Block Cipher Holding ApS

CVR 41293209 · Private limited company (ApS) · Active · Low risk

Block Cipher Holding ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 13.1m and a net result of DKK -164k. CEO: Nicolai Gersbo Sølling.

Bankruptcy risk for Block Cipher Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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
41293209
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Nicolai Sølling, Batzkes Bakke 5B
3400 Hillerød
Municipality
Hillerød
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityNo
Equity ratio56.8%
Current ratio1%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -56kDKK -8,750DKK -8,750
Net profitDKK -164kDKK 7.7mDKK 3.5m
EquityDKK 13.1mDKK 13.3mDKK 5.6m
Total assetsDKK 23.2mDKK 16.2mDKK 7.8m
CashDKK 139kDKK 33k–
Short-term debtDKK 10.0mDKK 2.9m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025176
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022181
14 Apr 2020 – 30 Sep 2021159

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
CEONicolai Gersbo SøllingCurrent
Owner (50%)Nicolai Gersbo SøllingCurrent
Owner (50%)Louisa Vedel LarsholtCurrent
Owner (100%)Nicolai Gersbo Sølling
FounderNicolai Gersbo SøllingCurrent

The CEOs' other companies

Nicolai Gersbo Sølling – 2 other companies

Address history (1 moves)

c/o Nicolai Sølling, Batzkes Bakke 5B, 3400 Hillerød
c/o Tønder Revision, Østergade 6A, 6240 Løgumkloster

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Block Cipher Holding ApS

Has Block Cipher Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Block Cipher Holding ApS?

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

Who is the CEO of Block Cipher Holding ApS?

Nicolai Gersbo Sølling is the CEO of Block Cipher Holding ApS.

Who is the auditor of Block Cipher Holding ApS?

Block Cipher Holding ApS most recently used Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab.

When was Block Cipher Holding ApS founded?

Block Cipher Holding ApS was founded on 14 April 2020.

What is the equity of Block Cipher Holding ApS?

Equity was DKK 13.1m according to the annual report for the period ending 30 September 2025.

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