Ragbag ApS

CVR 38576267 · Private limited company (ApS) · Active · High risk

Ragbag ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 9 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -5.3m and a net result of DKK -661k.

Bankruptcy risk for Ragbag ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
38576267
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Åboulevarden 52, 2.
8000 Aarhus C
Municipality
Aarhus
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 60k
Employees
0 (2018)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-126.1%
Current ratio44%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address20
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 2.3mDKK -957k
Net profitDKK -661kDKK -239kDKK -2.2m
EquityDKK -5.3mDKK -4.7mDKK -4.4m
Total assetsDKK 4.2mDKK 3.9mDKK 3.9m
CashDKK 39kDKK 449k–
Short-term debtDKK 9.5mDKK 8.5m–
Avg. employees75–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025196 Late
1 Jan 2024 – 31 Dec 2024193 Late
1 Jan 2023 – 31 Dec 2023175
1 Jan 2022 – 31 Dec 2022194 Late
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019259 Late
1 Jan 2018 – 31 Dec 2018155
1 May 2017 – 31 Dec 2017159

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
BoardNikolai Lundstrøm Brink
BoardJannick Lyneborg-Lindberg
Owner (100%)Lyne & Lindberg Holding ApSCurrent
Owner (100%)Lyne & Lindberg Holding ApS
Owner (20%)REBEL MARKETING ApS
Owner (90%)Lyne & Lindberg Holding ApS
Owner (5%)Saxhøjen Holding ApS
Owner (5%)JJ Investments ApS
FounderLyne & Lindberg Holding ApSCurrent
FounderREBEL MARKETING ApSCurrent

Address history (1 moves)

Åboulevarden 52, 2., 8000 Aarhus C
Åboulevarden 52, 2., 8000 Aarhus C

Former names

Ragbag ApS – now
Nylon Studio ApS –
Influmana ApS –

Employees per year

Number of employees at Ragbag ApS per year112017: 120172018: 02018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Ragbag ApS

Has Ragbag ApS gone bankrupt?

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

What is the bankruptcy risk of Ragbag ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the auditor of Ragbag ApS?

Ragbag ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was Ragbag ApS founded?

Ragbag ApS was founded on 3 April 2017.

What is the equity of Ragbag ApS?

Equity was DKK -5.3m 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.