Ginnungagap ApS

CVR 38700766 · Private limited company (ApS) · Active · Low risk

Ginnungagap ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 858k and a net result of DKK 274k. CEO: Mikkel Freltoft Krogsholm.

Bankruptcy risk for Ginnungagap ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
38700766
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Mikkel Freltoft Krogsholm, Skotlandsgade 1, 3. th
2300 København S
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
Rønne Revision I/S
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio83.5%
Current ratio319%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -11kDKK -12kDKK -7,359
Net profitDKK 274kDKK 474kDKK 171k
EquityDKK 858kDKK 652kDKK 239k
Total assetsDKK 1.0mDKK 864kDKK 361k
CashDKK 77kDKK 117k–
Short-term debtDKK 169kDKK 212k–
Tax owedDKK 71kDKK 134k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Rønne Revision I/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022135
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020109
1 Jan 2019 – 31 Dec 2019175
1 Jan 2018 – 31 Dec 2018146
9 Jun 2017 – 31 Dec 2017166

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
CEOMikkel Freltoft KrogsholmCurrent
Owner (100%)Mikkel Freltoft KrogsholmCurrent
FounderMikkel Freltoft KrogsholmCurrent

The CEOs' other companies

Mikkel Freltoft Krogsholm – 6 other companies, of which 1 bankrupt

Address history (1 moves)

c/o Mikkel Freltoft Krogsholm, Skotlandsgade 1, 3. th, 2300 København S
c/o Mikkel Freltoft Krogsholm, Amager Boulevard 126, st. th, 2300 København S

Former names

Ginnungagap ApS – now
Ginnungagap IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Ginnungagap ApS

Has Ginnungagap ApS gone bankrupt?

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

What is the bankruptcy risk of Ginnungagap ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Ginnungagap ApS?

Mikkel Freltoft Krogsholm is the CEO of Ginnungagap ApS.

Who is the auditor of Ginnungagap ApS?

Ginnungagap ApS most recently used Rønne Revision I/S.

When was Ginnungagap ApS founded?

Ginnungagap ApS was founded on 9 June 2017.

What is the equity of Ginnungagap ApS?

Equity was DKK 858k 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.