BITWARE ApS

CVR 36508132 · Private limited company (ApS) · Active · Low risk

BITWARE ApS is a Private limited company (ApS), founded on , based in Roskilde. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 367k and a net result of DKK 533k. CEO: Michael Pedersen.

Bankruptcy risk for BITWARE ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
36508132
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Kildehusvej 22, 1.
4000 Roskilde
Municipality
Roskilde
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
0 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 11
Missing annual reportNo
Negative equityNo
Equity ratio15.6%
Current ratio119%
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 2.1mDKK 3.2mDKK 3.6m
Net profitDKK 533kDKK 1.4mDKK 1.8m
EquityDKK 367kDKK 134kDKK 356k
Total assetsDKK 2.4mDKK 3.0mDKK 2.0m
CashDKK 797kDKK 1.5m–
Short-term debtDKK 2.0mDKK 2.9m–
Tax owedDKK 37kDKK 407k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021202 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018144
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016139
20 Jan 2015 – 31 Dec 2015147

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
CEOMichael PedersenCurrent
Owner (50%)MP TECHNOLOGIES ApSCurrent
Owner (50%)TECLEND ApSCurrent
FounderMP TECHNOLOGIES ApSCurrent
FounderTECLEND ApSCurrent

The CEOs' other companies

Michael Pedersen – 2 other companies

Address history (1 moves)

Kildehusvej 22, 1., 4000 Roskilde
Kildehusvej 20, 4000 Roskilde

Employees per year

Number of employees at BITWARE ApS per year112017: 120172018: 02018

Other companies at the same address

Similar companies in Roskilde

Questions and answers about BITWARE ApS

Has BITWARE ApS gone bankrupt?

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

What is the bankruptcy risk of BITWARE ApS?

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

Who is the CEO of BITWARE ApS?

Michael Pedersen is the CEO of BITWARE ApS.

Who is the auditor of BITWARE ApS?

BITWARE ApS most recently used Beierholm.

When was BITWARE ApS founded?

BITWARE ApS was founded on 20 January 2015.

What is the equity of BITWARE ApS?

Equity was DKK 367k 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.