Firtal Tech ApS

CVR 37234117 · Private limited company (ApS) · Active · Medium risk

Firtal Tech ApS is a Private limited company (ApS), founded on , based in Lystrup. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Mar 2026) shows equity of DKK -1.1m and a net result of DKK -1.0m. CEO: Rasmus Dencker Frederiksen.

Bankruptcy risk for Firtal Tech ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
37234117
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Møgelhøj 8
8520 Lystrup
Municipality
Aarhus
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 100k
Employees
4 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-21.9%
Current ratio17%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 1.5mDKK 1.7mDKK 2.2m
Net profitDKK -1.0mDKK -696kDKK -321k
EquityDKK -1.1mDKK -27kDKK 669k
Total assetsDKK 4.8mDKK 4.7mDKK 5.6m
CashDKK 433kDKK 0–
Short-term debtDKK 5.0mDKK 3.7m–
Avg. employees23–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026150
1 Apr 2024 – 31 Mar 2025154
1 Apr 2023 – 31 Mar 2024156
1 Apr 2022 – 31 Mar 202387
1 Apr 2021 – 31 Mar 202290
1 Apr 2020 – 31 Mar 202190
1 Apr 2019 – 31 Mar 202083
1 Jan 2018 – 31 Mar 201959
1 Jan 2017 – 31 Dec 2017144
17 Nov 2015 – 31 Dec 201695

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
CEORasmus Dencker FrederiksenCurrent
BoardJesper Ernst HvejselCurrent
BoardMikkel SallingCurrent
BoardPeter HestbækCurrent
BoardRune Fink Udby
BoardBrian Andersen
Owner (50%)FIRTAL GROUP ApSCurrent
Owner (33%)Femtal ApSCurrent
Owner (33%)Rasmus Dencker FrederiksenCurrent
Owner (67%)FIRTAL GROUP ApS
Owner (20%)Femtal ApS
Owner (100%)FIRTAL GROUP ApS
Owner (67%)FIRTAL GROUP ApS
Owner (20%)Femtal ApS
Owner (25%)Femtal ApS
Owner (33%)Rasmus Dencker Frederiksen
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderFIRTAL GROUP ApSCurrent
FounderFemtal ApSCurrent

The CEOs' other companies

Rasmus Dencker Frederiksen – 5 other companies

Address history (2 moves)

Møgelhøj 8, 8520 Lystrup
Møgelhøj 8, 8520 Lystrup
Ravnsøvej 40, 8240 Risskov

Employees per year

Number of employees at Firtal Tech ApS per year242017: 420172018: 42018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Firtal Tech ApS

Has Firtal Tech ApS gone bankrupt?

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

What is the bankruptcy risk of Firtal Tech ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Firtal Tech ApS?

Rasmus Dencker Frederiksen is the CEO of Firtal Tech ApS.

Who is the auditor of Firtal Tech ApS?

Firtal Tech ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Firtal Tech ApS founded?

Firtal Tech ApS was founded on 17 November 2015.

What is the equity of Firtal Tech ApS?

Equity was DKK -1.1m according to the annual report for the period ending 31 March 2026.

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