IT WORKS A/S
CVR 29447063 · Public limited company (A/S) · Active · Low risk
IT WORKS A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 565k and a net result of DKK 16k. CEO: Sebastian Nielsen.
Bankruptcy risk for IT WORKS A/S
0.6 × the average (1.41%) · higher risk than 69% of active Danish companies
Increases the risk
Reduces the risk
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
- 29447063
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (20 years)
- Address
- c/o Sebastian Nielsen, Åbenrå 35, 2. th
1124 København K - Municipality
- København
- Industry
- Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 500k
- Employees
- 3 (2011)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 20 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 96.4% |
| Current ratio | 1% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 5 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -6,473 | DKK -6,188 |
| Net profit | DKK 16k | DKK 16k |
| Equity | DKK 565k | DKK 548k |
| Total assets | DKK 586k | DKK 554k |
| Cash | DKK 151 | – |
| Short-term debt | DKK 21k | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 166 | ||
| 1 Jan 2024 – 31 Dec 2024 | 163 | ||
| 1 Jan 2023 – 31 Dec 2023 | 169 | ||
| 1 Jan 2022 – 31 Dec 2022 | 178 | ||
| 1 Jan 2021 – 31 Dec 2021 | 152 | ||
| 1 Jan 2020 – 31 Dec 2020 | 88 | ||
| 1 Jan 2019 – 31 Dec 2019 | 237 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 169 | ||
| 1 Jan 2017 – 31 Dec 2017 | 162 | ||
| 1 Jan 2016 – 31 Dec 2016 | 174 | ||
| 1 Jan 2015 – 31 Dec 2015 | 159 | ||
| 1 Jan 2014 – 31 Dec 2014 | 149 | ||
| 1 Jan 2013 – 31 Dec 2013 | 151 | ||
| 1 Jan 2012 – 31 Dec 2012 | 177 | ||
| 1 Jan 2011 – 31 Dec 2011 | 185 | Late | |
| 1 Jan 2010 – 31 Dec 2010 | 158 | ||
| 1 Jan 2009 – 31 Dec 2009 | 60 | ||
| 1 Jan 2008 – 31 Dec 2008 | 158 | ||
| 1 Jan 2007 – 31 Dec 2007 | 98 | ||
| 1 Jan 2006 – 31 Dec 2006 | 121 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Sebastian Nielsen | Current | |
| Board | Jacob Vork | Current | |
| Board | Sebastian Nielsen | Current | |
| Board | Elisabet Viki Nielsen | Current | |
| Owner (100%) | LIKEABLE & INSENSITIVE ApS | Current | |
| Auditor | Exacta Revision ApS | ||
| Auditor | EXACTA GRUPPEN ApS | ||
| Founder | Sebastian Nielsen | Current |
The CEOs' other companies
Sebastian Nielsen – 2 other companies
- AXCESS NORDIC A/S Active
- TELEFACTION A/S Active
Address history (3 moves)
| c/o Sebastian Nielsen, Åbenrå 35, 2. th, 1124 København K | |
| Vester Farimagsgade 1, 5., 1606 København V | |
| Bredgade 36B, st. th, 1260 København K | |
| c/o Sebastian Nielsen, Åbenrå 35, 2. th, 1124 København K |
Former names
| IT WORKS A/S | – now |
| IT WORKS ApS | – |
Employees per year
Other companies at the same address
- Albeik IVS Bankrupt
- HGL INVEST II ApS Compulsorily dissolved
- Joachim Jensen Holding ApS Active
- LIKEABLE & INSENSITIVE ApS Active
- Mik Meisen Lokdam ApS Active
Similar companies in København
- MAINTECH CONSULT A/S Valby
- Devoteam A/S København V
- PROGRESS SOFTWARE A/S København Ø
- Darize A/S København Ø
- welwio ApS København S
- SII Group Denmark A/S København Ø
- Solvirk ApS København S
- Brun Labrador ApS København NV
- CraftWorks-IT ApS København S
- X-Report ApS København V
- WCKD ApS København S
- Failsafe ApS Vanløse
Questions and answers about IT WORKS A/S
Has IT WORKS A/S gone bankrupt?
No, IT WORKS A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of IT WORKS A/S?
Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.
Who is the CEO of IT WORKS A/S?
Sebastian Nielsen is the CEO of IT WORKS A/S.
When was IT WORKS A/S founded?
IT WORKS A/S was founded on 6 April 2006.
What is the equity of IT WORKS A/S?
Equity was DKK 565k 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.