Snacks by Cortsen ApS

CVR 42953245 · Private limited company (ApS) · Active · Medium risk

Snacks by Cortsen ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry fremstilling af andre fødevarer i.a.n.. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 (31 Dec 2025) shows equity of DKK 115k and a net result of DKK -16k. CEO: Mads Krejberg Cortsen.

Bankruptcy risk for Snacks by Cortsen ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
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
42953245
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Lykkesholms Allé 38, 1. tv
1902 Frederiksberg C
Municipality
Frederiksberg
Industry
Fremstilling af andre fødevarer i.a.n. (108900)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital
DKK 150k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityNo
Equity ratio90.2%
Current ratio1,022%
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 -2,000––
Net profitDKK -16kDKK 0DKK -1,419
EquityDKK 115kDKK 131kDKK 131k
Total assetsDKK 127kDKK 132kDKK 132k
CashDKK 128DKK 132k–
Short-term debtDKK 12kDKK 1,419–
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 2025184 Late
1 Jan 2024 – 31 Dec 2024199 Late
1 Jan 2023 – 31 Dec 2023231 Late
3 Jan 2022 – 31 Dec 2022219 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
CEOMads Krejberg CortsenCurrent
Owner (100%)M. Cortsen Holding ApSCurrent
FounderM. Cortsen Holding ApSCurrent

The CEOs' other companies

Mads Krejberg Cortsen – 2 other companies

Address history (0 moves)

Lykkesholms Allé 38, 1. tv, 1902 Frederiksberg C

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Snacks by Cortsen ApS

Has Snacks by Cortsen ApS gone bankrupt?

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

What is the bankruptcy risk of Snacks by Cortsen ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Snacks by Cortsen ApS?

Mads Krejberg Cortsen is the CEO of Snacks by Cortsen ApS.

When was Snacks by Cortsen ApS founded?

Snacks by Cortsen ApS was founded on 3 January 2022.

What is the equity of Snacks by Cortsen ApS?

Equity was DKK 115k 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.