CBio A/S

Public limited companyCVR 40216642SøborgActive

CBio A/S is a public limited company, based in Søborg, 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 1.8m. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 3.7m−21.3% vs. 2024
Net profit−DKK 1.8m−2,164.7% vs. 2024
EquityDKK 10.5m−14.7% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 21% (2024 → 2025), to DKK 3.7m.
  • The loss grew: from DKK 79,605 to DKK 1.8m (2024 → 2025).
  • Equity fell 15% (2024 → 2025), to DKK 10.5m.

Employees

  • 2 more employees than a year earlier: 8 (07/2026) against 6 (07/2025).

Management and owners, last 24 months

  • New in management: Andreea Ioana Kaiser (board member, 20/10/2026).
  • Stepped down: Lars Rabe Tønnesen (board member, 20/10/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Research and experimental development on natural sciences and engineering (721000)

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 10m−DKK 5mDKK 0DKK 5mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for CBio A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−1,814−1,913−1,1045,4834,6633,672−21.3%
Operating profit (EBIT)–−11,159−11,185−1,441–––
Profit before tax−5,188−11,558−11,778−2,178−904−2,266−150.5%
Net profit−3,901−8,556−8,976−622−80−1,803−2,164.7%
Total assets15,87718,77514,75022,74935,74742,193+18%
Equity6,8228,265−7105,74312,27910,476−14.7%
Liabilities9,05510,51015,46017,00623,46830,543+30.1%
Cash and cash equivalents6,3064,7457012,0686,7967,494+10.3%
Average number of employees41111967+16.7%

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. 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 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
Gross profitMedian, the industry (431 companies)

Signals from the financial statements

calculated from the 2025 figures
  • 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 CBio A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202415/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202312/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202110/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202004/03/2021The 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
02468101208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profitDKK 3.7mNo. 131 of 421
Better than 69% of the companies in the industry
EquityDKK 10.5mNo. 137 of 431
Better than 68% of the companies in the industry
Number of employees8No. 173 of 431
Better than 60% 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 13.7bnHere
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. 18,718of 69,742
Better than 73%
No. 8,792of 69,964
Better than 87%
Same industry and fewer than 20 employees329 companies in the comparison
No. 61of 323
Better than 81%
No. 63of 329
Better than 81%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 11,214of 33,588
Better than 67%
No. 3,627of 33,687
Better than 89%
All companies of type A/S18,025 companies in the comparison
No. 13,027of 17,786
Better than 27%
No. 8,585of 18,024
Better than 52%

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. CBio A/SDKK 3.7m
  2. Carlsberg A/SDKK 40.2bn
  3. Zealand Pharma A/SDKK 9.2bn
Net profit
  1. CBio A/S−DKK 1.8m
  2. Carlsberg A/SDKK 7bn
  3. Zealand Pharma A/SDKK 6.5bn
Equity
  1. CBio A/SDKK 10.5m
  2. Carlsberg A/SDKK 30.7bn
  3. Zealand Pharma A/SDKK 14.8bn
Employees
  1. CBio A/S8
  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
  • Bildbar ApS10%
  • Leroy Capital Fund II Aps5%
  • ALFA Ventures ApS10%
  • Londam Investments B.V.5%
  • CBio Holding ApS33.33%
  • RH Fisker Holding Aps5%
CBio A/S

Management

6 active registrations

Executive management

Executive management at CBio A/S
NameRoleAppointed
Ulrik CordesDirector21/01/2019

Board of directors

Board of directors at CBio A/S
NameRoleAppointed
Karin Cecilia HulténBoard member18/06/2020
Ulrik CordesBoard member18/06/2020
Christian Henri LeroyBoard member18/06/2020
Else Beth TrautnerChair of the board18/06/2020
Andreea Ioana KaiserBoard member20/10/2026
Founders
Ulrik Cordes
Former management (5)
Former management at CBio A/S
NameRoleAppointedResigned
Henriette Just Hare CordesChair of the board21/01/201918/06/2020
Pernille CordesBoard member21/01/201918/06/2020
Julie Franziska Hare CordesBoard member21/01/201918/06/2020
Andreea Ioana KaiserBoard member18/06/202028/06/2023
Lars Rabe TønnesenBoard member28/06/202320/10/2026

Signing rule: Selskabet tegnes af en direktør i forening med to bestyrelsesmedlemmer, af bestyrelsens formand i forening med to bestyrelsesmedlemmer eller af hele bestyrelsen.

Address and production units

1 active production units

Transformervej 8
2860 Søborg

Gladsaxe Municipality · Postcode 2860

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
CBio A/STransformervej 8, 2860 Søborg81024358433

Purpose

Selskabets formål er at drive investering, forskning, handel, fabrikation og hermed forbundet virksomhed primært inden for bioteknologi- og medicinalbranchen

The purpose is quoted from the register in Danish.

Changes year by year

49 registered events
20263 changesmanagement 2 · accounts 1
  • Andreea Ioana Kaiser appointed board member
  • Lars Rabe Tønnesen stepped down as board member
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Research and experimental development on natural sciences and engineering (721000)
20246 changescapital 2 · accounts 1 · ownership 3
  • Share capital changed from 1,890,483 DKK to 1,946,522 DKK
  • Annual report for 2023 published
  • Share capital changed from 1,771,253 DKK to 1,890,483 DKK
  • CBio Holding ApS registered as owner (33.33%)
  • RH Fisker Holding Aps registered as owner (5%)
  • CBio Holding ApS is no longer registered as owner
20234 changesaccounts 1 · management 2 · capital 1
  • Annual report for 2022 published
  • Lars Rabe Tønnesen appointed board member
  • Andreea Ioana Kaiser stepped down as board member
  • Share capital changed from 1,583,797 DKK to 1,771,253 DKK
20221 changeaccounts 1
  • Annual report for 2021 published
20217 changescapital 1 · ownership 4 · address 1 · accounts 1
  • Share capital changed from 1,318,841 DKK to 1,583,797 DKK
  • Leroy Capital Fund II Aps registered as owner (5%)
  • ALFA Ventures ApS registered as owner (10%)
  • Londam Investments B.V. registered as owner (5%)
  • ALFA DEVELOPMENT A/S is no longer registered as owner
  • Moved to Transformervej 8, 2860 Søborg
  • Annual report for 2020 published
202013 changesname 1 · capital 1 · management 8 · ownership 3
  • Name changed from Cordes Biotech A/S to CBio A/S
  • Share capital changed from 1,000,000 DKK to 1,318,841 DKK
  • Christian Henri Leroy appointed board member
  • Else Beth Trautner appointed chair of the board
  • Ulrik Cordes appointed board member
  • Andreea Ioana Kaiser appointed board member
  • Karin Cecilia Hultén appointed board member
  • Pernille Cordes stepped down as board member
  • Julie Franziska Hare Cordes stepped down as board member
  • Henriette Just Hare Cordes stepped down as chair of the board
  • ALFA DEVELOPMENT A/S registered as owner (5%)
  • CBio Holding ApS registered as owner (50%)
  • CBio Holding ApS is no longer registered as owner
201913 changescapital 2 · ownership 6 · founded 1 · management 4
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • Share capital changed from 400,000 DKK to 500,000 DKK
  • Bildbar ApS registered as owner (10%)
  • CBio Holding ApS registered as owner (90%)
  • CBio Holding ApS is no longer registered as owner
  • CBio Holding ApS registered as owner (100%)
  • Ulrik Cordes is no longer registered as owner
  • Registered as Cordes Biotech A/S
  • Ulrik Cordes appointed director
  • Pernille Cordes appointed board member
  • Julie Franziska Hare Cordes appointed board member
  • Henriette Just Hare Cordes appointed chair of the board
  • Ulrik Cordes registered as owner (100%)

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Same people in management

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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.

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