Turtle Investments ApS

CVR 41194723 · Private limited company (ApS) · Active · Low risk

Turtle Investments ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. 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 28k and a net result of DKK 22k. CEO: Henrik Frisch.

Bankruptcy risk for Turtle Investments 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
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

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
41194723
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Hambros Alle 11C
2900 Hellerup
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 6
Missing annual reportNo
Negative equityNo
Equity ratio65.1%
Current ratio155%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Net profitDKK 22kDKK -8,552
EquityDKK 28kDKK 6,678
Total assetsDKK 44kDKK 50k
CashDKK 171–
Short-term debtDKK 15k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021180
24 Feb 2020 – 31 Dec 2020191 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
CEOHenrik FrischCurrent
Owner (0%)Henrik FrischCurrent
Owner (100%)Casper FrischCurrent
Owner (100%)Henrik Frisch
FounderHenrik FrischCurrent

The CEOs' other companies

Henrik Frisch – 52 other companies, of which 7 bankrupt

Address history (0 moves)

Hambros Alle 11C, 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Turtle Investments ApS

Has Turtle Investments ApS gone bankrupt?

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

What is the bankruptcy risk of Turtle Investments 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 Turtle Investments ApS?

Henrik Frisch is the CEO of Turtle Investments ApS.

Who is the auditor of Turtle Investments ApS?

Turtle Investments ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Turtle Investments ApS founded?

Turtle Investments ApS was founded on 24 February 2020.

What is the equity of Turtle Investments ApS?

Equity was DKK 28k 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.