Incipiam Pharma ApS

CVR 44074214 · Private limited company (ApS) · Active · Medium risk

Incipiam Pharma ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -1.9m and a net result of DKK -1.8m.

Bankruptcy risk for Incipiam Pharma ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
44074214
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o H. Lundbeck A/S, Ottiliavej 9
2500 Valby
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 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-22.2%
Current ratio397%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.2mDKK -98k
Net profitDKK -1.8mDKK -128k
EquityDKK -1.9mDKK -101k
Total assetsDKK 8.8mDKK 4.5m
CashDKK 8.2m–
Short-term debtDKK 2.2m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025181
23 May 2023 – 31 Dec 2023166

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
Owner (20%)MTC 2008 HOLDING ApSCurrent
Owner (20%)CTH Holding Invest ApSCurrent
Owner (20%)Bondo Hansen Holding ApSCurrent
Owner (20%)Gerhart-Hines Holding ApSCurrent
Owner (10%)Receptor Holding ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderCTH Holding Invest ApSCurrent

Address history (2 moves)

c/o H. Lundbeck A/S, Ottiliavej 9, 2500 Valby
c/o BII, Ole Maaløes Vej 3, 2200 København N
c/o Jusmedico Advokatanpartsselskab, Teknikerbyen 5, 2., 2830 Virum

Other companies at the same address

Similar companies in København

Questions and answers about Incipiam Pharma ApS

Has Incipiam Pharma ApS gone bankrupt?

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

What is the bankruptcy risk of Incipiam Pharma ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of Incipiam Pharma ApS?

Incipiam Pharma ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Incipiam Pharma ApS founded?

Incipiam Pharma ApS was founded on 23 May 2023.

What is the equity of Incipiam Pharma ApS?

Equity was DKK -1.9m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.