ChronosHub ApS

CVR 38292242 · Private limited company (ApS) · Active · High risk

ChronosHub ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry computerprogrammering. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.8m and a net result of DKK -18.5m. CEO: Christian Bork Grubak.

Bankruptcy risk for ChronosHub ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
38292242
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vesterbrogade 149
1620 København V
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 6.8m
Employees
3 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio23.7%
Current ratio68%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address317
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 14.4mDKK 8.8mDKK 12.9m
Net profitDKK -18.5mDKK -15.7mDKK -4.7m
EquityDKK 4.8mDKK 5.3mDKK 5.0m
Total assetsDKK 20.4mDKK 28.0mDKK 27.9m
CashDKK 4.3mDKK 7.7m–
Short-term debtDKK 14.9mDKK 22.4m–
Tax owed–DKK 0–
Avg. employees2619–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022164
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018165
30 Dec 2016 – 31 Dec 2017177

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
CEOChristian Bork GrubakCurrent
CEOMarianne Kjeldgaard Knudsen
BoardChristian Bork GrubakCurrent
BoardSarah Beth TegenCurrent
BoardMatthew Kwan ChanCurrent
BoardJan Grubak
BoardJørn Jensen Holm
BoardMarianne Kjeldgaard Knudsen
BoardTorben Frigaard Rasmussen
BoardUlrik Monberg
BoardRalph Eugene Youngen
BoardSarah Beth Tegen
BoardJessica Rucker Burchick
BoardNorma Dolores Cernadas
Owner (100%)ChronosHub Technologies Holding a/sCurrent
Owner (33%)Selskabet af 17. marts 2021 A/S
Owner (50%)Innovative Solutions for the Scholarly Research Community Ltd
Owner (67%)Selskabet af 17. marts 2021 A/S
Owner (15%)Innovative Solutions for the Scholarly Research Community Ltd
Owner (67%)ChronosHub Technologies Holding a/s
Owner (90%)ChronosHub Technologies Holding a/s
Owner (5%)Innovative Solutions for the Scholarly Research Community Ltd
Owner (100%)ChronosHub Technologies Holding a/s
Owner (90%)ChronosHub Technologies Holding a/s
Owner (5%)TPC MANAGEMENT ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorBUUS JENSEN I/S STATSAUTORISEREDE REVISORER
FounderSelskabet af 17. marts 2021 A/SCurrent
FounderInnovative Solutions for the Scholarly Research Community LtdCurrent

The CEOs' other companies

Christian Bork Grubak – 8 other companies, of which 2 bankrupt

Marianne Kjeldgaard Knudsen – 14 other companies

Address history (2 moves)

Vesterbrogade 149, 1620 København V
c/o Emporio Technologies, Herstedvang 12, 2. mf, 2620 Albertslund
c/o e-supplies a/s, Siestavej 7, 2600 Glostrup

Former names

ChronosHub ApS – now
ISSRC ApS –

Employees per year

Number of employees at ChronosHub ApS per year232017: 320172018: 32018

Other companies at the same address

Similar companies in København

Questions and answers about ChronosHub ApS

Has ChronosHub ApS gone bankrupt?

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

What is the bankruptcy risk of ChronosHub 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 CEO of ChronosHub ApS?

Christian Bork Grubak is the CEO of ChronosHub ApS.

Who is the auditor of ChronosHub ApS?

ChronosHub ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was ChronosHub ApS founded?

ChronosHub ApS was founded on 30 December 2016.

What is the equity of ChronosHub ApS?

Equity was DKK 4.8m 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.