OUR LABOR IS JOY ApS

CVR 35636730 · Private limited company (ApS) · Active · Low risk

OUR LABOR IS JOY ApS is a Private limited company (ApS), founded on , based in Vejen. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 43k and a net result of DKK 64k. CEO: Michael Rachlitz.

Bankruptcy risk for OUR LABOR IS JOY ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · 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
35636730
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Mannehøj 209
6600 Vejen
Municipality
Vejen
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 100k
Employees
0 (2017)
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 11
Missing annual reportNo
Negative equityNo
Equity ratio18.0%
Current ratio122%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 115kDKK -95k
Net profitDKK 64kDKK -384k
EquityDKK 43kDKK -21k
Total assetsDKK 238kDKK 233k
CashDKK 91k–
Short-term debtDKK 195k–
Tax owedDKK 0–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025185 Late
1 Jul 2023 – 30 Jun 2024186 Late
1 Jul 2022 – 30 Jun 2023188 Late
1 Jul 2021 – 30 Jun 2022175
1 Jul 2020 – 30 Jun 2021174
1 Jul 2019 – 30 Jun 2020189 Late
1 Jul 2018 – 30 Jun 2019194 Late
1 Jul 2017 – 30 Jun 2018171
1 Jul 2016 – 30 Jun 2017164
1 Jul 2015 – 30 Jun 2016153
7 Jan 2014 – 30 Jun 2015135

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
CEOMichael RachlitzCurrent
CEOMorten Drachmann Schulz
Owner (100%)RACHLITZ HOLDING ApSCurrent
Owner (50%)M SCHULZ HOLDING ApS
FounderRACHLITZ HOLDING ApSCurrent

Address history (2 moves)

Mannehøj 209, 6600 Vejen
Haderslevvej 36 106, 6000 Kolding
Grønnegade 5H, 6600 Vejen

Employees per year

Number of employees at OUR LABOR IS JOY ApS per year122014: 220142015: 220152016: 220162017: 02017

Other companies at the same address

Similar companies in Vejen

Questions and answers about OUR LABOR IS JOY ApS

Has OUR LABOR IS JOY ApS gone bankrupt?

No, OUR LABOR IS JOY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of OUR LABOR IS JOY ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of OUR LABOR IS JOY ApS?

Michael Rachlitz is the CEO of OUR LABOR IS JOY ApS.

When was OUR LABOR IS JOY ApS founded?

OUR LABOR IS JOY ApS was founded on 7 January 2014.

What is the equity of OUR LABOR IS JOY ApS?

Equity was DKK 43k according to the annual report for the period ending 30 June 2025.

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