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Brainreader A/S

Public limited companyCVR 33864884Aalborg ØstActive

Brainreader A/S is a public limited company, based in Aalborg Øst, active in research and experimental development on natural sciences and engineering, founded in 2011. Equity was negative at the end of 2025 (−DKK 12.5m). The company made a loss in both 2024 and 2025, most recently DKK 6.4m. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 1.2m−149.1% vs. 2024
Net profit−DKK 6.4m+5.4% vs. 2024
Equity−DKK 12.5m+10.3% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 6.8m to DKK 6.4m (2024 → 2025).

Management and owners, last 24 months

  • New in management: Peter Dahlgren (board member, 20/05/2025) and Jens Hansson (ceo, 31/08/2026).
  • Stepped down: Mads Fiig (ceo, 31/08/2026).
  • New owners registered: Bevica Innovation A/S (20/05/2025) and Dahlgren Capital AB (29/08/2025).
  • No longer registered as owner: Bevica Innovation A/S (19/05/2025).

Registrations, last 24 months

  • 15/05/2026: Share capital changed from 5,505,324 DKK to 5,541,381 DKK
  • 18/03/2026: Share capital changed from 5,350,324 DKK to 5,505,324 DKK
  • 17/02/2026: Share capital changed from 5,310,324 DKK to 5,350,324 DKK
  • 29/08/2025: Share capital changed from 5,069,939 DKK to 5,310,324 DKK
  • 18/06/2025: Share capital changed from 4,998,450 DKK to 5,069,939 DKK
  • 20/05/2025: Share capital changed from 4,758,066 DKK to 4,998,450 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 thousand

Equity and net profit

−DKK 20m−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5m202020212022202320242025
EquityNet profit
Financial figures for Brainreader A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−2,553−5,273−10,247−2,241−471−1,174−149.1%
Operating profit (EBIT)−5,848−11,860−17,195−7,531−3,926−4,157−5.9%
Profit before tax−5,909−12,101−17,726−9,398−6,886−6,495+5.7%
Net profit−5,202−11,804−17,374−9,157−6,769−6,406+5.4%
Total assets7,0157,0496,9586,2086,3447,471+17.8%
Equity5,316−298−6,364−15,522−13,920−12,492+10.3%
Liabilities1,6997,34713,32321,73020,26419,963−1.5%
Cash and cash equivalents1,0301,16250744061,965+383.9%
Average number of employees355632−33.3%

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

−DKK 12m−DKK 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0202020212022202320242025
Gross profitMedian, the industry (431 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 12.5m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    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
Annual reports for Brainreader A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202211/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The companyPDFXBRL

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 CVR
01234509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

431 companies in the database

Comparison with the other companies in research and experimental development on natural sciences and engineering based on the latest financial year.

Gross profit−DKK 1.2mNo. 330 of 421
Better than 22% of the companies in the industry
Equity−DKK 12.5mNo. 410 of 431
Better than 5% of the companies in the industry
Number of employees2No. 290 of 431
Better than 33% of the companies in the industry

Industry median: gross profit DKK 616k, net profit −DKK 892k, equity DKK 2m, 5 employees.

DKK 100kDKK 2.5mDKK 63.4mDKK 1.6bnDKK 13.7bn
Distribution of gross profit for 250 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 68,870of 69,742
Better than 1%
No. 69,656of 69,964
Better than 0%
Same industry and fewer than 20 employees329 companies in the comparison
No. 251of 323
Better than 22%
No. 318of 329
Better than 3%
Companies that are between 15 and 29 years old24,906 companies in the comparison
No. 24,529of 24,787
Better than 1%
No. 24,773of 24,905
Better than 1%
All companies of type A/S18,025 companies in the comparison
No. 17,433of 17,786
Better than 2%
No. 17,820of 18,024
Better than 1%

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
Gross profit
  1. Brainreader A/S−DKK 1.2m
  2. Carlsberg A/SDKK 40.2bn
  3. Zealand Pharma A/SDKK 9.2bn
Net profit
  1. Brainreader A/S−DKK 6.4m
  2. Carlsberg A/SDKK 7bn
  3. Zealand Pharma A/SDKK 6.5bn
Equity
  1. Brainreader A/S−DKK 12.5m
  2. Carlsberg A/SDKK 30.7bn
  3. Zealand Pharma A/SDKK 14.8bn
Employees
  1. Brainreader A/S2
  2. Carlsberg A/S107
  3. 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
Owners
  • Bak Company Holding ApS5%
  • Jamila Ahdidan Holding ApS5%
  • Xerious Holding ApS5%
  • Investo Capital I K/S33.33%
  • Norberg & Partners Brain Analysis AB10%
  • Bevica Innovation A/S5%
  • Dahlgren Capital AB5%
Brainreader A/S

Management

8 active registrations

Executive management

Executive management at Brainreader A/S
NameRoleAppointed
Jens HanssonCEO31/08/2026

Board of directors

Board of directors at Brainreader A/S
NameRoleAppointed
Peter Thor Munck BirkmandChair of the board20/06/2019
Henrik BakBoard member20/06/2019
Jens HanssonBoard member25/10/2019
Thomas Henderson MountBoard member10/05/2021
Timothy TankosicBoard member29/06/2023
Arne Roland Leonard NorbergBoard member26/06/2024
Peter DahlgrenBoard member20/05/2025
Founders
Brainreader Holding ApS, Syddansk Innovation ApS, Styrelsen for Forskning og Uddannelse
Former management (18)
Former management at Brainreader A/S
NameRoleAppointedResigned
Jamila AhdidanBoard member21/07/201127/02/2019
Daniel Schougaard LanghoffCEO21/07/201101/07/2015
Jan Schouenborg DombernowskyBoard member23/04/201211/12/2013
Morten Dahl IversenChair of the board11/12/201323/11/2018
John Ferguson DascherBoard member11/12/201312/08/2015
Søren Georg JensenBoard member11/12/201322/11/2018
Jamila AhdidanDirector01/07/201531/08/2015
Søren MunkBoard member12/08/201528/02/2019
Lisbeth KattenhøjDirector31/08/201531/05/2017
Carsten TradsBoard member01/09/201620/06/2019
Lisbeth ChristensenDirector31/05/201701/02/2020
Søren Georg JensenChair of the board23/11/201825/02/2019
Lisbeth ChristensenBoard member28/02/201920/06/2019
Jamila AhdidanChair of the board28/02/201919/06/2019
Jamila AhdidanBoard member20/06/201910/10/2022
Torben SvanbergBoard member05/07/201910/05/2021
Jamila AhdidanDirector01/02/202031/03/2022
Mads FiigCEO01/06/202131/08/2026

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

2 active production units

Niels Jernes Vej 10
9220 Aalborg Øst

Aalborg Municipality · Postcode 9220

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
BRAINREADER A/SNiels Jernes Vej 10, 9220 Aalborg Øst21017038423
Brainreader A/SNy Carlsberg Vej 80, 1799 København V–1028102638

Purpose

Selskabets formål er at udvikle og kommercialisere softwarebaserede diagnostiske redskaber.

The purpose is quoted from the register in Danish.

Changes year by year

133 registered events
20266 changesmanagement 2 · accounts 1 · capital 3
  • Jens Hansson appointed ceo
  • Mads Fiig stepped down as ceo
  • Annual report for 2025 published
  • Share capital changed from 5,505,324 DKK to 5,541,381 DKK
  • Share capital changed from 5,350,324 DKK to 5,505,324 DKK
  • Share capital changed from 5,310,324 DKK to 5,350,324 DKK
202510 changescapital 4 · ownership 3 · accounts 1 · management 1 · industry 1
  • Share capital changed from 5,069,939 DKK to 5,310,324 DKK
  • Dahlgren Capital AB registered as owner (5%)
  • Annual report for 2024 published
  • Share capital changed from 4,998,450 DKK to 5,069,939 DKK
  • Share capital changed from 4,758,066 DKK to 4,998,450 DKK
  • Peter Dahlgren appointed board member
  • BEVICA INNOVATION A/S registered as owner (5%)
  • BEVICA INNOVATION A/S is no longer registered as owner
  • Share capital changed from 4,682,558 DKK to 4,758,066 DKK
  • Industry changed to Research and experimental development on natural sciences and engineering (721000)
202410 changescapital 6 · accounts 1 · management 1 · ownership 2
  • Share capital changed from 4,610,439 DKK to 4,682,558 DKK
  • Share capital changed from 4,581,399 DKK to 4,610,439 DKK
  • Share capital changed from 4,517,301 DKK to 4,581,399 DKK
  • Annual report for 2023 published
  • Share capital changed from 4,082,775 DKK to 4,517,301 DKK
  • Arne Roland Leonard Norberg appointed board member
  • Norberg & Partners Brain Analysis AB registered as owner (10%)
  • Norberg & Partners Brain Analysis AB is no longer registered as owner
  • Share capital changed from 4,058,736 DKK to 4,082,775 DKK
  • Share capital changed from 4,006,653 DKK to 4,058,736 DKK
20232 changesaccounts 1 · management 1
  • Annual report for 2022 published
  • Timothy Tankosic appointed board member
20227 changesmanagement 2 · capital 4 · accounts 1
  • Jamila Ahdidan stepped down as board member
  • Share capital changed from 3,995,224 DKK to 4,006,653 DKK
  • Share capital changed from 3,920,701 DKK to 3,995,224 DKK
  • Annual report for 2021 published
  • Share capital changed from 3,831,891 DKK to 3,920,701 DKK
  • Jamila Ahdidan stepped down as director
  • Share capital changed from 3,686,414 DKK to 3,831,891 DKK
202111 changescapital 2 · ownership 5 · management 3 · accounts 1
  • Share capital changed from 3,572,124 DKK to 3,686,414 DKK
  • Investo Capital I K/S registered as owner (33.33%)
  • Xerious Holding ApS registered as owner (5%)
  • Xerious Holding ApS is no longer registered as owner
  • Investo Capital I K/S is no longer registered as owner
  • Mads Fiig appointed ceo
  • Annual report for 2020 published
  • Share capital changed from 3,415,857 DKK to 3,572,124 DKK
  • Thomas Henderson Mount appointed board member
  • Torben Svanberg stepped down as board member
  • Xerious Holding ApS registered as owner (5%)
20207 changescapital 1 · ownership 3 · name 1 · management 2
  • Share capital changed from 3,223,857 DKK to 3,415,857 DKK
  • BEVICA INNOVATION A/S registered as owner (10%)
  • LITMUS ApS is no longer registered as owner
  • BEVICA INNOVATION A/S is no longer registered as owner
  • Name changed from BRAINREADER ApS to BRAINREADER A/S
  • Jamila Ahdidan appointed director
  • Lisbeth Christensen stepped down as director
201934 changescapital 3 · management 13 · ownership 17 · address 1
  • Share capital changed from 2,584,895 DKK to 3,223,857 DKK
  • Jens Hansson appointed board member
  • JAMILA AHDIDAN HOLDING ApS registered as owner (5%)
  • Investo Capital I K/S registered as owner (33.33%)
  • CBC Holding AB registered as owner (15%)
  • CBC Holding AB is no longer registered as owner
  • BAK COMPANY HOLDING ApS registered as owner (5%)
  • Investo Capital I K/S is no longer registered as owner
  • BAK COMPANY HOLDING ApS is no longer registered as owner
  • JAMILA AHDIDAN HOLDING ApS is no longer registered as owner
  • Norberg & Partners Brain Analysis AB registered as owner (15%)
  • Torben Svanberg appointed board member
  • BEVICA INNOVATION A/S registered as owner (5%)
  • Moved to Niels Jernes Vej 10, 9220 Aalborg Øst
  • Peter Thor Munck Birkmand appointed chair of the board
  • Henrik Bak appointed board member
  • Jamila Ahdidan appointed board member
  • Lisbeth Christensen stepped down as board member
  • Carsten Trads stepped down as board member
  • Jamila Ahdidan stepped down as chair of the board
  • Share capital changed from 1,893,654 DKK to 2,584,895 DKK
  • Investo Capital I K/S registered as owner (50%)
  • BAK COMPANY HOLDING ApS registered as owner (15%)
  • LITMUS ApS registered as owner (5%)
  • JAMILA AHDIDAN HOLDING ApS registered as owner (10%)
  • Share capital changed from 1,535,400 DKK to 1,893,654 DKK
  • Uddannelses- og Forskningsstyrelsen is no longer registered as owner
  • Insero Horsens is no longer registered as owner
  • BRAINREADER HOLDING ApS is no longer registered as owner
  • Jamila Ahdidan appointed chair of the board
  • Lisbeth Christensen appointed board member
  • Søren Munk stepped down as board member
  • Jamila Ahdidan stepped down as board member
  • Søren Georg Jensen stepped down as chair of the board
20184 changesmanagement 3 · address 1
  • Søren Georg Jensen appointed chair of the board
  • Morten Dahl Iversen stepped down as chair of the board
  • Søren Georg Jensen stepped down as board member
  • Moved to Emil Møllers Gade 41A, 8700 Horsens
201712 changesownership 9 · capital 1 · management 2
  • Uddannelses- og Forskningsstyrelsen registered as owner (10%)
  • Styrelsen for Forskning og Uddannelse is no longer registered as owner
  • Share capital changed from 685,400 DKK to 1,535,400 DKK
  • Insero Horsens registered as owner (66.67%)
  • Styrelsen for Forskning og Uddannelse registered as owner (10%)
  • BRAINREADER HOLDING ApS registered as owner (5%)
  • SYDDANSK INNOVATION ApS is no longer registered as owner
  • Styrelsen for Forskning og Uddannelse is no longer registered as owner
  • BRAINREADER HOLDING ApS is no longer registered as owner
  • Insero Horsens is no longer registered as owner
  • Lisbeth Christensen appointed director
  • Lisbeth Kattenhøj stepped down as director
20167 changesmanagement 1 · capital 1 · ownership 5
  • Carsten Trads appointed board member
  • Share capital changed from 497,400 DKK to 685,400 DKK
  • SYDDANSK INNOVATION ApS registered as owner (5%)
  • Styrelsen for Forskning og Uddannelse registered as owner (20%)
  • BRAINREADER HOLDING ApS registered as owner (15%)
  • Styrelsen for Forskning og Uddannelse is no longer registered as owner
  • BRAINREADER HOLDING ApS is no longer registered as owner
201510 changesmanagement 6 · capital 1 · ownership 3
  • Lisbeth Kattenhøj appointed director
  • Jamila Ahdidan stepped down as director
  • Søren Munk appointed board member
  • John Ferguson Dascher stepped down as board member
  • Jamila Ahdidan appointed director
  • Daniel Schougaard Langhoff stepped down as ceo
  • Share capital changed from 343,400 DKK to 497,400 DKK
  • Styrelsen for Forskning og Uddannelse registered as owner (25%)
  • Insero Horsens registered as owner (33.33%)
  • BRAINREADER HOLDING ApS registered as owner (25%)
20137 changesaddress 2 · capital 1 · management 4
  • Moved to Emil Møllers Gade 41, a, 8700 Horsens
  • Share capital changed from 227,400 DKK to 343,400 DKK
  • Morten Dahl Iversen appointed chair of the board
  • Søren Georg Jensen appointed board member
  • John Ferguson Dascher appointed board member
  • Jan Schouenborg Dombernowsky stepped down as board member
  • Moved to Fiskergade 2, 8000 Aarhus C
20122 changesmanagement 1 · address 1
  • Jan Schouenborg Dombernowsky appointed board member
  • Moved to Helsingforsgade 25, 8200 Aarhus N
20114 changesindustry 1 · founded 1 · management 2
  • Industry changed to Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721900)
  • Registered as BRAINREADER ApS
  • Daniel Schougaard Langhoff appointed ceo
  • Jamila Ahdidan appointed board member

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction