Vitibiotech ApS
Key figures
- Return on assets
- -196.8%
- Return on equity
- –
- Current ratio
- 1,446.4%
- Equity ratio
- -132.9%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | -583,618 |
Operating profit | -1,390,821 |
Finance income | 1,712 |
Finance expenses | 96,633 |
Tax expense | -166,915 |
Profit/loss for the year | -1,318,827 |
Employees
| Reporting period | |
|---|---|
Avg. employees | 1 |
Personnel costs | 807,203 DKK |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 501,171 |
Current assets | 706,655 |
Total assets | 706,655 |
Equity | -938,827 |
Liabilities | 1,645,482 |
Current liabilities | 48,855 |
Working capital
| Reporting period | |
|---|---|
Other current receivables | 38,569 |
Trade payables | 6,575 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 380,000 |
Retained earnings | -1,318,827 |
Annual report highlights
Business and development
Vitibiotech's ambition is to develop, produce, and eventually sell bacteria-based solutions for combating mold fungi in fruits and berries, with a particular focus on grapevines and grapes. The focus in 2025 has been on establishing the company and developing solutions.
The income statement of the Company for 2024/25 shows a loss of DKK 1,318,827, and at 31 December 2025 the balance sheet of the Company shows a negative equity of DKK 938,827.
Risks and material matters
The Company has for the financial year a negative result of DKK 1,319 thousand and has cash and cash equivalents of DKK 501 thousand and an equity of DKK -939 thousand as of 31 December 2025.Based on the cash position and credit facility at year-end, and the latest approved budget, the Company has a run rate until minimum October 2027.Accordingly, it is Management's assessment that there is no material uncertainty related to going concern.
The financial position at 31 December 2025 of the Company and the results of the activities and cash flows of the Company for the financial year for 2024/25 have not been affected by any unusual events.
No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.
Commitments and security
The Company has entered into lease agreements with a 3-month notice period, with commitment 31 December 2025 amounting to DKK 76 thousand (regarding lease in Copenhagen, Denmark).Other than this, the Company has not entered into any mutually binding agreements as of the balance sheet date that affect the Company's financial position.