Canine Development ApS

CVR 42092134 · Private limited company (ApS) · Active · Low risk

Canine Development ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 74k and a net result of DKK -182k. CEO: Jimmy Borch.

Bankruptcy risk for Canine Development ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
42092134
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Vestervej 26
8500 Grenaa
Municipality
Norddjurs
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio10.8%
Current ratio91%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.3mDKK 1.5mDKK 1.3m
Net profitDKK -182kDKK 54kDKK 303k
EquityDKK 74kDKK 256kDKK 702k
Total assetsDKK 682kDKK 896kDKK 1.0m
CashDKK 189kDKK 263k–
Short-term debtDKK 608kDKK 634k–
Tax owedDKK 0DKK 17k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202554
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 202280
27 Jan 2021 – 31 Dec 2021121

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
CEOJimmy BorchCurrent
Owner (100%)MONOSOFT Holding ApSCurrent
Owner (25%)Svend Aage Roperos Nielsen
Owner (25%)Ruben Jul Rasmussen
Owner (25%)John Hjerrild Sørensen
Owner (25%)MONOSOFT Holding ApS
FounderSvend Aage Roperos NielsenCurrent
FounderRuben Jul RasmussenCurrent
FounderJohn Hjerrild SørensenCurrent
FounderMONOSOFT Holding ApSCurrent

The CEOs' other companies

Jimmy Borch – 3 other companies

Address history (6 moves)

Vestervej 26, 8500 Grenaa
Fælleskær 54, 8500 Grenaa
Vestervej 26, 8500 Grenaa
Bavnehøjvej 4, 1. th, 8500 Grenaa
Romdrupvej 63B, 9270 Klarup
Kystvej 26, 8500 Grenaa
Djursgade 31, 8500 Grenaa

Other companies at the same address

Similar companies in Norddjurs

Questions and answers about Canine Development ApS

Has Canine Development ApS gone bankrupt?

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

What is the bankruptcy risk of Canine Development ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Canine Development ApS?

Jimmy Borch is the CEO of Canine Development ApS.

When was Canine Development ApS founded?

Canine Development ApS was founded on 27 January 2021.

What is the equity of Canine Development ApS?

Equity was DKK 74k 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.