Float ApS

Denmark · owned by Independent (Denmark) · floatreturns.com · 21 vendors

Float is a modern returns management platform that helps e-commerce brands automate returns processing and retain up to 48% of refunds through exchanges and store credits. The company specializes in returns software for Shopify brands, offering workflow automation, data intelligence, and customer experience optimization.

Resilience scores

Disruption prediction

Float ApS has an estimated 40% probability of disruption in the next 6 months.

11 of Float ApS's 21 vendors monitored for disruptions.

Technology vendors

Services catalogue

2 services in catalogue across 2 categories; runs on 21 sub-vendors.

Insights

Last updated 2026-09-13 · revision 15

21 direct vendors, 258 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 5/10

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.

The score is speculative due to the lack of verifiable data. A mid-range score is assigned based on the assumption that a modern software company would likely use a mix of contemporary and slightly older technologies, with some but not complete adoption of cloud-native principles. Without insight into their actual architecture (monolithic vs. microservices), containerization strategy, or CI/CD maturity, a higher or lower score cannot be justified.

Financials

Three-year financials

Financial Resilience Score: 4/10

Float ApS is an early-stage Danish startup that exhibits high growth potential but remains financially fragile. The company saw its gross profit increase dramatically from 27,000 DKK in 2022 to 516,000 DKK in 2023, partly supported by a 430,000 DKK investment from Innovationsfonden (InnoFounder). Despite this growth, the company continues to report small annual losses (EBIT), and its equity base is relatively small at approximately 300,000 DKK. The company's operational scale is limited, with a workforce of approximately 2 employees. While it has successfully onboarded recognized brands such as 66°North and Organic Basics, its resilience is hampered by its dependence on a single niche software product in a highly competitive global market. The company is currently in a 'bootstrapping' or early-funding phase, making it sensitive to market downturns in the e-commerce sector.

Key strengths: Rapid growth in gross profit, Successful acquisition of high-profile fashion clients, Support from national innovation grants (InnoFounder)

Risk factors: Small operational scale and employee count, Operating at a loss during early development stages, High competition in the e-commerce returns management space

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