LogicAppSource ApS

CVR 37498378 · Private limited company (ApS) · Active · Low risk

LogicAppSource ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 10 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -16k and a net result of DKK 16k.

Bankruptcy risk for LogicAppSource ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
37498378
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o patrick sahlgren, Ålholmvej 48, 1.
2500 Valby
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-11.8%
Current ratio76%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 132kDKK 44kDKK 103k
Net profitDKK 16kDKK -39kDKK -43k
EquityDKK -16kDKK -32kDKK 7,252
Total assetsDKK 133kDKK 45kDKK 157k
CashDKK 546DKK 8,106–
Short-term debtDKK 149kDKK 77k–
Avg. employees21–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021190 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019257 Late
1 Jan 2018 – 31 Dec 2018153
1 Jan 2017 – 31 Dec 2017172
1 Mar 2016 – 31 Dec 2016174

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%)Patrick Gall SahlgrenCurrent
FounderPatrick Gall SahlgrenCurrent

Address history (2 moves)

c/o patrick sahlgren, Ålholmvej 48, 1., 2500 Valby
c/o patrick sahlgren, Norgesgade 10, 3. 1, 2300 København S
Bellahøjvej 140, 1. tv, 2720 Vanløse

Former names

LogicAppSource ApS – now
LogicAppSource IVS –

Other companies at the same address

Similar companies in København

Questions and answers about LogicAppSource ApS

Has LogicAppSource ApS gone bankrupt?

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

What is the bankruptcy risk of LogicAppSource ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

When was LogicAppSource ApS founded?

LogicAppSource ApS was founded on 29 February 2016.

What is the equity of LogicAppSource ApS?

Equity was DKK -16k 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.