THE ORGANIC COMPANY ApS

CVR 33645422 · Private limited company (ApS) · Active · High risk

THE ORGANIC COMPANY ApS is a Private limited company (ApS), founded on , based in Nordhavn. The company is registered in the industry engroshandel med tekstiler. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 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 -222k and a net result of DKK -463k. CEO: Joy Vasiljev.

Bankruptcy risk for THE ORGANIC COMPANY ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% 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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · 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
33645422
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Østersøvej 28B
2150 Nordhavn
Municipality
København
Industry
Engroshandel med tekstiler (464100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 390k
Employees
8 (2018)
Auditor
ECO-TEAM statsautoriseret revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityYes
Equity ratio-4.8%
Current ratio75%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 887kDKK 330k
Net profitDKK -463kDKK -1.1m
EquityDKK -222kDKK 241k
Total assetsDKK 4.7mDKK 4.6m
CashDKK 4,347–
Short-term debtDKK 4.9m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · ECO-TEAM statsautoriseret revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019132
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014147
1 Jan 2013 – 31 Dec 2013174
1 Jan 2012 – 31 Dec 2012176
1 Jan 2011 – 31 Dec 2011136

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
CEOJoy VasiljevCurrent
CEOJoy Vasiljev
CEORikke Bitsch-Nørhave
CEOHege Borgersen Faber
BoardJoy VasiljevCurrent
BoardRikke Bitsch-NørhaveCurrent
BoardHege Borgersen FaberCurrent
BoardPeter MidtgaardCurrent
BoardAnne Skare Nielsen
BoardJoy Vasiljev
BoardThomas Gleerup
BoardHenrik Lyngbye Pedersen
BoardJens Bitsch-Nørhave
BoardPeter Midtgaard
BoardJens Christian Geo Iermiin
Owner (10%)SPROUT INVEST ApSCurrent
Owner (5%)HEBOFA Holding ApSCurrent
Owner (33%)IT MATTERS HOLDING ApSCurrent
Owner (33%)GNIVIL HOLDING ApSCurrent
Owner (25%)SPROUT INVEST ApS
Owner (67%)Joy Vasiljev
Owner (50%)Joy Vasiljev
Owner (20%)GNIVIL HOLDING ApS
Owner (20%)SPROUT INVEST ApS
Owner (15%)GNIVIL HOLDING ApS
Owner (50%)IT MATTERS HOLDING ApS
AuditorKreston CM Statsautoriseret Revisions interessentskab
AuditorEY Godkendt Revisionspartnerselskab
FounderJoy VasiljevCurrent

The CEOs' other companies

Joy Vasiljev – 1 other companies

Rikke Bitsch-Nørhave – 1 other companies

Hege Borgersen Faber – 1 other companies

Address history (4 moves)

Østersøvej 28B, 2150 Nordhavn
Østersøvej 28B, 2150 Nordhavn
c/o Joy Vasiljev, Tuborg Bakkedrag 16, 1. tv, 2900 Hellerup
Rådmandsgade 10A, 1., 2200 København N
Refshalevej 110A, 1432 København K

Employees per year

Number of employees at THE ORGANIC COMPANY ApS per year482011: 220112012: 220122013: 220132014: 320142015: 320152016: 320162017: 720172018: 82018

Other companies at the same address

Similar companies in København

Questions and answers about THE ORGANIC COMPANY ApS

Has THE ORGANIC COMPANY ApS gone bankrupt?

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

What is the bankruptcy risk of THE ORGANIC COMPANY ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of THE ORGANIC COMPANY ApS?

Joy Vasiljev is the CEO of THE ORGANIC COMPANY ApS.

Who is the auditor of THE ORGANIC COMPANY ApS?

THE ORGANIC COMPANY ApS most recently used ECO-TEAM statsautoriseret revisionsanpartsselskab.

When was THE ORGANIC COMPANY ApS founded?

THE ORGANIC COMPANY ApS was founded on 10 May 2011.

What is the equity of THE ORGANIC COMPANY ApS?

Equity was DKK -222k 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.