ITS NOT ABOUT THE MONEY ApS

CVR 41325488 · Private limited company (ApS) · Active · Medium risk

ITS NOT ABOUT THE MONEY ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 11k and a net result of DKK -2,027. CEO: Kasper Nikolaj Andersen.

Bankruptcy risk for ITS NOT ABOUT THE MONEY ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
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×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
41325488
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Gunløgsgade 16, 2. th
2300 København S
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityNo
Equity ratio49.6%
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -2,027DKK -6,577
Net profitDKK -2,027DKK -6,649
EquityDKK 11kDKK 13k
Total assetsDKK 23kDKK 23k
CashDKK 0–
Short-term debtDKK 12k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202599
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022197 Late
1 Jan 2021 – 31 Dec 2021187 Late
28 Apr 2020 – 31 Dec 2020189 Late

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
CEOKasper Nikolaj AndersenCurrent
Owner (100%)Kasper Nikolaj AndersenCurrent
FounderKasper Nikolaj AndersenCurrent

The CEOs' other companies

Kasper Nikolaj Andersen – 4 other companies, of which 2 bankrupt

Address history (0 moves)

Gunløgsgade 16, 2. th, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about ITS NOT ABOUT THE MONEY ApS

Has ITS NOT ABOUT THE MONEY ApS gone bankrupt?

No, ITS NOT ABOUT THE MONEY ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of ITS NOT ABOUT THE MONEY ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of ITS NOT ABOUT THE MONEY ApS?

Kasper Nikolaj Andersen is the CEO of ITS NOT ABOUT THE MONEY ApS.

When was ITS NOT ABOUT THE MONEY ApS founded?

ITS NOT ABOUT THE MONEY ApS was founded on 28 April 2020.

What is the equity of ITS NOT ABOUT THE MONEY ApS?

Equity was DKK 11k 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.