Copenhagen Optimization wins Børsen Gazelle 2019, Copenhagen
10th December 2019
Copenhagen Optimization has today received its first Børsen Gazelle Award at the awards ceremony held in the heart of Copenhagen, Denmark.
Since 1995, the daily Børsen has each year identified Denmark’s growth elite, and over time the word “gazelle” has become part of the Danish language as a synonym for growth businesses. 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 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.
“We are incredibly proud to receive this recognized award and it shows that our hard work and persistence is paying off. We enjoy the success because all our employees feel part of the team and we believe in improving the way airports and hospitals operate.” says managing partner and founder, Mr. Anders Dohn.
Since its founding in 2014, CopOpt has become a leader in airport operations planning by combining in-depth operations research with hands-on airport operations experience in numerous airports around the world. Better Airport® – a cloud-based solution for all operational areas in an airport – enables airports to carry out all operational planning using one common operating platform. This approach has also been applied successfully at multiple hospitals in Denmark to improve the planning with significant results achieved.
“The strategy and the work we do is paying off, and the gazelle award is a testimonial to that,” says managing Partner and founder, Kasper Hounsgaard, who unfortunately was unable to attend the ceremony due to business activities in the USA.
In 2017, Copenhagen Optimization was recognized as a runner up in the EY Entrepreneur of the Year award by Ernst and Young.
About Copenhagen Optimization
Copenhagen Optimization is a leading provider of consultancy and software focused on airports’ and hospitals´ operational planning activities. Copenhagen Optimization has grown quickly since its founding in 2014 and is now working with more than 50 airports across the world on all aspects of the airport operation. Embracing the latest best practice with cloud-based software, Copenhagen Optimization delivers substantial value with its intelligent and intuitive Better Airport® planning solution. For more information, visit www.copopt.com.
The selection starts with over 560,000 VAT registered companies in Denmark. The demands on corporate form, line of business, and activity reduce the number of companies to about 33,000 (baseline-companies). The requirements on profitability and continuous growth in the period in question reduce the group by a further 30,000, leaving about 3,500 growth-companies. In 2010 1,051 companies had achieved more than 100 percent growth and could thus call themselves gazelles.
The criteria for being a gazelle are:
- Corporate form: Public limited company or private limited company
- Lines of business: particular lines of business are not included (e.g., holding companies)
- Activity: revenue of DKK 1 million/DKK ½ million in gross profit
- Profitability: the sum of operating profit > 0
- Growth in 4 years: > 100 percent