TO DEVELOPE ApS

CVR 36922702 · Private limited company (ApS) · Active · Low risk

TO DEVELOPE ApS is a Private limited company (ApS), founded on , based in Odense N. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 23k and a net result of DKK -1,125. CEO: Lene Bang Pedersen.

Bankruptcy risk for TO DEVELOPE ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

Registered owners0 · bankruptcy rate 51.4%5.8×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
36922702
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Ole Frydensbjerg, Brinken 4
5270 Odense N
Municipality
Odense
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue––DKK 0
Gross profit–DKK 0DKK -13k
Net profitDKK -1,125DKK -676DKK -9,913
EquityDKK 23kDKK 24kDKK 25k
Total assetsDKK 23kDKK 24kDKK 25k
CashDKK 3,956DKK 5,080–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021157
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019243 Late
1 Jan 2018 – 31 Dec 2018152
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016152
10 Jun 2015 – 31 Dec 2015186 Late

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
CEOLene Bang PedersenCurrent
CEOOle Frydensbjerg Petersen
FounderOle Frydensbjerg PetersenCurrent

The CEOs' other companies

Lene Bang Pedersen – 3 other companies

Ole Frydensbjerg Petersen – 16 other companies, of which 5 bankrupt

Address history (0 moves)

c/o Ole Frydensbjerg, Brinken 4, 5270 Odense N

Former names

TO DEVELOPE ApS – now
TO DEVELOPE IVS –

Similar companies in Odense

Questions and answers about TO DEVELOPE ApS

Has TO DEVELOPE ApS gone bankrupt?

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

What is the bankruptcy risk of TO DEVELOPE ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of TO DEVELOPE ApS?

Lene Bang Pedersen is the CEO of TO DEVELOPE ApS.

When was TO DEVELOPE ApS founded?

TO DEVELOPE ApS was founded on 10 June 2015.

What is the equity of TO DEVELOPE ApS?

Equity was DKK 23k 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.