KIRE TREE ApS

CVR 43344846 · Private limited company (ApS) · Active · High risk

KIRE TREE ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry fremstilling af spil og legetøj. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -17k and a net result of DKK -21k. CEO: Erik-Theodor Danciu.

Bankruptcy risk for KIRE TREE ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Industry changes1 · bankruptcy rate 6.5%0.74×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43344846
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Erik Danciu, Njalsgade 16, 3. th
2300 København S
Municipality
København
Industry
Fremstilling af spil og legetøj (324000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 60k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-29.3%
Current ratio24%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -21kDKK -15kDKK -19k
Net profitDKK -21kDKK -21kDKK -19k
EquityDKK -17kDKK 4,062DKK 25k
Total assetsDKK 57kDKK 70kDKK 73k
CashDKK 1,921DKK 11k–
Short-term debtDKK 57kDKK 66k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 2024174
1 Jan 2023 – 31 Dec 2023109
21 Jun 2022 – 31 Dec 2022163

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
CEOErik-Theodor DanciuCurrent
Owner (100%)Erik-Theodor DanciuCurrent
FounderErik-Theodor DanciuCurrent

The CEOs' other companies

Erik-Theodor Danciu – 1 other companies

Address history (2 moves)

c/o Erik Danciu, Njalsgade 16, 3. th, 2300 København S
c/o Erik Danciu, Holmbladsgade 70A, 4. th, 2300 København S
Prinsesse Christines Vej 16, st. th, 2300 København S

Former names

KIRE TREE ApS – now
Family Tree Builders ApS –

Other companies at the same address

Similar companies in København

Questions and answers about KIRE TREE ApS

Has KIRE TREE ApS gone bankrupt?

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

What is the bankruptcy risk of KIRE TREE ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of KIRE TREE ApS?

Erik-Theodor Danciu is the CEO of KIRE TREE ApS.

When was KIRE TREE ApS founded?

KIRE TREE ApS was founded on 21 June 2022.

What is the equity of KIRE TREE ApS?

Equity was DKK -17k 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.