BitProgress Holding ApS

CVR 35646663 · Private limited company (ApS) · Active · Low risk

BitProgress Holding ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 11 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 269k and a net result of DKK -4,217. CEO: Martin Thorbjørn Jørgensen, Maria Louise Paaske.

Bankruptcy risk for BitProgress Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
35646663
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Møllegærdet 32
6000 Kolding
Municipality
Kolding
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
DanRevision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio90.1%
Current ratio3,308%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -5,267DKK -4,944
Net profitDKK -4,217DKK -4,279
EquityDKK 269kDKK 273k
Total assetsDKK 298kDKK 299k
CashDKK 205k–
Short-term debtDKK 7,511–
Tax owedDKK 3,761–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025151
1 Jul 2023 – 30 Jun 2024134
1 Jul 2022 – 30 Jun 2023122
1 Jul 2021 – 30 Jun 202297
1 Jul 2020 – 30 Jun 2021104
1 Jul 2019 – 30 Jun 2020136
1 Jul 2018 – 30 Jun 2019155
1 Jul 2017 – 30 Jun 2018144
1 Jul 2016 – 30 Jun 2017139
1 Jul 2015 – 30 Jun 2016134
22 Jan 2014 – 30 Jun 2015147

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
CEOMartin Thorbjørn JørgensenCurrent
CEOMaria Louise PaaskeCurrent
Owner (50%)Martin Thorbjørn JørgensenCurrent
Owner (50%)Maria Louise PaaskeCurrent
FounderMartin Thorbjørn JørgensenCurrent
FounderMaria Louise PaaskeCurrent

The CEOs' other companies

Martin Thorbjørn Jørgensen – 3 other companies

Maria Louise Paaske – 2 other companies

Address history (0 moves)

Møllegærdet 32, 6000 Kolding

Former names

BitProgress Holding ApS – now
BITPROGRESS HOLDING IVS –

Other companies at the same address

Similar companies in Kolding

Questions and answers about BitProgress Holding ApS

Has BitProgress Holding ApS gone bankrupt?

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

What is the bankruptcy risk of BitProgress Holding ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of BitProgress Holding ApS?

Martin Thorbjørn Jørgensen, Maria Louise Paaske are the CEOs of BitProgress Holding ApS.

Who is the auditor of BitProgress Holding ApS?

BitProgress Holding ApS most recently used DanRevision.

When was BitProgress Holding ApS founded?

BitProgress Holding ApS was founded on 22 January 2014.

What is the equity of BitProgress Holding ApS?

Equity was DKK 269k 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.