Happiness By Design Aps
CVR 42380482 · Private limited company (ApS) · Active · High risk
Happiness By Design Aps is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -470k and a net result of DKK 58k. CEO: Morten Nüchel.
Bankruptcy risk for Happiness By Design Aps
3.2 × the average (1.41%) · higher risk than 91% of active Danish companies
Increases the risk
Reduces the risk
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
- 42380482
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Sct. Ibs Gade 18B
8800 Viborg - Municipality
- Viborg
- Industry
- Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 40k
- Auditor
- Rådgivning & Revision
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 5 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -339.2% |
| Current ratio | 128% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 374k | DKK 93k |
| Net profit | DKK 58k | DKK 19k |
| Equity | DKK -470k | DKK -529k |
| Total assets | DKK 139k | DKK 20k |
| Cash | DKK 13k | – |
| Short-term debt | DKK 109k | – |
| Avg. employees | 2 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Rådgivning & Revision.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 195 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 197 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 173 | ||
| 1 Jan 2022 – 31 Dec 2022 | 169 | ||
| 1 May 2021 – 31 Dec 2021 | 217 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Nüchel | Current | |
| CEO | Andreas Bjarni Rasmussen | ||
| Owner (100%) | Balboa Island Holding ApS | Current | |
| Owner (25%) | Andreas Bjarni Rasmussen | ||
| Owner (50%) | Otium Danmark ApS | ||
| Owner (15%) | Balboa Island Holding ApS | ||
| Owner (50%) | Andreas Bjarni Rasmussen | ||
| Owner (33%) | Balboa Island Holding ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | STATSAUTORISERET REVISIONSAKTIESELSKAB RÅDGIVNING & REVISION | ||
| Founder | Andreas Bjarni Rasmussen | Current | |
| Founder | Otium Danmark ApS | Current | |
| Founder | Balboa Island Holding ApS | Current |
The CEOs' other companies
Morten Nüchel – 4 other companies
- Balboa Island Holding ApS Active
- COPENHAGEN INTERACTIVE ApS Opløst
- L-F Universalservice ApS Opløst
- Tres Commas ApS Active
Andreas Bjarni Rasmussen – 3 other companies, of which 1 bankrupt
- KF Drift af 13. januar 2016 ApS Bankrupt 12 Dec 2017
- ABR Holding af 13. januar 2016 ApS Opløst
- Taiwa ApS Active
Address history (1 moves)
| Sct. Ibs Gade 18B, 8800 Viborg | |
| Mariane Thomsens Gade 1C, 3. 5, 8000 Aarhus C |
Former names
| Happiness By Design Aps | – now |
| Tradehub ApS | – |
Other companies at the same address
- Balboa Island Holding ApS Active
- Tres Commas ApS Active
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Questions and answers about Happiness By Design Aps
Has Happiness By Design Aps gone bankrupt?
No, Happiness By Design Aps is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Happiness By Design Aps?
Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.
Who is the CEO of Happiness By Design Aps?
Morten Nüchel is the CEO of Happiness By Design Aps.
Who is the auditor of Happiness By Design Aps?
Happiness By Design Aps most recently used Rådgivning & Revision.
When was Happiness By Design Aps founded?
Happiness By Design Aps was founded on 1 May 2021.
What is the equity of Happiness By Design Aps?
Equity was DKK -470k 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.