Twicetheadvice ApS

CVR 42339741 · Private limited company (ApS) · Active · Low risk

Twicetheadvice ApS is a Private limited company (ApS), founded on , based in Store Merløse. The company is registered in the industry detailhandel med drikkevarer. 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 -82k and a net result of DKK -17k. CEO: Michael Fog.

Bankruptcy risk for Twicetheadvice ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%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×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
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
42339741
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Hammershusvej 27
4370 Store Merløse
Municipality
Holbæk
Industry
Detailhandel med drikkevarer (472500)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-2,351.3%
Current ratio4%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -17kDKK -72k
Net profitDKK -17kDKK -73k
EquityDKK -82kDKK -64k
Total assetsDKK 3,479DKK 11k
CashDKK 759–
Short-term debtDKK 85k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202559
1 Jan 2024 – 31 Dec 202484
1 Jan 2023 – 31 Dec 202367
1 Jan 2022 – 31 Dec 202252
26 Apr 2021 – 31 Dec 202182

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 FogCurrent
CEOMichael Fog
Owner (100%)AWESOME HOLDING ApSCurrent
Owner (50%)Rasmus Riber Sundgaard
FounderRasmus Riber SundgaardCurrent
FounderAWESOME HOLDING ApSCurrent

The CEOs' other companies

Michael Fog – 4 other companies

Address history (2 moves)

Hammershusvej 27, 4370 Store Merløse
Kjærgårds Vænge 21, 4330 Hvalsø
Sirius Alle 47, 3500 Værløse

Former names

Twicetheadvice ApS – now
Craftspirits ApS –

Other companies at the same address

Similar companies in Holbæk

Questions and answers about Twicetheadvice ApS

Has Twicetheadvice ApS gone bankrupt?

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

What is the bankruptcy risk of Twicetheadvice 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 Twicetheadvice ApS?

Michael Fog is the CEO of Twicetheadvice ApS.

When was Twicetheadvice ApS founded?

Twicetheadvice ApS was founded on 26 April 2021.

What is the equity of Twicetheadvice ApS?

Equity was DKK -82k 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.