KREAFUNK ApS

CVR 34221545 · Private limited company (ApS) · Active · Medium risk

KREAFUNK ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry fremstilling af elektronik til husholdninger. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 14 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.0m and a net result of DKK 4.7m. CEO: Kenneth Melchoff Kidmose, Ruben Fog-Fredsgaard.

Bankruptcy risk for KREAFUNK ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
34221545
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Karupvej 6
8000 Aarhus C
Municipality
Aarhus
Industry
Fremstilling af elektronik til husholdninger (264000)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 196k
Employees
13 (2018)
Auditor
REVISORHUSET GODKENDTE REVISORER A/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-27.0%
Current ratio68%
Moves (last 2 years)1
CEO changes in total8
CEO's previous bankruptcies4
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.4mDKK 4.4mDKK 8.2m
Net profitDKK 4.7mDKK -4.3mDKK -5.7m
EquityDKK -4.0mDKK -8.7mDKK -4.4m
Total assetsDKK 14.9mDKK 16.8mDKK 21.8m
CashDKK 832kDKK 78k–
Short-term debtDKK 18.6mDKK 25.2m–
Tax owed–DKK 0–
Avg. employees78–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020136
1 Jan 2019 – 31 Dec 2019262 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017134
1 Jan 2016 – 31 Dec 201664
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014159
1 Jan 2013 – 31 Dec 2013127
1 Feb 2012 – 31 Dec 2012163

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
CEOKenneth Melchoff KidmoseCurrent
CEORuben Fog-FredsgaardCurrent
CEOKenneth Melchoff Kidmose
CEORuben Fog-Fredsgaard
CEOKlaus Juhl Pedersen
CEOPeter Rumann Kjeldsen
BoardKenneth Melchoff KidmoseCurrent
BoardRuben Fog-FredsgaardCurrent
BoardOle BergsteinCurrent
BoardTommy Frejlev AndersenCurrent
BoardPeter Gerken
BoardJørgen Holtegaard Sloth Eskesen
BoardLars Dyhr Jensen
BoardPeter Rumann Kjeldsen
BoardBo Møller Frandsen
BoardSteen Jakobsen
BoardPeter Gerken
BoardPeter Rumann Kjeldsen
BoardPer Lilholt
BoardNemanja Stankovic
BoardJakob Agersnap Korsgaard
Owner (100%)Up and Onwards ApSCurrent
Owner (50%)KRNK DANMARK ApS
Owner (50%)House Doctor Group ApS
Owner (100%)KRNK DANMARK ApS
Owner (100%)Two Founders Holding ApS
Owner (33%)Hommelhoff Group A/S
Owner (50%)Two Founders Holding ApS
Owner (33%)Creari ApS
AuditorREVISORHUSET GODKENDTE REVISORER A/SCurrent
AuditorEY Danmark A/S
AuditorERNST & YOUNG DENMARK P/S
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderRuben Fog-FredsgaardCurrent

The CEOs' other companies

Kenneth Melchoff Kidmose – 7 other companies, of which 4 bankrupt

Ruben Fog-Fredsgaard – 7 other companies, of which 4 bankrupt

Klaus Juhl Pedersen – 18 other companies

Peter Rumann Kjeldsen – 2 other companies, of which 2 bankrupt

Address history (6 moves)

Karupvej 6, 8000 Aarhus C
Klamsagervej 35, st., 8230 Åbyhøj
Balticagade 19, 8000 Aarhus C
Mindet 6, 8000 Aarhus C
c/o Innova Advokatfirma, Mindet 2, 8000 Aarhus C
Industrivej 29, 7430 Ikast
c/o Ruben Fog-Fredsgaard, Bronzealdervænget 84, 8210 Aarhus V

Employees per year

Number of employees at KREAFUNK ApS per year8162013: 220132014: 320142015: 220152016: 920162017: 1620172018: 132018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about KREAFUNK ApS

Has KREAFUNK ApS gone bankrupt?

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

What is the bankruptcy risk of KREAFUNK ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of KREAFUNK ApS?

Kenneth Melchoff Kidmose, Ruben Fog-Fredsgaard are the CEOs of KREAFUNK ApS.

Who is the auditor of KREAFUNK ApS?

KREAFUNK ApS most recently used REVISORHUSET GODKENDTE REVISORER A/S.

When was KREAFUNK ApS founded?

KREAFUNK ApS was founded on 1 February 2012.

What is the equity of KREAFUNK ApS?

Equity was DKK -4.0m 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.