KH Creations ApS

CVR 38345834 · Private limited company (ApS) · Active · Low risk

KH Creations ApS is a Private limited company (ApS), founded on , based in Beder. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 150k and a net result of DKK 64k. CEO: Kasper Hjortsballe.

Bankruptcy risk for KH Creations ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38345834
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Kasper Hjortsballe, Svendgårdsvej 18
8330 Beder
Municipality
Aarhus
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio94.9%
Current ratio1,952%
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 year20252024
Gross profitDKK 82kDKK 80k
Net profitDKK 64kDKK 62k
EquityDKK 150kDKK 221k
Total assetsDKK 158kDKK 229k
CashDKK 158k–
Short-term debtDKK 8,092–
Tax owedDKK 8,084–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202583
1 Jan 2024 – 31 Dec 202413
1 Jan 2023 – 31 Dec 202325
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202126
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019124
1 Jan 2018 – 31 Dec 201897
16 Jan 2017 – 31 Dec 2017143

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
CEOKasper HjortsballeCurrent
Owner (100%)Kasper HjortsballeCurrent
FounderKasper HjortsballeCurrent

The CEOs' other companies

Kasper Hjortsballe – 1 other companies

Address history (5 moves)

c/o Kasper Hjortsballe, Svendgårdsvej 18, 8330 Beder
c/o Kasper Hjortsballe, Vejlby Toften 26, 8240 Risskov
c/o Kasper Hjortsballe, Hammershusvej 74, 3. th, 8210 Aarhus V
c/o Kasper Hjortsballe, Nørregade 4, 1. th, 8660 Skanderborg
Silkeborgvej 38, 1. tv, 8000 Aarhus C
Elsdyrvænget 51, 8270 Højbjerg

Former names

KH Creations ApS – now
KH Creations IVS –

Similar companies in Aarhus

Questions and answers about KH Creations ApS

Has KH Creations ApS gone bankrupt?

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

What is the bankruptcy risk of KH Creations ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KH Creations ApS?

Kasper Hjortsballe is the CEO of KH Creations ApS.

When was KH Creations ApS founded?

KH Creations ApS was founded on 16 January 2017.

What is the equity of KH Creations ApS?

Equity was DKK 150k 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.