Cortex 18 ApS

CVR 38402927 · Private limited company (ApS) · Active · Low risk

Cortex 18 ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry opførelse af bygninger. 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, 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 90.3m and a net result of DKK 10.9m. CEO: Michella Bill Rasmussen, Camilla Bill Mårtensen.

Bankruptcy risk for Cortex 18 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

Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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
38402927
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Filosofgangen 15
5000 Odense C
Municipality
Odense
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio29.1%
Current ratio570%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address50
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 11.3mDKK 11.2m
Net profitDKK 10.9mDKK 8.8m
EquityDKK 90.3mDKK 79.4m
Total assetsDKK 310.8mDKK 298.9m
Short-term debtDKK 6.5m–
Tax owedDKK 1.7m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020175
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018149
9 Feb 2017 – 31 Dec 2017151

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
CEOMichella Bill RasmussenCurrent
CEOCamilla Bill MårtensenCurrent
CEOKarsten Bill Rasmussen
Owner (100%)ANPARTSSELSKABET AF 22. MARTS 1973Current
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderANPARTSSELSKABET AF 22. MARTS 1973Current

The CEOs' other companies

Michella Bill Rasmussen – 18 other companies

Camilla Bill Mårtensen – 20 other companies

Karsten Bill Rasmussen – 53 other companies, of which 2 bankrupt

Address history (0 moves)

Filosofgangen 15, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about Cortex 18 ApS

Has Cortex 18 ApS gone bankrupt?

No, Cortex 18 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Cortex 18 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 Cortex 18 ApS?

Michella Bill Rasmussen, Camilla Bill Mårtensen are the CEOs of Cortex 18 ApS.

Who is the auditor of Cortex 18 ApS?

Cortex 18 ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Cortex 18 ApS founded?

Cortex 18 ApS was founded on 9 February 2017.

What is the equity of Cortex 18 ApS?

Equity was DKK 90.3m 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.