Cardia International A/SActive
Key figures
Key ratios
2025/26Balance sheet structure
Financial statements2025–2026
| 2024/25 | 2025/26 | |
|---|---|---|
| Balance sheet — assets | ||
| Cash and cash equivalents | 55.704 | 367.465 |
| Total current assets | 3.254.753 | 3.087.000 |
| Total non-current assets | 74.600 | 74.600 |
| Total assets | 3.329.353 | 3.161.600 |
| Balance sheet — liabilities and equity | ||
| Current liabilities | 8.453.582 | 9.074.284 |
| Non-current liabilities | — | — |
| Total liabilities | 8.453.582 | 9.074.284 |
| Share capital | 746.000 | 746.000 |
| Retained earnings of previous periods | -5.870.229 | -6.658.684 |
| Profit for the year | -2.381.620 | -788.455 |
| Total equity | -5.124.229 | -5.912.684 |
| Income statement | ||
| Gross profit | -1.958.213 | -654.742 |
| Operating profit | -2.324.297 | -654.742 |
| EBITDA | -1.958.213 | -654.742 |
| Profit before income tax | -2.381.620 | -788.455 |
| Profit for the reporting year | -2.381.620 | -788.455 |
| Labour costs | — | — |
| Depreciation of non-current assets | 366.085 | 0 |
| Other indicators | ||
| Employees | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
About the company
Annual report 2026Description of key activities of the companyCardia International A/S is manufacturing and selling the defibrillator CardiAid.
Significant changes in the company's activities and financial mattersThere have been no significant changes in activities and financial matters. The gross loss for the year totals EUR -88.000 thousand against EUR -262.000 thousand last year. Loss from ordinary activities after tax totals EUR -106.000 thousand against EUR -319.000 thousand last year. Management considers the net loss for the year as expected. The Company has incurred losses and has negative equity as of 31 March 2026. Furthermore, contrary to prior years, the parent company has not issued a support letter for the coming financial year. Management has prepared cash flow forecasts for the period ending 31 March 2027 and has assessed the Company’s expected liquidity requirements and available financing options. Based on the current forecast, anticipated operating performance and the ongoing dialogue with the Company’s stakeholders, management expects that the Company will be able to meet its obligations as they fall due. However, the absence of a support letter from the parent company represents a material uncertainty which may cast significant doubt on the Company’s ability to continue as a going concern. The annual report has nevertheless been prepared on a going concern basis, as management considers the assumptions applied in the liquidity forecast to be reasonable.
Excerpt from the management's review in the latest annual report.