Kara Connect ApS

CVR 39065266 · Private limited company (ApS) · Active · Low risk

Kara Connect ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry computerprogrammering. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -28k and a net result of DKK -61k. CEO: þorbjôrg Helga Vigfúsdóttir.

Bankruptcy risk for Kara Connect ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39065266
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Store Kongensgade 65A, 1.
1264 København K
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-15.2%
Current ratio87%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1,790DKK 1,624DKK -2,478
Net profitDKK -61kDKK 19kDKK -248k
EquityDKK -28kDKK 33kDKK 14k
Total assetsDKK 182kDKK 2.7mDKK 9.9m
CashDKK 132kDKK 2.7m–
Short-term debtDKK 210kDKK 2.6m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025163
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019240 Late
6 Nov 2017 – 31 Dec 2018319 Late

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
CEOþorbjôrg Helga VigfúsdóttirCurrent
BoardHalldór Bjarkar LúõvigssonCurrent
BoardPatrick Guy F. de MuynckCurrent
BoardHalldór Bjarkar Lúõvigsson
BoardSigriöur Snæbjörnsdóttir
BoardAri Kristinn Jónsson
BoardJenny Ruth Hrafnsdottir
Owner (100%)Kara Connect ehf.Current
FounderUlrik Fleischer-MichaelsenCurrent

Address history (2 moves)

Store Kongensgade 65A, 1., 1264 København K
Store Kongensgade 65A, 1., 1264 København K
Radbyvej 74, 5320 Agedrup

Former names

Kara Connect ApS – now
Kara Connect IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Kara Connect ApS

Has Kara Connect ApS gone bankrupt?

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

What is the bankruptcy risk of Kara Connect 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 Kara Connect ApS?

þorbjôrg Helga Vigfúsdóttir is the CEO of Kara Connect ApS.

Who is the auditor of Kara Connect ApS?

Kara Connect ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Kara Connect ApS founded?

Kara Connect ApS was founded on 6 November 2017.

What is the equity of Kara Connect ApS?

Equity was DKK -28k 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.