kompasbank a/s
Denmark · owned by Independent (Denmark) · kompasbank.dk · 31 vendors
kompasbank is a digital business bank focused on serving small and medium-sized enterprises (SMEs) in Denmark. The company provides business financing, leasing solutions, currency exchange, and advisory services, positioning itself as 'Denmark's fastest business bank for SMEs' with loan amounts ranging from DKK 500,000 to DKK 25,000,000.
Resilience scores
- Digital Sovereignty: 23
- Digital Resilience: 6
- Financial Resilience: 7.5
Technology vendors
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- and 28 more
Insights
Last updated 2026-09-13 · revision 14
31 direct vendors, 263 subvendors
Direct vendors by controlling owner country (sample)
- Iceland: 1
- Norway: 1
- United States: 16
Subvendors by controlling owner country (sample)
- Spain: 1
- Poland: 1
- Portugal: 1
Migration Readiness: 7/10
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 bank shows high migration readiness, characteristic of a modern fintech entity. As a digital bank founded recently (scaling significantly since 2021), the technology stack is likely cloud-native or modular, avoiding the legacy mainframe debt of traditional banks. The usage of 83 external services indicates an API-driven, best-of-breed architecture rather than a monolithic lock-in, which significantly eases component migration. Financial stability is a strong enabler for funding migration initiatives. The primary constraints are regulatory: as a Danish bank, strict adherence to the Danish Financial Business Act, GDPR, and potentially NIS2 requires that any migration maintains strict EU/Denmark data residency and supervisory access, limiting target hosting environments. The complexity of re-integrating 83 services during a move also presents a logistical challenge, though the low vendor lock-in is a net positive.
Compliance
7 in-scope frameworks identified; showing 3.
EU Capital Requirements Regulation — Assessment Required
CRR establishes prudential requirements for credit institutions including capital ratios, liquidity coverage, and risk management. Compliance is mandatory for all EU banks.
CRR applies to all EU credit institutions and investment firms. As a Danish bank, Kompasbank must comply with capital adequacy requirements, liquidity standards, and risk management frameworks. Non-compliance can result in regulatory intervention and operational restrictions.
ISO 27001 (source) — Assessment Required
Recommended for banking institutions to demonstrate systematic approach to information security management. This would complement GDPR and NIS2 compliance efforts.
ISO 27001 is not legally mandatory but is considered best practice for financial institutions. Many banks pursue this certification to demonstrate information security management maturity. While not having it doesn't create legal risk, it may impact customer confidence and regulatory relationships.
ISAE 3000 (source) — Assessment Required
Applies to assurance engagements other than audits or reviews. Relevance depends on whether Kompasbank provides assurance services or requires assurance reporting for stakeholders.
ISAE 3000 is relevant for assurance services and may be required if Kompasbank provides assurance reporting to clients or stakeholders. The risk is low as this is typically a voluntary framework unless specifically required by contracts or regulations.
Financials
Three-year financials
- 2020: gross profit DKK -5.33M, EBIT DKK -13.7M, equity DKK 787K
- 2019: gross profit DKK -9.34M, EBIT DKK -19.4M, equity DKK 7.81M
- 2018: gross profit DKK -7.71M, EBIT DKK -13.0M, equity DKK 13.0M
Financial Resilience Score: 7.5/10
Kompasbank demonstrates strong financial resilience for a bank at its stage of development, primarily driven by a robust capital base and a clear path to sustainable profitability. The bank's capital adequacy is its strongest point, with a Total Capital Ratio of 20.3%, significantly above the regulatory requirement of 11.5%. This provides a crucial cushion against unexpected loan losses and supports future growth. The score is tempered by the bank's short operating history and high market concentration. While the transition to profitability in 2023 is a critical validation of the business model, the bank has not yet been tested through a significant economic downturn. Its resilience remains theoretical until it navigates a full credit cycle within the Danish SME sector.
Key strengths: Capital Adequacy (20.3% Total Capital Ratio), Achievement of first full-year profit in 2023, Disciplined credit assessment and EIF partnership, Strong liquidity and stable deposit growth
Risk factors: Short operating history (founded 2020), Geographic concentration (100% Denmark), Sector concentration (SME lending), Untested performance in economic downturns
Revenue by geography
- Denmark: 100%
- Rest of World: 0%
Revenue by product/service
- Net Interest Income: 87.5%
- Fee and Commission Income: 12.5%
Workforce by country
- Denmark: 75
- Other Countries: 0
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