Cursum A/S

CVR 38247662 · Public limited company (A/S) · Active · Medium risk

Cursum A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 5.1m and a net result of DKK -152k.

Bankruptcy risk for Cursum A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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
38247662
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Ragnagade 7
2100 København Ø
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 723k
Employees
2 (2018)
Auditor
PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio69.5%
Current ratio19%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address92
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.5mDKK 2.3m
Net profitDKK -152kDKK 352k
EquityDKK 5.1mDKK 5.3m
Total assetsDKK 7.4mDKK 6.6m
CashDKK 9,540–
Short-term debtDKK 1.6m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PKF Munkebo Eriksen Funch, Statsautoriseret Revisions­aktie­selskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023152
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019178
1 Jan 2018 – 31 Dec 2018136
12 Dec 2016 – 31 Dec 2017169

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
CEOMax Sejbæk
BoardMax SejbækCurrent
BoardHenning Kruse PetersenCurrent
BoardKarl Fredrik AgnaltCurrent
BoardChristian Elneff Bonnesen
Owner (15%)SEJBÆK HOLDING ApSCurrent
Owner (25%)TrueWarpIT Asia Ltd.Current
Owner (15%)Storyboard ASCurrent
Owner (33%)2KJ A/SCurrent
Owner (100%)TrueWarpIT Asia Ltd.
Owner (50%)TrueWarpIT Asia Ltd.
Owner (33%)Storyboard AS
Owner (15%)2KJ A/S
Owner (33%)TrueWarpIT Asia Ltd.
Owner (20%)Storyboard AS
Owner (25%)2KJ A/S
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret RevisionsaktieselskabCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderTrueWarpIT Asia Ltd.Current

The CEOs' other companies

Max Sejbæk – 20 other companies, of which 2 bankrupt

Address history (1 moves)

Ragnagade 7, 2100 København Ø
Rosenørns Alle 1, 1970 Frederiksberg C

Former names

Cursum A/S – now
Cursum ApS –

Employees per year

Number of employees at Cursum A/S per year122017: 120172018: 22018

Other companies at the same address

Similar companies in København

Questions and answers about Cursum A/S

Has Cursum A/S gone bankrupt?

No, Cursum A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Cursum A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of Cursum A/S?

Cursum A/S most recently used PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab.

When was Cursum A/S founded?

Cursum A/S was founded on 12 December 2016.

What is the equity of Cursum A/S?

Equity was DKK 5.1m 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.