RED ASSOCIATES A/S

CVR 28325290 · Public limited company (A/S) · Active · Low risk

RED ASSOCIATES A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 24.7m and a net result of DKK -643k. CEO: Anne Mette Worsøe Lottrup.

Bankruptcy risk for RED ASSOCIATES A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
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
28325290
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Kronprinsessegade 20, 2.
1306 København K
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 500k
Employees
44 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 21
Missing annual reportNo
Negative equityNo
Equity ratio32.2%
Current ratio157%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 43.1mDKK 52.6mDKK 52.9m
Net profitDKK -643kDKK 12.9mDKK 11.5m
EquityDKK 24.7mDKK 25.3mDKK 53.0m
Total assetsDKK 76.6mDKK 63.9mDKK 68.9m
CashDKK 11.1mDKK 4.8m–
Short-term debtDKK 47.7mDKK 34.0m–
Tax owedDKK 0DKK 4.0m–
Avg. employees3935–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017171
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 201591
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013101
1 Jan 2012 – 31 Dec 2012119
1 Jan 2011 – 31 Dec 201189
1 Jan 2010 – 31 Dec 2010153
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008109
1 Jan 2007 – 31 Dec 2007148
1 Jan 2006 – 31 Dec 2006151

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
CEOAnne Mette Worsøe LottrupCurrent
CEOFrederik Wiedemann
CEOMikkel Bethlowsky Rasmussen
CEOLynda Ann Cuza
CEOMads Holme
BoardFilip Steenberg LauCurrent
BoardCharlotte VangsgaardCurrent
BoardMillie Parekh AroraCurrent
BoardAnders Byriel
BoardHans Henrik Beck
BoardPeter Perregaard
BoardChristian Madsbjerg
BoardWilliam Ervin Hoover
BoardFrederik Wiedemann
BoardMikkel Bethlowsky Rasmussen
BoardCharlotte Vangsgaard
BoardMads Holme
BoardMikkel Krüger Krenchel
BoardMillie Parekh Arora
Owner (100%)RED ASSOCIATES HOLDING A/SCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorIKS INVEST ApS
AuditorGreen IV ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMADSBJERG HOLDING ApSCurrent
FounderFMF HOLDING ApSCurrent
FounderKONTRAPUNKT A/SCurrent

The CEOs' other companies

Anne Mette Worsøe Lottrup – 3 other companies

Frederik Wiedemann – 6 other companies

Mikkel Bethlowsky Rasmussen – 11 other companies

Mads Holme – 4 other companies

Address history (1 moves)

Kronprinsessegade 20, 2., 1306 København K
Refshalevej 153, 1432 København K

Former names

RED ASSOCIATES A/S – now
RED ASSOCIATES ApS –
KONTRAPUNKT R&D ApS –

Employees per year

Number of employees at RED ASSOCIATES A/S per year22442011: 3120112012: 3220122013: 3020132014: 3320142015: 3620152016: 3320162017: 3520172018: 442018

Other companies at the same address

Similar companies in København

Questions and answers about RED ASSOCIATES A/S

Has RED ASSOCIATES A/S gone bankrupt?

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

What is the bankruptcy risk of RED ASSOCIATES A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of RED ASSOCIATES A/S?

Anne Mette Worsøe Lottrup is the CEO of RED ASSOCIATES A/S.

Who is the auditor of RED ASSOCIATES A/S?

RED ASSOCIATES A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was RED ASSOCIATES A/S founded?

RED ASSOCIATES A/S was founded on 3 January 2005.

What is the equity of RED ASSOCIATES A/S?

Equity was DKK 24.7m 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.