Smile and Wave Holding ApS

CVR 43693034 · Private limited company (ApS) · Active · Low risk

Smile and Wave Holding ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 1.5m and a net result of DKK 961k. CEO: Morten Kragh-Sørensen.

Bankruptcy risk for Smile and Wave Holding ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
43693034
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Morten Kragh-Sørensen, Fredensgade 3A, 2. tv
2200 København N
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Optimal Revision Godkendt Revisionsvirksomhed
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio60.9%
Current ratio77%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address14
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -27kDKK -12kDKK -5,016
Net profitDKK 961kDKK 357kDKK -6,651
EquityDKK 1.5mDKK 525kDKK 168k
Total assetsDKK 2.4mDKK 1.9mDKK 1.9m
CashDKK 60kDKK 4,675–
Short-term debtDKK 529kDKK 679k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Optimal Revision Godkendt Revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024197 Late
6 Dec 2022 – 31 Dec 2023182

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 Kragh-SørensenCurrent
Owner (100%)Morten Kragh-SørensenCurrent
AuditorOptimal Revision Godkendt RevisionsvirksomhedCurrent
FounderMorten Kragh-SørensenCurrent

The CEOs' other companies

Morten Kragh-Sørensen – 11 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Morten Kragh-Sørensen, Fredensgade 3A, 2. tv, 2200 København N

Other companies at the same address

Similar companies in København

Questions and answers about Smile and Wave Holding ApS

Has Smile and Wave Holding ApS gone bankrupt?

No, Smile and Wave Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Smile and Wave Holding ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Smile and Wave Holding ApS?

Morten Kragh-Sørensen is the CEO of Smile and Wave Holding ApS.

Who is the auditor of Smile and Wave Holding ApS?

Smile and Wave Holding ApS most recently used Optimal Revision Godkendt Revisionsvirksomhed.

When was Smile and Wave Holding ApS founded?

Smile and Wave Holding ApS was founded on 6 December 2022.

What is the equity of Smile and Wave Holding ApS?

Equity was DKK 1.5m 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.