CTWO Products ApS

CVR 43855131 · Private limited company (ApS) · Active · Very high risk

CTWO Products ApS is a Private limited company (ApS), founded on , based in Galten. The company is registered in the industry andre reklameaktiviteter. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK -56k and a net result of DKK -34k. CEO: Jörgen Patrik Karlsson, Morten Steen Sørensen.

Bankruptcy risk for CTWO Products 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

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×
Return on assets-20%–0% · 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×
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
43855131
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Havrevej 31
8464 Galten
Municipality
Skanderborg
Industry
Andre reklameaktiviteter (731190)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 40k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-29.3%
Current ratio77%
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 year20252024
Gross profitDKK 313kDKK -55k
Net profitDKK -34kDKK -62k
EquityDKK -56kDKK -22k
Total assetsDKK 191kDKK 260k
CashDKK 21k–
Short-term debtDKK 247k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025187 Late
10 Feb 2023 – 30 Apr 2024184 Late

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
CEOJörgen Patrik KarlssonCurrent
CEOMorten Steen SørensenCurrent
Owner (50%)Morten Steen SørensenCurrent
Owner (50%)CTWO Products ABCurrent
FounderMorten Steen SørensenCurrent
FounderCTWO Products ABCurrent

Address history (0 moves)

Havrevej 31, 8464 Galten

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about CTWO Products ApS

Has CTWO Products ApS gone bankrupt?

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

What is the bankruptcy risk of CTWO Products 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 CTWO Products ApS?

Jörgen Patrik Karlsson, Morten Steen Sørensen are the CEOs of CTWO Products ApS.

Who is the auditor of CTWO Products ApS?

CTWO Products ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was CTWO Products ApS founded?

CTWO Products ApS was founded on 10 February 2023.

What is the equity of CTWO Products ApS?

Equity was DKK -56k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.