Workfeed ApS

CVR 38921746 · Private limited company (ApS) · Active · Low risk

Workfeed ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.1m and a net result of DKK 636k. CEO: Kristian Emil Larsen, Jimmy Engelbrecht Sørensen.

Bankruptcy risk for Workfeed ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
38921746
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Møllegade 32
8000 Aarhus C
Municipality
Aarhus
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 48k
Auditor
Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio41.7%
Current ratio38%
Moves (last 2 years)2
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address44
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 7.9mDKK 4.2m
Net profitDKK 636kDKK -854k
EquityDKK 3.1mDKK 2.5m
Total assetsDKK 7.4mDKK 6.5m
CashDKK 754k–
Short-term debtDKK 3.9m–
Avg. employees9–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202564
1 Jan 2024 – 31 Dec 2024129
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021129
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019240 Late
11 Sep 2017 – 31 Dec 2018144

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
CEOKristian Emil LarsenCurrent
CEOJimmy Engelbrecht SørensenCurrent
CEORasmus Skovdal
CEOSøren Grum
CEOJacob Desmorais Crawford
BoardDavid Heinemeier HanssonCurrent
BoardWerner Helmuth Storm ValeurCurrent
BoardRasmus SkovdalCurrent
BoardKristian Emil LarsenCurrent
BoardJimmy Engelbrecht SørensenCurrent
BoardJimmy Engelbrecht Sørensen
Owner (15%)David Heinemeier HanssonCurrent
Owner (20%)J. E. Sørensen Holding ApSCurrent
Owner (20%)Larsen Capital Corporation ApSCurrent
Owner (20%)Tokke Holdings ApSCurrent
Owner (10%)Mad House HQ ApSCurrent
Owner (33%)Rasmus Skovdal
Owner (15%)Emil Nors Brogren Sand
Owner (33%)Søren Grum
Owner (33%)Kristian Emil Larsen
Owner (25%)Jacob Desmorais Crawford
Owner (25%)Grum Tømrer & Multiservice ApS
Owner (25%)Larsen Capital Corporation ApS
Owner (25%)Tokke Holdings ApS
Owner (25%)JCrawford Holding IVS
Owner (20%)J. E. Sørensen Holding ApS
Owner (20%)Grum Tømrer & Multiservice ApS
Owner (20%)Larsen Capital Corporation ApS
Owner (25%)Tokke Holdings ApS
Owner (20%)JCrawford Holding IVS
Owner (33%)J. E. Sørensen Holding ApS
Owner (33%)Larsen Capital Corporation ApS
Owner (15%)Mad House HQ ApS
Owner (25%)J. E. Sørensen Holding ApS
Owner (25%)Larsen Capital Corporation ApS
Owner (10%)Mad House HQ ApS
Owner (5%)Mad House HQ ApS
FounderRasmus SkovdalCurrent
FounderSøren GrumCurrent
FounderKristian Emil LarsenCurrent

The CEOs' other companies

Jimmy Engelbrecht Sørensen – 2 other companies

Søren Grum – 2 other companies

Address history (8 moves)

Møllegade 32, 8000 Aarhus C
Søren Frichs Vej 42B, 1. th, 8230 Åbyhøj
c/o Jimmy Engelbrecht Sørensen, Guldsmedgade 26B, 2., 8000 Aarhus C
Universitetsbyen 7, 8000 Aarhus C
Nørrebrogade 44, 8000 Aarhus C
Helsingforsgade 27C, 8200 Aarhus N
Åbogade 34, 8200 Aarhus N
c/o Orbit Lab, Finlandsgade 28, 8200 Aarhus N
c/o Steffen Jung Roed, Anholtsgade 15, 3., 8000 Aarhus C

Former names

Workfeed ApS – now
Relion ApS –
Relion IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Workfeed ApS

Has Workfeed ApS gone bankrupt?

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

What is the bankruptcy risk of Workfeed ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Workfeed ApS?

Kristian Emil Larsen, Jimmy Engelbrecht Sørensen are the CEOs of Workfeed ApS.

Who is the auditor of Workfeed ApS?

Workfeed ApS most recently used Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.

When was Workfeed ApS founded?

Workfeed ApS was founded on 11 September 2017.

What is the equity of Workfeed ApS?

Equity was DKK 3.1m 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.