INSURANCE BUSINESS APPLICATIONS A/S

CVR 33361319 · Public limited company (A/S) · Active · High risk

INSURANCE BUSINESS APPLICATIONS A/S is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 15 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 6.8m and a net result of DKK -2.4m. CEO: Søren Degn Jahns.

Bankruptcy risk for INSURANCE BUSINESS APPLICATIONS A/S

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementAndet · bankruptcy rate 0.0%0.00×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
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
33361319
Status
Active
Company type
Public limited company (A/S)
Founded
(15 years)
Address
Rued Langgaards Vej 8
2300 København S
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 948k
Employees
27 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio59.6%
Current ratio106%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address69
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 4.3mDKK 3.6mDKK 3.3m
Net profitDKK -2.4mDKK -1.4mDKK -1.6m
EquityDKK 6.8mDKK 7.0mDKK 5.1m
Total assetsDKK 11.4mDKK 12.6mDKK 11.2m
CashDKK 1.6mDKK 2.7m–
Short-term debtDKK 3.9mDKK 4.4m–
Tax owedDKK 0DKK 0–
Avg. employees2322–

Latest annual report: Reporting class B · auditor's statement: Independent Auditor’s Report · Beierholm Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 202494
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022111
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 201891
1 Jan 2017 – 31 Dec 2017136
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 201245
8 Dec 2010 – 31 Dec 2011143

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
CEOSøren Degn JahnsCurrent
CEOJesper Slot
CEOJesper Slot
BoardThomas Weilby KnudsenCurrent
BoardNiels Ulrik MortensenCurrent
BoardRolf Henrik BladtCurrent
BoardTorben BjerringCurrent
BoardSteen Rode
BoardAnders Engdal
BoardSøren Degn Jahns
BoardOle Skov
BoardOle Skov
BoardThomas Weilby Knudsen
BoardOle Skov
BoardThomas Weilby Knudsen
BoardDennis Landbo Nielsen
BoardErik Balck Sørensen
BoardKim Wiencken
BoardChristian Winther
BoardBjarne Toftlund
Owner (15%)NCP-IVS FUND III K/SCurrent
Owner (50%)BLADT & CO. ApSCurrent
Owner (15%)JA ENGDAL ApS
Owner (15%)JAHNS HOLDING ApS
Owner (33%)Business Applications Software Ltd.
Owner (25%)NCP-IVS FUND III K/S
Owner (10%)JA ENGDAL ApS
Owner (10%)JAHNS HOLDING ApS
Owner (25%)Business Applications Software Ltd.
Owner (10%)VÆKSTFONDEN
Owner (15%)ADSIDIUS ApS
Owner (15%)DACCO INVEST ApS
Owner (15%)VÆKSTFONDEN
Owner (10%)ADSIDIUS ApS
Owner (10%)DACCO INVEST ApS
Owner (25%)VÆKSTFONDEN
Owner (5%)ADSIDIUS ApS
Owner (5%)DACCO INVEST ApS
Owner (25%)NCP-IVS FUND III K/S
Owner (5%)JA ENGDAL ApS
Owner (5%)JAHNS HOLDING ApS
Owner (33%)NCP-IVS FUND III K/S
Owner (33%)VÆKSTFONDEN
Owner (33%)NCP-IVS FUND III K/S
Owner (5%)JA ENGDAL ApS
Owner (5%)JAHNS HOLDING ApS
Owner (33%)VÆKSTFONDEN
Owner (33%)NCP-IVS FUND III K/S
Owner (25%)NCP-IVS FUND III K/S
Owner (5%)Kapitalforeningen BankInvest Select
Owner (20%)BLADT & CO. ApS
Owner (33%)Danmarks Eksport- og Investeringsfond
Owner (25%)BLADT & CO. ApS
Owner (25%)Danmarks Eksport- og Investeringsfond
Owner (33%)BLADT & CO. ApS
Owner (10%)Danmarks Eksport- og Investeringsfond
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderADSIDIUS ApSCurrent

The CEOs' other companies

Søren Degn Jahns – 1 other companies

Jesper Slot – 13 other companies

Address history (3 moves)

Rued Langgaards Vej 8, 2300 København S
Gammel Kongevej 1, 4., 1610 København V
Gammel Kongevej 1, 2., 1610 København V
Herstedøstervej 27, 2620 Albertslund

Former names

INSURANCE BUSINESS APPLICATIONS A/S – now
INSURANCE BUSINESS APPLICATIONS ApS –

Employees per year

Number of employees at INSURANCE BUSINESS APPLICATIONS A/S per year20402011: 120112013: 1520132014: 2220142015: 3020152016: 4020162017: 3420172018: 272018

Other companies at the same address

Similar companies in København

Questions and answers about INSURANCE BUSINESS APPLICATIONS A/S

Has INSURANCE BUSINESS APPLICATIONS A/S gone bankrupt?

No, INSURANCE BUSINESS APPLICATIONS A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of INSURANCE BUSINESS APPLICATIONS A/S?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of INSURANCE BUSINESS APPLICATIONS A/S?

Søren Degn Jahns is the CEO of INSURANCE BUSINESS APPLICATIONS A/S.

Who is the auditor of INSURANCE BUSINESS APPLICATIONS A/S?

INSURANCE BUSINESS APPLICATIONS A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was INSURANCE BUSINESS APPLICATIONS A/S founded?

INSURANCE BUSINESS APPLICATIONS A/S was founded on 8 December 2010.

What is the equity of INSURANCE BUSINESS APPLICATIONS A/S?

Equity was DKK 6.8m 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.