Motivation Factor Institute ApS

CVR 43749455 · Private limited company (ApS) · Active · Low risk

Motivation Factor Institute ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 481 and a net result of DKK -14k. CEO: Karsten Bundgaard, Helle Bundgaard.

Bankruptcy risk for Motivation Factor Institute ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
43749455
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Helle og Karsten Bundgaard, Uralvej 6
2300 København S
Municipality
København
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio1.3%
Current ratio299%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -16kDKK -13kDKK -18k
Net profitDKK -14kDKK -11kDKK -15k
EquityDKK 481DKK 14kDKK 25k
Total assetsDKK 37kDKK 44kDKK 41k
CashDKK 27kDKK 39k–
Short-term debtDKK 12kDKK 8,000–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025171
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 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
CEOKarsten BundgaardCurrent
CEOHelle BundgaardCurrent
Owner (100%)Lehman Bundgaard Holding ApSCurrent
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderLehman Bundgaard Holding ApSCurrent

The CEOs' other companies

Karsten Bundgaard – 1 other companies

Helle Bundgaard – 2 other companies

Address history (1 moves)

c/o Helle og Karsten Bundgaard, Uralvej 6, 2300 København S
Cort Adelers Gade 3, 2. th, 1053 København K

Other companies at the same address

Similar companies in København

Questions and answers about Motivation Factor Institute ApS

Has Motivation Factor Institute ApS gone bankrupt?

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

What is the bankruptcy risk of Motivation Factor Institute ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Motivation Factor Institute ApS?

Karsten Bundgaard, Helle Bundgaard are the CEOs of Motivation Factor Institute ApS.

Who is the auditor of Motivation Factor Institute ApS?

Motivation Factor Institute ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Motivation Factor Institute ApS founded?

Motivation Factor Institute ApS was founded on 1 January 2023.

What is the equity of Motivation Factor Institute ApS?

Equity was DKK 481 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.