AXXO ApS

CVR 30729811 · Private limited company (ApS) · Active · Very high risk

AXXO ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry vikarbureauers aktiviteter og anden personaleformidling. Our model estimates a bankruptcy risk of 7.2% over the next 12 months, which is 5.1 times the average for Danish companies. 19 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 -489k and a net result of DKK 1,316. CEO: Michael Andreas Rasmussen.

Bankruptcy risk for AXXO ApS

7.2%
probability of bankruptcy within 12 months
Very high risk

5.1 × the average (1.41%) · higher risk than 95% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
30729811
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Stationsplads 4
8500 Grenaa
Municipality
Norddjurs
Industry
Vikarbureauers aktiviteter og anden personaleformidling (782000)
Bankruptcies in the industry: Vikarbureauer
Share capital
DKK 125k
Employees
0 (2013)
Auditor
RéVision+ Statsautoriseret Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-1,522.3%
Current ratio6%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies3
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -14kDKK 31k
Net profitDKK 1,316DKK -68kDKK 4,531
EquityDKK -489kDKK -490kDKK -422k
Total assetsDKK 32kDKK 69kDKK 50k
CashDKK 0DKK 19k–
Short-term debtDKK 521kDKK 559k–
Tax owedDKK 0DKK 1,254–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023223 Late
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018176
1 Jan 2017 – 31 Dec 2017168
1 Jan 2016 – 31 Dec 2016160
1 Jan 2015 – 31 Dec 2015172
1 Jan 2014 – 31 Dec 2014179
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012170
1 Jan 2011 – 31 Dec 2011173
1 Jan 2010 – 31 Dec 2010174
1 Jan 2009 – 31 Dec 2009158
1 Jan 2008 – 31 Dec 2008169
30 Jul 2007 – 31 Dec 2007111

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
CEOMichael Andreas RasmussenCurrent
CEOUsha Rasmussen
BoardMichael Andreas Rasmussen
BoardSven Erik Christensen
BoardUlla Christensen
BoardUsha Rasmussen
Owner (100%)MICUS HOLDING ApSCurrent
AuditorRéVision+ Statsautoriseret RevisionsanpartsselskabCurrent
AuditorMOKIA P/S
AuditorØKOFLEX A/S
AuditorRVG PARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorROBÆK Statsautoriseret Revisionsaktieselskab
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderUsha RasmussenCurrent

The CEOs' other companies

Michael Andreas Rasmussen – 12 other companies, of which 4 bankrupt

Usha Rasmussen – 6 other companies

Address history (8 moves)

Stationsplads 4, 8500 Grenaa
Egsagervej 12, 8230 Åbyhøj
Tempovej 6, 8500 Grenaa
Østerbrogade 45, 2., 8500 Grenaa
Århusvej 22A, st. tv, 8500 Grenaa
Århusvej 22A, 8500 Grenaa
Violskrænten 8B, 8500 Grenaa
Kattegatvej 3, 8500 Grenaa
Bavnehøjvej 27, 8500 Grenaa

Former names

AXXO ApS – now
Progress Group ApS –
Progress Denmark ApS –
Dansk Retail Service ApS –
Clean Engros Danmark ApS –
Dansk Rengøring & Facility Service ApS –
MICUS ApS –
MICUS INVEST ApS –
MICUS ApS –
MICUS TOTALSERVICE ApS –

Employees per year

Number of employees at AXXO ApS per year112008: 120082009: 120092011: 020112012: 120122013: 02013

Other companies at the same address

Similar companies in Norddjurs

Questions and answers about AXXO ApS

Has AXXO ApS gone bankrupt?

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

What is the bankruptcy risk of AXXO ApS?

Our model estimates a bankruptcy risk of 7.2% over the next 12 months (very high risk), which is 5.1 times the average for Danish companies.

Who is the CEO of AXXO ApS?

Michael Andreas Rasmussen is the CEO of AXXO ApS.

Who is the auditor of AXXO ApS?

AXXO ApS most recently used RéVision+ Statsautoriseret Revisionsanpartsselskab.

When was AXXO ApS founded?

AXXO ApS was founded on 30 July 2007.

What is the equity of AXXO ApS?

Equity was DKK -489k 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.