F23 ApS

CVR 36022337 · Private limited company (ApS) · Active · Low risk

F23 ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 749k and a net result of DKK 197k. CEO: Martin Tønnesen.

Bankruptcy risk for F23 ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% 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×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
36022337
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
c/o Advokaterne i Jyllandsgården, Frederiksgade 72
8000 Aarhus C
Municipality
Aarhus
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityNo
Equity ratio6.8%
Current ratio40%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 765kDKK 481kDKK 839k
Net profitDKK 197kDKK -121kDKK 1.1m
EquityDKK 749kDKK 552kDKK 673k
Total assetsDKK 10.9mDKK 11.0mDKK 10.7m
CashDKK 309kDKK 99k–
Short-term debtDKK 865kDKK 146k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021194 Late
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019125
1 Jan 2018 – 31 Dec 2018133
1 Jan 2017 – 31 Dec 201794
1 Jan 2016 – 31 Dec 2016125
1 Jan 2015 – 31 Dec 2015132
20 Jun 2014 – 31 Dec 2014147

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 TønnesenCurrent
CEOThor Grønkjær Drexel
Owner (100%)M. TØNNESEN ApSCurrent
Owner (50%)DREXEL HOLDINGS ApS
Owner (50%)M. TØNNESEN ApS
FounderThor Grønkjær DrexelCurrent
FounderMartin TønnesenCurrent

The CEOs' other companies

Martin Tønnesen – 2 other companies

Thor Grønkjær Drexel – 2 other companies

Address history (5 moves)

c/o Advokaterne i Jyllandsgården, Frederiksgade 72, 8000 Aarhus C
c/o Phoenix Home, Rådhuspladsen 5, 1., 8000 Aarhus C
c/o Phoenix Home, Hack Kampmanns Plads 2, 3. 1, 8000 Aarhus C
c/o Sinding & Co. Ejendomsadministration A/S, Havnegade 2A, 8000 Aarhus C
c/o Sinding & Compagni A/S, Havnegade 4, 3., 8000 Aarhus C
c/o Martin Tønnesen, Rosenkrantzgade 19, 2., 8000 Aarhus C

Former names

F23 ApS – now
DREXEL/TØNNESEN ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about F23 ApS

Has F23 ApS gone bankrupt?

No, F23 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of F23 ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of F23 ApS?

Martin Tønnesen is the CEO of F23 ApS.

When was F23 ApS founded?

F23 ApS was founded on 20 June 2014.

What is the equity of F23 ApS?

Equity was DKK 749k 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.