Bursche Holding ApS

CVR 38479024 · Private limited company (ApS) · Active · Low risk

Bursche Holding ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-finansielle holdingselskaber. 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. The latest annual report (31 Dec 2025) shows equity of DKK 91k and a net result of DKK -186k. CEO: Michaela Bursche.

Bankruptcy risk for Bursche Holding 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
38479024
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Frederiks Allé 112B, 1.
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio62.8%
Current ratio53%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,943DKK -31kDKK 183k
Net profitDKK -186kDKK 260kDKK -30k
EquityDKK 91kDKK 276kDKK 16k
Total assetsDKK 144kDKK 389kDKK 91k
CashDKK 19kDKK 22k–
Short-term debtDKK 54kDKK 112k–
Tax owedDKK 0DKK 58k–
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 2025155
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 202294
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 2020125
1 Jan 2019 – 31 Dec 2019118
1 Jan 2018 – 31 Dec 201879
23 Feb 2017 – 31 Dec 201754

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
CEOMichaela BurscheCurrent
CEODavid Noer
Owner (100%)Michaela BurscheCurrent
Owner (100%)NOERBERG ApS
FounderNOERBERG ApSCurrent

The CEOs' other companies

David Noer – 7 other companies, of which 1 bankrupt

Address history (2 moves)

Frederiks Allé 112B, 1., 8000 Aarhus C
Frederiks Allé 112B, 1., 8000 Aarhus C
Marselisborg Havnevej 54, 8000 Aarhus C

Former names

Bursche Holding ApS – now
følgeskab.nu ApS –
følgeskab.nu IVS –
Misu IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Bursche Holding ApS

Has Bursche Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Bursche Holding 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 Bursche Holding ApS?

Michaela Bursche is the CEO of Bursche Holding ApS.

When was Bursche Holding ApS founded?

Bursche Holding ApS was founded on 23 February 2017.

What is the equity of Bursche Holding ApS?

Equity was DKK 91k 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.