Plain Works ApS

CVR 42035092 · Private limited company (ApS) · Active · Low risk

Plain Works ApS is a Private limited company (ApS), founded on , based in Fredensborg. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 251k and a net result of DKK -6,340. CEO: Louise Bering Plain.

Bankruptcy risk for Plain Works ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
42035092
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Davidsvænge 4
3480 Fredensborg
Municipality
Fredensborg
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 40k
Auditor
Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio94.6%
Current ratio1,843%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -8,512DKK -12k
Net profitDKK -6,340DKK -9,000
EquityDKK 251kDKK 257k
Total assetsDKK 265kDKK 271k
CashDKK 54k–
Short-term debtDKK 14k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025175
1 Jul 2023 – 30 Jun 2024186 Late
1 Jul 2022 – 30 Jun 2023167
18 Jan 2021 – 30 Jun 2022175

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
CEOLouise Bering PlainCurrent
Owner (100%)PLAIN HOLDING ApSCurrent
FounderPLAIN HOLDING ApSCurrent

Address history (0 moves)

Davidsvænge 4, 3480 Fredensborg

Other companies at the same address

Similar companies in Fredensborg

Questions and answers about Plain Works ApS

Has Plain Works ApS gone bankrupt?

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

What is the bankruptcy risk of Plain Works ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Plain Works ApS?

Louise Bering Plain is the CEO of Plain Works ApS.

Who is the auditor of Plain Works ApS?

Plain Works ApS most recently used Nejstgaard & Vetlov, Godkendt Revisionsaktieselskab.

When was Plain Works ApS founded?

Plain Works ApS was founded on 18 January 2021.

What is the equity of Plain Works ApS?

Equity was DKK 251k 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.