Smultron Studio ApS

CVR 31854202 · Private limited company (ApS) · Active · Low risk

Smultron Studio ApS is a Private limited company (ApS), founded on , based in Fårevejle. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 18 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.1m and a net result of DKK -741k. CEO: Jesper Bülow, Birgitte Hetland Bülow.

Bankruptcy risk for Smultron Studio ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
31854202
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Harebjerg 11
4540 Fårevejle
Municipality
Odsherred
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 500k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 18
Missing annual reportNo
Negative equityYes
Equity ratio-933.0%
Current ratio10%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -139kDKK -60kDKK 106k
Net profitDKK -741kDKK -420kDKK -438k
EquityDKK -2.1mDKK -1.4mDKK -963k
Total assetsDKK 228kDKK 477kDKK 422k
CashDKK 954DKK 123k–
Short-term debtDKK 2.4mDKK 1.9m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021178
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019148
1 Jan 2018 – 31 Dec 201895
1 Jan 2017 – 31 Dec 201773
1 Jan 2016 – 31 Dec 201694
1 Jan 2015 – 31 Dec 2015131
1 Jan 2014 – 31 Dec 201489
1 Jan 2013 – 31 Dec 2013113
1 Jan 2012 – 31 Dec 201294
1 Jan 2011 – 31 Dec 201182
1 Jan 2010 – 31 Dec 201087
1 Jan 2009 – 31 Dec 200957
1 Jan 2008 – 31 Dec 2008154

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
CEOJesper BülowCurrent
CEOBirgitte Hetland BülowCurrent
BoardSøren Hemming Sørensen
BoardGert Vinhardt Josephsen
BoardJesper Bülow
Owner (100%)Smultron ApSCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorREVIDA REVISIONSANPARTSSELSKAB

The CEOs' other companies

Jesper Bülow – 6 other companies

Birgitte Hetland Bülow – 4 other companies, of which 1 bankrupt

Address history (4 moves)

Harebjerg 11, 4540 Fårevejle
Ewaldsbakken 19, 2900 Hellerup
Nørrebrogade 184, 2200 København N
Nørrebrogade 176, 1., 2200 København N
Amaliegade 14A, 1256 København K

Former names

Smultron Studio ApS – now
Smultron 2007 ApS –
BEZZERWIZZER WORLD ApS –

Similar companies in Odsherred

Questions and answers about Smultron Studio ApS

Has Smultron Studio ApS gone bankrupt?

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

What is the bankruptcy risk of Smultron Studio ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Smultron Studio ApS?

Jesper Bülow, Birgitte Hetland Bülow are the CEOs of Smultron Studio ApS.

Who is the auditor of Smultron Studio ApS?

Smultron Studio ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Smultron Studio ApS founded?

Smultron Studio ApS was founded on 21 October 2008.

What is the equity of Smultron Studio ApS?

Equity was DKK -2.1m 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.