NemKonto Due Diligence
Run due diligence on NemKonto: check compliance and get alerts when suppliers or ownership change.
Denmark · owned by Danish Agency for Digital Government (Denmark) · nemkonto.dk · 18 vendors
NemKonto is Denmark's official system for processing payments from public authorities to citizens and companies.
Resilience scores
- Digital Sovereignty: 50
- Digital Resilience: 8
- Financial Resilience: 9
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Insights
Last updated 2026-09-13 · revision 8
18 direct vendors, 231 subvendors
Direct vendors by controlling owner country (sample)
- Denmark: 5
- Australia: 1
- Japan: 2
Subvendors by controlling owner country (sample)
- Netherlands: 5
- Singapore: 1
- United States: 149
Compliance
4 in-scope frameworks identified; showing 3.
GDPR (source) — No public evidence
Danish government agency processing personal data of all Danish citizens and residents (CPR numbers, bank account details, payment information).
Evidence: https://www.nemkonto.dk/en/collection-of-personal-data/
SOC 2 (source) — No public evidence
Relevant as NemKonto operates as a service organization handling sensitive financial data, representing best practices for security controls.
NIS2 (source) — No public evidence
Critical public administration system in Denmark that handles essential government payment infrastructure; falls under NIS2 as an Essential Entity.
Evidence: https://www.nemkonto.dk/en/
Financials
Three-year financials
- 2024: revenue 897.3M DKK, EBIT -1.4M DKK, equity -271.0M DKK
- 2023: revenue 797.9M DKK, EBIT 65.4M DKK, equity 346.9M DKK
- 2022: revenue 781.6M DKK, EBIT -0.2M DKK, equity 355.1M DKK
Financial Resilience Score: 9/10
NemKonto is a critical component of Denmark's national digital infrastructure, managed by the Danish Agency for Digital Government (Digitaliseringsstyrelsen). As a state-backed system, its financial resilience is exceptionally high, supported by mandatory participation from all Danish citizens and businesses. The system facilitates over 100 million payments annually from the public sector, making it an indispensable monopoly service for government operations. Financial results reflect the agency's budget management rather than market-driven profitability, with deficits or surpluses typically representing timing differences in infrastructure investment and grant utilization. The agency's transition to a new ministry and the ongoing re-tendering of the NemKonto system (awarded to Tietoevry to replace the legacy system) represent significant technical and operational milestones. While the 2024 financial report indicates a deficit and a shift in net asset position—likely due to heavy investments in infrastructure modernization and organizational restructuring within the Ministry of Digital Government—the long-term viability is guaranteed by the Danish state. Risks are primarily operational, involving cybersecurity and the technical complexities of migrating millions of accounts to a new backend provider.
Key strengths: Sovereign backing by the Danish Government, Monopoly status in public payout infrastructure, High transaction volume (102 million payments in 2024), Strategic importance for national digital strategy
Risk factors: Technical migration risks to new system provider, Cybersecurity and data privacy threats, Regulatory changes in EU digital identity frameworks
Revenue by geography
- Denmark: 100%
Revenue by product/service
- Digital Infrastructure (NemKonto, MitID, Digital Post): 60%
- Digital Inclusion & Other: 15%
- Data & Technology Strategy: 15%
- Cyber & Information Security: 10%
Workforce by country
- Denmark: 500
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