Green Circle IT ApS

CVR 40695060 · Private limited company (ApS) · Active · Medium risk

Green Circle IT ApS is a Private limited company (ApS), founded on , based in Svenstrup J. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 6 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 317k and a net result of DKK -6,432. CEO: Selina Marie Kavanagh, Damien Edward Haarhoff.

Bankruptcy risk for Green Circle IT ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
40695060
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Atletikvej 11C
9230 Svenstrup J
Municipality
Aalborg
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityNo
Equity ratio95.2%
Current ratio2,077%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -16kDKK -262k
Net profitDKK -6,432DKK -294k
EquityDKK 317kDKK -1.1m
Total assetsDKK 333kDKK 1.2m
CashDKK 0–
Short-term debtDKK 16k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021188 Late
1 Aug 2019 – 31 Dec 2020188 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
CEOSelina Marie KavanaghCurrent
CEODamien Edward HaarhoffCurrent
CEOSøren Kirkegaard Sørensen
Owner (100%)Tomax Technology LimitedCurrent
FounderTomax Technology LimitedCurrent

The CEOs' other companies

Søren Kirkegaard Sørensen – 29 other companies, of which 23 bankrupt

Address history (3 moves)

Atletikvej 11C, 9230 Svenstrup J
Atletikvej 11C, 9230 Svenstrup J
Lundbyesgade 18, 9000 Aalborg
Boulevarden 11, 2. th, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Green Circle IT ApS

Has Green Circle IT ApS gone bankrupt?

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

What is the bankruptcy risk of Green Circle IT ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Green Circle IT ApS?

Selina Marie Kavanagh, Damien Edward Haarhoff are the CEOs of Green Circle IT ApS.

Who is the auditor of Green Circle IT ApS?

Green Circle IT ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was Green Circle IT ApS founded?

Green Circle IT ApS was founded on 1 August 2019.

What is the equity of Green Circle IT ApS?

Equity was DKK 317k 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.