KRADS ApS

CVR 42835560 · Private limited company (ApS) · Active · Low risk

KRADS ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry arkitektaktiviteter. Our model estimates a bankruptcy risk of 0.6% 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 60k and a net result of DKK 32. CEO: Kristján Örn Kjartansson.

Bankruptcy risk for KRADS ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
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×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
42835560
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Sturlasgade 14B, 2. th
2300 København S
Municipality
København
Industry
Arkitektaktiviteter (711100)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio31.8%
Current ratio140%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address45
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 715kDKK 672kDKK 533k
Net profitDKK 32DKK 23kDKK 1,736
EquityDKK 60kDKK 60kDKK 37k
Total assetsDKK 188kDKK 250kDKK 106k
CashDKK 105kDKK 146k–
Short-term debtDKK 128kDKK 190k–
Tax owedDKK 1,496DKK 6,871–
Avg. employees11–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023179
2 Nov 2021 – 31 Dec 2022177

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
CEOKristján Örn KjartanssonCurrent
Owner (100%)KRADS ehfCurrent
FounderKRADS ehfCurrent

Address history (2 moves)

Sturlasgade 14B, 2. th, 2300 København S
Nørrebrogade 184, 2200 København N
Njalsgade 17A, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about KRADS ApS

Has KRADS ApS gone bankrupt?

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

What is the bankruptcy risk of KRADS ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of KRADS ApS?

Kristján Örn Kjartansson is the CEO of KRADS ApS.

When was KRADS ApS founded?

KRADS ApS was founded on 2 November 2021.

What is the equity of KRADS ApS?

Equity was DKK 60k 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.