District2 Studio ApS

CVR 39120097 · Private limited company (ApS) · Active · Low risk

District2 Studio ApS is a Private limited company (ApS), founded on , based in Odense NØ. The company is registered in the industry grafisk design og visuel kommunikation. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 21k and a net result of DKK 62k.

Bankruptcy risk for District2 Studio ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
39120097
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Michael Ba Luong, Lærkeparken 134C, 2.
5240 Odense NØ
Municipality
Odense
Industry
Grafisk design og visuel kommunikation (741200)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio98.5%
Current ratio6,565%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 615kDKK 804k
Net profitDKK 62kDKK 3,064
EquityDKK 21kDKK -41k
Total assetsDKK 21kDKK 15k
CashDKK 21k–
Short-term debtDKK 318–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023134
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020200 Late
1 Jan 2019 – 31 Dec 2019259 Late
28 Nov 2017 – 31 Dec 201831

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
CEOShawn Doan
Owner (90%)Michael Ba LuongCurrent
Owner (10%)Vuong Ngoc TranCurrent
Owner (100%)Creative Hustle Agency IVS
Owner (67%)Michael Ba Luong
Owner (25%)Creative Hustle Agency IVS
Owner (100%)Michael Ba Luong
FounderCreative Hustle Agency IVSCurrent

The CEOs' other companies

Shawn Doan – 3 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Michael Ba Luong, Lærkeparken 134C, 2., 5240 Odense NØ
Borgmestervej 32, 8700 Horsens
Robert Jacobsens Vej 65, 6. 605, 2300 København S

Former names

District2 Studio ApS – now
District2 Studio IVS –

Similar companies in Odense

Questions and answers about District2 Studio ApS

Has District2 Studio ApS gone bankrupt?

No, District2 Studio ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of District2 Studio ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

When was District2 Studio ApS founded?

District2 Studio ApS was founded on 28 November 2017.

What is the equity of District2 Studio ApS?

Equity was DKK 21k 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.