Korup IT ApS

CVR 39977818 · Private limited company (ApS) · Active · Low risk

Korup IT ApS is a Private limited company (ApS), founded on , based in Odense V. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 346k and a net result of DKK 83k.

Bankruptcy risk for Korup IT ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Registered owners0 · bankruptcy rate 51.4%5.8×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%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×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
39977818
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Michael Mortensen, Anemonevænget 4
5200 Odense V
Municipality
Odense
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio71.0%
Current ratio345%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 1.4mDKK 1.2mDKK 1.1m
Gross profitDKK 972kDKK 896kDKK 950k
Net profitDKK 83kDKK 59kDKK 38k
EquityDKK 346kDKK 269kDKK 210k
Total assetsDKK 487kDKK 448kDKK 358k
CashDKK 376kDKK 342k–
Short-term debtDKK 141kDKK 179k–
Tax owedDKK 24kDKK 17k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202571
1 Jan 2024 – 31 Dec 202464
1 Jan 2023 – 31 Dec 202372
1 Jan 2022 – 31 Dec 202265
1 Jan 2021 – 31 Dec 202173
1 Jan 2020 – 31 Dec 202063
29 Oct 2018 – 31 Dec 2019164

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
FounderMichael MortensenCurrent

Address history (0 moves)

c/o Michael Mortensen, Anemonevænget 4, 5200 Odense V

Former names

Korup IT ApS – now
Korup IT IVS –

Employees per year

Number of employees at Korup IT ApS per year112018: 12018

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Questions and answers about Korup IT ApS

Has Korup IT ApS gone bankrupt?

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

What is the bankruptcy risk of Korup IT ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

When was Korup IT ApS founded?

Korup IT ApS was founded on 29 October 2018.

What is the equity of Korup IT ApS?

Equity was DKK 346k 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.