AppNexus Denmark ApS

CVR 37112836 · Private limited company (ApS) · Active · Low risk

AppNexus Denmark ApS is a Private limited company (ApS), founded on , based in Kongens Lyngby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 302k and a net result of DKK -1,284. CEO: Benjamin Owen Orndorff, Leigh Anne Kiviat.

Bankruptcy risk for AppNexus Denmark ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
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

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
37112836
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Kanalvej 7
2800 Kongens Lyngby
Municipality
Lyngby-Taarbæk
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Employees
1 (2018)
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityNo
Equity ratio62.7%
Current ratio268%
Moves (last 2 years)0
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 18kDKK 15k
Net profitDKK -1,284DKK 9,045
EquityDKK 302kDKK 303k
Total assetsDKK 482kDKK 586k
CashDKK 423k–
Short-term debtDKK 180k–
Tax owedDKK 9,275–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025171
1 Jul 2023 – 30 Jun 2024180
1 Jan 2022 – 30 Jun 2023158
1 Jan 2021 – 31 Dec 2021216 Late
1 Jan 2020 – 31 Dec 2020225 Late
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018179
1 Jan 2017 – 31 Dec 2017137
25 Sep 2015 – 31 Dec 2016158

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
CEOBenjamin Owen OrndorffCurrent
CEOLeigh Anne KiviatCurrent
CEOMichael Evan Rubenstein
CEOCharles Brian O'Kelley
CEOJerome John Underhill
CEOMark David Bastow
Owner (100%)Xandr Inc.Current
FounderAppNexus Inc.Current

Address history (2 moves)

Kanalvej 7, 2800 Kongens Lyngby
c/o NJORD Law Firm, Pilestræde 58, 6., 1112 København K
c/o Horten Advokatpartnerselskab, Philip Heymans Alle 7, 2900 Hellerup

Employees per year

Number of employees at AppNexus Denmark ApS per year112015: 120152016: 120162017: 120172018: 12018

Other companies at the same address

Similar companies in Lyngby-Taarbæk

Questions and answers about AppNexus Denmark ApS

Has AppNexus Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of AppNexus Denmark ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of AppNexus Denmark ApS?

Benjamin Owen Orndorff, Leigh Anne Kiviat are the CEOs of AppNexus Denmark ApS.

Who is the auditor of AppNexus Denmark ApS?

AppNexus Denmark ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was AppNexus Denmark ApS founded?

AppNexus Denmark ApS was founded on 25 September 2015.

What is the equity of AppNexus Denmark ApS?

Equity was DKK 302k according to the annual report for the period ending 30 June 2025.

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