Fora Projects ApS

CVR 42549487 · Private limited company (ApS) · Active · High risk

Fora Projects ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 4 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 -2.5m and a net result of DKK -287k. CEO: Carl Kai Rand.

Bankruptcy risk for Fora Projects ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
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×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Restated annual reports1 · 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
42549487
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Ahlmanns Alle 38
2900 Hellerup
Municipality
Gentofte
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-104,426.6%
Current ratio0%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -46kDKK -526k
Net profitDKK -287kDKK -766k
EquityDKK -2.5mDKK -2.2m
Total assetsDKK 2,417DKK 269k
CashDKK 2,417–
Short-term debtDKK 2.5m–
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 2025174
1 Jan 2024 – 31 Dec 2024190 Late
1 Jan 2023 – 31 Dec 2023186 Late
16 Jul 2021 – 31 Dec 2022191 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

RoleNameFromTo
CEOCarl Kai RandCurrent
CEOTheresa Rand
Owner (50%)Future Swells ApSCurrent
Owner (50%)Studio Theresa Rand ApSCurrent
Owner (10%)Michael Kiær Roloff
Owner (33%)Future Swells ApS
Owner (10%)Studio 0405 ApS
Owner (33%)Studio Theresa Rand ApS
Owner (10%)M.K. Roloff Holding ApS
FounderMichael Kiær RoloffCurrent
FounderFuture Swells ApSCurrent
FounderStudio 0405 ApSCurrent
FounderStudio Theresa Rand ApSCurrent

The CEOs' other companies

Carl Kai Rand – 12 other companies, of which 2 bankrupt

Theresa Rand – 2 other companies

Address history (2 moves)

Ahlmanns Alle 38, 2900 Hellerup
Esplanaden 14, st. tv, 1263 København K
Ahlmanns Alle 38, 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Fora Projects ApS

Has Fora Projects ApS gone bankrupt?

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

What is the bankruptcy risk of Fora Projects 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 Fora Projects ApS?

Carl Kai Rand is the CEO of Fora Projects ApS.

When was Fora Projects ApS founded?

Fora Projects ApS was founded on 16 July 2021.

What is the equity of Fora Projects ApS?

Equity was DKK -2.5m 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.