Setono ApS

CVR 35042687 · Private limited company (ApS) · Active · High risk

Setono ApS is a Private limited company (ApS), founded on , based in Nørresundby. The company is registered in the industry drift af portaler til internettet. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 13 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 -130k and a net result of DKK 44k. CEO: Joachim Løvgaard.

Bankruptcy risk for Setono ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
35042687
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Kornbakken 9
9400 Nørresundby
Municipality
Aalborg
Industry
Drift af portaler til internettet (639100)
Bankruptcies in the industry: Webportaler
Share capital
DKK 160k
Auditor
TALMENNESKER
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-31.1%
Current ratio174%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 761kDKK 944k
Gross profitDKK 593kDKK 464kDKK 697k
Net profitDKK 44kDKK -256kDKK -69k
EquityDKK -130kDKK -174kDKK 82k
Total assetsDKK 418kDKK 379kDKK 526k
CashDKK 207kDKK 60k–
Short-term debtDKK 190kDKK 553k–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · TALMENNESKER.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025202 Late
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023160
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021161
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 201997
1 Jan 2018 – 31 Dec 201852
1 Jan 2017 – 31 Dec 2017136
1 Jan 2016 – 31 Dec 2016139
1 Jan 2015 – 31 Dec 2015148
1 Jan 2014 – 31 Dec 2014141
15 Feb 2013 – 31 Dec 2013174

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
CEOJoachim LøvgaardCurrent
BoardJakob Norgaard Mortensen
BoardJeppe Hjorth Bang-Jensen
BoardJoachim Løvgaard
BoardLars Bojer Kanstrup
Owner (100%)LOEVGAARD HOLDING ApSCurrent
Owner (50%)LOEVGAARD HOLDING ApS
Owner (50%)tjconcept ApS
Owner (100%)LOEVGAARD HOLDING ApS
Owner (50%)LOEVGAARD HOLDING ApS
Owner (50%)Combine A/S
Owner (100%)LOEVGAARD HOLDING ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderJoachim LøvgaardCurrent

The CEOs' other companies

Joachim Løvgaard – 7 other companies, of which 2 bankrupt

Address history (3 moves)

Kornbakken 9, 9400 Nørresundby
Dannebrogsgade 58A, 9000 Aalborg
Kornbakken 9, 9400 Nørresundby
c/o Joachim Løvgaard, Prinsensgade 10, 2. tv, 9000 Aalborg

Former names

Setono ApS – now
FAIRWIN ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Setono ApS

Has Setono ApS gone bankrupt?

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

What is the bankruptcy risk of Setono ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of Setono ApS?

Joachim Løvgaard is the CEO of Setono ApS.

Who is the auditor of Setono ApS?

Setono ApS most recently used TALMENNESKER.

When was Setono ApS founded?

Setono ApS was founded on 15 February 2013.

What is the equity of Setono ApS?

Equity was DKK -130k 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.