Glasswing ApS

CVR 41295236 · Private limited company (ApS) · Active · Low risk

Glasswing ApS is a Private limited company (ApS), founded on , based in Hørsholm. The company is registered in the industry anden udgivelse af software. 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. The latest annual report (31 Dec 2025) shows equity of DKK 324k and a net result of DKK -126k. CEO: Mathias Bak Bertelsen.

Bankruptcy risk for Glasswing 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

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×
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×
Capital changes3+ · bankruptcy rate 6.2%0.70×

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
41295236
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Bertelsen, Georginevej 1
2970 Hørsholm
Municipality
Hørsholm
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio83.9%
Current ratio620%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -51kDKK -40kDKK -532k
Net profitDKK -126kDKK -32kDKK -704k
EquityDKK 324kDKK 450kDKK 483k
Total assetsDKK 387kDKK 506kDKK 700k
CashDKK 387kDKK 431k–
Short-term debtDKK 62kDKK 56k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025179
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022122
1 Jan 2021 – 31 Dec 2021124
14 Apr 2020 – 31 Dec 202090

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
CEOMathias Bak BertelsenCurrent
BoardPeter Krongaard Kristensen
BoardChristian Stampe Vinther
BoardMathias Bak Bertelsen
Owner (50%)Birdplane Holding ApSCurrent
Owner (50%)Recursive Holding ApSCurrent
Owner (100%)Mathias Bak Bertelsen
Owner (50%)Peter Krongaard Kristensen
Owner (50%)Mathias Bak Bertelsen
Owner (100%)Glasswing Holding ApS
Owner (50%)Birdplane Holding ApS
Owner (50%)Recursive Holding ApS
Owner (10%)Founderment A/S
Owner (33%)Birdplane Holding ApS
Owner (33%)Recursive Holding ApS
FounderMathias Bak BertelsenCurrent

The CEOs' other companies

Mathias Bak Bertelsen – 2 other companies

Address history (0 moves)

c/o Bertelsen, Georginevej 1, 2970 Hørsholm

Other companies at the same address

Similar companies in Hørsholm

Questions and answers about Glasswing ApS

Has Glasswing ApS gone bankrupt?

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

What is the bankruptcy risk of Glasswing 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 Glasswing ApS?

Mathias Bak Bertelsen is the CEO of Glasswing ApS.

When was Glasswing ApS founded?

Glasswing ApS was founded on 14 April 2020.

What is the equity of Glasswing ApS?

Equity was DKK 324k 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.