Handmade Software ApS

CVR 29797706 · Private limited company (ApS) · Active · Low risk

Handmade Software ApS is a Private limited company (ApS), founded on , based in København Ø. 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. 19 annual reports have been published, of which 18 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -103k and a net result of DKK -105k.

Bankruptcy risk for Handmade Software ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
29797706
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Ryparken 78, 1. tv
2100 København Ø
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late18 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-84.9%
Current ratio54%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 713kDKK 800k
Gross profitDKK 0DKK 713kDKK 800k
Net profitDKK -105kDKK -11kDKK 8,019
EquityDKK -103kDKK 1,755DKK 11k
Total assetsDKK 121kDKK 546kDKK 301k
CashDKK 121kDKK 413k–
Short-term debtDKK 224kDKK 544k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024215 Late
1 Jan 2023 – 31 Dec 2023227 Late
1 Jan 2022 – 31 Dec 2022190 Late
1 Jan 2021 – 31 Dec 2021206 Late
1 Jan 2020 – 31 Dec 2020218 Late
1 Jan 2019 – 31 Dec 2019274 Late
1 Jan 2018 – 31 Dec 2018195 Late
1 Jan 2017 – 31 Dec 2017190 Late
1 Jan 2016 – 31 Dec 2016186 Late
1 Jan 2015 – 31 Dec 2015188 Late
1 Jan 2014 – 31 Dec 2014198 Late
1 Jan 2013 – 31 Dec 2013195 Late
1 Jan 2012 – 31 Dec 2012199 Late
1 Jan 2011 – 31 Dec 2011200 Late
1 Jan 2010 – 31 Dec 2010188 Late
1 Jan 2009 – 31 Dec 2009192 Late
1 Jan 2008 – 31 Dec 2008182
10 Nov 2006 – 31 Dec 2007188 Late

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
Owner (100%)Michael Kåre BalieuCurrent
FounderMichael Kåre BalieuCurrent

Address history (1 moves)

Ryparken 78, 1. tv, 2100 København Ø
c/o Michael Balieu, Ryparken 78, 1. tv, 2100 København Ø

Former names

Handmade Software ApS – now
HANDMADE SOFTWARE ApS –

Employees per year

Number of employees at Handmade Software ApS per year112011: 120112012: 020122013: 120132014: 120142015: 120152016: 020162017: 120172018: 12018

Similar companies in København

Questions and answers about Handmade Software ApS

Has Handmade Software ApS gone bankrupt?

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

What is the bankruptcy risk of Handmade Software ApS?

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.

When was Handmade Software ApS founded?

Handmade Software ApS was founded on 10 November 2006.

What is the equity of Handmade Software ApS?

Equity was DKK -103k 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.