eightyeight ApS

CVR 38038079 · Private limited company (ApS) · Active · Low risk

eightyeight ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry ikke-finansielle holdingselskaber. 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 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 131k and a net result of DKK 980. CEO: Simon Busborg Stenhøj.

Bankruptcy risk for eightyeight ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38038079
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Hunderupvej 32, 2.
5000 Odense C
Municipality
Odense
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio73.5%
Current ratio442%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,150DKK -2,063DKK -2,563
Net profitDKK 980DKK -60kDKK -204k
EquityDKK 131kDKK 130kDKK 190k
Total assetsDKK 178kDKK 178kDKK 239k
CashDKK 19kDKK 31k–
Short-term debtDKK 40kDKK 44k–
Tax owedDKK 4,278––
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025102
1 Oct 2023 – 30 Sep 2024105
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022126
1 Oct 2020 – 30 Sep 2021105
1 Oct 2019 – 30 Sep 202050
1 Oct 2018 – 30 Sep 2019109
1 Oct 2017 – 30 Sep 2018142
26 Sep 2016 – 30 Sep 2017145

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
CEOSimon Busborg StenhøjCurrent
Owner (100%)Simon Busborg StenhøjCurrent
FounderSimon Busborg StenhøjCurrent

The CEOs' other companies

Simon Busborg Stenhøj – 2 other companies

Address history (7 moves)

Hunderupvej 32, 2., 5000 Odense C
Christiansgade 34, 5000 Odense C
Ryttergade 12, 2., 5000 Odense C
Ryttergade 12, 1., 5000 Odense C
Havnegade 32, 2., 5000 Odense C
Sverigesgade 16, 5000 Odense C
Skt. Jørgens Gade 66, 5000 Odense C
Valdemarsgade 10, 1., 5000 Odense C

Former names

eightyeight ApS – now
SBusborg Holding IVS –

Similar companies in Odense

Questions and answers about eightyeight ApS

Has eightyeight ApS gone bankrupt?

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

What is the bankruptcy risk of eightyeight 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 eightyeight ApS?

Simon Busborg Stenhøj is the CEO of eightyeight ApS.

Who is the auditor of eightyeight ApS?

eightyeight ApS most recently used EY Godkendt Revisionspartnerselskab.

When was eightyeight ApS founded?

eightyeight ApS was founded on 26 September 2016.

What is the equity of eightyeight ApS?

Equity was DKK 131k according to the annual report for the period ending 30 September 2025.

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