Corax ApS

CVR 43516825 · Private limited company (ApS) · Active · Medium risk

Corax ApS is a Private limited company (ApS), founded on , based in Taastrup. The company is registered in the industry serviceydelser i forbindelse med luftfart. 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 (31 Dec 2025) shows equity of DKK 2.3m and a net result of DKK 1.1m. CEO: Morten Espenhein, Kennet Fredslund Justesen.

Bankruptcy risk for Corax 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

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
43516825
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Hørskætten 6A
2630 Taastrup
Municipality
Høje-Taastrup
Industry
Serviceydelser i forbindelse med luftfart (522300)
Bankruptcies in the industry: Speditører
Share capital
DKK 102k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio16.9%
Current ratio428%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address30
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.6mDKK 1.6mDKK 331k
Net profitDKK 1.1mDKK 703kDKK 214k
EquityDKK 2.3mDKK 1.1mDKK 418k
Total assetsDKK 13.4mDKK 10.2mDKK 8.5m
CashDKK 16kDKK 886k–
Short-term debtDKK 3.1mDKK 1.9m–
Tax owedDKK 293kDKK 199k–
Avg. employees61–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024179
14 Sep 2022 – 31 Dec 2023178

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
CEOMorten EspenheinCurrent
CEOKennet Fredslund JustesenCurrent
Owner (50%)Dancing Minds ApSCurrent
Owner (25%)Morten Espenhein Holding ApSCurrent
Owner (25%)KFJ 2018 Holding ApsCurrent
Owner (50%)Morten Espenhein Holding ApS
Owner (50%)KFJ 2018 Holding Aps
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMorten Espenhein Holding ApSCurrent
FounderKFJ 2018 Holding ApsCurrent

The CEOs' other companies

Morten Espenhein – 1 other companies

Address history (1 moves)

Hørskætten 6A, 2630 Taastrup
c/o Kennet Justesen, Oldbakken 18, 4300 Holbæk

Other companies at the same address

Similar companies in Høje-Taastrup

Questions and answers about Corax ApS

Has Corax ApS gone bankrupt?

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

What is the bankruptcy risk of Corax 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 Corax ApS?

Morten Espenhein, Kennet Fredslund Justesen are the CEOs of Corax ApS.

Who is the auditor of Corax ApS?

Corax ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Corax ApS founded?

Corax ApS was founded on 14 September 2022.

What is the equity of Corax ApS?

Equity was DKK 2.3m 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.