AGC Biologics A/S
Public limited companyCVR 25950941SøborgActive
AGC Biologics A/S is a public limited company, based in Søborg, active in manufacture of pharmaceutical preparations, founded in 2001. The company made a loss in both 2024 and 2025, most recently DKK 328m. Operations are spread over 4 production units. With 1,294 employees, the company is about 129 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 157% (2024 → 2025), to −DKK 91.2m.
- Revenue fell 3% (2024 → 2025), to DKK 2bn.
- The loss grew: from DKK 115m to DKK 328m (2024 → 2025).
- Equity fell 51% (2024 → 2025), to DKK 312m.
Employees
- 48 more employees than a year earlier: 1,294 (07/2026) against 1,246 (07/2025).
Management and owners, last 24 months
- New in management: Alberto Santagostino (board member, 03/03/2025), Mai Iwaya (board member, 03/03/2025) and Kasper Møller (ceo, 01/04/2025) (+1).
- Stepped down: Tomoko Miyagawa (board member, 09/01/2026), Andrea Celia Porchia (ceo, 01/04/2025) and Akira Nakamura (board member, 03/03/2025).
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 1,455,071 | 2,185,033 | 2,517,996 | 2,092,565 | 2,016,194 | 1,959,639 | −2.8% |
| Gross profit | 451,971 | 831,905 | 936,958 | 501,294 | 160,194 | −91,242 | −157% |
| Operating profit (EBIT) | 370,499 | 733,044 | 793,463 | 352,214 | −107,026 | −430,031 | −301.8% |
| Profit before tax | 357,124 | 734,058 | 768,469 | 316,034 | −145,332 | −415,924 | −186.2% |
| Net profit | 278,538 | 571,735 | 598,949 | 243,869 | −115,005 | −328,010 | −185.2% |
| Total assets | 2,347,541 | 3,140,663 | 3,439,426 | 3,623,676 | 3,788,309 | 4,050,883 | +6.9% |
| Equity | 339,677 | 633,585 | 661,277 | 307,426 | 640,031 | 312,021 | −51.2% |
| Liabilities | 2,007,864 | 2,507,078 | 2,778,149 | 3,316,250 | 3,148,278 | 3,738,862 | +18.8% |
| Cash and cash equivalents | 836,355 | 476,897 | 219,395 | 9,189 | 74,423 | 100,742 | +35.4% |
| Average number of employees | 441 | 730 | 894 | 956 | 1,019 | 1,138 | +11.7% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 51% from 2024 to 2025 (DKK 640m to DKK 312m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 8% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/07/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 04/07/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 29/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 14/06/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
59 companies in the databaseComparison with the other companies in manufacture of pharmaceutical preparations based on the latest financial year.
Industry median: gross profit DKK 2.8m, net profit −DKK 2.2m, equity DKK 5.2m, 10 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 1,000 employees or more177 companies in the comparison | No. 147of 147 Better than 0% | No. 127of 177 Better than 28% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 24,786of 24,791 Better than 0% | No. 536of 24,909 Better than 98% |
| All companies of type A/S18,025 companies in the comparison | No. 17,772of 17,786 Better than 0% | No. 1,020of 18,024 Better than 94% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Manufacture of pharmaceutical preparations- AGC Biologics A/S−DKK 91.2m
- Novo Nordisk A/SDKK 250.3bn
- H. Lundbeck A/SDKK 20.4bn
- AGC Biologics A/S−DKK 328m
- Novo Nordisk A/SDKK 102.4bn
- H. Lundbeck A/SDKK 3.2bn
- AGC Biologics A/SDKK 312m
- Novo Nordisk A/SDKK 194bn
- H. Lundbeck A/SDKK 24.9bn
- AGC Biologics A/S1,294
- Novo Nordisk A/S27,279
- H. Lundbeck A/S2,261
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Asahi Glass Co., Ltd.100%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kasper Møller | CEO | 01/04/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kasper Møller | Board member | 01/02/2017 |
| Tadashi Murano | Chair of the board | 08/01/2024 |
| Alberto Santagostino | Board member | 03/03/2025 |
| Mai Iwaya | Board member | 03/03/2025 |
| Yuichiro Tashiro | Board member | 09/01/2026 |
- Auditor
- KPMG P/S
- Founders
- Eagle ApS, MR Bioinvest ApS, Catch The Waves ApS, Ginnigup Holding ApS, Atline Holding ApS, Provision ApS
Former management (44)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lars Hallgren | Board member | 15/03/2001 | 23/03/2001 |
| Frank Harder | Board member | 23/03/2001 | 31/05/2002 |
| Mette Kirstine Agger | Board member | 23/03/2001 | 08/12/2004 |
| Morten Boje Munk | Board member | 31/05/2002 | 29/02/2008 |
| Björn Carl-Johan Dellgren | Board member | 31/05/2002 | 20/12/2005 |
| Juha Aimo Koivurinta | Board member | 31/05/2002 | 31/05/2006 |
| David Kauffmann | Chair of the board | 31/05/2002 | 14/01/2014 |
| Lone Fønss Schrøder | Director | 18/10/2002 | 09/12/2002 |
| Anders Vinther | Director | 18/10/2002 | 30/11/2006 |
| Paul Howard Michael Toon | Board member | 28/12/2004 | 29/02/2008 |
| Thomas Tscherning | Board member | 20/12/2005 | 29/02/2008 |
| Jesper Zeuthen | Deputy board member | 20/12/2005 | 29/02/2008 |
| William John Henry | Board member | 31/05/2006 | 29/02/2008 |
| Christian Henrik Tange | Director | 30/11/2006 | 15/12/2011 |
| Stephen John Bellis | Director | 30/11/2006 | 10/03/2008 |
| Thomas Léon Yves Marie Balland | Board member | 03/08/2007 | 29/02/2008 |
| Stephen Andrew Lehman | Board member | 29/02/2008 | 01/02/2017 |
| Mads Aage Laustsen | Director | 10/02/2012 | 14/01/2014 |
| Jens Malta Velling | Director | 10/02/2012 | 11/12/2012 |
| Claes Johan Robert Glassell | Board member | 10/02/2012 | 10/02/2012 |
| Claes Johan Robert Glassell | CEO | 10/02/2012 | 10/02/2012 |
| Douglas Robert Sanders | Director | 10/02/2012 | 01/11/2013 |
| Claès Johan Robert Glassell | Board member | 10/02/2012 | 14/01/2014 |
| Claès Johan Robert Glassell | Director | 10/02/2012 | 14/01/2014 |
| Gustavo Fabio Mahler | Director | 10/02/2012 | 14/01/2014 |
| Patricio Ezequiel Massera | Director | 11/12/2012 | 30/06/2017 |
| Mads Aage Laustsen | Chair of the board | 14/01/2014 | 27/06/2014 |
| Patricio Ezequiel Massera | Board member | 14/01/2014 | 30/06/2017 |
| Jesper Bramming | Chair of the board | 27/06/2014 | 01/10/2016 |
| Peter Klarskov Vilby | Chair of the board | 01/10/2016 | 01/02/2017 |
| Hideyuki Kurata | Chair of the board | 01/02/2017 | 02/10/2018 |
| Ikuo Matsukura | Board member | 01/02/2017 | 30/12/2019 |
| Masahiko Fukamachi | Board member | 01/02/2017 | 31/01/2018 |
| Kasper Møller | Director | 30/06/2017 | 04/03/2022 |
| Yukiteru Nakashita | Board member | 30/06/2017 | 31/08/2018 |
| Hiroshi Nishimura | Board member | 31/01/2018 | 01/09/2022 |
| Noriyuki Komuro | Board member | 17/09/2018 | 02/10/2018 |
| Hideyuki Kurata | Board member | 03/10/2018 | 31/01/2019 |
| Noriyuki Komuro | Chair of the board | 03/10/2018 | 08/01/2024 |
| Hideaki Kan | Board member | 12/02/2019 | 31/03/2021 |
| Patricio Ezequiel Massera | Board member | 04/03/2020 | 30/06/2024 |
| Tomoko Miyagawa | Board member | 01/04/2021 | 09/01/2026 |
| Andrea Celia Porchia | CEO | 04/03/2022 | 01/04/2025 |
| Akira Nakamura | Board member | 01/09/2022 | 03/03/2025 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, af bestyrelsens formand i forening med 2 bestyrelsesmedlemmer, 2 bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
4 active production unitsVandtårnsvej 83
2860 Søborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| AGC Biologics A/S | Vandtårnsvej 83B, 2860 Søborg | 1,503 | 1008349351 |
| AGC Biologics A/S | Sydmarken 22, 2860 Søborg | – | 1030123405 |
| AGC Biologics A/S | Vandtårnsvej 83A, 2860 Søborg | – | 1029830963 |
| AGC Biologics A/S | Vandtårnsvej 85, 2860 Søborg | – | 1029830939 |
Purpose
Selskabets formål er at drive virksomhed, som omfatter proces- og teknologiudvikling, kontraktproduktion, konsulent- og andre serviceydelser indenfor det bioteknologiske område samt forskning, udvikling og fremstilling af medicinalprodukter, og dermed forbunden virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
121 registered events20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementYuichiro Tashiro appointed board member
- ManagementTomoko Miyagawa stepped down as board member
20256 changesaccounts 1 · management 5
- AccountsAnnual report for 2024 published
- ManagementKasper Møller appointed ceo
- ManagementAndrea Celia Porchia stepped down as ceo
- ManagementMai Iwaya appointed board member
- ManagementAlberto Santagostino appointed board member
- ManagementAkira Nakamura stepped down as board member
20244 changesaccounts 1 · management 3
- AccountsAnnual report for 2023 published
- ManagementPatricio Ezequiel Massera stepped down as board member
- ManagementTadashi Murano appointed chair of the board
- ManagementNoriyuki Komuro stepped down as chair of the board
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20225 changesmanagement 4 · accounts 1
- ManagementAkira Nakamura appointed board member
- ManagementHiroshi Nishimura stepped down as board member
- AccountsAnnual report for 2021 published
- ManagementAndrea Celia Porchia appointed ceo
- ManagementKasper Møller stepped down as director
20213 changesaccounts 1 · management 2
- AccountsAnnual report for 2020 published
- ManagementTomoko Miyagawa appointed board member
- ManagementHideaki Kan stepped down as board member
20201 changemanagement 1
- ManagementPatricio Ezequiel Massera appointed board member
20193 changesmanagement 3
- ManagementIkuo Matsukura stepped down as board member
- ManagementHideaki Kan appointed board member
- ManagementHideyuki Kurata stepped down as board member
201810 changesname 1 · address 1 · management 8
- NameName changed from CMC BIOLOGICS A/S to AGC Biologics A/S
- AddressMoved to Vandtårnsvej 83, 2860 Søborg
- ManagementNoriyuki Komuro appointed chair of the board
- ManagementHideyuki Kurata appointed board member
- ManagementNoriyuki Komuro stepped down as board member
- ManagementHideyuki Kurata stepped down as chair of the board
- ManagementNoriyuki Komuro appointed board member
- ManagementYukiteru Nakashita stepped down as board member
- ManagementHiroshi Nishimura appointed board member
- ManagementMasahiko Fukamachi stepped down as board member
201714 changesmanagement 10 · ownership 4
- ManagementKasper Møller appointed director
- ManagementYukiteru Nakashita appointed board member
- ManagementPatricio Ezequiel Massera stepped down as board member
- ManagementPatricio Ezequiel Massera stepped down as director
- ManagementIkuo Matsukura appointed board member
- ManagementKasper Møller appointed board member
- ManagementMasahiko Fukamachi appointed board member
- ManagementHideyuki Kurata appointed chair of the board
- ManagementPeter Klarskov Vilby stepped down as chair of the board
- ManagementStephen Andrew Lehman stepped down as board member
- OwnershipAsahi Glass Co., Ltd. registered as owner (100%)
- OwnershipCMC Biologics III S.C.S. is no longer registered as owner
- OwnershipCMC Biologics S.à r.l. is no longer registered as owner
- OwnershipCMC Biologics S.à r.l. registered as owner (5%)
20162 changesmanagement 2
- ManagementPeter Klarskov Vilby appointed chair of the board
- ManagementJesper Bramming stepped down as chair of the board
20151 changeownership 1
- OwnershipCMC Biologics III S.C.S. registered as owner (100%)
20149 changesmanagement 9
- ManagementJesper Bramming appointed chair of the board
- ManagementMads Aage Laustsen stepped down as chair of the board
- ManagementPatricio Ezequiel Massera appointed board member
- ManagementMads Aage Laustsen appointed chair of the board
- ManagementMads Aage Laustsen stepped down as director
- ManagementGustavo Fabio Mahler stepped down as director
- ManagementClaès Johan Robert Glassell stepped down as director
- ManagementClaès Johan Robert Glassell stepped down as board member
- ManagementDavid Kauffmann stepped down as chair of the board
20131 changemanagement 1
- ManagementDouglas Robert Sanders stepped down as director
201212 changesmanagement 12
- ManagementPatricio Ezequiel Massera appointed director
- ManagementJens Malta Velling stepped down as director
- ManagementMads Aage Laustsen appointed director
- ManagementGustavo Fabio Mahler appointed director
- ManagementClaès Johan Robert Glassell appointed director
- ManagementClaès Johan Robert Glassell appointed board member
- ManagementDouglas Robert Sanders appointed director
- ManagementClaes Johan Robert Glassell appointed ceo
- ManagementClaes Johan Robert Glassell stepped down as ceo
- ManagementClaes Johan Robert Glassell appointed board member
- ManagementClaes Johan Robert Glassell stepped down as board member
- ManagementJens Malta Velling appointed director
20111 changemanagement 1
- ManagementChristian Henrik Tange stepped down as director
200812 changescapital 2 · management 8 · name 1 · industry 1
- CapitalShare capital changed from 35,546,990 DKK to 42,852,973 DKK
- ManagementStephen John Bellis stepped down as director
- NameName changed from CMC BIOPHARMACEUTICALS A/S to CMC BIOLOGICS A/S
- CapitalShare capital changed from 22,678,994 DKK to 35,546,990 DKK
- ManagementStephen Andrew Lehman appointed board member
- ManagementThomas Léon Yves Marie Balland stepped down as board member
- ManagementWilliam John Henry stepped down as board member
- ManagementThomas Tscherning stepped down as board member
- ManagementJesper Zeuthen stepped down as deputy board member
- ManagementPaul Howard Michael Toon stepped down as board member
- ManagementMorten Boje Munk stepped down as board member
- IndustryIndustry changed to Manufacture of pharmaceutical preparations (212000)
20072 changescapital 1 · management 1
- CapitalShare capital changed from 20,870,886 DKK to 22,678,994 DKK
- ManagementThomas Léon Yves Marie Balland appointed board member
20065 changesmanagement 5
- ManagementChristian Henrik Tange appointed director
- ManagementStephen John Bellis appointed director
- ManagementAnders Vinther stepped down as director
- ManagementWilliam John Henry appointed board member
- ManagementJuha Aimo Koivurinta stepped down as board member
20053 changesmanagement 3
- ManagementThomas Tscherning appointed board member
- ManagementJesper Zeuthen appointed deputy board member
- ManagementBjörn Carl-Johan Dellgren stepped down as board member
20043 changescapital 1 · management 2
- CapitalShare capital changed from 10,932,703 DKK to 20,870,886 DKK
- ManagementPaul Howard Michael Toon appointed board member
- ManagementMette Kirstine Agger stepped down as board member
20032 changesaddress 1 · capital 1
- AddressMoved to Vandtårnsvej 83, 2860 Søborg
- CapitalShare capital changed from 7,932,703 DKK to 10,932,703 DKK
200210 changesmanagement 8 · name 1 · capital 1
- ManagementLone Fønss Schrøder stepped down as director
- NameName changed from CMC BIOTECH A/S to CMC BIOPHARMACEUTICALS A/S
- ManagementAnders Vinther appointed director
- ManagementLone Fønss Schrøder appointed director
- CapitalShare capital changed from 3,327,703 DKK to 7,932,703 DKK
- ManagementBjörn Carl-Johan Dellgren appointed board member
- ManagementDavid Kauffmann appointed chair of the board
- ManagementJuha Aimo Koivurinta appointed board member
- ManagementMorten Boje Munk appointed board member
- ManagementFrank Harder stepped down as board member
20018 changesaddress 1 · capital 2 · management 4 · founded 1
- AddressMoved to Fruebjergvej 3, 2100 København Ø
- CapitalShare capital changed from 1,976,351 DKK to 3,327,703 DKK
- CapitalShare capital changed from 625,000 DKK to 1,976,351 DKK
- ManagementFrank Harder appointed board member
- ManagementMette Kirstine Agger appointed board member
- ManagementLars Hallgren stepped down as board member
- FoundedRegistered as CMC BIOTECH A/S
- ManagementLars Hallgren appointed board member
Related companies
Same people in management
- Novo Nordisk A/Svia Morten Boje Munk
- Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskabvia Gert Fisker Tomczyk
- Saxo Bank A/Svia Lone Fønss Schrøder
- NETS Denmark A/Svia Jesper Bramming
- TotalEnergies EP Danmark A/Svia Gert Fisker Tomczyk
- G.s.v. Materieludlejning A/Svia Jesper Bramming
Largest in the industry
- Novo Nordisk A/SDKK 250.3bn
- H. Lundbeck A/SDKK 20.4bn
- Leo Pharma A/SDKK 8.2bn
- Alk-abelló A/SDKK 4.2bn
- Bavarian Nordic A/SDKK 3bn
- Pharmacosmos A/SDKK 1.6bn
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 23/10/2026.