Fuse Vectors ApS

CVR 43610880 · Private limited company (ApS) · Active · Medium risk

Fuse Vectors ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 3 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 -23.7m and a net result of DKK -16.2m. CEO: Benjamin Andre Frantisek Blaha.

Bankruptcy risk for Fuse Vectors ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · 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
43610880
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Bio Innovation Institute, Ole Maaløes Vej 3
2200 København N
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 48k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-262.4%
Current ratio618%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address167
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -8.9mDKK -2.5mDKK -2.3m
Net profitDKK -16.2mDKK -9.0mDKK -5.8m
EquityDKK -23.7mDKK 775kDKK -5.2m
Total assetsDKK 9.0mDKK 20.7mDKK 4.6m
CashDKK 3.8mDKK 2.9m–
Short-term debtDKK 1.1mDKK 2.1m–
Avg. employees68–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024177
17 Oct 2022 – 31 Dec 2023213 Late

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
CEOBenjamin Andre Frantisek BlahaCurrent
CEOJordan Philip Turnbull
BoardHenrik StageCurrent
BoardJordan Philip TurnbullCurrent
BoardBenjamin Andre Frantisek BlahaCurrent
BoardAlexis Alihonou HoussouCurrent
Owner (25%)Next Stage Ventures ApSCurrent
Owner (25%)Turnbull Biotech ApSCurrent
Owner (25%)Blaha Bioscience BVCurrent
Owner (10%)HCVC Fund II S.L.P.Current
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderNext Stage Ventures ApSCurrent
FounderTurnbull Biotech ApSCurrent
FounderBlaha Bioscience BVCurrent

The CEOs' other companies

Jordan Philip Turnbull – 1 other companies

Address history (1 moves)

c/o Bio Innovation Institute, Ole Maaløes Vej 3, 2200 København N
c/o Henrik Stage, Gl Strandvej 250, 3050 Humlebæk

Other companies at the same address

Similar companies in København

Questions and answers about Fuse Vectors ApS

Has Fuse Vectors ApS gone bankrupt?

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

What is the bankruptcy risk of Fuse Vectors ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Fuse Vectors ApS?

Benjamin Andre Frantisek Blaha is the CEO of Fuse Vectors ApS.

Who is the auditor of Fuse Vectors ApS?

Fuse Vectors ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Fuse Vectors ApS founded?

Fuse Vectors ApS was founded on 17 October 2022.

What is the equity of Fuse Vectors ApS?

Equity was DKK -23.7m 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.