RED ASSOCIATES HOLDING A/S

CVR 31076927 · Public limited company (A/S) · Active · Low risk

RED ASSOCIATES HOLDING A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 19 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 14.8m and a net result of DKK -3.4m. CEO: Anne Mette Worsøe Lottrup.

Bankruptcy risk for RED ASSOCIATES HOLDING A/S

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
31076927
Status
Active
Company type
Public limited company (A/S)
Founded
(18 years)
Address
Kronprinsessegade 20, 2.
1306 København K
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 726k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 19
Missing annual reportNo
Negative equityNo
Equity ratio29.6%
Current ratio6,071%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -90kDKK -124kDKK -424k
Net profitDKK -3.4mDKK 4.0mDKK 242k
EquityDKK 14.8mDKK 14.2mDKK 11.8m
Total assetsDKK 49.9mDKK 50.0mDKK 53.8m
CashDKK 148kDKK 151k–
Short-term debtDKK 416kDKK 325k–
Tax owedDKK 133kDKK 0–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017171
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 201591
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013142
1 Jan 2012 – 31 Dec 2012119
1 Jan 2011 – 31 Dec 201189
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008109
21 Nov 2007 – 31 Dec 2007148

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
CEOAnne Mette Worsøe LottrupCurrent
CEOCharlotte Vangsgaard
CEOLynda Ann Cuza
CEOMillie Parekh Arora
CEOMads Holme
BoardFilip Steenberg LauCurrent
BoardCharlotte VangsgaardCurrent
BoardMillie Parekh AroraCurrent
BoardHans Henrik Beck
BoardFrederik Wiedemann
BoardPeter Perregaard
BoardAnders Byriel
BoardMikkel Bethlowsky Rasmussen
BoardFilip Steenberg Lau
BoardChristian Madsbjerg
BoardWilliam Ervin Hoover
BoardCharlotte Vangsgaard
BoardJun Lee
BoardJudith Ann Rosenblum
BoardMikkel Brok-Kristensen
BoardCharlotte Vangsgaard
BoardGajen Kandiah
BoardPaul Roehrig
BoardAnn Rochelle Smith
BoardTimothy John Crowhurst
BoardMads Holme
BoardMikkel Krüger Krenchel
BoardMillie Parekh Arora
Owner (100%)ReD TopCo ApSCurrent
Owner (15%)MADSBJERG HOLDING ApS
Owner (15%)BETHLOWSKY & CO ApS
Owner (10%)INVESTERINGSSELSKABET AF 19.12.2000 ApS
Owner (10%)INVESTERINGSSELSKABET AF DEN 08.08.2008 ApS
Owner (10%)Jun Lee
Owner (5%)Mikkel Brok-Kristensen
Owner (5%)William Ervin Hoover
Owner (10%)RED ASSOCIATES HOLDING A/S
Owner (10%)Mikkel Brok-Kristensen
Owner (5%)RED ASSOCIATES HOLDING A/S
Owner (10%)Brokshenas Holding ApS
Owner (15%)MADSBJERG HOLDING ApS
Owner (5%)RED ASSOCIATES HOLDING A/S
Owner (25%)BETHLOWSKY & CO ApS
Owner (5%)Christian Madsbjerg
Owner (5%)Mikkel Bethlowsky Rasmussen
Owner (25%)Red Partner Holding ApS
Owner (10%)INVESTERINGSSELSKABET AF DEN 08.08.2008 ApS
Owner (33%)Cognizant Worldwide Ltd.
Owner (100%)Cognizant Worldwide Ltd.
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorGRANT THORNTON, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderMADSBJERG HOLDING ApSCurrent
FounderFMF HOLDING ApSCurrent

The CEOs' other companies

Anne Mette Worsøe Lottrup – 3 other companies

Charlotte Vangsgaard – 7 other companies

Mads Holme – 4 other companies

Address history (0 moves)

Kronprinsessegade 20, 2., 1306 København K

Other companies at the same address

Similar companies in København

Questions and answers about RED ASSOCIATES HOLDING A/S

Has RED ASSOCIATES HOLDING A/S gone bankrupt?

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

What is the bankruptcy risk of RED ASSOCIATES HOLDING A/S?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of RED ASSOCIATES HOLDING A/S?

Anne Mette Worsøe Lottrup is the CEO of RED ASSOCIATES HOLDING A/S.

Who is the auditor of RED ASSOCIATES HOLDING A/S?

RED ASSOCIATES HOLDING A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was RED ASSOCIATES HOLDING A/S founded?

RED ASSOCIATES HOLDING A/S was founded on 21 November 2007.

What is the equity of RED ASSOCIATES HOLDING A/S?

Equity was DKK 14.8m 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.