Bico Concept A/S

CVR 39012480 · Public limited company (A/S) · Active · Very high risk

Bico Concept A/S is a Public limited company (A/S), founded on , based in Køge. The company is registered in the industry andet specialiseret designarbejde. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 9 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -40k and a net result of DKK -158k. CEO: Dag Rune Løvfeldt.

Bankruptcy risk for Bico Concept A/S

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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 since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · 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
39012480
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Egøjevej 114B
4600 Køge
Municipality
Køge
Industry
Andet specialiseret designarbejde (741400)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-1,534.7%
Current ratio6%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address10
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 3,848DKK -94kDKK 723k
Net profitDKK -158kDKK -619kDKK -693k
EquityDKK -40kDKK 118kDKK 737k
Total assetsDKK 2,611DKK 139kDKK 983k
CashDKK 2,611DKK 122k–
Short-term debtDKK 43kDKK 21k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 202362
1 Jan 2022 – 31 Dec 202288
1 Jan 2021 – 31 Dec 202154
1 Jan 2020 – 31 Dec 202050
1 Jan 2019 – 31 Dec 201984
1 Jan 2018 – 31 Dec 201878
12 Oct 2017 – 31 Dec 2017106

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
CEODag Rune LøvfeldtCurrent
CEOMartin Romme Larsen
CEOLars Christiansen
BoardMarkus NilsenCurrent
BoardKnut Harald NilsenCurrent
BoardDag Rune LøvfeldtCurrent
BoardMagnus Grønningsæter Aglen
BoardAksel Martin Andersen
BoardReidar Dahlmann
BoardØystein Liene
BoardMagnus Grønningsæter Aglen
BoardAksel Martin Andersen
BoardMartin Romme Larsen
BoardEirik Frantzen
Owner (100%)Håndværk Holding A/SCurrent
Owner (100%)Bico Bygg og Innredning AS
Owner (67%)Bris Invest AS
Owner (25%)Provato AS
Owner (100%)Bris Invest AS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorRL Registreret Revisionsaktieselskab
AuditorRL af 1/7 2020 P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderBico Bygg og Innredning ASCurrent

The CEOs' other companies

Martin Romme Larsen – 1 other companies

Lars Christiansen – 29 other companies, of which 5 bankrupt

Address history (2 moves)

Egøjevej 114B, 4600 Køge
Amager Strandvej 390, 2770 Kastrup
Kullegårdsvej 2, 4780 Stege

Former names

Bico Concept A/S – now
Selskab 2 af den 15. september 2025 A/S –
Bico Concept A/S –
Bico Consept A/S –

Employees per year

Number of employees at Bico Concept A/S per year122017: 120172018: 22018

Other companies at the same address

Similar companies in Køge

Questions and answers about Bico Concept A/S

Has Bico Concept A/S gone bankrupt?

No, Bico Concept A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Bico Concept A/S?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Bico Concept A/S?

Dag Rune Løvfeldt is the CEO of Bico Concept A/S.

Who is the auditor of Bico Concept A/S?

Bico Concept A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Bico Concept A/S founded?

Bico Concept A/S was founded on 12 October 2017.

What is the equity of Bico Concept A/S?

Equity was DKK -40k 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.