FSN HoldCo ApS

CVR 39211882 · Private limited company (ApS) · Active · High risk

FSN HoldCo ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -10.9m and a net result of DKK -4.3m. CEO: Marcus Peer Østergaard Wintersø.

Bankruptcy risk for FSN HoldCo ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · 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
39211882
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Kongens Nytorv 26, 2.
1050 København K
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 6,718
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-1,092,900.0%
Current ratio0%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address69
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK -193kDKK -287kDKK -462k
Net profitDKK -4.3mDKK -3.5mDKK -415k
EquityDKK -10.9mDKK -6.6mDKK -3.1m
Total assetsDKK 1,000DKK 1,000DKK 3,000
CashDKK 1,000DKK 1,000–
Short-term debtDKK 10.9mDKK 6.6m–
Tax owedDKK 4.1mDKK 3.3m–
Avg. employees00–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020158
1 Jan 2019 – 31 Dec 2019244 Late
2 Jan 2018 – 31 Dec 2018176

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
CEOMarcus Peer Østergaard WintersøCurrent
CEONicholas Nehmzow Hjorth
BoardMarcus Peer Østergaard WintersøCurrent
BoardJesper Bram IsaksenCurrent
BoardThomas Broe-Andersen
BoardNicolai Celinder Norrbom
BoardKasper Sørensen
BoardMarcus Peer Østergaard Wintersø
BoardNicolai Celinder Norrbom
Owner (100%)FSN Capital GP V LimitedCurrent
Owner (90%)FSN Capital V L.P.
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderFSN Capital V L.P.Current
FounderFSN Capital V Invest L.P.Current
FounderFSN Capital V (B) L.P.Current

The CEOs' other companies

Marcus Peer Østergaard Wintersø – 15 other companies

Nicholas Nehmzow Hjorth – 13 other companies

Address history (0 moves)

Kongens Nytorv 26, 2., 1050 København K

Other companies at the same address

Similar companies in København

Questions and answers about FSN HoldCo ApS

Has FSN HoldCo ApS gone bankrupt?

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

What is the bankruptcy risk of FSN HoldCo ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of FSN HoldCo ApS?

Marcus Peer Østergaard Wintersø is the CEO of FSN HoldCo ApS.

Who is the auditor of FSN HoldCo ApS?

FSN HoldCo ApS most recently used EY Godkendt Revisionspartnerselskab.

When was FSN HoldCo ApS founded?

FSN HoldCo ApS was founded on 2 January 2018.

What is the equity of FSN HoldCo ApS?

Equity was DKK -10.9m 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.