TerraPulse ApS

CVR 43228447 · Private limited company (ApS) · Active · Very high risk

TerraPulse ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -80k and a net result of DKK -58k. CEO: Jacob Frisch.

Bankruptcy risk for TerraPulse ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years3+ · bankruptcy rate 41.0%4.7×
Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Registered owners3 · bankruptcy rate 6.2%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Annual reports filed late3+ · bankruptcy rate 7.0%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
43228447
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Frisch, Hambros Alle 11C
2900 Hellerup
Municipality
Gentofte
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-779.3%
Current ratio11%
Moves (last 2 years)3
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -35kDKK -36kDKK -9,829
Net profitDKK -58kDKK -37kDKK -12k
EquityDKK -80kDKK -23kDKK 15k
Total assetsDKK 10kDKK 29kDKK 20k
CashDKK 1,053––
Short-term debtDKK 91kDKK 52k–
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 2025214 Late
1 Jan 2024 – 31 Dec 2024212 Late
1 Jan 2023 – 31 Dec 2023194 Late
28 Apr 2022 – 31 Dec 2022187 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
CEOJacob FrischCurrent
CEOBo Rigmond Sattrup
CEOUlrich Hejle
Owner (33%)JF Consolidated ApSCurrent
Owner (33%)CPH Nordic ApSCurrent
Owner (33%)Knappocalypse Group ApSCurrent
Owner (50%)Selskabet af 13. marts 2025 ApS
Owner (50%)EJENDOMSAKTIESELSKABET OIKOS
Owner (50%)WI Fonden ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderSelskabet af 13. marts 2025 ApSCurrent
FounderEJENDOMSAKTIESELSKABET OIKOSCurrent

The CEOs' other companies

Jacob Frisch – 4 other companies

Bo Rigmond Sattrup – 47 other companies, of which 9 bankrupt

Ulrich Hejle – 22 other companies, of which 4 bankrupt

Address history (3 moves)

c/o Frisch, Hambros Alle 11C, 2900 Hellerup
Tingskiftevej 5, 2900 Hellerup
Esplanaden 34A, st., 1263 København K
Kongens Nytorv 28, 1., 1050 København K

Former names

TerraPulse ApS – now
Formidlingsanpartsselskabet –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about TerraPulse ApS

Has TerraPulse ApS gone bankrupt?

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

What is the bankruptcy risk of TerraPulse ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of TerraPulse ApS?

Jacob Frisch is the CEO of TerraPulse ApS.

Who is the auditor of TerraPulse ApS?

TerraPulse ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was TerraPulse ApS founded?

TerraPulse ApS was founded on 28 April 2022.

What is the equity of TerraPulse ApS?

Equity was DKK -80k 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.