmark: 100%
Workforce by country
- Denmark: 36
Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.