Kvasir Technologies ApS
Private limited companyCVR 39878348SøborgActive
Kvasir Technologies ApS is a private limited company, based in Søborg, active in research and experimental development on natural sciences and engineering, founded in 2018. Equity was negative at the end of 2026 (−DKK 89.1m). The company made a loss in both 2025 and 2026, most recently DKK 80.5m. With 21 employees, the company is about 4 times larger than the industry median.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- The loss grew: from DKK 16.2m to DKK 80.5m (2025 → 2026).
Employees
- 3 fewer employees than a year earlier: 21 (07/2026) against 24 (07/2025).
Management and owners, last 24 months
- New in management: Jan Holm (chair of the board, 04/04/2025), Lasse Truels Mayner Köhler (board member, 12/06/2026) and Jakob Mathias Wichmann (board member, 12/06/2026) (+2).
- Stepped down: Anders Bak Kristoffersen (director, 12/06/2026), Lars Erik Clausen (chair of the board, 27/03/2025) and Anders Bak Kristoffersen (board member, 12/06/2026) (+5).
- New owners registered: Maersk Oil Trading and Investments A/S (12/06/2026), Indefatigable invest ApS (12/06/2026) and Joachim B Nielsen Holding ApS (12/06/2026) (+2).
- No longer registered as owner: Maersk Oil Trading and Investments A/S (11/06/2026), Indefatigable invest ApS (11/06/2026) and Joachim B Nielsen Holding ApS (11/06/2026).
Registrations, last 24 months
- 12/06/2026: Share capital changed from 55,646 DKK to 80,554 DKK
- 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 2021–2026 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,763 | 79 | −2,553 | −2,582 | −2,632 | −5,359 | −103.6% |
| Operating profit (EBIT) | 1,620 | −19 | −2,883 | – | – | – | – |
| Profit before tax | 1,609 | −98 | −3,093 | −11,922 | −21,074 | −85,740 | −306.8% |
| Net profit | 1,209 | 135 | −2,139 | −9,010 | −16,171 | −80,524 | −397.9% |
| Total assets | 3,372 | 5,772 | 14,048 | 50,662 | 85,045 | 73,244 | −13.9% |
| Equity | 2,465 | 2,799 | 661 | 7,643 | −8,529 | −89,053 | −944.2% |
| Liabilities | 335 | 2,112 | 12,308 | – | 93,574 | 162,298 | +73.4% |
| Cash and cash equivalents | 189 | 320 | 1,353 | 24,577 | 39,671 | 2,879 | −92.7% |
| Average number of employees | 3 | 2 | 4 | 10 | 17 | 19 | +11.8% |
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 2021, 2022, 2023, 2024, 2025, 2026: 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 2026 figuresNegative equity
Equity was −DKK 89.1m at the end of 2026.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 4 years in a row
Net result has been negative in 2023–2026.
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 |
|---|---|---|---|---|
| 2026 | 01/04/2025 – 31/03/2026 | 30/09/2026 | The company | PDF not statedXBRL |
| 2025 | 01/04/2024 – 31/03/2025 | 23/06/2025 | The company | PDF not statedXBRL |
| 2024 | 01/04/2023 – 31/03/2024 | 10/06/2024 | The company | PDF not statedXBRL |
| 2023 | 01/04/2022 – 31/03/2023 | 04/09/2023 | The company | PDFXBRL |
| 2022 | 01/04/2021 – 31/03/2022 | 05/07/2022 | The company | PDFXBRL |
| 2021 | 01/04/2020 – 31/03/2021 | 04/10/2021 | 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. 9,821of 9,892 Better than 1% | No. 9,899of 9,922 Better than 0% |
| Same industry and 20–49 employees64 companies in the comparison | No. 47of 62 Better than 25% | No. 59of 64 Better than 8% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,440of 33,588 Better than 0% | No. 33,640of 33,687 Better than 0% |
| All companies of type ApS66,508 companies in the comparison | No. 66,200of 66,379 Better than 0% | No. 66,466of 66,505 Better than 0% |
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- Kvasir Technologies ApS−DKK 5.4m
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- Kvasir Technologies ApS−DKK 80.5m
- Carlsberg A/SDKK 7bn
- Zealand Pharma A/SDKK 6.5bn
- Kvasir Technologies ApS−DKK 89.1m
- Carlsberg A/SDKK 30.7bn
- Zealand Pharma A/SDKK 14.8bn
- Kvasir Technologies ApS21
- 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- Maersk Oil Trading and Investments A/S10%
- Indefatigable invest ApS5%
- Joachim B Nielsen Holding ApS33.33%
- Danmarks Eksport- og Investeringsfond10%
- The Footprint Fund I K/S5%
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Joachim Bachmann Nielsen | CEO | 19/09/2018 |
| Ulrik Falkenberg Lending | Director | 01/06/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Joachim Bachmann Nielsen | Board member | 07/10/2021 |
| Jan Holm | Chair of the board | 04/04/2025 |
| Lasse Truels Mayner Köhler | Board member | 12/06/2026 |
| Jakob Mathias Wichmann | Board member | 12/06/2026 |
| Knud Erik Andersen | Board member | 20/08/2026 |
- Auditor
- KPMG P/S
- Founders
- Indefatigable invest ApS, Joachim B Nielsen Holding ApS, EM Green Holding IVS
Former management (13)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Esben Mortensen | Board member | 19/09/2018 | 01/12/2019 |
| Joachim Bachmann Nielsen | Board member | 19/09/2018 | 01/12/2019 |
| Anders Bak Kristoffersen | Chair of the board | 19/09/2018 | 01/12/2019 |
| Anders Bak Kristoffersen | Director | 01/12/2019 | 12/06/2026 |
| Lars Erik Clausen | Chair of the board | 07/10/2021 | 27/03/2025 |
| Anders Bak Kristoffersen | Board member | 07/10/2021 | 12/06/2026 |
| Mikala Grubb | Board member | 09/12/2021 | 01/05/2023 |
| Lasse Truels Mayner Köhler | Board member | 21/04/2023 | 30/10/2023 |
| Mette Fløe Nielsen | Board member | 21/04/2023 | 12/06/2026 |
| Nikolaj Michael Pihl Kristensen | Board member | 16/11/2023 | 12/06/2026 |
| Rene Østergaard Palne | Director | 23/11/2023 | 12/08/2025 |
| Mikkel Skytte Hejbøl | Board member | 07/02/2024 | 12/06/2026 |
| Jan Holm | Board member | 27/03/2025 | 03/04/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med Jan Holm, af en direktør i forening med Jakob Mathias Wichmann, af en direktør i forening med Lasse Truels Mayner Köhler, af en direktør i forening med Knud Erik Andersen eller af den samlede bestyrelse i forening.
Address and production units
2 active production unitsMaskinvej 5
2860 Søborg
Gladsaxe Municipality · Postcode 2860
Other companies at the address (8)
- Alfa Laval Copenhagen A/SManufacture of other general-purpose machinery n.e.c.
- Chromologics ApSResearch and experimental development on natural sciences and engineering
- Cellugy ApSResearch and experimental development on natural sciences and engineering
- Visibuilt ApSOther technical consultancy
- PhaseTree ApSResearch and experimental development on natural sciences and engineering
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Kvasir Technologies ApS | Maskinvej 5, 2860 Søborg | 15 | 1023972928 |
| Kvasir Technologies | Nordre Kobbelvej 4, 7000 Fredericia | – | 1030014843 |
Purpose
Selskabets formål er - direkte eller via besiddelse af kapitalandele i andre selskaber - at drive teknologi virksomhed samt anden virksomhed, der efter direktionens skøn er forbundet dermed
The purpose is quoted from the register in Danish.
Changes year by year
74 registered events202618 changesaccounts 1 · management 8 · capital 1 · ownership 8
- AccountsAnnual report for 2026 published
- ManagementKnud Erik Andersen appointed board member
- CapitalShare capital changed from 55,646 DKK to 80,554 DKK
- ManagementJakob Mathias Wichmann appointed board member
- ManagementLasse Truels Mayner Köhler appointed board member
- ManagementMikkel Skytte Hejbøl stepped down as board member
- ManagementNikolaj Michael Pihl Kristensen stepped down as board member
- ManagementMette Fløe Nielsen stepped down as board member
- ManagementAnders Bak Kristoffersen stepped down as board member
- ManagementAnders Bak Kristoffersen stepped down as director
- OwnershipMaersk Oil Trading and Investments A/S registered as owner (10%)
- OwnershipThe Footprint Fund I K/S registered as owner (5%)
- OwnershipDanmarks Eksport- og Investeringsfond registered as owner (10%)
- OwnershipJOACHIM B NIELSEN HOLDING ApS registered as owner (33.33%)
- OwnershipIndefatigable invest ApS registered as owner (5%)
- OwnershipIndefatigable invest ApS is no longer registered as owner
- OwnershipMaersk Oil Trading and Investments A/S is no longer registered as owner
- OwnershipJOACHIM B NIELSEN HOLDING ApS is no longer registered as owner
20257 changesmanagement 5 · accounts 1 · industry 1
- ManagementRene Østergaard Palne stepped down as director
- AccountsAnnual report for 2025 published
- ManagementJan Holm appointed chair of the board
- ManagementJan Holm stepped down as board member
- ManagementJan Holm appointed board member
- ManagementLars Erik Clausen stepped down as chair of the board
- IndustryIndustry changed to Research and experimental development on natural sciences and engineering (721000)
20244 changesaccounts 1 · management 2 · capital 1
- AccountsAnnual report for 2024 published
- ManagementUlrik Falkenberg Lending appointed director
- CapitalShare capital changed from 53,001 DKK to 55,646 DKK
- ManagementMikkel Skytte Hejbøl appointed board member
202313 changesmanagement 6 · accounts 1 · capital 1 · ownership 5
- ManagementRene Østergaard Palne appointed director
- ManagementNikolaj Michael Pihl Kristensen appointed board member
- ManagementLasse Truels Mayner Köhler stepped down as board member
- AccountsAnnual report for 2023 published
- ManagementMikala Grubb stepped down as board member
- CapitalShare capital changed from 46,897 DKK to 53,001 DKK
- ManagementMette Fløe Nielsen appointed board member
- ManagementLasse Truels Mayner Köhler appointed board member
- OwnershipIndefatigable invest ApS registered as owner (10%)
- OwnershipMaersk Oil Trading and Investments A/S registered as owner (5%)
- OwnershipJOACHIM B NIELSEN HOLDING ApS registered as owner (50%)
- OwnershipJOACHIM B NIELSEN HOLDING ApS is no longer registered as owner
- OwnershipIndefatigable invest ApS is no longer registered as owner
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20217 changesmanagement 4 · capital 2 · accounts 1
- ManagementMikala Grubb appointed board member
- CapitalShare capital changed from 45,977 DKK to 46,897 DKK
- ManagementJoachim Bachmann Nielsen appointed board member
- ManagementAnders Bak Kristoffersen appointed board member
- ManagementLars Erik Clausen appointed chair of the board
- AccountsAnnual report for 2021 published
- CapitalShare capital changed from 40,000 DKK to 45,977 DKK
20202 changesname 1 · capital 1
- NameName changed from Kvasir Technologies IVS to Kvasir Technologies ApS
- CapitalShare capital changed from 15,000 DKK to 40,000 DKK
20198 changesaddress 1 · management 4 · ownership 3
- AddressMoved to Maskinvej 5, 2860 Søborg
- ManagementAnders Bak Kristoffersen appointed director
- ManagementAnders Bak Kristoffersen stepped down as chair of the board
- ManagementJoachim Bachmann Nielsen stepped down as board member
- ManagementEsben Mortensen stepped down as board member
- OwnershipJOACHIM B NIELSEN HOLDING ApS registered as owner (66.67%)
- OwnershipIndefatigable invest ApS registered as owner (15%)
- OwnershipJOACHIM B NIELSEN HOLDING ApS is no longer registered as owner
201814 changesownership 7 · address 2 · founded 1 · management 4
- OwnershipJOACHIM B NIELSEN HOLDING ApS registered as owner (90%)
- OwnershipEM Green Holding IVS is no longer registered as owner
- OwnershipIndefatigable invest ApS is no longer registered as owner
- OwnershipJOACHIM B NIELSEN HOLDING ApS is no longer registered as owner
- AddressMoved to Frederiksborgvej 399, Himmelev, 4000 Roskilde
- AddressMoved to Frederiksborgvej 399, Himmelev, 4000 Roskilde
- FoundedRegistered as Kvasir Technologies IVS
- ManagementAnders Bak Kristoffersen appointed chair of the board
- ManagementJoachim Bachmann Nielsen appointed board member
- ManagementJoachim Bachmann Nielsen appointed ceo
- ManagementEsben Mortensen appointed board member
- OwnershipJOACHIM B NIELSEN HOLDING ApS registered as owner (66.67%)
- OwnershipEM Green Holding IVS registered as owner (10%)
- OwnershipIndefatigable invest ApS registered as owner (10%)
Related companies
Same industry in Gladsaxe
- Zealand Pharma A/S569 employees
- Fortrea Denmark ApS31 employees
- Fida Biosystems ApS23 employees
- Nbcd A/S21 employees
- Chromologics ApS19 employees
- Cellugy ApS18 employees
Same people in management
- Nexel A/Svia Lars Erik Clausen
- European Energy A/Svia Knud Erik Andersen
- Danske Commodities A/Svia Knud Erik Andersen
- IBM Danmark ApSvia Lars Erik Clausen
- Crossbridge Energy A/Svia Lars Erik Clausen
- Frederiksberg Forsynings Serviceselskab A/Svia Lars Erik Clausen
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.