Frank Innovation ApS

CVR 38984527 · Private limited company (ApS) · Active · Low risk

Frank Innovation ApS is a Private limited company (ApS), founded on , based in Åbyhøj. The company is registered in the industry andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 209k and a net result of DKK 14k. CEO: William Frank.

Bankruptcy risk for Frank Innovation 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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
38984527
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
O.I. Offersens Vej 9
8230 Åbyhøj
Municipality
Aarhus
Industry
Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n. (749990)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Auditor
REVISIONSAKTIESELSKABET IB ROHDE, REGISTRERET REVISIONSVIRKSOMHED
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio88.7%
Current ratio612%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 81kDKK 196kDKK 46k
Net profitDKK 14kDKK 132kDKK 11k
EquityDKK 209kDKK 195kDKK 63k
Total assetsDKK 236kDKK 473kDKK 121k
CashDKK 140kDKK 4,585–
Short-term debtDKK 25kDKK 275k–
Tax owedDKK 0DKK 24k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSAKTIESELSKABET IB ROHDE, REGISTRERET REVISIONSVIRKSOMHED.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 202198
1 Jan 2020 – 31 Dec 2020178
1 Jan 2019 – 31 Dec 2019195 Late
4 Oct 2017 – 31 Dec 2018147

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
CEOWilliam FrankCurrent
Owner (50%)Else Okkels BirkCurrent
Owner (50%)William FrankCurrent
Owner (100%)William Frank
FounderWilliam FrankCurrent

Address history (1 moves)

O.I. Offersens Vej 9, 8230 Åbyhøj
Gjermosevej 11, 8600 Silkeborg

Former names

Frank Innovation ApS – now
Frank Innovation IVS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Frank Innovation ApS

Has Frank Innovation ApS gone bankrupt?

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

What is the bankruptcy risk of Frank Innovation 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.

Who is the CEO of Frank Innovation ApS?

William Frank is the CEO of Frank Innovation ApS.

Who is the auditor of Frank Innovation ApS?

Frank Innovation ApS most recently used REVISIONSAKTIESELSKABET IB ROHDE, REGISTRERET REVISIONSVIRKSOMHED.

When was Frank Innovation ApS founded?

Frank Innovation ApS was founded on 4 October 2017.

What is the equity of Frank Innovation ApS?

Equity was DKK 209k 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.