Limbo Corporate ApS

CVR 39978121 · Private limited company (ApS) · Active · Medium risk

Limbo Corporate ApS is a Private limited company (ApS), founded on , based in Vedbæk. The company is registered in the industry andet specialiseret designarbejde. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 -530k and a net result of DKK -642k. CEO: Michael Ritto.

Bankruptcy risk for Limbo Corporate ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
39978121
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Vedbæk Strandvej 452
2950 Vedbæk
Municipality
Rudersdal
Industry
Andet specialiseret designarbejde (741400)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 222k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-154.0%
Current ratio39%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -511kDKK -42kDKK 20k
Net profitDKK -642kDKK -115kDKK -185k
EquityDKK -530kDKK 112kDKK -374k
Total assetsDKK 344kDKK 524kDKK 405k
CashDKK 34kDKK 4,793–
Short-term debtDKK 874kDKK 412k–
Tax owedDKK 88––
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024157
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021200 Late
1 Jan 2020 – 31 Dec 2020182
15 Oct 2018 – 31 Dec 2019294 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
CEOMichael RittoCurrent
CEOSophus Emil Ritto
Owner (33%)Sophus Emil RittoCurrent
Owner (50%)BURRITO A/SCurrent
Owner (100%)Sophus Emil Ritto
AuditorEY Godkendt Revisionspartnerselskab
FounderSophus Emil RittoCurrent

The CEOs' other companies

Michael Ritto – 54 other companies, of which 10 bankrupt

Address history (1 moves)

Vedbæk Strandvej 452, 2950 Vedbæk
Vedbæk Strandvej 452, 2950 Vedbæk

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about Limbo Corporate ApS

Has Limbo Corporate ApS gone bankrupt?

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

What is the bankruptcy risk of Limbo Corporate ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Limbo Corporate ApS?

Michael Ritto is the CEO of Limbo Corporate ApS.

Who is the auditor of Limbo Corporate ApS?

Limbo Corporate ApS most recently used Beierholm.

When was Limbo Corporate ApS founded?

Limbo Corporate ApS was founded on 15 October 2018.

What is the equity of Limbo Corporate ApS?

Equity was DKK -530k 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.