Yeah, nobody gets fired for buying IBM.
I don't know how the market for good developers is in Denmark, but I think restricting your potential employees to just formally trained limits your potential as team/company.
edit: Plus, I know quite a lot of formally trained developers who at some point just stopped learning. To me that is much more dangerous than not having a formal education in the first place.
edit: Plus, I know quite a lot of formally trained developers who at some point just stopped learning. To me that is much more dangerous than not having a formal education in the first place.