Håndværk v. Morten Paulsen ApS

CVR 42037362 · Private limited company (ApS) · Active · High risk

Håndværk v. Morten Paulsen ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 288k and a net result of DKK 175k. CEO: Morten Kromann Paulsen.

Bankruptcy risk for Håndværk v. Morten Paulsen ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
42037362
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Lundsgade 5, 3. th
2100 København Ø
Municipality
København
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 late4 of 4
Missing annual reportNo
Negative equityNo
Equity ratio46.2%
Current ratio155%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 218kDKK 85kDKK 449k
Net profitDKK 175kDKK 66kDKK 328k
EquityDKK 288kDKK 33kDKK -33k
Total assetsDKK 624kDKK 297kDKK 126k
CashDKK 32kDKK 0–
Short-term debtDKK 336kDKK 264k–
Tax owedDKK 61kDKK 19k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025217 Late
1 Jul 2023 – 30 Jun 2024218 Late
1 Jul 2022 – 30 Jun 2023217 Late
18 Jan 2021 – 30 Jun 2022216 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
CEOMorten Kromann PaulsenCurrent
Owner (100%)Kropa Holding ApSCurrent
FounderKropa Holding ApSCurrent

The CEOs' other companies

Morten Kromann Paulsen – 1 other companies

Address history (0 moves)

Lundsgade 5, 3. th, 2100 København Ø

Other companies at the same address

Similar companies in København

Questions and answers about Håndværk v. Morten Paulsen ApS

Has Håndværk v. Morten Paulsen ApS gone bankrupt?

No, Håndværk v. Morten Paulsen ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Håndværk v. Morten Paulsen 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 Håndværk v. Morten Paulsen ApS?

Morten Kromann Paulsen is the CEO of Håndværk v. Morten Paulsen ApS.

When was Håndværk v. Morten Paulsen ApS founded?

Håndværk v. Morten Paulsen ApS was founded on 18 January 2021.

What is the equity of Håndværk v. Morten Paulsen ApS?

Equity was DKK 288k 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.