Penneo A/S (PENNEO.CO) Stock Price

Penneo A/S Price

Delisted

Revenue has compounded at 25.4% per year over the past 5 years to 88.45 M DKK. Penneo A/S's net margin stands at -28.0%, down from -1.3% several years earlier.

Penneo A/S stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Penneo A/S over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Penneo A/S stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Penneo A/S's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Penneo A/S Stock Price History
DatePenneo A/S Price
Access this data via the Eulerpool API

Penneo A/S Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
54.28 M DKK
-22.77 M DKK
-18.63 M DKK
Jan 1, 2022
72.06 M DKK
-23.46 M DKK
-20.26 M DKK
Jan 1, 2023
88.45 M DKK
-23.10 M DKK
-24.73 M DKK
Jan 1, 2024 (e)
0.00 DKK
-7.07 M DKK
0.00 DKK
Jan 1, 2025 (e)
122.00 M DKK
-37.66 M DKK
3.29 M DKK
Jan 1, 2026 (e)
150.00 M DKK
-46.30 M DKK
10.06 M DKK
Jan 1, 2027 (e)
179.76 M DKK
-55.48 M DKK
19.03 M DKK
Jan 1, 2028 (e)
301.81 M DKK
37.85 M DKK
0.00 DKK

Penneo A/S Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 11, 2026, 1:56 AM
 
REVENUEM DKK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM DKK
EBITM DKK
EBIT MARGIN%
NET INCOMEM DKK
NET INCOME GROWTH%
SHARESM
2018201920202021202220232024e2025e2026e2027e2028e2029e
28.0033.0035.0054.0072.0088.00122.00150.00179.00301.00367.00
17.866.0654.2933.3322.2222.9519.3368.1621.93
57.1451.5280.0081.4881.9486.3686.3686.3686.3686.3686.36
16.0017.0028.0044.0059.0076.0076.00105.36129.55154.59259.95316.95
3.00-16.00-22.00-23.00-23.00-7.00-37.00-46.00-55.0037.00
10.71-45.71-40.74-31.94-26.14-30.33-30.67-30.7312.29
2.00-12.00-18.00-20.00-24.003.0010.0019.00
50.0011.1120.00233.3390.00
33.9224.6725.1325.2131.9233.9233.9233.9233.9233.9233.9233.92
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Penneo A/S generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Penneo A/S retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Penneo A/S's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Penneo A/S has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Penneo A/S's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Penneo A/S stock margins

The Penneo A/S margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Penneo A/S. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Penneo A/S.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
53.85 %
0.19 %
-1.35 %
Jan 1, 2020
80.26 %
-45.91 %
-36.03 %
Jan 1, 2021
82.20 %
-41.94 %
-34.33 %
Jan 1, 2022
82.62 %
-32.56 %
-28.12 %
Jan 1, 2023
86.02 %
-26.12 %
-27.96 %
Jan 1, 2024 (e)
86.02 %
- %
0.00 %
Jan 1, 2025 (e)
86.02 %
-30.87 %
2.70 %
Jan 1, 2026 (e)
86.02 %
-30.87 %
6.71 %

Penneo A/S Stock Revenue, EBIT, Earnings per Share

The Penneo A/S earnings per share therefore indicates how much revenue Penneo A/S has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
1.34 DKK
0.00 DKK
-0.02 DKK
Jan 1, 2020
1.41 DKK
-0.65 DKK
-0.51 DKK
Jan 1, 2021
2.15 DKK
-0.90 DKK
-0.74 DKK
Jan 1, 2022
2.26 DKK
-0.73 DKK
-0.63 DKK
Jan 1, 2023
2.61 DKK
-0.68 DKK
-0.73 DKK
Jan 1, 2024 (e)
0.00 DKK
-0.21 DKK
0.00 DKK
Jan 1, 2025 (e)
3.69 DKK
-1.11 DKK
0.10 DKK
Jan 1, 2026 (e)
4.54 DKK
-1.36 DKK
0.30 DKK

Penneo A/S business model & stock analysis

Penneo A/S was founded in 2014 by Danish businessmen Christian Birch and Nicolai Kronborg. The idea behind the company came about when the two founders realized there was still much potential in the field of digital signatures. The business model of Penneo A/S is simple: the company offers a software platform on which documents can be digitally signed. This makes the signing process much faster and more efficient. There is no longer a need to print, sign, and rescan documents. Instead, documents can be signed directly on the computer or mobile device. The Penneo A/S platform offers a high level of security and protection for personal data. The documents are encrypted and only accessible to authorized parties. In addition, Penneo A/S complies with all EU data protection regulations, which is particularly important for businesses in regards to GDPR. Penneo A/S has several divisions specialized in different industries and needs. One of them is the real estate industry. Various documents such as contracts and agreements can be quickly and efficiently digitally signed here. Another area is finance. Banks and financial institutions can present their customers with digital documents for signing quickly and securely. Overall, Penneo A/S offers a wide range of products tailored to the specific needs of customers. For example, there is an app that allows documents to be digitally signed on the go. In addition, customers can integrate their own branding, such as logos and colors, into the platform to represent their company. In recent years, Penneo A/S has experienced strong growth. The company now has over 750 customers in Denmark, Sweden, Norway, Germany, the UK, and Ireland. These include small and medium-sized enterprises as well as large corporations. Penneo A/S has also received several awards for its business model and innovative technology. Conclusion: Penneo A/S is an emerging company in the field of digital signatures. The software platform provides businesses with a fast, efficient, and secure way to digitally sign documents. With several specialized divisions and products, Penneo A/S has shown high growth potential and is on track to become one of the leading providers of digital signatures.

Penneo A/S SWOT Analysis

Strengths

Penneo A/S has a strong reputation in the market as a trusted provider of digital document management solutions.

The company offers a user-friendly and secure platform, which has gained popularity among its customers.

Penneo A/S has developed strong relationships with key industry players, enabling strategic partnerships and collaborations.

Weaknesses

One of Penneo A/S's weaknesses is its relatively small market share compared to larger competitors.

The company heavily relies on its existing customer base, which poses a risk in terms of diversification and expansion.

Penneo A/S may face challenges in keeping up with rapidly evolving technology trends and customer demands.

Opportunities

There is a growing demand for digital document management solutions, providing an opportunity for Penneo A/S to expand its market share.

The increasing focus on data security and compliance regulations creates a favorable environment for Penneo A/S to offer its secure platform.

Penneo A/S can explore potential partnerships with other technology companies to enhance its product offering and reach a wider customer base.

Threats

Intense competition within the document management industry poses a threat to Penneo A/S's market position and profitability.

Technological advancements and disruptive innovations may render Penneo A/S's current solutions less attractive or obsolete.

Changes in regulatory frameworks and compliance requirements can impact Penneo A/S's ability to meet customer needs and maintain legal compliance.

Penneo A/S Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Penneo A/S historical P/E ratio, EBIT multiple, and P/S ratio

Penneo A/S annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Penneo A/S shares outstanding

The number of shares of Penneo A/S was 33.92 M in 2025. This indicates how many shares Penneo A/S is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
24.67 M Stocks
Jan 1, 2020
25.13 M Stocks
Jan 1, 2021
25.21 M Stocks
Jan 1, 2022
31.92 M Stocks
Jan 1, 2023
33.92 M Stocks
Jan 1, 2024 (e)
33.92 M Stocks
Jan 1, 2025 (e)
33.92 M Stocks
Jan 1, 2026 (e)
33.92 M Stocks
Price targets and forecasts for Penneo A/S are not yet available.

Penneo A/S Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/24/2022-0.13DKK-22.33 MDKK-2022 Q2
5/24/2022-0.22DKK-15.90 MDKK-2022 Q1

Penneo A/S shareholder structure

% Name
108.12425%
Visma Danmark Holding A/S
Visma Danmark Holding A/S
0.00000%
Andersen Advisory Group A/S
Andersen Advisory Group A/S
0.00000%
ATP
ATP
0.00000%
BI Asset Management Fondsmæglerselskab A/S
BI Asset Management Fondsmæglerselskab A/S
0.00000%
Biostrat Biotech Consulting ApS
Biostrat Biotech Consulting ApS
0.00000%
Clausen Online ApS
Clausen Online ApS

Penneo A/S Beneficial Ownership Filings (SEC 13D/G)

Free Float
82.2%
Float Shares
-
Shares Outstanding
-

Penneo A/S Executives and Management Board

22 members · avg. age 62

Management

AS

André Clement Schack

Chief Commercial Officer · since 2014

CS

Christian Stendevad

Chief Executive Officer · since 2022

CA

Christian Trolle Andersen

Operations Manager & Legal Head

CC

Casper Nielsen Christiansen

Chief Financial Officer · since 2018

ES

Erik Selmann

Chief Information Security Officer · since 2019

JF

Jan Flora

Chief Technology Officer & Director · since 2014

Board of Directors

JO

Jesús Otero

Engineering Director · since 2020

NM

Nicolaj Højer Nielsen, MBA

Director · since 2014

MN

Morten Nybye-Petersen

Director-Business Development · since 2020

JN

Jannic Nielsen

Product Director

MA

Mads Paludan Aabling

Sales Director · since 2019

MM

Mathias Klindt Mortensen

Accounting Director · since 2019

Penneo A/S Supply Chain

Penneo A/S Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
2 companies
#NameTrend
1
Paychex
Supplier·Customer·IT Services·US
0.58
0.68
0.79
0.55
-0.67
-0.46
2
Jyske Bank
Customer·Banks·DK
-0.93
0.11
0.35
-0.18
-0.78
-0.43

Frequently asked questions about Penneo A/S

The business model of Penneo A/S revolves around providing secure and efficient digital document management solutions. Penneo A/S offers a cloud-based platform that enables companies to securely sign, send, and store digital documents while ensuring compliance with legal requirements. This Denmark-based company caters to various industries, including finance, accounting, legal, and human resources. By streamlining document workflows and eliminating manual processes, Penneo A/S helps organizations improve productivity, reduce paperwork, and increase data security. With its user-friendly interface and robust features, Penneo A/S empowers businesses to embrace digital transformation and enhance their overall document management efficiency.

Penneo A/S is primarily active in the industries of digital document management and e-signature solutions.

The main competitors of Penneo A/S in the market include DocuSign, Adobe Sign, and SignNow.

Penneo A/S is a renowned company in the digital document management sector. Established in 2014, Penneo A/S has rapidly become a leading force in providing secure and user-friendly solutions for electronic signatures, document workflows, and compliance. The company's innovative platform combines advanced encryption technology with a simple interface, allowing businesses to eliminate paperwork, streamline processes, and enhance overall efficiency. Penneo A/S has gained recognition for its commitment to data security and compliance with industry regulations, earning the trust of countless customers worldwide. With its rich history of technological excellence, Penneo A/S continues to thrive as a dependable partner in the digitalization journey for various industries.

Penneo A/S, a leading company in digital signature and document management solutions, has achieved numerous significant milestones. Some notable achievements include expanding its customer base globally and establishing partnerships with renowned organizations. The company has received prestigious awards for its innovative technology and seamless integration solutions. Penneo A/S continues to revolutionize the way businesses manage and secure their documents, ensuring efficiency, compliance, and improved productivity. With continuous advancements and a commitment to providing top-notch services, Penneo A/S is paving the way for secure and efficient digital transformation in various industries.

Penneo A/S is primarily present in Denmark, as it is a Danish company.

Penneo A/S represents values of innovation, trust, and efficiency in its corporate philosophy. As a leading technology company, Penneo A/S strives to be at the forefront of digital transformation in the business world. With a focus on providing secure and legally binding digital document management solutions, Penneo A/S aims to streamline processes and enhance productivity for businesses of all sizes. Through their advanced software and dedicated team, Penneo A/S enables organizations to simplify administrative tasks and ensure compliance with regulations. By embracing cutting-edge technology and maintaining a customer-centric approach, Penneo A/S fosters a culture of progress and excellence in the digital document management industry.

6 analysts currently rate the Penneo A/S stock: 0 recommend buying, 3 holding and 3 selling. For 2026, analysts expect Penneo A/S to generate revenue of 150.00 M DKK and earnings per share of 0.30 DKK.

The Penneo A/S share (PENNEO.CO) is listed on 3 stock exchanges, including: Frankfurt (4ZD.F).

Penneo A/S is a cloud-based company based in Copenhagen, Denmark that offers digital signature and compliance solutions across industries. Since its founding in 2014, Penneo has had over 100,000 users in more than 30 countries and works with customers in various sectors such as insurance, finance, healthcare, legal, and real estate. Penneo's business model is based on providing digital solutions that help companies improve their business processes in terms of compliance, data privacy, and transparency. The company offers various products and services, including: - Digital signature: Penneo offers digital signature solutions that allow companies to easily and securely sign and send documents electronically. Penneo's digital signature is legally binding and meets the highest security standards. - Compliance management: With Penneo, companies can automate and optimize their compliance efforts. The company offers a compliance management platform that allows companies to harmonize and monitor their processes in compliance with laws and regulations such as the European General Data Protection Regulation (GDPR). - KYC/AML solutions: Banks' anti-money laundering (AML) authorities have strict requirements. Penneo can assist in reducing risks in advance. Penneo's business model is based on a subscription model. Customers can choose between different packages and receive tailored solutions based on their individual needs. The company also offers customized solutions for large companies with specific requirements. Penneo is a key player in a rapidly evolving market for digital solutions. The company recognizes the importance of data and information security and supports companies in implementing high standards in this area. By providing scalable and user-friendly digital solutions, Penneo helps companies automate and optimize their processes, as well as increase security and compliance. In terms of its growth strategy, Penneo focuses on expanding into new markets and continuously improving its products. The company invests strategically in research and development to solidify its position as an innovation driver in this field. With a strong focus on customer satisfaction and excellent service, Penneo has received excellent ratings from its customers and has established a strong market position.

The expected revenue of Penneo A/S is 150.00 M DKK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Penneo A/S is 10.06 M DKK. The net profit reflects the company's profitability after deducting all expenses.

The P/E ratio cannot be calculated for Penneo A/S at the moment.

The P/S cannot be calculated for Penneo A/S currently.

The Eulerpool Quality Score for Penneo A/S is 2/10.

The ISIN of Penneo A/S is DK0061283009. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Penneo A/S is A2P6MX. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Penneo A/S is PENNEO.CO. The ticker symbol is used to trade Penneo A/S shares on the stock exchange.

Penneo A/S is assigned to the 'Information technology' sector.

The dividends of Penneo A/S are distributed in DKK.

All fundamentals and in-depth analysis of Penneo A/S

Our stock analysis for Penneo A/S stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Penneo A/S. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.