VRAI ApS

CVR 41851279 · Private limited company (ApS) · Active · Medium risk

VRAI ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 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 (31 Dec 2025) shows equity of DKK -192k and a net result of DKK -1.4m. CEO: Michael David Calonico.

Bankruptcy risk for VRAI ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
41851279
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Nybrogade 12
1203 København K
Municipality
København
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
BG Statsautoriserede revisorer ApS
Audit opted out
No

Warning signs

Annual reports filed late4 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-1.4%
Current ratio85%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address144
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.9mDKK 12.7m
Net profitDKK -1.4mDKK 300k
EquityDKK -192kDKK 1.2m
Total assetsDKK 13.6mDKK 4.5m
CashDKK 11.7m–
Short-term debtDKK 13.8m–
Avg. employees9–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BG Statsautoriserede revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023192 Late
1 Jan 2022 – 31 Dec 2022215 Late
14 Nov 2020 – 31 Dec 2021214 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
CEOMichael David CalonicoCurrent
CEOMartin Roland Roscheisen
Owner (100%)VRAI Jewelry, LLCCurrent
Owner (100%)Diamond Foundry Inc.
AuditorBG Statsautoriserede revisorer ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderDiamond Foundry Inc.Current

Address history (1 moves)

Nybrogade 12, 1203 København K
c/o Lundgrens, Tuborg Boulevard 12, 4., 2900 Hellerup

Other companies at the same address

Similar companies in København

Questions and answers about VRAI ApS

Has VRAI ApS gone bankrupt?

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

What is the bankruptcy risk of VRAI ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of VRAI ApS?

Michael David Calonico is the CEO of VRAI ApS.

Who is the auditor of VRAI ApS?

VRAI ApS most recently used BG Statsautoriserede revisorer ApS.

When was VRAI ApS founded?

VRAI ApS was founded on 14 November 2020.

What is the equity of VRAI ApS?

Equity was DKK -192k 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.