iCreate APS

CVR 37074764 · Private limited company (ApS) · Active · Low risk

iCreate APS is a Private limited company (ApS), founded on , based in Dragør. The company is registered in the industry andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK -17k.

Bankruptcy risk for iCreate APS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
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
37074764
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Morten Friis-Olivarius, Ndr Engvej 1
2791 Dragør
Municipality
Dragør
Industry
Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n. (749990)
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 late6 of 11
Missing annual reportNo
Negative equityNo
Equity ratio74.2%
Current ratio23%
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 year202520242023
Gross profitDKK 77kDKK 105kDKK -124k
Net profitDKK -17kDKK 73kDKK -109k
EquityDKK 2.5mDKK 2.5mDKK 2.5m
Total assetsDKK 3.3mDKK 3.2mDKK 3.4m
CashDKK 140kDKK 18k–
Short-term debtDKK 857kDKK 678k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025217 Late
1 Jan 2024 – 31 Dec 2024187 Late
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021199 Late
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019167
1 Jan 2018 – 31 Dec 2018182
1 Jan 2017 – 31 Dec 2017170
1 Jan 2016 – 31 Dec 2016168
1 Sep 2015 – 31 Dec 2015151

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
Owner (100%)Morten de Fine Friis-OlivariusCurrent
FounderMorten de Fine Friis-OlivariusCurrent

Address history (0 moves)

c/o Morten Friis-Olivarius, Ndr Engvej 1, 2791 Dragør

Former names

iCreate APS – now
iCreate IVS –

Similar companies in Dragør

Questions and answers about iCreate APS

Has iCreate APS gone bankrupt?

No, iCreate APS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of iCreate APS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

When was iCreate APS founded?

iCreate APS was founded on 1 September 2015.

What is the equity of iCreate APS?

Equity was DKK 2.5m 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.