Advanced Entertainment ApS

CVR 40266658 · Private limited company (ApS) · Active · Low risk

Advanced Entertainment ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Aug 2025) shows equity of DKK 127k and a net result of DKK 5,949. CEO: Sebastian Budde Ellermann.

Bankruptcy risk for Advanced Entertainment ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Municipality changes3+ · 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×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
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
40266658
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Sebastian Budde, Studentervænget 25
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio30.7%
Current ratio144%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 24kDKK -79k
Net profitDKK 5,949DKK -90k
EquityDKK 127kDKK 121k
Total assetsDKK 414kDKK 614k
CashDKK 1,847–
Short-term debtDKK 287k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 2025135
1 Sep 2023 – 31 Aug 2024128
1 Sep 2022 – 31 Aug 2023173
1 Sep 2021 – 31 Aug 2022142
1 Sep 2020 – 31 Aug 202171
1 Sep 2019 – 31 Aug 202045
18 Feb 2019 – 31 Aug 201986

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
CEOSebastian Budde EllermannCurrent
CEOVictor Heide-Jørgensen
Owner (100%)SBC Ventures ApSCurrent
Owner (25%)H-J Invest IVS
Owner (67%)SBC Ventures ApS
FounderH-J Invest IVSCurrent
FounderSBC Ventures ApSCurrent

The CEOs' other companies

Sebastian Budde Ellermann – 2 other companies

Victor Heide-Jørgensen – 2 other companies

Address history (4 moves)

c/o Sebastian Budde, Studentervænget 25, 8700 Horsens
c/o Sebastian Budde, Grønløkkevej 22, 2. 4, 5000 Odense C
c/o Sebastian Budde, Åstrupparken 32, 8500 Grenaa
c/o Sebastian Budde, Brassøvej 4, 2. mf, 8240 Risskov
Skæringvej 88, 8520 Lystrup

Former names

Advanced Entertainment ApS – now
Advanced Entertainment IVS –

Other companies at the same address

Similar companies in Horsens

Questions and answers about Advanced Entertainment ApS

Has Advanced Entertainment ApS gone bankrupt?

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

What is the bankruptcy risk of Advanced Entertainment ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Advanced Entertainment ApS?

Sebastian Budde Ellermann is the CEO of Advanced Entertainment ApS.

Who is the auditor of Advanced Entertainment ApS?

Advanced Entertainment ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Advanced Entertainment ApS founded?

Advanced Entertainment ApS was founded on 18 February 2019.

What is the equity of Advanced Entertainment ApS?

Equity was DKK 127k according to the annual report for the period ending 31 August 2025.

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