Twelve Inch ApS

CVR 38417517 · Private limited company (ApS) · Active · Low risk

Twelve Inch ApS is a Private limited company (ApS), founded on , based in Blommenslyst. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 19k and a net result of DKK -168k. CEO: Kim Holberg Andersen.

Bankruptcy risk for Twelve Inch ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
38417517
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Middelfartvej 414
5491 Blommenslyst
Municipality
Odense
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio1.6%
Current ratio20%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -99kDKK -226kDKK -288k
Net profitDKK -168kDKK -142kDKK -311k
EquityDKK 19kDKK 186kDKK -580k
Total assetsDKK 1.2mDKK 1.4mDKK 459k
CashDKK 30kDKK 13k–
Short-term debtDKK 1.1mDKK 1.1m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020146
1 Jan 2019 – 31 Dec 2019217 Late
1 Jan 2018 – 31 Dec 2018157
15 Feb 2017 – 31 Dec 2017157

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
CEOKim Holberg AndersenCurrent
Owner (100%)Holberg Holding ApSCurrent
Owner (100%)Kim Holberg AndersenCurrent
FounderHolberg Holding ApSCurrent

The CEOs' other companies

Kim Holberg Andersen – 5 other companies

Address history (4 moves)

Middelfartvej 414, 5491 Blommenslyst
Middelfartvej 414, 5491 Blommenslyst
Borgervænget 14, 1., 5000 Odense C
Thriges Plads 8, 5000 Odense C
c/o Kim Holberg Andersen, Borgervænget 14, 1., 5000 Odense C

Former names

Twelve Inch ApS – now
Twelve Inch IVS –

Employees per year

Number of employees at Twelve Inch ApS per year112018: 12018

Other companies at the same address

Similar companies in Odense

Questions and answers about Twelve Inch ApS

Has Twelve Inch ApS gone bankrupt?

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

What is the bankruptcy risk of Twelve Inch ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Twelve Inch ApS?

Kim Holberg Andersen is the CEO of Twelve Inch ApS.

When was Twelve Inch ApS founded?

Twelve Inch ApS was founded on 15 February 2017.

What is the equity of Twelve Inch ApS?

Equity was DKK 19k 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.