FarPay ApS

CVR 37295043 · Private limited company (ApS) · Active · Medium risk

FarPay ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -443k and a net result of DKK -4.2m. CEO: Rasmus Overbeck Christensen.

Bankruptcy risk for FarPay ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
37295043
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Wildersgade 10B, 2.
1408 København K
Municipality
København
Industry
Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring (661900)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-5.0%
Current ratio13%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address21
Going-concern uncertaintyYes

Financials and key figures

Financial year2025202420242023
Gross profitDKK 4.9mDKK 3.4mDKK 6.3mDKK 4.6m
Net profitDKK -4.2mDKK -776kDKK 981kDKK -208k
EquityDKK -443kDKK 3.8mDKK 4.6mDKK 3.6m
Total assetsDKK 8.8mDKK 12.7mDKK 11.0mDKK 9.9m
CashDKK 448kDKK 3.0mDKK 1.7m–
Short-term debtDKK 9.2mDKK 7.8mDKK 2.9m–
Avg. employees953–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Apr 2023 – 31 Mar 2024145
1 Apr 2022 – 31 Mar 2023179
1 Apr 2021 – 31 Mar 2022134
1 Apr 2020 – 31 Mar 2021140
1 Apr 2019 – 31 Mar 2020155
1 Apr 2018 – 31 Mar 2019156
1 Apr 2017 – 31 Mar 2018152
11 Dec 2015 – 31 Mar 2017157

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 Overbeck ChristensenCurrent
CEOAndrew Jensen
CEOBárður Háskor
BoardBen AraboCurrent
BoardMartijn Maurits BrandCurrent
BoardStijn Maurice A DauweCurrent
BoardJohannus Gunnar Egholm Hansen
BoardJes Tækker Stemann Brinch
BoardBárður Háskor
BoardSamal Juul Samuelsen
BoardVivi Egholm
BoardThomas Jensen
BoardAndrew Jensen
BoardKatrine Mitens
Owner (100%)Sp/F FarPayCurrent
Owner (100%)Sp/f FarPay
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSp/f FarPayCurrent

The CEOs' other companies

Rasmus Overbeck Christensen – 2 other companies

Address history (2 moves)

Wildersgade 10B, 2., 1408 København K
Wildersgade 14, 3., 1408 København K
Sundby Parkvej 8, 3. tv, 2300 København S

Employees per year

Number of employees at FarPay ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about FarPay ApS

Has FarPay ApS gone bankrupt?

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

What is the bankruptcy risk of FarPay ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of FarPay ApS?

Rasmus Overbeck Christensen is the CEO of FarPay ApS.

Who is the auditor of FarPay ApS?

FarPay ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was FarPay ApS founded?

FarPay ApS was founded on 11 December 2015.

What is the equity of FarPay ApS?

Equity was DKK -443k 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.