CRYSTAL ART SOFTWARE ApS

CVR 28861931 · Private limited company (ApS) · Active · Low risk

CRYSTAL ART SOFTWARE ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 9 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 19.0m and a net result of DKK -3.2m. CEO: Simon Hørup.

Bankruptcy risk for CRYSTAL ART SOFTWARE ApS

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

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
28861931
Status
Active
Company type
Private limited company (ApS)
Founded
(21 years)
Address
Hammerensgade 1, 2. th
1267 København K
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
0 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late10 of 21
Missing annual reportNo
Negative equityNo
Equity ratio25.1%
Current ratio2%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address306
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.8mDKK 2.4m
Net profitDKK -3.2mDKK -1.2m
EquityDKK 19.0mDKK 7.1m
Total assetsDKK 75.5mDKK 52.7m
CashDKK 992–
Short-term debtDKK 8.9m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202570
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023144
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021238 Late
1 Jan 2020 – 31 Dec 202064
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017157
1 Jan 2016 – 31 Dec 2016216 Late
1 Jan 2015 – 31 Dec 2015215 Late
1 Jan 2014 – 31 Dec 2014163
1 Jan 2013 – 31 Dec 2013171
1 Jan 2012 – 31 Dec 2012185 Late
1 Jan 2011 – 31 Dec 2011185 Late
1 Jan 2010 – 31 Dec 2010198 Late
1 Jan 2009 – 31 Dec 2009203 Late
1 Jan 2008 – 31 Dec 2008196 Late
1 Jan 2007 – 31 Dec 2007174
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
CEOSimon HørupCurrent
CEOSimon Hørup
Owner (100%)CASHOLDING ApSCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorHallerup og Co. I/S
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderSimon HørupCurrent

The CEOs' other companies

Simon Hørup – 4 other companies, of which 3 bankrupt

Address history (3 moves)

Hammerensgade 1, 2. th, 1267 København K
Papirøen 61, 5. tv, 1436 København K
c/o Simon Hørup, Nicolai Eigtveds Gade 36, 5. th, 1402 København K
c/o Simon Hørup, Henning Matzens Vej 22, st. th, 2000 Frederiksberg

Employees per year

Number of employees at CRYSTAL ART SOFTWARE ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 020172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about CRYSTAL ART SOFTWARE ApS

Has CRYSTAL ART SOFTWARE ApS gone bankrupt?

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

What is the bankruptcy risk of CRYSTAL ART SOFTWARE ApS?

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 CRYSTAL ART SOFTWARE ApS?

Simon Hørup is the CEO of CRYSTAL ART SOFTWARE ApS.

Who is the auditor of CRYSTAL ART SOFTWARE ApS?

CRYSTAL ART SOFTWARE ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was CRYSTAL ART SOFTWARE ApS founded?

CRYSTAL ART SOFTWARE ApS was founded on 30 June 2005.

What is the equity of CRYSTAL ART SOFTWARE ApS?

Equity was DKK 19.0m 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.