Octarine Bio ApS: Financial statements 2023
CVR: 39857316
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
Octarine Bio ApS (CVR 39857316) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 1,089,445 and a net result of DKK -19,292,175 compared with DKK -9,671,375 the year before. That is a decrease of 20.9% compared with the year before. Equity in the 2023 report amounted to DKK -22,437,015. The company had 9 employees in the financial year.
- Gross Profit
- DKK 1,089,445
- Profit/Loss
- DKK -19,292,175
- Equity
- DKK -22,437,015
- Total Assets
- DKK 34,789,484
- Employees
- 9
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 1.1 mio. | -19.3 mio. | -22.4 mio. | 9 |
| 2022 | - | 1.4 mio. | -9.7 mio. | -3.1 mio. | 9 |
| 2021 | - | 1.7 mio. | -6.4 mio. | 6.5 mio. | 7 |
| 2020 | - | 917 t. | -2.4 mio. | -900 t. | 3 |
Official annual report
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Octarine Bio ApS has published its annual report for 2022. Gross profit came to DKK 1,378,113, and the net result was DKK -9,671,375.
About Octarine Bio ApS
Octarine Bio ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2018. The company is registered under the industry Forskning og eksperimentel udvikling inden for naturvidenskab og teknik. The company was previously named Octarine Bio IVS. The management consists of Nethaji Janeshawari Gallage and Nicholas Stuart William Milne. The board consists of Stephan Christgau (chair), Akshat Kshetrapal, Alexandre Ouimet-Storrs and Anna Søndergaard. The company's owners include Nicholas Stuart William Milne, Biosphere ApS and UV Fund I K/S. The company has 21 employees (2026). In 2025, the company reported a gross profit of DKK 1,715,333 and a net result of DKK -11,501,321 compared with DKK -22,298,751 the year before. Equity in the 2025 report amounted to DKK 31,907,827.