UTURN2INNOVATION ApS

CVR 36485841 · Private limited company (ApS) · Active · Low risk

UTURN2INNOVATION ApS is a Private limited company (ApS), founded on , based in Galten. The company is registered in the industry 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, 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 69.8m and a net result of DKK -4.9m. CEO: Christian Engsted.

Bankruptcy risk for UTURN2INNOVATION ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
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×
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×

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
36485841
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Helledigevej 6
8464 Galten
Municipality
Skanderborg
Industry
Finansielle holdingselskaber (642110)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 975k
Employees
0 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio34,565%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.0mDKK -610kDKK -527k
Net profitDKK -4.9mDKK 2.4mDKK -1.7m
EquityDKK 69.8mDKK 76.5mDKK 76.2m
Total assetsDKK 69.9mDKK 76.6mDKK 76.6m
CashDKK 2.6mDKK 9.3m–
Short-term debtDKK 131kDKK 156k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022182
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 202059
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016170
8 Jan 2015 – 31 Dec 2015162

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
CEOChristian EngstedCurrent
Owner (67%)Christian EngstedCurrent
Owner (5%)Josephine Amalie Geil EngstedCurrent
Owner (5%)Annalee Karoline EngstedCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderChristian EngstedCurrent

The CEOs' other companies

Christian Engsted – 15 other companies

Address history (0 moves)

Helledigevej 6, 8464 Galten

Employees per year

Number of employees at UTURN2INNOVATION ApS per year112018: 02018

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about UTURN2INNOVATION ApS

Has UTURN2INNOVATION ApS gone bankrupt?

No, UTURN2INNOVATION ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of UTURN2INNOVATION 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 UTURN2INNOVATION ApS?

Christian Engsted is the CEO of UTURN2INNOVATION ApS.

Who is the auditor of UTURN2INNOVATION ApS?

UTURN2INNOVATION ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was UTURN2INNOVATION ApS founded?

UTURN2INNOVATION ApS was founded on 8 January 2015.

What is the equity of UTURN2INNOVATION ApS?

Equity was DKK 69.8m 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.