Virksomhedsform
Aktieselskab
Etableret
2017
Størrelse
Små
Ansatte
16
Omsætning
- DKK
Bruttofortj.
-9.237.284 DKK
Primært resultat (EBIT)
-23.510.195 DKK
Årets resultat
-39.688.347 DKK
Egenkapital
16 MDKK
annonce

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Rang Årets resultat

Rang i branche
120/132
"Bund 10%"
Rang i Danmark
342.703/344.193
"Bund 10%"

Legale ejere top 3

Stamoplysninger baseret på CVR

NavnMedican A/S
BinavneMedican Pharma A/S, Remedium A/S, Danish Cannabis Production A/S, Danish Cannabis Production Aps, Dansk Cannabis Produktion A/S, Dansk Cannabis Produktion Aps, Medcan A/S, Medcan Aps, Medicinsk Cannabis A/S, Medicinsk Cannabis Aps Vis mere
CVR39015684
AdresseSkovgårdsvej 27, 3200 Helsinge
BrancheFremstilling af farmaceutiske præparater [212000]
Etableret12-10-2017 (6 år)
Første regnskabsperiode12-10-2017 til 30-06-2018
VirksomhedsformAktieselskab
Antal ansatte4 (årsværk:4)
ReklamebeskyttelseNej
Regnskabsperiode01-07 til 30-06
Selskabskapital2.111.463 DKK
1.788.709 DKK (19-02-2023 - 18-04-2023)
1.503.886 DKK (08-12-2022 - 18-02-2023)
1.245.479 DKK (07-07-2022 - 07-12-2022)
1.239.213 DKK (24-05-2022 - 06-07-2022)
1.215.977 DKK (08-03-2022 - 23-05-2022)
Vedtægter seneste28-04-2023

Medlem af brancherne

Formål

Selskabets formål er at producere Cannabis til medicinsk brug.

Regnskab

 202220212020
Valuta/enhed000' DKK000' DKK000' DKK
Omsætning
-
-
-
-
-
-
Bruttofortjeneste
-9.237
-
-10.145
-
-18.388
-
Årets resultat
-39.688
-
-15.037
-
-4.556
-
Egenkapital
15.546
-50%
31.397
-20%
39.409
+72%
Balance
39.606
-42%
67.824
+33%
51.048
+102%

Ledelsesberetning

Financial review
The company's income statement for the year ended 30 June 2022 shows a loss of DKK 39,688,347, and the balance sheet at 30 June 2022 shows equity of DKK 15,546,276.

Year 2021/2022 for Medican has been in line with the general trend in the cannabis industry. The revenue has been lower than expected and regulatory delays are postponing the market entrance for the new products. There has been a perception between producers that the growth would increase in all segments, but the market for cannabis-based medicines, magistral compounds with cannabinoids and full spectrum products have been almost flat in the main markets over the last 12-18 months. No new countries with significant markets have legalized medical cannabis in Europe, however, there are positive signals from several countries have disclosed intentions to setup new pilots or extended pilot programs for cannabis as opening of sales in recreational markets in Germany, Czech Republic and other countries opening up for a significant new market which will likely change the medicinal cannabis market structure.

The development in the industry has been extensive in the year with many new product introductions in Medican’s core market segment resulting in some pressure on sales prices. Simultaneously the production costs have increased as result of energy crises adding another layer of insecurity into the industry.

Access to capital remains one of the toughest issues for this emerging industry being capital intensive while new technologies are being continuously introduces and changing the landscape. Energy efficiency and product quality are the main drivers for the intensive research and development work done in the industry.

The combination of continuously oversupply outdated equipment and limited access to capital indicates a trend towards consolidation in the industry for the established players.

The fiscal year has equivalently challenged Medican resulting in instability during the year.
Followed by the recession and declining sales:
Medican reduced the organization in sales and in production.
Executive management and board have been replaced and adding another multiplier in the instability equation.
Withdraw product application for the flower product on the Danish market.
Finalized the oil product development with external contract manufacturer and preparing for entering the Germany and Danish market.
Scale down production on biomass to save energy, labor costs and other operational expenditures.
Sale of daughter companies in Holland and Uruguay.
16-12-2022

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