Progression Ventures ApS

CVR 38991825 · Private limited company (ApS) · Active · Low risk

Progression Ventures ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 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 89k and a net result of DKK -161k. CEO: David Today Ventzel.

Bankruptcy risk for Progression Ventures ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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×

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
38991825
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Accelerace Management A/S, Fruebjergvej 3
2100 København Ø
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 late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio69.8%
Current ratio331%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address611
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 20kDKK 31kDKK 34k
Net profitDKK -161kDKK -9,973DKK 28k
EquityDKK 89kDKK 249kDKK 259k
Total assetsDKK 127kDKK 286kDKK 296k
CashDKK 127kDKK 112k–
Short-term debtDKK 38kDKK 37k–
Avg. employees11–

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 2025126
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021191 Late
1 Jan 2020 – 31 Dec 2020177
1 Jan 2019 – 31 Dec 2019251 Late
5 Oct 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
CEODavid Today VentzelCurrent
Owner (33%)ACCELERACE MANAGEMENT A/SCurrent
Owner (50%)David Ventzel Holding ApSCurrent
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderACCELERACE MANAGEMENT A/SCurrent
FounderDavid Ventzel Holding ApSCurrent

The CEOs' other companies

David Today Ventzel – 7 other companies, of which 2 bankrupt

Address history (0 moves)

c/o Accelerace Management A/S, Fruebjergvej 3, 2100 København Ø

Former names

Progression Ventures ApS – now
Progression Ventures IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Progression Ventures ApS

Has Progression Ventures ApS gone bankrupt?

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

What is the bankruptcy risk of Progression Ventures ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Progression Ventures ApS?

David Today Ventzel is the CEO of Progression Ventures ApS.

Who is the auditor of Progression Ventures ApS?

Progression Ventures ApS most recently used CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was Progression Ventures ApS founded?

Progression Ventures ApS was founded on 5 October 2017.

What is the equity of Progression Ventures ApS?

Equity was DKK 89k 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.