K-Development ApS

CVR 39468875 · Private limited company (ApS) · Active · Low risk

K-Development ApS is a Private limited company (ApS), founded on , based in Køge. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. 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. The latest annual report (31 Dec 2025) shows equity of DKK 59k and a net result of DKK 5,275. CEO: Kim Bjørn Knutzen.

Bankruptcy risk for K-Development 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

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×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
39468875
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nordvangen 19
4600 Køge
Municipality
Køge
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio96.9%
Current ratio3,183%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 6,743DKK 3,857DKK 1,078
Net profitDKK 5,275DKK 3,021DKK 855
EquityDKK 59kDKK 53kDKK 50k
Total assetsDKK 61kDKK 54kDKK 51k
CashDKK 61kDKK 54k–
Short-term debtDKK 1,902DKK 980–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025158
1 Jan 2024 – 31 Dec 2024166
1 Jan 2023 – 31 Dec 2023136
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021135
1 Jan 2020 – 31 Dec 2020134
1 Jan 2019 – 31 Dec 2019101
5 Apr 2018 – 31 Dec 2018135

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
CEOKim Bjørn KnutzenCurrent
Owner (100%)Kim Bjørn KnutzenCurrent
FounderKim Bjørn KnutzenCurrent

Address history (0 moves)

Nordvangen 19, 4600 Køge

Former names

K-Development ApS – now
K-Development IVS –

Similar companies in Køge

Questions and answers about K-Development ApS

Has K-Development ApS gone bankrupt?

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

What is the bankruptcy risk of K-Development 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 K-Development ApS?

Kim Bjørn Knutzen is the CEO of K-Development ApS.

When was K-Development ApS founded?

K-Development ApS was founded on 5 April 2018.

What is the equity of K-Development ApS?

Equity was DKK 59k 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.