PROPEL ApS
CVR 34804532 · Private limited company (ApS) · Active · Medium risk
PROPEL ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -299k and a net result of DKK 5. CEO: William Ravn Nielsen.
Bankruptcy risk for PROPEL ApS
1.3 × the average (1.41%) · higher risk than 82% of active Danish companies
Increases the risk
Reduces the risk
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
- 34804532
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (13 years)
- Address
- c/o AllMatters ApS, Ravnsborggade 18
2200 København N - Municipality
- København
- Industry
- Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 80k
- Employees
- 0 (2016)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 13 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -94.9% |
| Current ratio | 47% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 14 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 902k | DKK 440k |
| Net profit | DKK 5 | DKK -238k |
| Equity | DKK -299k | DKK -250k |
| Total assets | DKK 315k | DKK 283k |
| Cash | DKK 165k | – |
| Short-term debt | DKK 614k | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 43 | ||
| 1 Jan 2024 – 31 Dec 2024 | 43 | ||
| 1 Jan 2023 – 31 Dec 2023 | 26 | ||
| 1 Jan 2022 – 31 Dec 2022 | 38 | ||
| 1 Jan 2021 – 31 Dec 2021 | 84 | ||
| 1 Jan 2020 – 31 Dec 2020 | 22 | ||
| 1 Jan 2019 – 31 Dec 2019 | 97 | ||
| 1 Jan 2018 – 31 Dec 2018 | 149 | ||
| 1 Jan 2017 – 31 Dec 2017 | 152 | ||
| 1 Jan 2016 – 31 Dec 2016 | 141 | ||
| 1 Jan 2015 – 31 Dec 2015 | 105 | ||
| 1 Jan 2014 – 31 Dec 2014 | 148 | ||
| 1 Dec 2012 – 31 Dec 2013 | 139 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | William Ravn Nielsen | Current | |
| CEO | Kristian Funch Meincke | ||
| Owner (100%) | W HOLDINGS ApS | Current | |
| Owner (50%) | MEDIUM HOLDING ApS | ||
| Founder | W HOLDINGS ApS | Current | |
| Founder | MEDIUM HOLDING ApS | Current |
The CEOs' other companies
William Ravn Nielsen – 7 other companies
- CROPS ApS Active
- MASCOTTE ApS Active
- MWA ApS Active
- ORGANICUP ApS Active
- UMAGE ApS Active
- UMAGE Group ApS Active
- W HOLDINGS ApS Active
Kristian Funch Meincke – 4 other companies, of which 1 bankrupt
- FENDO ApS Bankrupt 15 Jun 2016
- AAGAARD INVESTMENTS ApS Active
- MEDIUM HOLDING ApS Active
- ORGANICUP ApS Active
Address history (4 moves)
| c/o AllMatters ApS, Ravnsborggade 18, 2200 København N | |
| c/o MWA ApS, Ryesgade 23, 2., 2200 København N | |
| Nørrebrogade 50A, 2200 København N | |
| Nordre Frihavnsgade 17C, 2100 København Ø | |
| Kronprinsensgade 8, 5., 1114 København K |
Former names
| PROPEL ApS | – now |
| PROPEL ApS UNDER STIFTELSE | – |
Employees per year
Other companies at the same address
- BN MOELLER ApS Bankrupt
- EVERYDAY MEDIA ApS Bankrupt
- Anyway Agency IVS Opløst
- BITCH BETTER HAVE MY MONEY HOLDING APS Active
- BO RITZAU FRYDENSBERG HOLDING ApS Active
- Buckwheat Holding ApS Active
- JAKTIV ApS Active
- KAX ApS Compulsorily dissolved
- Kolding Køge Kapital ApS Active
- MASCOTTE ApS Active
- MWA ApS Active
- ORGANICUP ApS Active
- Schaldemose & Schaldemose ApS Active
- W HOLDINGS ApS Active
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Questions and answers about PROPEL ApS
Has PROPEL ApS gone bankrupt?
No, PROPEL ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of PROPEL ApS?
Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the CEO of PROPEL ApS?
William Ravn Nielsen is the CEO of PROPEL ApS.
When was PROPEL ApS founded?
PROPEL ApS was founded on 29 November 2012.
What is the equity of PROPEL ApS?
Equity was DKK -299k 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.