River Online DE Holding ApS

CVR 38381776 · Private limited company (ApS) · Active · Medium risk

River Online DE Holding ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 667k and a net result of DKK 1.2m. CEO: Anders Hviid Kühnel.

Bankruptcy risk for River Online DE Holding ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · 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×

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
38381776
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o River Online Group ApS, Havnegade 34A
5000 Odense C
Municipality
Odense
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 50k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio93.9%
Current ratio2,187%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -8,686DKK -14k
Net profitDKK 1.2mDKK 4.8m
EquityDKK 667kDKK -539k
Total assetsDKK 711kDKK 6,000
CashDKK 63–
Short-term debtDKK 33k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025196 Late
1 Jul 2023 – 30 Jun 2024212 Late
1 Jul 2022 – 30 Jun 2023200 Late
1 Jul 2021 – 30 Jun 2022188 Late
1 Jul 2020 – 30 Jun 2021166
1 Jul 2019 – 30 Jun 2020142
1 Jul 2018 – 30 Jun 2019151
1 Jul 2017 – 30 Jun 2018121
1 Feb 2017 – 30 Jun 201790

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
CEOAnders Hviid KühnelCurrent
CEOJesper Riber Jensen
Owner (67%)River Online Group ApSCurrent
Owner (10%)Kilian Nikolai KramerCurrent
Owner (100%)River Online Group ApS
Owner (5%)Anders Hviid Kühnel
Owner (67%)River Online Group ApS
Owner (10%)Anders Hviid Kühnel
Owner (90%)River Online Group ApS
Owner (10%)THOMAS MUUS HOLDING ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderRiver Online Group ApSCurrent

The CEOs' other companies

Anders Hviid Kühnel – 6 other companies

Jesper Riber Jensen – 8 other companies

Address history (2 moves)

c/o River Online Group ApS, Havnegade 34A, 5000 Odense C
c/o River Online Group ApS, Banegårdspladsen 4, 6000 Kolding
c/o River Online Group ApS, Jernbanegade 25, 6000 Kolding

Other companies at the same address

Similar companies in Odense

Questions and answers about River Online DE Holding ApS

Has River Online DE Holding ApS gone bankrupt?

No, River Online DE Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of River Online DE Holding ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of River Online DE Holding ApS?

Anders Hviid Kühnel is the CEO of River Online DE Holding ApS.

Who is the auditor of River Online DE Holding ApS?

River Online DE Holding ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was River Online DE Holding ApS founded?

River Online DE Holding ApS was founded on 1 February 2017.

What is the equity of River Online DE Holding ApS?

Equity was DKK 667k according to the annual report for the period ending 30 June 2025.

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