Espace ApS

CVR 42120618 · Private limited company (ApS) · Active · Very high risk

Espace ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 5 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (28 Feb 2026) shows equity of DKK -370k and a net result of DKK -215k. CEO: Kathrine Hansen.

Bankruptcy risk for Espace ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO changes4+ · bankruptcy rate 7.3%0.83×

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
42120618
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Dæmningen 10
2500 Valby
Municipality
København
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-106.5%
Current ratio37%
Moves (last 2 years)2
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK 84kDKK -21kDKK -63k
Net profitDKK -215kDKK -79kDKK -100k
EquityDKK -370kDKK -155kDKK -77k
Total assetsDKK 348kDKK 785kDKK 616k
CashDKK 0DKK 113k–
Short-term debtDKK 718kDKK 940k–
Avg. employees10–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Mar 2025 – 28 Feb 2026195 Late
1 Mar 2024 – 28 Feb 2025194 Late
1 Mar 2023 – 28 Feb 2024187 Late
1 Mar 2022 – 28 Feb 2023192 Late
11 Feb 2021 – 28 Feb 2022323 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
CEOKathrine HansenCurrent
CEOLars Andreas Hansen
CEOKathrine Hansen
CEOLars Andreas Hansen
Owner (100%)Kathrine HansenCurrent
Owner (25%)Eysbergh Holding ApS
FounderKathrine HansenCurrent
FounderEysbergh Holding ApSCurrent

The CEOs' other companies

Kathrine Hansen – 3 other companies, of which 1 bankrupt

Lars Andreas Hansen – 2 other companies

Address history (2 moves)

Dæmningen 10, 2500 Valby
Knuthenborgvej 11A, 2500 Valby
Annexstræde 29, st. tv, 2500 Valby

Former names

Espace ApS – now
BauArt Deco ApS –

Similar companies in København

Questions and answers about Espace ApS

Has Espace ApS gone bankrupt?

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

What is the bankruptcy risk of Espace ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of Espace ApS?

Kathrine Hansen is the CEO of Espace ApS.

When was Espace ApS founded?

Espace ApS was founded on 11 February 2021.

What is the equity of Espace ApS?

Equity was DKK -370k according to the annual report for the period ending 28 February 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.