Crossing Circles ApS
CVR 39809508 · Private limited company (ApS) · Active · Low risk
Crossing Circles ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -327k and a net result of DKK -117k. CEO: Kåre Krogh Wangel, Mads Højlyng.
Bankruptcy risk for Crossing Circles ApS
0.7 × the average (1.41%) · higher risk than 72% 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
- 39809508
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (8 years)
- Address
- Tinghusgade 43
5700 Svendborg - Municipality
- Svendborg
- Industry
- Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 85k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 7 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -238.4% |
| Current ratio | 30% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 19 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -59k | DKK 116k | DKK 111k |
| Net profit | DKK -117k | DKK -135k | DKK -135k |
| Equity | DKK -327k | DKK -210k | DKK -120k |
| Total assets | DKK 137k | DKK 96k | DKK 58k |
| Cash | DKK 3,659 | DKK 17k | – |
| Short-term debt | DKK 465k | DKK 305k | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 103 | ||
| 1 Jan 2024 – 31 Dec 2024 | 78 | ||
| 1 Jan 2023 – 31 Dec 2023 | 99 | ||
| 1 Jan 2022 – 31 Dec 2022 | 181 | ||
| 1 Jan 2021 – 31 Dec 2021 | 178 | ||
| 1 Jan 2020 – 31 Dec 2020 | 95 | ||
| 15 Aug 2018 – 31 Dec 2019 | 6 |
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 | Kåre Krogh Wangel | Current | |
| CEO | Mads Højlyng | Current | |
| Board | Jacob Bergmann Theilgaard | ||
| Board | Thor Clasen Jonasen | ||
| Board | Kåre Krogh Wangel | ||
| Board | Tobias Mark Jørgensen | ||
| Owner (25%) | Thor Clasen Jonasen | Current | |
| Owner (5%) | Tobias Brask | Current | |
| Owner (33%) | Kåre Krogh Wangel | Current | |
| Owner (100%) | Kåre Krogh Wangel | ||
| Founder | Kåre Krogh Wangel | Current |
Address history (3 moves)
| Tinghusgade 43, 5700 Svendborg | |
| Hesteskoen 34, 5700 Svendborg | |
| c/o Work2Gether, Tinghusgade 43, 5700 Svendborg | |
| Møllergade 34D, 5700 Svendborg |
Former names
| Crossing Circles ApS | – now |
| Crossing Circles IVS | – |
Other companies at the same address
- Anpartsselskabet af 27.06.2019 Bankrupt
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- BRICPRO HOLDING ApS Active
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- The Growth Company ApS Active
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- VERA Drink ApS Active
- VERA Drink Holding ApS Active
- ViNatur ApS Active
- Work2Gether ApS Active
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Questions and answers about Crossing Circles ApS
Has Crossing Circles ApS gone bankrupt?
No, Crossing Circles ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Crossing Circles ApS?
Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.
Who is the CEO of Crossing Circles ApS?
Kåre Krogh Wangel, Mads Højlyng are the CEOs of Crossing Circles ApS.
When was Crossing Circles ApS founded?
Crossing Circles ApS was founded on 15 August 2018.
What is the equity of Crossing Circles ApS?
Equity was DKK -327k 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.