BioCirc Carbon & Renewables ApS

CVR 44747987 · Private limited company (ApS) · Active · Low risk

BioCirc Carbon & Renewables ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry anden handel med elektricitet. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 2 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 24.2m and a net result of DKK 21.3m. CEO: Kenneth Christian Hansen, Mikkel Kynde.

Bankruptcy risk for BioCirc Carbon & Renewables ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
44747987
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Maigaard & Molbech ApS, Amaliegade 22, 1.
1256 København K
Municipality
København
Industry
Anden handel med elektricitet (351590)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio7.5%
Current ratio108%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address218
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 25.2mDKK 3.6m
Net profitDKK 21.3mDKK 2.8m
EquityDKK 24.2mDKK 2.8m
Total assetsDKK 321.8mDKK 86.2m
CashDKK 16.4m–
Short-term debtDKK 297.7m–
Avg. employees1–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
4 Apr 2024 – 31 Dec 2024188 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
CEOKenneth Christian HansenCurrent
CEOMikkel KyndeCurrent
CEOAnders Christian Nordstrøm
Owner (100%)BioCirc Trading ApSCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderBioCirc Trading ApSCurrent

The CEOs' other companies

Kenneth Christian Hansen – 26 other companies

Mikkel Kynde – 2 other companies

Anders Christian Nordstrøm – 15 other companies

Address history (0 moves)

c/o Maigaard & Molbech ApS, Amaliegade 22, 1., 1256 København K

Other companies at the same address

Similar companies in København

Questions and answers about BioCirc Carbon & Renewables ApS

Has BioCirc Carbon & Renewables ApS gone bankrupt?

No, BioCirc Carbon & Renewables ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BioCirc Carbon & Renewables ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BioCirc Carbon & Renewables ApS?

Kenneth Christian Hansen, Mikkel Kynde are the CEOs of BioCirc Carbon & Renewables ApS.

Who is the auditor of BioCirc Carbon & Renewables ApS?

BioCirc Carbon & Renewables ApS most recently used EY Godkendt Revisionspartnerselskab.

When was BioCirc Carbon & Renewables ApS founded?

BioCirc Carbon & Renewables ApS was founded on 4 April 2024.

What is the equity of BioCirc Carbon & Renewables ApS?

Equity was DKK 24.2m 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.