Better Times ApS

CVR 39645920 · Private limited company (ApS) · Active · Low risk

Better Times ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry computerprogrammering. 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, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK -353k. CEO: Per Søgaard Christensen.

Bankruptcy risk for Better Times ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
39645920
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Per Søgaard, Skovvangsvej 97C, 2. 5
8200 Aarhus N
Municipality
Aarhus
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio99.2%
Current ratio11,863%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -220kDKK -25k
Net profitDKK -353kDKK 103k
EquityDKK 1.7mDKK 2.1m
Total assetsDKK 1.7mDKK 2.1m
CashDKK 1.6m–
Short-term debtDKK 15k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 2024195 Late
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021198 Late
1 Jan 2020 – 31 Dec 2020117
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 2018150

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
CEOPer Søgaard ChristensenCurrent
Owner (100%)Better Times Holding ApSCurrent
Owner (100%)Per Søgaard Christensen
FounderPer Søgaard ChristensenCurrent

The CEOs' other companies

Per Søgaard Christensen – 1 other companies

Address history (2 moves)

c/o Per Søgaard, Skovvangsvej 97C, 2. 5, 8200 Aarhus N
c/o Per Søgaard, Rødbedevej 26, st. th, 8200 Aarhus N
Søren Frichs Vej 38K, 8230 Åbyhøj

Former names

Better Times ApS – now
Søgaard & Co. ApS –

Employees per year

Number of employees at Better Times ApS per year112018: 12018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Better Times ApS

Has Better Times ApS gone bankrupt?

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

What is the bankruptcy risk of Better Times 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 Better Times ApS?

Per Søgaard Christensen is the CEO of Better Times ApS.

When was Better Times ApS founded?

Better Times ApS was founded on 14 June 2018.

What is the equity of Better Times ApS?

Equity was DKK 1.7m 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.