Reflective Technologies ApS

CVR 38854992 · Private limited company (ApS) · Active · Medium risk

Reflective Technologies ApS is a Private limited company (ApS), founded on , based in Tilst. The company is registered in the industry computerprogrammering. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 5.4m and a net result of DKK -10.3m. CEO: Jacob Harboe Kristensen.

Bankruptcy risk for Reflective Technologies 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

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Registered owners4+ · 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
38854992
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Projektsalg Danmark ApS, True Møllevej 7
8381 Tilst
Municipality
Aarhus
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 95k
Employees
5 (2018)
Auditor
ULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio18.6%
Current ratio48%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address26
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 14.8mDKK 13.9mDKK 13.8m
Net profitDKK -10.3mDKK -16.1mDKK -15.1m
EquityDKK 5.4mDKK 15.7mDKK 31.9m
Total assetsDKK 29.2mDKK 60.3mDKK 75.1m
CashDKK 79kDKK 7.3m–
Short-term debtDKK 10.0mDKK 11.2m–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Ullits &amp; Winther, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020130
1 Jan 2019 – 31 Dec 2019133
15 Aug 2017 – 31 Dec 2018149

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
CEOJacob Harboe KristensenCurrent
CEOJakob Brøgger-Mikkelsen
CEODaniel Vestergaard
Owner (5%)Adjacent V1 LPCurrent
Owner (10%)METRO HOLDING ApSCurrent
Owner (10%)M+ III A/SCurrent
Owner (50%)Common Sense Capital ApSCurrent
Owner (25%)NORTHICAL VENTURES ApS
Owner (20%)DATADOG ApS
Owner (20%)Jakob Brøgger Holding ApS
Owner (10%)Leidra ApS
Owner (5%)A. HERFORTH IVS
Owner (5%)THINK BIGGER MANAGEMENT A/S
Owner (5%)M+ Invest ApS
Owner (5%)METRO HOLDING ApS
Owner (5%)Adjacent V1 LP
Owner (5%)CML12CML ApS
Owner (10%)Adjacent V1 LP
Owner (5%)M+ III A/S
Owner (5%)Leidra ApS
Owner (15%)DATADOG ApS
Owner (15%)Jakob Brøgger Holding ApS
Owner (10%)Common Sense Capital ApS
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderNORTHICAL VENTURES ApSCurrent
FounderDATADOG ApSCurrent
FounderJakob Brøgger Holding ApSCurrent

The CEOs' other companies

Jacob Harboe Kristensen – 9 other companies, of which 1 bankrupt

Jakob Brøgger-Mikkelsen – 6 other companies, of which 1 bankrupt

Daniel Vestergaard – 5 other companies

Address history (6 moves)

c/o Projektsalg Danmark ApS, True Møllevej 7, 8381 Tilst
c/o DOKK16, Balticagade 15B, st., 8000 Aarhus C
c/o DOKK16, Balticagade 14B, 8000 Aarhus C
c/o Spaces, Ny Carlsberg Vej 80, 1799 København V
c/o Founders House, Njalsgade 19D, 2300 København S
c/o Dokk16, Balticagade 16A, 8000 Aarhus C
Frederiksgade 74, 2. th, 8000 Aarhus C

Former names

Reflective Technologies ApS – now
Reflectly ApS –

Employees per year

Number of employees at Reflective Technologies ApS per year352018: 52018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Reflective Technologies ApS

Has Reflective Technologies ApS gone bankrupt?

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

What is the bankruptcy risk of Reflective Technologies 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 Reflective Technologies ApS?

Jacob Harboe Kristensen is the CEO of Reflective Technologies ApS.

Who is the auditor of Reflective Technologies ApS?

Reflective Technologies ApS most recently used ULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Reflective Technologies ApS founded?

Reflective Technologies ApS was founded on 15 August 2017.

What is the equity of Reflective Technologies ApS?

Equity was DKK 5.4m 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.