True. ApS
CVR 38460161 · Private limited company (ApS) · Active · Low risk
True. ApS is a Private limited company (ApS), founded on , based in Glostrup. The company is registered in the industry fremstilling af kakao, chokolade og sukkervarer. 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 17.0m and a net result of DKK -1.5m. CEO: Jacob Jonasen Motzfeldt.
Bankruptcy risk for True. ApS
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Increases the risk
Reduces the risk
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
- 38460161
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- Formervangen 13
2600 Glostrup - Municipality
- Albertslund
- Industry
- Fremstilling af kakao, chokolade og sukkervarer (108200)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter - Share capital
- DKK 67k
- Employees
- 0 (2018)
- Auditor
- Cedra Godkendt Revisionsaktieselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 19.2% |
| Current ratio | 118% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 29.7m | DKK 19.2m |
| Net profit | DKK -1.5m | DKK 132k |
| Equity | DKK 17.0m | DKK 18.4m |
| Total assets | DKK 88.2m | DKK 72.8m |
| Cash | DKK 1.8m | – |
| Short-term debt | DKK 56.6m | – |
| Avg. employees | 41 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 162 | ||
| 1 Jan 2024 – 31 Dec 2024 | 174 | ||
| 1 Jan 2023 – 31 Dec 2023 | 128 | ||
| 1 Jan 2022 – 31 Dec 2022 | 142 | ||
| 1 Jan 2021 – 31 Dec 2021 | 186 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 102 | ||
| 1 Jan 2019 – 31 Dec 2019 | 147 | ||
| 1 Jan 2018 – 31 Dec 2018 | 151 | ||
| 2 Mar 2017 – 31 Dec 2017 | 150 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Jacob Jonasen Motzfeldt | Current | |
| CEO | Peter Juul Regnersgaard | ||
| CEO | Morten Paulin Ebdrup | ||
| Board | Noel Christofer Peter Abdayem | Current | |
| Board | Johan Christer Lennartsson | Current | |
| Board | Michael Andersen | ||
| Board | Jeppe Christensen | ||
| Board | Steen Nordstrøm | ||
| Board | Peter Juul Regnersgaard | ||
| Board | Morten Paulin Ebdrup | ||
| Board | Jacob Jonasen Motzfeldt | ||
| Board | Zabrina Ziegler | ||
| Board | Christoph Miller | ||
| Board | Simon Gustav Seved Petrén | ||
| Owner (100%) | Group 472 ApS | Current | |
| Owner (50%) | Myggen Holding ApS | ||
| Owner (50%) | Stik Stik Holding ApS | ||
| Owner (33%) | Myggen Holding ApS | ||
| Owner (33%) | Stik Stik Holding ApS | ||
| Owner (20%) | JJ Motzfeldt Holding ApS | ||
| Owner (5%) | JMCP Holding Global ApS | ||
| Owner (10%) | JMCP Holding Global ApS | ||
| Owner (25%) | Myggen Holding ApS | ||
| Owner (25%) | Stik Stik Holding ApS | ||
| Owner (15%) | JJ Motzfeldt Holding ApS | ||
| Owner (15%) | JMCP Holding Global ApS | ||
| Auditor | Cedra Godkendt Revisionsaktieselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Myggen Holding ApS | Current | |
| Founder | Stik Stik Holding ApS | Current |
The CEOs' other companies
Jacob Jonasen Motzfeldt – 2 other companies
- Group 472 ApS Active
- JJ Motzfeldt Holding ApS Active
Peter Juul Regnersgaard – 4 other companies, of which 1 bankrupt
- WAVESOUT ApS Bankrupt 11 Nov 2013
- Beyond Borders Co. ApS Active
- Group 472 ApS Active
- Myggen Holding ApS Active
Morten Paulin Ebdrup – 3 other companies
- Beyond Borders Co. ApS Active
- Group 472 ApS Active
- Stik Stik Holding ApS Active
Address history (4 moves)
| Formervangen 13, 2600 Glostrup | |
| Otto Busses Vej 5A, 2450 København SV | |
| Ryesgade 126, 3., 2100 København Ø | |
| c/o Reform, Otto Busses Vej 5A, 2450 København SV | |
| Ryesgade 126, 3., 2100 København Ø |
Former names
| True. ApS | – now |
| Ebdrup Regnersgaard Motzfeldt IVS | – |
| Ebdrup Regnersgaard IVS | – |
Employees per year
Other companies at the same address
- ADMIRE MOBILITY ApS Fusioneret
- ADMIRE TRADE ApS Opløst
- Group 472 ApS Active
Similar companies in Albertslund
- The Mallows ApS Glostrup
Questions and answers about True. ApS
Has True. ApS gone bankrupt?
No, True. ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of True. 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 True. ApS?
Jacob Jonasen Motzfeldt is the CEO of True. ApS.
Who is the auditor of True. ApS?
True. ApS most recently used Cedra Godkendt Revisionsaktieselskab.
When was True. ApS founded?
True. ApS was founded on 2 March 2017.
What is the equity of True. ApS?
Equity was DKK 17.0m 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.