FIRST TIME VENTURES ApS

CVR 35392874 · Private limited company (ApS) · Active · Low risk

FIRST TIME VENTURES ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 12 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 5.8m and a net result of DKK 5.5m. CEO: Stefano Zorzi.

Bankruptcy risk for FIRST TIME VENTURES ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
35392874
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Stefano Zorzi, Evanstonevej 2, 3. th
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Baagøe | Schou Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityNo
Equity ratio82.4%
Current ratio369%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -119kDKK -42kDKK -12k
Net profitDKK 5.5mDKK 2.1mDKK -253k
EquityDKK 5.8mDKK 2.9mDKK 883k
Total assetsDKK 7.0mDKK 3.9mDKK 2.6m
CashDKK 4.6mDKK 1.4m–
Short-term debtDKK 1.2mDKK 968k–
Tax owedDKK 346kDKK 346k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Baagøe | Schou Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025177
1 Oct 2023 – 30 Sep 2024155
1 Oct 2022 – 30 Sep 2023135
1 Oct 2021 – 30 Sep 2022186 Late
1 Oct 2020 – 30 Sep 2021165
1 Oct 2019 – 30 Sep 2020156
1 Oct 2018 – 30 Sep 2019148
1 Oct 2017 – 30 Sep 201871
1 Oct 2016 – 30 Sep 2017152
1 Oct 2015 – 30 Sep 2016160
1 Oct 2014 – 30 Sep 2015168
30 Jun 2013 – 30 Sep 2014140

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
CEOStefano ZorziCurrent
Owner (33%)Anders Gunnar Viggo WedbornCurrent
Owner (33%)PROPERO INVESTMENTS ApSCurrent
Owner (33%)Søren Kofoed JensenCurrent
Owner (25%)SK CAPITAL ApS
FounderPROPERO INVESTMENTS ApSCurrent

The CEOs' other companies

Stefano Zorzi – 23 other companies, of which 3 bankrupt

Address history (3 moves)

c/o Stefano Zorzi, Evanstonevej 2, 3. th, 2900 Hellerup
c/o Stefano Zorzi, Tuborg Bakkedrag 24, 1. tv, 2900 Hellerup
Weysesgade 51, 2100 København Ø
Randersgade 17, st., 2100 København Ø

Other companies at the same address

Similar companies in Gentofte

Questions and answers about FIRST TIME VENTURES ApS

Has FIRST TIME VENTURES ApS gone bankrupt?

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

What is the bankruptcy risk of FIRST TIME VENTURES ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of FIRST TIME VENTURES ApS?

Stefano Zorzi is the CEO of FIRST TIME VENTURES ApS.

Who is the auditor of FIRST TIME VENTURES ApS?

FIRST TIME VENTURES ApS most recently used Baagøe | Schou Statsautoriseret Revisionsaktieselskab.

When was FIRST TIME VENTURES ApS founded?

FIRST TIME VENTURES ApS was founded on 30 June 2013.

What is the equity of FIRST TIME VENTURES ApS?

Equity was DKK 5.8m according to the annual report for the period ending 30 September 2025.

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