Footbalance System Denmark ApS
CVR 43043625 · Private limited company (ApS) · Active · Medium risk
Footbalance System Denmark ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 4 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.3m and a net result of DKK 42k. CEO: Morten Israelsen.
Bankruptcy risk for Footbalance System Denmark ApS
1.3 × the average (1.41%) · higher risk than 82% 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
- 43043625
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (4 years)
- Address
- c/o Redmark, Dirch Passers Allé 76
2000 Frederiksberg - Municipality
- Frederiksberg
- Industry
- Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 40k
- Auditor
- Redmark, Godkendt Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 4 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -1,630.1% |
| Current ratio | 6% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 133 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 2.0m | DKK 2.3m | DKK 2.0m |
| Net profit | DKK 42k | DKK 123k | DKK 93k |
| Equity | DKK -1.3m | DKK -1.3m | DKK -1.4m |
| Total assets | DKK 77k | DKK 20k | DKK 46k |
| Cash | DKK 71k | DKK 834 | – |
| Short-term debt | DKK 1.3m | DKK 1.3m | – |
| Avg. employees | 2 | 2 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 112 | ||
| 1 Jan 2024 – 31 Dec 2024 | 181 | ||
| 1 Jan 2023 – 31 Dec 2023 | 190 | Late | |
| 2 Feb 2022 – 31 Dec 2022 | 213 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Israelsen | Current | |
| CEO | Niina Susanna Kinnunen | ||
| CEO | Klaus Rauhansalo | ||
| Board | Erkki Juhani Hakkala | Current | |
| Board | Klaus Rauhansalo | ||
| Owner (100%) | Footbalance System Oy | Current | |
| Founder | Footbalance System Oy | Current |
The CEOs' other companies
Morten Israelsen – 2 other companies
- FAMIS INVEST ApS Active
- MI INVEST ApS Active
Address history (1 moves)
| c/o Redmark, Dirch Passers Allé 76, 2000 Frederiksberg | |
| c/o Horten Advokatpartnerselskab, Philip Heymans Alle 7, 2900 Hellerup |
Other companies at the same address
- EJENDOMSSELSKABET VIBORG ApS Bankrupt
- EV PANTEBREVE ApS Bankrupt
- IKM Byg ApS Bankrupt
- NOTLIM A/S Bankrupt
- 8299 A/S Active
- A.J. AAMUND A/S Active
- ACM Vestergaard Holding ApS Opløst
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- Amager Strand Ejendomme A/S Fusioneret
- Biogasudviklingsselskabet af 2022 ApS Active
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- CBW Memmora Invest ApS Opløst
- CL NR. 1 ApS Fusioneret
- CM Fiskeadministration ApS Active
- CWL Invest ApS Opløst
- Carl RE Holding Komplementar ApS Active
- Carl RE Komplementar ApS Active
- Cloudator ApS Opløst
- DANISH REAL ESTATE CREDIT I GENERAL PARTNER ApS Active
- DANLINK INTERNATIONAL ApS Active
- DARSCARE HOLDING ApS Fusioneret
- DAVID SIM HOLDING ApS Active
- DEAS Asset Management II A/S Opløst
- DEAS EJENDOMSMÆGLERSELSKAB A/S Opløst
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Questions and answers about Footbalance System Denmark ApS
Has Footbalance System Denmark ApS gone bankrupt?
No, Footbalance System Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Footbalance System Denmark ApS?
Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the CEO of Footbalance System Denmark ApS?
Morten Israelsen is the CEO of Footbalance System Denmark ApS.
Who is the auditor of Footbalance System Denmark ApS?
Footbalance System Denmark ApS most recently used Redmark, Godkendt Revisionspartnerselskab.
When was Footbalance System Denmark ApS founded?
Footbalance System Denmark ApS was founded on 2 February 2022.
What is the equity of Footbalance System Denmark ApS?
Equity was DKK -1.3m 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.