Q4 Denmark ApS

CVR 38023608 · Private limited company (ApS) · Active · Low risk

Q4 Denmark ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 annual reports have been published, of which 9 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.8m and a net result of DKK 576k. CEO: Leslie Elizabeth Lewis Westhaver, Darrell Heaps, Kenneth Jo-Hung Szeto.

Bankruptcy risk for Q4 Denmark ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
38023608
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Regus - Copenhagen, Ny Christiansborg, Christians Brygge 28
1559 København V
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 50k
Employees
2 (2018)
Auditor
Forvis Mazars Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late9 of 9
Missing annual reportNo
Negative equityNo
Equity ratio75.0%
Current ratio400%
Moves (last 2 years)0
CEO changes in total15
CEO's previous bankruptcies0
Other companies at the address82
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -482kDKK 5.8mDKK 1.6m
Net profitDKK 576kDKK 365kDKK 253k
EquityDKK 4.8mDKK 4.2mDKK 3.8m
Total assetsDKK 6.4mDKK 12.0mDKK 21.6m
CashDKK 3.0mDKK 3.4m–
Short-term debtDKK 1.6mDKK 7.8m–
Tax owed–DKK 0–
Avg. employees03–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025271 Late
1 Jan 2024 – 31 Dec 2024204 Late
1 Jan 2023 – 31 Dec 2023193 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020218 Late
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018192 Late
20 Sep 2016 – 31 Dec 2017190 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
CEOLeslie Elizabeth Lewis WesthaverCurrent
CEODarrell HeapsCurrent
CEOKenneth Jo-Hung SzetoCurrent
CEOPeter Andreas Stakemann
CEOCarsten Nørgaard Bach
CEORyan Anthony Levenberg
CEORoland C. Beaulieu
CEODarrell Heaps
CEOStephen Alexander Devito
CEODonna Louise de Winther
CEOKenneth Jo-Hung Szeto
CEOLeslie Elizabeth Lewis Westhaver
Owner (100%)Q4 Inc.Current
AuditorForvis Mazars Statsautoriseret RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
FounderApS KBURS 17 NR. 6919Current

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Carsten Nørgaard Bach – 23 other companies, of which 5 bankrupt

Address history (6 moves)

c/o Regus - Copenhagen, Ny Christiansborg, Christians Brygge 28, 1559 København V
Nybrogade 12, 1203 København K
Frederiksberggade 2, 5., 1459 København K
Sjæleboderne 2, 2. th, 1122 København K
c/o PricewaterhouseCoopers, Strandvejen 44, 2900 Hellerup
Kildeskovsvej 27, 2820 Gentofte
Kronprinsessegade 18, 1306 København K

Former names

Q4 Denmark ApS – now
ApS STM nr. 4919 –

Employees per year

Number of employees at Q4 Denmark ApS per year6112016: 1120162017: 320172018: 22018

Other companies at the same address

Similar companies in København

Questions and answers about Q4 Denmark ApS

Has Q4 Denmark ApS gone bankrupt?

No, Q4 Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Q4 Denmark ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Q4 Denmark ApS?

Leslie Elizabeth Lewis Westhaver, Darrell Heaps, Kenneth Jo-Hung Szeto are the CEOs of Q4 Denmark ApS.

Who is the auditor of Q4 Denmark ApS?

Q4 Denmark ApS most recently used Forvis Mazars Statsautoriseret Revisionspartnerselskab.

When was Q4 Denmark ApS founded?

Q4 Denmark ApS was founded on 20 September 2016.

What is the equity of Q4 Denmark ApS?

Equity was DKK 4.8m 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.