BIOCOVER ApS

CVR 32448062 · Private limited company (ApS) · Active · Low risk

BIOCOVER ApS is a Private limited company (ApS), founded on , based in Vejen. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 16 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 234k and a net result of DKK 547k. CEO: Morten Toft.

Bankruptcy risk for BIOCOVER ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
32448062
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Morten Toft, Veerst Skovvej 6
6600 Vejen
Municipality
Vejen
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 189k
Employees
2 (2018)
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 16
Missing annual reportNo
Negative equityNo
Equity ratio85.1%
Current ratio673%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -37kDKK -16kDKK 43k
Net profitDKK 547kDKK -17kDKK -79k
EquityDKK 234kDKK -13kDKK 4,080
Total assetsDKK 275kDKK 30kDKK 77k
CashDKK 2,603DKK 576–
Short-term debtDKK 41kDKK 43k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202575
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021361 Late
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 2019251 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 201799
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 2015172
1 Jan 2014 – 31 Dec 201482
1 Jan 2013 – 31 Dec 201341
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 201165
7 Sep 2009 – 31 Dec 201039

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 ToftCurrent
CEOMorten Toft
BoardMorten ToftCurrent
BoardChristian Toft MadsenCurrent
BoardCasper Toft SørensenCurrent
BoardNiels-Jørn Rahbek
BoardMorten Toft
BoardMette Mehlsen Sørensen
BoardChristian Toft Madsen
BoardCasper Toft Sørensen
BoardMette Mehlsen Sørensen
BoardCasper Toft Sørensen
BoardKristian Glisbjerg Jakobsen
BoardCasper Toft Sørensen
BoardEllen Mølgaard Korsager
Owner (100%)BIOCOVER HOLDING A/SCurrent
Owner (100%)Morten Toft
Owner (100%)BIOCOVER HOLDING A/S
Owner (15%)MI A/S
Owner (67%)BIOCOVER HOLDING A/S
Owner (33%)MI A/S
Owner (50%)BIOCOVER HOLDING A/S
Owner (33%)Maskinhandler Indkøbsringen Holding A/S
Auditor18. juni 2024 P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMorten ToftCurrent

The CEOs' other companies

Morten Toft – 4 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Morten Toft, Veerst Skovvej 6, 6600 Vejen

Former names

BIOCOVER ApS – now
BIOCOVER A/S –

Employees per year

Number of employees at BIOCOVER ApS per year232011: 320112012: 320122013: 320132014: 320142015: 320152016: 220162017: 120172018: 22018

Other companies at the same address

Similar companies in Vejen

Questions and answers about BIOCOVER ApS

Has BIOCOVER ApS gone bankrupt?

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

What is the bankruptcy risk of BIOCOVER ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of BIOCOVER ApS?

Morten Toft is the CEO of BIOCOVER ApS.

Who is the auditor of BIOCOVER ApS?

BIOCOVER ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was BIOCOVER ApS founded?

BIOCOVER ApS was founded on 7 September 2009.

What is the equity of BIOCOVER ApS?

Equity was DKK 234k 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.