Four Circles ApS

CVR 39196654 · Private limited company (ApS) · Active · Low risk

Four Circles ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 32.4m and a net result of DKK 6.0m. CEO: Karsten Poulsen.

Bankruptcy risk for Four Circles ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
39196654
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Assure A/S, Philip Heymans Alle 29, 2.
2900 Hellerup
Municipality
Gentofte
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Auditor
CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio95.7%
Current ratio1,266%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address63
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -73kDKK -57k
Net profitDKK 6.0mDKK 337k
EquityDKK 32.4mDKK 27.4m
Total assetsDKK 33.9mDKK 28.8m
CashDKK 12.8m–
Short-term debtDKK 1.5m–
Tax owedDKK 191k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019235 Late
29 Dec 2017 – 31 Dec 2018155

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
CEOKarsten PoulsenCurrent
Owner (100%)Karsten PoulsenCurrent
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
AuditorRevisionshuset Tal & Tanker Statsautoriseret Revisionspartnerselskab
AuditorOne Revision Statsautoriseret Revisionspartnerselskab
FounderKarsten PoulsenCurrent

The CEOs' other companies

Karsten Poulsen – 39 other companies, of which 3 bankrupt

Address history (1 moves)

c/o Assure A/S, Philip Heymans Alle 29, 2., 2900 Hellerup
Gammel Strandvej 16, 2990 Nivå

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Four Circles ApS

Has Four Circles ApS gone bankrupt?

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

What is the bankruptcy risk of Four Circles ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Four Circles ApS?

Karsten Poulsen is the CEO of Four Circles ApS.

Who is the auditor of Four Circles ApS?

Four Circles ApS most recently used CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was Four Circles ApS founded?

Four Circles ApS was founded on 29 December 2017.

What is the equity of Four Circles ApS?

Equity was DKK 32.4m 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.