Pio Pharm Denmark ApS
Private limited companyCVR 43917951HundestedActive
Pio Pharm Denmark ApS is a private limited company, based in Hundested, active in operation of dairies and cheese making, founded in 2023. Equity was negative at the end of 2025 (−DKK 28.9m). The company made a loss in both 2024 and 2025, most recently DKK 21.7m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 16.3m to DKK 21.7m (2024 → 2025).
Employees
- 3 fewer employees than a year earlier: 17 (07/2026) against 20 (07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Operation of dairies and cheese making (105100)
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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | −7,407 | −9,411 | −2,363 | +74.9% |
| Operating profit (EBIT) | −8,647 | −15,517 | −19,137 | −23.3% |
| Profit before tax | −8,665 | −16,253 | −21,693 | −33.5% |
| Net profit | −8,665 | −16,253 | −21,693 | −33.5% |
| Total assets | 10,833 | 46,359 | 41,265 | −11% |
| Equity | 168 | −7,251 | −28,944 | −299.2% |
| Liabilities | 10,665 | 53,610 | 70,210 | +31% |
| Cash and cash equivalents | 313 | 3,671 | 1,989 | −45.8% |
| Average number of employees | 5 | 6 | 17 | +183.3% |
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 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 28.9m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss 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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 06/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 15/07/2025 | The company | PDFXBRL |
| 2023 | 10/03/2023 – 31/12/2023 | 24/07/2024 | 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
20 companies in the databaseComparison with the other companies in operation of dairies and cheese making based on the latest financial year.
Industry median: gross profit DKK 22.9m, net profit DKK 2.9m, equity DKK 44.3m, 47 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 69,264of 69,742 Better than 1% | No. 69,847of 69,964 Better than 0% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 16,450of 16,614 Better than 1% | No. 16,638of 16,661 Better than 0% |
| All companies of type ApS66,508 companies in the comparison | No. 65,990of 66,379 Better than 1% | No. 66,381of 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
Operation of dairies and cheese making- Pio Pharm Denmark ApS−DKK 2.4m
- Arla Foods AMBADKK 3bn
- Mammen Mejerierne A/SDKK 321m
- Pio Pharm Denmark ApS−DKK 21.7m
- Arla Foods AMBADKK 433m
- Mammen Mejerierne A/SDKK 37.4m
- Pio Pharm Denmark ApS−DKK 28.9m
- Arla Foods AMBADKK 3bn
- Mammen Mejerierne A/SDKK 286.8m
- Pio Pharm Denmark ApS17
- Arla Foods AMBA9,308
- Mammen Mejerierne A/S313
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Denps ApS33.33%
- Piopharm Co., Ltd50%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Hyonam Park | Director | 09/11/2023 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Denps ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lasse Nagell | Director | 10/03/2023 | 01/06/2024 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsUnovej 1
3390 Hundested
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Pio Pharm Denmark ApS | Unovej 1, 3390 Hundested | 16 | 1029125194 |
Purpose
Selskabets formål er at fremstille fødevarer samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
12 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Operation of dairies and cheese making (105100)
20243 changesaccounts 1 · management 1 · capital 1
- AccountsAnnual report for 2023 published
- ManagementLasse Nagell stepped down as director
- CapitalShare capital changed from 8,833,333 DKK to 17,666,666 DKK
20236 changesmanagement 2 · capital 1 · ownership 2 · founded 1
- ManagementHyonam Park appointed director
- CapitalShare capital changed from 40,000 DKK to 8,833,333 DKK
- OwnershipPIOPHARM CO., LTD registered as owner (50%)
- FoundedRegistered as Pio Pharm Denmark ApS
- ManagementLasse Nagell appointed director
- OwnershipDENPS ApS registered as owner (33.33%)
Related companies
Largest in the industry
- Arla Foods AMBADKK 3bn
- Mammen Mejerierne A/SDKK 321m
- Lactosan A/SDKK 284.7m
- Nørager Mejeri A/SDKK 189m
- Cremo Ingredients A/SDKK 174.3m
- Thise Mejeri A.m.b.a.DKK 174m
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.