BioCirc Favrskov Biogas ApS

CVR 36436557 · Private limited company (ApS) · Active · Low risk

BioCirc Favrskov Biogas ApS is a Private limited company (ApS), founded on , based in Hammel. The company is registered in the industry produktion af gas. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 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 -19.7m and a net result of DKK -22.6m. CEO: Massimo Forti, Brian Madsen.

Bankruptcy risk for BioCirc Favrskov Biogas ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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×
Audit opted outNo · 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
36436557
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Fuglsangvej 100
8450 Hammel
Municipality
Favrskov
Industry
Produktion af gas (352100)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 100k
Employees
9 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-14.1%
Current ratio64%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -11.1mDKK 13.7m
Net profitDKK -22.6mDKK -1.9m
EquityDKK -19.7mDKK 2.9m
Total assetsDKK 140.2mDKK 165.2m
Short-term debtDKK 73.1m–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016150
6 Nov 2014 – 31 Dec 2015151

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
CEOMassimo FortiCurrent
CEOBrian MadsenCurrent
CEOBendt Tido Hannibal Wedell
CEOKenneth Sørensen
CEOKarsten Bo Sørensen
BoardAsbjørn Børsting
BoardMichael Kruse Bak
BoardBendt Tido Hannibal Wedell
BoardLena Løwe Sørensen
BoardAsbjørn Børsting
BoardLena Løwe Sørensen
Owner (100%)BioCirc Favrskov Go Green ApSCurrent
Owner (100%)WEFRI A/S
Owner (50%)WEFRI A/S
Owner (50%)DCC Biogas Holding A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderWEFRI A/SCurrent

The CEOs' other companies

Massimo Forti – 22 other companies

Bendt Tido Hannibal Wedell – 51 other companies, of which 1 bankrupt

Kenneth Sørensen – 23 other companies, of which 2 bankrupt

Karsten Bo Sørensen – 1 other companies

Address history (1 moves)

Fuglsangvej 100, 8450 Hammel
Ny Kongensgade 1, 1472 København K

Former names

BioCirc Favrskov Biogas ApS – now
VICUS Biogas ApS –
VICUS B ApS –

Employees per year

Number of employees at BioCirc Favrskov Biogas ApS per year592016: 320162017: 020172018: 92018

Other companies at the same address

Similar companies in Favrskov

Questions and answers about BioCirc Favrskov Biogas ApS

Has BioCirc Favrskov Biogas ApS gone bankrupt?

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

What is the bankruptcy risk of BioCirc Favrskov Biogas ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of BioCirc Favrskov Biogas ApS?

Massimo Forti, Brian Madsen are the CEOs of BioCirc Favrskov Biogas ApS.

Who is the auditor of BioCirc Favrskov Biogas ApS?

BioCirc Favrskov Biogas ApS most recently used EY Godkendt Revisionspartnerselskab.

When was BioCirc Favrskov Biogas ApS founded?

BioCirc Favrskov Biogas ApS was founded on 6 November 2014.

What is the equity of BioCirc Favrskov Biogas ApS?

Equity was DKK -19.7m 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.