Ethicos ApS

CVR 26861373 · Private limited company (ApS) · Active · Low risk

Ethicos ApS is a Private limited company (ApS), founded on 1 November 2002, based in Valby. The company is registered in the industry anden undervisning i.a.n.. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11.6m and a net result of DKK 2.3m.

Bankruptcy risk for Ethicos 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Number of CEOs0 · bankruptcy rate 12.7%1.4×

CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Current ratio50%–100% · bankruptcy rate 11.7%1.3×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%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×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Return on assets15%+ · bankruptcy rate 5.1%0.58×

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: 26861373
Status: Active
Company type: Private limited company (ApS)
Founded: 1 November 2002 (24 years)
Address: Peter Bangs Vej 261
2500 Valby
Municipality: København
Industry: Anden undervisning i.a.n. (855900)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital: DKK 200k
Employees: 1 (2008)
Audit opted out: Yes

Warning signs

Annual reports filed late	3 of 22
Missing annual report	No
Negative equity	No
Equity ratio	78.9%
Current ratio	80%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	3
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 1.6m	DKK 1.9m	DKK 2.3m
Net profit	DKK 2.3m	DKK 2.5m	DKK 2.8m
Equity	DKK 11.6m	DKK 10.3m	DKK 9.6m
Total assets	DKK 14.7m	DKK 10.9m	DKK 10.3m
Cash	DKK 747k	DKK 1.0m	–
Short-term debt	DKK 1.8m	DKK 197k	–
Avg. employees	0	0	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	24 Jun 2026	175
1 Jan 2024 – 31 Dec 2024	10 Feb 2025	41
1 Jan 2023 – 31 Dec 2023	3 Apr 2024	94
1 Jan 2022 – 31 Dec 2022	2 May 2023	122
1 Jan 2021 – 31 Dec 2021	23 Jun 2022	174
1 Jan 2020 – 31 Dec 2020	25 Jan 2021	25
1 Jan 2019 – 31 Dec 2019	26 Jul 2020	208	Late
1 Jan 2018 – 31 Dec 2018	29 Jan 2019	29
1 Jan 2017 – 31 Dec 2017	23 Feb 2018	54
1 Jan 2016 – 31 Dec 2016	24 May 2017	144
1 Jan 2015 – 31 Dec 2015	25 May 2016	146
1 Jan 2014 – 31 Dec 2014	11 Jun 2015	162
1 Jan 2013 – 31 Dec 2013	17 Feb 2014	48
1 Jan 2012 – 31 Dec 2012	18 Jun 2013	169
1 Jan 2011 – 31 Dec 2011	1 May 2012	122
1 Jan 2010 – 31 Dec 2010	20 Feb 2011	51
1 Oct 2008 – 30 Sep 2009	22 Feb 2010	145
1 Oct 2007 – 30 Sep 2008	16 Feb 2010	504	Late
1 Oct 2006 – 30 Sep 2007	27 Mar 2008	179
1 Oct 2005 – 30 Sep 2006	6 Mar 2007	157

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

Role	Name	From	To
Owner (100%)	Bjarne Aalbæk	1 Nov 2002	Current
Auditor	STEEN SLOTHOLT, REGISTRERET REVISIONSAKTIESELSKAB	1 Nov 2002	8 Jun 2006
Auditor	LUNI REVISION I/S	8 Jun 2006	8 Jun 2006
Auditor	Optimal Revision Godkendt Revisionsvirksomhed	12 Mar 2010	1 Jun 2015
Auditor	Optimal Revision Godkendt Revisionsvirksomhed	22 Dec 2015	22 Dec 2015
Founder	Bjarne Aalbæk	1 Nov 2002	Current

Address history (2 moves)

6 Dec 2017	Peter Bangs Vej 261, 2500 Valby
12 Mar 2010	c/o Actis Revisorer A/S, Vestre Gade 18, 2605 Brøndby
1 Nov 2002	Peter Bangs Vej 261, 2500 Valby

Former names

Ethicos ApS	30 Oct 2020 – now
Ethicos statsautoriseret revisionsanpartsselskab	6 Dec 2017 – 29 Oct 2020
ETHICOS GODKENDT REVISIONSANPARTSSELSKAB	20 Nov 2010 – 5 Dec 2017
ETHICOS ApS	22 Dec 2009 – 19 Nov 2010
ETHICOS REGISTRERET REVISIONSANPARTSSELSKAB	1 Nov 2002 – 21 Dec 2009

Employees per year

Other companies at the same address

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Questions and answers about Ethicos ApS

Has Ethicos ApS gone bankrupt?

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

What is the bankruptcy risk of Ethicos 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.

When was Ethicos ApS founded?

Ethicos ApS was founded on 1 November 2002.

What is the equity of Ethicos ApS?

Equity was DKK 11.6m 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.