Subaio ApS

CVR 37766585 · Private limited company (ApS) · Active · Medium risk

Subaio ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -6.2m and a net result of DKK -4.1m. CEO: Lucas Tyler Fier.

Bankruptcy risk for Subaio ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
37766585
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Gasværksvej 26, 1.
9000 Aalborg
Municipality
Aalborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 171k
Employees
19 (2018)
Auditor
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-97.8%
Current ratio43%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 16.6mDKK 10.9mDKK 8.8m
Net profitDKK -4.1mDKK -14.2mDKK -15.1m
EquityDKK -6.2mDKK -2.1mDKK 12.1m
Total assetsDKK 6.3mDKK 9.4mDKK 20.5m
CashDKK 2.8mDKK 5.3m–
Short-term debtDKK 12.5mDKK 11.5m–
Avg. employees3340–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023168
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021170
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017150
31 May 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
CEOLucas Tyler FierCurrent
CEOThorleif Astrup Hallund
CEOSøren Nielsen
CEOFrederrick Tristan Malte Hamann
BoardThomas Kjølby LaursenCurrent
BoardMartin Oliver MadsenCurrent
BoardBrian Grøn JørgensenCurrent
BoardFrancisco Javier Perez SanchezCurrent
BoardMalthe Isbye Adeler-Bjarnø FalckCurrent
BoardCasper KidmoseCurrent
BoardKim Østergaard
BoardBrian Grøn Jørgensen
BoardOle Madsen
BoardOle Madsen
BoardMads Steenberg Lykke
BoardJesper Leth Dammand
BoardJohn Lundsgaard
Owner (5%)Oliver Mikaelsen Invest ApSCurrent
Owner (10%)SCOTT LAURSEN HOLDING ApSCurrent
Owner (10%)Brian Grøn Jørgensen Holding ApSCurrent
Owner (20%)Nordea Bank AbpCurrent
Owner (20%)Global PayTech Ventures, LLCCurrent
Owner (20%)NYKREDIT REALKREDIT A/SCurrent
Owner (50%)SCOTT LAURSEN HOLDING ApS
Owner (50%)Brian Grøn Jørgensen Holding ApS
Owner (25%)SCOTT LAURSEN HOLDING ApS
Owner (25%)Brian Grøn Jørgensen Holding ApS
Owner (33%)SPAR NORD BANK A/S
Owner (20%)SPAR NORD BANK A/S
Owner (25%)Nordea Bank AB
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKABCurrent
FounderSCOTT LAURSEN HOLDING ApSCurrent
FounderBrian Grøn Jørgensen Holding ApSCurrent

The CEOs' other companies

Thorleif Astrup Hallund – 2 other companies

Søren Nielsen – 4 other companies

Frederrick Tristan Malte Hamann – 1 other companies, of which 1 bankrupt

Address history (3 moves)

Gasværksvej 26, 1., 9000 Aalborg
Gasværksvej 26, 1., 9000 Aalborg
Bådehavnsvej 13, 1. th, 9000 Aalborg
c/o ´Rocket Labs Aalborg, Alexander Foss Gade 13, 9000 Aalborg

Former names

Subaio ApS – now
SubHub ApS –

Employees per year

Number of employees at Subaio ApS per year10192016: 220162017: 520172018: 192018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Subaio ApS

Has Subaio ApS gone bankrupt?

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

What is the bankruptcy risk of Subaio ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Subaio ApS?

Lucas Tyler Fier is the CEO of Subaio ApS.

Who is the auditor of Subaio ApS?

Subaio ApS most recently used REDMARK, GODKENDT REVISIONSPARTNERSELSKAB.

When was Subaio ApS founded?

Subaio ApS was founded on 31 May 2016.

What is the equity of Subaio ApS?

Equity was DKK -6.2m 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.