FRABIT ApS

CVR 29194181 · Private limited company (ApS) · Active · Low risk

FRABIT ApS is a Private limited company (ApS), founded on , based in Helsinge. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 153k and a net result of DKK 8,694. CEO: Frank Mikael Kjølbye.

Bankruptcy risk for FRABIT 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

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · 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×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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
29194181
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Tvingsbakken 43
3200 Helsinge
Municipality
Gribskov
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
0 (2009)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 20
Missing annual reportNo
Negative equityNo
Equity ratio85.8%
Current ratio705%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 9,842DKK 4,754DKK -1,565
Net profitDKK 8,694DKK 5,134DKK -1,602
EquityDKK 153kDKK 144kDKK 139k
Total assetsDKK 178kDKK 158kDKK 154k
CashDKK 164kDKK 145k–
Short-term debtDKK 25kDKK 14k–
Tax owedDKK 1,171––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023161
1 Jan 2022 – 31 Dec 2022190 Late
1 Jan 2021 – 31 Dec 2021184 Late
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019156
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016125
1 Jan 2015 – 31 Dec 2015182
1 Jan 2014 – 31 Dec 201497
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012159
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 2007167
1 Dec 2005 – 31 Dec 2006169

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
CEOFrank Mikael KjølbyeCurrent
Owner (100%)PROVIVO HOLDING ApSCurrent
Owner (50%)Frank Mikael Kjølbye
Owner (50%)Henrik Birger Jensen
AuditorNyberg & Nielsen ejendomsudlejning I/S
AuditorAAEN & CO. ApS
AuditorNU-REVI STATSAUTORISERET REVISOR ApS
FounderPROVIVO HOLDING ApSCurrent

The CEOs' other companies

Frank Mikael Kjølbye – 1 other companies

Address history (1 moves)

Tvingsbakken 43, 3200 Helsinge
Strandboulevarden 104, 2. th, 2100 København Ø

Former names

FRABIT ApS – now
PROVIVO ApS –

Employees per year

Number of employees at FRABIT ApS per year122006: 220062007: 220072008: 220082009: 02009

Other companies at the same address

Similar companies in Gribskov

Questions and answers about FRABIT ApS

Has FRABIT ApS gone bankrupt?

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

What is the bankruptcy risk of FRABIT 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 FRABIT ApS?

Frank Mikael Kjølbye is the CEO of FRABIT ApS.

Who is the auditor of FRABIT ApS?

FRABIT ApS most recently used Beierholm.

When was FRABIT ApS founded?

FRABIT ApS was founded on 1 December 2005.

What is the equity of FRABIT ApS?

Equity was DKK 153k 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.