The Element ApS

CVR 40325034 · Private limited company (ApS) · Active · High risk

The Element ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry andre specialiserede byggeaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 7 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -28.0m and a net result of DKK -11.1m. CEO: Peter Hinnerup.

Bankruptcy risk for The Element ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · 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
40325034
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Peter Hinnerup, Akeq 25
3905 Nuussuaq
Municipality
Sermersooq
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 60k
Auditor
APEX Statsautoriserede revisorer ApS
Audit opted out
No

Warning signs

Annual reports filed late5 of 7
Missing annual reportNo
Negative equityYes
Equity ratio-104.4%
Current ratio72%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 8.8mDKK 7.4mDKK 3.4m
Net profitDKK -11.1mDKK -9.5mDKK -16.1m
EquityDKK -28.0mDKK -16.9mDKK -7.3m
Total assetsDKK 26.9mDKK 28.1mDKK 51.4m
CashDKK 252kDKK 5,095–
Short-term debtDKK 24.1mDKK 18.4m–
Avg. employees023–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · APEXStatsautoriserede revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025217 Late
1 Jan 2024 – 31 Dec 2024227 Late
1 Jan 2023 – 31 Dec 2023226 Late
1 Jan 2022 – 31 Dec 202258
1 Jan 2021 – 31 Dec 2021228 Late
1 Jan 2020 – 31 Dec 2020102
2 Mar 2019 – 31 Dec 2019229 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
CEOPeter HinnerupCurrent
BoardMaren Sander GranlienCurrent
BoardHanne NyborgCurrent
BoardAnne-Line Kronborg DanielsenCurrent
Owner (33%)Maren Sander GranlienCurrent
Owner (33%)Hanne NyborgCurrent
Owner (33%)Peter HinnerupCurrent
AuditorAPEX Statsautoriserede revisorer ApSCurrent
FounderMaren Sander GranlienCurrent
FounderHanne NyborgCurrent
FounderPeter HinnerupCurrent

The CEOs' other companies

Peter Hinnerup – 3 other companies

Address history (0 moves)

c/o Peter Hinnerup, Akeq 25, 3905 Nuussuaq

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about The Element ApS

Has The Element ApS gone bankrupt?

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

What is the bankruptcy risk of The Element ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of The Element ApS?

Peter Hinnerup is the CEO of The Element ApS.

Who is the auditor of The Element ApS?

The Element ApS most recently used APEX Statsautoriserede revisorer ApS.

When was The Element ApS founded?

The Element ApS was founded on 2 March 2019.

What is the equity of The Element ApS?

Equity was DKK -28.0m 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.