Modern Revenue ApS

CVR 43720848 · Private limited company (ApS) · Active · Very high risk

Modern Revenue ApS is a Private limited company (ApS), founded on , based in Grenaa. The company is registered in the industry drift af portaler til internettet. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -926k and a net result of DKK -814k. CEO: Christian Bach Petersen.

Bankruptcy risk for Modern Revenue ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO changes4+ · bankruptcy rate 7.3%0.83×

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
43720848
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Rugvænget 7B
8500 Grenaa
Municipality
Norddjurs
Industry
Drift af portaler til internettet (639100)
Bankruptcies in the industry: Webportaler
Share capital
DKK 50k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-217.5%
Current ratio3%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies3
Other companies at the address11
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 47kDKK 338k
Net profitDKK -814kDKK -42k
EquityDKK -926kDKK -112k
Total assetsDKK 426kDKK 1.4m
CashDKK 36k–
Short-term debtDKK 1.4m–
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 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024140
19 Dec 2022 – 31 Dec 202399

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
CEOChristian Bach PetersenCurrent
CEODaniel Hedegård Pedersen
CEOUlrik Kjærsgaard Larsen
BoardUlrik Kjærsgaard Larsen
Owner (100%)PROGROUP EUROPE ApSCurrent
Owner (50%)PROGROUP EUROPE ApS
AuditorBeierholm Godkendt Revisionskomplementaraktieselskab
FounderPROGROUP EUROPE ApSCurrent

The CEOs' other companies

Christian Bach Petersen – 24 other companies, of which 3 bankrupt

Ulrik Kjærsgaard Larsen – 12 other companies, of which 1 bankrupt

Address history (1 moves)

Rugvænget 7B, 8500 Grenaa
c/o Strandvejen 9, 1, Strandvejen 9, 1., 9000 Aalborg

Other companies at the same address

Similar companies in Norddjurs

Questions and answers about Modern Revenue ApS

Has Modern Revenue ApS gone bankrupt?

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

What is the bankruptcy risk of Modern Revenue ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Modern Revenue ApS?

Christian Bach Petersen is the CEO of Modern Revenue ApS.

Who is the auditor of Modern Revenue ApS?

Modern Revenue ApS most recently used Beierholm.

When was Modern Revenue ApS founded?

Modern Revenue ApS was founded on 19 December 2022.

What is the equity of Modern Revenue ApS?

Equity was DKK -926k 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.