Encoded ApS

CVR 37612901 · Private limited company (ApS) · Active · Low risk

Encoded ApS is a Private limited company (ApS), founded on , based in Egå. The company is registered in the industry industrielt design og modedesign. 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. The latest annual report (31 Dec 2025) shows equity of DKK -465k and a net result of DKK -201k. CEO: Trine Bøttger, Lone Husted.

Bankruptcy risk for Encoded 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
37612901
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Bredkær Parkvej 32
8250 Egå
Municipality
Aarhus
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-438.7%
Current ratio19%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 143kDKK 503k
Gross profitDKK -191kDKK -88k
Net profitDKK -201kDKK -120k
EquityDKK -465kDKK -264k
Total assetsDKK 106kDKK 283k
CashDKK 3,755–
Short-term debtDKK 570k–
Avg. employees2–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022176
1 Jan 2021 – 31 Dec 2021163
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017121 Restated
14 Apr 2016 – 31 Dec 2016152

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
CEOTrine BøttgerCurrent
CEOLone HustedCurrent
Owner (50%)HUSTED HOLDING ApSCurrent
Owner (100%)Trine Bøttger Holding IVS
Owner (50%)Trine Bøttger Holding IVS
Owner (50%)TB Design 150 Holding IVS
FounderTrine Bøttger Holding IVSCurrent

The CEOs' other companies

Trine Bøttger – 2 other companies, of which 1 bankrupt

Lone Husted – 11 other companies, of which 2 bankrupt

Address history (2 moves)

Bredkær Parkvej 32, 8250 Egå
Ny Carlsberg Vej 150, 1799 København V
Værnedamsvej 10, 1619 København V

Former names

Encoded ApS – now
Encoded IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Encoded ApS

Has Encoded ApS gone bankrupt?

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

What is the bankruptcy risk of Encoded 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.

Who is the CEO of Encoded ApS?

Trine Bøttger, Lone Husted are the CEOs of Encoded ApS.

When was Encoded ApS founded?

Encoded ApS was founded on 14 April 2016.

What is the equity of Encoded ApS?

Equity was DKK -465k 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.