Never the Less ApS

CVR 38529870 · Private limited company (ApS) · Active · Low risk

Never the Less ApS is a Private limited company (ApS), founded on , based in Græsted. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 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 200k and a net result of DKK -11k. CEO: Torsten Munk.

Bankruptcy risk for Never the Less ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · 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 at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
38529870
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Torsten Munk, Mårumvej 25H
3230 Græsted
Municipality
Gribskov
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Mer Revision A/S
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio50.2%
Current ratio95%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -24kDKK -7,500
Net profitDKK -11kDKK 37k
EquityDKK 200kDKK 211k
Total assetsDKK 399kDKK 438k
CashDKK 18k–
Short-term debtDKK 198k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Mer Revision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021168
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018154
27 Mar 2017 – 31 Dec 2017152

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
CEOTorsten MunkCurrent
Owner (100%)Torsten MunkCurrent
FounderTorsten MunkCurrent

The CEOs' other companies

Torsten Munk – 6 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Torsten Munk, Mårumvej 25H, 3230 Græsted
Jyllandsvej 7, 1. tv, 2000 Frederiksberg

Other companies at the same address

Similar companies in Gribskov

Questions and answers about Never the Less ApS

Has Never the Less ApS gone bankrupt?

No, Never the Less ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Never the Less ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Never the Less ApS?

Torsten Munk is the CEO of Never the Less ApS.

Who is the auditor of Never the Less ApS?

Never the Less ApS most recently used Mer Revision A/S.

When was Never the Less ApS founded?

Never the Less ApS was founded on 27 March 2017.

What is the equity of Never the Less ApS?

Equity was DKK 200k 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.