FSE HOLDING ApS

CVR 35229779 · Private limited company (ApS) · Active · Low risk

FSE HOLDING ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry drift af portaler til internettet. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 13 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 60k and a net result of DKK -2,653. CEO: Frederik Emil Busk Fenger.

Bankruptcy risk for FSE HOLDING ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Registered owners4+ · bankruptcy rate 5.7%0.65×

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
35229779
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Emil Nygaard, Lyongade 7, 4. th
2300 København S
Municipality
København
Industry
Drift af portaler til internettet (639100)
Bankruptcies in the industry: Webportaler
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityNo
Equity ratio46.4%
Current ratio71%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 0––
Net profitDKK -2,653DKK -1,181DKK -306
EquityDKK 60kDKK 63kDKK 64k
Total assetsDKK 129kDKK 102kDKK 92k
Short-term debtDKK 69kDKK 40k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023168
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020170
1 Jan 2019 – 31 Dec 2019113
1 Jan 2018 – 31 Dec 2018138
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016142
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 2014147
8 Apr 2013 – 31 Dec 2013150

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
CEOFrederik Emil Busk FengerCurrent
Owner (25%)WESTH HENRIKSEN HOLDING ApSCurrent
Owner (25%)Jokklan Holding ApSCurrent
Owner (25%)Fenger Consulting ApSCurrent
Owner (25%)Emil Nygaard Holding ApSCurrent
Owner (33%)Frederik Emil Busk Fenger
Owner (15%)Emil Blædel Nygaard
Owner (33%)WESTH HENRIKSEN HOLDING ApS
Owner (20%)Emil Blædel Nygaard
Owner (20%)Peter Østbjerg Poulsen
Owner (20%)WESTH HENRIKSEN HOLDING ApS
Owner (20%)Jokklan Holding ApS
Owner (20%)Fenger Consulting ApS
FounderWESTH HENRIKSEN HOLDING ApSCurrent

The CEOs' other companies

Frederik Emil Busk Fenger – 2 other companies

Address history (1 moves)

c/o Emil Nygaard, Lyongade 7, 4. th, 2300 København S
Myggenæsgade 11, 1. 3, 2300 København S

Former names

FSE HOLDING ApS – now
CPH NIGHT ApS –

Other companies at the same address

Similar companies in København

Questions and answers about FSE HOLDING ApS

Has FSE HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of FSE HOLDING ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of FSE HOLDING ApS?

Frederik Emil Busk Fenger is the CEO of FSE HOLDING ApS.

When was FSE HOLDING ApS founded?

FSE HOLDING ApS was founded on 8 April 2013.

What is the equity of FSE HOLDING ApS?

Equity was DKK 60k 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.