Cassin Networks ApS

CVR 36967552 · Private limited company (ApS) · Active · Low risk

Cassin Networks ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 16.5bn and a net result of DKK 184.1m. CEO: Raj Paul Singh, Petra Lindner, Adam O'Reilly.

Bankruptcy risk for Cassin Networks ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
36967552
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Plesner Advokatpartnerselskab, Amerika Plads 37
2100 København Ø
Municipality
København
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 103k
Employees
52 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 10
Missing annual reportNo
Negative equityNo
Equity ratio89.4%
Current ratio72%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address102
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 2.6bnDKK 3.1bnDKK 2.5bn
Gross profitDKK 2.0bnDKK 2.5bnDKK 1.5bn
Net profitDKK 184.1mDKK 184.9mDKK 157.9m
EquityDKK 16.5bnDKK 15.4bnDKK 14.7bn
Total assetsDKK 18.4bnDKK 16.2bnDKK 15.3bn
CashDKK 0DKK 163.9m–
Short-term debtDKK 1.7bnDKK 562.9m–
Avg. employees6874–

Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017150
17 Jul 2015 – 31 Dec 2016150

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
CEORaj Paul SinghCurrent
CEOPetra LindnerCurrent
CEOAdam O'ReillyCurrent
CEOShane Crehan
CEODavid William Kling
CEOSusan Jennifer Simone Taylor
CEONisarg Pankaj Jariwala
Owner (100%)Facebook International Operations LimitedCurrent
Owner (100%)Wuronda Investments Limited
Owner (100%)Facebook International Operations Limited
Owner (100%)Facebook International Operations Limited
Owner (0%)Facebook Lux S.à r.l
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderWuronda Investments LimitedCurrent

Address history (1 moves)

c/o Plesner Advokatpartnerselskab, Amerika Plads 37, 2100 København Ø
c/o Accura Advokatpartnerselskab, Tuborg Boulevard 1, 2900 Hellerup

Employees per year

Number of employees at Cassin Networks ApS per year26522017: 920172018: 522018

Other companies at the same address

Similar companies in København

Questions and answers about Cassin Networks ApS

Has Cassin Networks ApS gone bankrupt?

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

What is the bankruptcy risk of Cassin Networks ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Cassin Networks ApS?

Raj Paul Singh, Petra Lindner, Adam O'Reilly are the CEOs of Cassin Networks ApS.

Who is the auditor of Cassin Networks ApS?

Cassin Networks ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Cassin Networks ApS founded?

Cassin Networks ApS was founded on 17 July 2015.

What is the equity of Cassin Networks ApS?

Equity was DKK 16.5bn 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.