The Secret ApS

CVR 38625705 · Private limited company (ApS) · Active · Medium risk

The Secret ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 208k and a net result of DKK -259k. CEO: Xueyan Chen, Wenhui Wu.

Bankruptcy risk for The Secret ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
38625705
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Engvænget 28
2650 Hvidovre
Municipality
Hvidovre
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Restauranter
Share capital
DKK 50k
Employees
6 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityNo
Equity ratio34.7%
Current ratio153%
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 375kDKK 636kDKK 864k
Net profitDKK -259kDKK -59kDKK 122k
EquityDKK 208kDKK 467kDKK 526k
Total assetsDKK 598kDKK 1.0mDKK 1.2m
CashDKK 487kDKK 721k–
Short-term debtDKK 390kDKK 540k–
Tax owedDKK 0DKK 35k–
Avg. employees33–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025184 Late
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023181
1 Jul 2021 – 30 Jun 2022196 Late
1 Jul 2020 – 30 Jun 2021167
1 Jul 2019 – 30 Jun 2020182
1 Jul 2018 – 30 Jun 2019184 Late
2 May 2017 – 30 Jun 2018184 Late

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
CEOXueyan ChenCurrent
CEOWenhui WuCurrent
Owner (100%)Wenhui og Xueyan Holding ApSCurrent
FounderWenhui og Xueyan Holding ApSCurrent

The CEOs' other companies

Xueyan Chen – 1 other companies

Wenhui Wu – 1 other companies

Address history (2 moves)

Engvænget 28, 2650 Hvidovre
Engvænget 28, 2650 Hvidovre
Dalstrøget 71, 2. tv, 2870 Dyssegård

Former names

The Secret ApS – now
Lundgren V.I.P. Frederiksberg ApS –

Employees per year

Number of employees at The Secret ApS per year362017: 620172018: 62018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about The Secret ApS

Has The Secret ApS gone bankrupt?

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

What is the bankruptcy risk of The Secret ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of The Secret ApS?

Xueyan Chen, Wenhui Wu are the CEOs of The Secret ApS.

When was The Secret ApS founded?

The Secret ApS was founded on 2 May 2017.

What is the equity of The Secret ApS?

Equity was DKK 208k according to the annual report for the period ending 30 June 2025.

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