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Exformatics awarded growth prize 

Exformatics awarded growth prize 2011ECM supplier Exformatics receives Danish growth prize from business paper Børsen. 

The Gazelle prize is a selection of Danish companies showing growth in the last four financial years and more than doubling the revenues or gross profits in that period.

The prize is received on top of a highly successful couple of years for the Copenhagen based software company that develops solutions in the areas of ECM (Enterprise Content Management), activity and project management, templates management etc. 

“We are proud of the recognition that is yet another proof that Exformatics is moving in the right direction. Our strategy for the last couple of years has been about controlled growth in Exformatics, and we are fully on our way to reach that goal,” CEO Jens Rapp Damsgaard says.

The growth comes from mainly customers in the private sector. Exformatics is also represented in Sweden. 

Since 1995 the paper Børsen has identified Denmark’s growth elite on a yearly basis, and over time the gazelle has become part of the Danish language as a synonym for growth businesses. The selection is made by Greens Institute of Market Research, and the criteria are objective and based on data from the Danish Commerce and Companies Agency. In short the definition of a gazelle is: a business which has achieved a continuous growth in revenue or gross profit for the last four financial years, and which has, in total, more than doubled the revenue or the gross profit in the period.

More than 500.000 Danish companies have been evaluated in the Gazelle selection.

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