Float Technologies ApS

CVR 43369407 · Private limited company (ApS) · Active · Very high risk

Float Technologies ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 8.1% over the next 12 months, which is 5.8 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -2.2m and a net result of DKK -1.9m. CEO: Victor Richter Grabow, Jens Brandt Nellegaard.

Bankruptcy risk for Float Technologies ApS

8.1%
probability of bankruptcy within 12 months
Very high risk

5.8 × the average (1.41%) · higher risk than 96% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Registered owners3 · bankruptcy rate 6.2%0.71×
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
43369407
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Sortedam Dossering 55
2100 København Ø
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 129k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-81.8%
Current ratio54%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address91
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -430kDKK -391kDKK -1.4m
Net profitDKK -1.9mDKK -2.1mDKK -3.3m
EquityDKK -2.2mDKK -297kDKK 1.8m
Total assetsDKK 2.7mDKK 2.5mDKK 2.0m
CashDKK 2.1mDKK 2.0m–
Short-term debtDKK 4.9mDKK 2.8m–
Avg. employees44–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023183
30 Jun 2022 – 31 Dec 2022181

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
CEOVictor Richter GrabowCurrent
CEOJens Brandt NellegaardCurrent
Owner (33%)Embryonic ApSCurrent
Owner (33%)VRG ApSCurrent
Owner (10%)Morph Capital V ApSCurrent
Owner (50%)Embryonic ApS
Owner (50%)VRG ApS
FounderEmbryonic ApSCurrent
FounderVRG ApSCurrent

The CEOs' other companies

Victor Richter Grabow – 3 other companies, of which 1 bankrupt

Jens Brandt Nellegaard – 3 other companies

Address history (2 moves)

Sortedam Dossering 55, 2100 København Ø
Sortedam Dossering 55, 2100 København Ø
Østersøvej 28B, 2150 Nordhavn

Former names

Float Technologies ApS – now
Cherry Technologies ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Float Technologies ApS

Has Float Technologies ApS gone bankrupt?

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

What is the bankruptcy risk of Float Technologies ApS?

Our model estimates a bankruptcy risk of 8.1% over the next 12 months (very high risk), which is 5.8 times the average for Danish companies.

Who is the CEO of Float Technologies ApS?

Victor Richter Grabow, Jens Brandt Nellegaard are the CEOs of Float Technologies ApS.

Who is the auditor of Float Technologies ApS?

Float Technologies ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Float Technologies ApS founded?

Float Technologies ApS was founded on 30 June 2022.

What is the equity of Float Technologies ApS?

Equity was DKK -2.2m 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.