Ethican ApS

CVR 39089114 · Private limited company (ApS) · Active · Low risk

Ethican ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. 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 742k and a net result of DKK -669k. CEO: Anne Bornø Andersen.

Bankruptcy risk for Ethican 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
39089114
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Stallerup Sø 10
6000 Kolding
Municipality
Kolding
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio87.9%
Current ratio727%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -87kDKK -50kDKK -154k
Net profitDKK -669kDKK -447kDKK -191k
EquityDKK 742kDKK 1.5mDKK 2.0m
Total assetsDKK 845kDKK 1.5mDKK 2.0m
CashDKK 548kDKK 596k–
Short-term debtDKK 103kDKK 5,000–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025165
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020154
1 Jan 2019 – 31 Dec 2019192 Late
16 Nov 2017 – 31 Dec 2018162

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
CEOAnne Bornø AndersenCurrent
Owner (5%)Jørgen FredelundCurrent
Owner (90%)Anne Bornø AndersenCurrent
FounderAnne Bornø AndersenCurrent

The CEOs' other companies

Anne Bornø Andersen – 5 other companies

Address history (1 moves)

Stallerup Sø 10, 6000 Kolding
Sdr. Havnegade 36, 6000 Kolding

Similar companies in Kolding

Questions and answers about Ethican ApS

Has Ethican ApS gone bankrupt?

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

What is the bankruptcy risk of Ethican 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 Ethican ApS?

Anne Bornø Andersen is the CEO of Ethican ApS.

Who is the auditor of Ethican ApS?

Ethican ApS most recently used Beierholm.

When was Ethican ApS founded?

Ethican ApS was founded on 16 November 2017.

What is the equity of Ethican ApS?

Equity was DKK 742k 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.