FRANK OLESEN ApS

CVR 29813264 · Private limited company (ApS) · Active · Low risk

FRANK OLESEN ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 17 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 562k and a net result of DKK 90k. CEO: Frank Olesen.

Bankruptcy risk for FRANK OLESEN ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
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
29813264
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Birkevej 23
7700 Thisted
Municipality
Thisted
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
0 (2017)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 17
Missing annual reportNo
Negative equityNo
Equity ratio76.5%
Current ratio286%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 542kDKK -80k
Net profitDKK 90kDKK -187k
EquityDKK 562kDKK 533k
Total assetsDKK 734kDKK 610k
CashDKK 100k–
Short-term debtDKK 172k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020198 Late
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016163
1 Jan 2015 – 31 Dec 2015165
1 Jan 2014 – 31 Dec 2014174
1 Jan 2013 – 31 Dec 2013171
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011173
1 Jan 2010 – 31 Dec 2010160
27 Oct 2008 – 31 Dec 2009152

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 OlesenCurrent
Owner (100%)Frank OlesenCurrent
AuditorREVIKON I/S
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFrank OlesenCurrent

The CEOs' other companies

Frank Olesen – 7 other companies, of which 1 bankrupt

Address history (3 moves)

Birkevej 23, 7700 Thisted
Korsgade 1, 1., 7700 Thisted
Storegade 11, 7700 Thisted
Birkevej 23, 7700 Thisted

Employees per year

Number of employees at FRANK OLESEN ApS per year112009: 120092011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 02017

Other companies at the same address

Similar companies in Thisted

Questions and answers about FRANK OLESEN ApS

Has FRANK OLESEN ApS gone bankrupt?

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

What is the bankruptcy risk of FRANK OLESEN ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of FRANK OLESEN ApS?

Frank Olesen is the CEO of FRANK OLESEN ApS.

When was FRANK OLESEN ApS founded?

FRANK OLESEN ApS was founded on 27 October 2008.

What is the equity of FRANK OLESEN ApS?

Equity was DKK 562k 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.