Ultima K design ApS

CVR 38377132 · Private limited company (ApS) · Active · High risk

Ultima K design ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 53k and a net result of DKK -14k.

Bankruptcy risk for Ultima K design 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

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
38377132
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Ultima K, Dampfærgevej 2
2100 København Ø
Municipality
København
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 63k
Auditor
DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportYes
Negative equityNo
Equity ratio84.3%
Current ratio636%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -14kDKK -55kDKK -14k
Net profitDKK -14kDKK -43kDKK -11k
EquityDKK 53kDKK 67kDKK 110k
Total assetsDKK 86kDKK 80kDKK 120k
CashDKK 8,659DKK 0–
Short-term debtDKK 33kDKK 13k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022128
1 Jan 2021 – 31 Dec 202168
1 Jan 2020 – 31 Dec 2020162
1 Jan 2019 – 31 Dec 2019143
1 Jan 2018 – 31 Dec 2018151
27 Jan 2017 – 31 Dec 2017120

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
Owner (67%)UK17 Holding ApSCurrent
Owner (20%)Just Entreprise ApSCurrent
FounderUK17 Holding ApSCurrent

Address history (3 moves)

c/o Ultima K, Dampfærgevej 2, 2100 København Ø
c/o Ultima K, Dampfærgevej 8, st., 2100 København Ø
c/o Ultima K, Skudehavnsvej 1, 2150 Nordhavn
Langs Hegnet 6, 2800 Kgs. Lyngby

Other companies at the same address

Similar companies in København

Questions and answers about Ultima K design ApS

Has Ultima K design ApS gone bankrupt?

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

What is the bankruptcy risk of Ultima K design 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 auditor of Ultima K design ApS?

Ultima K design ApS most recently used DANSK REVISION SØBORG, STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was Ultima K design ApS founded?

Ultima K design ApS was founded on 27 January 2017.

What is the equity of Ultima K design ApS?

Equity was DKK 53k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.