44Pixel ApS

CVR 38161814 · Private limited company (ApS) · Active · Low risk

44Pixel ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -18k and a net result of DKK 239k. CEO: Simon Bak.

Bankruptcy risk for 44Pixel ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Registered owners3 · bankruptcy rate 6.2%0.71×

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
38161814
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Seebladsgade 10
5000 Odense C
Municipality
Odense
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 51k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-4.4%
Current ratio96%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,919DKK 8,330DKK -24k
Net profitDKK 239kDKK 9,469DKK -8,815
EquityDKK -18kDKK -257kDKK -266k
Total assetsDKK 400kDKK 158kDKK 158k
CashDKK 400k––
Short-term debtDKK 418kDKK 415k–
Tax owedDKK 2,239––
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018120
4 Nov 2016 – 31 Dec 2017150

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 BakCurrent
CEODavid Sørensen Grady
CEOMichael Christensen Fredskild
BoardDavid Sørensen GradyCurrent
BoardMichael Christensen FredskildCurrent
BoardSimon BakCurrent
Owner (33%)Simon Bak ApSCurrent
Owner (33%)David S. Grady ApSCurrent
Owner (33%)Michael Bech Laugesen ApSCurrent
FounderSimon Bak ApSCurrent
FounderDavid S. Grady ApSCurrent
FounderMichael Bech Laugesen ApSCurrent

The CEOs' other companies

Simon Bak – 2 other companies

David Sørensen Grady – 2 other companies

Michael Christensen Fredskild – 2 other companies

Address history (2 moves)

Seebladsgade 10, 5000 Odense C
Seebladsgade 10, 5000 Odense C
Colbjørnsensvej 8, 2., 5000 Odense C

Employees per year

Number of employees at 44Pixel ApS per year122016: 120162017: 120172018: 22018

Similar companies in Odense

Questions and answers about 44Pixel ApS

Has 44Pixel ApS gone bankrupt?

No, 44Pixel ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 44Pixel ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of 44Pixel ApS?

Simon Bak is the CEO of 44Pixel ApS.

When was 44Pixel ApS founded?

44Pixel ApS was founded on 4 November 2016.

What is the equity of 44Pixel ApS?

Equity was DKK -18k 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.