The White Box Ventures ApS

CVR 42647209 · Private limited company (ApS) · Active · Low risk

The White Box Ventures ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.9m and a net result of DKK 1.3m. CEO: Claus Hyldgaard, Christian Rosenkilde Christensen.

Bankruptcy risk for The White Box Ventures ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
42647209
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Bitsovvej 2
7400 Herning
Municipality
Herning
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio81.1%
Current ratio285%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies4
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.7mDKK -842kDKK 333k
Net profitDKK 1.3mDKK -760kDKK 254k
EquityDKK 3.9mDKK 2.6mDKK 1.8m
Total assetsDKK 4.8mDKK 3.8mDKK 3.0m
CashDKK 5,492DKK 5,057–
Short-term debtDKK 754kDKK 1.2m–
Tax owedDKK 65k––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023161
6 Jul 2021 – 31 Dec 2022122

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
CEOClaus HyldgaardCurrent
CEOChristian Rosenkilde ChristensenCurrent
CEOChristian Rosenkilde Christensen
CEOMartin Skov Hansen
Owner (100%)The White Box A/SCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderThe White Box A/SCurrent

The CEOs' other companies

Claus Hyldgaard – 29 other companies, of which 4 bankrupt

Christian Rosenkilde Christensen – 27 other companies

Martin Skov Hansen – 21 other companies

Address history (1 moves)

Bitsovvej 2, 7400 Herning
Birk Centerpark 40, 7400 Herning

Former names

The White Box Ventures ApS – now
TWB Management ApS –

Other companies at the same address

Similar companies in Herning

Questions and answers about The White Box Ventures ApS

Has The White Box Ventures ApS gone bankrupt?

No, The White Box Ventures ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of The White Box Ventures ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of The White Box Ventures ApS?

Claus Hyldgaard, Christian Rosenkilde Christensen are the CEOs of The White Box Ventures ApS.

Who is the auditor of The White Box Ventures ApS?

The White Box Ventures ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was The White Box Ventures ApS founded?

The White Box Ventures ApS was founded on 6 July 2021.

What is the equity of The White Box Ventures ApS?

Equity was DKK 3.9m 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.