BIOPTIMATE ApS
Key figures
- Return on assets
- -40%
- Return on equity
- –
- Current ratio
- 41.6%
- Equity ratio
- -38.8%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | -1,252,436 |
Operating profit | -5,882,193 |
Finance expenses | 11,762 |
Tax expense | -4,035,306 |
Profit/loss for the year | -1,858,649 |
Employees
| Reporting period | |
|---|---|
Avg. employees | 4 |
Personnel costs | 4,165,791 DKK |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 265,553 |
Current assets | 8,444,842 |
Non-current assets | 6,276,858 |
Total assets | 14,721,700 |
Equity | -5,714,314 |
Liabilities | 20,436,014 |
Current liabilities | 20,306,967 |
Working capital
| Reporting period | |
|---|---|
Trade receivables | 318,488 |
Other current receivables | 276,263 |
Trade payables | 1,055,930 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 51,000 |
Retained earnings | -5,765,314 |
Investments and assets
| Reporting period | |
|---|---|
Long-term investments and receivables | 41,798 |
Property, plant and equipment | 6,235,060 |
Annual report highlights
Business and development
The purpose of the Company is research and experimental development. Bioptimate ApS is a spin-off company from University of Copenhagen. Plant science, crop bio-fractionation, up-scaling technologies and industrial implementation is the core competences of our company.
The income statement of the Company for 2025 shows a loss of DKK 1,858,649, and at 31 December 2025 the balance sheet of the Company shows a negative equity of DKK 5,714,314.
Capital resourcesThe Company has reported a negative financial result but has addressed its capital resources in Note 1.
Risks and material matters
The Company has lost its share capital as of 31 December 2025. The budget for 2026 and the expected cash position on 31 December 2026 are dependent on additional funding from the Group in the form of capital injections and loans. It is Management's assessment that the additional funding will be raised and adequate to cover the cash need of the Company during 2026.On this basis, the Board of Directors and Management consider the Company to be appropriately capitalised to execute its planned activities in 2026, and the financial statements for 2025 have accordingly been prepared on a going concern basis.Although the Board of Directors and Management based on this assessment considers that Company will secure adequate and enough liquidity resources to finance the operations of the Company for the coming year, the above indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern.
There has been uncertainty regarding recognition and measurement in the Annual Report related to other fixtures and fittings, tools and equipment, which is addressed in Note 2.
The investments in other fixtures and fittings, tools and equipment relate to the acquisition of a test centre and associated equipment, which were acquired in 2024 and 2025.Management has assessed whether the carrying value of these assets is impaired. Based on the recent acquisition of the assets, the ongoing financial support from the Group and the projected positive operational performance, it is Management's assessment that the investments are not impaired and that the carrying amount at least corresponds to the recoverable amount.Accordingly, the assets are measured at cost less accumulated depreciation, which Management considers to reflect the best estimate of the value of the assets based on the information currently available and the Company's prevailing circumstances. Management notes, however, that this assessment is subject to uncertainty, as the projected operational performance is contingent on the continued financial support from the Group and the successful execution of the Company's planned activities.
No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.
Commitments and security
Rental and lease obligationsRental obligations, period of notice of 6 months
221,085…
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