Kigen Denmark ApS

CVR 38433709 · Private limited company (ApS) · Active · Low risk

Kigen Denmark ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 Mar 2026) shows equity of DKK 3.5m and a net result of DKK 1.1m. CEO: Vincent Jeroen Korstanje.

Bankruptcy risk for Kigen Denmark ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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
38433709
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Ragnagade 7
2100 København Ø
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
14 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio61.1%
Current ratio244%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address92
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK 14.8mDKK 16.8m
Net profitDKK 1.1mDKK 1.5m
EquityDKK 3.5mDKK 7.4m
Total assetsDKK 5.7mDKK 11.1m
CashDKK 709k–
Short-term debtDKK 2.2m–
Tax owedDKK 225k–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Apr 2025 – 31 Mar 2026181
1 Apr 2024 – 31 Mar 2025189 Late
1 Apr 2023 – 31 Mar 2024190 Late
1 Apr 2022 – 31 Mar 2023154
1 Apr 2021 – 31 Mar 2022103
1 Apr 2020 – 31 Mar 202186
1 Apr 2019 – 31 Mar 2020150
1 Apr 2018 – 31 Mar 2019152
15 Feb 2017 – 31 Mar 2018164

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
CEOVincent Jeroen KorstanjeCurrent
CEOStephen Halpenny
CEOStephen Halpenny
CEOGraham Stephen Budd
CEOPaa Kwesi Gaisie
Owner (100%)KIGEN (UK) LIMITEDCurrent
Owner (100%)SIMULITY LABS LIMITED
Owner (100%)Pelion IoT Limited
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderSIMULITY LABS LIMITEDCurrent

Address history (0 moves)

Ragnagade 7, 2100 København Ø

Former names

Kigen Denmark ApS – now
Pelion Denmark ApS –
Arm Denmark ApS –
Simulity Labs Scandinavia ApS –

Employees per year

Number of employees at Kigen Denmark ApS per year7142017: 520172018: 142018

Other companies at the same address

Similar companies in København

Questions and answers about Kigen Denmark ApS

Has Kigen Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Kigen Denmark ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Kigen Denmark ApS?

Vincent Jeroen Korstanje is the CEO of Kigen Denmark ApS.

Who is the auditor of Kigen Denmark ApS?

Kigen Denmark ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Kigen Denmark ApS founded?

Kigen Denmark ApS was founded on 15 February 2017.

What is the equity of Kigen Denmark ApS?

Equity was DKK 3.5m according to the annual report for the period ending 31 March 2026.

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