Cirqle Biomedical Holding ApS

CVR 39849585 · Private limited company (ApS) · Active · Low risk

Cirqle Biomedical Holding ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 578k and a net result of DKK -138k. CEO: Frederik Petursson Madsen, Thomas Crouzier.

Bankruptcy risk for Cirqle Biomedical Holding 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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
39849585
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Frederik Petursson Madsen, Frederiksberg Bredegade 3C, 5.
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
LPOG ApS
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio27.6%
Current ratio133%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -61kDKK -12k
Net profitDKK -138kDKK 12.9m
EquityDKK 578kDKK 716k
Total assetsDKK 2.1mDKK 1.2m
CashDKK 789k–
Short-term debtDKK 1.5m–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · LPOG ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021118
1 Jan 2020 – 31 Dec 2020118
10 Sep 2018 – 31 Dec 201994

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
CEOFrederik Petursson MadsenCurrent
CEOThomas CrouzierCurrent
Owner (50%)FREDERIK MADSEN HOLDING ApSCurrent
Owner (50%)Seatoo Holding ApSCurrent
FounderFREDERIK MADSEN HOLDING ApSCurrent
FounderSeatoo Holding ApSCurrent

The CEOs' other companies

Frederik Petursson Madsen – 4 other companies

Address history (3 moves)

c/o Frederik Petursson Madsen, Frederiksberg Bredegade 3C, 5., 2000 Frederiksberg
c/o Frederik Petursson Madsen, Frederiksberg Bredegade 3C, 5., 2000 Frederiksberg
c/o Frederik Petursson Madsen, Sorgenfrigade 8, 2. tv, 2200 København N
Fiolstræde 7, 4., 1171 København K

Former names

Cirqle Biomedical Holding ApS – now
Circle Biomedical Holding ApS –
Circle Biomedical Holding IVS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Cirqle Biomedical Holding ApS

Has Cirqle Biomedical Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Cirqle Biomedical Holding 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 Cirqle Biomedical Holding ApS?

Frederik Petursson Madsen, Thomas Crouzier are the CEOs of Cirqle Biomedical Holding ApS.

Who is the auditor of Cirqle Biomedical Holding ApS?

Cirqle Biomedical Holding ApS most recently used LPOG ApS.

When was Cirqle Biomedical Holding ApS founded?

Cirqle Biomedical Holding ApS was founded on 10 September 2018.

What is the equity of Cirqle Biomedical Holding ApS?

Equity was DKK 578k 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.