Two Worlds ApS

CVR 38673149 · Private limited company (ApS) · Active · Medium risk

Two Worlds ApS is a Private limited company (ApS), founded on , based in Borup. The company is registered in the industry drift af dagspa, saunaer og dampbade. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -604k and a net result of DKK 45k.

Bankruptcy risk for Two Worlds ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
38673149
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Ørningevej 3
4140 Borup
Municipality
Køge
Industry
Drift af dagspa, saunaer og dampbade (962300)
Bankruptcies in the industry: Frisørsaloner
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-106.0%
Current ratio44%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 694kDKK 555k
Net profitDKK 45kDKK -106k
EquityDKK -604kDKK -649k
Total assetsDKK 570kDKK 408k
CashDKK 68k–
Short-term debtDKK 1.2m–
Avg. employees3–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025171
1 Jul 2023 – 30 Jun 2024183
1 Jul 2022 – 30 Jun 2023166
1 Jul 2021 – 30 Jun 2022183
1 Jul 2020 – 30 Jun 2021146
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019152
24 May 2017 – 30 Jun 2018163

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
Owner (100%)Phacharee Gundahl MadsenCurrent
FounderPhacharee Gundahl MadsenCurrent

Address history (0 moves)

Ørningevej 3, 4140 Borup

Employees per year

Number of employees at Two Worlds ApS per year242017: 220172018: 42018

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Questions and answers about Two Worlds ApS

Has Two Worlds ApS gone bankrupt?

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

What is the bankruptcy risk of Two Worlds ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

When was Two Worlds ApS founded?

Two Worlds ApS was founded on 24 May 2017.

What is the equity of Two Worlds ApS?

Equity was DKK -604k 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.