AppCode ApS

CVR 42148067 · Private limited company (ApS) · Active · Low risk

AppCode ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 514k and a net result of DKK 469k. CEO: Michael Thyregaard Andreasen.

Bankruptcy risk for AppCode ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
42148067
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Sehestedsvej 5
8700 Horsens
Municipality
Horsens
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio94.9%
Current ratio1,962%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 615kDKK 615k
Net profitDKK 469kDKK 468k
EquityDKK 514kDKK 516k
Total assetsDKK 542kDKK 537k
CashDKK 168k–
Short-term debtDKK 28k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202586
1 Jan 2024 – 31 Dec 202470
1 Jan 2023 – 31 Dec 202346
1 Jan 2022 – 31 Dec 202247
1 Jan 2021 – 31 Dec 202196

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
CEOMichael Thyregaard AndreasenCurrent
Owner (100%)AppCore Invest ApSCurrent
Owner (100%)Michael Thyregaard Andreasen
FounderMichael Thyregaard AndreasenCurrent

The CEOs' other companies

Michael Thyregaard Andreasen – 1 other companies

Address history (0 moves)

Sehestedsvej 5, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about AppCode ApS

Has AppCode ApS gone bankrupt?

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

What is the bankruptcy risk of AppCode ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of AppCode ApS?

Michael Thyregaard Andreasen is the CEO of AppCode ApS.

When was AppCode ApS founded?

AppCode ApS was founded on 11 February 2021.

What is the equity of AppCode ApS?

Equity was DKK 514k 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.