River Online Group ApS

CVR 38200682 · Private limited company (ApS) · Active · High risk

River Online Group ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -1.4m and a net result of DKK -809k.

Bankruptcy risk for River Online Group ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
38200682
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Havnegade 34A
5000 Odense C
Municipality
Odense
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 50k
Employees
14 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-55.9%
Current ratio46%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 993kDKK 7.6m
Net profitDKK -809kDKK 1.9m
EquityDKK -1.4mDKK -554k
Total assetsDKK 2.4mDKK 3.2m
CashDKK 48k–
Short-term debtDKK 3.5m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025197 Late
1 Jul 2023 – 30 Jun 2024218 Late
1 Jul 2022 – 30 Jun 2023200 Late
1 Jul 2021 – 30 Jun 2022188 Late
1 Jul 2020 – 30 Jun 2021167
1 Jul 2019 – 30 Jun 2020142
1 Jul 2018 – 30 Jun 2019151
1 Jul 2017 – 30 Jun 2018121
18 Nov 2016 – 30 Jun 201790

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
CEOJesper Riber Jensen
BoardAnders Hviid KühnelCurrent
BoardTommy Guldhammer MikkelsenCurrent
BoardJesper Riber JensenCurrent
BoardTommy Guldhammer Mikkelsen
BoardJesper Riber Jensen
BoardClaus Askjær
Owner (10%)River Partners Holding ApSCurrent
Owner (50%)RIVER INVEST ApSCurrent
Owner (25%)River Partners Holding II ApSCurrent
Owner (5%)Anders Hviid KühnelCurrent
Owner (90%)RIVER INVEST ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderRIVER INVEST ApSCurrent
FounderRiver Partners Holding ApSCurrent

The CEOs' other companies

Jesper Riber Jensen – 8 other companies

Address history (2 moves)

Havnegade 34A, 5000 Odense C
Banegårdspladsen 4, 6000 Kolding
Jernbanegade 25, 6000 Kolding

Employees per year

Number of employees at River Online Group ApS per year7142017: 920172018: 142018

Other companies at the same address

Similar companies in Odense

Questions and answers about River Online Group ApS

Has River Online Group ApS gone bankrupt?

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

What is the bankruptcy risk of River Online Group ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the auditor of River Online Group ApS?

River Online Group ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was River Online Group ApS founded?

River Online Group ApS was founded on 18 November 2016.

What is the equity of River Online Group ApS?

Equity was DKK -1.4m according to the annual report for the period ending 30 June 2025.

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