MindWorks Capital & Consulting ApS

CVR 38215337 · Private limited company (ApS) · Active · Low risk

MindWorks Capital & Consulting ApS is a Private limited company (ApS), founded on , based in Kerteminde. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 (31 Dec 2025) shows equity of DKK 2.7m and a net result of DKK -319k. CEO: Bo Frausing Christensen.

Bankruptcy risk for MindWorks Capital & Consulting ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38215337
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nørregade 19, st. th
5300 Kerteminde
Municipality
Kerteminde
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio89.7%
Current ratio970%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 49kDKK -205k
Net profitDKK -319kDKK -235k
EquityDKK 2.7mDKK 3.1m
Total assetsDKK 3.0mDKK 3.3m
CashDKK 1.7m–
Short-term debtDKK 305k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202571
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023112
1 Jan 2022 – 31 Dec 202274
1 Jan 2021 – 31 Dec 2021158
1 Jan 2020 – 31 Dec 202096
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018154
24 Nov 2016 – 31 Dec 2017157

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
CEOBo Frausing ChristensenCurrent
Owner (100%)Bo Frausing ChristensenCurrent
FounderBo Frausing ChristensenCurrent

The CEOs' other companies

Bo Frausing Christensen – 5 other companies, of which 1 bankrupt

Address history (7 moves)

Nørregade 19, st. th, 5300 Kerteminde
c/o Steen Christensen, Købmagergade 23C, 9670 Løgstør
c/o Steen Christensen, Torvegade 5, 1., 9670 Løgstør
c/o Frede Christensen, Norgesvej 16B, 1. tv, 9670 Løgstør
c/o Frede Christensen, Jægermarken 2, 3. tv, 5700 Svendborg
c/o Frede Christensen, Skibsbakken 3, 5881 Skårup Fyn
Tranegårdsvej 51, 1. th, 2900 Hellerup
Gl Strandvej 126, 3050 Humlebæk

Former names

MindWorks Capital & Consulting ApS – now
Bo Frausing Holding ApS –

Other companies at the same address

Similar companies in Kerteminde

Questions and answers about MindWorks Capital & Consulting ApS

Has MindWorks Capital & Consulting ApS gone bankrupt?

No, MindWorks Capital & Consulting ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MindWorks Capital & Consulting ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MindWorks Capital & Consulting ApS?

Bo Frausing Christensen is the CEO of MindWorks Capital & Consulting ApS.

Who is the auditor of MindWorks Capital & Consulting ApS?

MindWorks Capital & Consulting ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MindWorks Capital & Consulting ApS founded?

MindWorks Capital & Consulting ApS was founded on 24 November 2016.

What is the equity of MindWorks Capital & Consulting ApS?

Equity was DKK 2.7m 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.