Experience

LED iBond

• Denmark
• Appliances, Electrical, and Electronics Manufacturing
• 1 - 100 Employee

• CFO

  • Aug 2022 - Present

  LED iBond delivers innovative lighting solutions based on patented LED-technology. LED iBond creates new ways of connecting data (IoT) with light and develop innovative lighting solutions. LED iBond works strategically with 4 of UN’s Global Goals. The group is headquartered in Denmark and has 2 subsidiaries. Further, LED iBond is the largest shareholder in 2 associated companies. Listed on Nasdaq First North Growth Market. Market cap: €4 million. 13 employees. Own shareholding: 1.6%. Responsibility: • Group finance. Financial group reporting to CEO & BoD • Financial reporting and company announcements to Nasdaq • IR, presentations and communication with shareholders. AGM/EGM • Month-end group closings, consolidation, budget, forecasts & controlling • Internal controls, financial reviews, group audit • Compliance: ESG, risk management, Nasdaq/MAR/FSA, insider lists • Payroll, insurance, administration & facility services Management: • Reporting to the CEO. Participation in board meetings • Daily management of Finance, HR & administration. Results: • Raise of €1.2 mill. in new capital via the stock market - Rights issue in November 2022 • Turn around of all companies with €0.5 million cost savings • Revenue growth og 30% YoY (Q4 vs Q4) • Implementation of ERP and integration with production, procurement and sales Show less



ChemoMetec

• Denmark
• Biotechnology Research
• 100 - 200 Employee

• CFO

  • Oct 2021 - May 2022

  ChemoMetec manufactures/sells human cell counting instruments and AI services to the pharma industry. The group is headquartered in Denmark and has subsidiaries in US, Germany and France. 97% exports to 100+ countries. Revenue: €54 mill./EBITDA: €24 mill. Listed on Nasdaq Copenhagen, Large Cap. Market cap: €2 billion. 150 employees. Responsibility: • Group finance. Financial group reporting to CEO & BoD • Financial reporting (IFRS) and company announcements to Nasdaq • IR, presentations and communication with shareholders. AGM • Month-end group closings (IFRS / local GAAP), forecasts & controlling • Internal controls, financial reviews, group audit • Group tax and group transfer pricing • Compliance: ESG, risk management, Nasdaq/MAR/FSA, insider lists • IT, cyber security & digitisation • HR, payroll, insurance, administration & facility services. Management: • Reporting to the CEO. Participation in board meetings • Daily management of Group Finance, IT, HR & Facility Management (12 employees). Results: • 58% YoY revenue growth, 73% EBITDA growth • EBITDA margin increased from 50.5% to 55.3% • 3 times raise of financial guidance - revenue and EBITDA • Release of the group's Q1 2021/22 report + Interim H1 2021/22 report • 8 company announcements • Implementation of transfer pricing in the group. Show less



Agillic

• Denmark
• Software Development
• 1 - 100 Employee

• CFO

  • Sep 2020 - Sep 2021

  Agillic is a Danish B2B technology company (SaaS) within AI-based marketing automation/ omnichannel solutions. The company is backed by VCs and listed on Nasdaq First North Copenhagen. Own sales offices and partners in the Nordics, UK, DACH, CEE and US. Revenue: €7.2 mill./EBITDA: €0.5 mill. ARR: €6.5 mill. Market cap: €40 mill. 55 employees. Responsibility: • Consolidated financial reporting (IFRS) to CEO, BoD & C-level • Financial reporting (IFRS) and company announcements to Nasdaq together with Certified Adviser • IR together with CEO. Communication with shareholders. AGM/EGM • Month-end closings (IFRS), forecasts & controlling • Market making • Contracts with new international partners and commission models • Audits • Compliance: Risk management, ESG, GDPR, IT/security (ISO27001, ISAE3000), Nasdaq/MAR & FSA • IT & digitisation projects (new Business Central prepared for BI) • Legal (all contracts), payroll, HR, FM • Nearshoring of SW development (Romania) & sourcing • Management of warrant programs (Black-Scholes) • Subscription modelling + related sales and partner bonus structure. Management: • Reporting to the CEO. Participation in board meetings • Daily management of 3 employees (Finance manager, finance accountant and legal assistant). Results: • EBITDA growth from € -0.2 to +0.5 mill. in 13 months • EBITDA margin increased from -0.6% to 8.4% • Raise of €1.6 mill. in new capital via the stock market (institutional and private placement) • Raise of EBITDA guidance once • Release of annual report 2020, HY 2021 and Q1/Q3-reports • 19 company announcements • ISAE3000 certification (GDPR compliance). Show less



DLH Group

• Canada
• Truck Transportation
• 1 - 100 Employee

• Group CFO

  • Jun 2018 - Apr 2020

  DLH Group (Dalhoff Larsen & Horneman) is a leading Danish wholesaler and logistics company in construction and building materials. The group consists of DLH A/S and 4 foreign subsidiaries. Revenue: €45 mill./EBITDA: €2.9 mill. The company is backed by VCs and listed on Nasdaq Copenhagen, Small Cap. Market cap €14 mill. 35 employees. Responsibility: • Financial and strategic development presentations to CEO & BoD • Group finance. Financial reporting (IFRS) and company announcements to Nasdaq • IR and investor presentations. Road shows in different investor networks (Dansk Aktionærforening etc.). • AGM/EGM’s • Month-end group closings, group consolidation (IFRS), forecasts, budget and controlling • Group tax and transfer pricing • Compliance: CG, CSR, ESG, risk management, Nasdaq/MAR, FSA, insider lists, IR website, GDPR • Management of company warrant program (Black-Scholes) • Group audits • Legal, IT, HR, payroll, insurance and sourcing. Management: • Reporting to the CEO, BoD and Audit committee. Participation in board meetings • Daily management of 4 employees (Finance manager/controller, accountants and IT-manager). Results: • EBITDA: €0 to €2.9 mill. in 18 months. Net profit: 441% YoY. Share price up 36% in 18 months • Sourcing program reducing administrative costs with 26% • Cash flow turned around from negative to positive • New ERP with logistics + digitisation of order flow, AP/AR and prep of Power BI • Turn around and restructure of group subsidiaries • Strategic review, IM, preparing the group for sale. Data room • Sale of all assets to a Norwegian industrial buyer (€14 mill.). Show less



Conscia Danmark A/S

• Denmark
• IT Services and IT Consulting
• 100 - 200 Employee

• CFO

  • Aug 2014 - Jun 2018

  Conscia is a leading Cisco Gold partner in IT infrastructure, SaaS, consulting and IT security. The group consists of Conscia Holding, Conscia Denmark and 4 foreign subsidiaries. Revenue: €200 mill./EBITDA €13 mill. ARR €13 mill. Backed by VCs and Axcel. Responsibility: • Consolidated financial reporting to Group CEO/CFO • Month-end closings, SaaS reporting for the Danish companies, forecasts and budget • Business controlling of subscriptions, GP per service area, per client, per project, SaaS metrics • WIP calculations and degree of completion on contracts • Cash management and funding • Compliance. New internal controls, process descriptions (NAV) and risk management • Audits • Hedging (€50 mill.) • Sales ordering/Procurement and inventory handling (€110 mill.) • Administration (Reception, leases, pension schemes, payroll, etc.) • IT-support • HR/payroll and facility services. Management: • Reporting to the Group CEO/Group CFO • Daily management of shared service (11 employees). Results: • EBITDA: €11.8 mill. to 13.3 mill. • M&A. Integration of two acquisitions in Conscia’s existing setup • Implementation of a new ERP-system (NAV 2015) with integration to Cisco in DK & Sweden, which led to the team being able to handle an additional revenue of €35 mill./ARR €4 mill. • Digitisation of all sales ordering, invoicing, ledger, WIP, expense management • External integration to customers, suppliers and partners supporting the SaaS/Axcel’s reporting model • Financial management of Cisco Partner Model • Restructured shared service to one department: Finance, Sales ordering, Procurement, IT, HR & reception. Show less



Transcom

• Outsourcing and Offshoring Consulting
• 700 & Above Employee

• Regional Manager / Group CFO Europe & Board Member

  • Apr 2001 - Jul 2014

  Transcom is a service outsourcing group located in 30 countries. The group provides call center services (CRM) and credit management services (CMS: SaaS Fintech / AI). PE-backed by Kinnevik group. CMS Europe’s revenue: €70 mill. ARR €65 mill. EBIT: €10 mill. Listed on Nasdaq Stockholm, Mid Cap. Market Cap: €300 mill. 30,000 employees. 2012-2014: RGM/Group CFO Transcom CMS Europe (850 employees) 2008-2012: RGM/CFO Transcom CMS North and CRM DK (600 employees) 2005-2008: CEO/CFO Transcom CRM & CMS DK (400 employees). 2001-2005: CEO/CFO Transcom CMS A/S (now Collectia A/S) (35 employees). Responsibility: • Strategy & business development of the CMS division • Development of SaaS subscription models (Gold, Silver, Bronze) • SW development of an AI-based platform handling automated reminders, CMS and payment flows integrated with credit scoring • Company announcements to Nasdaq together with Group CEO: Q-reports, half year and annual reporting. Financial guidance CMS • Financial group reporting (IFRS) and consolidation of 11 countries (DK, S, N, D, A/CH, PL, CZ, GB, F & CR) • Compliance: ESG, CG, CSR for CMS. Nasdaq Stockholm/MAR • Group audits • Transfer pricing CMS • Legal (all contracts). Management: • Reporting to the Group CEO. Participation in board meetings • Board member in 11 CMS countries. • Management of 850 employees including 7 CMs and 7 CFOs. Results: • EBIT increase from €5 to 10 mill. in Transcom CMS • ARR growth from €5 mill. in 2001 to €65 mill. in 2014 • The SaaS based CMS AI platform generated 3,000+ new subscriptions (large B2Cs) • M&A. 3 international acquisitions/ finance integrations in D, PL, CZ • Responsible for strategic review, data room, investor presentations together with SEB and sale of Transcom CMS D, PL, CZ & CR (€60 mill.) • Capital raise of €10 mill. from Kinnevik AB. Show less



Statens Serum Institut

• Denmark
• Research Services
• 700 & Above Employee

• CFO

  • Aug 1996 - Mar 2001

  SSI is a pharmaceutical service company operating in R&D, vaccines and diagnostics. Turnover €200 mill. 1,100 employees. 1998-2001: CFO Diagnostics: Finance, Logistics, Sales ordering, Procurement, IT and M&A (4 TLs, 55 employees). Responsible for annual, monthly reporting. Audits. Budget. Forecasts. Business controlling of 27 departments. Implementation of a new ERP-system (SAP). Implementation of a new Laboratory Information Management System (LIMS) in Diagnostics (400 employees). 1996-98: M&A consultant for the Group CEO. Responsible for divestments of R&D projects and patented technologies. EU funding. Show less



Deloitte

• Business Consulting and Services
• 700 & Above Employee

• Management Consultant

  • Jul 1995 - Jul 1996

  Employed in Corporate Finance/Transaction Services. Project Manager for M&A. One IPO. Investor rounds. Valuation. Contact to potential buyers, NDA, valuations, preparation of teaser, Information Memorandums, company presentations, data rooms and participation in negotiations. Raising new capital for clients in relation to investor rounds + preparation of Information Memorandums. Employed in Corporate Finance/Transaction Services. Project Manager for M&A. One IPO. Investor rounds. Valuation. Contact to potential buyers, NDA, valuations, preparation of teaser, Information Memorandums, company presentations, data rooms and participation in negotiations. Raising new capital for clients in relation to investor rounds + preparation of Information Memorandums.



Arthur Andersen Business Consulting

• Accounting
• 1 - 100 Employee

• Management Consultant

  • Jul 1994 - Jun 1995

  Employed in Corporate Finance. Project Manager for M&A projects, preparation of NDA's, valuations, investor material and data rooms. Responsible for one IPO including preparation of IM together with the department partner and team. Part of a team on another IPO. Raise of new capital for two clients irt. financing rounds. Employed in Corporate Finance. Project Manager for M&A projects, preparation of NDA's, valuations, investor material and data rooms. Responsible for one IPO including preparation of IM together with the department partner and team. Part of a team on another IPO. Raise of new capital for two clients irt. financing rounds.



Copenhagen Business School

• Denmark
• Higher Education
• 700 & Above Employee

• External Lecturer

  • 1994 - 1995

  Managerial Economics, Accounting, Investment & Financing Managerial Economics, Accounting, Investment & Financing



Danske Bank

• Denmark
• Financial Services
• 700 & Above Employee

• FX Dealer/Bank Adviser

  • Aug 1986 - May 1994

  From: 1992-94: Bank adviser. HQ. Treasury. Hedging with swaps and options From: 1990-92: Bank adviser - business segment. Loan/credit and advisory From: 1988-90: Bank adviser – private segment. Loan/credit and advisory From: 1986-88: Bank clerk. From: 1992-94: Bank adviser. HQ. Treasury. Hedging with swaps and options From: 1990-92: Bank adviser - business segment. Loan/credit and advisory From: 1988-90: Bank adviser – private segment. Loan/credit and advisory From: 1986-88: Bank clerk.