Growth Strategy Institute ApS

CVR 34692580 · Private limited company (ApS) · Active · Medium risk

Growth Strategy Institute ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 13 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -260k and a net result of DKK -4,125. CEO: Elizabeth Manou Philipa Andersen.

Bankruptcy risk for Growth Strategy Institute ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
34692580
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Elizabeth Manou Andersen, Else Alfelts Vej 168, 6. 4
2300 København S
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 80k
Employees
0 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-19,866.5%
Current ratio1%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0DKK 0DKK 0
Net profitDKK -4,125DKK -5,071DKK -11k
EquityDKK -260kDKK -255kDKK -250k
Total assetsDKK 1,309DKK 129DKK 316
CashDKK 1,309DKK 129–
Short-term debtDKK 261kDKK 255k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021135
1 Jan 2020 – 31 Dec 202081
1 Jan 2019 – 31 Dec 2019232 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015187 Late
1 Jan 2014 – 31 Dec 2014169
20 Aug 2012 – 31 Dec 2013265 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
CEOElizabeth Manou Philipa AndersenCurrent
CEOHelle Haugaard
Owner (100%)Manou Connection ApSCurrent
Owner (100%)Elizabeth Manou Philipa Andersen
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderHelle HaugaardCurrent

The CEOs' other companies

Elizabeth Manou Philipa Andersen – 1 other companies

Helle Haugaard – 60 other companies, of which 60 bankrupt

Address history (4 moves)

c/o Elizabeth Manou Andersen, Else Alfelts Vej 168, 6. 4, 2300 København S
Rahbeks Allé 11, 12. th, 1749 København V
Rahbeks Allé 11, 12. 2, 1749 København V
Store Kongensgade 63, 2. tv, 1264 København K
Harespringet 35, 2400 København NV

Former names

Growth Strategy Institute ApS – now
NORMANN & CO. ApS –
ApS KDF NR. 1081 –

Employees per year

Number of employees at Growth Strategy Institute ApS per year112012: 020122013: 120132014: 020142016: 020162017: 020172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about Growth Strategy Institute ApS

Has Growth Strategy Institute ApS gone bankrupt?

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

What is the bankruptcy risk of Growth Strategy Institute ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Growth Strategy Institute ApS?

Elizabeth Manou Philipa Andersen is the CEO of Growth Strategy Institute ApS.

Who is the auditor of Growth Strategy Institute ApS?

Growth Strategy Institute ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Growth Strategy Institute ApS founded?

Growth Strategy Institute ApS was founded on 20 August 2012.

What is the equity of Growth Strategy Institute ApS?

Equity was DKK -260k 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.