Exercere ApS

CVR 40525084 · Private limited company (ApS) · Active · Low risk

Exercere ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry fremstilling af andre beklædningsartikler samt tilbehør i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 (31 Dec 2025) shows equity of DKK 9.1m and a net result of DKK 4.7m. CEO: Laura Palm, Emilie Terp Friis Kruse.

Bankruptcy risk for Exercere ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×

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
40525084
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Exercere, Århusgade 88, 1.
2100 København Ø
Municipality
København
Industry
Fremstilling af andre beklædningsartikler samt tilbehør i.a.n. (142900)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning
Share capital
DKK 47k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio28.2%
Current ratio144%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address115
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15.7mDKK 10.2m
Net profitDKK 4.7mDKK 4.5m
EquityDKK 9.1mDKK 5.4m
Total assetsDKK 32.3mDKK 21.3m
CashDKK 553k–
Short-term debtDKK 20.0m–
Tax owedDKK 1.4m–
Avg. employees13–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025111
1 Jan 2024 – 31 Dec 2024112
1 Jan 2023 – 31 Dec 2023171
1 Jan 2022 – 31 Dec 2022119
1 Jan 2021 – 31 Dec 2021142
1 Jan 2020 – 31 Dec 202050
6 May 2019 – 31 Dec 2019243 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
CEOLaura PalmCurrent
CEOEmilie Terp Friis KruseCurrent
BoardEmilie Terp Friis Kruse
Owner (15%)ASUSU ApSCurrent
Owner (33%)Alsgarde Holding ApSCurrent
Owner (33%)Palm Group Holding ApSCurrent
Owner (100%)Laura Palm
Owner (33%)Laura Palm
Owner (33%)Emilie Terp Friis Kruse
Owner (10%)SOH CONSULT ApS
Owner (15%)SOH CONSULT ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderLaura PalmCurrent

The CEOs' other companies

Laura Palm – 6 other companies, of which 3 bankrupt

Emilie Terp Friis Kruse – 4 other companies

Address history (2 moves)

c/o Exercere, Århusgade 88, 1., 2100 København Ø
c/o Exercere, Oslo Plads 14D, 2100 København Ø
Strandvejen 16E, 2100 København Ø

Former names

Exercere ApS – now
Fillows Copenhagen ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Exercere ApS

Has Exercere ApS gone bankrupt?

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

What is the bankruptcy risk of Exercere ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Exercere ApS?

Laura Palm, Emilie Terp Friis Kruse are the CEOs of Exercere ApS.

Who is the auditor of Exercere ApS?

Exercere ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Exercere ApS founded?

Exercere ApS was founded on 6 May 2019.

What is the equity of Exercere ApS?

Equity was DKK 9.1m 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.