INCIPIA ApS

CVR 31894425 · Private limited company (ApS) · Active · Low risk

INCIPIA ApS is a Private limited company (ApS), founded on , based in Holte. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 658k and a net result of DKK 130k. CEO: Hasse Stig Steenbuch.

Bankruptcy risk for INCIPIA 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%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
31894425
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Søllerødvej 64
2840 Holte
Municipality
Rudersdal
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 125k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 17
Missing annual reportNo
Negative equityNo
Equity ratio66.5%
Current ratio291%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 1.1m
Net profitDKK 130kDKK 45k
EquityDKK 658kDKK 573k
Total assetsDKK 990kDKK 843k
CashDKK 551k–
Short-term debtDKK 332k–
Tax owedDKK 41k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023166
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019168
1 Jan 2018 – 31 Dec 2018129
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011157
1 Jan 2010 – 31 Dec 2010123
1 Jan 2009 – 31 Dec 2009153

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
CEOHasse Stig SteenbuchCurrent
CEOMorten Lyngstrand Baagø
Owner (100%)HOLDING FOR MORE ApSCurrent
FounderHOLDING FOR MORE ApSCurrent
FounderQVATRO HOLDING ApSCurrent

The CEOs' other companies

Hasse Stig Steenbuch – 2 other companies

Morten Lyngstrand Baagø – 1 other companies

Address history (4 moves)

Søllerødvej 64, 2840 Holte
Frydenlundsvej 30, 2950 Vedbæk
Avderødvej 27B, 2980 Kokkedal
Sauntesvej 13, 1., 2820 Gentofte
Holmegårdsvej 23B, 3400 Hillerød

Employees per year

Number of employees at INCIPIA ApS per year122011: 220112012: 120122013: 120132014: 120142015: 120152016: 120162017: 220172018: 22018

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about INCIPIA ApS

Has INCIPIA ApS gone bankrupt?

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

What is the bankruptcy risk of INCIPIA 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 INCIPIA ApS?

Hasse Stig Steenbuch is the CEO of INCIPIA ApS.

When was INCIPIA ApS founded?

INCIPIA ApS was founded on 1 January 2009.

What is the equity of INCIPIA ApS?

Equity was DKK 658k 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.