10R Circular Office ApS

CVR 42871346 · Private limited company (ApS) · Active · Low risk

10R Circular Office ApS is a Private limited company (ApS), founded on , based in Brædstrup. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 1.7m and a net result of DKK 766k. CEO: Jacob Hansen.

Bankruptcy risk for 10R Circular Office ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
42871346
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Vestergade 30
8740 Brædstrup
Municipality
Horsens
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 60k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio69.2%
Current ratio319%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.4mDKK 1.8mDKK 1.4m
Net profitDKK 766kDKK 317kDKK 266k
EquityDKK 1.7mDKK 930kDKK 613k
Total assetsDKK 2.5mDKK 1.5mDKK 1.5m
CashDKK 53kDKK 35k–
Short-term debtDKK 755kDKK 612k–
Tax owedDKK 250kDKK 112k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023185 Late
1 Dec 2021 – 31 Dec 2022181

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
CEOJacob HansenCurrent
Owner (50%)JH Equity ApSCurrent
Owner (33%)T. Therkelsen Holding ApSCurrent
Owner (10%)Thomas Skjoldborg Therkelsen
Owner (90%)JH Equity ApS
Owner (10%)T. Therkelsen Holding ApS
FounderThomas Skjoldborg TherkelsenCurrent
FounderJH Equity ApSCurrent

The CEOs' other companies

Jacob Hansen – 4 other companies

Address history (1 moves)

Vestergade 30, 8740 Brædstrup
Ring Søpark 37, 8740 Brædstrup

Other companies at the same address

Similar companies in Horsens

Questions and answers about 10R Circular Office ApS

Has 10R Circular Office ApS gone bankrupt?

No, 10R Circular Office ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 10R Circular Office ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of 10R Circular Office ApS?

Jacob Hansen is the CEO of 10R Circular Office ApS.

Who is the auditor of 10R Circular Office ApS?

10R Circular Office ApS most recently used Beierholm.

When was 10R Circular Office ApS founded?

10R Circular Office ApS was founded on 1 December 2021.

What is the equity of 10R Circular Office ApS?

Equity was DKK 1.7m 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.