Circle-IT ApS

CVR 41728353 · Private limited company (ApS) · Active · Medium risk

Circle-IT ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. 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 (30 Jun 2025) shows equity of DKK -22k and a net result of DKK 6,235. CEO: Morten Lindegaard.

Bankruptcy risk for Circle-IT 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

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
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×

Reduces the risk

Return on assets15%+ · 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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
41728353
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o BitTech IT ApS, Stamholmen 193E, st. tv
2650 Hvidovre
Municipality
Hvidovre
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-296.4%
Current ratio25%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies3
Other companies at the address75
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 8,750DKK -27k
Net profitDKK 6,235DKK -28k
EquityDKK -22kDKK -29k
Total assetsDKK 7,561DKK 10k
CashDKK 1,599–
Short-term debtDKK 30k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025172
1 Jul 2023 – 30 Jun 2024113
1 Jul 2022 – 30 Jun 2023161
1 Jul 2021 – 30 Jun 2022177
1 Oct 2020 – 30 Jun 2021167

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
CEOMorten LindegaardCurrent
CEOKim Graugaard
Owner (10%)Naja Denise KlimCurrent
Owner (90%)BitTech IT ApSCurrent
Owner (50%)Naja Denise Klim
Owner (50%)BitTech IT ApS
FounderNaja Denise KlimCurrent
FounderBitTech IT ApSCurrent

The CEOs' other companies

Morten Lindegaard – 5 other companies, of which 1 bankrupt

Kim Graugaard – 16 other companies, of which 5 bankrupt

Address history (1 moves)

c/o BitTech IT ApS, Stamholmen 193E, st. tv, 2650 Hvidovre
Fjeldhammervej 15, 2610 Rødovre

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Circle-IT ApS

Has Circle-IT ApS gone bankrupt?

No, Circle-IT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Circle-IT 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 Circle-IT ApS?

Morten Lindegaard is the CEO of Circle-IT ApS.

Who is the auditor of Circle-IT ApS?

Circle-IT ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was Circle-IT ApS founded?

Circle-IT ApS was founded on 1 October 2020.

What is the equity of Circle-IT ApS?

Equity was DKK -22k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.