FOnline ApS

CVR 43362836 · Private limited company (ApS) · Active · High risk

FOnline ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry andre udgiveraktiviteter, undtagen udgivelse af software. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -208k and a net result of DKK -64k. CEO: Frank Olesen.

Bankruptcy risk for FOnline ApS

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · 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×

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
43362836
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Birkevej 23
7700 Thisted
Municipality
Thisted
Industry
Andre udgiveraktiviteter, undtagen udgivelse af software (581900)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-238.1%
Current ratio22%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -59kDKK -82k
Net profitDKK -64kDKK -71k
EquityDKK -208kDKK -145k
Total assetsDKK 88kDKK 143k
CashDKK 6,282–
Short-term debtDKK 296k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024167
3 Jul 2022 – 31 Dec 2023190 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
CEOFrank OlesenCurrent
Owner (100%)FRANK OLESEN ApSCurrent
FounderFRANK OLESEN ApSCurrent

The CEOs' other companies

Frank Olesen – 7 other companies, of which 1 bankrupt

Address history (2 moves)

Birkevej 23, 7700 Thisted
Vilhelmsborgvej 6, 7700 Thisted
Birkevej 23, 7700 Thisted

Former names

FOnline ApS – now
Udlejergruppen ApS –
DKXPRESS ApS –
FO Online ApS –

Other companies at the same address

Similar companies in Thisted

Questions and answers about FOnline ApS

Has FOnline ApS gone bankrupt?

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

What is the bankruptcy risk of FOnline ApS?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of FOnline ApS?

Frank Olesen is the CEO of FOnline ApS.

When was FOnline ApS founded?

FOnline ApS was founded on 29 June 2022.

What is the equity of FOnline ApS?

Equity was DKK -208k 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.