Urban Art ApS

CVR 41422467 · Private limited company (ApS) · Active · Low risk

Urban Art ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry billedkunstnerisk skaben. 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 234k and a net result of DKK 174k. CEO: Richard Michael Holmes.

Bankruptcy risk for Urban Art 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

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 vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
41422467
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Richard Michael Holmes, Mallevej 12
7700 Thisted
Municipality
Thisted
Industry
Billedkunstnerisk skaben (901200)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio68.9%
Current ratio280%
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 year202520242023
Gross profitDKK 705kDKK 450kDKK 626k
Net profitDKK 174kDKK 13kDKK 96k
EquityDKK 234kDKK 60kDKK 97k
Total assetsDKK 339kDKK 149kDKK 399k
CashDKK 193kDKK 50k–
Short-term debtDKK 100kDKK 83k–
Tax owedDKK 49kDKK 5,764–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202583
1 Jan 2024 – 31 Dec 202486
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022112
1 Jan 2021 – 31 Dec 2021102
9 Jun 2020 – 31 Dec 2020166

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
CEORichard Michael HolmesCurrent
Owner (100%)Richard Michael HolmesCurrent
FounderRichard Michael HolmesCurrent

The CEOs' other companies

Richard Michael Holmes – 1 other companies

Address history (1 moves)

c/o Richard Michael Holmes, Mallevej 12, 7700 Thisted
c/o Richard Michael Holmes, Fårtoftvej 7, 7700 Thisted

Former names

Urban Art ApS – now
RHolmes Holding ApS –

Other companies at the same address

Questions and answers about Urban Art ApS

Has Urban Art ApS gone bankrupt?

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

What is the bankruptcy risk of Urban Art 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 Urban Art ApS?

Richard Michael Holmes is the CEO of Urban Art ApS.

Who is the auditor of Urban Art ApS?

Urban Art ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was Urban Art ApS founded?

Urban Art ApS was founded on 9 June 2020.

What is the equity of Urban Art ApS?

Equity was DKK 234k 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.