WHITE CIRCLE Holding ApS

CVR 36936606 · Private limited company (ApS) · Active · Low risk

WHITE CIRCLE Holding ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 16k and a net result of DKK -16k. CEO: Sarah Falk Fredelund.

Bankruptcy risk for WHITE CIRCLE Holding ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
36936606
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Sarah Fredelund Nielsen, Istedgade 17, 3. th
1650 København V
Municipality
København
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio6.7%
Current ratio32%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -29kDKK -37k
Net profitDKK -16kDKK -36k
EquityDKK 16kDKK 32k
Total assetsDKK 240kDKK 206k
CashDKK 31k–
Short-term debtDKK 224k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019161
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017183
1 Jan 2016 – 31 Dec 2016172
12 Jun 2015 – 31 Dec 2015172

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
CEOSarah Falk FredelundCurrent
Owner (100%)Sarah Falk FredelundCurrent
FounderSarah Falk FredelundCurrent

The CEOs' other companies

Sarah Falk Fredelund – 4 other companies

Address history (1 moves)

c/o Sarah Fredelund Nielsen, Istedgade 17, 3. th, 1650 København V
Gammel Kongevej 35D, 1. tv, 1610 København V

Former names

WHITE CIRCLE Holding ApS – now
WHITE CIRCLE Holding IVS –

Other companies at the same address

Similar companies in København

Questions and answers about WHITE CIRCLE Holding ApS

Has WHITE CIRCLE Holding ApS gone bankrupt?

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

What is the bankruptcy risk of WHITE CIRCLE Holding ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of WHITE CIRCLE Holding ApS?

Sarah Falk Fredelund is the CEO of WHITE CIRCLE Holding ApS.

When was WHITE CIRCLE Holding ApS founded?

WHITE CIRCLE Holding ApS was founded on 12 June 2015.

What is the equity of WHITE CIRCLE Holding ApS?

Equity was DKK 16k 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.