ITU BUSINESS DEVELOPMENT A/S

CVR 36446358 · Public limited company (A/S) · Active · Low risk

ITU BUSINESS DEVELOPMENT A/S is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK 35k.

Bankruptcy risk for ITU BUSINESS DEVELOPMENT A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
36446358
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
c/o ITU-Universitetet i København, Rued Langgaards Vej 7
2300 København S
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 1.0m
Employees
3 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio67.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address33
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 2.7mDKK 2.6m
Gross profitDKK 2.3mDKK 2.2m
Net profitDKK 35kDKK 50k
EquityDKK 2.1mDKK 2.1m
Total assetsDKK 3.2mDKK 3.2m
CashDKK 2.7m–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025146
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022159
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 202078
1 Jan 2019 – 31 Dec 2019112
1 Jan 2018 – 31 Dec 2018136
1 Jan 2017 – 31 Dec 2017102
1 Jan 2016 – 31 Dec 201697
1 Jan 2015 – 31 Dec 2015104
18 Sep 2014 – 31 Dec 2014159

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
CEOKristine Helen Falgren
CEOAdam Hillestrøm
BoardGeorg Dam SteffensenCurrent
BoardAdam HillestrømCurrent
BoardJoo RungeCurrent
BoardAnne Sophie Spanner WitzkeCurrent
BoardMorten Flemming HjelholtCurrent
BoardNiels Bo Theilgaard Madsen
BoardJørgen Staunstrup
BoardUlrik Jensen
BoardTine Bruce Thygesen
BoardMalene Fagerberg
BoardMichael Moesgaard Andersen
BoardUlrik Jensen
BoardAnabella Stoica
BoardNikolaj Ehlers Oppermann
Owner (100%)IT-Universitetet i KøbenhavnCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderIT-Universitetet i KøbenhavnCurrent

The CEOs' other companies

Kristine Helen Falgren – 2 other companies, of which 2 bankrupt

Adam Hillestrøm – 16 other companies, of which 4 bankrupt

Address history (0 moves)

c/o ITU-Universitetet i København, Rued Langgaards Vej 7, 2300 København S

Employees per year

Number of employees at ITU BUSINESS DEVELOPMENT A/S per year232014: 020142015: 120152016: 120162017: 320172018: 32018

Other companies at the same address

Similar companies in København

Questions and answers about ITU BUSINESS DEVELOPMENT A/S

Has ITU BUSINESS DEVELOPMENT A/S gone bankrupt?

No, ITU BUSINESS DEVELOPMENT A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ITU BUSINESS DEVELOPMENT A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of ITU BUSINESS DEVELOPMENT A/S?

ITU BUSINESS DEVELOPMENT A/S most recently used EY Godkendt Revisionspartnerselskab.

When was ITU BUSINESS DEVELOPMENT A/S founded?

ITU BUSINESS DEVELOPMENT A/S was founded on 18 September 2014.

What is the equity of ITU BUSINESS DEVELOPMENT A/S?

Equity was DKK 2.1m 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.