Float ApS Due Diligence
Run due diligence on Float ApS: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by Independent (Denmark) · floatreturns.com · 12 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
- Digital Sovereignty: 0
- Digital Resilience: 4
- Financial Resilience: 4
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Services catalogue
2 services in catalogue across 2 categories; runs on 12 sub-vendors.
- Domain Verification
- Resource Planning / Scheduling Software
Insights
Last updated 2026-09-13 · revision 15
12 direct vendors, 190 subvendors
Direct vendors by controlling owner country (sample)
- China: 1
- Australia: 1
- United States: 9
Subvendors by controlling owner country (sample)
- China: 10
- Japan: 3
- Poland: 2
Financials
Three-year financials
- 2025: gross profit DKK 1.28M, EBIT DKK -161K, equity DKK 266K
- 2024: gross profit DKK 1.46M, EBIT DKK 210K, equity DKK 449K
- 2023: gross profit DKK 516K, EBIT DKK -5.11K, equity DKK 301K
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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