RIVER ONLINE ApS
CVR 36489987 · Private limited company (ApS) · Active · High risk
RIVER ONLINE ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 10 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1.2m and a net result of DKK -4.3m. CEO: Lars Juhl, Anders Hviid Kühnel.
Bankruptcy risk for RIVER ONLINE ApS
2.0 × the average (1.41%) · higher risk than 87% of active Danish companies
Increases the risk
Reduces the risk
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
- 36489987
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (11 years)
- Address
- Havnegade 34A
5000 Odense C - Municipality
- Odense
- Industry
- Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Webportaler - Share capital
- DKK 54k
- Employees
- 25 (2018)
- Auditor
- MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 10 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -32.0% |
| Current ratio | 79% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 36 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 6.5m | DKK 4.6m | DKK 6.1m |
| Net profit | DKK -4.3m | DKK -494k | DKK 245k |
| Equity | DKK -1.2m | DKK 3.1m | DKK 3.1m |
| Total assets | DKK 3.8m | DKK 6.6m | DKK 7.6m |
| Cash | DKK 344k | DKK 232k | – |
| Short-term debt | DKK 4.4m | DKK 2.9m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 12 | 10 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 196 | Late | |
| 1 Jul 2023 – 30 Jun 2024 | 212 | Late | |
| 1 Jul 2022 – 30 Jun 2023 | 200 | Late | |
| 1 Jul 2021 – 30 Jun 2022 | 188 | Late | |
| 1 Jul 2020 – 30 Jun 2021 | 166 | ||
| 1 Jul 2019 – 30 Jun 2020 | 142 | ||
| 1 Jul 2018 – 30 Jun 2019 | 151 | ||
| 1 Jul 2017 – 30 Jun 2018 | 121 | ||
| 1 Jul 2016 – 30 Jun 2017 | 90 | ||
| 5 Jan 2015 – 30 Jun 2016 | 82 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Lars Juhl | Current | |
| CEO | Anders Hviid Kühnel | Current | |
| CEO | Jesper Riber Jensen | ||
| Owner (67%) | River Online Group ApS | Current | |
| Owner (25%) | River Partners DK ApS | Current | |
| Owner (100%) | RIVER INVEST ApS | ||
| Owner (90%) | RIVER INVEST ApS | ||
| Owner (10%) | River Partners Holding ApS | ||
| Owner (10%) | THOMAS MUUS HOLDING ApS | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | ||
| Founder | RIVER INVEST ApS | Current |
The CEOs' other companies
Lars Juhl – 1 other companies
- River Partners Holding ApS Active
Anders Hviid Kühnel – 6 other companies
- River Online DE Holding ApS Active
- River Online Group ApS Active
- River Partners DK ApS Active
- Selskabet af den 15. marts 2021 ApS Opløst
- Setion ApS Active
- Setion Holding ApS Active
Jesper Riber Jensen – 8 other companies
- CR Holding Danmark ApS Opløst
- Comunchi ApS Active
- Navipair ApS Compulsorily dissolved
- RIVER INVEST ApS Active
- River Online DE Holding ApS Active
- River Online Group ApS Active
- River Partners DK ApS Active
- River Partners Holding II ApS Active
Address history (2 moves)
| Havnegade 34A, 5000 Odense C | |
| Banegårdspladsen 4, 6000 Kolding | |
| Jernbanegade 25, 1., 6000 Kolding |
Employees per year
Other companies at the same address
- MyEpi ApS Bankrupt
- A Clean Spirit ApS Active
- ARKINOVA ApS Active
- BARGROUP DRINKS ApS Active
- BGM Ejendomme, Odense ApS Active
- Bargroup Administration ApS Active
- Bargroup Food Administration ApS Active
- Bargroup Holding ApS Active
- Bødker Invest ApS Active
- CAFE SKT. GERTRUD ApS Active
- DAICA Agentur ApS Active
- DAICA ApS Active
- DAICA Ejendomme ApS Active
- DDT Holding ApS Active
- Daica Holding ApS Active
- Den Smagløse Cafe Odense ApS Active
- ELEMENT LOGIC DENMARK A/S Active
- Fynske Fristelser ApS Active
- Hentze Invest Odense ApS Active
- Inteka Rådgivende Ingeniører ApS Fusioneret
- Klosterkroen Odense ApS Active
- PENAW ApS Active
- PEOPLELINK ApS Active
- RIVER INVEST ApS Active
- River Ads ApS Active
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Questions and answers about RIVER ONLINE ApS
Has RIVER ONLINE ApS gone bankrupt?
No, RIVER ONLINE ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of RIVER ONLINE ApS?
Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.
Who is the CEO of RIVER ONLINE ApS?
Lars Juhl, Anders Hviid Kühnel are the CEOs of RIVER ONLINE ApS.
Who is the auditor of RIVER ONLINE ApS?
RIVER ONLINE ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was RIVER ONLINE ApS founded?
RIVER ONLINE ApS was founded on 5 January 2015.
What is the equity of RIVER ONLINE ApS?
Equity was DKK -1.2m 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.