Gangverk

Gangverk

Software consultancy founded by seasoned software professionals. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2015201620172018201920202021
Revenues<1m2.3m4.0m6.7m9.2m7.3m10.1m
% growth-133 %76 %68 %37 %(21 %)38 %
EBITDA----<1m<1m2.4m
% EBITDA margin----7 %9 %24 %
Profit(<1m)<1m<1m<1m<1m<1m2.0m
% profit margin(3 %)13 %5 %5 %5 %8 %20 %
R&D budget-2.0m4.0m7.0m10.0m8.0m-
R&D % of revenue-87 %100 %104 %108 %109 %-

Source: Dealroom estimates

Recent News about Gangverk

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More about Gangverk
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Gangverk is a software consultancy founded by seasoned software professionals. We have been creating applications for over a decade. We pride ourselves in our ability to offer our clients assistance throughout the creative process from conception to design to implementation, operation and maintenance.

Gangverk is an icelandic word that literally means "that what makes stuff tick", originally coined for the machinery of clocks but in later times has taken over the connotation of whatever it is that keeps things operating smoothly underneath a polished exterior. We like to make stuff tick so we thought the name was a good match even though it's not the easiest word to pronounce for non-icelandic speaking peoples (a surprisingly large proportion of the world).

We are based in Reykjavik, Iceland. We have team members from all over the world and work for international clients.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.