Upright Ventures ApS

CVR 35520503 · Private limited company (ApS) · Active · Low risk

Upright Ventures ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK -9.4m and a net result of DKK -4.2m. CEO: Joakim Jagtvard Steen.

Bankruptcy risk for Upright Ventures 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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
35520503
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Njalsgade 23C, st. tv
2300 København S
Municipality
København
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-33.1%
Current ratio7%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address43
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -431kDKK -447k
Net profitDKK -4.2mDKK -1.6m
EquityDKK -9.4mDKK -5.2m
Total assetsDKK 28.2mDKK 14.3m
CashDKK 780k–
Short-term debtDKK 37.6m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202561
1 Jan 2024 – 31 Dec 2024139
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021173
1 Jan 2020 – 31 Dec 2020172
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017145
1 Jan 2016 – 31 Dec 2016100
1 Jan 2015 – 31 Dec 2015130
23 Oct 2013 – 31 Dec 2014148

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
CEOJoakim Jagtvard SteenCurrent
Owner (100%)Upright Capital ApSCurrent
Owner (25%)OLDFARM VENTURES ApS
Owner (25%)RISOM INVEST ApS
Owner (25%)BRUCE INVEST ApS
Owner (25%)NICOLASLINDE ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorKPMG P/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderOLDFARM VENTURES ApSCurrent
FounderRISOM INVEST ApSCurrent
FounderBRUCE INVEST ApSCurrent
FounderNICOLASLINDE ApSCurrent

The CEOs' other companies

Joakim Jagtvard Steen – 7 other companies

Address history (3 moves)

Njalsgade 23C, st. tv, 2300 København S
Njalsgade 23C, st. tv, 2300 København S
Njalsgade 17, 2., 2300 København S
c/o Shape A/S, Gothersgade 8B, 1123 København K

Former names

Upright Ventures ApS – now
Shape Ventures ApS –
SHAPE PRODUCTS ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Upright Ventures ApS

Has Upright Ventures ApS gone bankrupt?

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

What is the bankruptcy risk of Upright Ventures 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 Upright Ventures ApS?

Joakim Jagtvard Steen is the CEO of Upright Ventures ApS.

Who is the auditor of Upright Ventures ApS?

Upright Ventures ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Upright Ventures ApS founded?

Upright Ventures ApS was founded on 23 October 2013.

What is the equity of Upright Ventures ApS?

Equity was DKK -9.4m 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.