ETHERWARE ApS

CVR 32661416 · Private limited company (ApS) · Active · Low risk

ETHERWARE ApS is a Private limited company (ApS), founded on 22 December 2009, based in København NV. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 16 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK -224. CEO: Gert Sylvest.

Bankruptcy risk for ETHERWARE ApS

0.1%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Share of late annual reports25%–50% · 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×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

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×

Equity ratio60%+ · bankruptcy rate 3.3%0.38×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

Number of auditors (historical)2 · 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: 32661416
Status: Active
Company type: Private limited company (ApS)
Founded: 22 December 2009 (16 years)
Address: Bispebjerg Bakke 26D, 2. th
2400 København NV
Municipality: København
Industry: Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital: DKK 125k
Audit opted out: Yes

Warning signs

Annual reports filed late	4 of 16
Missing annual report	No
Negative equity	No
Equity ratio	90.0%
Current ratio	380%
Moves (last 2 years)	0
CEO changes in total	0
CEO's previous bankruptcies	0
Other companies at the address	4
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK -1,250	DKK -29k	DKK -17k
Net profit	DKK -224	DKK -91k	DKK -46k
Equity	DKK 2.1m	DKK 2.1m	DKK 2.4m
Total assets	DKK 2.4m	DKK 2.4m	DKK 2.7m
Cash	DKK 845k	DKK 857k	–
Short-term debt	DKK 239k	DKK 251k	–
Avg. employees	0	0	–

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

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	27 Jun 2026	178
1 Jan 2024 – 31 Dec 2024	4 Jul 2025	185	Late
1 Jan 2023 – 31 Dec 2023	4 Jul 2024	186	Late
1 Jan 2022 – 31 Dec 2022	28 Jun 2023	179
1 Jan 2021 – 31 Dec 2021	8 Jun 2022	159
1 Jan 2020 – 31 Dec 2020	29 Apr 2021	119
1 Jan 2019 – 31 Dec 2019	8 Jun 2020	160
1 Jan 2018 – 31 Dec 2018	3 Jun 2019	154
1 Jan 2017 – 31 Dec 2017	3 Jul 2018	184	Late
1 Jan 2016 – 31 Dec 2016	12 Jun 2017	163
1 Jan 2015 – 31 Dec 2015	2 Jun 2016	154
1 Jan 2014 – 31 Dec 2014	19 Jun 2015	170
1 Jan 2013 – 31 Dec 2013	12 Jun 2014	163
1 Jan 2012 – 31 Dec 2012	10 Apr 2013	100
1 Jan 2011 – 31 Dec 2011	2 Jul 2012	184	Late
22 Dec 2009 – 31 Dec 2010	29 Jun 2011	180

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

Role	Name	From	To
CEO	Gert Sylvest	22 Dec 2009	Current
Owner (100%)	Gert Sylvest	22 Dec 2009	Current
Auditor	EY Godkendt Revisionspartnerselskab	22 Dec 2009	27 Jun 2011
Auditor	inforevision statsautoriseret revisionsaktieselskab	27 Jun 2011	29 Nov 2022
Founder	Gert Sylvest	22 Dec 2009	Current

The CEOs' other companies

Gert Sylvest – 6 other companies

BidCo af 11. august 2021 ApS Active
CC Lingo Invest ApS Fusioneret
Holdingselskabet af 6. august ApS Active
LANGUAGEWIRE A/S Active
Languagewire Holding A/S Fusioneret
TRADESHIFT ApS Active

Address history (1 moves)

29 Mar 2021	Bispebjerg Bakke 26D, 2. th, 2400 København NV
22 Dec 2009	Bispebjerg Bakke 26C, 1. tv, 2400 København NV

Other companies at the same address

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Questions and answers about ETHERWARE ApS

Has ETHERWARE ApS gone bankrupt?

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

What is the bankruptcy risk of ETHERWARE ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of ETHERWARE ApS?

Gert Sylvest is the CEO of ETHERWARE ApS.

When was ETHERWARE ApS founded?

ETHERWARE ApS was founded on 22 December 2009.

What is the equity of ETHERWARE 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.