Root Development ApS

CVR 41226595 · Private limited company (ApS) · Active · Low risk

Root Development ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.1m and a net result of DKK -477k. CEO: Kenneth Christensen.

Bankruptcy risk for Root Development ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
41226595
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Kenneth Christensen, Ørevadsvej 29
2400 København NV
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio97.5%
Current ratio1,444%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -49kDKK 874k
Net profitDKK -477kDKK 430k
EquityDKK 1.1mDKK 1.6m
Total assetsDKK 1.2mDKK 1.7m
CashDKK 269k–
Short-term debtDKK 28k–
Tax owedDKK 0–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202549
1 Jan 2024 – 31 Dec 2024147
1 Jan 2023 – 31 Dec 202355
1 Jan 2022 – 31 Dec 202256
1 Jan 2021 – 31 Dec 202191
1 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
CEOKenneth ChristensenCurrent
Owner (100%)Kenneth ChristensenCurrent
FounderKenneth ChristensenCurrent

The CEOs' other companies

Kenneth Christensen – 2 other companies

Address history (1 moves)

c/o Kenneth Christensen, Ørevadsvej 29, 2400 København NV
Udbygade 10, 2. th, 2200 København N

Other companies at the same address

Similar companies in København

Questions and answers about Root Development ApS

Has Root Development ApS gone bankrupt?

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

What is the bankruptcy risk of Root Development ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Root Development ApS?

Kenneth Christensen is the CEO of Root Development ApS.

When was Root Development ApS founded?

Root Development ApS was founded on 7 March 2020.

What is the equity of Root Development ApS?

Equity was DKK 1.1m 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.