Three Academy ApS

CVR 40315624 · Private limited company (ApS) · Active · Very high risk

Three Academy ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry anden undervisning i.a.n.. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 3,022 and a net result of DKK 0. CEO: Simon Paag.

Bankruptcy risk for Three Academy ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
40315624
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Bryggernes Plads 17, 4.
1799 København V
Municipality
København
Industry
Anden undervisning i.a.n. (855900)
Bankruptcies in the industry: Anden undervisning i.a.n.
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityNo
Equity ratio24.5%
Current ratio133%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK 0DKK 0
EquityDKK 3,022DKK 3,022
Total assetsDKK 12kDKK 12k
CashDKK 9,678–
Short-term debtDKK 9,304–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025200 Late
1 Jul 2023 – 30 Jun 2024207 Late
1 Jul 2022 – 30 Jun 2023203 Late
1 Jul 2021 – 30 Jun 2022109
1 Jul 2020 – 30 Jun 2021156
28 Feb 2019 – 30 Jun 2020132

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
CEOSimon PaagCurrent
CEOFrans Lykke Østergård
Owner (100%)PAAG HOLDINGS ApSCurrent
Owner (50%)PAAG HOLDINGS ApS
Owner (50%)Frans Lykke Holding ApS
FounderPAAG HOLDINGS ApSCurrent
FounderFrans Lykke Holding ApSCurrent

The CEOs' other companies

Simon Paag – 11 other companies, of which 3 bankrupt

Frans Lykke Østergård – 2 other companies

Address history (1 moves)

Bryggernes Plads 17, 4., 1799 København V
Bryggernes Plads 17, 4., 1799 København V

Other companies at the same address

Similar companies in København

Questions and answers about Three Academy ApS

Has Three Academy ApS gone bankrupt?

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

What is the bankruptcy risk of Three Academy ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Three Academy ApS?

Simon Paag is the CEO of Three Academy ApS.

When was Three Academy ApS founded?

Three Academy ApS was founded on 28 February 2019.

What is the equity of Three Academy ApS?

Equity was DKK 3,022 according to the annual report for the period ending 30 June 2025.

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