Side Hustle ApS

CVR 43766821 · Private limited company (ApS) · Active · Medium risk

Side Hustle ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry drift af portaler til internettet. 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 -604 and a net result of DKK -10k. CEO: Erik Frank Kofoed.

Bankruptcy risk for Side Hustle ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
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×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43766821
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Solsortvej 5
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Drift af portaler til internettet (639100)
Bankruptcies in the industry: Webportaler
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-18.5%
Current ratio84%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -10kDKK -13k
Net profitDKK -10kDKK -13k
EquityDKK -604DKK 9,694
Total assetsDKK 3,259DKK 19k
CashDKK 981–
Short-term debtDKK 3,863–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202554
1 Jan 2024 – 31 Dec 202456
10 Jan 2023 – 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
CEOErik Frank KofoedCurrent
Owner (100%)Erik Kofoed Holding ApSCurrent
FounderErik Kofoed Holding ApSCurrent

The CEOs' other companies

Erik Frank Kofoed – 1 other companies

Address history (0 moves)

Solsortvej 5, 2000 Frederiksberg

Other companies at the same address

Similar companies in Frederiksberg

Questions and answers about Side Hustle ApS

Has Side Hustle ApS gone bankrupt?

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

What is the bankruptcy risk of Side Hustle 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 Side Hustle ApS?

Erik Frank Kofoed is the CEO of Side Hustle ApS.

When was Side Hustle ApS founded?

Side Hustle ApS was founded on 10 January 2023.

What is the equity of Side Hustle ApS?

Equity was DKK -604 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.