Biograil ApS
Private limited companyCVR 40666699RoskildeActive
Biograil ApS is a private limited company, based in Roskilde, active in research and experimental development on natural sciences and engineering, founded in 2019. The company made a loss in both 2024 and 2025, most recently DKK 22.4m. With 23 employees, the company is about 5 times larger than the industry median. Equity grew to DKK 102.2m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 374% (2024 → 2025), to −DKK 13.2m.
- The loss grew: from DKK 17.1m to DKK 22.4m (2024 → 2025).
- Equity rose 444% (2024 → 2025), to DKK 102.2m.
Employees
- 2 more employees than a year earlier: 23 (07/2026) against 21 (07/2025).
Management and owners, last 24 months
- New in management: Karsten Lindhardt (board member, 30/06/2025), Steffen Wagner (board member, 30/06/2025) and Ulrik Schulze (board member, 15/12/2025) (+1).
- Stepped down: Anke Cassing (board member, 30/06/2025).
- New owners registered: High-Tech Gründer-fonds III GmbH & Co. KG (23/06/2025), Lindhardt Holdings ApS (15/12/2025) and MTI Biograil Invest A/S (15/12/2025) (+10).
- No longer registered as owner: Hellerung ApS (30/12/2024), John Michael Barberich (31/12/2024) and High-Tech Gründer-fonds III GmbH & Co. KG (22/06/2025) (+11).
Registrations, last 24 months
- 20/08/2026: Share capital changed from 492,114 DKK to 580,516 DKK
- 15/12/2025: Share capital changed from 422,296 DKK to 492,114 DKK
- 30/06/2025: Share capital changed from 415,084 DKK to 422,296 DKK
- 23/06/2025: Share capital changed from 316,975 DKK to 415,084 DKK
- 01/01/2025: Industry changed to Research and experimental development on natural sciences and engineering (721000)
- 31/12/2024: Share capital changed from 276,524 DKK to 316,975 DKK
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 | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −5,820 | −5,373 | 26,318 | −16,708 | 4,817 | −13,192 | −373.9% |
| Operating profit (EBIT) | – | −9,109 | 16,475 | −33,509 | −18,057 | −36,775 | −103.7% |
| Profit before tax | −8,804 | −9,177 | 12,877 | −41,706 | −22,089 | −27,870 | −26.2% |
| Net profit | −6,567 | −7,932 | 12,877 | −34,799 | −17,084 | −22,367 | −30.9% |
| Total assets | 17,060 | 33,056 | 95,347 | 76,182 | 75,080 | 108,837 | +45% |
| Equity | 16,065 | 31,939 | 44,816 | 10,018 | 18,779 | 102,218 | +444.3% |
| Liabilities | 996 | 1,117 | 50,532 | 66,164 | 56,300 | 6,619 | −88.2% |
| Cash and cash equivalents | 13,506 | 25,189 | 88,185 | 59,688 | 63,115 | 88,385 | +40% |
| Average number of employees | 3 | 3 | 6 | 14 | 18 | 20 | +11.1% |
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. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLoss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
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 | 20/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 04/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/07/2022 | The company | PDFXBRL |
| 2020 | 17/07/2019 – 31/12/2020 | 02/06/2021 | 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
431 companies in the databaseComparison with the other companies in research and experimental development on natural sciences and engineering based on the latest financial year.
Industry median: gross profit DKK 616k, net profit −DKK 892k, equity DKK 2m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 9,855of 9,892 Better than 0% | No. 339of 9,922 Better than 97% |
| Same industry and 20–49 employees64 companies in the comparison | No. 52of 62 Better than 16% | No. 13of 64 Better than 81% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,529of 33,588 Better than 0% | No. 680of 33,687 Better than 98% |
| All companies of type ApS66,508 companies in the comparison | No. 66,310of 66,379 Better than 0% | No. 1,102of 66,505 Better than 98% |
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
Research and experimental development on natural sciences and engineering- Biograil ApS−DKK 13.2m
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- Biograil ApS−DKK 22.4m
- Carlsberg A/SDKK 7bn
- Zealand Pharma A/SDKK 6.5bn
- Biograil ApSDKK 102.2m
- Carlsberg A/SDKK 30.7bn
- Zealand Pharma A/SDKK 14.8bn
- Biograil ApS23
- Carlsberg A/S107
- Zealand Pharma A/S569
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- High-Tech Gründer-fonds III GmbH & Co. KG5%
- Lindhardt Holdings ApS5%
- MTI Biograil Invest A/S15%
- Eli Lilly and Company10%
- Verve Capital Partners AG15%
- HTGF Opportunity GmbH & Co. KG5%
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Karsten Lindhardt | Director | 17/07/2019 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lars Hellerung Christiansen | Board member | 10/11/2019 |
| John Michael Barberich | Chair of the board | 10/11/2019 |
| Karsten Lindhardt | Board member | 30/06/2025 |
| Steffen Wagner | Board member | 30/06/2025 |
| Ulrik Schulze | Board member | 15/12/2025 |
| Robert Samuel | Board member | 15/12/2025 |
- Founders
- Hellerung ApS, Lindhardt Holdings ApS, John Michael Barberich
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karsten Lindhardt | Board member | 10/11/2019 | 12/10/2020 |
| Anke Cassing | Board member | 31/12/2019 | 30/06/2025 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsLangebjerg 1
4000 Roskilde
Roskilde Municipality · Postcode 4000
Other companies at the address (8)
- MJ Service A/SGeneral cleaning of buildings
- Unibio A/SResearch and experimental development on natural sciences and engineering
- Cervello Øst ApSPhysiotherapy and occupational therapy
- Affectum ApSBusiness and other management consultancy activities
- OptikIT A/SComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Biograil ApS | Langebjerg 1, 4000 Roskilde | 24 | 1024880903 |
Purpose
Selskabets formål er udvikle avancerede medicinske produkter samt al virksomhed, som efter ledelsens skøn har forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
99 registered events20266 changescapital 1 · ownership 4 · accounts 1
- CapitalShare capital changed from 492,114 DKK to 580,516 DKK
- OwnershipHTGF Opportunity GmbH & Co. KG registered as owner (5%)
- OwnershipVerve Capital Partners AG registered as owner (15%)
- OwnershipVerve Investment Syndicates GmbH is no longer registered as owner
- OwnershipHELLERUNG ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
202525 changescapital 3 · management 5 · ownership 15 · accounts 1 · industry 1
- CapitalShare capital changed from 422,296 DKK to 492,114 DKK
- ManagementUlrik Schulze appointed board member
- ManagementRobert Samuel appointed board member
- OwnershipVerve Investment Syndicates GmbH registered as owner (15%)
- OwnershipEli Lilly and Company registered as owner (10%)
- OwnershipMTI Biograil Invest A/S registered as owner (15%)
- OwnershipLindhardt Holdings ApS registered as owner (5%)
- OwnershipFund Investments S.A. SICAV-RAIF - Verve Venture Fund I is no longer registered as owner
- OwnershipRoquette Ventures SASU is no longer registered as owner
- OwnershipVerve Investment Syndicates GmbH is no longer registered as owner
- OwnershipMTI Biograil Invest A/S is no longer registered as owner
- OwnershipLindhardt Holdings ApS is no longer registered as owner
- CapitalShare capital changed from 415,084 DKK to 422,296 DKK
- ManagementKarsten Lindhardt appointed board member
- ManagementSteffen Wagner appointed board member
- ManagementAnke Cassing stepped down as board member
- CapitalShare capital changed from 316,975 DKK to 415,084 DKK
- OwnershipFund Investments S.A. SICAV-RAIF - Verve Venture Fund I registered as owner (5%)
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG registered as owner (5%)
- OwnershipVerve Investment Syndicates GmbH registered as owner (20%)
- OwnershipAlligator IP, LLP is no longer registered as owner
- OwnershipVerve Investment Syndicates GmbH is no longer registered as owner
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG is no longer registered as owner
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Research and experimental development on natural sciences and engineering (721000)
202414 changescapital 2 · ownership 11 · accounts 1
- CapitalShare capital changed from 276,524 DKK to 316,975 DKK
- OwnershipMTI Biograil Invest A/S registered as owner (20%)
- OwnershipRoquette Ventures SASU registered as owner (5%)
- OwnershipVerve Investment Syndicates GmbH registered as owner (10%)
- OwnershipHELLERUNG ApS registered as owner (5%)
- OwnershipJohn Michael Barberich is no longer registered as owner
- OwnershipVerve Investment Syndicates GmbH is no longer registered as owner
- OwnershipMTI Biograil Invest A/S is no longer registered as owner
- OwnershipHELLERUNG ApS is no longer registered as owner
- CapitalShare capital changed from 247,476 DKK to 276,524 DKK
- OwnershipVerve Investment Syndicates GmbH registered as owner (15%)
- OwnershipSR J Sanner GmbH is no longer registered as owner
- OwnershipVerve Investment Syndicates GmbH is no longer registered as owner
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20224 changesaddress 1 · accounts 1 · ownership 2
- AddressMoved to Langebjerg 1, 4000 Roskilde
- AccountsAnnual report for 2021 published
- OwnershipMTI Biograil Invest A/S registered as owner (15%)
- OwnershipMegatrend Invest A/S is no longer registered as owner
202111 changescapital 2 · ownership 8 · accounts 1
- CapitalShare capital changed from 209,775 DKK to 247,476 DKK
- OwnershipSR J Sanner GmbH registered as owner (5%)
- OwnershipLindhardt Holdings ApS registered as owner (10%)
- OwnershipLindhardt Holdings ApS is no longer registered as owner
- OwnershipAlligator IP, LLP registered as owner (5%)
- OwnershipEgalet Limited is no longer registered as owner
- AccountsAnnual report for 2020 published
- OwnershipVerve Investment Syndicates GmbH registered as owner (10%)
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG registered as owner (10%)
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG is no longer registered as owner
- CapitalShare capital changed from 176,508 DKK to 209,775 DKK
202023 changesmanagement 1 · capital 3 · ownership 19
- ManagementKarsten Lindhardt stepped down as board member
- CapitalShare capital changed from 148,206 DKK to 176,508 DKK
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG registered as owner (10%)
- OwnershipJohn Michael Barberich registered as owner (5%)
- OwnershipMegatrend Invest A/S registered as owner (20%)
- OwnershipEgalet Limited registered as owner (5%)
- OwnershipLindhardt Holdings ApS registered as owner (10%)
- OwnershipSkak Tosanian Holding ApS is no longer registered as owner
- OwnershipLindhardt Holdings ApS is no longer registered as owner
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG is no longer registered as owner
- OwnershipMegatrend Invest A/S is no longer registered as owner
- OwnershipEgalet Limited is no longer registered as owner
- OwnershipJohn Michael Barberich is no longer registered as owner
- CapitalShare capital changed from 129,218 DKK to 148,206 DKK
- OwnershipLindhardt Holdings ApS registered as owner (20%)
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG registered as owner (10%)
- OwnershipMegatrend Invest A/S registered as owner (10%)
- OwnershipHELLERUNG ApS registered as owner (10%)
- OwnershipMegatrend Invest A/S is no longer registered as owner
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG is no longer registered as owner
- OwnershipLindhardt Holdings ApS is no longer registered as owner
- OwnershipHELLERUNG ApS is no longer registered as owner
- CapitalShare capital changed from 114,862 DKK to 129,218 DKK
201915 changescapital 2 · management 5 · ownership 7 · founded 1
- CapitalShare capital changed from 75,534 DKK to 114,862 DKK
- ManagementAnke Cassing appointed board member
- OwnershipMegatrend Invest A/S registered as owner (5%)
- OwnershipEgalet Limited registered as owner (10%)
- OwnershipHigh-Tech Gründer-fonds III GmbH & Co. KG registered as owner (5%)
- CapitalShare capital changed from 45,000 DKK to 75,534 DKK
- ManagementJohn Michael Barberich appointed chair of the board
- ManagementLars Hellerung Christiansen appointed board member
- ManagementKarsten Lindhardt appointed board member
- OwnershipSkak Tosanian Holding ApS registered as owner (5%)
- FoundedRegistered as Biograil ApS
- ManagementKarsten Lindhardt appointed director
- OwnershipLindhardt Holdings ApS registered as owner (25%)
- OwnershipJohn Michael Barberich registered as owner (10%)
- OwnershipHELLERUNG ApS registered as owner (15%)
Related companies
Same industry in Roskilde
- NVIDIA Denmark ApS112 employees
- Unibio A/S75 employees
- DynElectro ApS28 employees
- Nanocore ApS12 employees
- Aerbio A/S8 employees
- Medbroker ApS3 employees
Same people in management
- Scantox A/Svia Karsten Lindhardt
- Scantox Denmark ApSvia Karsten Lindhardt
- Neumirna Therapeutics ApSvia Lars Hellerung Christiansen
- Reelight ApSvia Lars Hellerung Christiansen
Largest in the industry
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- Gubra A/SDKK 2.6bn
- Vestas Wind Systems A/SDKK 2.5bn
- Bang & Olufsen A/SDKK 1.4bn
- 3shape A/SDKK 1.3bn
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 24/10/2026.