Processive Projects ApS

CVR 41898569 · Private limited company (ApS) · Active · Medium risk

Processive Projects ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry industrielt design og modedesign. 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. The latest annual report (30 Jun 2025) shows equity of DKK -119k and a net result of DKK -109k. CEO: Miles Barnaby Gerrard, Maria Lund Jensen.

Bankruptcy risk for Processive Projects ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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
41898569
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Blegdamsvej 6
2200 København N
Municipality
København
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Auditor
Vadskær Krømmelbein
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-161.2%
Current ratio38%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address65
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -139kDKK -18k
Net profitDKK -109kDKK -14k
EquityDKK -119kDKK -9,671
Total assetsDKK 74kDKK 12k
CashDKK 38k–
Short-term debtDKK 192k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Vadskær Krømmelbein.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025171
1 Jul 2023 – 30 Jun 2024137
1 Jul 2022 – 30 Jun 2023124
1 Jul 2021 – 30 Jun 202288
25 Nov 2020 – 30 Jun 202115

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
CEOMiles Barnaby GerrardCurrent
CEOMaria Lund JensenCurrent
Owner (100%)Isar Holding ApSCurrent
FounderIsar Holding ApSCurrent

The CEOs' other companies

Miles Barnaby Gerrard – 2 other companies

Maria Lund Jensen – 2 other companies

Address history (1 moves)

Blegdamsvej 6, 2200 København N
Østerfælled Torv 3, 2100 København Ø

Former names

Processive Projects ApS – now
The Gradely Bike Company ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Processive Projects ApS

Has Processive Projects ApS gone bankrupt?

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

What is the bankruptcy risk of Processive Projects 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 Processive Projects ApS?

Miles Barnaby Gerrard, Maria Lund Jensen are the CEOs of Processive Projects ApS.

Who is the auditor of Processive Projects ApS?

Processive Projects ApS most recently used Vadskær Krømmelbein.

When was Processive Projects ApS founded?

Processive Projects ApS was founded on 25 November 2020.

What is the equity of Processive Projects ApS?

Equity was DKK -119k 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.