Palm Copenhagen ApS

CVR 41637277 · Private limited company (ApS) · Active · Medium risk

Palm Copenhagen ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry engroshandel med parfumerivarer og kosmetik. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1,821 and a net result of DKK -21k. CEO: Bettina Nordbæk Balling.

Bankruptcy risk for Palm Copenhagen ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

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×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
41637277
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Northern Search Aps, Folke Bernadottes Allé 45
2100 København Ø
Municipality
København
Industry
Engroshandel med parfumerivarer og kosmetik (464500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
MBA STATSAUTORISERET REVISIONSANPARTSSELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio9.4%
Current ratio110%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -21kDKK -5,736DKK 27k
Net profitDKK -21kDKK -5,990DKK 27k
EquityDKK 1,821DKK 23kDKK 29k
Total assetsDKK 19kDKK 31kDKK 46k
CashDKK 6,788DKK 20k–
Short-term debtDKK 17kDKK 7,997–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · MBA STATSAUTORISERET REVISIONSANPARTSSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202582
1 Jan 2024 – 31 Dec 2024175
1 Jan 2023 – 31 Dec 2023106
1 Jan 2022 – 31 Dec 2022170
1 Sep 2020 – 31 Dec 2021130

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
CEOBettina Nordbæk BallingCurrent
CEOAnne Charlotte Glahn
Owner (50%)Bettina Nordbæk BallingCurrent
Owner (50%)Morten Thomsen Holding ApSCurrent
Owner (50%)Anne Charlotte Glahn
FounderBettina Nordbæk BallingCurrent
FounderAnne Charlotte GlahnCurrent

The CEOs' other companies

Bettina Nordbæk Balling – 2 other companies

Anne Charlotte Glahn – 4 other companies

Address history (1 moves)

c/o Northern Search Aps, Folke Bernadottes Allé 45, 2100 København Ø
L E Bruuns Vej 38, st., 2920 Charlottenlund

Other companies at the same address

Similar companies in København

Questions and answers about Palm Copenhagen ApS

Has Palm Copenhagen ApS gone bankrupt?

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

What is the bankruptcy risk of Palm Copenhagen ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Palm Copenhagen ApS?

Bettina Nordbæk Balling is the CEO of Palm Copenhagen ApS.

Who is the auditor of Palm Copenhagen ApS?

Palm Copenhagen ApS most recently used MBA STATSAUTORISERET REVISIONSANPARTSSELSKAB.

When was Palm Copenhagen ApS founded?

Palm Copenhagen ApS was founded on 1 September 2020.

What is the equity of Palm Copenhagen ApS?

Equity was DKK 1,821 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.