Source2Sea A/S

CVR 42671223 · Public limited company (A/S) · Active · High risk

Source2Sea A/S is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 3.0m and a net result of DKK -33.0m.

Bankruptcy risk for Source2Sea A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
42671223
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
Amagerfælledvej 106
2300 København S
Municipality
København
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 507k
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio13.6%
Current ratio62%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address48
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -11.2mDKK -14.0mDKK -20.6m
Net profitDKK -33.0mDKK -35.5mDKK -42.0m
EquityDKK 3.0mDKK 11.0mDKK 11.5m
Total assetsDKK 22.2mDKK 28.9mDKK 38.7m
Short-term debtDKK 19.2mDKK 17.9m–
Avg. employees2222–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023156
8 Sep 2021 – 31 Dec 2022145

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
BoardAnders SkipperCurrent
BoardMichael Mørk HansenCurrent
BoardWilliam Joseph HanenbergCurrent
BoardJens Holger Nielsen
Owner (100%)WRIST SHIP SUPPLY A/SCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderWRIST SHIP SUPPLY A/SCurrent

Address history (3 moves)

Amagerfælledvej 106, 2300 København S
Amagerfælledvej 106, 2300 København S
Kanalholmen 1, 2650 Hvidovre
Stigsborgvej 60, 9400 Nørresundby

Other companies at the same address

Similar companies in København

Questions and answers about Source2Sea A/S

Has Source2Sea A/S gone bankrupt?

No, Source2Sea A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Source2Sea A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of Source2Sea A/S?

Source2Sea A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Source2Sea A/S founded?

Source2Sea A/S was founded on 8 September 2021.

What is the equity of Source2Sea A/S?

Equity was DKK 3.0m 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.