Q-Free Denmark ApS

CVR 39960869 · Private limited company (ApS) · Active · Low risk

Q-Free Denmark ApS is a Private limited company (ApS), founded on , based in Korsør. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 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 -4.3m and a net result of DKK 80k. CEO: Adrian Staven Mittet.

Bankruptcy risk for Q-Free Denmark ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
39960869
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Servicevej 6
4220 Korsør
Municipality
Slagelse
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 51k
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-96.9%
Current ratio118%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 880kDKK 756k
Net profitDKK 80kDKK -116k
EquityDKK -4.3mDKK -4.4m
Total assetsDKK 4.5mDKK 3.4m
CashDKK 986k–
Short-term debtDKK 3.8m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · inforevision statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020189 Late
16 Oct 2018 – 31 Dec 2019251 Late

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
CEOAdrian Staven MittetCurrent
CEOVillads Søndergaard-Christensen
CEOTrond Christensen
BoardTor Erik Reksen NergårdCurrent
BoardAdrian Staven MittetCurrent
BoardVegard ThomassenCurrent
BoardTor Eirik Knutsen
BoardPer Fredrik Nordh
BoardArne Kristian Hoset
BoardTrond Christensen
BoardPer Fredrik Nordh
Owner (100%)Q-Free ASACurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderQ-Free ASACurrent

The CEOs' other companies

Villads Søndergaard-Christensen – 1 other companies

Address history (1 moves)

Servicevej 6, 4220 Korsør
Servicevej 6, 4220 Korsør

Other companies at the same address

Similar companies in Slagelse

Questions and answers about Q-Free Denmark ApS

Has Q-Free Denmark ApS gone bankrupt?

No, Q-Free Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Q-Free Denmark ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Q-Free Denmark ApS?

Adrian Staven Mittet is the CEO of Q-Free Denmark ApS.

Who is the auditor of Q-Free Denmark ApS?

Q-Free Denmark ApS most recently used inforevision statsautoriseret revisionsaktieselskab.

When was Q-Free Denmark ApS founded?

Q-Free Denmark ApS was founded on 16 October 2018.

What is the equity of Q-Free Denmark ApS?

Equity was DKK -4.3m 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.