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ADVANCED SUBSTRATE TECHNOLOGIES A/S

ADVANCED SUBSTRATE TECHNOLOGIES A/S

CVR: 32350143

Stable revenueMicro companyWell-established (12 yrs)Loss-making

Secondary names: AST A/S

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About ADVANCED SUBSTRATE TECHNOLOGIES A/S

ADVANCED SUBSTRATE TECHNOLOGIES A/S is a Danish company of the type Aktieselskab based in Randers SØ, founded in 2014. The company is registered under the industry Andre anlægsaktiviteter i.a.n.. The management consists of Peter Damgaard Nielsen. The company's owners include DEA-CONSULT ApS, FRANDSBJERG INVEST A/S and ASSENTOFT HOLDING PDN ApS. The company has 2 employees. In 2025, the company reported a gross profit of DKK -913,006 and a net result of DKK -1,552,343 compared with DKK -1,882,054 the year before. Equity amounted to DKK 6,456,519.

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Overview

Company type
A/S
Aktieselskab
Address
Virkevangen 13, 8960 Randers SØ
RANDERS
8960 Randers SØ
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Founded
2.6.2014

Details

Industry
Andre anlægsaktiviteter i.a.n.
Code: 429900
Employees
2 employees
2 FTE
(2018)
Capital
6.615.566 kr.

Contact

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Phone
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Email
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Website
www.astech.dk

Purpose

Selskabets formål er at udvikle og kommercialisere af metoder til behandling og cirkulær udnyttelse af organisk materiale og biomasse i et samlet anlægskoncept, samt al virksomhed, som efter bestyrelsens skøn er beslægtet hermed.

Location

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Financials

YearGross ProfitProfit/LossTotal AssetsEquityEmployeesReport
2025-913 t.-1.6 mio.14.3 mio.6.5 mio.1
2024-836 t.-1.9 mio.10.1 mio.2.5 mio.1
2023903 t.-1.9 mio.9.4 mio.4.4 mio.1
2022-1.1 mio.815 t.10.5 mio.2.3 mio.1
2021-1.8 mio.-8.5 mio.9.4 mio.-22.1 mio.1
20202.7 mio.534 t.20.9 mio.-13.5 mio.1
20191.8 mio.-8.2 mio.22.1 mio.-14.1 mio.2
2018-3.7 mio.-7 mio.24.6 mio.-5.8 mio.2
2017-297 t.-1.7 mio.9.3 mio.1.1 mio.2
20161.5 mio.72 t.6 mio.2.8 mio.-
2015938 t.-116 t.4.7 mio.1.9 mio.-

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Industry Benchmarks

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Compared to 228 companies in Andre anlægsaktiviteter i.a.n.

Employees
Company1
Industry median4
4.0x below
Equity ratio
Company45.1%
Industry median48.0%
About average

Comparison is based on industry median values

Ownership

Owners
DEA-CONSULT ApS
CVR: 27913393
5-9,99%
FRANDSBJERG INVEST A/S
CVR: 28662378
20-24,99%
ASSENTOFT HOLDING PDN ApS
CVR: 30574222
50-66,65%
ADVANCED SUBSTRATE TECHNOLOGIES A/S
CVR: 32350143
Subsidiaries
Green Substrate ApS
CVR: 38649183(active)
100%

Management

Directors

Peter Damgaard Nielsen(ADM. DIR.)

Board

Svend Kristian Hoff(FORMAND)
Peter Damgaard Nielsen(BESTYRELSESMEDLEM)
Søren Rasmussen(BESTYRELSESMEDLEM)

PEP screening

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Founders

DEA-CONSULT ApS
BOREAN INNOVATION A/S

Production units (1)

ADVANCED SUBSTRATE TECHNOLOGIES A/S
P-no: 1019465116
Virkevangen 13, 8960, Randers SØ
Andre anlægsaktiviteter i.a.n.
2 employees

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History

53 events
2026
ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2025 annual report is outJun 22, 2026

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2025. Gross profit came to DKK -913,006, and the net result was DKK -1,552,343.

ADVANCED SUBSTRATE TECHNOLOGIES A/S updates contact informationMay 1, 2026

Contact info changed: new phone: 30352590, new email: [email protected], new website: www.astech.dk (May 1, 2026).

Peter Damgaard Nielsen joins ADVANCED SUBSTRATE TECHNOLOGIES A/S as adm. dir.May 1, 2026

As of May 1, 2026, Peter Damgaard Nielsen is registered as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Jan Astrup steps down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/SApr 30, 2026

As of April 30, 2026, Jan Astrup has stepped down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

2025
ASSENTOFT HOLDING PDN ApS registered as owner of ADVANCED SUBSTRATE TECHNOLOGIES A/SNov 20, 2025

As of November 20, 2025, ASSENTOFT HOLDING PDN ApS is registered as an owner of ADVANCED SUBSTRATE TECHNOLOGIES A/S with an ownership share of 50%.

Jan Astrup joins ADVANCED SUBSTRATE TECHNOLOGIES A/S as adm. dir.Sep 5, 2025

As of September 5, 2025, Jan Astrup is registered as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Peter Damgaard Nielsen steps down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/SSep 5, 2025

As of September 5, 2025, Peter Damgaard Nielsen has stepped down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2024 annual report is outMay 30, 2025

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2024. Gross profit came to DKK -835,593, and the net result was DKK -1,882,054.

2024
ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2023 annual report is outMay 28, 2024

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2023. Gross profit came to DKK 903,089, and the net result was DKK -1,869,584.

2023
Søren Rasmussen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJul 4, 2023

As of July 4, 2023, Søren Rasmussen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Mikkel John Kjær Hansen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJul 4, 2023

As of July 4, 2023, Mikkel John Kjær Hansen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

DEA-CONSULT ApS registered as owner of ADVANCED SUBSTRATE TECHNOLOGIES A/SJul 4, 2023

As of July 4, 2023, DEA-CONSULT ApS is registered as an owner of ADVANCED SUBSTRATE TECHNOLOGIES A/S with an ownership share of 5%.

FRANDSBJERG INVEST A/S registered as owner of ADVANCED SUBSTRATE TECHNOLOGIES A/SJul 4, 2023

As of July 4, 2023, FRANDSBJERG INVEST A/S is registered as an owner of ADVANCED SUBSTRATE TECHNOLOGIES A/S with an ownership share of 20%.

ASSENTOFT ERHVERVS ApS registered as owner of ADVANCED SUBSTRATE TECHNOLOGIES A/SJul 4, 2023

As of July 4, 2023, ASSENTOFT ERHVERVS ApS is registered as an owner of ADVANCED SUBSTRATE TECHNOLOGIES A/S with an ownership share of 15%.

ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2022 annual report is outJun 12, 2023

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2022. Gross profit came to DKK -1,054,110, and the net result was DKK 814,648.

2022
ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2021 annual report is outJun 30, 2022

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2021. Gross profit came to DKK -1,836,872, and the net result was DKK -8,525,491.

Mikkel John Kjær Hansen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 27, 2022

As of June 27, 2022, Mikkel John Kjær Hansen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Vera Birgitte Bille Berthelsen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 27, 2022

As of June 27, 2022, Vera Birgitte Bille Berthelsen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

2021
ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2020 annual report is outJul 8, 2021

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2020. Gross profit came to DKK 2,700,047, and the net result was DKK 534,210.

2020
Svend Kristian Hoff joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SDec 15, 2020

As of December 15, 2020, Svend Kristian Hoff has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Vera Birgitte Bille Berthelsen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SDec 15, 2020

As of December 15, 2020, Vera Birgitte Bille Berthelsen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Flemming Bjerregaard Rasmussen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SDec 15, 2020

As of December 15, 2020, Flemming Bjerregaard Rasmussen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Svend Kristian Hoff leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SDec 14, 2020

As of December 14, 2020, Svend Kristian Hoff has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2019 annual report is outAug 19, 2020

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2019. Gross profit came to DKK 1,799,294, and the net result was DKK -8,248,652.

2019
ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2018 annual report is outJun 5, 2019

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2018. Gross profit came to DKK -3,734,224, and the net result was DKK -6,964,173.

2018
Hans Krog Nielsen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SNov 1, 2018

As of November 1, 2018, Hans Krog Nielsen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2017 annual report is outJul 3, 2018

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2017. Gross profit came to DKK -296,653, and the net result was DKK -1,658,063.

ADVANCED SUBSTRATE TECHNOLOGIES A/S appoints new auditorApr 13, 2018

As of April 13, 2018, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Auditor steps down at ADVANCED SUBSTRATE TECHNOLOGIES A/SApr 13, 2018

As of April 13, 2018, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

2017
Niels Mikael Hald leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SDec 1, 2017

As of December 1, 2017, Niels Mikael Hald has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Peter Damgaard Nielsen joins ADVANCED SUBSTRATE TECHNOLOGIES A/S as adm. dir.Dec 1, 2017

As of December 1, 2017, Peter Damgaard Nielsen is registered as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Hans Krog Nielsen steps down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/SDec 1, 2017

As of December 1, 2017, Hans Krog Nielsen has stepped down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Hans Krog Nielsen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SOct 3, 2017

As of October 3, 2017, Hans Krog Nielsen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2016 annual report is outJun 1, 2017

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2016. Gross profit came to DKK 1,482,963, and the net result was DKK 72,425.

Niels Mikael Hald joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SFeb 17, 2017

As of February 17, 2017, Niels Mikael Hald has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Hans Krog Nielsen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SFeb 17, 2017

As of February 17, 2017, Hans Krog Nielsen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

2016
Peter Damgaard Nielsen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 30, 2016

As of June 30, 2016, Peter Damgaard Nielsen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Flemming Bjerregaard Rasmussen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 30, 2016

As of June 30, 2016, Flemming Bjerregaard Rasmussen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Thor Jespersen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 30, 2016

As of June 30, 2016, Thor Jespersen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Lene Gerlach leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 30, 2016

As of June 30, 2016, Lene Gerlach has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Flemming Bjerregaard Rasmussen leaves the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 29, 2016

As of June 29, 2016, Flemming Bjerregaard Rasmussen has left the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S: The 2015 annual report is outJun 24, 2016

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its annual report for 2015. Gross profit came to DKK 937,955, and the net result was DKK -116,158.

2015
Flemming Bjerregaard Rasmussen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SNov 10, 2015

As of November 10, 2015, Flemming Bjerregaard Rasmussen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S publishes interim reportMar 16, 2015

ADVANCED SUBSTRATE TECHNOLOGIES A/S has published its interim report for the period June 2, 2014 – December 31, 2014.

2014
Hans Krog Nielsen joins ADVANCED SUBSTRATE TECHNOLOGIES A/S as adm. dir.Jul 1, 2014

As of July 1, 2014, Hans Krog Nielsen is registered as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Svend Kristian Hoff steps down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/SJul 1, 2014

As of July 1, 2014, Svend Kristian Hoff has stepped down as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S appoints new auditorJun 2, 2014

As of June 2, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Svend Kristian Hoff joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 2, 2014

As of June 2, 2014, Svend Kristian Hoff has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Thor Jespersen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 2, 2014

As of June 2, 2014, Thor Jespersen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Hans Krog Nielsen joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 2, 2014

As of June 2, 2014, Hans Krog Nielsen has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Lene Gerlach joins the board of ADVANCED SUBSTRATE TECHNOLOGIES A/SJun 2, 2014

As of June 2, 2014, Lene Gerlach has joined the board of directors of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

Svend Kristian Hoff joins ADVANCED SUBSTRATE TECHNOLOGIES A/S as adm. dir.Jun 2, 2014

As of June 2, 2014, Svend Kristian Hoff is registered as adm. dir. of ADVANCED SUBSTRATE TECHNOLOGIES A/S.

ADVANCED SUBSTRATE TECHNOLOGIES A/S is foundedJun 2, 2014

ADVANCED SUBSTRATE TECHNOLOGIES A/S was founded on June 2, 2014.

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