Two Heads Behind ApS

CVR 39352931 · Private limited company (ApS) · Active · Low risk

Two Heads Behind ApS is a Private limited company (ApS), founded on , based in Ringsted. The company is registered in the industry fremstilling af øl. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 64k and a net result of DKK 15k. CEO: Michael Bendtsen, Kenneth Marott Olesen.

Bankruptcy risk for Two Heads Behind ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · 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
39352931
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o René Hansen, Egerupvej 16
4100 Ringsted
Municipality
Ringsted
Industry
Fremstilling af øl (110500)
Bankruptcies in the industry: Fremstilling af øl
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio87.1%
Current ratio683%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 19kDKK 12kDKK -54k
Net profitDKK 15kDKK 9,488DKK -42k
EquityDKK 64kDKK 49kDKK 40k
Total assetsDKK 73kDKK 58kDKK 57k
CashDKK 31kDKK 22k–
Short-term debtDKK 9,496DKK 9,398–
Avg. employees03–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023160
1 Jan 2022 – 31 Dec 2022135
1 Jan 2021 – 31 Dec 2021131
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019244 Late
13 Feb 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
CEOMichael BendtsenCurrent
CEOKenneth Marott OlesenCurrent
CEOPatrick Rasmus Bendtsen
Owner (33%)Michael BendtsenCurrent
Owner (33%)Kenneth Marott OlesenCurrent
Owner (33%)Holdingselskabet René Hansen ApSCurrent
Owner (50%)Patrick Rasmus Bendtsen Holding ApS
Owner (50%)Holdingselskabet René Hansen ApS
Owner (100%)Holdingselskabet René Hansen ApS
FounderPatrick Rasmus Bendtsen Holding ApSCurrent
FounderHoldingselskabet René Hansen ApSCurrent

Address history (1 moves)

c/o René Hansen, Egerupvej 16, 4100 Ringsted
c/o René Hansen, Egerupvej 16, 4100 Ringsted

Other companies at the same address

Similar companies in Ringsted

Questions and answers about Two Heads Behind ApS

Has Two Heads Behind ApS gone bankrupt?

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

What is the bankruptcy risk of Two Heads Behind ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Two Heads Behind ApS?

Michael Bendtsen, Kenneth Marott Olesen are the CEOs of Two Heads Behind ApS.

When was Two Heads Behind ApS founded?

Two Heads Behind ApS was founded on 13 February 2018.

What is the equity of Two Heads Behind ApS?

Equity was DKK 64k 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.