KunstIndustrien Copenhagen ApS

CVR 38780697 · Private limited company (ApS) · Active · Medium risk

KunstIndustrien Copenhagen ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med boligtekstiler, belysnings- og husholdningsartikler i.a.n.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 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 (31 Dec 2025) shows equity of DKK -67k and a net result of DKK -8,911. CEO: Britta Frost, Steen Frost.

Bankruptcy risk for KunstIndustrien Copenhagen ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Registered owners3 · bankruptcy rate 6.2%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×

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
38780697
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Skoubogade 1, st.
1158 København K
Municipality
København
Industry
Detailhandel med boligtekstiler, belysnings- og husholdningsartikler i.a.n. (475590)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-19.4%
Current ratio72%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -2,022DKK 0–
Net profitDKK -8,911DKK -8,383DKK -33k
EquityDKK -67kDKK -58kDKK -50k
Total assetsDKK 346kDKK 281kDKK 279k
Cash–DKK 0–
Short-term debtDKK 413kDKK 339k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023175
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021223 Late
1 Jan 2020 – 31 Dec 2020199 Late
1 Jan 2019 – 31 Dec 2019241 Late
7 Jul 2017 – 31 Dec 2018155

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
CEOBritta FrostCurrent
CEOSteen FrostCurrent
Owner (50%)Britta FrostCurrent
Owner (50%)Steen FrostCurrent
Owner (100%)Kunstindustrien Holding ApSCurrent
Owner (100%)Britta Frost
FounderBritta FrostCurrent

The CEOs' other companies

Britta Frost – 2 other companies

Steen Frost – 2 other companies

Address history (1 moves)

Skoubogade 1, st., 1158 København K
c/o Britta Frost, Odinsvej 7, 6400 Sønderborg

Former names

KunstIndustrien Copenhagen ApS – now
Schmidt Frost ApS –
Drinkworld ApS –

Employees per year

Number of employees at KunstIndustrien Copenhagen ApS per year112018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about KunstIndustrien Copenhagen ApS

Has KunstIndustrien Copenhagen ApS gone bankrupt?

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

What is the bankruptcy risk of KunstIndustrien Copenhagen ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of KunstIndustrien Copenhagen ApS?

Britta Frost, Steen Frost are the CEOs of KunstIndustrien Copenhagen ApS.

When was KunstIndustrien Copenhagen ApS founded?

KunstIndustrien Copenhagen ApS was founded on 7 July 2017.

What is the equity of KunstIndustrien Copenhagen ApS?

Equity was DKK -67k 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.