MATCHWARE A/S

CVR 18373432 · Public limited company (A/S) · Active · Low risk

MATCHWARE A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -3.9m and a net result of DKK -5.7m. CEO: Erinn Colette O'Sullivan.

Bankruptcy risk for MATCHWARE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
18373432
Status
Active
Company type
Public limited company (A/S)
Founded
(31 years)
Address
Thomas Koppels Gade 30, st. th
8000 Aarhus C
Municipality
Aarhus
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 842k
Employees
8 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 31
Missing annual reportNo
Negative equityYes
Equity ratio-37.5%
Current ratio72%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address115
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 9.8mDKK 8.2mDKK 8.4m
Net profitDKK -5.7mDKK 1.7mDKK 2.7m
EquityDKK -3.9mDKK 9.3mDKK 7.6m
Total assetsDKK 10.3mDKK 15.9mDKK 13.2m
CashDKK 2.5mDKK 6.0m–
Short-term debtDKK 13.8mDKK 6.2m–
Tax owedDKK 0DKK 581k–
Avg. employees87–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024160
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 2022132
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 2018120
1 Jan 2017 – 31 Dec 2017100
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014151
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009151
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007170
1 Jan 2006 – 31 Dec 2006165

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOErinn Colette O'SullivanCurrent
CEOUlrik Merrild
BoardErinn Colette O'SullivanCurrent
BoardRichard Thomas James BellCurrent
BoardMarit Fageraas ØienCurrent
BoardUlrik Merrild
BoardFrans Merrild
BoardRene Karl Hovgaard Pedersen
BoardMorten Frank Mogensen
BoardDavid William Kidd
BoardFrans Merrild
BoardPeter Nielsen
BoardBeatrice Annet Emmelie Merrild
Owner (100%)MATCHWARE HOLDING ApSCurrent
Owner (5%)David Kidd
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderUlrik MerrildCurrent
FounderRene Karl Hovgaard PedersenCurrent

The CEOs' other companies

Ulrik Merrild – 5 other companies, of which 2 bankrupt

Address history (2 moves)

Thomas Koppels Gade 30, st. th, 8000 Aarhus C
P. Hiort-Lorenzens Vej 2A, st. th, 8000 Aarhus C
Vestergade 48F, 2., 8000 Århus C

Employees per year

Number of employees at MATCHWARE A/S per year592011: 520112012: 820122013: 820132014: 920142015: 920152016: 620162017: 720172018: 82018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MATCHWARE A/S

Has MATCHWARE A/S gone bankrupt?

No, MATCHWARE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MATCHWARE A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MATCHWARE A/S?

Erinn Colette O'Sullivan is the CEO of MATCHWARE A/S.

Who is the auditor of MATCHWARE A/S?

MATCHWARE A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MATCHWARE A/S founded?

MATCHWARE A/S was founded on 15 February 1995.

What is the equity of MATCHWARE A/S?

Equity was DKK -3.9m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.