Initiate ApS

CVR 37609757 · Private limited company (ApS) · Active · Low risk

Initiate ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 6.3m and a net result of DKK 549k. CEO: Kasper Torstein Thomsen, Morten Straube Andersson.

Bankruptcy risk for Initiate ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
37609757
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Kultorvet 2
1175 København K
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 100k
Employees
4 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio64.8%
Current ratio245%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 17.7mDKK 17.5m
Net profitDKK 549kDKK 1.3m
EquityDKK 6.3mDKK 5.7m
Total assetsDKK 9.7mDKK 11.0m
CashDKK 3.0m–
Short-term debtDKK 3.4m–
Tax owedDKK 22k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 2024150
1 Jan 2023 – 31 Dec 202367
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 202060
1 Jan 2019 – 31 Dec 201949
1 Jan 2018 – 31 Dec 2018121
1 Jan 2017 – 31 Dec 2017151
12 Apr 2016 – 31 Dec 201661

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
CEOKasper Torstein ThomsenCurrent
CEOMorten Straube AnderssonCurrent
Owner (50%)Ymo Holding ApSCurrent
Owner (50%)Kasper Torstein Holding ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
FounderYmo Holding ApSCurrent
FounderKasper Torstein Holding ApSCurrent

The CEOs' other companies

Kasper Torstein Thomsen – 2 other companies

Address history (4 moves)

Kultorvet 2, 1175 København K
Niels Ebbesens Vej 17, 1911 Frederiksberg C
Rosenørns Alle 29, 2., 1970 Frederiksberg C
H.C. Ørsteds Vej 50C, 1879 Frederiksberg C
Vesterbrogade 149, 1620 København V

Employees per year

Number of employees at Initiate ApS per year242016: 220162017: 320172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about Initiate ApS

Has Initiate ApS gone bankrupt?

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

What is the bankruptcy risk of Initiate ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Initiate ApS?

Kasper Torstein Thomsen, Morten Straube Andersson are the CEOs of Initiate ApS.

Who is the auditor of Initiate ApS?

Initiate ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Initiate ApS founded?

Initiate ApS was founded on 12 April 2016.

What is the equity of Initiate ApS?

Equity was DKK 6.3m 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.