IT Connection ApS

CVR 35523286 · Private limited company (ApS) · Active · Low risk

IT Connection ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 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 (31 Dec 2025) shows equity of DKK -173k and a net result of DKK -72k.

Bankruptcy risk for IT Connection ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Restated annual reports1 · bankruptcy rate 7.1%0.81×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
35523286
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Risbjerggårds Alle 26
2650 Hvidovre
Municipality
Hvidovre
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-81.6%
Current ratio55%
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
Revenue––DKK 97k
Gross profitDKK 75kDKK 161kDKK 93k
Net profitDKK -72kDKK -26kDKK 96k
EquityDKK -173kDKK 54kDKK 176k
Total assetsDKK 212kDKK 54kDKK 176k
CashDKK 4,735DKK 3,732–
Short-term debtDKK 385k––
Avg. employees1––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016154
1 Jan 2015 – 31 Dec 2015153
1 Nov 2013 – 31 Dec 2014180

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
Owner (100%)Sinus Michael Nøhr FrankCurrent
FounderSinus Michael Nøhr FrankCurrent

Address history (1 moves)

Risbjerggårds Alle 26, 2650 Hvidovre
Risbjerggårds Alle 26, 2650 Hvidovre

Former names

IT Connection ApS – now
IT-MAGIC ApS –

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about IT Connection ApS

Has IT Connection ApS gone bankrupt?

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

What is the bankruptcy risk of IT Connection ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

When was IT Connection ApS founded?

IT Connection ApS was founded on 30 October 2013.

What is the equity of IT Connection ApS?

Equity was DKK -173k 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.