Cercare Medical A/S
Public limited companyCVR 35483489Aarhus CActive
Cercare Medical A/S is a public limited company, based in Aarhus C, active in research and experimental development on natural sciences and engineering, founded in 2013. Equity was negative at the end of 2025 (−DKK 11.3m). The company made a loss in both 2024 and 2025, most recently DKK 56.7m. With 28 employees, the company is about 6 times larger than the industry median.
Key figures · financial year 2025
Gross profit−DKK 33.3m−5.2% vs. 2024
Net profit−DKK 56.7m−6.5% vs. 2024
Equity−DKK 11.3m−136.6% vs. 2024
Employees28latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 53.3m to DKK 56.7m (2024 → 2025).
- Equity turned negative: −DKK 11.3m (2024 → 2025).
Management and owners, last 24 months
- New in management: Belinda Jane Oakland (board member, 01/04/2026).
- New owners registered: MK Holding af 2013 ApS (30/01/2025) and Smedvig Capital AS (19/05/2026).
- No longer registered as owner: MK Holding af 2013 ApS (29/01/2025), Smedvig Capital AS (18/05/2026) and Herfo FInans AS (22/11/2024) (+1).
Registrations, last 24 months
- 19/05/2026: Share capital changed from 1,307,253 DKK to 1,454,815 DKK
- 01/04/2026: Share capital changed from 1,000,918 DKK to 1,307,253 DKK
- 30/01/2025: Share capital changed from 957,826 DKK to 1,000,918 DKK
- 01/01/2025: Industry changed to Research and experimental development on natural sciences and engineering (721000)
- 10/12/2024: Share capital changed from 931,484 DKK to 957,826 DKK
- 22/11/2024: Share capital changed from 775,641 DKK to 931,484 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 | −2,852 | 3,045 | −18,800 | −24,371 | −31,642 | −33,296 | −5.2% |
| Operating profit (EBIT) | −16,599 | −12,304 | −34,528 | −43,380 | −54,879 | −58,908 | −7.3% |
| Profit before tax | −16,752 | −12,522 | −34,943 | −45,168 | −56,120 | −59,347 | −5.7% |
| Net profit | −14,654 | −10,858 | −31,927 | −42,425 | −53,285 | −56,743 | −6.5% |
| Total assets | 43,273 | 37,770 | 9,359 | 26,541 | 36,600 | 19,269 | −47.4% |
| Equity | 40,808 | 35,537 | −3,825 | 19,855 | 30,829 | −11,270 | −136.6% |
| Liabilities | 2,466 | 2,233 | 13,184 | 6,686 | 5,772 | 30,538 | +429.1% |
| Cash and cash equivalents | 38,760 | 3,251 | 3,795 | 19,839 | 30,956 | 14,372 | −53.6% |
| Average number of employees | 16 | 17 | – | 22 | 26 | 27 | +3.8% |
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 figuresNegative equity
Equity was −DKK 11.3m 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| 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 | 03/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 29/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 05/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 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.
Gross profit−DKK 33.3mNo. 413 of 421
Better than 2% of the companies in the industry
Equity−DKK 11.3mNo. 405 of 431
Better than 6% of the companies in the industry
Number of employees28No. 71 of 431
Better than 84% of the companies in the industry
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. 9,876of 9,892 Better than 0% | No. 9,800of 9,922 Better than 1% |
| Same industry and 20–49 employees64 companies in the comparison | No. 58of 62 Better than 7% | No. 54of 64 Better than 16% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,565of 33,588 Better than 0% | No. 33,387of 33,687 Better than 1% |
| All companies of type A/S18,025 companies in the comparison | No. 17,750of 17,786 Better than 0% | No. 17,806of 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 engineeringGross profit
- Cercare Medical A/S−DKK 33.3m
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
Net profit
- Cercare Medical A/S−DKK 56.7m
- Carlsberg A/SDKK 7bn
- Zealand Pharma A/SDKK 6.5bn
Equity
- Cercare Medical A/S−DKK 11.3m
- Carlsberg A/SDKK 30.7bn
- Zealand Pharma A/SDKK 14.8bn
Employees
- Cercare Medical A/S28
- 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 RegisterOwners
- Canica Holding AG5%
- Bagger-Sørensen Equity A/S5%
- MK Holding af 2013 ApS5%
- Smedvig Capital AS25%
Cercare Medical A/S
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kim Beuschau Mouridsen | CEO | 01/04/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mikkel Bo Hansen | Board member | 03/10/2013 |
| Marit Salte | Board member | 28/10/2016 |
| Jeppe Øvli Øvlesen | Chair of the board | 01/04/2021 |
| Jonathan Andrew Lerner | Board member | 30/06/2023 |
| Ulla Bagger-Sørensen | Board member | 01/07/2023 |
| Belinda Jane Oakland | Board member | 01/04/2026 |
- Founders
- MK Holding af 2013 ApS
Former management (12)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Beuschau Mouridsen | Board member | 27/09/2013 | 01/04/2021 |
| Kim Beuschau Mouridsen | Director | 27/09/2013 | 28/10/2016 |
| Jon Ingi Benediktsson | Chair of the board | 03/10/2013 | 01/04/2016 |
| Jeppe Øvli Øvlesen | Board member | 29/11/2013 | 28/10/2016 |
| Jeppe Øvli Øvlesen | Director | 28/10/2016 | 22/10/2017 |
| Odd Torland | Board member | 28/10/2016 | 22/10/2017 |
| Jeppe Øvli Øvlesen | CEO | 23/10/2017 | 01/04/2021 |
| Odd Torland | Chair of the board | 23/10/2017 | 31/03/2021 |
| Kim Beuschau Mouridsen | Director | 06/04/2018 | 31/03/2021 |
| Aitana Peire Morais | Board member | 30/09/2020 | 28/04/2022 |
| Odd Torland | Board member | 01/04/2021 | 30/06/2023 |
| Konstantinos Dimitrakopoulos | Board member | 28/04/2022 | 31/12/2023 |
Signing rule: Selskabet tegnes af tre medlemmer af bestyrelsen i forening eller af Selskabets administrerende direktør og bestyrelsesformanden i forening.
Address and production units
1 active production unitsInge Lehmanns Gade 10
8000 Aarhus C
Aarhus Municipality · Postcode 8000
Other companies at the address (8)
- Vindstød A/SDistribution of electricity
- IN Groupe Signaturgruppen A/SOther information technology and computer service activities
- Falcon Fondsmæglerselskab A/SSecurity and commodity contracts brokerage
- Blockdaemon ApSComputer consultancy and computer facilities management
- Sympa ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Cercare Medical A/S | Inge Lehmanns Gade 10, 8000 Aarhus C | 30 | 1018788116 |
Purpose
Selskabets formål er at drive en virksomhed til udvikling, handel og salg af computer baseret beslutningsstøtteværktøj til brug i kliniske omgivelser og til at estimere omfanget af salvageable væv hos patienter med akut iskæmisk slagtilfælde, og andre beslægtede aktiviteter.
The purpose is quoted from the register in Danish.
Changes year by year
120 registered events02015
152016
72017
152018
12019
152020
162021
32022
162023
102024
52025
62026
20266 changesaccounts 1 · capital 2 · ownership 2 · management 1
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 1,307,253 DKK to 1,454,815 DKK
- OwnershipSmedvig Capital AS registered as owner (25%)
- OwnershipSmedvig Capital AS is no longer registered as owner
- CapitalShare capital changed from 1,000,918 DKK to 1,307,253 DKK
- ManagementBelinda Jane Oakland appointed board member
20255 changesaccounts 1 · capital 1 · ownership 2 · industry 1
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 957,826 DKK to 1,000,918 DKK
- OwnershipMK HOLDING AF 2013 ApS registered as owner (5%)
- OwnershipMK HOLDING AF 2013 ApS is no longer registered as owner
- IndustryIndustry changed to Research and experimental development on natural sciences and engineering (721000)
202410 changescapital 3 · ownership 5 · accounts 1 · address 1
- CapitalShare capital changed from 931,484 DKK to 957,826 DKK
- CapitalShare capital changed from 775,641 DKK to 931,484 DKK
- OwnershipQuantass ApS is no longer registered as owner
- OwnershipHerfo FInans AS is no longer registered as owner
- OwnershipBagger-Sørensen Equity A/S registered as owner (5%)
- OwnershipTablet 8 ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 761,610 DKK to 775,641 DKK
- OwnershipQuantass ApS registered as owner (5%)
- AddressMoved to Inge Lehmanns Gade 10, 8000 Aarhus C
202316 changesmanagement 4 · accounts 1 · capital 2 · ownership 9
- ManagementKonstantinos Dimitrakopoulos stepped down as board member
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 486,845 DKK to 761,610 DKK
- ManagementUlla Bagger-Sørensen appointed board member
- OwnershipMK HOLDING AF 2013 ApS registered as owner (10%)
- OwnershipTablet 8 ApS registered as owner (5%)
- OwnershipCanica Holding AG registered as owner (5%)
- OwnershipHerfo FInans AS registered as owner (5%)
- OwnershipSmedvig Capital AS registered as owner (33.33%)
- OwnershipQuantass ApS is no longer registered as owner
- ManagementJonathan Andrew Lerner appointed board member
- ManagementOdd Torland stepped down as board member
- OwnershipMK HOLDING AF 2013 ApS is no longer registered as owner
- OwnershipCanica Holding AG is no longer registered as owner
- OwnershipSmedvig Capital AS is no longer registered as owner
- CapitalShare capital changed from 485,373 DKK to 486,845 DKK
20223 changesaccounts 1 · management 2
- AccountsAnnual report for 2021 published
- ManagementKonstantinos Dimitrakopoulos appointed board member
- ManagementAitana Peire Morais stepped down as board member
202116 changesaccounts 1 · capital 1 · ownership 7 · management 7
- AccountsAnnual report for 2020 published
- CapitalShare capital changed from 475,452 DKK to 485,373 DKK
- OwnershipMK HOLDING AF 2013 ApS registered as owner (15%)
- OwnershipCanica Holding AG registered as owner (5%)
- OwnershipSmedvig Capital AS registered as owner (33.33%)
- OwnershipQuantass ApS registered as owner (5%)
- OwnershipSmedvig Capital AS is no longer registered as owner
- OwnershipCanica Holding AG is no longer registered as owner
- OwnershipMK HOLDING AF 2013 ApS is no longer registered as owner
- ManagementOdd Torland appointed board member
- ManagementKim Beuschau Mouridsen appointed ceo
- ManagementJeppe Øvli Øvlesen appointed chair of the board
- ManagementJeppe Øvli Øvlesen stepped down as ceo
- ManagementKim Beuschau Mouridsen stepped down as board member
- ManagementKim Beuschau Mouridsen stepped down as director
- ManagementOdd Torland stepped down as chair of the board
202015 changesname 1 · ownership 10 · capital 3 · management 1
- NameName changed from Cercare Medical ApS to Cercare Medical A/S
- OwnershipQUANTASS ApS is no longer registered as owner
- CapitalShare capital changed from 457,317 DKK to 475,452 DKK
- OwnershipSmedvig Capital AS registered as owner (33.33%)
- OwnershipSmedvig Capital AS is no longer registered as owner
- CapitalShare capital changed from 396,831 DKK to 457,317 DKK
- ManagementAitana Peire Morais appointed board member
- OwnershipCanica Holding AG registered as owner (5%)
- CapitalShare capital changed from 352,792 DKK to 396,831 DKK
- OwnershipMK HOLDING AF 2013 ApS registered as owner (20%)
- OwnershipSmedvig Capital AS registered as owner (50%)
- OwnershipQUANTASS ApS registered as owner (5%)
- OwnershipSmedvig Capital AS is no longer registered as owner
- OwnershipMK HOLDING AF 2013 ApS is no longer registered as owner
- OwnershipQUANTASS ApS is no longer registered as owner
20191 changecapital 1
- CapitalShare capital changed from 312,797 DKK to 352,792 DKK
201815 changesaddress 3 · capital 2 · ownership 9 · management 1
- AddressMoved to Inge Lehmanns Gade 10, 8000 Aarhus C
- AddressMoved to Inge Lehmanns Gade 10, 8000 Aarhus C
- CapitalShare capital changed from 294,364 DKK to 312,797 DKK
- OwnershipSmedvig Capital AS registered as owner (33.33%)
- OwnershipCercare Medical A/S is no longer registered as owner
- OwnershipSALK HOLDING ApS is no longer registered as owner
- OwnershipSmedvig Capital AS is no longer registered as owner
- ManagementKim Beuschau Mouridsen appointed director
- CapitalShare capital changed from 278,980 DKK to 294,364 DKK
- OwnershipMK HOLDING AF 2013 ApS registered as owner (25%)
- OwnershipSmedvig Capital AS registered as owner (25%)
- OwnershipCercare Medical A/S registered as owner (5%)
- OwnershipSmedvig Capital AS is no longer registered as owner
- OwnershipMK HOLDING AF 2013 ApS is no longer registered as owner
- AddressMoved to Inge Lehmanns Gade 10, 8000 Aarhus C
20177 changesownership 1 · capital 1 · name 1 · management 4
- OwnershipCORPORATE CULTURE ApS is no longer registered as owner
- CapitalShare capital changed from 258,980 DKK to 278,980 DKK
- NameName changed from COMBAT STROKE ApS to Cercare Medical ApS
- ManagementJeppe Øvli Øvlesen appointed ceo
- ManagementOdd Torland appointed chair of the board
- ManagementOdd Torland stepped down as board member
- ManagementJeppe Øvli Øvlesen stepped down as director
201615 changesmanagement 6 · capital 2 · ownership 7
- ManagementMarit Salte appointed board member
- ManagementOdd Torland appointed board member
- ManagementJeppe Øvli Øvlesen appointed director
- ManagementJeppe Øvli Øvlesen stepped down as board member
- ManagementKim Beuschau Mouridsen stepped down as director
- CapitalShare capital changed from 166,127 DKK to 258,980 DKK
- OwnershipSALK HOLDING ApS registered as owner (5%)
- OwnershipSmedvig Capital AS registered as owner (20%)
- OwnershipQUANTASS ApS registered as owner (5%)
- OwnershipMK HOLDING AF 2013 ApS registered as owner (33.33%)
- OwnershipMK HOLDING AF 2013 ApS is no longer registered as owner
- CapitalShare capital changed from 110,127 DKK to 166,127 DKK
- OwnershipCORPORATE CULTURE ApS registered as owner (10%)
- OwnershipPreSeed Ventures A/S is no longer registered as owner
- ManagementJon Ingi Benediktsson stepped down as chair of the board
20143 changescapital 1 · ownership 2
- CapitalShare capital changed from 102,433 DKK to 110,127 DKK
- OwnershipMK HOLDING AF 2013 ApS registered as owner (66.67%)
- OwnershipPreSeed Ventures A/S registered as owner (20%)
20138 changesmanagement 5 · capital 1 · address 1 · founded 1
- ManagementJeppe Øvli Øvlesen appointed board member
- CapitalShare capital changed from 80,000 DKK to 102,433 DKK
- ManagementJon Ingi Benediktsson appointed chair of the board
- ManagementMikkel Bo Hansen appointed board member
- AddressMoved to Nørrebrogade 44, 5. th, 8000 Aarhus C
- FoundedRegistered as COMBAT STROKE ApS
- ManagementKim Beuschau Mouridsen appointed director
- ManagementKim Beuschau Mouridsen appointed board member
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Same people in management
- Chemometec A/Svia Jeppe Øvli Øvlesen
- Qiagen Aarhus A/Svia Jeppe Øvli Øvlesen
- ZS Associates A/Svia Jon Ingi Benediktsson
- Motilitycount ApSvia Jon Ingi Benediktsson
- Hybridgenerator Apsvia Jeppe Øvli Øvlesen
- Mindway AI ApSvia Jeppe Øvli Øvlesen
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.