Grey Matter ApS

CVR 36050489 · Private limited company (ApS) · Active · Low risk

Grey Matter ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK 902k. CEO: Andreas Testrup Olesen.

Bankruptcy risk for Grey Matter 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

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
36050489
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Vølundsvej 6F
3400 Hillerød
Municipality
Hillerød
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 100k
Employees
7 (2018)
Auditor
ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio29.8%
Current ratio140%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address31
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6.3mDKK 5.7mDKK 4.3m
Net profitDKK 902kDKK 1.2mDKK 736k
EquityDKK 2.7mDKK 2.8mDKK 1.8m
Total assetsDKK 9.2mDKK 6.5mDKK 5.0m
CashDKK 4.5mDKK 3.9m–
Short-term debtDKK 6.5mDKK 3.7m–
Tax owedDKK 273kDKK 363k–
Avg. employees119–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Addere Revisionstatsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025126
1 Jan 2024 – 31 Dec 2024106
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019133
1 Jan 2018 – 31 Dec 201888
1 Jan 2017 – 31 Dec 2017129
1 Jan 2016 – 31 Dec 2016123
11 Jul 2014 – 31 Dec 2015153

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
CEOAndreas Testrup OlesenCurrent
CEOLærke Ellekær Andersen
CEOFrederik Ellekær Hansen
BoardFrederik Ellekær HansenCurrent
BoardLærke Ellekær AndersenCurrent
BoardAndreas Testrup Olesen
BoardLærke Ellekær Andersen
BoardSusanne Kibsgaard
Owner (33%)OlesenCapital ApSCurrent
Owner (33%)L.E. FAM Holding ApSCurrent
Owner (33%)F. Ellekaer Holding ApSCurrent
Owner (25%)Lærke Ellekær Andersen
Owner (25%)Andreas Testrup Olesen
Owner (25%)Frederik Ellekær Hansen
Owner (25%)CORTEX HOLDING ApS
Owner (67%)Grey Matter Group ApS
Owner (25%)Kibsgaard Holding 1 ApS
Owner (100%)Grey Matter Group ApS
AuditorADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderLærke Ellekær AndersenCurrent
FounderFrederik Ellekær HansenCurrent

The CEOs' other companies

Andreas Testrup Olesen – 4 other companies

Lærke Ellekær Andersen – 3 other companies

Frederik Ellekær Hansen – 3 other companies

Address history (3 moves)

Vølundsvej 6F, 3400 Hillerød
Ved Klædebo 14, 2970 Hørsholm
Vasevej 99B, st., 3460 Birkerød
Vognmandsmarken 72, 4. tv, 2100 København Ø

Former names

Grey Matter ApS – now
Grey Matter IVS –
ENVELOPE IVS –

Employees per year

Number of employees at Grey Matter ApS per year472017: 320172018: 72018

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Grey Matter ApS

Has Grey Matter ApS gone bankrupt?

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

What is the bankruptcy risk of Grey Matter 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 Grey Matter ApS?

Andreas Testrup Olesen is the CEO of Grey Matter ApS.

Who is the auditor of Grey Matter ApS?

Grey Matter ApS most recently used ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Grey Matter ApS founded?

Grey Matter ApS was founded on 11 July 2014.

What is the equity of Grey Matter ApS?

Equity was DKK 2.7m 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.