Formalize ApS
CVR 42045136 · Private limited company (ApS) · Active · Medium risk
Formalize ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry computerprogrammering. 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 (31 Dec 2025) shows equity of DKK 96.7m and a net result of DKK -47.8m. CEO: Kristoffer Abell.
Bankruptcy risk for Formalize ApS
1.0 × the average (1.41%) · higher risk than 75% 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
- 42045136
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Skelbækgade 2, 2. tv
1717 København V - Municipality
- København
- Industry
- Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 128k
- Auditor
- DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 5 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 57.8% |
| Current ratio | 245% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 43 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 20.4m | DKK 7.1m | DKK -10.9m |
| Net profit | DKK -47.8m | DKK -36.9m | DKK -30.5m |
| Equity | DKK 96.7m | DKK 55.5m | DKK -16.7m |
| Total assets | DKK 167.2m | DKK 108.3m | DKK 24.9m |
| Cash | DKK 113.5m | DKK 77.4m | – |
| Short-term debt | DKK 56.3m | DKK 40.2m | – |
| Tax owed | DKK 379k | – | – |
| Avg. employees | 85 | 67 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 133 | ||
| 1 Jan 2024 – 31 Dec 2024 | 134 | ||
| 1 Jan 2023 – 31 Dec 2023 | 155 | ||
| 1 Jan 2022 – 31 Dec 2022 | 142 | ||
| 21 Jan 2021 – 31 Dec 2021 | 182 |
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 | Kristoffer Abell | Current | |
| Board | Jakob Emanuel Loftlund Lilholm | Current | |
| Board | Michele Foradori | Current | |
| Board | Christian Lynge Hjorth | Current | |
| Board | Fritz Friedrich Oidtmann | Current | |
| Board | Kristoffer Abell | Current | |
| Board | Jacob Hindhede | ||
| Board | Thomas Schmidt | ||
| Board | Patrick Olsen | ||
| Board | Kristoffer Abell | ||
| Board | Jens Morten Brøgger | ||
| Board | Brian Gottorp Jeppesen | ||
| Board | Thomas Schmidt | ||
| Board | Brian Gottorp Jeppesen | ||
| Owner (15%) | Aldbridge Services London Limited | Current | |
| Owner (10%) | Magnus Boye Holding ApS | Current | |
| Owner (10%) | Kristoffer Abell Holding ApS | Current | |
| Owner (10%) | Jakob Lilholm Holding ApS | Current | |
| Owner (5%) | Acton Fund VI GmbH & Co. KG | Current | |
| Owner (25%) | BlackFin Tech II | Current | |
| Owner (33%) | Magnus Boye Holding ApS | ||
| Owner (33%) | Kristoffer Abell Holding ApS | ||
| Owner (33%) | Jakob Lilholm Holding ApS | ||
| Owner (5%) | BRIGHT BOX ApS | ||
| Owner (5%) | Aggerholm ApS | ||
| Owner (10%) | PO INTERNATIONAL ApS | ||
| Owner (20%) | Magnus Boye Holding ApS | ||
| Owner (20%) | Kristoffer Abell Holding ApS | ||
| Owner (20%) | Jakob Lilholm Holding ApS | ||
| Owner (5%) | Vesuv Ventures ApS | ||
| Owner (5%) | PO INTERNATIONAL ApS | ||
| Owner (15%) | Magnus Boye Holding ApS | ||
| Owner (15%) | Kristoffer Abell Holding ApS | ||
| Owner (15%) | Jakob Lilholm Holding ApS | ||
| Owner (20%) | BlackFin Tech II | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | Magnus Boye Holding ApS | Current | |
| Founder | Kristoffer Abell Holding ApS | Current | |
| Founder | Jakob Lilholm Holding ApS | Current |
The CEOs' other companies
Kristoffer Abell – 4 other companies, of which 1 bankrupt
- Weorder Hospitality Technologies ApS Bankrupt 28 Aug 2023
- Abell Holding IvS Compulsorily dissolved
- Conner IvS Opløst
- Returnflows Systems ApS Active
Address history (3 moves)
| Skelbækgade 2, 2. tv, 1717 København V | |
| Kannikegade 4, 1., 8000 Aarhus C | |
| Inge Lehmanns Gade 10, 5., 8000 Aarhus C | |
| c/o Kristoffer Abell, Vigerslevvej 320, 2. th, 2500 Valby |
Former names
| Formalize ApS | – now |
| Whistleblower Software ApS | – |
Other companies at the same address
- Adversity Holding ApS Bankrupt
- IT-selskabet af 30. maj 2022 ApS Bankrupt
- 21 CENTURY SYSTEMS ApS Compulsorily dissolved
- A/S PSE 13 NR. 1071 Opløst
- Apylon ApS Active
- BJERGSØ HOLDING ApS Active
- Beer Geek MBB Holding ApS Active
- COOP TRADING A/S Active
- CRAFT BEER BAR HOLDING ApS Active
- Craft Brewery Holding ApS Active
- Daedalus ApS Active
- Dixie Software ApS Opløst
- FOUNDERS A/S Active
- FOUNDERS MANAGEMENT ApS Fusioneret
- Founders II GP ApS Opløst
- Founders Sub 1 ApS Opløst
- GOBOX ApS Fusioneret
- HERAX ApS Active
- Heyhack ApS Active
- Kubb Holding ApS Active
- KØDBYEN BRYGPUB ApS Active
- Lernen ApS Active
- Light Company ApS Active
- Light Company Holding ApS Active
- MIKKELLER ApS Active
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Questions and answers about Formalize ApS
Has Formalize ApS gone bankrupt?
No, Formalize ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Formalize 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 Formalize ApS?
Kristoffer Abell is the CEO of Formalize ApS.
Who is the auditor of Formalize ApS?
Formalize ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Formalize ApS founded?
Formalize ApS was founded on 21 January 2021.
What is the equity of Formalize ApS?
Equity was DKK 96.7m 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.