Public Works ApS

CVR 41454148 · Private limited company (ApS) · Active · Medium risk

Public Works ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 242k and a net result of DKK 187k.

Bankruptcy risk for Public Works ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×

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
41454148
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Dortheavej 12
2400 København NV
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio20.4%
Current ratio124%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 409k
Net profitDKK 187kDKK -241k
EquityDKK 242kDKK 55k
Total assetsDKK 1.2mDKK 204k
CashDKK 558k–
Short-term debtDKK 946k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024120
1 Jan 2023 – 31 Dec 202343
1 Jan 2022 – 31 Dec 202268
22 Jun 2020 – 30 Sep 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
CEOJohan Elkjær
CEOLaurits Søgaard Nielsen
Owner (90%)A.M.A. ApSCurrent
Owner (10%)Gusluxi ApSCurrent
Owner (5%)Laurits Søgaard Nielsen
Owner (33%)Johan Elkjær
Owner (33%)Anders Munk Andersen
Owner (5%)LSN HOLDINGSELSKAB ApS
Owner (33%)Holding It In ApS
Owner (33%)A.M.A. ApS
Owner (50%)A.M.A. ApS
Owner (50%)LSN HOLDINGSELSKAB ApS
Owner (50%)A.M.A. ApS
FounderLSN HOLDINGSELSKAB ApSCurrent
FounderHolding It In ApSCurrent
FounderA.M.A. ApSCurrent

The CEOs' other companies

Johan Elkjær – 2 other companies

Laurits Søgaard Nielsen – 5 other companies

Address history (2 moves)

Dortheavej 12, 2400 København NV
Naverland 2, 2600 Glostrup
Refshalevej 110, 1432 København K

Former names

Public Works ApS – now
Public Works ApS. –

Other companies at the same address

Similar companies in København

Questions and answers about Public Works ApS

Has Public Works ApS gone bankrupt?

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

What is the bankruptcy risk of Public Works ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

When was Public Works ApS founded?

Public Works ApS was founded on 22 June 2020.

What is the equity of Public Works ApS?

Equity was DKK 242k 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.