CATHVISION ApS

CVR 35205500 · Private limited company (ApS) · Active · Low risk

CATHVISION ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 13 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 80.1m and a net result of DKK -36.1m. CEO: Allan Renneberg Gersfelt-Larsen.

Bankruptcy risk for CATHVISION ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
35205500
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Lygten 37
2400 København NV
Municipality
København
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 1.0m
Employees
3 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityNo
Equity ratio78.6%
Current ratio226%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -13.5mDKK -12.5mDKK -15.0m
Net profitDKK -36.1mDKK -38.8mDKK -36.8m
EquityDKK 80.1mDKK 89.0mDKK 84.3m
Total assetsDKK 101.9mDKK 105.5mDKK 107.1m
CashDKK 13.5mDKK 12.7m–
Short-term debtDKK 8.0mDKK 13.7m–
Avg. employees1320–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018158
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014153
25 Mar 2013 – 31 Dec 2013176

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
CEOAllan Renneberg Gersfelt-LarsenCurrent
CEOMads Emil Matthiesen
CEORune Justesen Ørndrup
BoardTonni Bülow-NielsenCurrent
BoardDenis GestinCurrent
BoardMEGHNA GUPTA EICHELBERGERCurrent
BoardMatthieu BocquetCurrent
BoardWendy Uyen DittmerCurrent
BoardEric Francois Yves ThepautCurrent
BoardThor Jespersen
BoardMads Emil Matthiesen
BoardSteen Palle Petersen
BoardLene Gerlach
BoardMagnus Holm
BoardTonni Bülow-Nielsen
BoardTonni Bülow-Nielsen
BoardSteen Palle Petersen
BoardSøren Thestrup Nielsen
BoardThor Jespersen
BoardMagnus Holm
Owner (5%)Healthcare Ventures ApSCurrent
Owner (25%)Danmarks Eksport- og InvesteringsfondCurrent
Owner (33%)Grac Société SimpleCurrent
Owner (5%)BOREAN INNOVATION A/S
Owner (50%)Healthcare Ventures ApS
Owner (5%)RJOE INVEST ApS
Owner (25%)Uddannelses- og Forskningsstyrelsen
Owner (20%)VÆKSTFONDEN
Owner (10%)Uddannelses- og Forskningsstyrelsen
Owner (33%)VÆKSTFONDEN
Owner (20%)Grac Société Simple
Owner (5%)Nordic Secondary Fund I P/S
Owner (33%)Grac Société Simple
Owner (33%)Danmarks Eksport- og Investeringsfond
Owner (33%)Grac Société Simple
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLasse Emil Holmegaard KorffCurrent
FounderMads Emil MatthiesenCurrent
FounderRune Tore Mondadori PaamandCurrent
FounderRune Justesen ØrndrupCurrent

The CEOs' other companies

Mads Emil Matthiesen – 3 other companies, of which 1 bankrupt

Rune Justesen Ørndrup – 1 other companies

Address history (4 moves)

Lygten 37, 2400 København NV
Titangade 11, 2200 København N
Ole Maaløes Vej 3, 2200 København N
Reventlowsgade 10, 1. th, 1651 København V
Howitzvej 60, 1., 2000 Frederiksberg

Employees per year

Number of employees at CATHVISION ApS per year242014: 220142015: 320152016: 220162017: 420172018: 32018

Other companies at the same address

Similar companies in København

Questions and answers about CATHVISION ApS

Has CATHVISION ApS gone bankrupt?

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

What is the bankruptcy risk of CATHVISION ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of CATHVISION ApS?

Allan Renneberg Gersfelt-Larsen is the CEO of CATHVISION ApS.

Who is the auditor of CATHVISION ApS?

CATHVISION ApS most recently used EY Godkendt Revisionspartnerselskab.

When was CATHVISION ApS founded?

CATHVISION ApS was founded on 25 March 2013.

What is the equity of CATHVISION ApS?

Equity was DKK 80.1m 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.