Two Cents ApS

CVR 38900439 · Private limited company (ApS) · Active · Low risk

Two Cents ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published, of which 7 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11.1m and a net result of DKK 826k. CEO: Martin Hegelund Møller.

Bankruptcy risk for Two Cents ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×

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
38900439
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Fiolstræde 17B
1171 København K
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 8
Missing annual reportNo
Negative equityNo
Equity ratio70.7%
Current ratio92%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -19kDKK -24k
Net profitDKK 826kDKK 120k
EquityDKK 11.1mDKK 10.3m
Total assetsDKK 15.7mDKK 15.6m
CashDKK 34k–
Short-term debtDKK 4.6m–
Tax owedDKK 136k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025198 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023213 Late
1 Jan 2022 – 31 Dec 2022206 Late
1 Jan 2021 – 31 Dec 2021201 Late
1 Jan 2020 – 31 Dec 2020204 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Sep 2017 – 31 Dec 2018178

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
CEOMartin Hegelund MøllerCurrent
Owner (100%)Martin Hegelund MøllerCurrent
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
FounderMartin Hegelund MøllerCurrent

The CEOs' other companies

Martin Hegelund Møller – 23 other companies

Address history (3 moves)

Fiolstræde 17B, 1171 København K
c/o Martin Hegelund, Pilestræde 35F, 3., 1112 København K
c/o Martin Hegelund, Andreas Bjørns Gade 2, 2. th, 1428 København K
c/o Martin Hegelund, Skindergade 29, 1., 1159 København K

Former names

Two Cents ApS – now
Two Cents IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Two Cents ApS

Has Two Cents ApS gone bankrupt?

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

What is the bankruptcy risk of Two Cents ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Two Cents ApS?

Martin Hegelund Møller is the CEO of Two Cents ApS.

Who is the auditor of Two Cents ApS?

Two Cents ApS most recently used CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was Two Cents ApS founded?

Two Cents ApS was founded on 1 September 2017.

What is the equity of Two Cents ApS?

Equity was DKK 11.1m 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.