---
title: "BRAINREADER A/S – CVR 33864884, financials and ownership"
description: "BRAINREADER A/S (CVR 33864884). Active · Forskning og eksperimentel udvikling inden for naturvidenskab og teknik · Aalborg Øst. 2 employees (CVR). Gross profit -1.2M DKK (2025)."
canonical_url: "https://datapublica.dk/en/companies/33864884-brainreader-a-s"
locale: "en"
route_type: "company_overview"
robots: "index,follow"
---

# BRAINREADER A/S

BRAINREADER A/S \(CVR 33864884\). Active · Forskning og eksperimentel udvikling inden for naturvidenskab og teknik · Aalborg Øst. 2 employees \(CVR\). Gross profit -1.2M DKK \(2025\).

CVR number: 33864884

## Company details

- **CVR number:** 33864884

- **Status:** Aktiv

- **Address:** Niels Jernes Vej 10, 9220, Aalborg Øst

- **Legal form:** Aktieselskab \(A/S\)

- **Founded:** Jul 21, 2011

- **Employees \(CVR\):** 2

- **Production units:** 2

## Description

The Company’s primary activities consist of developing and commercialising medical image processing software which is able to analyse MR scans of the brain and assess degeneration of brain structures. The customers are radiology departments at public and private hospitals as well as private scanning clinics.

## Activities and industry

- Forskning og eksperimentel udvikling inden for naturvidenskab og teknik

- 721000 — Forskning og eksperimentel udvikling inden for naturvidenskab og teknik

## Latest financial period

- **Reporting period:** 2025

- **Currency:** DKK

- **Gross profit:** -1,174,063

- **Operating profit:** -4,157,423

- **Profit after tax:** -6,406,148

- **Assets:** 7,471,410

- **Equity:** -12,492,050

## People

| Person | Roles | Titles |
| --- | --- | --- |
| [Henrik Bak](https://datapublica.dk/en/people/pid_entity_4004111327-henrik-bak) | Board | BESTYRELSESMEDLEM |
| [Peter Thor Munck Birkmand](https://datapublica.dk/en/people/pid_entity_4004047443-peter-thor-munck-birkmand) | Board | FORMAND |

## Auditor

| Audit firm | Auditor | Role | From |
| --- | --- | --- | --- |
| Deloitte Statsautoriseret Revisionspartnerselskab | Rasmus Volert Madsen | State Authorised Public Accountant | Jul 2, 2026 |

## Contact

### From [cvr.dk](https://datacvr.virk.dk/)

Advertising protected

Contact details from CVR must not be used for direct marketing when the entity is advertising protected. The protection does not cover details collected from the company’s own website. The general marketing rules still apply. [Read more at the Danish Business Authority](https://virksomhedsguiden.dk/content/ydelser/faa-reklamebeskyttet-din-virksomhed-i-cvr/3337006d-3b93-4bb0-bc08-82a0915c0332/)

| Contact | Phone | Email |
| --- | --- | --- |
| Company | 5352\*\*\*\* [Show full](https://datapublica.dk/en/signup?redirectTo=%2Fen%2Fcompanies%2F33864884-brainreader-a-s) | — |

## Legal owners

### Current

| Owner | Ownership | Voting rights | From |
| --- | --- | --- | --- |
| OwnerInvesto Capital I K/S | Ownership33.33–49.99 % | Voting rights33.33 % | FromOct 25, 2021 |
| OwnerNorberg & Partners Brain Analysis AB | Ownership10–14.99 % | Voting rights10 % | FromJun 26, 2024 |
| OwnerBAK COMPANY HOLDING ApS | Ownership5–9.99 % | Voting rights5 % | FromOct 25, 2019 |
| OwnerBEVICA INNOVATION A/S | Ownership5–9.99 % | Voting rights5 % | FromMay 20, 2025 |
| OwnerDahlgren Capital AB | Ownership5–9.99 % | Voting rights5 % | FromAug 29, 2025 |
| OwnerJAMILA AHDIDAN HOLDING ApS | Ownership5–9.99 % | Voting rights5 % | FromOct 25, 2019 |
| OwnerXerious Holding ApS | Ownership5–9.99 % | Voting rights5 % | FromOct 25, 2021 |

### Previous

| Owner | Ownership | Voting rights | From | To |
| --- | --- | --- | --- | --- |
| OwnerBEVICA INNOVATION A/S | Ownership10–14.99 % | Voting rights10 % | FromOct 22, 2020 | ToMay 19, 2025 |
| OwnerNorberg & Partners Brain Analysis AB | Ownership15–19.99 % | Voting rights15 % | FromOct 15, 2019 | ToJun 25, 2024 |
| OwnerXerious Holding ApS | Ownership5–9.99 % | Voting rights5 % | FromMay 10, 2021 | ToOct 24, 2021 |
| OwnerInvesto Capital I K/S | Ownership33.33–49.99 % | Voting rights33.33 % | FromOct 25, 2019 | ToOct 24, 2021 |
| OwnerLITMUS ApS | Ownership5–9.99 % | Voting rights5 % | FromMay 8, 2019 | ToOct 22, 2020 |
| OwnerBEVICA INNOVATION A/S | Ownership5–9.99 % | Voting rights5 % | FromJul 5, 2019 | ToOct 21, 2020 |
| OwnerCBC Holding AB | Ownership15–19.99 % | Voting rights15 % | FromOct 25, 2019 | ToOct 25, 2019 |
| OwnerInvesto Capital I K/S | Ownership50–66.66 % | Voting rights50 % | FromMay 8, 2019 | ToOct 24, 2019 |
| OwnerBAK COMPANY HOLDING ApS | Ownership15–19.99 % | Voting rights15 % | FromMay 8, 2019 | ToOct 24, 2019 |
| OwnerJAMILA AHDIDAN HOLDING ApS | Ownership10–14.99 % | Voting rights10 % | FromMay 8, 2019 | ToOct 24, 2019 |
| OwnerUddannelses- og Forskningsstyrelsen | Ownership10–14.99 % | Voting rights10 % | FromAug 21, 2017 | ToApr 17, 2019 |
| OwnerInsero Horsens | Ownership66.67–89.99 % | Voting rights66.67 % | FromJun 16, 2017 | ToApr 17, 2019 |
| OwnerBRAINREADER HOLDING ApS | Ownership5–9.99 % | Voting rights5 % | FromJun 16, 2017 | ToApr 17, 2019 |
| OwnerStyrelsen for Forskning og Uddannelse | Ownership10–14.99 % | Voting rights10 % | FromJun 16, 2017 | ToAug 21, 2017 |
| OwnerSYDDANSK INNOVATION ApS | Ownership5–9.99 % | Voting rights5 % | FromJun 15, 2016 | ToJun 16, 2017 |
| OwnerStyrelsen for Forskning og Uddannelse | Ownership20–24.99 % | Voting rights20 % | FromJun 15, 2016 | ToJun 15, 2017 |
| OwnerBRAINREADER HOLDING ApS | Ownership15–19.99 % | Voting rights15 % | FromJun 15, 2016 | ToJun 15, 2017 |
| OwnerInsero Horsens | Ownership33.33–49.99 % | Voting rights33.33 % | FromApr 10, 2015 | ToJun 15, 2017 |
| OwnerBRAINREADER HOLDING ApS | Ownership25–33.32 % | Voting rights25 % | FromApr 10, 2015 | ToJun 14, 2016 |
| OwnerStyrelsen for Forskning og Uddannelse | Ownership25–33.32 % | Voting rights25 % | FromApr 10, 2015 | ToJun 14, 2016 |

## Ultimate owners

The structure contains circular ownership. Aggregate stakes cannot be calculated reliably.
[View ownership diagram](https://datapublica.dk/en/companies/33864884-brainreader-a-s/portfolio)
| Name | Ownership through | Calculated ownership |
| --- | --- | --- |
| Aalborg Universitet | FORSKNINGSINNOVATION A/S → NOVI INNOVATION A/S → Investo Capital I K/S | Unknown stake |
| Anders Holch Povlsen | HEARTLAND A/S → Brightfolk A/S → Investo Capital I K/S | Unknown stake |
| Astrid Storm Holch Povlsen | HEARTLAND A/S → Brightfolk A/S → Investo Capital I K/S | Unknown stake |
| BEVICA FONDEN | BEVICA INNOVATION A/S | Unknown stake |
| Dahlgren Capital AB | Direct | Unknown stake |
| EJENDOMS- OG FINANSIERINGSFONDEN FOR NORDJYLLANDS VIDENPARK | NOVI INNOVATION A/S → Investo Capital I K/S | Unknown stake |
| Henrik Bak | BAK COMPANY HOLDING ApS | Unknown stake |
| Jamila Ahdidan | JAMILA AHDIDAN HOLDING ApS | Unknown stake |
| Mads Fiig | Xerious Holding ApS | Unknown stake |
| Norberg & Partners Brain Analysis AB | Direct | Unknown stake |
| Region Hovedstaden | NOVI INNOVATION A/S → Investo Capital I K/S | Unknown stake |

## Company pages

- [Overview](https://datapublica.dk/en/companies/33864884-brainreader-a-s)

- [Financial report](https://datapublica.dk/en/companies/33864884-brainreader-a-s/financials)

- [Risk](https://datapublica.dk/en/companies/33864884-brainreader-a-s/risk)

- [Timeline](https://datapublica.dk/en/companies/33864884-brainreader-a-s/timeline)

- [Ownership and relations](https://datapublica.dk/en/companies/33864884-brainreader-a-s/portfolio)

- [Production units](https://datapublica.dk/en/companies/33864884-brainreader-a-s/production-units)

- [Gazelle](https://datapublica.dk/en/companies/33864884-brainreader-a-s/gazelle)

- [Investments](https://datapublica.dk/en/companies/33864884-brainreader-a-s/investments)

## Official sources

- [Official CVR record on Virk](https://datacvr.virk.dk/enhed/virksomhed/33864884)
