BEARPATH ApS

CVR 32895190 · Private limited company (ApS) · Active · Very high risk

BEARPATH ApS is a Private limited company (ApS), founded on , based in Mårslet. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 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 -192k and a net result of DKK -252k. CEO: Michel Timmo Johansen.

Bankruptcy risk for BEARPATH ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% 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's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
32895190
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Englodden 8
8320 Mårslet
Municipality
Aarhus
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 80k
Employees
2 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 16
Missing annual reportNo
Negative equityYes
Equity ratio-103.4%
Current ratio14%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 251kDKK 805kDKK 1.2m
Net profitDKK -252kDKK -69kDKK -39k
EquityDKK -192kDKK 60kDKK 251k
Total assetsDKK 185kDKK 436kDKK 839k
CashDKK 0DKK 26k–
Short-term debtDKK 308kDKK 259k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025172
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023146
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016115
1 Jan 2015 – 31 Dec 2015105
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013100
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011158
10 May 2010 – 31 Dec 2010158

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
CEOMichel Timmo JohansenCurrent
Owner (100%)Michel Timmo JohansenCurrent
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
FounderMichel Timmo JohansenCurrent

The CEOs' other companies

Michel Timmo Johansen – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Englodden 8, 8320 Mårslet

Former names

BEARPATH ApS – now
BEARPATH HOLDING ApS –

Employees per year

Number of employees at BEARPATH ApS per year122012: 120122013: 120132014: 120142015: 120152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about BEARPATH ApS

Has BEARPATH ApS gone bankrupt?

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

What is the bankruptcy risk of BEARPATH ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of BEARPATH ApS?

Michel Timmo Johansen is the CEO of BEARPATH ApS.

Who is the auditor of BEARPATH ApS?

BEARPATH ApS most recently used Beierholm.

When was BEARPATH ApS founded?

BEARPATH ApS was founded on 10 May 2010.

What is the equity of BEARPATH ApS?

Equity was DKK -192k 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.