PaperDonkey ApS

CVR 38999885 · Private limited company (ApS) · Active · Medium risk

PaperDonkey ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry andre udgiveraktiviteter, undtagen udgivelse af software. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -641k and a net result of DKK -83k.

Bankruptcy risk for PaperDonkey ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
38999885
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Østergade 26A, st. 1
1100 København K
Municipality
København
Industry
Andre udgiveraktiviteter, undtagen udgivelse af software (581900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-355.4%
Current ratio15%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address44
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 27kDKK 98k
Net profitDKK -83kDKK -37k
EquityDKK -641kDKK -608k
Total assetsDKK 180kDKK 260k
Short-term debtDKK 821k–

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 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021186 Late
1 Jan 2020 – 31 Dec 2020164
1 Jan 2019 – 31 Dec 2019244 Late
1 Oct 2017 – 31 Dec 201864

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
Owner (100%)Ulrik NordgaardCurrent
FounderUlrik NordgaardCurrent

Address history (1 moves)

Østergade 26A, st. 1, 1100 København K
c/o Ulrik Jørgensen, Pile Alle 15, 3. tv, 2000 Frederiksberg

Former names

PaperDonkey ApS – now
Issue Magazine ApS –

Other companies at the same address

Similar companies in København

Questions and answers about PaperDonkey ApS

Has PaperDonkey ApS gone bankrupt?

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

What is the bankruptcy risk of PaperDonkey ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

When was PaperDonkey ApS founded?

PaperDonkey ApS was founded on 1 October 2017.

What is the equity of PaperDonkey ApS?

Equity was DKK -641k 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.