Groundwork Studio ApS

CVR 43044966 · Private limited company (ApS) · Active · Low risk

Groundwork Studio ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 287k and a net result of DKK 170k.

Bankruptcy risk for Groundwork Studio ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43044966
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Hovmarksvej 34
2920 Charlottenlund
Municipality
Gentofte
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio52.6%
Current ratio211%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 549kDKK 218kDKK 375k
Net profitDKK 170kDKK 136kDKK 276k
EquityDKK 287kDKK 267kDKK 331k
Total assetsDKK 545kDKK 308kDKK 463k
CashDKK 538kDKK 302k–
Short-term debtDKK 259kDKK 41k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
1 Jan 2024 – 31 Dec 202492
1 Jan 2023 – 31 Dec 202351
8 Feb 2022 – 31 Dec 2022107

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
Owner (100%)Manifold Holding ApSCurrent
FounderManifold Holding ApSCurrent

Address history (2 moves)

Hovmarksvej 34, 2920 Charlottenlund
Islands Brygge 79C, 3. th, 2300 København S
Sturlasgade 10, 2. tv, 2300 København S

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Groundwork Studio ApS

Has Groundwork Studio ApS gone bankrupt?

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

What is the bankruptcy risk of Groundwork Studio ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

When was Groundwork Studio ApS founded?

Groundwork Studio ApS was founded on 8 February 2022.

What is the equity of Groundwork Studio ApS?

Equity was DKK 287k 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.