Copenhagen Optimization has today received its first Børsen Gazelle Award at the awards ceremony held in the heart of Copenhagen, Denmark.
Copenhagen, Denmark - Copenhagen Optimization wins Børsen Gazelle 2019, Copenhagen
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.
Since its founding in 2014, Copenhagen Optimization 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.
In 2017, Copenhagen Optimization was recognized as a runner up in the EY Entrepreneur of the Year award by Ernst and Young.
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
