Monthio ApS

CVR 39609525 · Private limited company (ApS) · Active · Low risk

Monthio ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerprogrammering. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 52.4m and a net result of DKK -23.9m.

Bankruptcy risk for Monthio 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
39609525
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Øster Allé 56, 2.
2100 København Ø
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 2.3m
Employees
0 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio60.0%
Current ratio254%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address89
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 28.6mDKK 29.3mDKK 16.4m
Net profitDKK -23.9mDKK -12.2mDKK -13.6m
EquityDKK 52.4mDKK 33.7mDKK 3.1m
Total assetsDKK 87.3mDKK 71.3mDKK 35.1m
CashDKK 7.9mDKK 37.2m–
Short-term debtDKK 20.4mDKK 16.9m–
Avg. employees5650–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020159
1 Jan 2019 – 31 Dec 2019244 Late
18 May 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
CEOOle Herstal
BoardJakob EkkelundCurrent
BoardJacob Arup Bratting PedersenCurrent
BoardMads Aarup PedersenCurrent
BoardGlenn Olof SöderholmCurrent
BoardOle Herstal
BoardMads Aarup Pedersen
BoardRichard Breiter
BoardOle Herstal
BoardOle Herstal
BoardTina Volsgaard
BoardHans Henrik Hoffmeyer
BoardRikke Kjær Nielsen
BoardOle Herstal
BoardJakob Ekkelund
BoardGlenn Olof Söderholm
BoardMathias Christian Voigt Kaasgaard
BoardTorsten Hagen Jørgensen
Owner (5%)HERUST HOLDING ApSCurrent
Owner (5%)Siriva ApSCurrent
Owner (10%)Danmarks Eksport- og InvesteringsfondCurrent
Owner (33%)SmartFinance Holding ApSCurrent
Owner (5%)Harmar ABCurrent
Owner (100%)Mads Aarup Pedersen
Owner (20%)Ole Herstal
Owner (50%)Mads Aarup Pedersen
Owner (5%)Ole Herstal
Owner (5%)HERUST HOLDING ApS
Owner (5%)PreSeed Ventures A/S
Owner (5%)Rune Heinrichson
Owner (5%)Rikke Kjær Nielsen
Owner (5%)The Riks ApS
Owner (67%)Mads Aarup Pedersen
Owner (10%)HERUST HOLDING ApS
Owner (50%)SmartFinance Holding ApS
Owner (50%)Mads Aarup Pedersen
Owner (5%)Danmarks Eksport- og Investeringsfond
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorROBÆK Statsautoriseret Revisionsaktieselskab
FounderMads Aarup PedersenCurrent
FounderOle HerstalCurrent
FounderSemper Ardens ApSCurrent

The CEOs' other companies

Ole Herstal – 11 other companies

Address history (4 moves)

Øster Allé 56, 2., 2100 København Ø
Øster Allé 56, 4. th, 2100 København Ø
Ragnagade 7, st., 2100 København Ø
Langelinie Allé 47, 2100 København Ø
c/o Mads Aarup Pedersen, Mosehøjvej 6C, 2920 Charlottenlund

Employees per year

Number of employees at Monthio ApS per year112018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about Monthio ApS

Has Monthio ApS gone bankrupt?

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

What is the bankruptcy risk of Monthio 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 auditor of Monthio ApS?

Monthio ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Monthio ApS founded?

Monthio ApS was founded on 18 May 2018.

What is the equity of Monthio ApS?

Equity was DKK 52.4m 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.