FRIBAA SOLUTIONS ApS

CVR 34466130 · Private limited company (ApS) · Active · Medium risk

FRIBAA SOLUTIONS ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 14 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 -85k and a net result of DKK -138k. CEO: Allan Frikke Hansen.

Bankruptcy risk for FRIBAA SOLUTIONS ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

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 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
34466130
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Kongensgade 31A
6700 Esbjerg
Municipality
Esbjerg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 80k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-31.0%
Current ratio7%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK -138kDKK -249k
EquityDKK -85kDKK 54k
Total assetsDKK 273kDKK 518k
CashDKK 18k–
Short-term debtDKK 358k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202577
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023138
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019218 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016144
1 Jan 2015 – 31 Dec 2015165
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013157
26 Mar 2012 – 31 Dec 2012150

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
CEOAllan Frikke HansenCurrent
CEOKim Baarsøe
Owner (100%)ALLAN FRIKKE HOLDING ApSCurrent
Owner (50%)BAARSØE HOLDING ApS
Owner (50%)ALLAN FRIKKE HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderBAARSØE HOLDING ApSCurrent
FounderALLAN FRIKKE HOLDING ApSCurrent

The CEOs' other companies

Allan Frikke Hansen – 13 other companies

Kim Baarsøe – 53 other companies, of which 14 bankrupt

Address history (2 moves)

Kongensgade 31A, 6700 Esbjerg
Stormgade 200, 6700 Esbjerg
c/o SaatSea ApS, Skolegade 85, 6700 Esbjerg

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about FRIBAA SOLUTIONS ApS

Has FRIBAA SOLUTIONS ApS gone bankrupt?

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

What is the bankruptcy risk of FRIBAA SOLUTIONS ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of FRIBAA SOLUTIONS ApS?

Allan Frikke Hansen is the CEO of FRIBAA SOLUTIONS ApS.

Who is the auditor of FRIBAA SOLUTIONS ApS?

FRIBAA SOLUTIONS ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was FRIBAA SOLUTIONS ApS founded?

FRIBAA SOLUTIONS ApS was founded on 26 March 2012.

What is the equity of FRIBAA SOLUTIONS ApS?

Equity was DKK -85k 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.