RELIANCE A/S

CVR 29145229 · Public limited company (A/S) · Active · Low risk

RELIANCE A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry public relations og kommunikation. 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. The latest annual report (31 Dec 2025) shows equity of DKK 1.3m and a net result of DKK 246k.

Bankruptcy risk for RELIANCE A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%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×
Auditor's statementReview · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · 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
29145229
Status
Active
Company type
Public limited company (A/S)
Founded
(21 years)
Address
Nørre Søgade 23, 5. th
1370 København K
Municipality
København
Industry
Public relations og kommunikation (733000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 501k
Employees
0 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio83.5%
Current ratio606%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 989kDKK 1.1mDKK 2.2m
Net profitDKK 246kDKK 387kDKK 1.2m
EquityDKK 1.3mDKK 1.4mDKK 2.3m
Total assetsDKK 1.6mDKK 1.7mDKK 2.9m
CashDKK 1.3mDKK 1.4m–
Short-term debtDKK 258kDKK 205k–
Tax owedDKK 78kDKK 118k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæringer (review) · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202528
1 Jan 2024 – 31 Dec 202451
1 Jan 2023 – 31 Dec 202331
1 Jan 2022 – 31 Dec 202242
1 Jan 2021 – 31 Dec 202148
1 Jan 2020 – 31 Dec 202067
1 Jan 2019 – 31 Dec 201951
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 201160
1 Jan 2010 – 31 Dec 2010145
1 Jan 2009 – 31 Dec 2009104
1 Jan 2008 – 31 Dec 2008125
1 Jan 2007 – 31 Dec 2007148
19 Oct 2005 – 31 Dec 200681

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
CEONicolai Jung
BoardNicolai JungCurrent
BoardPoul Michael Plum LykkesfeldtCurrent
BoardBjarne Mølgaard KnudsenCurrent
BoardSimon Heising
BoardLizette Heising
BoardKurt Anker Nielsen
BoardJesper Højberg Christensen
BoardPeter Bysted
BoardSteen Ernland
Owner (100%)Reliance Holding ApSCurrent
Owner (100%)Poul Michael Plum Lykkesfeldt
AuditorREVISION KØBENHAVN 2012 ApS
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderRELIANCE HOLDING ApSCurrent
FounderNicolai Jung

The CEOs' other companies

Nicolai Jung – 17 other companies, of which 3 bankrupt

Address history (5 moves)

Nørre Søgade 23, 5. th, 1370 København K
Åbenrå 28, 3. tv, 1124 København K
Åbenrå 28, 1124 København K
Strandvejen 60, 5., 2900 Hellerup
Kronprinsensgade 13, 5., 1114 København K
c/o Centura Advokater, Lersø Parkallé 42, 2100 København Ø

Employees per year

Number of employees at RELIANCE A/S per year232008: 120082009: 120092011: 320112012: 220122013: 220132014: 020142015: 020152018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about RELIANCE A/S

Has RELIANCE A/S gone bankrupt?

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

What is the bankruptcy risk of RELIANCE A/S?

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.

Who is the auditor of RELIANCE A/S?

RELIANCE A/S most recently used Beierholm.

When was RELIANCE A/S founded?

RELIANCE A/S was founded on 19 October 2005.

What is the equity of RELIANCE A/S?

Equity was DKK 1.3m 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.