swapped ApS

CVR 42865397 · Private limited company (ApS) · Active · Low risk

swapped ApS is a Private limited company (ApS), founded on , based in Brabrand. The company is registered in the industry værdipapir- og varemægling. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 4.9m and a net result of DKK 3.8m. CEO: Thomas Franklin.

Bankruptcy risk for swapped ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
42865397
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Rosbjergvej 22A
8220 Brabrand
Municipality
Aarhus
Industry
Værdipapir- og varemægling (661200)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 116k
Auditor
Lorentzen & Partners, Statsautoriserede Revisorer ApS
Audit opted out
No

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityNo
Equity ratio58.2%
Current ratio363%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.4mDKK 2.8mDKK 197k
Net profitDKK 3.8mDKK 2.1mDKK 151k
EquityDKK 4.9mDKK 2.4mDKK 195k
Total assetsDKK 8.4mDKK 10.5mDKK 264k
CashDKK 445kDKK 432k–
Short-term debtDKK 2.3mDKK 7.5m–
Tax owedDKK 187kDKK 35k–
Avg. employees1––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Lorentzen &amp; Partners, Statsautoriserede Revisorer ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025199 Late
1 Jul 2023 – 30 Jun 2024205 Late
1 Jul 2022 – 30 Jun 2023199 Late
23 Nov 2021 – 30 Jun 2022204 Late

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
CEOThomas FranklinCurrent
CEOJonathan Conrad Bau
Owner (100%)swapped Holding ApSCurrent
Owner (50%)Jonathan Conrad Bau
Owner (50%)Scandinavian Holdings ApS
Owner (50%)consultantship it services ltd
Owner (20%)Jonathan Conrad Bau
Owner (50%)consultantship it services ltd
Owner (5%)Felix Michael Römer
Owner (20%)Jonathan Conrad Bau
Owner (50%)consultantship it services ltd
Owner (5%)Felix Michael Römer
Owner (50%)consultantship it services ltd
Owner (10%)Felix Michael Römer
Owner (20%)Jonathan Conrad Bau
Owner (50%)consultantship it services ltd
Owner (5%)Fips Holding B.V.
Owner (33%)consultantship it services ltd
Owner (10%)Shorely PTE Limited
Owner (20%)Shorely PTE Limited
Owner (33%)consultantship it services ltd
Owner (20%)Jonathan Conrad Bau
Owner (15%)Jonathan Conrad Bau
Owner (5%)Beugg Family Office LLC
Owner (33%)consultantship it services ltd
Owner (5%)Denwena Limited
Owner (20%)consultantship it services ltd
Owner (20%)Beugg Family Office LLC
Owner (20%)consultantship it services ltd
Owner (5%)Thomas Edward Christopher Rowe
Owner (5%)Denwena Limited
Owner (15%)Jonathan Conrad Bau
Owner (15%)consultantship it services ltd
Owner (20%)Shorely PTE Limited
Owner (15%)Beugg Family Office LLC
Owner (5%)Denwena Limited
Owner (10%)Easygo Entertainment Pty Ltd
Owner (20%)Felix Michael Römer
Owner (10%)Jonathan Conrad Bau
Owner (20%)Beugg Family Office LLC
Owner (5%)Jonathan Conrad Bau
Owner (20%)consultantship it services ltd
Owner (20%)Thomas Franklin
Owner (15%)Felix Michael Römer
Owner (15%)Beugg Family Office LLC
Owner (15%)Easygo Entertainment Pty Ltd
Owner (25%)Thomas Franklin
Owner (20%)Felix Michael Römer
Owner (25%)Franklin Capital ApS
Owner (20%)Beugg Family Office LLC
Owner (20%)Easygo Entertainment Pty Ltd
AuditorLorentzen & Partners, Statsautoriserede Revisorer ApSCurrent
FounderJonathan Conrad BauCurrent
FounderScandinavian Holdings ApSCurrent

The CEOs' other companies

Thomas Franklin – 2 other companies

Jonathan Conrad Bau – 4 other companies, of which 1 bankrupt

Address history (2 moves)

Rosbjergvej 22A, 8220 Brabrand
Rosbjergvej 22A, 8220 Brabrand
Rosbjergvej 58S, 8220 Brabrand

Former names

swapped ApS – now
BitInvestor ApS –

Other companies at the same address

Similar companies in Aarhus

Questions and answers about swapped ApS

Has swapped ApS gone bankrupt?

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

What is the bankruptcy risk of swapped ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of swapped ApS?

Thomas Franklin is the CEO of swapped ApS.

Who is the auditor of swapped ApS?

swapped ApS most recently used Lorentzen & Partners, Statsautoriserede Revisorer ApS.

When was swapped ApS founded?

swapped ApS was founded on 23 November 2021.

What is the equity of swapped ApS?

Equity was DKK 4.9m according to the annual report for the period ending 30 June 2025.

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