Algiecel A/S

CVR 42394416 · Public limited company (A/S) · Active · Low risk

Algiecel A/S is a Public limited company (A/S), founded on , based in Odense M. 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. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 29.2m and a net result of DKK -16.7m.

Bankruptcy risk for Algiecel A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
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
42394416
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Hunderupvej 89
5230 Odense M
Municipality
Odense
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 1.6m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio91.3%
Current ratio1,151%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10.8mDKK -2.8mDKK -3.5m
Net profitDKK -16.7mDKK -12.0mDKK -11.1m
EquityDKK 29.2mDKK 45.9mDKK -7.1m
Total assetsDKK 32.0mDKK 49.7mDKK 5.7m
CashDKK 24.5mDKK 46.2m–
Short-term debtDKK 2.8mDKK 3.8m–
Avg. employees1312–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024148
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022124
17 May 2021 – 31 Dec 2021150

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
CEOMartin Lavesen
CEOHenrik Busch-Larsen
BoardJeppe HøierCurrent
BoardMartin LavesenCurrent
BoardMerete Lundbye MøllerCurrent
BoardHenrik Busch-LarsenCurrent
BoardTove FeldCurrent
BoardMartin Lavesen
BoardHenrik Busch-Larsen
BoardTina Moe
Owner (5%)Danmarks Eksport- og InvesteringsfondCurrent
Owner (5%)AURELIUS LIMITEDCurrent
Owner (33%)HBL INVEST ApSCurrent
Owner (100%)MANILA INVEST ApS
Owner (100%)HBL INVEST ApS
Owner (5%)MANILA INVEST ApS
Owner (90%)HBL INVEST ApS
Owner (5%)Jeppe Høier
Owner (67%)HBL INVEST ApS
Owner (5%)E4I Impact ApS
Owner (10%)Man Trustee Jersey Limited as Trustee of the EW Davidson Settlement
Owner (10%)AURELIUS LIMITED
Owner (67%)HBL INVEST ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMANILA INVEST ApSCurrent

The CEOs' other companies

Martin Lavesen – 59 other companies, of which 9 bankrupt

Henrik Busch-Larsen – 17 other companies, of which 2 bankrupt

Address history (2 moves)

Hunderupvej 89, 5230 Odense M
Helgavej 26, 5230 Odense M
c/o DLA Piper Denmark, Oslo Plads 2, 2100 København Ø

Former names

Algiecel A/S – now
Algiecel ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about Algiecel A/S

Has Algiecel A/S gone bankrupt?

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

What is the bankruptcy risk of Algiecel A/S?

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 auditor of Algiecel A/S?

Algiecel A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Algiecel A/S founded?

Algiecel A/S was founded on 17 May 2021.

What is the equity of Algiecel A/S?

Equity was DKK 29.2m 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.