BIOFUEL TECHNOLOGY A/S
CVR 33372043 · Public limited company (A/S) · Active · Very high risk
BIOFUEL TECHNOLOGY A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 times the average for Danish companies. 15 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -2.2m and a net result of DKK -2.3m. CEO: Mikkel Sjølin Kiil.
Bankruptcy risk for BIOFUEL TECHNOLOGY A/S
12.6%
probability of bankruptcy within 12 months
Very high risk
9.0 × the average (1.41%) · higher risk than 98% of active Danish companies
Lowest riskHighest risk
Increases the risk
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Reduces the risk
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
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
- 33372043
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (15 years)
- Address
- c/o Green2x A/S, Strandvejen 125
2900 Hellerup - Municipality
- København
- Industry
- Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder - Share capital
- DKK 500k
- Employees
- 0 (2018)
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 15 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -291.6% |
| Current ratio | 23% |
| Moves (last 2 years) | 2 |
| CEO changes in total | 6 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 114 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -503k | DKK 2.4m |
| Net profit | DKK -2.3m | DKK -977k |
| Equity | DKK -2.2m | DKK 169k |
| Total assets | DKK 739k | DKK 1.6m |
| Cash | DKK 4,380 | – |
| Short-term debt | DKK 2.9m | – |
| Avg. employees | 3 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 161 | ||
| 1 Jul 2023 – 30 Jun 2024 | 173 | ||
| 1 Jul 2022 – 30 Jun 2023 | 168 | ||
| 1 Jul 2021 – 30 Jun 2022 | 174 | ||
| 1 Jul 2020 – 30 Jun 2021 | 163 | ||
| 1 Jul 2019 – 30 Jun 2020 | 167 | ||
| 1 Jul 2018 – 30 Jun 2019 | 165 | ||
| 1 Jul 2017 – 30 Jun 2018 | 139 | ||
| 1 Jul 2016 – 30 Jun 2017 | 167 | ||
| 1 Jul 2015 – 30 Jun 2016 | 165 | ||
| 1 Jul 2014 – 30 Jun 2015 | 157 | ||
| 1 Jul 2013 – 30 Jun 2014 | 164 | ||
| 1 Jul 2012 – 30 Jun 2013 | 157 | ||
| 1 Jul 2011 – 30 Jun 2012 | 168 | ||
| 17 Dec 2010 – 30 Jun 2011 | 171 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mikkel Sjølin Kiil | Current | |
| CEO | Ole Kjærgård | ||
| CEO | Torben Andreas Bonde | ||
| CEO | Jian Ge | ||
| Board | Allan Bødskov Andersen | Current | |
| Board | Jakob Møller Jensen | Current | |
| Board | Jesper Bruun Jørgensen Ørnskov | Current | |
| Board | Andreas Michael Thornit | Current | |
| Board | Sivert Vist | Current | |
| Board | Søren Frandsen | ||
| Board | Mogens Juhl Føns | ||
| Board | Torben Andreas Bonde | ||
| Board | Lene Kjeldsen | ||
| Board | Carsten Palsgaard Gorritzen | ||
| Board | Jian Ge | ||
| Board | Björn Michael Wiegert | ||
| Owner (100%) | Green2x Holding ApS | Current | |
| Owner (33%) | FØNS COMPANIES ApS | ||
| Owner (50%) | TAB HOLDING ApS | ||
| Owner (90%) | TAB HOLDING ApS | ||
| Owner (10%) | Jian Ge | ||
| Owner (100%) | TAB HOLDING ApS | ||
| Auditor | REVISIONSFIRMAET PER KRONBORG REGISTRERET REVISIONSANPARTSSELSKAB | ||
| Auditor | Kvist & Jensen SR, Randers A/S | ||
| Auditor | Kvist & Jensen Statsautoriseret Revisionspartnerselskab | ||
| Auditor | Kvist & Jensen Statsautoriseret Revisionspartnerselskab | ||
| Auditor | Grant Thornton, Godkendt Revisionspartnerselskab | ||
| Founder | FUGLESANGSVEJ 20 ApS | Current |
The CEOs' other companies
Mikkel Sjølin Kiil – 5 other companies
- Biofuel Technology Holding ApS Active
- DONG ENERGY EL & GAS A/S Fusioneret
- Green2x Holding ApS Active
- Kiil Consulting ApS Active
- MISTI ApS Opløst
Ole Kjærgård – 35 other companies, of which 28 bankrupt
- ARCTIC IN - RET ApS Bankrupt 27 Jun 1997
- Arresø Bakke 2 A/S Bankrupt 14 Mar 2024
- Arresø Bakke Holding 2 A/S Bankrupt 14 Mar 2024
- BIOFUEL TECHNOLOGY A/S Bankrupt 7 Dec 2010
- BYG-BO ApS Bankrupt 13 Dec 2006
- BYGGESELSKABET AF 1. MAJ 2013 ApS Bankrupt 29 Nov 2013
- BYGMESTER FALK ApS Bankrupt 22 Dec 2006
- Borgenhus Bolig ApS Bankrupt 5 Dec 2024
- Borgenhus El & Teknik A/S Bankrupt 14 Feb 2024
- BÆKKESKOV BYG ApS Bankrupt 26 Mar 2003
- BÆKKESKOV ENTREPRISE ApS Bankrupt 11 Feb 2003
- BÆKKESKOV GRUPPEN A/S Bankrupt 7 May 2009
- BÆKKESKOV INSTALLATION A/S Bankrupt 15 Oct 2009
- DANCOTAG TAGENTREPRISE ApS Bankrupt 5 Apr 2001
- DANIA EJENDOMME ApS Bankrupt 31 Jan 2012
- DET NY PALADS ApS Bankrupt 2 Mar 1993
- DIGITAL CINEMA NETWORK ApS Bankrupt 1 Oct 2007
- DRIFTSSELSKABET AF 1/1 2006 ApS Bankrupt 25 Jun 2009
- Entreprenørselskabet Nordsjælland A/S Bankrupt 18 Dec 2023
- FUGLESANGSVEJ 20 ApS Bankrupt 5 Jul 2019
- KJÆRGÅRD HUSET A/S Bankrupt 18 Dec 1997
- KJÆRGÅRD TRADING ApS Bankrupt 24 Jan 2018
- NL-TAG ApS Bankrupt 26 Mar 2003
- NUUKOLIT ApS Bankrupt 2 Mar 1993
- OLE KJÆRGAARD TØRERFIRMA ApS Bankrupt 1 Feb 1993
- SCANLAT INTERNATIONAL ApS Bankrupt 7 Oct 1993
- XXX AF 3. MARTS 2009 ApS Bankrupt 26 May 2009
- ÆÆÆ AF 3. MARTS 2009 ApS Bankrupt 20 Nov 2009
- AQUA UNITED ApS Compulsorily dissolved
- H5 Housing A/S Active
Torben Andreas Bonde – 14 other companies, of which 2 bankrupt
- BIOFUEL TECHNOLOGY A/S Bankrupt 7 Dec 2010
- GREEN FARM ENERGY A/S Bankrupt 30 Jun 2004
- BIOFUEL DENMARK ApS Active
- Biofuel Technology Global ApS Active
- Biofuel Technology Holding ApS Active
- Biofuel Technology Stigsnaes ApS Active
- Eususo-Denmark ApS Active
- GREEN2X A/S Active
- Green2x Holding ApS Active
- Grenaa Bioraffinaderi ApS Active
- JIANYE BIO-ENERGY Denmark R&D ApS Compulsorily dissolved
- KINETIC BIOFUEL A/S Active
- TAB HOLDING ApS Active
- TORBEN BONDE HOLDING ApS Compulsorily dissolved
Jian Ge – 4 other companies, of which 1 bankrupt
- Skive Sushi ApS Bankrupt 2 Oct 2023
- Biofuel Technology Holding ApS Active
- Corriger ApS Active
- NORDIC RENEWABLE ENERGY ApS Opløst
Address history (5 moves)
| c/o Green2x A/S, Strandvejen 125, 2900 Hellerup | |
| Strandvejen 125, 2900 Hellerup | |
| c/o Torben Andreas Bonde, Bredkær Parkvej 58, 8250 Egå | |
| Sjællandsvej 9, 9500 Hobro | |
| Tøjhushavevej 2, 8900 Randers C | |
| c/o Ole Kjærgård, Husebyvej 19, 3200 Helsinge |
Former names
| BIOFUEL TECHNOLOGY A/S | – now |
| BIOFUELTECNOLOGY ApS | – |
Employees per year
Other companies at the same address
- E & S - Consult IVS Bankrupt
- Redline Media Group ApS Bankrupt
- VIA Telegroup Danmark ApS Bankrupt
- AL Copenhagen A/S Active
- AP Management ApS Active
- AarhusGeoSoftware ApS Opløst
- Administrationsselskabet i "Buen" ApS Active
- Andersen & Friends Holding ApS Active
- BAKKEDAL INVEST ApS Opløst
- BESTYRELSESPOSTEN ApS Opløst
- BIOGEN (DENMARK) A/S Active
- Biofuel Technology Holding ApS Active
- Borderless Denmark Holdings ApS Active
- CAPNORDIC HOLDING ApS Active
- CKIT HOLDING ApS Active
- CKIT Software ApS Opløst
- COHAMI HOLDING ApS Opløst
- CREDITSAFE DENMARK ApS Active
- Clarify Commerce ApS Active
- Classic Maritime ApS Active
- CoreWeave SVL01 ApS Active
- Crone Burmeister Adv. ApS Active
- CyberOne ApS Active
- Dansk Demetra ApS Active
- Davy DebtCo ApS Active
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Questions and answers about BIOFUEL TECHNOLOGY A/S
Has BIOFUEL TECHNOLOGY A/S gone bankrupt?
No, BIOFUEL TECHNOLOGY A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of BIOFUEL TECHNOLOGY A/S?
Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.
Who is the CEO of BIOFUEL TECHNOLOGY A/S?
Mikkel Sjølin Kiil is the CEO of BIOFUEL TECHNOLOGY A/S.
Who is the auditor of BIOFUEL TECHNOLOGY A/S?
BIOFUEL TECHNOLOGY A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.
When was BIOFUEL TECHNOLOGY A/S founded?
BIOFUEL TECHNOLOGY A/S was founded on 17 December 2010.
What is the equity of BIOFUEL TECHNOLOGY A/S?
Equity was DKK -2.2m according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.