Cowconnect ApS

CVR 38546635 · Private limited company (ApS) · Active · Low risk

Cowconnect ApS is a Private limited company (ApS), founded on , based in Videbæk. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Aug 2025) shows equity of DKK -22.0m and a net result of DKK -3.0m. CEO: Andrew James Paul.

Bankruptcy risk for Cowconnect 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · 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
38546635
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Skjernvej 42
6920 Videbæk
Municipality
Ringkøbing-Skjern
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
6 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-232.0%
Current ratio30%
Moves (last 2 years)1
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 5.3mDKK 596k
Net profitDKK -3.0mDKK -5.4m
EquityDKK -22.0mDKK -19.1m
Total assetsDKK 9.5mDKK 16.0m
CashDKK 8.7m–
Short-term debtDKK 31.5m–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 2025110
1 Sep 2023 – 31 Aug 2024121
1 Sep 2022 – 31 Aug 2023183
1 Sep 2021 – 31 Aug 2022182
1 Sep 2020 – 31 Aug 2021163
1 Jan 2019 – 31 Dec 201948
1 Jan 2018 – 31 Dec 2018178
4 Apr 2017 – 31 Dec 2017149

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
CEOAndrew James PaulCurrent
CEOJørn Bjarke Eg Sørensen
CEOJesper Sandfeld Mortensen
CEOJoshua Kevin Hoopes
CEOScott Michael Gurvis
BoardJosé Jorge NobreCurrent
BoardOle NørgaardCurrent
BoardAndrew James PaulCurrent
BoardJakob Østervang
BoardScott Michael Gurvis
BoardJoshua Kevin Hoopes
BoardRita Petersen
BoardDean Gil Barclay
BoardDavid Anthony James Williams
Owner (100%)ABF Overseas LimitedCurrent
Owner (50%)MORTENSEN HOLDING 2012 ApS
Owner (50%)JBES Holding ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMORTENSEN HOLDING 2012 ApSCurrent
FounderJBES Holding ApSCurrent

The CEOs' other companies

Jørn Bjarke Eg Sørensen – 2 other companies

Jesper Sandfeld Mortensen – 6 other companies

Address history (1 moves)

Skjernvej 42, 6920 Videbæk
Middelfartvej 77, 5466 Asperup

Employees per year

Number of employees at Cowconnect ApS per year362017: 220172018: 62018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Cowconnect ApS

Has Cowconnect ApS gone bankrupt?

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

What is the bankruptcy risk of Cowconnect 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 Cowconnect ApS?

Andrew James Paul is the CEO of Cowconnect ApS.

Who is the auditor of Cowconnect ApS?

Cowconnect ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Cowconnect ApS founded?

Cowconnect ApS was founded on 4 April 2017.

What is the equity of Cowconnect ApS?

Equity was DKK -22.0m according to the annual report for the period ending 31 August 2025.

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