Paracosmic Studios ApS

CVR 40209433 · Private limited company (ApS) · Active · Low risk

Paracosmic Studios ApS is a Private limited company (ApS), founded on , based in Hobro. The company is registered in the industry produktion af film, videoer og tv-programmer. 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 Jun 2026) shows equity of DKK 93k and a net result of DKK -68k. CEO: Michael Euribe Hansen.

Bankruptcy risk for Paracosmic Studios 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

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
40209433
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Michael Euribe Hansen, Tollestrupvej 37
9500 Hobro
Municipality
Mariagerfjord
Industry
Produktion af film, videoer og TV-programmer (591100)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 40k
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio81.9%
Current ratio397%
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 year202620252024
Gross profitDKK -60kDKK 42kDKK 126k
Net profitDKK -68kDKK 33kDKK -63k
EquityDKK 93kDKK 162kDKK 129k
Total assetsDKK 114kDKK 199kDKK 155k
CashDKK 79kDKK 151k–
Short-term debtDKK 21kDKK 37k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202666
1 Jul 2024 – 30 Jun 202558
1 Jul 2023 – 30 Jun 2024150
1 Jul 2022 – 30 Jun 202345
1 Jul 2021 – 30 Jun 2022189 Late
1 Jul 2020 – 30 Jun 202178
28 Jan 2019 – 30 Jun 2020119

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 Euribe HansenCurrent
Owner (33%)Ana Laura Garcia PalkaCurrent
Owner (50%)Michael Euribe HansenCurrent
FounderAna Laura Garcia PalkaCurrent
FounderMichael Euribe HansenCurrent

Address history (2 moves)

c/o Michael Euribe Hansen, Tollestrupvej 37, 9500 Hobro
c/o Michael Euribe Hansen, Kasernevej 8, 8800 Viborg
c/o Michael Euribe Hansen, Tollestrupvej 37, 9500 Hobro

Former names

Paracosmic Studios ApS – now
Paracosmic Studios IvS –

Similar companies in Mariagerfjord

Questions and answers about Paracosmic Studios ApS

Has Paracosmic Studios ApS gone bankrupt?

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

What is the bankruptcy risk of Paracosmic Studios 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 Paracosmic Studios ApS?

Michael Euribe Hansen is the CEO of Paracosmic Studios ApS.

Who is the auditor of Paracosmic Studios ApS?

Paracosmic Studios ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was Paracosmic Studios ApS founded?

Paracosmic Studios ApS was founded on 28 January 2019.

What is the equity of Paracosmic Studios ApS?

Equity was DKK 93k according to the annual report for the period ending 30 June 2026.

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