River Ads ApS
CVR 38200739 · Private limited company (ApS) · Active · High risk
River Ads ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry drift af portaler til internettet. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 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 143k and a net result of DKK -10k.
Bankruptcy risk for River Ads ApS
2.0 × the average (1.41%) · higher risk than 87% of active Danish companies
Increases the risk
Reduces the risk
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
- 38200739
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- Havnegade 34A
5000 Odense C - Municipality
- Odense
- Industry
- Drift af portaler til internettet (639100)
Bankruptcies in the industry: Webportaler - Share capital
- DKK 50k
- Employees
- 2 (2018)
- Auditor
- MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 51.8% |
| Current ratio | 208% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 36 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -20k | DKK -83k |
| Net profit | DKK -10k | DKK -31k |
| Equity | DKK 143k | DKK 153k |
| Total assets | DKK 275k | DKK 278k |
| Cash | DKK 642 | – |
| Short-term debt | DKK 133k | – |
| Tax owed | DKK 1,549 | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 197 | Late | |
| 1 Jul 2023 – 30 Jun 2024 | 218 | Late | |
| 1 Jul 2022 – 30 Jun 2023 | 201 | Late | |
| 1 Jul 2021 – 30 Jun 2022 | 188 | Late | |
| 1 Jul 2020 – 30 Jun 2021 | 167 | ||
| 1 Jul 2019 – 30 Jun 2020 | 142 | ||
| 1 Jul 2018 – 30 Jun 2019 | 151 | ||
| 1 Jul 2017 – 30 Jun 2018 | 121 | ||
| 18 Nov 2016 – 30 Jun 2017 | 90 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mie Louise Graven Kusk | ||
| Owner (100%) | River Online Group ApS | Current | |
| Owner (100%) | River Online Group ApS | ||
| Owner (5%) | Mie Louise Graven Kusk | ||
| Owner (90%) | River Online Group ApS | ||
| Owner (10%) | Mie Louise Graven Kusk | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | ||
| Founder | River Online Group ApS | Current |
Address history (2 moves)
| Havnegade 34A, 5000 Odense C | |
| Banegårdspladsen 4, 6000 Kolding | |
| Jernbanegade 25, 6000 Kolding |
Former names
| River Ads ApS | – now |
| Weablog.com ApS | – |
Employees per year
Other companies at the same address
- MyEpi ApS Bankrupt
- A Clean Spirit ApS Active
- ARKINOVA ApS Active
- BARGROUP DRINKS ApS Active
- BGM Ejendomme, Odense ApS Active
- Bargroup Administration ApS Active
- Bargroup Food Administration ApS Active
- Bargroup Holding ApS Active
- Bødker Invest ApS Active
- CAFE SKT. GERTRUD ApS Active
- DAICA Agentur ApS Active
- DAICA ApS Active
- DAICA Ejendomme ApS Active
- DDT Holding ApS Active
- Daica Holding ApS Active
- Den Smagløse Cafe Odense ApS Active
- ELEMENT LOGIC DENMARK A/S Active
- Fynske Fristelser ApS Active
- Hentze Invest Odense ApS Active
- Inteka Rådgivende Ingeniører ApS Fusioneret
- Klosterkroen Odense ApS Active
- PENAW ApS Active
- PEOPLELINK ApS Active
- RIVER INVEST ApS Active
- RIVER ONLINE ApS Active
Similar companies in Odense
- PMH ApS Odense C
- Kisejo ApS Odense N
- Compentra ApS Odense C
- Venjue ApS Odense C
- AE Investment Research ApS Odense C
- Setion ApS Odense C
- Setion Holding ApS Odense C
- Inspo ApS Odense C
- Highways Media ApS Odense C
- S17 ApS Odense C
- 7mil ApS Odense SV
- Swibbid ApS Odense NØ
Questions and answers about River Ads ApS
Has River Ads ApS gone bankrupt?
No, River Ads ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of River Ads ApS?
Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.
Who is the auditor of River Ads ApS?
River Ads ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was River Ads ApS founded?
River Ads ApS was founded on 18 November 2016.
What is the equity of River Ads ApS?
Equity was DKK 143k 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.