Howitz Holding ApS

CVR 42041599 · Private limited company (ApS) · Active · Very high risk

Howitz Holding ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -210k and a net result of DKK -1.5m. CEO: Morten Pagh-Rasmussen.

Bankruptcy risk for Howitz Holding ApS

21.6%
probability of bankruptcy within 12 months
Very high risk

15.3 × the average (1.41%) · higher risk than 99% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Capital changes2 · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · 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×

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
42041599
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o DK Venture ApS, Ehlersvej 7
2900 Hellerup
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 132k
Auditor
ALBJERG, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-11.2%
Current ratio89%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address34
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -91kDKK -132k
Net profitDKK -1.5mDKK 106k
EquityDKK -210kDKK 1.4m
Total assetsDKK 1.9mDKK 3.5m
CashDKK 62–
Short-term debtDKK 2.1m–
Tax owedDKK 31k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · ALBJERG, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025200 Late
1 Jul 2023 – 30 Jun 2024215 Late
1 Jul 2022 – 30 Jun 2023174
1 Jul 2021 – 30 Jun 2022165
19 Jan 2021 – 30 Jun 2021166

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 Pagh-RasmussenCurrent
Owner (100%)Morten Pagh-RasmussenCurrent
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorALBJERG STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderMorten Pagh-RasmussenCurrent

The CEOs' other companies

Morten Pagh-Rasmussen – 9 other companies, of which 1 bankrupt

Address history (2 moves)

c/o DK Venture ApS, Ehlersvej 7, 2900 Hellerup
Rådmandsgade 40D, 4. mf, 2200 København N
Howitzvej 59, st. tv, 2000 Frederiksberg

Former names

Howitz Holding ApS – now
Nine United Holding ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Howitz Holding ApS

Has Howitz Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Howitz Holding ApS?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of Howitz Holding ApS?

Morten Pagh-Rasmussen is the CEO of Howitz Holding ApS.

Who is the auditor of Howitz Holding ApS?

Howitz Holding ApS most recently used ALBJERG, Statsautoriseret Revisionspartnerselskab.

When was Howitz Holding ApS founded?

Howitz Holding ApS was founded on 19 January 2021.

What is the equity of Howitz Holding ApS?

Equity was DKK -210k 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.