Ignition ApS

CVR 38532359 · Private limited company (ApS) · Active · Low risk

Ignition ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry anden udgivelse af software. 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 62k and a net result of DKK 21k.

Bankruptcy risk for Ignition 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
38532359
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Oliver Storm, Dæmningen 50, 1. th
7100 Vejle
Municipality
Vejle
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio92.7%
Current ratio195%
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 2,463DKK 9,618DKK 65k
Net profitDKK 21kDKK 4,236DKK 19k
EquityDKK 62kDKK 41kDKK 37k
Total assetsDKK 67kDKK 48kDKK 49k
CashDKK 9,569DKK 9,165–
Short-term debtDKK 4,919DKK 6,178–
Tax owedDKK 550DKK 1,342–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021142
1 Jan 2020 – 31 Dec 2020122
1 Jan 2019 – 31 Dec 2019187 Late
1 Jan 2018 – 31 Dec 2018144
29 Mar 2017 – 31 Dec 2017147

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
Owner (100%)Oliver Storm NikolajsenCurrent
Owner (100%)Oliver Storm Nikolajsen
Owner (10%)Thor Holst Dyhr
FounderOliver Storm NikolajsenCurrent

Address history (3 moves)

c/o Oliver Storm, Dæmningen 50, 1. th, 7100 Vejle
Sjællandsgade 42, 1., 7100 Vejle
Torvegade 17E, 1., 7100 Vejle
Hovgårdsvej 51, 7100 Vejle

Former names

Ignition ApS – now
Ignition North IVS –
W O E IVS –
Stormteq Studios IVS –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Ignition ApS

Has Ignition ApS gone bankrupt?

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

What is the bankruptcy risk of Ignition 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.

When was Ignition ApS founded?

Ignition ApS was founded on 29 March 2017.

What is the equity of Ignition ApS?

Equity was DKK 62k 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.