CI ETF I DevCo ApS

CVR 43378961 · Private limited company (ApS) · Active · Low risk

CI ETF I DevCo ApS is a Private limited company (ApS), founded on , based in Nordhavn. The company is registered in the industry administrations- og kontorserviceaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 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 14.9m and a net result of DKK -10.8m. CEO: Søren Toftgaard, Philip Christiani, Uffe Winther, Nikolaos Samaritis.

Bankruptcy risk for CI ETF I DevCo ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
Equity ratio40%–60% · 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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
43378961
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o CISC ApS, Gdanskgade 18, 12.
2150 Nordhavn
Municipality
København
Industry
Administrations- og kontorserviceaktiviteter (821000)
Bankruptcies in the industry: Kombinerede administrationsserviceydelser
Share capital
DKK 80k
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityNo
Equity ratio52.1%
Current ratio34%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address276
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -10.7mDKK -1.3mDKK -905k
Net profitDKK -10.8mDKK -1.2mDKK -575k
EquityDKK 14.9mDKK 25.7mDKK 26.9m
Total assetsDKK 28.6mDKK 37.8mDKK 44.8m
CashDKK 20kDKK 7.0m–
Short-term debtDKK 13.7mDKK 12.1m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte statsautoriseret Revisionspartnerselskab,.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024182
5 Jul 2022 – 31 Dec 2023191 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
CEOSøren ToftgaardCurrent
CEOPhilip ChristianiCurrent
CEOUffe WintherCurrent
CEONikolaos SamaritisCurrent
Owner (33%)Copenhagen Infrastructure Energy Transition Fund I K/SCurrent
Owner (50%)Copenhagen Infrastructure Energy Transition Fund I SCSpCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderCopenhagen Infrastructure Energy Transition Fund I K/SCurrent

The CEOs' other companies

Søren Toftgaard – 39 other companies

Philip Christiani – 13 other companies

Uffe Winther – 8 other companies

Nikolaos Samaritis – 31 other companies

Address history (2 moves)

c/o CISC ApS, Gdanskgade 18, 12., 2150 Nordhavn
c/o CISC ApS, Gdanskgade 18, 12., 2150 Nordhavn
Amerika Plads 29, 2., 2100 København Ø

Other companies at the same address

Similar companies in København

Questions and answers about CI ETF I DevCo ApS

Has CI ETF I DevCo ApS gone bankrupt?

No, CI ETF I DevCo ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CI ETF I DevCo ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of CI ETF I DevCo ApS?

Søren Toftgaard, Philip Christiani, Uffe Winther, Nikolaos Samaritis are the CEOs of CI ETF I DevCo ApS.

Who is the auditor of CI ETF I DevCo ApS?

CI ETF I DevCo ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CI ETF I DevCo ApS founded?

CI ETF I DevCo ApS was founded on 5 July 2022.

What is the equity of CI ETF I DevCo ApS?

Equity was DKK 14.9m 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.