HARD WORK CAPITAL - ApS

CVR 38295071 · Private limited company (ApS) · Active · Low risk

HARD WORK CAPITAL - ApS is a Private limited company (ApS), founded on , based in Lystrup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 1.0m and a net result of DKK 227k. CEO: Rasmus Rævskær Thomsen.

Bankruptcy risk for HARD WORK CAPITAL - ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
38295071
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Engelstoft 12
8520 Lystrup
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio99.0%
Current ratio5,329%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -5,131DKK -1,320DKK -1,412
Net profitDKK 227kDKK 225kDKK 50k
EquityDKK 1.0mDKK 804kDKK 579k
Total assetsDKK 1.0mDKK 809kDKK 579k
CashDKK 2,866DKK 83k–
Short-term debtDKK 11kDKK 5,560–
Tax owedDKK 0DKK 1,368–
Avg. employees0––

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 2025117
1 Jan 2024 – 31 Dec 202472
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021101
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019223 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017164

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
CEORasmus Rævskær ThomsenCurrent
Owner (100%)Rasmus Rævskær ThomsenCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderRasmus Rævskær ThomsenCurrent

The CEOs' other companies

Rasmus Rævskær Thomsen – 4 other companies

Address history (1 moves)

Engelstoft 12, 8520 Lystrup
Engelstoft 12, 8520 Lystrup

Similar companies in Aarhus

Questions and answers about HARD WORK CAPITAL - ApS

Has HARD WORK CAPITAL - ApS gone bankrupt?

No, HARD WORK CAPITAL - ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of HARD WORK CAPITAL - ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of HARD WORK CAPITAL - ApS?

Rasmus Rævskær Thomsen is the CEO of HARD WORK CAPITAL - ApS.

Who is the auditor of HARD WORK CAPITAL - ApS?

HARD WORK CAPITAL - ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was HARD WORK CAPITAL - ApS founded?

HARD WORK CAPITAL - ApS was founded on 1 January 2017.

What is the equity of HARD WORK CAPITAL - ApS?

Equity was DKK 1.0m 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.