Originate ApS

CVR 42819077 · Private limited company (ApS) · Active · Low risk

Originate ApS is a Private limited company (ApS), founded on , based in Holsted. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 163k and a net result of DKK 76k. CEO: Ove Hessellund Ovesen.

Bankruptcy risk for Originate ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
42819077
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Vestermarken 8
6670 Holsted
Municipality
Vejen
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio83.2%
Current ratio596%
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 year20252024
Gross profitDKK 97kDKK 18k
Net profitDKK 76kDKK 14k
EquityDKK 163kDKK 87k
Total assetsDKK 196kDKK 105k
CashDKK 52k–
Short-term debtDKK 33k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202545
1 Oct 2023 – 30 Sep 202439
1 Oct 2022 – 30 Sep 202339
8 Nov 2021 – 30 Sep 202242

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
CEOOve Hessellund OvesenCurrent
Owner (100%)Hessellund Ovesen ApSCurrent
FounderHessellund Ovesen ApSCurrent

The CEOs' other companies

Ove Hessellund Ovesen – 8 other companies

Address history (0 moves)

Vestermarken 8, 6670 Holsted

Other companies at the same address

Similar companies in Vejen

Questions and answers about Originate ApS

Has Originate ApS gone bankrupt?

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

What is the bankruptcy risk of Originate ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Originate ApS?

Ove Hessellund Ovesen is the CEO of Originate ApS.

Who is the auditor of Originate ApS?

Originate ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Originate ApS founded?

Originate ApS was founded on 8 November 2021.

What is the equity of Originate ApS?

Equity was DKK 163k according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.