River Partners DK ApS

CVR 38201417 · Private limited company (ApS) · Active · High risk

River Partners DK ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 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 58k and a net result of DKK -761k. CEO: Anders Hviid Kühnel.

Bankruptcy risk for River Partners DK ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38201417
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Havnegade 34A
5000 Odense C
Municipality
Odense
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio78.7%
Current ratio470%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Net profitDKK -761kDKK -292k
EquityDKK 58kDKK 818k
Total assetsDKK 73kDKK 826k
CashDKK 31k–
Short-term debtDKK 16k–
Tax owedDKK 51–
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 2025196 Late
1 Jul 2023 – 30 Jun 2024212 Late
1 Jul 2022 – 30 Jun 2023200 Late
1 Jul 2021 – 30 Jun 2022188 Late
1 Jul 2020 – 30 Jun 2021168
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
CEOAnders Hviid KühnelCurrent
CEOJesper Riber Jensen
Owner (100%)River Online Group ApSCurrent
Owner (100%)River Online Group ApS
Owner (5%)Kristian Mølholt Kristensen
Owner (5%)Anders Hviid Kühnel
Owner (67%)River Online Group ApS
Owner (10%)Michael Sørensen
Owner (50%)River Online Group ApS
Owner (5%)Alex Kiszka-Kanowitz
Owner (67%)River Online Group ApS
Owner (90%)River Online Group ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderRiver Online Group ApSCurrent

The CEOs' other companies

Anders Hviid Kühnel – 6 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

Other companies at the same address

Similar companies in Odense

Questions and answers about River Partners DK ApS

Has River Partners DK ApS gone bankrupt?

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

What is the bankruptcy risk of River Partners DK ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of River Partners DK ApS?

Anders Hviid Kühnel is the CEO of River Partners DK ApS.

Who is the auditor of River Partners DK ApS?

River Partners DK ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was River Partners DK ApS founded?

River Partners DK ApS was founded on 18 November 2016.

What is the equity of River Partners DK ApS?

Equity was DKK 58k 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.