Fortinet Denmark ApS

CVR 40875344 · Private limited company (ApS) · Active · Low risk

Fortinet Denmark ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry andre it- og computerserviceaktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 6 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 18.8m and a net result of DKK 4.5m. CEO: Lindsey Marie Cayanan, Declan Michael Fitzpatrick, Margrit Christiane Ohlgart.

Bankruptcy risk for Fortinet Denmark ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×

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
40875344
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Lyngbyvej 20
2100 København Ø
Municipality
København
Industry
Andre IT- og computerserviceaktiviteter (629000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Ecovis Danmark statsautoriseret revisionsinteressentskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio44.6%
Current ratio179%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address184
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 96.4mDKK 74.0mDKK 78.4m
Net profitDKK 4.5mDKK 3.6mDKK 3.8m
EquityDKK 18.8mDKK 14.2mDKK 10.6m
Total assetsDKK 42.1mDKK 25.8mDKK 27.1m
CashDKK 15.7mDKK 13.0m–
Short-term debtDKK 23.3mDKK 11.5m–
Tax owedDKK 211kDKK 0–
Avg. employees4846–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Ecovis Danmark statsautoriseret revisionsinteressentskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024148
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022199 Late
1 Jan 2021 – 31 Dec 2021152
17 Oct 2019 – 31 Dec 2020146

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
CEOLindsey Marie CayananCurrent
CEODeclan Michael FitzpatrickCurrent
CEOMargrit Christiane OhlgartCurrent
CEOSusan Kaas
CEOKeith Franklin Jensen
CEOJohn Lunsford Gregory Whittle
CEOBrian Alan Pollard
Owner (100%)Fortinet B.VCurrent
AuditorEcovis Danmark statsautoriseret revisionsinteressentskabCurrent
FounderFortinet B.VCurrent

Address history (1 moves)

Lyngbyvej 20, 2100 København Ø
Tuborg Boulevard 12, 2900 Hellerup

Other companies at the same address

Similar companies in København

Questions and answers about Fortinet Denmark ApS

Has Fortinet Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Fortinet Denmark ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Fortinet Denmark ApS?

Lindsey Marie Cayanan, Declan Michael Fitzpatrick, Margrit Christiane Ohlgart are the CEOs of Fortinet Denmark ApS.

Who is the auditor of Fortinet Denmark ApS?

Fortinet Denmark ApS most recently used Ecovis Danmark statsautoriseret revisionsinteressentskab.

When was Fortinet Denmark ApS founded?

Fortinet Denmark ApS was founded on 17 October 2019.

What is the equity of Fortinet Denmark ApS?

Equity was DKK 18.8m 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.