Nine Realms Venture Capital ApS
CVR 42021105 · Private limited company (ApS) · Active · High risk
Nine Realms Venture Capital ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry formueforvaltning. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 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 -1.5m and a net result of DKK -1.4m. CEO: Sune Stilling.
Bankruptcy risk for Nine Realms Venture Capital ApS
3.8 × the average (1.41%) · higher risk than 92% 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
- 42021105
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- c/o Sune Stilling, Åboulevard 31, 3. th
1960 Frederiksberg C - Municipality
- Frederiksberg
- Industry
- Formueforvaltning (663000)
Bankruptcies in the industry: Formueforvaltning - Share capital
- DKK 46k
- Auditor
- Deloitte Statsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 4 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -41,407.6% |
| Current ratio | 0% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 4 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 9 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -1.4m | DKK -403k | DKK -250k |
| Net profit | DKK -1.4m | DKK -413k | DKK -250k |
| Equity | DKK -1.5m | DKK -97k | DKK -635k |
| Total assets | DKK 3,688 | DKK 171k | DKK 45k |
| Cash | DKK 3,688 | DKK 141k | – |
| Short-term debt | DKK 1.5m | DKK 268k | – |
| Avg. employees | 0 | – | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 184 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 191 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 296 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 208 | Late | |
| 13 Jan 2021 – 31 Dec 2021 | 179 |
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 | Sune Stilling | Current | |
| CEO | Sune Stilling | ||
| CEO | Peter Hove Hildebrandt | ||
| CEO | Peter Guldager Friis | ||
| Owner (67%) | StillInvest ApS | Current | |
| Owner (15%) | McCaig LTD | Current | |
| Owner (33%) | Sune Stilling | ||
| Owner (33%) | Peter Hove Hildebrandt | ||
| Owner (33%) | Peter Guldager Friis | ||
| Owner (20%) | Immutable ApS | ||
| Owner (50%) | StillInvest ApS | ||
| Owner (20%) | McCaig LTD | ||
| Founder | Sune Stilling | Current | |
| Founder | Peter Hove Hildebrandt | Current | |
| Founder | Peter Guldager Friis | Current |
The CEOs' other companies
Sune Stilling – 6 other companies
- Frey A/S Active
- Frey GP ApS Fusioneret
- Fromtu A/S Opløst
- Nine Realms General Partner I ApS Active
- Nine Realms SPV 1 ApS Active
- StillInvest ApS Active
Peter Hove Hildebrandt – 4 other companies
- Frey A/S Active
- Frey GP ApS Fusioneret
- Hove Hildebrandt ApS Active
- Nine Realms SPV 1 ApS Active
Peter Guldager Friis – 3 other companies
- Immutable ApS Active
- Nine Realms General Partner I ApS Active
- Nine Realms SPV 1 ApS Active
Address history (2 moves)
| c/o Sune Stilling, Åboulevard 31, 3. th, 1960 Frederiksberg C | |
| c/o Sune Stilling, Åboulevard 31, 3. th, 1960 Frederiksberg C | |
| c/o Peter Hove Hildebrandt, Rosenvej 14, 2820 Gentofte |
Former names
| Nine Realms Venture Capital ApS | – now |
| SCP af 13. januar 2021 ApS | – |
Other companies at the same address
- Investeringsselskabet af 6/3 1981 ApS Bankrupt
- Carnivore ApS Active
- MQH ApS Active
- Nine Realms General Partner I ApS Active
- Nine Realms SPV 1 ApS Active
- PIJOR ApS Active
- PIJOR II ApS Active
- Pijor 3 ApS Active
- StillInvest ApS Active
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Questions and answers about Nine Realms Venture Capital ApS
Has Nine Realms Venture Capital ApS gone bankrupt?
No, Nine Realms Venture Capital ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Nine Realms Venture Capital ApS?
Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.
Who is the CEO of Nine Realms Venture Capital ApS?
Sune Stilling is the CEO of Nine Realms Venture Capital ApS.
Who is the auditor of Nine Realms Venture Capital ApS?
Nine Realms Venture Capital ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.
When was Nine Realms Venture Capital ApS founded?
Nine Realms Venture Capital ApS was founded on 13 January 2021.
What is the equity of Nine Realms Venture Capital ApS?
Equity was DKK -1.5m 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.