Ugly Duckling Holding ApS

CVR 35646507 · Private limited company (ApS) · Active · Medium risk

Ugly Duckling Holding ApS is a Private limited company (ApS), founded on , based in Galten. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 (31 Dec 2025) shows equity of DKK -186k and a net result of DKK -18k.

Bankruptcy risk for Ugly Duckling Holding ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×

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
35646507
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Udsigten 13
8464 Galten
Municipality
Skanderborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Solveo
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-24,218.1%
Current ratio0%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -14kDKK -14kDKK -27k
Net profitDKK -18kDKK -18kDKK -33k
EquityDKK -186kDKK -169kDKK -150k
Total assetsDKK 770DKK 1,770DKK 2,798
CashDKK 770DKK 1,770–
Short-term debtDKK 187kDKK 170k–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Solveo.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 202035
1 Jan 2019 – 31 Dec 2019112
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 201773
1 Jan 2016 – 31 Dec 201695
1 Jan 2015 – 31 Dec 2015161
22 Jan 2014 – 31 Dec 2014142

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
CEOLars Kroll Kristensen
Owner (15%)SPEARHEADER ApSCurrent
Owner (67%)Learning Revolution ApSCurrent
Owner (5%)Gamecraft Holding ApSCurrent
Owner (100%)SPEARHEADER ApS
Owner (33%)Pelle Sølvkjær Christensen
Owner (33%)SPEARHEADER ApS
Owner (33%)Learning Revolution ApS
Owner (33%)Gamecraft Holding ApS
Owner (67%)Learning Revolution ApS
Owner (15%)Gamecraft Holding ApS
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderSPEARHEADER ApSCurrent

The CEOs' other companies

Lars Kroll Kristensen – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Udsigten 13, 8464 Galten
Elverdalsvej 44A, 8270 Højbjerg

Former names

Ugly Duckling Holding ApS – now
Ugly Duckling Games ApS –
RATATOSK GAMES ApS –

Employees per year

Number of employees at Ugly Duckling Holding ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about Ugly Duckling Holding ApS

Has Ugly Duckling Holding ApS gone bankrupt?

No, Ugly Duckling Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ugly Duckling Holding ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of Ugly Duckling Holding ApS?

Ugly Duckling Holding ApS most recently used Solveo.

When was Ugly Duckling Holding ApS founded?

Ugly Duckling Holding ApS was founded on 22 January 2014.

What is the equity of Ugly Duckling Holding ApS?

Equity was DKK -186k 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.