Creative in Crafts ApS

CVR 43431145 · Private limited company (ApS) · Active · Medium risk

Creative in Crafts ApS is a Private limited company (ApS), founded on , based in Sorø. The company is registered in the industry detailhandel med tekstiler. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -15k and a net result of DKK -15k. CEO: Gitte Frausing.

Bankruptcy risk for Creative in Crafts ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% 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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Share of late annual reports< 0.01% · 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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
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×

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
43431145
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Egesvinget 26
4180 Sorø
Municipality
Sorø
Industry
Detailhandel med tekstiler (475100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-6.4%
Current ratio94%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -20kDKK -18k
Net profitDKK -15kDKK -7,179
EquityDKK -15kDKK -48
Total assetsDKK 239kDKK 208k
CashDKK 247–
Short-term debtDKK 254k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025162
1 Jul 2023 – 30 Jun 2024164
8 Aug 2022 – 30 Jun 2023168

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
CEOGitte FrausingCurrent
Owner (100%)DSD Holding ApSCurrent
FounderDSD Holding ApSCurrent

The CEOs' other companies

Gitte Frausing – 2 other companies

Address history (0 moves)

Egesvinget 26, 4180 Sorø

Other companies at the same address

Similar companies in Sorø

Questions and answers about Creative in Crafts ApS

Has Creative in Crafts ApS gone bankrupt?

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

What is the bankruptcy risk of Creative in Crafts ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Creative in Crafts ApS?

Gitte Frausing is the CEO of Creative in Crafts ApS.

Who is the auditor of Creative in Crafts ApS?

Creative in Crafts ApS most recently used Beierholm.

When was Creative in Crafts ApS founded?

Creative in Crafts ApS was founded on 8 August 2022.

What is the equity of Creative in Crafts ApS?

Equity was DKK -15k according to the annual report for the period ending 30 June 2025.

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