X PROJECTS ApS
CVR 41736720 · Private limited company (ApS) · Active · Medium risk
X PROJECTS ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 -488k and a net result of DKK -242k. CEO: Christian Adel Michael.
Bankruptcy risk for X PROJECTS ApS
1.9 × the average (1.41%) · higher risk than 86% of active Danish companies
Increases the risk
Reduces the risk
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
- 41736720
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- c/o Christensen Kjærulff, AIH, Østbanegade 123
2100 København Ø - Municipality
- København
- Industry
- Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 40k
- Auditor
- Lokal Revision
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 5 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -197.0% |
| Current ratio | 34% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 262 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -242k | DKK -110k | DKK -458k |
| Net profit | DKK -242k | DKK -110k | DKK -458k |
| Equity | DKK -488k | DKK -246k | DKK -136k |
| Total assets | DKK 247k | DKK 532k | DKK 532k |
| Short-term debt | DKK 735k | DKK 778k | – |
| Tax owed | DKK 0 | DKK 63k | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Lokal Revision.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 196 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 212 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 218 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 254 | Late | |
| 5 Oct 2020 – 31 Dec 2021 | 206 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Christian Adel Michael | Current | |
| Owner (100%) | Slip and Slide ApS | Current | |
| Founder | Slip and Slide ApS | Current |
The CEOs' other companies
Christian Adel Michael – 3 other companies, of which 1 bankrupt
- ROCKnWOOL ApS Bankrupt 13 Dec 2023
- MATE.BIKE INTERNATIONAL ApS Active
- MATE.mothership ApS Active
Address history (1 moves)
| c/o Christensen Kjærulff, AIH, Østbanegade 123, 2100 København Ø | |
| Frederiksholms Kanal 6A, 4. tv, 1220 København K |
Other companies at the same address
- Amalus Therapeutics Denmark ApS Bankrupt
- 3-Form ApS Active
- ADO AF 26.02.2004 ApS Active
- ADO HOLDING AF 26.02.2004 ApS Active
- AIP Euro Nordics BC 1 ApS Active
- AIP Octopus ApS Active
- ALEKSANDER'S AGENCY ApS Active
- AXO HOLDING ApS Active
- Aksel og Conrad Thalbitzer Holding ApS Active
- Anders R ApS Active
- Ane HR ApS Active
- Anpartsselskabet af 4. november 2016 Opløst
- Athena Capital A/S Active
- BCAP DF 1 ApS Active
- BCAP DF 1 Holdings ApS Active
- BCAP DF 6 ApS Active
- BOVISION ApS Fusioneret
- Bahia Fenicia Denmark 2 ApS Active
- Bahia Fenicia Denmark ApS Active
- Baltic HoldCo (Denmark) ApS Active
- Baltic Holdco 2 (Denmark) ApS Active
- Baltic Propco 1 (Denmark) ApS Active
- Baltic Propco 2 (Denmark) ApS Active
- Bogholder Allé 36 ApS Active
- Boundless Payroll Denmark ApS Active
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Questions and answers about X PROJECTS ApS
Has X PROJECTS ApS gone bankrupt?
No, X PROJECTS ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of X PROJECTS ApS?
Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.
Who is the CEO of X PROJECTS ApS?
Christian Adel Michael is the CEO of X PROJECTS ApS.
Who is the auditor of X PROJECTS ApS?
X PROJECTS ApS most recently used Lokal Revision.
When was X PROJECTS ApS founded?
X PROJECTS ApS was founded on 5 October 2020.
What is the equity of X PROJECTS ApS?
Equity was DKK -488k 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.