Fundingbox Research ApS

CVR 39245957 · Private limited company (ApS) · Active · Low risk

Fundingbox Research ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -899k and a net result of DKK 42k. CEO: Kishore Shyam Karani Karani, Tomasz Marcin Mazuryk.

Bankruptcy risk for Fundingbox Research 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
39245957
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Forskerparken 10
5230 Odense M
Municipality
Odense
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-86.1%
Current ratio53%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address98
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.5mDKK 1.3mDKK 4.1m
Net profitDKK 42kDKK -1.2mDKK 1.3m
EquityDKK -899kDKK -940kDKK 1.3m
Total assetsDKK 1.0mDKK 1.8mDKK 6.4m
CashDKK 504kDKK 811k–
Short-term debtDKK 1.9mDKK 2.8m–
Tax owed–DKK 0–
Avg. employees24–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021137
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019244 Late
15 Jan 2018 – 31 Dec 2018184 Late

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
CEOKishore Shyam Karani KaraniCurrent
CEOTomasz Marcin MazurykCurrent
CEOLars Brøndum Petersen
CEOXabier Chao Garcia
Owner (100%)The Funding Box Group, S.L.Current
Owner (100%)FUNDINGBOX NORDIC ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderFUNDINGBOX NORDIC ApSCurrent

The CEOs' other companies

Kishore Shyam Karani Karani – 1 other companies

Lars Brøndum Petersen – 11 other companies, of which 1 bankrupt

Address history (1 moves)

Forskerparken 10, 5230 Odense M
Præstegårdsvej 9, 6534 Agerskov

Other companies at the same address

Similar companies in Odense

Questions and answers about Fundingbox Research ApS

Has Fundingbox Research ApS gone bankrupt?

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

What is the bankruptcy risk of Fundingbox Research 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 Fundingbox Research ApS?

Kishore Shyam Karani Karani, Tomasz Marcin Mazuryk are the CEOs of Fundingbox Research ApS.

Who is the auditor of Fundingbox Research ApS?

Fundingbox Research ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Fundingbox Research ApS founded?

Fundingbox Research ApS was founded on 15 January 2018.

What is the equity of Fundingbox Research ApS?

Equity was DKK -899k 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.