INNOVATOR DESIGN ApS

CVR 27917984 · Private limited company (ApS) · Active · Low risk

INNOVATOR DESIGN ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry industrielt design og modedesign. 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 (30 Jun 2025) shows equity of DKK 19.9m and a net result of DKK 8.5m. CEO: Søren Xerxes Frahm.

Bankruptcy risk for INNOVATOR DESIGN ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

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

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×

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
27917984
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
Rubinvej 16
8700 Horsens
Municipality
Horsens
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 125k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio97.0%
Current ratio2,343%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -37kDKK -28k
Net profitDKK 8.5mDKK 2.4m
EquityDKK 19.9mDKK 11.5m
Total assetsDKK 20.5mDKK 12.7m
CashDKK 730k–
Short-term debtDKK 612k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024162
1 Jul 2022 – 30 Jun 2023172
1 Jul 2021 – 30 Jun 2022154
1 Jul 2020 – 30 Jun 2021153
1 Jul 2019 – 30 Jun 2020121
1 Jul 2018 – 30 Jun 2019166
1 Jul 2017 – 30 Jun 2018156
1 Jul 2016 – 30 Jun 201796
1 Jul 2015 – 30 Jun 2016139
1 Jul 2014 – 30 Jun 2015170
1 Jul 2013 – 30 Jun 2014172
1 Jul 2012 – 30 Jun 2013158
1 Jul 2011 – 30 Jun 2012163
1 Jul 2010 – 30 Jun 2011150
1 Jul 2009 – 30 Jun 2010144
1 Jul 2008 – 30 Jun 2009152
1 Jul 2007 – 30 Jun 2008126
1 Jul 2006 – 30 Jun 2007107
1 Jul 2005 – 30 Jun 2006143

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
CEOSøren Xerxes FrahmCurrent
Owner (100%)Søren Xerxes FrahmCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPricewaterhouseCoopers
AuditorQurios Statsautoriseret Revisionsinteressentskab
AuditorNOMOQ PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderSøren Xerxes FrahmCurrent

The CEOs' other companies

Søren Xerxes Frahm – 13 other companies, of which 1 bankrupt

Address history (0 moves)

Rubinvej 16, 8700 Horsens

Similar companies in Horsens

Questions and answers about INNOVATOR DESIGN ApS

Has INNOVATOR DESIGN ApS gone bankrupt?

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

What is the bankruptcy risk of INNOVATOR DESIGN ApS?

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 INNOVATOR DESIGN ApS?

Søren Xerxes Frahm is the CEO of INNOVATOR DESIGN ApS.

Who is the auditor of INNOVATOR DESIGN ApS?

INNOVATOR DESIGN ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was INNOVATOR DESIGN ApS founded?

INNOVATOR DESIGN ApS was founded on 22 June 2004.

What is the equity of INNOVATOR DESIGN ApS?

Equity was DKK 19.9m 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.