Free Spirit DK ApS

CVR 39393182 · Private limited company (ApS) · Active · Medium risk

Free Spirit DK ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry engroshandel med beklædning. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 8 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 131k and a net result of DKK -37k. CEO: Line Markvardsen.

Bankruptcy risk for Free Spirit DK ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39393182
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o line markvardsen, Gråbrødretorv 14
1154 København K
Municipality
København
Industry
Engroshandel med beklædning (464210)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Employees
1 (2018)
Auditor
Complet RevisionRegistreret Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio16.4%
Current ratio109%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies3
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 398kDKK 180kDKK 303k
Net profitDKK -37kDKK -27kDKK 36k
EquityDKK 131kDKK 168kDKK 196k
Total assetsDKK 799kDKK 760kDKK 580k
CashDKK 60kDKK 76k–
Short-term debtDKK 668kDKK 592k–
Tax owedDKK 0DKK 6,058–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Complet RevisionRegistreret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202686
1 Jul 2024 – 30 Jun 2025162
1 Jul 2023 – 30 Jun 2024137
1 Jul 2022 – 30 Jun 202384
1 Jul 2021 – 30 Jun 2022161
1 Jul 2020 – 30 Jun 2021161
1 Jul 2019 – 30 Jun 2020136
5 Mar 2018 – 30 Jun 2019148

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
CEOLine MarkvardsenCurrent
CEOBirgit Møller Markvardsen
CEOMichael Kjær Andersen
Owner (100%)Line MarkvardsenCurrent
Owner (100%)Birgit Møller Markvardsen
Owner (100%)Michael Kjær Andersen
FounderBirgit Møller MarkvardsenCurrent

The CEOs' other companies

Line Markvardsen – 3 other companies, of which 3 bankrupt

Michael Kjær Andersen – 1 other companies, of which 1 bankrupt

Address history (2 moves)

c/o line markvardsen, Gråbrødretorv 14, 1154 København K
Kastrupvej 118, st., 2300 København S
Margretheholmsvej 40, 4. th, 1432 København K

Former names

Free Spirit DK ApS – now
Free Spirit DK IVS –

Employees per year

Number of employees at Free Spirit DK ApS per year112018: 12018

Other companies at the same address

Similar companies in København

Questions and answers about Free Spirit DK ApS

Has Free Spirit DK ApS gone bankrupt?

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

What is the bankruptcy risk of Free Spirit DK ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Free Spirit DK ApS?

Line Markvardsen is the CEO of Free Spirit DK ApS.

Who is the auditor of Free Spirit DK ApS?

Free Spirit DK ApS most recently used Complet RevisionRegistreret Revisionsanpartsselskab.

When was Free Spirit DK ApS founded?

Free Spirit DK ApS was founded on 5 March 2018.

What is the equity of Free Spirit DK ApS?

Equity was DKK 131k according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.