ADVALIGHT ApS

CVR 29935270 · Private limited company (ApS) · Active · Medium risk

ADVALIGHT ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry fremstilling af bestrålingsudstyr og elektromedicinsk og elektroterapeutisk udstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 19 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 26.7m and a net result of DKK -26.6m.

Bankruptcy risk for ADVALIGHT ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
29935270
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Industriparken 22A
2750 Ballerup
Municipality
Ballerup
Industry
Fremstilling af bestrålingsudstyr og elektromedicinsk og elektroterapeutisk udstyr (266090)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 7.2m
Employees
17 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 19
Missing annual reportNo
Negative equityNo
Equity ratio36.7%
Current ratio265%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -6.0mDKK -27.3mDKK -3.2m
Net profitDKK -26.6mDKK -37.9mDKK -16.2m
EquityDKK 26.7mDKK 31.9mDKK 16.1m
Total assetsDKK 72.7mDKK 77.6mDKK 74.7m
CashDKK 12.2mDKK 17.4m–
Short-term debtDKK 11.5mDKK 11.0m–
Avg. employees3737–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019146
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 201696
1 Jan 2015 – 31 Dec 201595
1 Jan 2014 – 31 Dec 2014127
1 Jan 2013 – 31 Dec 201330
1 Jan 2012 – 31 Dec 201274
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 201094
1 Jan 2009 – 31 Dec 2009131
1 Jan 2008 – 31 Dec 2008125
28 Sep 2006 – 31 Dec 2007156

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMorten Thorhauge
BoardTonni Bülow-NielsenCurrent
BoardSøren IsaksenCurrent
BoardRune Bro RoinCurrent
BoardNis Isak AlstrupCurrent
BoardPatrik Olof DahlénCurrent
BoardMads Bang Jensen
BoardMorten Thorhauge
BoardCarsten Kronsbjerg Faltum
BoardCathal John Mahon
BoardLars Rønn
BoardChristian Peter Christiansen
BoardTonni Bülow-Nielsen
BoardPatrik Olof Dahlén
BoardPeter Stilund Torstensen
BoardTonni Bülow-Nielsen
BoardPatrik Olof Dahlén
BoardTonni Bülow-Nielsen
BoardPatrik Olof Dahlén
BoardMaria Juel Nomanni Kähler
BoardMads Spangaard Rasmussen
BoardJesper Liltorp Mortensen
BoardSøren Isaksen
BoardOle Kring
BoardHenrik Kähler
BoardNis Isak Alstrup
BoardNiels Henrik Findsen
BoardJacob Kildegaard Larsen
BoardJeppe Bygholm
BoardOle Kring
BoardOle Kring
BoardSøren Isaksen
BoardOliver Hvidt Grønborg
BoardOle Kring
BoardOle Kring
Owner (10%)Patrik Olof DahlénCurrent
Owner (33%)Danmarks Eksport- og InvesteringsfondCurrent
Owner (15%)Roin Equity ApSCurrent
Owner (33%)VÆKSTFONDEN
Owner (33%)ADVALIGHT HOLDING ApS
Owner (20%)Styrelsen for Forskning og Uddannelse
Owner (10%)Patrik Olof Dahlén
Owner (33%)VÆKSTFONDEN
Owner (5%)ADVALIGHT HOLDING ApS
Owner (5%)Styrelsen for Forskning og Uddannelse
Owner (5%)FAHU A/S
Owner (15%)FONDEN FOR SYDDANSK VÆKSTFREMME
Owner (5%)Uddannelses- og Forskningsstyrelsen
Owner (33%)VÆKSTFONDEN
Owner (5%)ADVALIGHT HOLDING ApS
Owner (15%)FONDEN FOR SYDDANSK VÆKSTFREMME
Owner (10%)FONDEN FOR SYDDANSK VÆKSTFREMME
Owner (5%)Patrik Olof Dahlén
Owner (10%)Patrik Olof Dahlén
Owner (0%)FONDEN FOR SYDDANSK VÆKSTFREMME
Owner (5%)Patrik Olof Dahlén
Owner (5%)CIP Holding 4 ApS
Owner (10%)Patrik Olof Dahlén
Owner (33%)VÆKSTFONDEN
Owner (5%)Roin Equity ApS
Owner (10%)Roin Equity ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorBASTVED CONSULTING ApS
AuditorKærsgaard Laursen Administration I /S
AuditorRK GODKENDT REVISIONSINTERESSENTSKAB
AuditorREVISORKOMPAGNIET GODKENDT REVISIONSANPARTSSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderADVALIGHT HOLDING ApSCurrent
FounderCAT-SYMBION INNOVATION A/SCurrent
FounderCAT SEED A/SCurrent

The CEOs' other companies

Morten Thorhauge – 2 other companies

Address history (4 moves)

Industriparken 22A, 2750 Ballerup
Brydehusvej 30, st. th, 2750 Ballerup
Fruebjergvej 3, 2100 København Ø
Diplomvej 373, 1., 2800 Kgs.Lyngby
Fysikvej 309, 2800 Kgs.Lyngby

Employees per year

Number of employees at ADVALIGHT ApS per year9172011: 620112012: 720122013: 720132014: 1020142015: 1120152016: 720162017: 1420172018: 172018

Other companies at the same address

Similar companies in Ballerup

Questions and answers about ADVALIGHT ApS

Has ADVALIGHT ApS gone bankrupt?

No, ADVALIGHT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ADVALIGHT ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of ADVALIGHT ApS?

ADVALIGHT ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was ADVALIGHT ApS founded?

ADVALIGHT ApS was founded on 28 September 2006.

What is the equity of ADVALIGHT ApS?

Equity was DKK 26.7m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.