ID Company Due Diligence

Run due diligence on ID Company: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Seriline Group AB (Sweden) · idcompany.dk · 10 vendors

ID Company ApS is a Danish company that develops, delivers, and services identification cards, security, and payment software solutions. They provide a range of products including employee, student, guest, and membership cards, along with systems for access control, canteen payment, and print management. The company also distributes HID Global and Fargo printers and offers RFID keyfobs and wristbands.

Resilience scores

Technology vendors

Services catalogue

25 services in catalogue across 7 categories; runs on 10 sub-vendors.

Insights

Last updated 2026-09-13 · revision 6

10 direct vendors, 159 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

4 in-scope frameworks identified; showing 3.

NIS2 (source) — No public evidence

ISO 27001 (source) — No public evidence

GDPR (source) — No public evidence

Evidence: https://idcompany.dk/shop/cms-persondatapolitik.html

Financials

Three-year financials

Financial Resilience Score: 6/10

ID Company ApS holds a well-differentiated niche position in the Danish physical identity and access management market, underpinned by Platinum Partner status with HID Global — one of the world's largest physical security companies. This vendor relationship signals a meaningful level of commercial credibility and likely provides preferential pricing and support terms. The company serves blue-chip enterprise clients including Grundfos and Würth Danmark, indicating an ability to win and retain large, creditworthy customers with long procurement cycles. The business model benefits from a degree of structural revenue predictability through recurring consumable sales (printer ribbons, plastic cards, RFID tags) and potential software maintenance or SaaS contracts via the IDealsystems IAM platform. The dual-channel approach — combining B2B project work with a direct webshop — further diversifies revenue streams and reduces dependence on any single sales motion. EU market reach via idcompany.eu adds modest geographic diversification beyond Denmark. However, as a small Danish ApS (estimated 5–30 employees), the company faces inherent limitations in financial buffers, access to capital, and key-person concentration risk. Hardware distribution margins are structurally under pressure from manufacturer direct-sales strategies and competing distributors. The broader technology landscape poses a medium-term structural risk: physical ID cards and RFID-based access are increasingly challenged by mobile credentials, biometrics, and cloud-based IAM platforms from large global vendors such as Microsoft and HID itself. The overall resilience score of 6 reflects a solid but vulnerable niche operator: strong in its current market position and client relationships, but exposed to technology disruption, supplier dependency, and the financial fragility typical of micro-to-small enterprises. The absence of publicly available financial data prevents a more precise quantitative assessment.

Key strengths: HID Global Platinum Partner status providing competitive differentiation and preferential supplier terms, Recurring consumable revenue (ribbons, plastic cards, RFID tags) providing revenue predictability, Blue-chip client references including Grundfos and Würth Danmark, Dual-channel model combining B2B project sales with direct webshop, Broad multi-brand hardware portfolio (HID/Fargo, Magicard, Evolis, Zebra, Datacard, Nisca) reducing single-supplier dependency, EU market reach via idcompany.eu beyond core Danish market, FIDO2 and IAM software offerings (IDealsystems) demonstrating awareness of digital identity trends

Risk factors: Small company scale (estimated 5–30 employees) implying limited financial buffers and key-person concentration risk, Technology disruption from mobile credentials, biometrics, and cloud-based IAM solutions from larger global players, Structural margin pressure in hardware distribution from manufacturer direct-sales and competing distributors, Supplier dependency on HID Global — any change in HID's distribution strategy could materially impact the business, Geographic concentration in Denmark exposing the company to the Danish economic cycle, Limited access to capital markets as a private ApS, Potential disintermediation risk as manufacturers increasingly sell direct to end customers

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Revenue by product/service

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