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QNTM Labs ApS

Private limited companyCVR 41218959Odense SØActive

QNTM Labs ApS is a private limited company, based in Odense SØ, active in research and experimental development on natural sciences and engineering, founded in 2020. The company made a loss in both 2024 and 2025, most recently DKK 29.7m. With 37 employees, the company is about 7 times larger than the industry median. Equity fell to DKK 41.2m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 3.6m+55.8% vs. 2024
Net profit−DKK 29.7m+19.7% vs. 2024
EquityDKK 41.2m−15.5% vs. 2024
Employees37latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 36.9m to DKK 29.7m (2024 → 2025).
  • Equity fell 16% (2024 → 2025), to DKK 41.2m.

Employees

  • 9 more employees than a year earlier: 37 (07/2026) against 28 (07/2025).

Management and owners, last 24 months

  • New in management: Max Færch Milthers (director, 15/04/2026) and Cornelius James Merlini (ceo, 10/09/2025).
  • Stepped down: Christian Carlsen (chair of the board, 12/02/2026), Connor Robert Jensen Murphy (board member, 12/02/2026) and Cornelius James Merlini (board member, 12/02/2026) (+3).
  • New owners registered: ACT Global Lab Services, Inc. (01/01/2026).
  • No longer registered as owner: QNTM Ventures ApS (01/01/2026).

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 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for QNTM Labs ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−140−2,415−9,706−5,353−8,203−3,624+55.8%
Operating profit (EBIT)–−4,135−13,337−26,986−36,403−28,681+21.2%
Profit before tax−84−4,179−13,432−27,044−36,918−29,663+19.7%
Net profit−101−3,095−11,742−27,799−36,918−29,663+19.7%
Total assets3,5097,72250,85463,68351,95444,744−13.9%
Equity−616,91844,18057,92848,83941,249−15.5%
Liabilities3,5548046,6745,7543,1153,495+12.2%
Cash and cash equivalents1,75617526,1055,4234,1602,209−46.9%
Average number of employees2211252724−11.1%

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 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

  • 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 QNTM Labs ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202105/07/2022The companyPDFXBRL
202001/03/2020 – 31/12/202001/07/2021The 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
0510152025303508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profit−DKK 3.6mNo. 366 of 421
Better than 13% of the companies in the industry
EquityDKK 41.2mNo. 68 of 431
Better than 84% of the companies in the industry
Number of employees37No. 80 of 431
Better than 82% 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 20–49 employees9,922 companies in the comparison
No. 9,809of 9,892
Better than 1%
No. 866of 9,922
Better than 91%
Same industry and 20–49 employees64 companies in the comparison
No. 46of 62
Better than 26%
No. 25of 64
Better than 62%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,395of 33,588
Better than 1%
No. 1,377of 33,687
Better than 96%
All companies of type ApS66,508 companies in the comparison
No. 66,125of 66,379
Better than 0%
No. 2,462of 66,505
Better than 96%

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. QNTM Labs ApS−DKK 3.6m
  2. Carlsberg A/SDKK 40.2bn
  3. Zealand Pharma A/SDKK 9.2bn
Net profit
  1. QNTM Labs ApS−DKK 29.7m
  2. Carlsberg A/SDKK 7bn
  3. Zealand Pharma A/SDKK 6.5bn
Equity
  1. QNTM Labs ApSDKK 41.2m
  2. Carlsberg A/SDKK 30.7bn
  3. Zealand Pharma A/SDKK 14.8bn
Employees
  1. QNTM Labs ApS37
  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
  • ACT Global Lab Services, Inc.100%
QNTM Labs ApS

Management

1 active registrations

Executive management

Executive management at QNTM Labs ApS
NameRoleAppointed
Max Færch MilthersDirector15/04/2026
Founders
Anpartsselskabet Stakemann
Former management (10)
Former management at QNTM Labs ApS
NameRoleAppointedResigned
Peter Andreas StakemannDirector01/03/202012/03/2020
Justin Warren IhnkenDirector12/03/202004/03/2024
Connor Robert Jensen MurphyDirector12/03/202004/03/2024
Christian CarlsenChair of the board10/06/202112/02/2026
Justin Warren IhnkenBoard member10/06/202113/02/2024
Connor Robert Jensen MurphyBoard member10/06/202112/02/2026
Cornelius James MerliniBoard member28/02/202412/02/2026
Ross Thomas DesmaraisBoard member28/02/202412/02/2026
Jack Egelund MadsenCEO04/03/202410/09/2025
Cornelius James MerliniCEO10/09/202515/04/2026

Signing rule: Selskabet tegnes af direktøren.

Address and production units

1 active production units

Unsbjergvej 4A
5220 Odense SØ

Odense Municipality · Postcode 5220

Production units
Production unitAddressEmployeesP number
QNTM Labs ApSUnsbjergvej 4A, Tornbjerg, 5220 Odense SØ351025633772

Purpose

Selskabets formål er at beskæftige sig med life science og laboratorie forsøg samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events
20269 changesaccounts 1 · management 6 · ownership 2
  • Annual report for 2025 published
  • Max Færch Milthers appointed director
  • Cornelius James Merlini stepped down as ceo
  • Cornelius James Merlini stepped down as board member
  • Ross Thomas Desmarais stepped down as board member
  • Connor Robert Jensen Murphy stepped down as board member
  • Christian Carlsen stepped down as chair of the board
  • ACT Global Lab Services, Inc. registered as owner (100%)
  • QNTM Ventures ApS is no longer registered as owner
20254 changesmanagement 2 · accounts 1 · industry 1
  • Cornelius James Merlini appointed ceo
  • Jack Egelund Madsen stepped down as ceo
  • Annual report for 2024 published
  • Industry changed to Research and experimental development on natural sciences and engineering (721000)
20247 changesaccounts 1 · management 6
  • Annual report for 2023 published
  • Jack Egelund Madsen appointed ceo
  • Connor Robert Jensen Murphy stepped down as director
  • Justin Warren Ihnken stepped down as director
  • Cornelius James Merlini appointed board member
  • Ross Thomas Desmarais appointed board member
  • Justin Warren Ihnken stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesaccounts 1 · address 1 · management 3
  • Annual report for 2020 published
  • Moved to Unsbjergvej 4A, Tornbjerg, 5220 Odense SØ
  • Connor Robert Jensen Murphy appointed board member
  • Christian Carlsen appointed chair of the board
  • Justin Warren Ihnken appointed board member
202011 changesaddress 1 · name 1 · industry 1 · management 4 · ownership 3 · founded 1
  • Moved to Havneholmen 80, st, 1561 København V
  • Name changed from ApS STAKE nr. 6121 to QNTM Labs ApS
  • Industry changed to Forskning og eksperimentel udvikling indenfor bioteknologi (721100)
  • Connor Robert Jensen Murphy appointed director
  • Justin Warren Ihnken appointed director
  • Peter Andreas Stakemann stepped down as director
  • QNTM Ventures ApS registered as owner (100%)
  • ANPARTSSELSKABET STAKEMANN is no longer registered as owner
  • Registered as ApS STAKE nr. 6121
  • Peter Andreas Stakemann appointed director
  • ANPARTSSELSKABET STAKEMANN registered as owner (100%)

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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.

View in CVRReport a correction