Padel iQ ApS

CVR 43111590 · Private limited company (ApS) · Active · Medium risk

Padel iQ ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry anden udgivelse af software. 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. The latest annual report (31 Dec 2025) shows equity of DKK 4.7m and a net result of DKK 406k. CEO: Morten Wiegandt.

Bankruptcy risk for Padel iQ ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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 auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Capital changes3+ · bankruptcy rate 6.2%0.70×

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
43111590
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Symbion, Fruebjergvej 3
2100 København Ø
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 213k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityNo
Equity ratio69.3%
Current ratio28%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address611
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.3mDKK 1.3mDKK -732k
Net profitDKK 406kDKK -401kDKK -2.2m
EquityDKK 4.7mDKK 3.4mDKK 2.4m
Total assetsDKK 6.9mDKK 4.8mDKK 3.6m
CashDKK 293kDKK 14k–
Short-term debtDKK 1.0mDKK 980k–
Avg. employees32–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023182
7 Mar 2022 – 31 Dec 2022173

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
CEOMorten WiegandtCurrent
Owner (15%)WIEGANDT HOLDING ApSCurrent
Owner (50%)SportyFriends ApSCurrent
Owner (10%)Wide-Angle Management B.V.Current
Owner (5%)Wide-Angle Management B.V.
FounderWIEGANDT HOLDING ApSCurrent

The CEOs' other companies

Morten Wiegandt – 6 other companies

Address history (2 moves)

c/o Symbion, Fruebjergvej 3, 2100 København Ø
c/o Morten Wiegandt, Schallsvej 12A, 2800 Kongens Lyngby
c/o Morten Wiegandt, Langelinie Allé 5, 2. 5, 2100 København Ø

Other companies at the same address

Similar companies in København

Questions and answers about Padel iQ ApS

Has Padel iQ ApS gone bankrupt?

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

What is the bankruptcy risk of Padel iQ 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 Padel iQ ApS?

Morten Wiegandt is the CEO of Padel iQ ApS.

When was Padel iQ ApS founded?

Padel iQ ApS was founded on 7 March 2022.

What is the equity of Padel iQ ApS?

Equity was DKK 4.7m 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.