STEPUP OCTO ApS

CVR 41716010 · Private limited company (ApS) · Active · Medium risk

STEPUP OCTO ApS is a Private limited company (ApS), founded on , based in Hedehusene. The company is registered in the industry udlejning og leasing af entreprenørmateriel. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 5 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 12.0m and a net result of DKK 2.4m. CEO: Nicholas James Kirk Morgan.

Bankruptcy risk for STEPUP OCTO 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 reports75%+ · bankruptcy rate 29.8%3.4×
Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
41716010
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Kallerupvej 54
2640 Hedehusene
Municipality
Høje-Taastrup
Industry
Udlejning og leasing af entreprenørmateriel (773200)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 40k
Auditor
CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 5
Missing annual reportNo
Negative equityNo
Equity ratio38.4%
Current ratio161%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 44.1mDKK 43.6mDKK 28.6m
Gross profitDKK 9.1mDKK 10.3mDKK 4.0m
Net profitDKK 2.4mDKK 1.3mDKK 788k
EquityDKK 12.0mDKK 686kDKK -614k
Total assetsDKK 31.2mDKK 39.2mDKK 36.8m
CashDKK 973kDKK 1.3m–
Short-term debtDKK 19.2mDKK 38.5m–
Tax owedDKK 1.3m––
Avg. employees67–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024198 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022195 Late
29 Sep 2020 – 31 Dec 2021217 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
CEONicholas James Kirk MorganCurrent
BoardMichael Charles McAnnallyCurrent
BoardZhaohui XuCurrent
BoardNicholas James Kirk MorganCurrent
BoardKnud Bay Højland
BoardKyle McGowan-Moore
BoardJustin Alan Anderson
Owner (10%)KB Highland Holding ApSCurrent
Owner (90%)Sunshine Enterprise Group EU LimitedCurrent
Owner (100%)Sunshine Enterprise Group EU Limited
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKABCurrent
FounderSunshine Enterprise Group EU LimitedCurrent

Address history (0 moves)

Kallerupvej 54, 2640 Hedehusene

Other companies at the same address

Similar companies in Høje-Taastrup

Questions and answers about STEPUP OCTO ApS

Has STEPUP OCTO ApS gone bankrupt?

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

What is the bankruptcy risk of STEPUP OCTO 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 STEPUP OCTO ApS?

Nicholas James Kirk Morgan is the CEO of STEPUP OCTO ApS.

Who is the auditor of STEPUP OCTO ApS?

STEPUP OCTO ApS most recently used CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB.

When was STEPUP OCTO ApS founded?

STEPUP OCTO ApS was founded on 29 September 2020.

What is the equity of STEPUP OCTO ApS?

Equity was DKK 12.0m 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.