PROPELLANT SYSTEMS ApS

CVR 34081409 · Private limited company (ApS) · Active · Low risk

PROPELLANT SYSTEMS ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 (30 Jun 2025) shows equity of DKK 519k and a net result of DKK 18k.

Bankruptcy risk for PROPELLANT SYSTEMS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · 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×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
34081409
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Pilestræde 52C, 1. th
1112 København K
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 80k
Auditor
CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityNo
Equity ratio49.0%
Current ratio197%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address50
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 23kDKK 283kDKK 205k
Net profitDKK 18kDKK 221kDKK 164k
EquityDKK 519kDKK 500kDKK 279k
Total assetsDKK 1.1mDKK 1.1mDKK 836k
CashDKK 977kDKK 886k–
Short-term debtDKK 538kDKK 568k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision Sjælland Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026118
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024107
1 Jul 2022 – 30 Jun 2023117
1 Jul 2021 – 30 Jun 2022133
1 Jul 2020 – 30 Jun 2021166
1 Jul 2019 – 30 Jun 2020171
1 Jul 2018 – 30 Jun 2019180
1 Jul 2017 – 30 Jun 2018172
1 Jul 2016 – 30 Jun 2017151
1 Jul 2015 – 30 Jun 2016132
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014164
1 Jul 2012 – 30 Jun 2013158
13 Dec 2011 – 30 Jun 2012191 Late

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
Owner (100%)XO 360 ApSCurrent
Owner (100%)Flodin Holding ApS
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorHans Peter Jørgensen Statsautoriseret revisor
AuditorAAEN & CO. STATSAUTORISEREDE REVISORER P/S
FounderFlodin Holding ApSCurrent

Address history (3 moves)

Pilestræde 52C, 1. th, 1112 København K
Pilestræde 28A, 2. 2, 1112 København K
Købmagergade 22, 1150 København K
Antonigade 2, 1106 København K

Other companies at the same address

Similar companies in København

Questions and answers about PROPELLANT SYSTEMS ApS

Has PROPELLANT SYSTEMS ApS gone bankrupt?

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

What is the bankruptcy risk of PROPELLANT SYSTEMS ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of PROPELLANT SYSTEMS ApS?

PROPELLANT SYSTEMS ApS most recently used CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was PROPELLANT SYSTEMS ApS founded?

PROPELLANT SYSTEMS ApS was founded on 13 December 2011.

What is the equity of PROPELLANT SYSTEMS ApS?

Equity was DKK 519k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.