Culture Shock ApS

CVR 42580597 · Private limited company (ApS) · Active · Medium risk

Culture Shock ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry detailhandel med drikkevarer. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 38k and a net result of DKK 52k. CEO: Mads Engelund.

Bankruptcy risk for Culture Shock ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
42580597
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Greisvej 21, 1. th
2300 København S
Municipality
København
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 4
Missing annual reportNo
Negative equityNo
Equity ratio7.1%
Current ratio107%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 86kDKK 116kDKK -54k
Net profitDKK 52kDKK 83kDKK -104k
EquityDKK 38kDKK -14kDKK -96k
Total assetsDKK 532kDKK 459kDKK 392k
CashDKK 74kDKK 12k–
Short-term debtDKK 494kDKK 473k–
Tax owedDKK 6,664––
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025153
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023178
4 Aug 2021 – 31 Dec 2022181

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
CEOMads EngelundCurrent
Owner (100%)Mads EngelundCurrent
FounderMads EngelundCurrent

The CEOs' other companies

Mads Engelund – 1 other companies

Address history (0 moves)

Greisvej 21, 1. th, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about Culture Shock ApS

Has Culture Shock ApS gone bankrupt?

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

What is the bankruptcy risk of Culture Shock ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Culture Shock ApS?

Mads Engelund is the CEO of Culture Shock ApS.

When was Culture Shock ApS founded?

Culture Shock ApS was founded on 4 August 2021.

What is the equity of Culture Shock ApS?

Equity was DKK 38k 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.