Play Institute ApS

CVR 40006176 · Private limited company (ApS) · Active · Low risk

Play Institute ApS is a Private limited company (ApS), founded on , based in Billund. 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, 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 3.9m and a net result of DKK 1.1m. CEO: Cephas Edgar Howard.

Bankruptcy risk for Play Institute ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
40006176
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Cephas E. Howard, Mølleparken 340
7190 Billund
Municipality
Billund
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Auditor
Leif Mikkelsen & Partnere A/S
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio88.2%
Current ratio846%
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 year20252024
Gross profitDKK 2.7mDKK 2.3m
Net profitDKK 1.1mDKK 1.1m
EquityDKK 3.9mDKK 2.9m
Total assetsDKK 4.4mDKK 3.3m
CashDKK 2.5m–
Short-term debtDKK 516k–
Tax owedDKK 2,988–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Leif Mikkelsen & Partnere A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020167
7 Nov 2018 – 31 Dec 2019244 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
CEOCephas Edgar HowardCurrent
Owner (100%)Cephas Edgar HowardCurrent
FounderCephas Edgar HowardCurrent

Address history (1 moves)

c/o Cephas E. Howard, Mølleparken 340, 7190 Billund
c/o Cephas E. Howard, Mølleparken 340, 7190 Billund

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Questions and answers about Play Institute ApS

Has Play Institute ApS gone bankrupt?

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

What is the bankruptcy risk of Play Institute 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.

Who is the CEO of Play Institute ApS?

Cephas Edgar Howard is the CEO of Play Institute ApS.

Who is the auditor of Play Institute ApS?

Play Institute ApS most recently used Leif Mikkelsen & Partnere A/S.

When was Play Institute ApS founded?

Play Institute ApS was founded on 7 November 2018.

What is the equity of Play Institute ApS?

Equity was DKK 3.9m 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.