Development Denmark 02 ApS

CVR 32258743 · Private limited company (ApS) · Active · Medium risk

Development Denmark 02 ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 17 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -37.2m and a net result of DKK -2.1m. CEO: Lynsey Ann Blair.

Bankruptcy risk for Development Denmark 02 ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
32258743
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
c/o Regus Denmark Holding ApS, Havnegade 39
1058 København K
Municipality
København
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 125k
Employees
2 (2013)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late8 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-18,074.9%
Current ratio1%
Moves (last 2 years)1
CEO changes in total14
CEO's previous bankruptcies0
Other companies at the address221
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -7,342DKK 337k
Net profitDKK -2.1mDKK -2.3m
EquityDKK -37.2mDKK -35.1m
Total assetsDKK 206kDKK 206k
Short-term debtDKK 37.4m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Sjælland Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025198 Late
1 Jan 2024 – 31 Dec 2024196 Late
1 Jan 2023 – 31 Dec 2023214 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021215 Late
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019212 Late
1 Jan 2018 – 31 Dec 2018129
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015182
1 Jan 2014 – 31 Dec 2014183
1 Jan 2013 – 31 Dec 2013176
1 Jan 2012 – 31 Dec 2012179
1 Jan 2011 – 31 Dec 2011123
1 Jan 2010 – 31 Dec 2010150
10 Jun 2009 – 31 Dec 2009151

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
CEOLynsey Ann BlairCurrent
CEOMichael Lexner
CEOLutz Könnecker
CEOPaulo Henrique Dias
CEODominic Stephen Harrison
CEORemo Gross
CEOPatrick Bakker
CEOChristoffel Alfonsus Maria Mul
Owner (100%)FIRSTCLIENTS ApSCurrent
AuditorKPMG P/SCurrent
AuditorGR Statsautoriseret Revisionsanpartsselskab
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderNord PRINCIPAL INVESTMENTS ApSCurrent

The CEOs' other companies

Michael Lexner – 59 other companies, of which 30 bankrupt

Lutz Könnecker – 56 other companies, of which 7 bankrupt

Address history (3 moves)

c/o Regus Denmark Holding ApS, Havnegade 39, 1058 København K
Tuborg Boulevard 12, 3., 2900 Hellerup
Langebrogade 5, 1411 København K
c/o Lux Invest A/S, Kalvebod Brygge 47, st. tv, 1560 København V

Former names

Development Denmark 02 ApS – now
FIRSTCLIENTS LANGEBROGADE ApS –
KONTORHOTEL LANGEBROGADE ApS –

Employees per year

Number of employees at Development Denmark 02 ApS per year6122009: 620092011: 1020112012: 1220122013: 22013

Other companies at the same address

Similar companies in København

Questions and answers about Development Denmark 02 ApS

Has Development Denmark 02 ApS gone bankrupt?

No, Development Denmark 02 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Development Denmark 02 ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Development Denmark 02 ApS?

Lynsey Ann Blair is the CEO of Development Denmark 02 ApS.

Who is the auditor of Development Denmark 02 ApS?

Development Denmark 02 ApS most recently used KPMG P/S.

When was Development Denmark 02 ApS founded?

Development Denmark 02 ApS was founded on 10 June 2009.

What is the equity of Development Denmark 02 ApS?

Equity was DKK -37.2m 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.