Formula Swiss Medical ApS

CVR 42242306 · Private limited company (ApS) · Active · Very high risk

Formula Swiss Medical ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry engroshandel med læge- og hospitalsartikler. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -134k and a net result of DKK -214. CEO: Robin Roy Krigslund-Hansen.

Bankruptcy risk for Formula Swiss Medical 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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×

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
42242306
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Vesterbrogade 208
1800 Frederiksberg C
Municipality
Frederiksberg
Industry
Engroshandel med læge- og hospitalsartikler (464620)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-5,364.8%
Current ratio2%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address226
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0DKK 0
Net profitDKK -214DKK 159k
EquityDKK -134kDKK -133k
Total assetsDKK 2,492DKK 2,492
CashDKK 0–
Short-term debtDKK 136k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023227 Late
1 Jan 2022 – 31 Dec 2022177
18 Mar 2021 – 31 Dec 2021124

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
CEORobin Roy Krigslund-HansenCurrent
CEOHeinz Kvottrup Lorentzen
BoardHeinz Kvottrup Lorentzen
BoardRobin Roy Krigslund-Hansen
BoardDennis Farcinsen Leth
BoardPeter Møller Lassen
Owner (100%)Formula Swiss AGCurrent
Owner (10%)Dennis Farcinsen Leth
Owner (25%)LORENTZEN & NIELSEN ApS
Owner (50%)Formula Swiss AG
Owner (33%)Formula Swiss AG
Owner (20%)JuicyFields AG
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderDennis Farcinsen LethCurrent
FounderLORENTZEN & NIELSEN ApSCurrent
FounderFormula Swiss AGCurrent

The CEOs' other companies

Robin Roy Krigslund-Hansen – 6 other companies, of which 1 bankrupt

Heinz Kvottrup Lorentzen – 21 other companies, of which 2 bankrupt

Address history (1 moves)

Vesterbrogade 208, 1800 Frederiksberg C
Alsikevej 16, 8920 Randers NV

Former names

Formula Swiss Medical ApS – now
Formula Swiss Medic ApS –

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Formula Swiss Medical ApS

Has Formula Swiss Medical ApS gone bankrupt?

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

What is the bankruptcy risk of Formula Swiss Medical 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 Formula Swiss Medical ApS?

Robin Roy Krigslund-Hansen is the CEO of Formula Swiss Medical ApS.

When was Formula Swiss Medical ApS founded?

Formula Swiss Medical ApS was founded on 18 March 2021.

What is the equity of Formula Swiss Medical ApS?

Equity was DKK -134k 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.