Extend IT APS

CVR 37679380 · Private limited company (ApS) · Active · Low risk

Extend IT APS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 950k and a net result of DKK 700k. CEO: Sveinn Madvig Sigfredsson.

Bankruptcy risk for Extend IT APS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37679380
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Weysesgade 52
2100 København Ø
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityNo
Equity ratio71.3%
Current ratio349%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK 888k
Net profitDKK 700kDKK 454k
EquityDKK 950kDKK 451k
Total assetsDKK 1.3mDKK 718k
CashDKK 563k–
Short-term debtDKK 382k–
Tax owedDKK 113k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023217 Late
1 Jul 2021 – 30 Jun 2022186 Late
1 Jul 2020 – 30 Jun 2021169
1 Jul 2019 – 30 Jun 2020187 Late
1 Jul 2018 – 30 Jun 2019188 Late
1 Jul 2017 – 30 Jun 2018185 Late
12 May 2016 – 30 Jun 2017184 Late

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
CEOSveinn Madvig SigfredssonCurrent
Owner (100%)Extend IT Holding APSCurrent
FounderExtend IT Holding APSCurrent

The CEOs' other companies

Sveinn Madvig Sigfredsson – 1 other companies

Address history (2 moves)

Weysesgade 52, 2100 København Ø
Hornemansgade 8, 1., 2100 København Ø
Rørholmsgade 3, 1. tv, 1352 København K

Former names

Extend IT APS – now
Extend IT IVS –

Employees per year

Number of employees at Extend IT APS per year122016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in København

Questions and answers about Extend IT APS

Has Extend IT APS gone bankrupt?

No, Extend IT APS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Extend IT APS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Extend IT APS?

Sveinn Madvig Sigfredsson is the CEO of Extend IT APS.

When was Extend IT APS founded?

Extend IT APS was founded on 12 May 2016.

What is the equity of Extend IT APS?

Equity was DKK 950k according to the annual report for the period ending 30 June 2025.

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