Cortex Consult A/S Due Diligence
Run due diligence on Cortex Consult A/S: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by Advania AB (publ) (Sweden) · cortexconsult.dk · 11 vendors
Cortex Consult A/S is a Danish-owned IT company that provides IT solutions, infrastructure management, cloud services, and cybersecurity to small and medium-sized businesses. The company offers services including IT outsourcing, Microsoft 365 / Modern Workplace solutions, datacenter hosting, network management, and IT security. With over 25 years of experience and approximately 60 employees, it is recognized as one of Denmark's leading IT companies in outsourcing, hosting, and operations.
Resilience scores
- Digital Sovereignty: 18
- Digital Resilience: 7
- Financial Resilience: 7
Technology vendors
- Apple Inc. — Technology — United States
- LinkedIn Corporation — Technology — United States
- LiteSpeed Technologies, Inc. — Technology — United States
- and 8 more
Insights
Last updated 2026-09-13 · revision 14
11 direct vendors, 148 subvendors
Direct vendors by controlling owner country (sample)
- Australia: 1
- United States: 6
- Russia: 1
Subvendors by controlling owner country (sample)
- Australia: 2
- Poland: 2
- Denmark: 3
Compliance
8 in-scope frameworks identified; showing 3.
Danish Databeskyttelsesloven — No public evidence
Evidence: https://cortexconsult.dk, https://www.retsinformation.dk/eli/lta/2018/502, https://www.datatilsynet.dk/english, https://www.datatilsynet.dk/afgoerelser
SKI Framework Agreement Compliance — No public evidence
Evidence: https://cortexconsult.dk, https://www.ski.dk/aftaler/02-22-it-drift, https://www.retsinformation.dk/eli/lta/2023/10
NIS2 (source) — No public evidence
Evidence: https://cortexconsult.dk, https://cortexconsult.dk/om-cortex/, https://cortexconsult.dk/it-infrastrukturdrift/, https://cortexconsult.dk/datacenter-hosting/, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022L2555, https://www.cfcs.dk/en/, https://www.erhvervsstyrelsen.dk/nis2
Financials
Three-year financials
- 2025: gross profit DKK 47.1M, EBIT DKK 5.69M, equity DKK 12.4M
- 2024: gross profit DKK 48.1M, EBIT DKK 6.90M, equity DKK 10.2M
- 2023: gross profit DKK 48.9M, EBIT DKK 7.33M, equity DKK 10.8M
Financial Resilience Score: 7/10
Cortex Consult A/S demonstrates strong qualitative financial resilience despite the absence of retrievable årsrapport figures in this research session. The company has operated continuously since 1998 (27+ years) and has maintained an AAA credit rating from Bisnode/Soliditet uninterrupted since 2002, which is a rare and sustained external signal of solvency, timely payment behavior, and consistent profitability across multiple economic cycles including the dot-com bust, 2008 financial crisis, and COVID-19 pandemic. The business model is anchored in recurring-revenue services (managed IT operations, hosting, Microsoft 365 licensing) that provide strong revenue visibility. Access to the Danish public-sector SKI 02.22 framework agreement adds a layer of predictable, low-credit-risk government/municipal revenue. Strategic alignment with top-tier vendors (Microsoft, Cisco, HPE, Veeam) and the May 2026 combination with Advania further reduce standalone scale and funding risk. However, resilience is capped by the company's small scale (~60 FTE), SMB customer concentration exposing it to macro cycles, heavy dependency on the Microsoft ecosystem, and Danish IT-consultant wage inflation pressuring people-based service margins. Post-merger integration risk into Advania is a new 2026-onward consideration.
Key strengths: AAA credit rating (Bisnode/Soliditet) maintained continuously since 2002, 27+ years of continuous operation since 1998, Recurring-revenue mix from managed IT operations, hosting, and M365 licensing, Approved supplier on Danish public-sector SKI 02.22 framework agreement, Strategic vendor partnerships with Microsoft, Cisco, HPE, and Veeam, May 2026 combination with Advania removes standalone scale/funding risk
Risk factors: SMB customer concentration sensitive to macro slowdowns, Heavy dependency on Microsoft ecosystem (M365, Azure) licensing changes, Small scale (~60 FTE) relative to Nordic MSP consolidators, Danish IT-consultant wage inflation pressures margins, Post-merger integration risk with Advania (brand, customers, staff retention), Effectively 100% Denmark geographic concentration
Revenue by geography
- Denmark: 100%
Revenue by product/service
- IT-sikkerhed (IT-security): 0%
- Produktsalg (hardware/software resale): 0%
- Den Moderne Arbejdsplads (Modern Workplace / M365): 0%
- Drift af IT-infrastruktur (IT-infrastructure operations): 0%
Workforce by country
- Denmark: 60
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.