Kode ApS

CVR 41269448 · Private limited company (ApS) · Active · Low risk

Kode ApS is a Private limited company (ApS), founded on , based in Stoholm Jyll. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 22k and a net result of DKK 20k. CEO: Michael Nielsen.

Bankruptcy risk for Kode ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
41269448
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Michael Nielsen, Søndergade 48
7850 Stoholm Jyll
Municipality
Viborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityNo
Equity ratio83.5%
Current ratio490%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 71kDKK 71k
Net profitDKK 20kDKK -5,525
EquityDKK 22kDKK 1,806
Total assetsDKK 26kDKK 37k
CashDKK 2,172–
Short-term debtDKK 4,271–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025184 Late
1 May 2023 – 30 Apr 2024183
1 May 2022 – 30 Apr 2023184 Late
1 May 2021 – 30 Apr 2022184 Late
26 Mar 2020 – 30 Apr 2021146

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
CEOMichael NielsenCurrent
Owner (100%)Michael NielsenCurrent
Owner (100%)Code Holding ApS
FounderCode Holding ApSCurrent

The CEOs' other companies

Michael Nielsen – 2 other companies

Address history (2 moves)

c/o Michael Nielsen, Søndergade 48, 7850 Stoholm Jyll
c/o Michael Nielsen, Viborgvej 302, 7830 Vinderup
c/o Michael Nielsen, Skolegade 16, 7850 Stoholm Jyll

Other companies at the same address

Similar companies in Viborg

Questions and answers about Kode ApS

Has Kode ApS gone bankrupt?

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

What is the bankruptcy risk of Kode ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Kode ApS?

Michael Nielsen is the CEO of Kode ApS.

When was Kode ApS founded?

Kode ApS was founded on 26 March 2020.

What is the equity of Kode ApS?

Equity was DKK 22k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.