Circular Movement ApS

CVR 43311042 · Private limited company (ApS) · Active · Very high risk

Circular Movement ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2024) shows equity of DKK 297k and a net result of DKK 98k. CEO: Simon Løhndorf Holse.

Bankruptcy risk for Circular Movement ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Missed filing deadlines1 · bankruptcy rate 34.0%3.9×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
43311042
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o simon holse, Linnésgade 14, 2. th
1361 København K
Municipality
København
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Auditor
DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportYes
Negative equityNo
Equity ratio20.2%
Current ratio116%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies2
Other companies at the address23
Going-concern uncertaintyNo

Financials and key figures

Financial year20242023
Gross profitDKK 1.3mDKK 3.1m
Net profitDKK 98kDKK 147k
EquityDKK 297kDKK 199k
Total assetsDKK 1.5mDKK 1.1m
CashDKK 182k–
Short-term debtDKK 1.1m–
Tax owedDKK 63k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Revisionsfirmaet W. Bach Nørgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2024 – 31 Dec 2024116
1 Jan 2023 – 31 Dec 202360
3 Jun 2022 – 31 Dec 2022145

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
CEOSimon Løhndorf HolseCurrent
CEOSimon Løhndorf Holse
Owner (50%)Simon Løhndorf Holse Holding ApSCurrent
Owner (50%)JBE Invest ApSCurrent
Owner (15%)JBE Invest ApS
Owner (15%)CPHansen Holding ApS
Owner (15%)Christoffer Diget Holding ApS
Owner (25%)JBE Invest ApS
Owner (15%)Circular Movement ApS
AuditorDANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorRevisionsfimaet W. Bach Nørgaard v/Peter Krog Christoffersen
FounderJBE Invest ApSCurrent
FounderSimon Løhndorf Holse Holding ApSCurrent
FounderCPHansen Holding ApSCurrent
FounderChristoffer Diget Holding ApSCurrent

The CEOs' other companies

Simon Løhndorf Holse – 3 other companies, of which 2 bankrupt

Address history (1 moves)

c/o simon holse, Linnésgade 14, 2. th, 1361 København K
c/o Simon Løhndorf Holse, Sankt Annæ Gade 26, st. th, 1416 København K

Other companies at the same address

Similar companies in København

Questions and answers about Circular Movement ApS

Has Circular Movement ApS gone bankrupt?

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

What is the bankruptcy risk of Circular Movement 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 Circular Movement ApS?

Simon Løhndorf Holse is the CEO of Circular Movement ApS.

Who is the auditor of Circular Movement ApS?

Circular Movement ApS most recently used DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

When was Circular Movement ApS founded?

Circular Movement ApS was founded on 3 June 2022.

What is the equity of Circular Movement ApS?

Equity was DKK 297k according to the annual report for the period ending 31 December 2024.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.