Kulby ApS

CVR 40116486 · Private limited company (ApS) · Active · Low risk

Kulby ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Apr 2026) shows equity of DKK 156k and a net result of DKK -21k. CEO: Mads Frydendal Jeppesen.

Bankruptcy risk for Kulby ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
40116486
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Grant Thornton, Lautrupsgade 11
2100 København Ø
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio55.0%
Current ratio183%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address158
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 104kDKK 117kDKK -196k
Net profitDKK -21kDKK 6,635DKK -160k
EquityDKK 156kDKK 177kDKK 170k
Total assetsDKK 283kDKK 257kDKK 505k
CashDKK 8,642DKK 10k–
Short-term debtDKK 127kDKK 81k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2025 – 30 Apr 2026165
1 May 2024 – 30 Apr 2025183
1 May 2023 – 30 Apr 2024174
1 May 2022 – 30 Apr 2023186 Late
1 May 2021 – 30 Apr 2022149
1 May 2020 – 30 Apr 2021129
20 Dec 2018 – 30 Apr 202025

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
CEOMads Frydendal JeppesenCurrent
Owner (100%)Mads Frydendal JeppesenCurrent
FounderMads Frydendal JeppesenCurrent

The CEOs' other companies

Mads Frydendal Jeppesen – 13 other companies

Address history (1 moves)

c/o Grant Thornton, Lautrupsgade 11, 2100 København Ø
c/o Grant Thornton, Stockholmsgade 45, 2100 København Ø

Former names

Kulby ApS – now
Kulby 2019 ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Kulby ApS

Has Kulby ApS gone bankrupt?

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

What is the bankruptcy risk of Kulby ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Kulby ApS?

Mads Frydendal Jeppesen is the CEO of Kulby ApS.

Who is the auditor of Kulby ApS?

Kulby ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Kulby ApS founded?

Kulby ApS was founded on 20 December 2018.

What is the equity of Kulby ApS?

Equity was DKK 156k according to the annual report for the period ending 30 April 2026.

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