COREESTATE ApS

CVR 42809888 · Private limited company (ApS) · Active · High risk

COREESTATE ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 4 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -312k and a net result of DKK -18k. CEO: Kristaps Cuders.

Bankruptcy risk for COREESTATE ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Capital changes1 · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · 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
42809888
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Kristaps Cuders, Fredericiagade 52, 1.
7100 Vejle
Municipality
Vejle
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 62k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-543.9%
Current ratio–
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Revenue–DKK 0
Gross profitDKK -18kDKK 0
Net profitDKK -18kDKK -164k
EquityDKK -312kDKK -293k
Total assetsDKK 57kDKK 58k
CashDKK 2,083–
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 202563
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023190 Late
5 Nov 2021 – 31 Dec 2022158

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
CEOKristaps CudersCurrent
BoardKristaps CudersCurrent
BoardMartins SpelmanisCurrent
BoardSanta Krieva
Owner (33%)TKKC Holding SIACurrent
Owner (33%)TKMS Holding SIACurrent
Owner (33%)Kristaps Cuders
Owner (33%)Martins Spelmanis
Owner (33%)Santa Krieva
Owner (25%)TKSK Holding SIA
FounderKristaps CudersCurrent
FounderMartins SpelmanisCurrent
FounderSanta KrievaCurrent

The CEOs' other companies

Kristaps Cuders – 3 other companies

Address history (2 moves)

c/o Kristaps Cuders, Fredericiagade 52, 1., 7100 Vejle
c/o AI Innovation House, Innovations Allé 3, 7100 Vejle
c/o Kristaps Cuders, Fredericiagade 52, 1., 7100 Vejle

Other companies at the same address

Similar companies in Vejle

Questions and answers about COREESTATE ApS

Has COREESTATE ApS gone bankrupt?

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

What is the bankruptcy risk of COREESTATE ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of COREESTATE ApS?

Kristaps Cuders is the CEO of COREESTATE ApS.

When was COREESTATE ApS founded?

COREESTATE ApS was founded on 5 November 2021.

What is the equity of COREESTATE ApS?

Equity was DKK -312k 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.