Democratic Eyewear Odense ApS

CVR 41075805 · Private limited company (ApS) · Active · Low risk

Democratic Eyewear Odense ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry optikeraktiviteter. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -136k and a net result of DKK 110k. CEO: Annette Engelbreth Holst.

Bankruptcy risk for Democratic Eyewear Odense ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
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
41075805
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Annette, Klaregade 7, st. 2
5000 Odense C
Municipality
Odense
Industry
Optikeraktiviteter (477410)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 300k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-17.6%
Current ratio73%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 1.0m
Net profitDKK 110kDKK -96k
EquityDKK -136kDKK -246k
Total assetsDKK 773kDKK 916k
CashDKK 5,298–
Short-term debtDKK 908k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 2021178
11 Jan 2020 – 31 Dec 2020180

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
CEOAnnette Engelbreth HolstCurrent
BoardAnnette Engelbreth HolstCurrent
BoardHenrik NielsenCurrent
BoardDorthe Thuesen SkjoldagerCurrent
Owner (33%)Annette Engelbreth HolstCurrent
Owner (33%)Dorthe Thuesen SkjoldagerCurrent
Owner (33%)HN HOLDING ODENSE ApSCurrent
Owner (33%)Annette Engelbreth Holst
Owner (33%)Dorthe Thuesen Skjoldager
Owner (33%)HN HOLDING ODENSE ApS
FounderAnnette Engelbreth HolstCurrent
FounderDorthe Thuesen SkjoldagerCurrent
FounderHN HOLDING ODENSE ApSCurrent

Address history (2 moves)

c/o Annette, Klaregade 7, st. 2, 5000 Odense C
Klaregade 7, st. 2, 5000 Odense C
Mogensensvej 12, 5000 Odense C

Other companies at the same address

Similar companies in Odense

Questions and answers about Democratic Eyewear Odense ApS

Has Democratic Eyewear Odense ApS gone bankrupt?

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

What is the bankruptcy risk of Democratic Eyewear Odense ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of Democratic Eyewear Odense ApS?

Annette Engelbreth Holst is the CEO of Democratic Eyewear Odense ApS.

Who is the auditor of Democratic Eyewear Odense ApS?

Democratic Eyewear Odense ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Democratic Eyewear Odense ApS founded?

Democratic Eyewear Odense ApS was founded on 11 January 2020.

What is the equity of Democratic Eyewear Odense ApS?

Equity was DKK -136k 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.