Sourcebynet ApS

CVR 39778599 · Private limited company (ApS) · Active · Low risk

Sourcebynet ApS is a Private limited company (ApS), founded on , based in Aabenraa. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 384k. CEO: Jim Kas.

Bankruptcy risk for Sourcebynet 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

CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
39778599
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Rugkobbel 260A
6200 Aabenraa
Municipality
Aabenraa
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Auditor
Forvis Mazars
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio52.5%
Current ratio129%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address25
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 8.6mDKK 6.4mDKK 5.2m
Net profitDKK 384kDKK 269kDKK 222k
EquityDKK 1.2mDKK 810kDKK 541k
Total assetsDKK 2.3mDKK 2.2mDKK 2.6m
CashDKK 412kDKK 358k–
Short-term debtDKK 1.1mDKK 1.4m–
Tax owedDKK 89kDKK 75k–
Avg. employees75–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Forvis Mazars.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021214 Late
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 201986
2 Aug 2018 – 31 Dec 2018143

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
CEOJim KasCurrent
CEOMartin Craig Aitchison
CEODavis Morris Starling
CEONgee Eng Wong
CEODavid Andrew Greer
Owner (100%)Sourcebynet Pte Ltd.Current
AuditorForvis Mazars Statsautoriseret Revisionspartnerselskab
FounderSourcebynet Pte Ltd.Current

Address history (0 moves)

Rugkobbel 260A, 6200 Aabenraa

Other companies at the same address

Similar companies in Aabenraa

Questions and answers about Sourcebynet ApS

Has Sourcebynet ApS gone bankrupt?

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

What is the bankruptcy risk of Sourcebynet 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 Sourcebynet ApS?

Jim Kas is the CEO of Sourcebynet ApS.

Who is the auditor of Sourcebynet ApS?

Sourcebynet ApS most recently used Forvis Mazars.

When was Sourcebynet ApS founded?

Sourcebynet ApS was founded on 2 August 2018.

What is the equity of Sourcebynet ApS?

Equity was DKK 1.2m 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.