Bug-Innovation ApS

CVR 39817322 · Private limited company (ApS) · Active · Medium risk

Bug-Innovation ApS is a Private limited company (ApS), founded on , based in Skævinge. The company is registered in the industry fremstilling af landbrugs- og skovbrugsmaskiner. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 7 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 48k and a net result of DKK -1,188.

Bankruptcy risk for Bug-Innovation ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
39817322
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Ny Harløsevej 27
3320 Skævinge
Municipality
Hillerød
Industry
Fremstilling af landbrugs- og skovbrugsmaskiner (283000)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio42.3%
Current ratio173%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,188DKK 454k
Net profitDKK -1,188DKK 105k
EquityDKK 48kDKK 49k
Total assetsDKK 114kDKK 115k
CashDKK 4,144–
Short-term debtDKK 66k–
Tax owedDKK 61k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025198 Late
1 May 2023 – 30 Apr 2024191 Late
1 May 2022 – 30 Apr 2023197 Late
1 May 2021 – 30 Apr 2022188 Late
1 May 2020 – 30 Apr 2021127
1 May 2019 – 30 Apr 2020179
28 Aug 2018 – 30 Apr 2019147

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
BoardJohs Peter SterlieCurrent
Owner (100%)PRO-PLAN ApSCurrent
FounderPRO-PLAN ApSCurrent

Address history (2 moves)

Ny Harløsevej 27, 3320 Skævinge
Pilehøj Vænge 8B, 3460 Birkerød
Klintedalen 38, 3520 Farum

Former names

Bug-Innovation ApS – now
Bug-Innovation IVS –

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Bug-Innovation ApS

Has Bug-Innovation ApS gone bankrupt?

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

What is the bankruptcy risk of Bug-Innovation ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

When was Bug-Innovation ApS founded?

Bug-Innovation ApS was founded on 28 August 2018.

What is the equity of Bug-Innovation ApS?

Equity was DKK 48k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.