Satellite Publications ApS

CVR 39281511 · Private limited company (ApS) · Active · Low risk

Satellite Publications ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry udgivelse af bøger. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -98k and a net result of DKK -19k. CEO: Andrew Gavin Hansell.

Bankruptcy risk for Satellite Publications ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Capital changes1 · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
39281511
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Horstedvej 205
7100 Vejle
Municipality
Vejle
Industry
Udgivelse af bøger (581100)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-6,390.6%
Current ratio2%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -15kDKK -27kDKK -29k
Net profitDKK -19kDKK -30kDKK -31k
EquityDKK -98kDKK -78kDKK -48k
Total assetsDKK 1,526DKK 2,308DKK 1,614
CashDKK 1,526DKK 1,058–
Short-term debtDKK 99kDKK 80k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024168
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 202139
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 201957
25 Jan 2018 – 31 Dec 201857

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
CEOAndrew Gavin HansellCurrent
CEOMarlene Gavin Hansell
Owner (50%)Andrew Gavin HansellCurrent
Owner (50%)Marlene Gavin HansellCurrent
Owner (100%)The HAG Holding ApS
Owner (100%)Andrew Gavin Hansell
FounderThe HAG Holding ApSCurrent

The CEOs' other companies

Andrew Gavin Hansell – 2 other companies

Address history (0 moves)

Horstedvej 205, 7100 Vejle

Former names

Satellite Publications ApS – now
Bitsi-Lite Publishing ApS –
Bitsi-Lite Publishing IVS –

Employees per year

Number of employees at Satellite Publications ApS per year112018: 12018

Other companies at the same address

Similar companies in Vejle

Questions and answers about Satellite Publications ApS

Has Satellite Publications ApS gone bankrupt?

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

What is the bankruptcy risk of Satellite Publications ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Satellite Publications ApS?

Andrew Gavin Hansell is the CEO of Satellite Publications ApS.

When was Satellite Publications ApS founded?

Satellite Publications ApS was founded on 25 January 2018.

What is the equity of Satellite Publications ApS?

Equity was DKK -98k 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.