Arctic Commodity Exchange ApS

CVR 20959649 · Private limited company (ApS) · Active · Medium risk

Arctic Commodity Exchange ApS is a Private limited company (ApS), founded on , based in Korsør. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -123k and a net result of DKK -94k. CEO: Benjamin Elvidge.

Bankruptcy risk for Arctic Commodity Exchange ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
20959649
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Amerikakajen 1, 2.
4220 Korsør
Municipality
Slagelse
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
2 (2006)
Audit opted out
Yes

Warning signs

Annual reports filed late7 of 28
Missing annual reportNo
Negative equityYes
Equity ratio-19.4%
Current ratio84%
Moves (last 2 years)0
CEO changes in total13
CEO's previous bankruptcies3
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -389DKK -5,913
Net profitDKK -94kDKK -5,913
EquityDKK -123kDKK -29k
Total assetsDKK 634kDKK 1.1m
CashDKK 131–
Short-term debtDKK 757k–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025179
1 Jul 2023 – 30 Jun 2024178
1 Jul 2022 – 30 Jun 2023180
1 Jul 2021 – 30 Jun 2022189 Late
1 Jul 2020 – 30 Jun 2021166
1 Jul 2019 – 30 Jun 2020158
1 Jul 2018 – 30 Jun 2019159
1 Jul 2017 – 30 Jun 2018154
1 Jul 2016 – 30 Jun 2017165
1 Jul 2015 – 30 Jun 2016133
1 Jul 2014 – 30 Jun 2015136
1 Jul 2013 – 30 Jun 2014134
1 Jul 2012 – 30 Jun 2013172
1 Jul 2011 – 30 Jun 2012159
1 Jul 2010 – 30 Jun 2011133
1 Jul 2009 – 30 Jun 2010190 Late
1 Jul 2008 – 30 Jun 2009173
1 Jul 2007 – 30 Jun 2008100
1 Jul 2006 – 30 Jun 2007150
1 Jul 2005 – 30 Jun 2006193 Late

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
CEOBenjamin ElvidgeCurrent
CEOJan Richard
CEOJimmi Richard
CEOGeorg Thorvald Gran
CEOJan Richard
CEOOle Berth
CEOJimmi Richard
CEOJimmi Richard
CEOLonni Margrethe Pietras Richard
CEOJan Richard
CEOMathias Becker Ive
BoardNiels Ahlmann-OhlsenCurrent
BoardJan RichardCurrent
BoardMathias Becker IveCurrent
BoardWalter Wilhelm JansenCurrent
BoardJohn Richard
BoardJan Richard
BoardJeanett Richard
BoardNiels Ahlmann-Ohlsen
BoardJan Richard
BoardBenjamin Elvidge
Owner (25%)Mathias Becker IveCurrent
Owner (50%)Balders F.M.B.ACurrent
Owner (25%)Benjamin ElvidgeCurrent
Owner (100%)WWW APS
AuditorREVI PARTNER, SOLRØD AFD. ApS
AuditorSKATTEREVISORERNE. REGISTRERET REVISIONSANPARTSSELSKAB
AuditorBach Invest
AuditorREVISIONSFIRMAET KURT HUNDEBØLL V/KURT HUNDEBØLL
FounderJan RichardCurrent
FounderACCOUNT SOFT ApSCurrent

The CEOs' other companies

Jan Richard – 24 other companies, of which 9 bankrupt

Jimmi Richard – 5 other companies, of which 1 bankrupt

Georg Thorvald Gran – 3 other companies, of which 2 bankrupt

Ole Berth – 3 other companies

Mathias Becker Ive – 1 other companies

Address history (13 moves)

Amerikakajen 1, 2., 4220 Korsør
c/o Nowa ApS/Ordnung, Gråbrødre Plads 3, 2., 5000 Odense C
Englandsgade 22, st., 5000 Odense C
Vestergade 15A, 2., 5000 Odense C
Algade 33B, 4220 Korsør
Norvangen 3D, 4220 Korsør
Palægade 3, 4., 1261 København K
c/o 4audit, Norvangen 3D, 2., 4220 Korsør
c/o 4audit, Nygade 1, 1., 4220 Korsør
c/o 4A, Brogade 9, st. tv, 4220 Korsør
c/o J. Richard, Strandvej 41, 2. th, 4220 Korsør
c/o Censor, Hundige Strandvej 129, 2670 Greve
c/o Censor Revision, Østergade 9, 4., 8000 Aarhus C
Tårnborgvej 180, 4220 Korsør

Former names

Arctic Commodity Exchange ApS – now
Emporiex ApS –
CellFit ApS –
FIIN.NU ApS –
NORDISK REVISION ASSISTANCE APS –
4AUDIT ASSISTANCE INTERNATIONAL ApS –
4A GODKENDT REVISIONSANPARTSSELSKAB –
AUDIN GODKENDT REVISIONSANPARTSSELSKAB –
AKADEMI ApS –
NETDANMARK.DK ApS –
NETDANMARK INTERNET ApS –
JJJJ ApS –

Employees per year

Number of employees at Arctic Commodity Exchange ApS per year231998: 019981999: 219992000: 320002001: 020012006: 22006

Other companies at the same address

Similar companies in Slagelse

Questions and answers about Arctic Commodity Exchange ApS

Has Arctic Commodity Exchange ApS gone bankrupt?

No, Arctic Commodity Exchange ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Arctic Commodity Exchange ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Arctic Commodity Exchange ApS?

Benjamin Elvidge is the CEO of Arctic Commodity Exchange ApS.

When was Arctic Commodity Exchange ApS founded?

Arctic Commodity Exchange ApS was founded on 30 January 1998.

What is the equity of Arctic Commodity Exchange ApS?

Equity was DKK -123k according to the annual report for the period ending 30 June 2025.

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