ASTION PHARMA A/S
CVR 34224781 · Public limited company (A/S) · Active · Medium risk
ASTION PHARMA A/S is a Public limited company (A/S), founded on , based in Vissenbjerg. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -6.0m and a net result of DKK -165k. CEO: Torben Rønje.
Bankruptcy risk for ASTION PHARMA A/S
1.4%
probability of bankruptcy within 12 months
Medium risk
1.0 × the average (1.41%) · higher risk than 75% of active Danish companies
Lowest riskHighest risk
Increases the risk
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Reduces the risk
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
- 34224781
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (14 years)
- Address
- Trævænget 14
5492 Vissenbjerg - Municipality
- Assens
- Industry
- Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 500k
- Employees
- 0 (2017)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 14 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -760.1% |
| Current ratio | 11% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 10 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -18k | DKK -116k |
| Net profit | DKK -165k | DKK -246k |
| Equity | DKK -6.0m | DKK -5.8m |
| Total assets | DKK 783k | DKK 3.0m |
| Cash | DKK 244k | – |
| Short-term debt | DKK 6.1m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 47 | ||
| 1 Jan 2024 – 31 Dec 2024 | 125 | ||
| 1 Jan 2023 – 31 Dec 2023 | 151 | ||
| 1 Jan 2022 – 31 Dec 2022 | 163 | ||
| 1 Jan 2021 – 31 Dec 2021 | 124 | ||
| 1 Jan 2020 – 31 Dec 2020 | 90 | ||
| 1 Jan 2019 – 31 Dec 2019 | 98 | ||
| 1 Jan 2018 – 31 Dec 2018 | 164 | ||
| 1 Jan 2017 – 31 Dec 2017 | 69 | ||
| 1 Jan 2016 – 31 Dec 2016 | 73 | ||
| 1 Jan 2015 – 31 Dec 2015 | 153 | ||
| 1 Jan 2014 – 31 Dec 2014 | 159 | ||
| 1 Jan 2013 – 31 Dec 2013 | 176 | ||
| 27 Jan 2012 – 31 Dec 2012 | 122 |
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 | Torben Rønje | Current | |
| CEO | Morten Weidner | ||
| CEO | Morten Just Petersen | ||
| CEO | Jens Heimburger | ||
| CEO | Morten Bo Madsen | ||
| CEO | Jan Kruse Hansen | ||
| Board | Torben Rønje | Current | |
| Board | Ib Henrik Rønje | Current | |
| Board | Henrik Grønfeldt-Sørensen | Current | |
| Board | Torben Rønje | ||
| Board | Jens Heimburger | ||
| Board | Morten Weidner | ||
| Board | Flemming Ørnskov | ||
| Board | Søren Fjelrad Andersen | ||
| Board | Torben Rønje | ||
| Board | Torben Holger Schultz | ||
| Board | Ib Henrik Rønje | ||
| Owner (100%) | KAPITALFORMIDLINGS INSTITUTTET A/S | Current | |
| Owner (50%) | KAPITALFORMIDLINGS INSTITUTTET A/S | ||
| Owner (33%) | NOITSA ApS | ||
| Owner (67%) | KAPITALFORMIDLINGS INSTITUTTET A/S | ||
| Owner (10%) | NOITSA ApS | ||
| Owner (50%) | KAPITALFORMIDLINGS INSTITUTTET A/S | ||
| Owner (5%) | Dansk Generationsskifte A/S | ||
| Owner (10%) | MFCM ApS | ||
| Owner (10%) | JAKH Holding IVS | ||
| Owner (50%) | KAPITALFORMIDLINGS INSTITUTTET A/S | ||
| Owner (10%) | NOITSA ApS | ||
| Owner (5%) | Dansk Generationsskifte A/S | ||
| Owner (10%) | ØSTERBY & KRUSE ApS | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | HENRIKSHOLM A/S | Current |
The CEOs' other companies
Torben Rønje – 47 other companies, of which 10 bankrupt
- AFVIKLINGSSELSKABET AF 23. JULI 2003 A/S Bankrupt 8 Sep 2003
- HANDELSSELSKABET GYDEVANG A/S Bankrupt 11 Sep 1996
- JENS JOHANSEN PROCESAUTOMATIK A/S Bankrupt 27 Nov 1991
- M-2010 A/S Bankrupt 22 Dec 2010
- OXFORD GROUP A/S Bankrupt 11 Oct 2023
- OXFORD RESEARCH A/S Bankrupt 23 Jun 2023
- SG NORD HOLDING A/S Bankrupt 6 Jan 2014
- SJÆLSØ DANMARK A/S Bankrupt 16 Aug 2013
- SJÆLSØ GRUPPEN A/S Bankrupt 16 Aug 2013
- STENSHOLM INVEST A/S Bankrupt 22 Feb 2011
- A/S STAKTOFTEN 22 Active
- ABC Invest ApS Fusioneret
- ABC Invest II ApS Active
- ASTION DERMATOLOGY A/S Fusioneret
- ASTION DEVELOPMENT A/S Fusioneret
- Aktieselskabet af 1.9.2021 Active
- ApS ALLERØD BUTIKSTORV Opløst
- ApS ERHVERVSPARKEN I Active
- ApS HASSEL 14-16 Active
- ApS HASSELLUNDEN Opløst
- ApS HOVEDGADEN ALLERØD Opløst
- ApS HVKMD 5 NR. 207 Fusioneret
- ApS HØRSHAVN Opløst
- ApS INVESTERINGSSELSKABET BARONIET, HORNBÆK Fusioneret
- ApS JYDEKROGEN 8-10 Opløst
- ApS LANGEDAM Opløst
- ApS LÆHEGNET 71 Fusioneret
- ApS TOBAKSVEJEN 12-14 Opløst
- ApS ULVEVEJ 23 Opløst
- ApS. KNUD BRO ALLE 5-7 Opløst
Morten Weidner – 20 other companies, of which 3 bankrupt
- Asiros Nordic A/S Bankrupt 3 Sep 2024
- BSP PHARMA A/S Bankrupt 13 Jul 2010
- NASCENT ApS Bankrupt 10 Oct 2008
- ASTION DANMARK A/S Fusioneret
- ASTION DERMATOLOGY A/S Fusioneret
- ASTION DEVELOPMENT A/S Fusioneret
- ASTION HOLDING A/S Fusioneret
- ASTION INFLAMMATION ApS Fusioneret
- BIO-OPTIMAL ApS Compulsorily dissolved
- CASSIOPEIA ApS Fusioneret
- Cerexia ApS Active
- ENDOX ApS Active
- HENRIKSHOLM A/S Active
- IDA ROYALTY ApS Opløst
- INSTITUT FOR DROGEANALYSE A/S Opløst
- NENSIUS RESEARCH ApS Active
- Ostexia ApS Active
- Selectedbotanicals A/S Active
- Vitexia ApS Active
- Zentexia Group ApS Active
Morten Just Petersen – 4 other companies
- J.J.P. FINANS A/S Fusioneret
- JJP A/S Fusioneret
- JJP2 ApS Opløst
- MJPharma ApS Opløst
Jens Heimburger – 53 other companies, of which 27 bankrupt
- AAGAARD/KRANZ & ZIEGLER A/S Bankrupt 31 Jan 2018
- AKTIESELSKABET AF 12. SEPTEMBER 2011 Bankrupt 21 Sep 2011
- AKTIESELSKABET AF DECEMBER 2010 Bankrupt 15 Dec 2010
- AKZ INVEST ApS Bankrupt 31 Jan 2018
- COX COPENHAGEN A/S Bankrupt 18 Mar 2013
- DAGMBH ApS Bankrupt 4 Apr 2019
- DAMEBEKLÆDNING 1 HERNING A/S Bankrupt 19 Mar 2014
- FALCON LIFTS A/S Bankrupt 16 Dec 2024
- HO AMBER ApS Bankrupt 22 Jul 2020
- HO AMBER HOLDING A/S Bankrupt 22 Jul 2020
- HOUSE OF AMBER INVEST A/S Bankrupt 22 Jul 2020
- I SAY RETAIL A/S Bankrupt 28 May 2008
- M2 A/S Bankrupt 23 Jun 2009
- M2 ANNISSE BAKKER A/S Bankrupt 24 Apr 2009
- M2 FRITID A/S Bankrupt 23 Dec 2009
- M2 GOLF A/S Bankrupt 10 May 2010
- M2 KALØVIG PARKEN A/S Bankrupt 23 Dec 2009
- M2 PROJECT MANAGEMENT A/S Bankrupt 23 Dec 2009
- MHA 268268 A/S Bankrupt 3 Oct 2011
- MHA 268348 A/S Bankrupt 18 Nov 2011
- PRIESS INVEST A/S Bankrupt 11 Jul 2011
- RAVFEHRN INVEST A/S Bankrupt 9 Dec 2009
- SELSKABET AF 12. DEC. 03 A/S Bankrupt 15 Jul 2010
- SERVICEMIND ApS Bankrupt 3 Aug 2018
- TCA Invest ApS Bankrupt 27 Mar 2026
- WAVEPLANE A/S Bankrupt 27 May 2011
- WORLDMANUALS.COM A/S Bankrupt 11 Mar 2002
- A & H KONSULENT HOLDING ApS Opløst
- A-VENTURE A/S Opløst
- ABC Invest ApS Fusioneret
Morten Bo Madsen – 10 other companies
- ABC Invest ApS Fusioneret
- ABC Invest II ApS Active
- AUSTRALIAN BODYCARE CONTINENTAL 2012 ApS Active
- Ecooking ApS Fusioneret
- MFCM ApS Active
- Nature Bidco ApS Active
- Nature Holdco ApS Active
- Nupo ApS Active
- Terzo Beauty ApS Fusioneret
- Terzo D Holdco ApS Fusioneret
Jan Kruse Hansen – 12 other companies
- ABC Invest ApS Fusioneret
- ABC Invest II ApS Active
- AUSTRALIAN BODYCARE CONTINENTAL 2012 ApS Active
- Ecooking ApS Fusioneret
- JAKH Holding IVS Opløst
- JENSENS FOODS A/S Active
- Nature Bidco ApS Active
- Nature Holdco ApS Active
- ORIFARM GROUP A/S Active
- Terzo Beauty ApS Fusioneret
- Terzo D Holdco ApS Fusioneret
- ØSTERBY & KRUSE ApS Active
Address history (2 moves)
| Trævænget 14, 5492 Vissenbjerg | |
| Literbuen 11, 2740 Skovlunde | |
| Fruebjergvej 3, 2100 København Ø |
Former names
| ASTION PHARMA A/S | – now |
| AP NEWCO A/S | – |
Employees per year
Other companies at the same address
- AUSTRALIAN BODYCARE CONTINENTAL A/S Bankrupt
- AUSTRALIAN BODYCARE CONTINENTAL 2012 ApS Active
- DERMACOS A/S Compulsorily dissolved
- Ecooking ApS Fusioneret
- Nature Bidco ApS Active
- Nature Holdco ApS Active
- SBJ HOLDING ApS Opløst
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Questions and answers about ASTION PHARMA A/S
Has ASTION PHARMA A/S gone bankrupt?
No, ASTION PHARMA A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of ASTION PHARMA A/S?
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 CEO of ASTION PHARMA A/S?
Torben Rønje is the CEO of ASTION PHARMA A/S.
Who is the auditor of ASTION PHARMA A/S?
ASTION PHARMA A/S most recently used EY Godkendt Revisionspartnerselskab.
When was ASTION PHARMA A/S founded?
ASTION PHARMA A/S was founded on 27 January 2012.
What is the equity of ASTION PHARMA A/S?
Equity was DKK -6.0m 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.