Craftive Leather ApS

CVR 37907472 · Private limited company (ApS) · Active · Low risk

Craftive Leather ApS is a Private limited company (ApS), founded on , based in Almind. The company is registered in the industry anden distribution af medieindhold. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 98k and a net result of DKK 17k. CEO: Michael Rinkovski.

Bankruptcy risk for Craftive Leather ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
37907472
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Michael Rinkovski, Almind Østergade 3
6051 Almind
Municipality
Kolding
Industry
Anden distribution af medieindhold (603900)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 99k
Employees
2 (2018)
Auditor
Status RevisionGodkendt Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio55.4%
Current ratio224%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 258kDKK 206kDKK 277k
Net profitDKK 17kDKK -70kDKK -13k
EquityDKK 98kDKK 82kDKK 151k
Total assetsDKK 178kDKK 148kDKK 179k
CashDKK 147kDKK 84k–
Short-term debtDKK 79kDKK 67k–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Status RevisionGodkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024133
1 Jan 2023 – 31 Dec 2023147
1 Jan 2022 – 31 Dec 2022138
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019108
1 Jan 2018 – 31 Dec 2018127
1 Aug 2016 – 31 Dec 2017103

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
CEOMichael RinkovskiCurrent
Owner (67%)Michael RinkovskiCurrent
Owner (25%)Monica Paula Costa MatiasCurrent
FounderMichael RinkovskiCurrent

Address history (0 moves)

c/o Michael Rinkovski, Almind Østergade 3, 6051 Almind

Employees per year

Number of employees at Craftive Leather ApS per year122016: 120162017: 120172018: 22018

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Questions and answers about Craftive Leather ApS

Has Craftive Leather ApS gone bankrupt?

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

What is the bankruptcy risk of Craftive Leather ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Craftive Leather ApS?

Michael Rinkovski is the CEO of Craftive Leather ApS.

Who is the auditor of Craftive Leather ApS?

Craftive Leather ApS most recently used Status RevisionGodkendt Revisionsanpartsselskab.

When was Craftive Leather ApS founded?

Craftive Leather ApS was founded on 1 August 2016.

What is the equity of Craftive Leather ApS?

Equity was DKK 98k 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.