Bit Papercut ApS

CVR 43794698 · Private limited company (ApS) · Active · Low risk

Bit Papercut ApS is a Private limited company (ApS), founded on , based in Blokhus. The company is registered in the industry billedkunstnerisk skaben. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 50k and a net result of DKK -41k. CEO: Karen Bit Vejle.

Bankruptcy risk for Bit Papercut ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Equity ratio20%–40% · 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's other companies1 · 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
43794698
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Klitheden Nord 34
9492 Blokhus
Municipality
Jammerbugt
Industry
Billedkunstnerisk skaben (901200)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio32.3%
Current ratio148%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -40kDKK 23k
Net profitDKK -41kDKK 17k
EquityDKK 50kDKK 91k
Total assetsDKK 155kDKK 223k
CashDKK 92k–
Short-term debtDKK 105k–
Tax owedDKK 2,229–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202589
1 Jan 2024 – 31 Dec 2024146
21 Jan 2023 – 31 Dec 2023121

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
CEOKaren Bit VejleCurrent
Owner (100%)Karen Bit VejleCurrent
FounderKaren Bit VejleCurrent

The CEOs' other companies

Karen Bit Vejle – 1 other companies

Address history (1 moves)

Klitheden Nord 34, 9492 Blokhus
Klitheden Nord 34, 9492 Blokhus

Similar companies in Jammerbugt

Questions and answers about Bit Papercut ApS

Has Bit Papercut ApS gone bankrupt?

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

What is the bankruptcy risk of Bit Papercut ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Bit Papercut ApS?

Karen Bit Vejle is the CEO of Bit Papercut ApS.

When was Bit Papercut ApS founded?

Bit Papercut ApS was founded on 21 January 2023.

What is the equity of Bit Papercut ApS?

Equity was DKK 50k 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.