APSOLUTE SOFTWARE ApS

CVR 25818326 · Private limited company (ApS) · Active · Low risk

APSOLUTE SOFTWARE ApS is a Private limited company (ApS), founded on , based in Allerød. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 705k and a net result of DKK -34k. CEO: Michael Winstrøm Yttesen.

Bankruptcy risk for APSOLUTE SOFTWARE ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
25818326
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
c/o Michael Yttesen, Statenevej 24
3450 Allerød
Municipality
Allerød
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
1 (2018)
Auditor
2talRevision Registreret revisionsfirma
Audit opted out
Yes

Warning signs

Annual reports filed late12 of 26
Missing annual reportNo
Negative equityNo
Equity ratio36.5%
Current ratio156%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.4mDKK 1.4mDKK 1.4m
Net profitDKK -34kDKK 185kDKK 378k
EquityDKK 705kDKK 806kDKK 743k
Total assetsDKK 1.9mDKK 2.3mDKK 2.0m
CashDKK 303kDKK 718k–
Short-term debtDKK 1.2mDKK 1.5m–
Tax owedDKK 0DKK 149k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · 2talRevision Registreret revisionsfirma.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023196 Late
1 Jan 2022 – 31 Dec 2022208 Late
1 Jan 2021 – 31 Dec 2021198 Late
1 Jan 2020 – 31 Dec 2020209 Late
1 Jan 2019 – 31 Dec 2019274 Late
1 Jan 2018 – 31 Dec 2018174
1 Jan 2017 – 31 Dec 2017177
1 Jan 2016 – 31 Dec 2016161
1 Jan 2015 – 31 Dec 2015161
1 Jan 2014 – 31 Dec 2014158
1 Jan 2013 – 31 Dec 2013177
1 Jan 2012 – 31 Dec 2012180
1 Jan 2011 – 31 Dec 2011184 Late
1 Jan 2010 – 31 Dec 2010180
1 Jan 2009 – 31 Dec 2009179
1 Jan 2008 – 31 Dec 2008180
1 Jan 2007 – 31 Dec 2007181
1 Jan 2006 – 31 Dec 2006176

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
CEOMichael Winstrøm YttesenCurrent
Owner (100%)Michael Winstrøm YttesenCurrent
Auditor2talRevision v/Jan Christensen
FounderMichael Winstrøm YttesenCurrent

The CEOs' other companies

Michael Winstrøm Yttesen – 3 other companies

Address history (2 moves)

c/o Michael Yttesen, Statenevej 24, 3450 Allerød
c/o Michael Yttesen, Bakkevej 15, 3450 Allerød
c/o Progressive IT A/S, Århusgade 88, 3., 2100 København Ø

Employees per year

Number of employees at APSOLUTE SOFTWARE ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Allerød

Questions and answers about APSOLUTE SOFTWARE ApS

Has APSOLUTE SOFTWARE ApS gone bankrupt?

No, APSOLUTE SOFTWARE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of APSOLUTE SOFTWARE ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of APSOLUTE SOFTWARE ApS?

Michael Winstrøm Yttesen is the CEO of APSOLUTE SOFTWARE ApS.

Who is the auditor of APSOLUTE SOFTWARE ApS?

APSOLUTE SOFTWARE ApS most recently used 2talRevision Registreret revisionsfirma.

When was APSOLUTE SOFTWARE ApS founded?

APSOLUTE SOFTWARE ApS was founded on 2 November 2000.

What is the equity of APSOLUTE SOFTWARE ApS?

Equity was DKK 705k 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.