FROGGY ApS

CVR 32438660 · Private limited company (ApS) · Active · High risk

FROGGY ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 16 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -745k and a net result of DKK 1.6m. CEO: Benjamin Holst Rasoulinia.

Bankruptcy risk for FROGGY ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
32438660
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Vestergade 68 1
5000 Odense C
Municipality
Odense
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 263k
Employees
53 (2018)
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-23.8%
Current ratio64%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address35
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 7.5mDKK 7.6mDKK 6.4m
Net profitDKK 1.6mDKK 334kDKK -1.4m
EquityDKK -745kDKK -2.3mDKK -3.1m
Total assetsDKK 3.1mDKK 3.0mDKK 3.6m
CashDKK 303kDKK 47k–
Short-term debtDKK 3.8mDKK 5.0m–
Avg. employees1722–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revision &amp; Råd, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019191 Late
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015163
1 Jan 2014 – 31 Dec 2014161
1 Jan 2013 – 31 Dec 2013157
1 Jan 2012 – 31 Dec 2012171
1 Jan 2011 – 31 Dec 2011136
26 Aug 2009 – 31 Dec 2010159

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
CEOBenjamin Holst RasouliniaCurrent
CEOMohammad Reza Rassouli Nia
CEOAhmad Rasoulinia
CEOVibeke Holst Andersen
Owner (5%)Dhan Bahadur ChandCurrent
Owner (90%)HOLDINGANPARTSSELSKABET AF 26. AUGUST 2009Current
Owner (100%)HOLDINGANPARTSSELSKABET AF 26. AUGUST 2009
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorJKPT ApS
AuditorLLM STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorR&R STATSAUTORISERET REVISIONSANPARTSSELSKAB
FounderHOLDINGANPARTSSELSKABET AF 26. AUGUST 2009Current

The CEOs' other companies

Benjamin Holst Rasoulinia – 4 other companies

Mohammad Reza Rassouli Nia – 1 other companies

Vibeke Holst Andersen – 2 other companies

Address history (2 moves)

Vestergade 68 1, 5000 Odense C
Vestergade 68, 5000 Odense C
Vestergade 68, 1., 5000 Odense C

Employees per year

Number of employees at FROGGY ApS per year34672011: 4020112012: 4420122013: 5420132014: 4320142015: 5120152016: 6720162017: 4420172018: 532018

Other companies at the same address

Similar companies in Odense

Questions and answers about FROGGY ApS

Has FROGGY ApS gone bankrupt?

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

What is the bankruptcy risk of FROGGY ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of FROGGY ApS?

Benjamin Holst Rasoulinia is the CEO of FROGGY ApS.

Who is the auditor of FROGGY ApS?

FROGGY ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was FROGGY ApS founded?

FROGGY ApS was founded on 26 August 2009.

What is the equity of FROGGY ApS?

Equity was DKK -745k 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.