Substantia ApS

CVR 39252783 · Private limited company (ApS) · Active · Low risk

Substantia ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry public relations og kommunikation. Our model estimates a bankruptcy risk of 0.1% 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 3.7m and a net result of DKK 1.9m. CEO: Paulina Wata Rosenquist Kæmsgaard.

Bankruptcy risk for Substantia ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
39252783
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Frederiksborggade 22, 1. th
1360 København K
Municipality
København
Industry
Public relations og kommunikation (733000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 50k
Employees
6 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio60.2%
Current ratio244%
Moves (last 2 years)2
CEO changes in total8
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.9mDKK 7.2m
Net profitDKK 1.9mDKK 451k
EquityDKK 3.7mDKK 1.8m
Total assetsDKK 6.1mDKK 4.1m
CashDKK 3.5m–
Short-term debtDKK 2.4m–
Tax owedDKK 0–
Avg. employees4–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202529
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 202330
1 Jan 2022 – 31 Dec 202240
1 Jan 2021 – 31 Dec 2021125
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 2019185 Late
16 Jan 2018 – 31 Dec 2018164

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
CEOPaulina Wata Rosenquist KæmsgaardCurrent
CEOKresten Schultz-Jørgensen
CEOMalou Erritzøe
CEOPeter August Goll
CEOLouise Helstrup Guldager
BoardLouise Helstrup Guldager
BoardKresten Schultz-Jørgensen
BoardPeter August Goll
BoardPeter August Goll
BoardFrank Serup Laybourn
BoardAndreas Hjørnholm
BoardPaulina Wata Rosenquist Kæmsgaard
Owner (10%)Wata Holding ApSCurrent
Owner (90%)GOLL IMPACT ApSCurrent
Owner (100%)SCHULTZ JØRGENSEN HOLDING ApS
Owner (50%)GOLL IMPACT ApS
Owner (50%)SCHULTZ JØRGENSEN HOLDING ApS
Owner (100%)GOLL IMPACT ApS
Owner (67%)GOLL IMPACT ApS
Owner (20%)Guldager Strategic ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSCHULTZ JØRGENSEN HOLDING ApSCurrent

The CEOs' other companies

Kresten Schultz-Jørgensen – 12 other companies, of which 3 bankrupt

Malou Erritzøe – 3 other companies

Peter August Goll – 8 other companies

Address history (3 moves)

Frederiksborggade 22, 1. th, 1360 København K
Gammel Kongevej 1, 2., 1610 København V
Dampfærgevej 2, 2100 København Ø
Rosenborggade 17, 1130 København K

Former names

Substantia ApS – now
Schultz J & Goll ApS –
Oxymoron ApS –

Employees per year

Number of employees at Substantia ApS per year362018: 62018

Other companies at the same address

Similar companies in København

Questions and answers about Substantia ApS

Has Substantia ApS gone bankrupt?

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

What is the bankruptcy risk of Substantia ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Substantia ApS?

Paulina Wata Rosenquist Kæmsgaard is the CEO of Substantia ApS.

Who is the auditor of Substantia ApS?

Substantia ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Substantia ApS founded?

Substantia ApS was founded on 16 January 2018.

What is the equity of Substantia ApS?

Equity was DKK 3.7m 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.