VAER Upcycled ApS
CVR 42993972 · Private limited company (ApS) · Active · Medium risk
VAER Upcycled ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 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 -44k and a net result of DKK -63k. CEO: Linda Egtved Olesen, Lili Dreyer, Emma Bak Hjortdal.
Bankruptcy risk for VAER Upcycled ApS
1.1 × the average (1.41%) · higher risk than 79% of active Danish companies
Increases the risk
Reduces the risk
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
- 42993972
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (4 years)
- Address
- Emblasgade 175
2100 København Ø - Municipality
- København
- Industry
- Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 40k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 4 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -80.4% |
| Current ratio | 54% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 399k | DKK 877k | DKK 588k |
| Gross profit | DKK 146k | DKK 405k | DKK 54k |
| Net profit | DKK -63k | DKK -13k | DKK 49k |
| Equity | DKK -44k | DKK -27k | DKK -13k |
| Total assets | DKK 55k | DKK 170k | DKK 44k |
| Cash | DKK 50k | DKK 157k | – |
| Short-term debt | DKK 99k | DKK 197k | – |
| Tax owed | DKK 0 | DKK 0 | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 180 | ||
| 1 Jan 2024 – 31 Dec 2024 | 185 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 182 | ||
| 19 Jan 2022 – 31 Dec 2022 | 182 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Linda Egtved Olesen | Current | |
| CEO | Lili Dreyer | Current | |
| CEO | Emma Bak Hjortdal | Current | |
| Owner (33%) | Lili Dreyer Holding ApS | Current | |
| Owner (33%) | Emma Hjortdal Holding ApS | Current | |
| Owner (25%) | Emma Hjortdal Holding ApS | ||
| Owner (25%) | Ellio Holding ApS | ||
| Owner (10%) | Julia Katharina Beyer | ||
| Founder | Emma Hjortdal Holding ApS | Current | |
| Founder | Ellio Holding ApS | Current | |
| Founder | Lili Dreyer Holding ApS | Current |
The CEOs' other companies
Linda Egtved Olesen – 1 other companies
- Ellio Holding ApS Opløst
Lili Dreyer – 1 other companies
- Lili Dreyer Holding ApS Active
Emma Bak Hjortdal – 1 other companies
- Emma Hjortdal Holding ApS Active
Address history (2 moves)
| Emblasgade 175, 2100 København Ø | |
| Ny Skelgårdsvej 17, 2770 Kastrup | |
| Amagerbrogade 148, 4. tv, 2300 København S |
Other companies at the same address
- Frederik Borbjerg Invest IVS Bankrupt
- Jacob Juul Holding ApS Active
- Karma Inc. ApS Active
- SOCIALØKONOMISK CYKELKOMPAGNI ApS Active
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Questions and answers about VAER Upcycled ApS
Has VAER Upcycled ApS gone bankrupt?
No, VAER Upcycled ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of VAER Upcycled ApS?
Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.
Who is the CEO of VAER Upcycled ApS?
Linda Egtved Olesen, Lili Dreyer, Emma Bak Hjortdal are the CEOs of VAER Upcycled ApS.
When was VAER Upcycled ApS founded?
VAER Upcycled ApS was founded on 19 January 2022.
What is the equity of VAER Upcycled ApS?
Equity was DKK -44k 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.