KNOWLEDGECOTTON APPAREL A/S

CVR 28115164 · Public limited company (A/S) · Active · Low risk

KNOWLEDGECOTTON APPAREL A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 (30 Jun 2025) shows equity of DKK 34.3m and a net result of DKK 805k. CEO: Mads Ortmann Mørup.

Bankruptcy risk for KNOWLEDGECOTTON APPAREL A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
28115164
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Balticagade 12A
8000 Aarhus C
Municipality
Aarhus
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 510k
Employees
31 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 21
Missing annual reportNo
Negative equityNo
Equity ratio69.6%
Current ratio324%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 14.4mDKK 22.3m
Net profitDKK 805kDKK 2.0m
EquityDKK 34.3mDKK 33.7m
Total assetsDKK 49.3mDKK 46.9m
CashDKK 16.3m–
Short-term debtDKK 14.5m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025176
1 Jul 2023 – 30 Jun 2024187 Late
1 Jul 2022 – 30 Jun 2023189 Late
1 Jul 2021 – 30 Jun 2022165
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 2020105
1 Jul 2018 – 30 Jun 2019128
1 Jul 2017 – 30 Jun 2018139
1 Jul 2016 – 30 Jun 2017129
1 Jul 2015 – 30 Jun 2016152
1 Jul 2014 – 30 Jun 201590
1 Jul 2013 – 30 Jun 2014137
1 Jul 2012 – 30 Jun 2013128
1 Jul 2011 – 30 Jun 2012145
1 Jul 2010 – 30 Jun 2011146
1 Jul 2009 – 30 Jun 2010146
1 Jul 2008 – 30 Jun 2009156
1 Jul 2007 – 30 Jun 2008160
1 Jul 2006 – 30 Jun 2007144
1 Jul 2005 – 30 Jun 2006153

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
CEOMads Ortmann MørupCurrent
CEOJørgen Stig Mørup
BoardHenrik VigCurrent
BoardMads Ortmann MørupCurrent
BoardSofie Brunbjerg OrtmannCurrent
BoardRalph Hemphrey Smith
BoardJørgen Stig Mørup
BoardMette Mørup Pallishøj
BoardDorthe Mørup
BoardSøren Stig Mørup
BoardSofie Brunbjerg Ortmann
Owner (100%)COTTON HOLDING ApSCurrent
Owner (25%)JØRGEN MØRUP HOLDING ApS. HERNING
Owner (20%)WEISE BIRD HOLDING ApS
Owner (33%)COTTON HOLDING ApS
Owner (10%)SØREN STIG HOLDING ApS
Owner (25%)JMH 2019 ApS
Owner (67%)COTTON HOLDING ApS
Owner (25%)Mads NY Holding ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKPSR I/S
FounderJØRGEN MØRUP HOLDING ApS. HERNINGCurrent

The CEOs' other companies

Mads Ortmann Mørup – 3 other companies

Jørgen Stig Mørup – 20 other companies, of which 1 bankrupt

Address history (3 moves)

Balticagade 12A, 8000 Aarhus C
Orebygårdvej 11A, 7400 Herning
Nystedvej 11, 7400 Herning
Orebygårdvej 9, 7400 Herning

Former names

KNOWLEDGECOTTON APPAREL A/S – now
ORANGE-SPORT ApS –

Employees per year

Number of employees at KNOWLEDGECOTTON APPAREL A/S per year16312011: 520112012: 1120122013: 2020132014: 2020142015: 1820152016: 2020162017: 2020172018: 312018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about KNOWLEDGECOTTON APPAREL A/S

Has KNOWLEDGECOTTON APPAREL A/S gone bankrupt?

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

What is the bankruptcy risk of KNOWLEDGECOTTON APPAREL A/S?

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

Who is the CEO of KNOWLEDGECOTTON APPAREL A/S?

Mads Ortmann Mørup is the CEO of KNOWLEDGECOTTON APPAREL A/S.

Who is the auditor of KNOWLEDGECOTTON APPAREL A/S?

KNOWLEDGECOTTON APPAREL A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was KNOWLEDGECOTTON APPAREL A/S founded?

KNOWLEDGECOTTON APPAREL A/S was founded on 22 September 2004.

What is the equity of KNOWLEDGECOTTON APPAREL A/S?

Equity was DKK 34.3m 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.