Boundless Payroll Denmark ApS

CVR 41202939 · Private limited company (ApS) · Active · Low risk

Boundless Payroll Denmark ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 -1.0m and a net result of DKK 641k. CEO: Deirdre Mary Coakley, Emily Elizabeth Castles.

Bankruptcy risk for Boundless Payroll Denmark ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
41202939
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Christensen Kjærulff Statsautoriseret Re, Østbanegade 123
2100 København Ø
Municipality
København
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 40k
Auditor
Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityYes
Equity ratio-93.0%
Current ratio52%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address262
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 9.0mDKK 8.3mDKK 6.0m
Net profitDKK 641kDKK 25kDKK -114k
EquityDKK -1.0mDKK -1.7mDKK -1.7m
Total assetsDKK 1.1mDKK 111kDKK 919k
CashDKK 117kDKK 13k–
Short-term debtDKK 2.2mDKK 1.8m–
Avg. employees99–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025189 Late
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022216 Late
1 Jan 2021 – 31 Dec 2021189 Late
14 Feb 2020 – 31 Dec 2020148

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
CEODeirdre Mary CoakleyCurrent
CEOEmily Elizabeth CastlesCurrent
CEOEamon Leonard
Owner (100%)Boundless Technologies LimitedCurrent
FounderBoundless Technologies LimitedCurrent

Address history (2 moves)

c/o Christensen Kjærulff Statsautoriseret Re, Østbanegade 123, 2100 København Ø
c/o Christensen Kjærulff Statsautoriseret Re, Store Kongensgade 68, 1264 København K
c/o Sandgrav Solutions ApS, Centervænget 19, 2., 3400 Hillerød

Other companies at the same address

Similar companies in København

Questions and answers about Boundless Payroll Denmark ApS

Has Boundless Payroll Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Boundless Payroll Denmark ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Boundless Payroll Denmark ApS?

Deirdre Mary Coakley, Emily Elizabeth Castles are the CEOs of Boundless Payroll Denmark ApS.

Who is the auditor of Boundless Payroll Denmark ApS?

Boundless Payroll Denmark ApS most recently used Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

When was Boundless Payroll Denmark ApS founded?

Boundless Payroll Denmark ApS was founded on 14 February 2020.

What is the equity of Boundless Payroll Denmark ApS?

Equity was DKK -1.0m 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.