CVR: 38495224
Previous names: QuadSAT IVS, QuadSAT ApS
DKK 6,363,479
Gross profit
Net result: DKK -18,751,705
HELGE MUNK HOLDING ApS, Buchi Holding ApS
5 more
CVR · view ownership and management
Director registered: Niels Bjerregaard
CVR · 01/01/2026
View the full event history
Quadsat ApS is a Danish company of the type Anpartsselskab based in Odense N, founded in 2017. The company is registered under the industry Forskning og eksperimentel udvikling inden for naturvidenskab og teknik. The company was previously named QuadSAT ApS and QuadSAT IVS. The management consists of Niels Bjerregaard. The company's owners include HELGE MUNK HOLDING ApS, Buchi Holding ApS and J. Espeland Holding ApS. The company has 7 employees (2018). In 2025, the company reported a gross profit of DKK 6,363,479 and a net result of DKK -18,751,705 compared with DKK -17,704,770 the year before. Equity in the 2025 report amounted to DKK 35,244,166.
Source: annual report 2025, Danish Business Authority
Quadsat ApS is currently facing significant financial challenges, as indicated by its declining gross profit and increasing losses over the past few years. In 2025, the company reported a gross profit of 6,363,479 DKK but incurred a loss of 18,751,705 DKK, following a trend of escalating losses that peaked at 23,818,819 DKK in 2023. While equity improved to 35,244,166 DKK in 2025, it had previously dipped to negative territory in 2022, raising concerns about its financial stability. The lack of disclosed revenue suggests reliance on external funding or grants, positioning Quadsat as a high-risk entity within the research and experimental development sector. Overall, the company must address its profitability issues and stabilize its financial health to ensure long-term viability.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive handels-, industri-, udviklings- og investeringsvirksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 6.4 mio. | -18.8 mio. | 48.5 mio. | 35.2 mio. | 41 | |
| 202401/01/2024 – 31/12/2024 | 1.7 mio. | -17.7 mio. | 30.8 mio. | 16.7 mio. | 33 | |
| 202301/01/2023 – 31/12/2023 | -10.7 mio. | -23.8 mio. | 50.3 mio. | 34.4 mio. | 24 | |
| 202201/01/2022 – 31/12/2022 | -3.3 mio. | -13.5 mio. | 23.1 mio. | -9.6 mio. | 17 | |
| 202101/01/2021 – 31/12/2021 | -1.4 mio. | -8.9 mio. | 14.6 mio. | 3.8 mio. | 16 | |
| 202001/01/2020 – 31/12/2020 | -5.1 mio. | -8.9 mio. | 11.2 mio. | 8.9 mio. | 12 | |
| 201901/01/2019 – 31/12/2019 | -465 t. | -3.1 mio. | 3.3 mio. | -3.6 mio. | 7 | |
| 201801/01/2018 – 31/12/2018 | -406 t. | -1.2 mio. | 6.7 mio. | -499 t. | 1 |
Compared to 1.041 companies in Forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Comparison is based on industry median values
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Try company screeningQuadsat ApS was founded on 15 March 2017.
Quadsat ApS is registered under the industry Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (industry code 721000).
Quadsat ApS had 7 employees in 2018 according to the Danish CVR register.
The owners of Quadsat ApS include HELGE MUNK HOLDING ApS, Buchi Holding ApS and J. Espeland Holding ApS.
In 2025, Quadsat ApS reported a gross profit of DKK 6,363,479.
The management of Quadsat ApS consists of Niels Bjerregaard.
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Quadsat ApS has published its annual report for 2025. Gross profit came to DKK 6,363,479, and the net result was DKK -18,751,705.
Address changed to Lufthavnvej 131 131, 5270 Odense N (March 19, 2026).
Contact info changed: new phone: 49494994, new email: [email protected] (March 19, 2026).
Contact info changed: new phone: 49494994, new email: [email protected] (January 22, 2026).
As of January 1, 2026, Niels Bjerregaard is registered as adm. dir. of Quadsat ApS.
As of December 31, 2025, Joakim Espeland has stepped down as adm. dir. of Quadsat ApS.
Quadsat ApS has published its annual report for 2024. Gross profit came to DKK 1,698,308, and the net result was DKK -17,704,770.
As of July 3, 2025, Jan Nils Borgstädt has joined the board of directors of Quadsat ApS.
As of July 3, 2025, Max Bautin has left the board of directors of Quadsat ApS.
As of July 3, 2025, Andrian Buchi has stepped down as director of Quadsat ApS.
As of July 3, 2025, is registered as an owner of Quadsat ApS with an ownership share of 10%.
Quadsat ApS has published its annual report for 2023. Gross profit came to DKK -10,685,323, and the net result was DKK -23,818,819.
As of February 20, 2024, Karina Bergstrøm Larsen has joined the board of directors of Quadsat ApS.
As of February 20, 2024, Torben Frigaard Rasmussen has left the board of directors of Quadsat ApS.
As of February 20, 2024, Andrian Buchi has left the board of directors of Quadsat ApS.
On February 20, 2024, the company changed its name from QuadSAT ApS to Quadsat ApS.
Quadsat ApS has published its annual report for 2022. Gross profit came to DKK -3,265,805, and the net result was DKK -13,466,736.
As of April 21, 2023, Max Bautin has joined the board of directors of Quadsat ApS.
As of April 21, 2023, Daniel Carew has left the board of directors of Quadsat ApS.
As of April 1, 2023, Danmarks Eksport- og Investeringsfond is registered as an owner of Quadsat ApS with an ownership share of 10%.
As of March 16, 2023, Daniel Carew has joined the board of directors of Quadsat ApS.
As of March 16, 2023, is registered as an owner of Quadsat ApS with an ownership share of 5%.
Quadsat ApS has published its annual report for 2021. Gross profit came to DKK -1,369,828, and the net result was DKK -8,890,646.
As of July 14, 2021, is registered as an owner of Quadsat ApS with an ownership share of 10%.
Quadsat ApS has published its annual report for 2020. Gross profit came to DKK -5,117,379, and the net result was DKK -8,865,325.
As of January 27, 2021, Helge Munk has joined the board of directors of Quadsat ApS.
As of January 27, 2021, Torben Frigaard Rasmussen has joined the board of directors of Quadsat ApS.
As of January 26, 2021, Helge Munk has left the board of directors of Quadsat ApS.
Quadsat ApS has published its annual report for 2019. Gross profit came to DKK -465,261, and the net result was DKK -3,120,472.
As of July 10, 2020, Simon Frederik Loft Øelund has joined the board of directors of Quadsat ApS.
As of July 10, 2020, Rob Desborough has joined the board of directors of Quadsat ApS.
As of July 10, 2020, HELGE MUNK HOLDING ApS is registered as an owner of Quadsat ApS with an ownership share of 15%.
As of July 10, 2020, Buchi Holding ApS is registered as an owner of Quadsat ApS with an ownership share of 10%.
As of July 10, 2020, J. Espeland Holding ApS is registered as an owner of Quadsat ApS with an ownership share of 10%.
Quadsat ApS has published its annual report for 2018. Gross profit came to DKK -406,256, and the net result was DKK -1,227,832.
As of May 30, 2019, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Quadsat ApS.
As of November 12, 2018, Helge Munk has joined the board of directors of Quadsat ApS.
As of November 12, 2018, Andrian Buchi has joined the board of directors of Quadsat ApS.
As of November 12, 2018, Joakim Espeland has joined the board of directors of Quadsat ApS.
Quadsat ApS has published its interim report for the period March 15, 2017 – December 31, 2017.
On June 13, 2018, the company changed its name from QuadSAT IVS to QuadSAT ApS.
As of March 15, 2017, Andrian Buchi is registered as director of Quadsat ApS.
As of March 15, 2017, Joakim Espeland is registered as adm. dir. of Quadsat ApS.
Quadsat ApS was founded on March 15, 2017.
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