Develop IT ApS

CVR 35056408 · Private limited company (ApS) · Active · Low risk

Develop IT ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 12 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1.3m and a net result of DKK 212k. CEO: Christian Petersen.

Bankruptcy risk for Develop IT ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO changes1 · bankruptcy rate 11.4%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
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
35056408
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Englandsvej 8
5700 Svendborg
Municipality
Svendborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 80k
Auditor
Danica Godkendt Revisionsfirma ApS
Audit opted out
No

Warning signs

Annual reports filed late4 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-148.0%
Current ratio36%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -71kDKK -205k
Net profitDKK 212kDKK -669k
EquityDKK -1.3mDKK -1.5m
Total assetsDKK 873kDKK 774k
CashDKK 119k–
Short-term debtDKK 377k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025164
1 Jul 2023 – 30 Jun 2024187 Late
1 Jul 2022 – 30 Jun 2023190 Late
1 Jul 2021 – 30 Jun 2022198 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020176
1 Jul 2018 – 30 Jun 2019169
1 Jul 2017 – 30 Jun 2018174
1 Jul 2016 – 30 Jun 2017154
1 Jan 2015 – 30 Jun 2016153
1 Jan 2014 – 31 Dec 2014177
12 Mar 2013 – 31 Dec 2013183

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
CEOChristian PetersenCurrent
CEOLars Sørup Pedersen
Owner (100%)CARL SØRENSEN SVENDBORG A/SCurrent
Owner (50%)CARL SØRENSEN SVENDBORG A/S
Owner (50%)LCP2010 HOLDING ApS
AuditorDanica Godkendt Revisionsfirma ApSCurrent
AuditorJKPT ApS
AuditorDANSK REVISION SVENDBORG STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderCARL SØRENSEN SVENDBORG A/SCurrent
FounderLCP2010 HOLDING ApSCurrent

The CEOs' other companies

Christian Petersen – 14 other companies

Lars Sørup Pedersen – 6 other companies

Address history (4 moves)

Englandsvej 8, 5700 Svendborg
Englandsvej 8, 5700 Svendborg
Finlandsvej 12, 5700 Svendborg
Landevejen 19, 5882 Vejstrup
Finlandsvej 12, 5700 Svendborg

Former names

Develop IT ApS – now
AGROSTORE ApS –

Other companies at the same address

Similar companies in Svendborg

Questions and answers about Develop IT ApS

Has Develop IT ApS gone bankrupt?

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

What is the bankruptcy risk of Develop IT ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Develop IT ApS?

Christian Petersen is the CEO of Develop IT ApS.

Who is the auditor of Develop IT ApS?

Develop IT ApS most recently used Danica Godkendt Revisionsfirma ApS.

When was Develop IT ApS founded?

Develop IT ApS was founded on 12 March 2013.

What is the equity of Develop IT ApS?

Equity was DKK -1.3m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.