Design by Witt ApS

CVR 36950994 · Private limited company (ApS) · Active · Low risk

Design by Witt ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -61k and a net result of DKK 4,862. CEO: Martin Leudanski Witt.

Bankruptcy risk for Design by Witt 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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
36950994
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Martin Witt, Engtoftevej 7, st. tv
1816 Frederiksberg C
Municipality
Frederiksberg
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-20.6%
Current ratio83%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 365kDKK 235kDKK 257k
Net profitDKK 4,862DKK -67kDKK 99k
EquityDKK -61kDKK -66kDKK 26k
Total assetsDKK 295kDKK 262kDKK 328k
CashDKK 268kDKK 224k–
Short-term debtDKK 356kDKK 327k–
Tax owedDKK 29kDKK 24k–
Avg. employees11–

Latest annual report: Reporting class B · 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 2023179
1 Jan 2022 – 31 Dec 2022141
1 Jan 2021 – 31 Dec 2021135
1 Jan 2020 – 31 Dec 2020133
1 Jan 2019 – 31 Dec 2019209 Late
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017172
1 Jul 2015 – 31 Dec 2016131

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
CEOMartin Leudanski WittCurrent
Owner (100%)Koncept Witt Holding ApSCurrent
FounderKoncept Witt Holding ApSCurrent

The CEOs' other companies

Martin Leudanski Witt – 3 other companies

Address history (0 moves)

c/o Martin Witt, Engtoftevej 7, st. tv, 1816 Frederiksberg C

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Design by Witt ApS

Has Design by Witt ApS gone bankrupt?

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

What is the bankruptcy risk of Design by Witt 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 Design by Witt ApS?

Martin Leudanski Witt is the CEO of Design by Witt ApS.

When was Design by Witt ApS founded?

Design by Witt ApS was founded on 25 June 2015.

What is the equity of Design by Witt ApS?

Equity was DKK -61k 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.