Democratic Eyewear A/S

CVR 40685847 · Public limited company (A/S) · Active · High risk

Democratic Eyewear A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 6 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 -878k and a net result of DKK -206k. CEO: Thomas Falck.

Bankruptcy risk for Democratic Eyewear A/S

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

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×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40685847
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Østerbrogade 54
2100 København Ø
Municipality
København
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 740k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-13.6%
Current ratio51%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address39
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 1.9mDKK 227k
Net profitDKK -206kDKK -1.7mDKK -1.5m
EquityDKK -878kDKK -672kDKK 989k
Total assetsDKK 6.5mDKK 6.9mDKK 7.8m
CashDKK 38kDKK 89k–
Short-term debtDKK 7.1mDKK 6.6m–
Avg. employees54–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021131
25 Jul 2019 – 31 Dec 2020139

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
CEOThomas FalckCurrent
BoardLone Susanne LorentzenCurrent
BoardThomas FalckCurrent
BoardStig Engelbreth HansenCurrent
BoardKwan Yu KwokCurrent
BoardYee Ling Anita WongCurrent
BoardHenrik Bo Larsen
Owner (15%)Kwan Yu KwokCurrent
Owner (20%)THOMAS FALCK HOLDING ApSCurrent
Owner (20%)Lorentzen & Co Holding ApSCurrent
Owner (20%)Framewerk Holding ApSCurrent
Owner (10%)Yee Ling Anita WongCurrent
Owner (25%)THOMAS FALCK HOLDING ApS
Owner (5%)EYEROOM HOLDING ApS
Owner (25%)Lorentzen & Co Holding ApS
Owner (5%)Astute Vision Limited
Owner (25%)Framewerk Holding ApS
Owner (5%)Kwan Yu Kwok
AuditorCedra Godkendt RevisionsaktieselskabCurrent
FounderTHOMAS FALCK HOLDING ApSCurrent
FounderLorentzen & Co Holding ApSCurrent

The CEOs' other companies

Thomas Falck – 11 other companies, of which 2 bankrupt

Address history (3 moves)

Østerbrogade 54, 2100 København Ø
c/o Thomas Falck, Solsortvej 23, 2000 Frederiksberg
Østerbrogade 54, st. tv, 2100 København Ø
c/o Thomas Falck, Solsortvej 23, 2000 Frederiksberg

Other companies at the same address

Similar companies in København

Questions and answers about Democratic Eyewear A/S

Has Democratic Eyewear A/S gone bankrupt?

No, Democratic Eyewear A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Democratic Eyewear A/S?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Democratic Eyewear A/S?

Thomas Falck is the CEO of Democratic Eyewear A/S.

Who is the auditor of Democratic Eyewear A/S?

Democratic Eyewear A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was Democratic Eyewear A/S founded?

Democratic Eyewear A/S was founded on 25 July 2019.

What is the equity of Democratic Eyewear A/S?

Equity was DKK -878k 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.