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Octarine Bio ApS: Financial statements 2024

CVR: 39857316

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

Octarine Bio ApS (CVR 39857316) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 387,863 and a net result of DKK -22,298,751 compared with DKK -19,292,175 the year before. That is a decrease of 64.4% compared with the year before. Equity in the 2024 report amounted to DKK -44,735,766. The company had 11 employees in the financial year.

Gross Profit
DKK 387,863
Profit/Loss
DKK -22,298,751
Equity
DKK -44,735,766
Total Assets
DKK 27,908,192
Employees
11

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024-388 t.-22.3 mio.-44.7 mio.11
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

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Events in 2024

Octarine Bio ApS: The 2023 annual report is outJun 17, 2024

Octarine Bio ApS has published its annual report for 2023. Gross profit came to DKK 1,089,445, and the net result was DKK -19,292,175.

Octarine Bio ApS appoints new auditorMay 21, 2024

As of May 21, 2024, Ri Statsautoriseret Revisionspartnerselskab has been appointed auditor of Octarine Bio ApS.

Auditor steps down at Octarine Bio ApSMay 20, 2024

As of May 20, 2024, Ri Magnoliavej 12 ApS has stepped down as auditor of Octarine Bio ApS.

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.

Source: annual report 2025, Danish Business Authority

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