HugPhones ApS

CVR 40917799 · Private limited company (ApS) · Active · Low risk

HugPhones ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 569k and a net result of DKK 101k. CEO: Ole Busborg Jensen.

Bankruptcy risk for HugPhones ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
40917799
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Busborg Nørup, Arendalsvej 186, st. tv
8600 Silkeborg
Municipality
Silkeborg
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio73.4%
Current ratio376%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 101k––
Net profitDKK 101kDKK -50kDKK -1,850
EquityDKK 569kDKK -12kDKK 39k
Total assetsDKK 776kDKK 40kDKK 41k
CashDKK 101kDKK 0–
Short-term debtDKK 207kDKK 52k–

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 2025181
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021200 Late
8 Nov 2019 – 31 Dec 2020151

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
CEOOle Busborg JensenCurrent
Owner (100%)HugPhones Holding ApSCurrent
FounderHugPhones Holding ApSCurrent

The CEOs' other companies

Ole Busborg Jensen – 3 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Busborg Nørup, Arendalsvej 186, st. tv, 8600 Silkeborg
c/o Ole Busborg Jensen, Præstevænget 16, 6500 Vojens
Nybrovej 304, 1. l-14, 2800 Kongens Lyngby

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about HugPhones ApS

Has HugPhones ApS gone bankrupt?

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

What is the bankruptcy risk of HugPhones ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of HugPhones ApS?

Ole Busborg Jensen is the CEO of HugPhones ApS.

When was HugPhones ApS founded?

HugPhones ApS was founded on 8 November 2019.

What is the equity of HugPhones ApS?

Equity was DKK 569k 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.