Circles & Squares ApS
CVR 39805685 · Private limited company (ApS) · Active · Low risk
Circles & Squares ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 3.8m and a net result of DKK -3.1m.
Bankruptcy risk for Circles & Squares ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 39805685
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (8 years)
- Address
- Normansvej 1
8920 Randers NV - Municipality
- Randers
- Industry
- Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 100k
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 7 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 40.4% |
| Current ratio | 72% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 5 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 57 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -29k | DKK -43k |
| Net profit | DKK -3.1m | DKK -4.8m |
| Equity | DKK 3.8m | DKK -13.1m |
| Total assets | DKK 9.3m | DKK 5.7m |
| Cash | DKK 73k | – |
| Short-term debt | DKK 5.5m | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 171 | ||
| 1 Jul 2023 – 30 Jun 2024 | 172 | ||
| 1 Jul 2022 – 30 Jun 2023 | 144 | ||
| 1 Jul 2021 – 30 Jun 2022 | 153 | ||
| 1 Jul 2020 – 30 Jun 2021 | 160 | ||
| 1 Jul 2019 – 30 Jun 2020 | 133 | ||
| 23 Aug 2018 – 30 Jun 2019 | 152 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Allan Strand | ||
| CEO | Brian Madsen | ||
| CEO | Anders Fisker | ||
| Owner (100%) | Lectus Group ApS | Current | |
| Owner (20%) | Strand ApS | ||
| Owner (10%) | Kjær Madsen Holding ApS | ||
| Owner (20%) | ANF INVESTMENT & CONSULTANCY ApS | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Founder | Lectus Group ApS | Current | |
| Founder | Strand ApS | Current |
The CEOs' other companies
Allan Strand – 8 other companies
- ALLAN STRAND HOLDING ApS Opløst
- C&S Public Equity ApS Opløst
- CITYFORM BRABRAND ApS Compulsorily dissolved
- LunaStone ApS Active
- LunaStone Holding ApS Active
- PSAL GEAR ApS Active
- ScreenBuddy ApS Opløst
- Strand ApS Active
Brian Madsen – 10 other companies, of which 2 bankrupt
- Elontech ApS Bankrupt 9 Jan 2023
- Noatronic ApS Bankrupt 21 Feb 2023
- BRICKSITE ApS Active
- C&S Public Equity ApS Opløst
- Kjær Madsen Holding ApS Opløst
- Lectus Ejendomme A/S Active
- NordicScreen ApS Active
- PSAL GEAR ApS Active
- ScreenBuddy ApS Opløst
- Unite Connect ApS Fusioneret
Anders Fisker – 13 other companies, of which 3 bankrupt
- MUSIC Tribe Brands DK1 A/S Bankrupt 30 Jun 2026
- Music Tribe Innovation DK A/S Bankrupt 22 Oct 2026
- TOLDBODGADE 88 A/S Bankrupt 11 Apr 2014
- ANF INVESTMENT & CONSULTANCY ApS Active
- BRICKSITE ApS Active
- C&S Public Equity ApS Opløst
- CFMOTO Storehouse A/S Active
- DAN MARK SKOV A/S Active
- EJNER HESSEL CARRANTY A/S Active
- MUSIC Group Commercial DK A/S Fusioneret
- NordicScreen ApS Active
- OVERGAARD AVLSGAARD A/S Active
- OVERGAARD GODS A/S Active
Address history (0 moves)
| Normansvej 1, 8920 Randers NV |
Other companies at the same address
- DIXITEL A/S Bankrupt
- ELRO ERHVERV A/S Bankrupt
- Medie Annoncer ApS Bankrupt
- SELSKABET AF 1/11 2008 A/S Bankrupt
- SELSKABET AF 1/5 2008 A/S Bankrupt
- AEA Invest IVS Opløst
- ALSIKEVEJ 29-31 ApS Active
- AXACON A/S Active
- Aspcom ApS Active
- Aspcom Holding ApS Active
- Axacon Holding ApS Active
- BRICKSITE ApS Active
- C&S Public Equity ApS Opløst
- Depenbrock Scandinavia ApS Active
- EJENDOMSSELSKABET HOLSTEBROVEJ 6, VIBORG ApS Active
- ELRO ADMINISTRATION ApS Fusioneret
- ELRO ENERGI A/S Fusioneret
- ELRO FORSYNINGSPLIGT A/S Fusioneret
- ELRO HANDEL A/S Fusioneret
- ELRO NET A/S Fusioneret
- Ejendomsselskabet Neptunvej 18 Randers ApS Active
- Ejendomsselskabet Vestertorv 2, st., Randers ApS Active
- FABRIKA A/S Active
- FABRIKA HOLDING ApS Fusioneret
- GX ADVISOR ApS Active
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Questions and answers about Circles & Squares ApS
Has Circles & Squares ApS gone bankrupt?
No, Circles & Squares ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Circles & Squares ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the auditor of Circles & Squares ApS?
Circles & Squares ApS most recently used Beierholm Godkendt Revisionspartnerselskab.
When was Circles & Squares ApS founded?
Circles & Squares ApS was founded on 23 August 2018.
What is the equity of Circles & Squares ApS?
Equity was DKK 3.8m according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.