Arts Consolidated ApS

CVR 35529160 · Private limited company (ApS) · Active · Medium risk

Arts Consolidated ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry drift af portaler til internettet. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 12 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -87.8m and a net result of DKK -25.7m. CEO: Bharani Vasudev Setlur.

Bankruptcy risk for Arts Consolidated ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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
35529160
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Lyngbyvej 20
2100 København Ø
Municipality
København
Industry
Drift af portaler til internettet (639100)
Bankruptcies in the industry: Webportaler
Share capital
DKK 12.1m
Employees
11 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-635.9%
Current ratio44%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address184
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -8.8mDKK -9.8m
Net profitDKK -25.7mDKK -21.8m
EquityDKK -87.8mDKK -62.1m
Total assetsDKK 13.8mDKK 14.0m
CashDKK 3.2m–
Short-term debtDKK 8.6m–
Tax owedDKK 4.2m–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019231 Late
1 Jan 2018 – 31 Dec 2018170
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015152
4 Nov 2013 – 31 Dec 2014151

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
CEOBharani Vasudev SetlurCurrent
CEOSune Remi Hjerrild
BoardLars Krogsgaard
BoardJan Pilgaard Carlsen
BoardSune Remi Hjerrild
BoardJakob Fuhr Hansen
BoardJan Pilgaard Carlsen
BoardJakob Fuhr Hansen
BoardMellie Lenore Bernadette Laursen
BoardTroels Øberg
BoardNiels Erik Muus
BoardMagnus Still
BoardNils Göran Lennart Andersson
BoardHenrik Holmark
BoardJan Pilgaard Carlsen
BoardErik Balck Sørensen
BoardAugust Johannes Schram
BoardLars Gjørup
BoardSune Remi Hjerrild
BoardHenrik Holmark
BoardLars Gjørup
Owner (100%)Events.com, IncCurrent
Owner (5%)Allan Reinholdt Rosenfeldt Williams Broch
Owner (5%)Ivar Emil Boycott Havsteen-Mikkelsen
Owner (20%)Jan Pilgaard Carlsen
Owner (25%)Sune Remi Hjerrild
Owner (5%)Svend Erik Carlsen
Owner (15%)4AM ApS
Owner (50%)SHJC Holding ApS
Owner (15%)4AM ApS
Owner (15%)VÆKSTFONDEN
Owner (15%)4AM ApS
Owner (15%)Unicorns Holding ApS
Owner (25%)True Unicorns Holding ApS
Owner (10%)VÆKSTFONDEN
Owner (10%)4AM ApS
Owner (20%)True Unicorns Holding ApS
Owner (10%)Henrik Holmark
Owner (5%)VÆKSTFONDEN
Owner (5%)4AM ApS
Owner (10%)LARS G. INVEST ApS
Owner (10%)Unicorns Holding ApS
Owner (10%)True Unicorns Holding ApS
Owner (25%)August Johannes Schram
Owner (10%)THE VINES ApS
Owner (25%)LARS G. INVEST ApS
Owner (25%)THE VINES ApS
Owner (25%)August Johannes Schram
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorCOMPLET REVISION REGISTRERET REVISIONSANPARTSSELSKAB
FounderJan Pilgaard CarlsenCurrent
FounderSune Remi HjerrildCurrent

The CEOs' other companies

Sune Remi Hjerrild – 2 other companies

Address history (4 moves)

Lyngbyvej 20, 2100 København Ø
Banestrøget 7, 1., 2630 Taastrup
Thistedgade 10, st. tv, 2630 Taastrup
Tycho Brahes Allé 29, 4. th, 2300 København S
Tycho Brahes Allé 9, 4. th, 2300 København S

Former names

Arts Consolidated ApS – now
NETWORK SERVICE FOR TRUELINKED ApS –

Employees per year

Number of employees at Arts Consolidated ApS per year7132014: 120142015: 020152016: 1320162017: 1120172018: 112018

Other companies at the same address

Similar companies in København

Questions and answers about Arts Consolidated ApS

Has Arts Consolidated ApS gone bankrupt?

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

What is the bankruptcy risk of Arts Consolidated ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Arts Consolidated ApS?

Bharani Vasudev Setlur is the CEO of Arts Consolidated ApS.

Who is the auditor of Arts Consolidated ApS?

Arts Consolidated ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Arts Consolidated ApS founded?

Arts Consolidated ApS was founded on 4 November 2013.

What is the equity of Arts Consolidated ApS?

Equity was DKK -87.8m 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.