Area9 Innovation ApS

CVR 36921897 · Private limited company (ApS) · Active · Low risk

Area9 Innovation ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -22.1m and a net result of DKK -2.2m. CEO: Asger Kunuk Alstrup Palm.

Bankruptcy risk for Area9 Innovation ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%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×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · 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
36921897
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Galionsvej 37
1437 København K
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
5 (2018)
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-147.2%
Current ratio195%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 8.3mDKK 6.8m
Net profitDKK -2.2mDKK -3.6m
EquityDKK -22.1mDKK -19.9m
Total assetsDKK 15.0mDKK 16.9m
CashDKK 16k–
Short-term debtDKK 983k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022185 Late
1 Jun 2020 – 31 May 2021157
1 Jun 2019 – 31 May 2020164
1 Jun 2018 – 31 May 2019161
1 Jun 2017 – 31 May 2018167
1 Jun 2016 – 31 May 2017168
9 Jun 2015 – 31 May 2016160

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
CEOAsger Kunuk Alstrup PalmCurrent
BoardAsger Kunuk Alstrup PalmCurrent
BoardUlrik Juul ChristensenCurrent
BoardTommy Højfeld Frahm OlesenCurrent
BoardChaudhri Khurram JamilCurrent
BoardSolvej Ge Hyun Lee Ørnstrand
Owner (100%)AREA9 INVEST ApSCurrent
Owner (25%)FONTANKA ApS
Owner (25%)AOA ApS
Owner (25%)CECU ApS
Owner (25%)CKJ ApS
AuditorSønderup Godkendt RevisionsaktieselskabCurrent
AuditorSønderup I/S, statsautoriserede revisorer
FounderFONTANKA ApSCurrent
FounderAOA ApSCurrent
FounderCECU ApSCurrent
FounderCKJ ApSCurrent

The CEOs' other companies

Asger Kunuk Alstrup Palm – 13 other companies

Address history (1 moves)

Galionsvej 37, 1437 København K
Galionsvej 37, 1437 København K

Former names

Area9 Innovation ApS – now
Area9 Ventures ApS –

Employees per year

Number of employees at Area9 Innovation ApS per year352016: 320162017: 420172018: 52018

Other companies at the same address

Similar companies in København

Questions and answers about Area9 Innovation ApS

Has Area9 Innovation ApS gone bankrupt?

No, Area9 Innovation ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Area9 Innovation ApS?

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 CEO of Area9 Innovation ApS?

Asger Kunuk Alstrup Palm is the CEO of Area9 Innovation ApS.

Who is the auditor of Area9 Innovation ApS?

Area9 Innovation ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was Area9 Innovation ApS founded?

Area9 Innovation ApS was founded on 9 June 2015.

What is the equity of Area9 Innovation ApS?

Equity was DKK -22.1m 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.