Net2Source Global Workforce Solutions ApS

CVR 41176091 · Private limited company (ApS) · Active · Very high risk

Net2Source Global Workforce Solutions ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -215k and a net result of DKK -115k. CEO: Ashish Garg.

Bankruptcy risk for Net2Source Global Workforce Solutions ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
41176091
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o ECOVIS Danmark, Vendersgade 28, st.
1363 København K
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Ecovis Danmark
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-809.2%
Current ratio11%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address45
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Revenue–DKK 0DKK 0
Gross profitDKK -115kDKK -45kDKK -20k
Net profitDKK -115kDKK -44kDKK -20k
EquityDKK -215kDKK -100kDKK -56k
Total assetsDKK 27kDKK 37kDKK 21k
CashDKK 0DKK 17k–
Short-term debtDKK 242kDKK 137k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Ecovis Danmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025202 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021178
17 Feb 2020 – 31 Dec 2020174

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
CEOAshish GargCurrent
Owner (100%)Net2Source Inc.Current
FounderNet2Source Inc.Current

Address history (1 moves)

c/o ECOVIS Danmark, Vendersgade 28, st., 1363 København K
Store Kongensgade 36, 3. th, 1264 København K

Other companies at the same address

Similar companies in København

Questions and answers about Net2Source Global Workforce Solutions ApS

Has Net2Source Global Workforce Solutions ApS gone bankrupt?

No, Net2Source Global Workforce Solutions ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Net2Source Global Workforce Solutions ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the CEO of Net2Source Global Workforce Solutions ApS?

Ashish Garg is the CEO of Net2Source Global Workforce Solutions ApS.

Who is the auditor of Net2Source Global Workforce Solutions ApS?

Net2Source Global Workforce Solutions ApS most recently used Ecovis Danmark.

When was Net2Source Global Workforce Solutions ApS founded?

Net2Source Global Workforce Solutions ApS was founded on 17 February 2020.

What is the equity of Net2Source Global Workforce Solutions ApS?

Equity was DKK -215k 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.