Erhvervsministeriet (Danish Ministry of Business) Due Diligence

Run due diligence on Erhvervsministeriet (Danish Ministry of Business): check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Government of Denmark (Denmark) · em.dk · 23 vendors

The Danish Ministry of Business works to create good and competitive frameworks for Danish business life. The ministry handles everything from green transition, future financial sector and consumer affairs to life science, globalization strategy, entrepreneurship and technological development.

Resilience scores

Technology vendors

Insights

Last updated 2026-09-13 · revision 15

23 direct vendors, 254 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

8 in-scope frameworks identified; showing 3.

Danish Data Protection Act — Evidence found

Evidence: https://www.em.dk/privatlivspolitik, https://www.em.dk/

GDPR (source) — Evidence found

Evidence: https://www.em.dk/privatlivspolitik, https://www.em.dk/, https://www.em.dk/ministeriet/organisation

ISO 27001 (source) — Evidence found

Evidence: https://www.em.dk/privatlivspolitik, https://www.em.dk/

Financials

Three-year financials

Financial Resilience Score: 10/10

Erhvervsministeriet is a Danish central government ministry funded through parliamentary appropriations on § 8 of the Finansloven, backed by the AAA-rated Danish sovereign. As such, it faces no market, credit, or liquidity risk in any commercial sense. Its funding is politically determined and highly stable, with appropriations growing from DKK 161.8M (2021) to DKK 193.3M (2025), a CAGR of approximately 4.5%. Budget execution has been consistently disciplined, with bevillingsudnyttelse of 98-100% every year from 2021-2025, resulting in small mindreforbrug (surpluses) each year. The department holds positive accumulated equity of approximately DKK 47.8M and roughly DKK 30M in accumulated lønsum savings at end of 2025, providing a buffer against future wage pressures. Leverage is minimal, with long-term debt of only DKK 0.8M in 2025 used purely under the state internal loan facility. Risks are primarily structural and political rather than financial: frequent ministerial reshuffles and ressortflytninger (transfers of responsibilities between ministries) cause periodic equity and staff transfers. Personnel cost inflation is a concern, with payroll rising ~13% from 2023-2025 while FTE remained flat, and IT costs surged from DKK 6.5M to DKK 14.9M in 2025. Provisions rose from DKK 1.8M to DKK 4.0M in 2025 due to extended resultatløn accruals, and contingent liabilities of DKK 6.9M cover leasehold reinstatement and severance obligations.

Key strengths: Sovereign funding from AAA-rated Danish state via annual Finanslov appropriations, Consistent on-budget execution with 98-100% bevillingsudnyttelse over 2021-2025, Positive accumulated equity of ~DKK 47.8M plus ~DKK 30M accumulated lønsum savings, Very low leverage with only DKK 0.8M long-term debt (2025), Broad institutional scope overseeing major state enterprises (EIFO, Nordsøfonden, Finansiel Stabilitet), Appropriation growth of ~20% over five years (2021-2025)

Risk factors: Political/ressort risk from frequent ministerial reshuffles and organisational transfers, Personnel cost inflation (~13% payroll growth 2023-2025 with flat FTE), IT cost surge from DKK 6.5M (2024) to DKK 14.9M (2025), Contingent liabilities of ~DKK 6.9M for leasehold reinstatement and severance pay, Rising provisions from DKK 1.8M (2024) to DKK 4.0M (2025) from extended resultatløn accruals, Ressortflytninger causing equity transfers (e.g. digitalisation 2023, DanPilot 2024/25, Sikkerhedsstyrelsen 2026)

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