CIRCLE INVEST ApS

CVR 33767331 · Private limited company (ApS) · Active · Low risk

CIRCLE INVEST ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 14 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK -205k. CEO: Søren Tonnesen.

Bankruptcy risk for CIRCLE INVEST ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
33767331
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
c/o Advokat Søren Tonnesen, Paludan-Müllers Vej 4
8000 Aarhus C
Municipality
Aarhus
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 105k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 14
Missing annual reportNo
Negative equityNo
Equity ratio20.5%
Current ratio4%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -13kDKK -17kDKK -9,657
Net profitDKK -205kDKK -358kDKK 1.9m
EquityDKK 1.1mDKK 1.3mDKK 1.9m
Total assetsDKK 5.3mDKK 5.2mDKK 4.7m
Short-term debtDKK 4.2mDKK 3.9m–
Avg. employees00–

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 2025162
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023159
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018132
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013122
1 Jul 2011 – 31 Dec 2012154

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 TonnesenCurrent
CEOLars Bach Christensen
CEOMichael Leisgaard Just
BoardSøren Tonnesen
BoardMichael Leisgaard Just
BoardLars Bach Christensen
BoardSøren Sloth Kristensen
Owner (100%)Circles Holding ApSCurrent
Owner (20%)Søren Tonnesen
Owner (25%)HANSELUND HOLDING ApS
Owner (50%)LARS BACH HOLDING ApS
Owner (50%)Circles Holding ApS
Owner (67%)Circles Holding ApS
AuditorMJAKP2 I/S
AuditorMJAKP P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderSøren TonnesenCurrent

The CEOs' other companies

Søren Tonnesen – 60 other companies, of which 11 bankrupt

Lars Bach Christensen – 16 other companies, of which 3 bankrupt

Michael Leisgaard Just – 18 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Advokat Søren Tonnesen, Paludan-Müllers Vej 4, 8000 Aarhus C
c/o Advokat Søren Tonnesen, Paludan-Müllers Vej 4, 8000 Aarhus C
c/o Advokat Søren Tonnesen, Værkmestergade 2, 8000 Aarhus C
c/o Advokat Søren Tonnesen, Frue Kirkeplads 4, 8000 Aarhus C

Former names

CIRCLE INVEST ApS – now
CIRCLE INVEST ApS UNDER STIFTELSE –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about CIRCLE INVEST ApS

Has CIRCLE INVEST ApS gone bankrupt?

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

What is the bankruptcy risk of CIRCLE INVEST ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of CIRCLE INVEST ApS?

Søren Tonnesen is the CEO of CIRCLE INVEST ApS.

Who is the auditor of CIRCLE INVEST ApS?

CIRCLE INVEST ApS most recently used Beierholm.

When was CIRCLE INVEST ApS founded?

CIRCLE INVEST ApS was founded on 27 June 2011.

What is the equity of CIRCLE INVEST ApS?

Equity was DKK 1.1m 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.