Brahe Watches ApS

CVR 36981660 · Private limited company (ApS) · Active · Low risk

Brahe Watches ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry engroshandel med ure og smykker. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 10 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 53k and a net result of DKK 0. CEO: Jens Wittrup Præstbrogaard.

Bankruptcy risk for Brahe Watches ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
36981660
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Kasper Toft Axelsen, Ulfeldtsvej 11
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK 0DKK 0
EquityDKK 53kDKK 53k
Total assetsDKK 53kDKK 53k
CashDKK 2,603–
Short-term debtDKK 0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202594
1 Oct 2023 – 30 Sep 2024112
1 Oct 2022 – 30 Sep 2023134
1 Oct 2021 – 30 Sep 2022163
1 Oct 2020 – 30 Sep 2021121
1 Oct 2019 – 30 Sep 2020155
1 Oct 2018 – 30 Sep 2019151
1 Oct 2017 – 30 Sep 2018107
1 Oct 2016 – 30 Sep 201773
10 Aug 2015 – 30 Sep 201668

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
CEOJens Wittrup PræstbrogaardCurrent
BoardKasper Toft AxelsenCurrent
BoardJens Wittrup PræstbrogaardCurrent
Owner (33%)Kasper Toft AxelsenCurrent
Owner (33%)Jens Wittrup PræstbrogaardCurrent
Owner (5%)Asbjørn MejlvangCurrent
FounderKasper Toft AxelsenCurrent
FounderJens Wittrup PræstbrogaardCurrent

Address history (2 moves)

c/o Kasper Toft Axelsen, Ulfeldtsvej 11, 8700 Horsens
c/o Kasper Toft Axelsen, Otte Ruds Gade 5, 4. tv, 8200 Aarhus N
c/o Jens Wittrup Præstbrogaard, Christen Købkes Gade 14, st. th, 8000 Aarhus C

Similar companies in Horsens

Questions and answers about Brahe Watches ApS

Has Brahe Watches ApS gone bankrupt?

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

What is the bankruptcy risk of Brahe Watches ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Brahe Watches ApS?

Jens Wittrup Præstbrogaard is the CEO of Brahe Watches ApS.

When was Brahe Watches ApS founded?

Brahe Watches ApS was founded on 10 August 2015.

What is the equity of Brahe Watches ApS?

Equity was DKK 53k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.