Duka A/S

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Duka A/S - overview

Established

2010

Location

-, -, Denmark

Primary Industry

IT Security/Cybersecurity

About

Duka A/S provides comprehensive IT support and services, focusing on enhancing user experiences for both individual consumers and organizations. The company specializes in computer sales and troubleshooting services tailored to meet diverse client needs. Duka A/S, founded in 2010 in Denmark, offers IT support services aimed at simplifying technology usage. The company was acquired by Executive Capital on June 1, 2017, though financial terms were not disclosed.


Lars Larsen, the founder, has a background in technology and entrepreneurship. Duka A/S specializes in providing IT support and services designed to simplify the user experience for clients. Their core offering includes IT assistance and computer sales, enabling customers to receive comprehensive support for both hardware and software issues. Duka serves a diverse client base, which includes individual consumers and members of organizations like Ældre Sagen and Forbrugsforeningen, who benefit from exclusive discounts and bonuses.


The company's services encompass troubleshooting for common issues such as printer malfunctions and software adaptability, addressing the challenges users face when technology does not operate as expected. Duka operates primarily in the Danish market, catering to both elderly users seeking reliable IT support and general consumers who require assistance with their electronic devices. Additionally, the company provides educational resources through articles and guides that help clients make informed decisions about their IT needs. Duka A/S generates revenue through a combination of direct sales, IT support services, and partnerships with member organizations that offer exclusive benefits to their constituents.


The company reported an EBITDA of USD 1,310,173. 70 for the year 2023. Customers typically engage in transactions on a fee-for-service basis for IT support, while also having the option to purchase computers and accessories directly from Duka. Additionally, the company fosters partnerships with organizations such as Ældre Sagen, allowing members to access special pricing and promotions, thereby enhancing customer loyalty and repeat business.


The business model emphasizes direct-to-consumer relationships, which enable customers to interact with Duka's customer service team via phone, email, or chat to resolve issues or make purchases. In light of the acquisition by Executive Capital, Duka A/S is poised for future growth with plans to enhance its product offerings and expand its market reach. The company is currently designing new IT support products aimed at addressing emerging technological challenges, with expected launches in the upcoming year. Additionally, Duka plans to target expansion into other Scandinavian markets, including Sweden and Norway, by the end of 2025.


The funding received from the acquisition will be strategically utilized to support these product developments and market expansion initiatives.


Current Investors

Executive Capital

Primary Industry

IT Security/Cybersecurity

Sub Industries

Internet, IT Infrastructure, IT Security/Cybersecurity

Website

www.duka.dk

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Duka A/S - financials

Fiscal Year EndedJun 30, 2011Jun 30, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue (USD)---------------
% Revenue Growth (YoY)---------------
EBITDA (USD)(272,070)212,2921,095,5371,739,2374,340,0295,031,8417,517,5309,296,4666,153,258(199,125)10,499,7718,251,675---
Operating Income (USD)(272,070)212,2921,044,7561,268,3942,000,2562,572,7555,516,1956,042,183559,071(5,664,495)5,544,7444,237,714---
Operating Margin---------------
% EBITDA Margin---------------
NET Income (USD)(209,253)98,199709,208970,0561,541,6571,994,8574,251,5164,448,389109,792(4,895,580)3,981,4333,165,397---
% Net Margin---------------

Duka A/S - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedDuka A/S-

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Duka A/S - employee data

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Duka A/S - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman Of The BoardBM

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