IPAPER A/S

CVR 29520151 · Public limited company (A/S) · Active · Low risk

IPAPER A/S is a Public limited company (A/S), founded on , based in Aarhus C. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.0% 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 8.8m and a net result of DKK 3.3m. CEO: Mark Sjøner Rasmussen.

Bankruptcy risk for IPAPER A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
29520151
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Karupvej 2D, 3. th
8000 Aarhus C
Municipality
Aarhus
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
33 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio29.0%
Current ratio114%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 34.4mDKK 34.5mDKK 35.2m
Net profitDKK 3.3mDKK 5.0mDKK 5.6m
EquityDKK 8.8mDKK 9.8mDKK 8.4m
Total assetsDKK 30.4mDKK 32.7mDKK 33.8m
CashDKK 5.5mDKK 4.8m–
Short-term debtDKK 21.0mDKK 21.6m–
Avg. employees3840–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202569
1 Jan 2024 – 31 Dec 202487
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 202293
1 Jan 2021 – 31 Dec 2021140
1 Jan 2020 – 31 Dec 202081
1 Jan 2019 – 31 Dec 201957
1 Jan 2018 – 31 Dec 201861
1 Jan 2017 – 31 Dec 201768
1 Jan 2016 – 31 Dec 201697
1 Jan 2015 – 31 Dec 201563
1 Jan 2014 – 31 Dec 2014103
1 Jan 2013 – 31 Dec 201348
1 Jan 2012 – 31 Dec 2012106
1 Jan 2011 – 31 Dec 2011134
1 Jan 2010 – 31 Dec 2010132
1 Jan 2009 – 31 Dec 200949
1 Jan 2008 – 31 Dec 200839
1 Jan 2007 – 31 Dec 200742
27 Apr 2006 – 31 Dec 200630

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
CEOMark Sjøner RasmussenCurrent
CEONicholai Lambert Hindrichsen
CEOJesper Holm Joensen
CEOMorten Duch
CEONicholai Lambert Hindrichsen
CEOAnders Vadet Dahl
BoardNicholai Lambert HindrichsenCurrent
BoardJesper Holm JoensenCurrent
BoardMark Sjøner RasmussenCurrent
BoardMorten Duch
BoardAnders Vadet Dahl
BoardSteen Trier Hansen
BoardLars Krull
BoardKarsten Kenneth Andersen
BoardLars-Christian Brask
BoardMartin Buch Thorborg
BoardMartin Silva Quach
Owner (25%)MSR HOLDING ApSCurrent
Owner (67%)NZ HOLDING ApSCurrent
Owner (90%)NZ HOLDING ApS
Owner (10%)MSR HOLDING ApS
Owner (67%)NZ HOLDING ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorREVISORHUSET GODKENDTE REVISORER A/S
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderNZ HOLDING ApSCurrent

The CEOs' other companies

Mark Sjøner Rasmussen – 2 other companies

Nicholai Lambert Hindrichsen – 6 other companies

Jesper Holm Joensen – 7 other companies

Morten Duch – 15 other companies, of which 1 bankrupt

Anders Vadet Dahl – 11 other companies, of which 1 bankrupt

Address history (3 moves)

Karupvej 2D, 3. th, 8000 Aarhus C
Silkeborgvej 43, 1., 8000 Aarhus C
Åboulevarden 3, 2., 8000 Aarhus C
Filmbyen 21, 8000 Aarhus C

Former names

IPAPER A/S – now
IPAPER ApS –

Employees per year

Number of employees at IPAPER A/S per year17332011: 1220112012: 1220122013: 1820132014: 1820142015: 1820152016: 2020162017: 2520172018: 332018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about IPAPER A/S

Has IPAPER A/S gone bankrupt?

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

What is the bankruptcy risk of IPAPER A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of IPAPER A/S?

Mark Sjøner Rasmussen is the CEO of IPAPER A/S.

Who is the auditor of IPAPER A/S?

IPAPER A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was IPAPER A/S founded?

IPAPER A/S was founded on 27 April 2006.

What is the equity of IPAPER A/S?

Equity was DKK 8.8m 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.