Application Capital ApS

CVR 43061321 · Private limited company (ApS) · Active · High risk

Application Capital ApS is a Private limited company (ApS), founded on , based in Kalundborg. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 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 -28k and a net result of DKK 90k.

Bankruptcy risk for Application Capital ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Return on assets15%+ · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Registered owners3 · bankruptcy rate 6.2%0.71×
Capital changes1 · 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
43061321
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Holbækvej 109
4400 Kalundborg
Municipality
Kalundborg
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 21k
Auditor
Baker Tilly Denmark
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-61.8%
Current ratio62%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -58kDKK -32kDKK -31k
Net profitDKK 90kDKK -32kDKK -31k
EquityDKK -28kDKK -117kDKK -85k
Total assetsDKK 45kDKK 43kDKK 39k
CashDKK 3DKK 4,191–
Short-term debtDKK 73kDKK 160k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025194 Late
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023179
16 Feb 2022 – 31 Dec 2022197 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
CEOKenneth Barenkop Larsen
Owner (33%)Mark Kebble FiilCurrent
Owner (33%)Nordic Consult Holding ApSCurrent
Owner (33%)KBL Invest 2020 ApSCurrent
FounderMark Kebble FiilCurrent
FounderNordic Consult Holding ApSCurrent
FounderKBL Invest 2020 ApSCurrent

The CEOs' other companies

Kenneth Barenkop Larsen – 8 other companies, of which 5 bankrupt

Address history (0 moves)

Holbækvej 109, 4400 Kalundborg

Other companies at the same address

Similar companies in Kalundborg

Questions and answers about Application Capital ApS

Has Application Capital ApS gone bankrupt?

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

What is the bankruptcy risk of Application Capital ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the auditor of Application Capital ApS?

Application Capital ApS most recently used Baker Tilly Denmark.

When was Application Capital ApS founded?

Application Capital ApS was founded on 16 February 2022.

What is the equity of Application Capital ApS?

Equity was DKK -28k 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.