Heavy Procrastination Industries ApS

CVR 43648284 · Private limited company (ApS) · Active · Medium risk

Heavy Procrastination Industries ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. 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 Sep 2025) shows equity of DKK 175k and a net result of DKK -64k. CEO: Morten Boye Mortensen.

Bankruptcy risk for Heavy Procrastination Industries 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×
Auditor's statementNo assurance · bankruptcy rate 13.2%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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
43648284
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Hovvænget 1
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio46.0%
Current ratio95%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -45kDKK -21k
Net profitDKK -64kDKK -38k
EquityDKK 175kDKK 239k
Total assetsDKK 381kDKK 418k
CashDKK 1,084–
Short-term debtDKK 155k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202545
1 Oct 2023 – 30 Sep 202474
15 Nov 2022 – 30 Sep 202382

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 Boye MortensenCurrent
Owner (100%)Mobomo Holding ApSCurrent
FounderMobomo Holding ApSCurrent

The CEOs' other companies

Morten Boye Mortensen – 2 other companies

Address history (0 moves)

Hovvænget 1, 8700 Horsens

Other companies at the same address

Similar companies in Horsens

Questions and answers about Heavy Procrastination Industries ApS

Has Heavy Procrastination Industries ApS gone bankrupt?

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

What is the bankruptcy risk of Heavy Procrastination Industries 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 Heavy Procrastination Industries ApS?

Morten Boye Mortensen is the CEO of Heavy Procrastination Industries ApS.

When was Heavy Procrastination Industries ApS founded?

Heavy Procrastination Industries ApS was founded on 15 November 2022.

What is the equity of Heavy Procrastination Industries ApS?

Equity was DKK 175k according to the annual report for the period ending 30 September 2025.

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