Better Work ApS

CVR 39481022 · Private limited company (ApS) · Active · Low risk

Better Work ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.6% 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 -11k and a net result of DKK -152k.

Bankruptcy risk for Better Work ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Restated annual reports1 · bankruptcy rate 7.1%0.81×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
39481022
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Gorm Reedtz, Niels Bugges Vej 46
7100 Vejle
Municipality
Vejle
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Fremstilling af bygningstømmer og snedkeriartikler i øvrigt
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-7.8%
Current ratio100%
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 410kDKK 1.0mDKK 742k
Net profitDKK -152kDKK 83kDKK -25k
EquityDKK -11kDKK 156kDKK 140k
Total assetsDKK 137kDKK 397kDKK 273k
CashDKK 88kDKK 325k–
Short-term debtDKK 132kDKK 235k–

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 2024136
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020192 Late
1 Jan 2019 – 31 Dec 2019253 Late
1 Apr 2018 – 31 Dec 2018152

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
CEOPernille Høgh Johnsen
Owner (100%)Trademaker Holding ApSCurrent
Owner (5%)Pernille Høgh Johnsen
Owner (90%)Trademaker Holding ApS
FounderTrademaker Holding ApSCurrent

The CEOs' other companies

Pernille Høgh Johnsen – 2 other companies

Address history (0 moves)

c/o Gorm Reedtz, Niels Bugges Vej 46, 7100 Vejle

Former names

Better Work ApS – now
Isle of Samsoe ApS –

Other companies at the same address

Similar companies in Vejle

Questions and answers about Better Work ApS

Has Better Work ApS gone bankrupt?

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

What is the bankruptcy risk of Better Work ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was Better Work ApS founded?

Better Work ApS was founded on 1 April 2018.

What is the equity of Better Work ApS?

Equity was DKK -11k 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.