CODE of Denmark ApS

CVR 42139262 · Private limited company (ApS) · Active · Low risk

CODE of Denmark ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry engroshandel med tekstiler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 255k and a net result of DKK 148k.

Bankruptcy risk for CODE of Denmark ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
42139262
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Sundhøjhuse 12
5700 Svendborg
Municipality
Svendborg
Industry
Engroshandel med tekstiler (464100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio53.2%
Current ratio214%
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 992kDKK 822kDKK 635k
Net profitDKK 148kDKK 94kDKK -1,745
EquityDKK 255kDKK 156kDKK 63k
Total assetsDKK 479kDKK 627kDKK 275k
CashDKK 112kDKK 88k–
Short-term debtDKK 224kDKK 470k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202579
1 Jan 2024 – 31 Dec 202429
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 202280
18 Feb 2021 – 31 Dec 202194

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
Owner (33%)SICO Holding Svendborg ApSCurrent
Owner (50%)CODE of Denmark Holding ApSCurrent
Owner (100%)SICO Holding Svendborg ApS
Owner (25%)SICO Holding Svendborg ApS
Owner (67%)CODE of Denmark Holding ApS
Owner (100%)CODE of Denmark Holding ApS
AuditorREVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorLLM STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderSICO Holding Svendborg ApSCurrent

Address history (1 moves)

Sundhøjhuse 12, 5700 Svendborg
Killerupgade 16P tv, 5220 Odense SØ

Other companies at the same address

Similar companies in Svendborg

Questions and answers about CODE of Denmark ApS

Has CODE of Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of CODE of Denmark ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the auditor of CODE of Denmark ApS?

CODE of Denmark ApS most recently used REVISION & RÅD STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CODE of Denmark ApS founded?

CODE of Denmark ApS was founded on 18 February 2021.

What is the equity of CODE of Denmark ApS?

Equity was DKK 255k 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.