Motivu ApS

CVR 38590022 · Private limited company (ApS) · Active · Low risk

Motivu ApS is a Private limited company (ApS), founded on , based in Gentofte. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (28 Feb 2026) shows equity of DKK -160k and a net result of DKK 302k. CEO: Morten Boiden Nørsten.

Bankruptcy risk for Motivu ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38590022
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Morten Boiden Nørsten, Toftekærsvej 13
2820 Gentofte
Municipality
Gentofte
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 69k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-30.2%
Current ratio75%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 978kDKK 899kDKK 816k
Net profitDKK 302kDKK 148kDKK 24k
EquityDKK -160kDKK -462kDKK -619k
Total assetsDKK 528kDKK 211kDKK 536k
CashDKK 391kDKK 65k–
Short-term debtDKK 688kDKK 673k–
Tax owedDKK 50k––
Avg. employees2––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026183
1 Mar 2024 – 28 Feb 2025184 Late
1 Mar 2023 – 28 Feb 2024184 Late
1 Mar 2022 – 28 Feb 2023184 Late
1 Mar 2021 – 28 Feb 2022157
1 Mar 2020 – 28 Feb 2021155
1 Mar 2019 – 28 Feb 2020168
1 Mar 2018 – 28 Feb 2019148
24 Apr 2017 – 28 Feb 2018166

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
CEOMorten Boiden NørstenCurrent
CEOSajid Latif
BoardOle Ærthøj
BoardMorten Boiden Nørsten
BoardPiotr Fryze
Owner (5%)Fryze Holding ApSCurrent
Owner (50%)Morten Noersten Holding ApSCurrent
Owner (20%)APO Invest ApSCurrent
Owner (10%)BITBLOCKS SRLCurrent
Owner (100%)Morten Noersten Holding ApS
Owner (67%)Morten Noersten Holding ApS
Owner (15%)Crisan Holding ApS
Owner (10%)Fryze Holding ApS
Owner (50%)Morten Noersten Holding ApS
Owner (10%)Crisan Holding ApS
Owner (20%)APO Invest ApS
Owner (33%)Morten Noersten Holding ApS
Owner (15%)APO Invest ApS
Owner (5%)Getting There Faster ApS
FounderMorten Noersten Holding ApSCurrent

The CEOs' other companies

Sajid Latif – 7 other companies, of which 2 bankrupt

Address history (3 moves)

c/o Morten Boiden Nørsten, Toftekærsvej 13, 2820 Gentofte
c/o Morten Nørsten, Fruebjergvej 3, 2100 København Ø
c/o Morten Nørsten, Njalsgade 19D, 1., 2300 København S
c/o Morten Nørsten, Njalsgade 21G, 7., 2300 København S

Employees per year

Number of employees at Motivu ApS per year112018: 02018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Motivu ApS

Has Motivu ApS gone bankrupt?

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

What is the bankruptcy risk of Motivu ApS?

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

Who is the CEO of Motivu ApS?

Morten Boiden Nørsten is the CEO of Motivu ApS.

When was Motivu ApS founded?

Motivu ApS was founded on 24 April 2017.

What is the equity of Motivu ApS?

Equity was DKK -160k according to the annual report for the period ending 28 February 2026.

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