Fit Cuffs ApS

CVR 40616586 · Private limited company (ApS) · Active · Low risk

Fit Cuffs ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry fremstilling af sportsudstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.7m and a net result of DKK 440k. CEO: Alex Nielsen.

Bankruptcy risk for Fit Cuffs ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
40616586
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Højgaardsvej 9
8300 Odder
Municipality
Odder
Industry
Fremstilling af sportsudstyr (323000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio93.1%
Current ratio1,457%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 1.3mDKK 1.3m–
Gross profitDKK 727kDKK 784kDKK 162k
Net profitDKK 440kDKK 528kDKK 175k
EquityDKK 1.7mDKK 1.3mDKK 752k
Total assetsDKK 1.8mDKK 1.4mDKK 788k
CashDKK 515kDKK 358k–
Short-term debtDKK 126kDKK 150k–
Tax owedDKK 64kDKK 129k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 2023229 Late
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021177
1 Jan 2020 – 31 Dec 2020180
27 Jun 2019 – 31 Dec 2019255 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
CEOAlex NielsenCurrent
Owner (50%)Alex NielsenCurrent
Owner (50%)Lars PårupCurrent
Owner (50%)Lars Pårup
FounderAlex NielsenCurrent
FounderLars PårupCurrent

The CEOs' other companies

Alex Nielsen – 2 other companies

Address history (1 moves)

Højgaardsvej 9, 8300 Odder
Højgaardsvej 9, 8300 Odder

Other companies at the same address

Similar companies in Odder

Questions and answers about Fit Cuffs ApS

Has Fit Cuffs ApS gone bankrupt?

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

What is the bankruptcy risk of Fit Cuffs ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Fit Cuffs ApS?

Alex Nielsen is the CEO of Fit Cuffs ApS.

When was Fit Cuffs ApS founded?

Fit Cuffs ApS was founded on 27 June 2019.

What is the equity of Fit Cuffs ApS?

Equity was DKK 1.7m 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.