20sekundmeter ApS

CVR 41860189 · Private limited company (ApS) · Active · Medium risk

20sekundmeter ApS is a Private limited company (ApS), founded on , based in Fredensborg. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -12k and a net result of DKK -12k. CEO: Morten Skjølstrup Wagener.

Bankruptcy risk for 20sekundmeter ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
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
41860189
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ved Dammen 7
3480 Fredensborg
Municipality
Fredensborg
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-38.1%
Current ratio72%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -12kDKK 11k
Net profitDKK -12kDKK 11k
EquityDKK -12kDKK 4,827
Total assetsDKK 31kDKK 64k
CashDKK 30k–
Short-term debtDKK 43k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023210 Late
1 Jan 2022 – 31 Dec 2022177
16 Nov 2020 – 31 Dec 2021150

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 Skjølstrup WagenerCurrent
Owner (100%)Sekundmeter Group ApSCurrent
FounderSekundmeter Group ApSCurrent

The CEOs' other companies

Morten Skjølstrup Wagener – 3 other companies, of which 1 bankrupt

Address history (1 moves)

Ved Dammen 7, 3480 Fredensborg
Krudtløbsvej 5, 1439 København K

Other companies at the same address

Similar companies in Fredensborg

Questions and answers about 20sekundmeter ApS

Has 20sekundmeter ApS gone bankrupt?

No, 20sekundmeter ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 20sekundmeter ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of 20sekundmeter ApS?

Morten Skjølstrup Wagener is the CEO of 20sekundmeter ApS.

When was 20sekundmeter ApS founded?

20sekundmeter ApS was founded on 16 November 2020.

What is the equity of 20sekundmeter ApS?

Equity was DKK -12k 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.