En Garde Security Due Diligence
Run due diligence on En Garde Security: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by EN GARDE HOLDING ApS (Denmark) · engardesecurity.com · 24 vendors
En Garde Security specializes in Industrial (OT) and Information Technology security services, providing practical security solutions with a real-life perspective. The company offers passive penetration testing, security evaluations of industrial devices/services, and consultancy services for industrial control systems.
Resilience scores
- Digital Sovereignty: 0
- Digital Resilience: 5
- Financial Resilience: 4
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Insights
Last updated 2026-09-13 · revision 10
24 direct vendors, 239 subvendors
Direct vendors by controlling owner country (sample)
- United Kingdom: 1
- Australia: 1
- Andorra: 1
Subvendors by controlling owner country (sample)
- Switzerland: 1
- Canada: 7
- Netherlands: 3
Financials
Three-year financials
- 2025: gross profit DKK 698K, EBIT DKK 4.89K, equity DKK 285K
- 2024: gross profit DKK 846K, EBIT DKK -20.3K, equity DKK 281K
- 2023: gross profit DKK 819K, EBIT DKK -188K, equity DKK 299K
Financial Resilience Score: 4/10
En Garde Security ApS is a small boutique industrial cybersecurity consultancy based in Copenhagen, Denmark. The company's financial profile is characteristic of a highly specialized, small-scale firm with performance that varies significantly based on project flow. After a robust fiscal year in 2022, where gross profit reached approximately 2.5 million DKK, the company experienced a substantial contraction in 2023 and 2024, leading to operating losses. The company's resilience is largely tied to its niche expertise in Critical Infrastructure and Industrial Control Systems (ICS) security, a field with high barriers to entry and growing demand. However, its small workforce and boutique nature mean it has limited capital buffers compared to larger firms. While it has maintained a positive equity position, the volatility in its EBIT suggests a susceptibility to market fluctuations and high key-person dependency on its founder, Mikael Vingaard. The recent establishment of a branch in Sweden indicates an attempt to diversify its client base geographically.
Key strengths: Specialized niche expertise in OT/ICS security, Positive shareholders' equity, Geographic expansion into Sweden
Risk factors: Boutique scale with high revenue volatility, High dependency on individual specialists, Recent history of operating losses
Revenue by geography
- Denmark: 90%
- Sweden: 10%
Revenue by product/service
- Industrial Security Consultancy: 60%
- Security Audits & Testing: 30%
- Training Services: 10%
Workforce by country
- Denmark: 2
- Sweden: 1
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