It was a pioneer institution as the first of its kind in the Nordic countries and had great impact on the acting profession during its short tenure, and enjoyed much respect.
It was the predecessor of the first organized acting school at the Royal Danish Theatre, which succeeded it when it was dissolved after but two years, and thus played an important pioneer role.
The academy also acted as a testing stage for new plays, and criticized the outdated way of costume used on the royal theater and opted for a reform.
Det Dramatiske Selskab was successful and achieved reform in costume and repertoire on the Danish national stage.
In 1779, the academy was dissolved because of inner conflicts, but replaced by a proper organized acting school at the Royal Danish Theatre, where Frederik Schwarz was made instructor.