Setion Holding ApS
CVR 41803657 · Private limited company (ApS) · Active · High risk
Setion Holding ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 5 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -108k and a net result of DKK 21k. CEO: Anders Hviid Kühnel.
Bankruptcy risk for Setion Holding ApS
4.2 × the average (1.41%) · higher risk than 93% 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
- 41803657
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- Havnegade 34A
5000 Odense C - Municipality
- Odense
- Industry
- Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Webportaler - Share capital
- DKK 50k
- Auditor
- MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 4 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -364.8% |
| Current ratio | 22% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 36 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -9,066 | DKK -9,000 |
| Net profit | DKK 21k | DKK -103k |
| Equity | DKK -108k | DKK -129k |
| Total assets | DKK 30k | DKK 0 |
| Short-term debt | DKK 138k | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 196 | Late | |
| 1 Jul 2023 – 30 Jun 2024 | 213 | Late | |
| 1 Jul 2022 – 30 Jun 2023 | 200 | Late | |
| 1 Jul 2021 – 30 Jun 2022 | 188 | Late | |
| 23 Oct 2020 – 30 Jun 2021 | 166 |
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 | Anders Hviid Kühnel | Current | |
| Owner (100%) | River Online Group ApS | Current | |
| Owner (100%) | River Online Group ApS | ||
| Owner (67%) | River Online Group ApS | ||
| Owner (10%) | Rasmus Gøtzsche Holding ApS | ||
| Owner (90%) | River Online Group ApS | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | ||
| Founder | River Online Group ApS | Current |
The CEOs' other companies
Anders Hviid Kühnel – 6 other companies
- RIVER ONLINE ApS Active
- River Online DE Holding ApS Active
- River Online Group ApS Active
- River Partners DK ApS Active
- Selskabet af den 15. marts 2021 ApS Opløst
- Setion ApS Active
Address history (1 moves)
| Havnegade 34A, 5000 Odense C | |
| Banegårdspladsen 4, 6000 Kolding |
Former names
| Setion Holding ApS | – now |
| River Online AI ApS | – |
Other companies at the same address
- MyEpi ApS Bankrupt
- A Clean Spirit ApS Active
- ARKINOVA ApS Active
- BARGROUP DRINKS ApS Active
- BGM Ejendomme, Odense ApS Active
- Bargroup Administration ApS Active
- Bargroup Food Administration ApS Active
- Bargroup Holding ApS Active
- Bødker Invest ApS Active
- CAFE SKT. GERTRUD ApS Active
- DAICA Agentur ApS Active
- DAICA ApS Active
- DAICA Ejendomme ApS Active
- DDT Holding ApS Active
- Daica Holding ApS Active
- Den Smagløse Cafe Odense ApS Active
- ELEMENT LOGIC DENMARK A/S Active
- Fynske Fristelser ApS Active
- Hentze Invest Odense ApS Active
- Inteka Rådgivende Ingeniører ApS Fusioneret
- Klosterkroen Odense ApS Active
- PENAW ApS Active
- PEOPLELINK ApS Active
- RIVER INVEST ApS Active
- RIVER ONLINE ApS Active
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- AE Investment Research ApS Odense C
- Setion ApS Odense C
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Questions and answers about Setion Holding ApS
Has Setion Holding ApS gone bankrupt?
No, Setion Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Setion Holding ApS?
Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.
Who is the CEO of Setion Holding ApS?
Anders Hviid Kühnel is the CEO of Setion Holding ApS.
Who is the auditor of Setion Holding ApS?
Setion Holding ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Setion Holding ApS founded?
Setion Holding ApS was founded on 23 October 2020.
What is the equity of Setion Holding ApS?
Equity was DKK -108k 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.