Inspace Holding ApS

CVR 38559281 · Private limited company (ApS) · Active · High risk

Inspace Holding ApS is a Private limited company (ApS), founded on , based in Mern. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 8 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 169k and a net result of DKK 3,047. CEO: Timothy Robert May.

Bankruptcy risk for Inspace Holding ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38559281
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Lilliendalsvej 48
4735 Mern
Municipality
Vordingborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 8
Missing annual reportNo
Negative equityNo
Equity ratio98.5%
Current ratio4,695%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK 3,047DKK 85k
EquityDKK 169kDKK 166k
Total assetsDKK 172kDKK 168k
CashDKK 230–
Short-term debtDKK 2,588–
Tax owedDKK 2,332–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025187 Late
1 May 2023 – 30 Apr 2024196 Late
1 May 2022 – 30 Apr 2023184 Late
1 May 2021 – 30 Apr 2022184 Late
1 May 2020 – 30 Apr 2021164
1 May 2019 – 30 Apr 2020235 Late
1 May 2018 – 30 Apr 2019171
4 Apr 2017 – 30 Apr 2018164

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
CEOTimothy Robert MayCurrent
Owner (100%)Timothy Robert MayCurrent
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderTimothy Robert MayCurrent

The CEOs' other companies

Timothy Robert May – 1 other companies

Address history (2 moves)

Lilliendalsvej 48, 4735 Mern
c/o Dajana Dimovska, Amager Strandvej 130E, 2. th, 2300 København S
Landgreven 3, 4., 1301 København K

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Questions and answers about Inspace Holding ApS

Has Inspace Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Inspace Holding ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Inspace Holding ApS?

Timothy Robert May is the CEO of Inspace Holding ApS.

Who is the auditor of Inspace Holding ApS?

Inspace Holding ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Inspace Holding ApS founded?

Inspace Holding ApS was founded on 4 April 2017.

What is the equity of Inspace Holding ApS?

Equity was DKK 169k according to the annual report for the period ending 30 April 2025.

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