Surf & Work ApS

CVR 38860437 · Private limited company (ApS) · Active · Low risk

Surf & Work ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 91k and a net result of DKK 6,331.

Bankruptcy risk for Surf & Work ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
38860437
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Surf & Work l Silicon VØ, Vesterhavsgade 15
7700 Thisted
Municipality
Thisted
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityNo
Equity ratio54.0%
Current ratio218%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6,331DKK 392
Net profitDKK 6,331DKK 392
EquityDKK 91kDKK 78k
Total assetsDKK 168kDKK 94k
CashDKK 114k–
Short-term debtDKK 77k–

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 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021195 Late
1 Jan 2020 – 31 Dec 2020214 Late
1 Jan 2019 – 31 Dec 2019244 Late
1 Jan 2018 – 31 Dec 2018176
17 Aug 2017 – 31 Dec 2017171

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
CEOMads Ring
Owner (100%)Alexander Søndergård BengtsenCurrent
Owner (50%)Alexander Søndergård Bengtsen
Owner (50%)Mads Ring
FounderAlexander Søndergård BengtsenCurrent
FounderMads RingCurrent

The CEOs' other companies

Mads Ring – 4 other companies

Address history (3 moves)

c/o Surf & Work l Silicon VØ, Vesterhavsgade 15, 7700 Thisted
c/o Surf & Work l Silicon VØ, Vesterhavsgade 15, 7700 Thisted
c/o Mads Ring, Kræn Knudsens Vej 40, 7700 Thisted
c/o Mads Ring, Vesterhavsgade 90, 1., 7700 Thisted

Former names

Surf & Work ApS – now
Surf&Work IVS –

Other companies at the same address

Similar companies in Thisted

Questions and answers about Surf & Work ApS

Has Surf & Work ApS gone bankrupt?

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

What is the bankruptcy risk of Surf & Work ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

When was Surf & Work ApS founded?

Surf & Work ApS was founded on 17 August 2017.

What is the equity of Surf & Work ApS?

Equity was DKK 91k 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.