Compliance · Reporting
Numbers that build trust outside the business.
The bank wants to see covenants. The board wants to see the trend. The parent company wants it in its own format. We deliver reporting that is correct, consistent and reliable.
Every report that leaves the building is also a report on the business itself.
Who it is for
For businesses that report to a bank, investors, a board or a parent company, and want their numbers to withstand closer scrutiny at all times.
We make sure your reporting ties in with your bookkeeping and annual accounts, so there is only one version of the truth.
What we deliver.
- Quarterly reportingProfit and loss, balance sheet and cash position with a short management commentary.
- Covenant monitoringCalculation and documentation of the key figures your bank follows.
- Board reportingDecision material ready for the board meeting.
- Group reportingReporting to the parent company in its format and chart of accounts.
- Investor reportingNumbers and key figures for investors, in the form they expect.
- Variance analysisThe explanation of why the numbers differ from the budget.
When others need to rely on the numbers.
- New financingThe bank requires ongoing reporting.
- BoardA new board expects more than the annual report.
- Foreign parent companyThe group requires reporting in a fixed format and on a fixed schedule.
- InvestorsNew investors want to follow performance closely.
- Covenants under pressureKey figures are approaching the limits in the loan agreement.
- ConsistencyYour reporting must reconcile with the annual accounts.
Consistency builds trust. Surprises do the opposite.
How we work.
- ConversationWho receives the reports, and what will they be used for?
- Set-upFormat, key figures and chart of accounts are defined.
- ReconciliationThe numbers are reconciled before they leave the building.
- DeliveryReporting on a fixed schedule, with management commentary.
- DialogueWe are on hand when the bank or the board has questions.
One version of the truth
The same numbers. For every recipient.
Bank, board and parent company receive numbers that tie together, even when the formats differ.
It saves explanations and strengthens confidence in your management.
Questions.
What are covenants?
Agreed key figures in a loan agreement, such as equity ratio or debt multiple, which the business must comply with and report on.
Can you report in the parent company’s format?
Yes. We map your bookkeeping to their chart of accounts and deliver in their templates, in Danish or English.
How often should we report?
It depends on the recipient. Banks and parent companies typically have fixed requirements. For management, we usually recommend monthly reporting.
What if we cannot meet our covenants?
Then it is essential to stay ahead. We help you prepare the dialogue with your bank in good time.
What does it cost?
It depends on scope and frequency. We agree the price with you before we begin.
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