S4 Holding ApS

CVR 39145324 · Private limited company (ApS) · Active · Low risk

S4 Holding ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% 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 368k and a net result of DKK 8,871. CEO: Subaranjini Sivakumar, Sivakumar Balasubramanian.

Bankruptcy risk for S4 Holding ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
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

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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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
39145324
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Birk Centerpark 40
7400 Herning
Municipality
Herning
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio74.1%
Current ratio35%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address206
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -9,625DKK -11kDKK -6,250
Net profitDKK 8,871DKK -379kDKK -3,972
EquityDKK 368kDKK 359kDKK 740k
Total assetsDKK 496kDKK 482kDKK 856k
CashDKK 376DKK 376–
Short-term debtDKK 129kDKK 124k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021115
1 Jan 2020 – 31 Dec 2020106
1 Jan 2019 – 31 Dec 2019241 Late
7 Dec 2017 – 31 Dec 2018123

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
CEOSubaranjini SivakumarCurrent
CEOSivakumar BalasubramanianCurrent
Owner (50%)Subaranjini SivakumarCurrent
Owner (50%)Sivakumar BalasubramanianCurrent
FounderSubaranjini SivakumarCurrent
FounderSivakumar BalasubramanianCurrent

The CEOs' other companies

Subaranjini Sivakumar – 1 other companies

Sivakumar Balasubramanian – 1 other companies

Address history (1 moves)

Birk Centerpark 40, 7400 Herning
Vesterhåb 31, 7430 Ikast

Former names

S4 Holding ApS – now
S4 Holding IVS –

Other companies at the same address

Similar companies in Herning

Questions and answers about S4 Holding ApS

Has S4 Holding ApS gone bankrupt?

No, S4 Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of S4 Holding ApS?

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

Who is the CEO of S4 Holding ApS?

Subaranjini Sivakumar, Sivakumar Balasubramanian are the CEOs of S4 Holding ApS.

Who is the auditor of S4 Holding ApS?

S4 Holding ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was S4 Holding ApS founded?

S4 Holding ApS was founded on 7 December 2017.

What is the equity of S4 Holding ApS?

Equity was DKK 368k 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.