Shoreline ApS

CVR 39083930 · Private limited company (ApS) · Active · Very high risk

Shoreline ApS is a Private limited company (ApS), founded on , based in Gistrup. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 18.5% over the next 12 months, which is 13.2 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 2.5m and a net result of DKK 282k.

Bankruptcy risk for Shoreline ApS

18.5%
probability of bankruptcy within 12 months
Very high risk

13.2 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
39083930
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Dinfirmaadresse ApS, Gunderupvej 16
9260 Gistrup
Municipality
Aalborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
12 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio32.0%
Current ratio1,008%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address34
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 10.1mDKK 17.1mDKK 17.0m
Net profitDKK 282kDKK 359kDKK 346k
EquityDKK 2.5mDKK 2.2mDKK 1.8m
Total assetsDKK 7.8mDKK 7.9mDKK 7.9m
CashDKK 2,020DKK 277k–
Short-term debtDKK 750kDKK 1.1m–
Tax owedDKK 50kDKK 35k–
Avg. employees1423–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021164
1 Jan 2020 – 31 Dec 2020169
1 Jan 2019 – 31 Dec 2019162
13 Nov 2017 – 31 Dec 2018135

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
CEOMichael Friis Bjerrum
BoardAndrew PearsonCurrent
BoardOle-Erik Vestøl Endrerud
Owner (100%)Shoreline ASCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderShoreline ASCurrent

The CEOs' other companies

Michael Friis Bjerrum – 3 other companies

Address history (2 moves)

c/o Dinfirmaadresse ApS, Gunderupvej 16, 9260 Gistrup
c/o House of Offshore Innovation, Kanalen 1, 6700 Esbjerg
Torskekaj 1, 6700 Esbjerg

Employees per year

Number of employees at Shoreline ApS per year6122017: 020172018: 122018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Shoreline ApS

Has Shoreline ApS gone bankrupt?

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

What is the bankruptcy risk of Shoreline ApS?

Our model estimates a bankruptcy risk of 18.5% over the next 12 months (very high risk), which is 13.2 times the average for Danish companies.

Who is the auditor of Shoreline ApS?

Shoreline ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Shoreline ApS founded?

Shoreline ApS was founded on 13 November 2017.

What is the equity of Shoreline ApS?

Equity was DKK 2.5m 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.