InterCode ApS

CVR 31071739 · Private limited company (ApS) · Active · Medium risk

InterCode ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 18 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.7m and a net result of DKK -4.8m.

Bankruptcy risk for InterCode ApS

1.9%
probability of bankruptcy within 12 months
Medium risk

1.3 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
31071739
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Banegårdsgade 2
8700 Horsens
Municipality
Horsens
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Employees
5 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-471.1%
Current ratio18%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address51
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.3mDKK 1.3m
Net profitDKK -4.8mDKK -329k
EquityDKK -4.7mDKK 87k
Total assetsDKK 995kDKK 453k
CashDKK 248k–
Short-term debtDKK 5.7m–
Avg. employees7–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024186 Late
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021193 Late
1 Jan 2020 – 31 Dec 2020119
1 Jan 2019 – 31 Dec 2019204 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015150
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013139
1 Jan 2012 – 31 Dec 2012148
1 Jan 2011 – 31 Dec 2011101
1 Jan 2010 – 31 Dec 2010116
1 Jan 2009 – 31 Dec 2009133
16 Nov 2007 – 31 Dec 2008155

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
CEOJacob Stengade
BoardTor Kindt Christensen
BoardArne Fredens
BoardIvan Tyrsted
BoardKlaus Holmsberg
BoardTroels Vognsen
BoardClaus Lindholm-Olsen
BoardJacob Stengade
BoardKim Bleshøy Nielsen
BoardThomas Wiborg Steen
BoardNiels Henrik Duevang Jørgensen
BoardMikkel Krautz
BoardKim Bleshøy Nielsen
Owner (100%)PayProff A/SCurrent
Owner (33%)Jacob Stengade
Owner (33%)Kim Bleshøy Nielsen
Owner (10%)Ivan Tyrsted
Owner (33%)KOMMUNIKATIONSFYRTÅRNET ApS
Owner (10%)Mikkel Krautz
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorInvesteringsselskabet af 20. september 2008 ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderTor Kindt ChristensenCurrent
FounderJacob StengadeCurrent
FounderKim Bleshøy NielsenCurrent
FounderForsknings-, Uddannelses- og DigitaliseringsministerietCurrent
FounderSYDDANSK INNOVATION ApSCurrent

Address history (4 moves)

Banegårdsgade 2, 8700 Horsens
Torvet 21, 6700 Esbjerg
Kirkegade 6, 6700 Esbjerg
Kirkegade 10, 6700 Esbjerg
Niels Bohrs Vej 8, 6700 Esbjerg

Former names

InterCode ApS – now
INTERTISEMENT ApS –

Employees per year

Number of employees at InterCode ApS per year482011: 320112012: 620122013: 820132014: 420142015: 620152016: 520162017: 520172018: 52018

Other companies at the same address

Similar companies in Horsens

Questions and answers about InterCode ApS

Has InterCode ApS gone bankrupt?

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

What is the bankruptcy risk of InterCode ApS?

Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.

Who is the auditor of InterCode ApS?

InterCode ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was InterCode ApS founded?

InterCode ApS was founded on 16 November 2007.

What is the equity of InterCode ApS?

Equity was DKK -4.7m 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.