Propaganda Kitchen ApS

CVR 42684597 · Private limited company (ApS) · Active · Medium risk

Propaganda Kitchen ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -242k and a net result of DKK -373k.

Bankruptcy risk for Propaganda Kitchen ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
42684597
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Grønningen 5, 3.
1270 København K
Municipality
København
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-10.0%
Current ratio97%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.3mDKK 3.5mDKK 3.2m
Net profitDKK -373kDKK 72kDKK 45k
EquityDKK -242kDKK 130kDKK 58k
Total assetsDKK 2.4mDKK 2.7mDKK 3.3m
CashDKK 550kDKK 1.0m–
Short-term debtDKK 1.1mDKK 1.0m–
Tax owedDKK 0DKK 43k–
Avg. employees87–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025149
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 202364
15 Sep 2021 – 31 Dec 202282

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
Owner (33%)SAFT HOLDING ApSCurrent
Owner (33%)R. Marcon Holding ApSCurrent
Owner (15%)Youra KimCurrent
Owner (15%)JTM-HOLDING ApSCurrent
Owner (33%)Riccardo Marcon
Owner (20%)JTM-HOLDING ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
FounderRiccardo MarconCurrent
FounderSAFT HOLDING ApSCurrent
FounderJTM-HOLDING ApSCurrent

Address history (1 moves)

Grønningen 5, 3., 1270 København K
Dronningens Tværgade 8A, 1302 København K

Former names

Propaganda Kitchen ApS – now
Pingpong Kitchen and Bottleshop ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Propaganda Kitchen ApS

Has Propaganda Kitchen ApS gone bankrupt?

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

What is the bankruptcy risk of Propaganda Kitchen ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the auditor of Propaganda Kitchen ApS?

Propaganda Kitchen ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Propaganda Kitchen ApS founded?

Propaganda Kitchen ApS was founded on 15 September 2021.

What is the equity of Propaganda Kitchen ApS?

Equity was DKK -242k 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.