AREA ApS

CVR 40628886 · Private limited company (ApS) · Active · Low risk

AREA ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med boligtekstiler, belysnings- og husholdningsartikler i.a.n.. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 6,749 and a net result of DKK -33k. CEO: Daniele Tortoli.

Bankruptcy risk for AREA ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · 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
40628886
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Store Kongensgade 40H
1264 København K
Municipality
København
Industry
Detailhandel med boligtekstiler, belysnings- og husholdningsartikler i.a.n. (475590)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Vibs Revision
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio0.6%
Current ratio94%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address130
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 317kDKK 285k
Net profitDKK -33kDKK -104k
EquityDKK 6,749DKK -53k
Total assetsDKK 1.0mDKK 1.0m
CashDKK 15k–
Short-term debtDKK 1.0m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Vibs Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202565
1 Jul 2023 – 30 Jun 2024166
1 Jul 2022 – 30 Jun 2023140
1 Jul 2021 – 30 Jun 2022144
1 Jul 2020 – 30 Jun 2021145
28 Jun 2019 – 30 Jun 2020161

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
CEODaniele TortoliCurrent
Owner (100%)Daniele TortoliCurrent
FounderDaniele TortoliCurrent

Address history (1 moves)

Store Kongensgade 40H, 1264 København K
Store Kongensgade 73, 1264 København K

Other companies at the same address

Similar companies in København

Questions and answers about AREA ApS

Has AREA ApS gone bankrupt?

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

What is the bankruptcy risk of AREA 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 AREA ApS?

Daniele Tortoli is the CEO of AREA ApS.

Who is the auditor of AREA ApS?

AREA ApS most recently used Vibs Revision.

When was AREA ApS founded?

AREA ApS was founded on 28 June 2019.

What is the equity of AREA ApS?

Equity was DKK 6,749 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.