Passcon ApS

CVR 39363178 · Private limited company (ApS) · Active · Low risk

Passcon ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.3m and a net result of DKK -199k. CEO: Steven Kwon Meirink, Dian Iankov Stoianov.

Bankruptcy risk for Passcon 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%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
39363178
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Sankt Peders Vej 6, st.
2900 Hellerup
Municipality
Gentofte
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-86.7%
Current ratio54%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -197kDKK -336kDKK -231k
Net profitDKK -199kDKK -513kDKK -234k
EquityDKK -1.3mDKK -1.1mDKK -595k
Total assetsDKK 1.5mDKK 1.7mDKK 3.4m
CashDKK 388kDKK 595k–
Short-term debtDKK 2.8mDKK 2.8m–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019168
22 Feb 2018 – 31 Dec 2018154

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
CEOSteven Kwon MeirinkCurrent
CEODian Iankov StoianovCurrent
CEOCorinna Reibchen
CEOCory John Skinner
CEOFrank Ewing
Owner (100%)passcon GmbHCurrent
FounderLEXCO Law DK ApSCurrent

Address history (0 moves)

Sankt Peders Vej 6, st., 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Passcon ApS

Has Passcon ApS gone bankrupt?

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

What is the bankruptcy risk of Passcon 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 Passcon ApS?

Steven Kwon Meirink, Dian Iankov Stoianov are the CEOs of Passcon ApS.

When was Passcon ApS founded?

Passcon ApS was founded on 22 February 2018.

What is the equity of Passcon ApS?

Equity was DKK -1.3m 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.