Race for Oceans Technology ApS

CVR 43933760 · Private limited company (ApS) · Active · Very high risk

Race for Oceans Technology ApS is a Private limited company (ApS), founded on , based in Løkken. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 32k and a net result of DKK 7,734.

Bankruptcy risk for Race for Oceans Technology ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
43933760
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Hornfisken 13
9480 Løkken
Municipality
Hjørring
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 41k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio42.6%
Current ratio174%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10kDKK -15k
Net profitDKK 7,734DKK -15k
EquityDKK 32kDKK 25k
Total assetsDKK 75kDKK 44k
CashDKK 75kDKK 40k
Short-term debtDKK 43kDKK 19k
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 2025204 Late
1 Jan 2024 – 31 Dec 2024178
17 Mar 2023 – 31 Dec 2023174

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
CEOSigne Skovgaard Simonsen
CEOTroels Rosborg Larsen
BoardRasmus Himmelstrup JørgensenCurrent
BoardTroels Rosborg LarsenCurrent
BoardHans-Christian MathiesenCurrent
BoardSigne Skovgaard SimonsenCurrent
BoardChristina Piper RejnholdCurrent
BoardMartin BjærgeCurrent
Owner (100%)Signe Skovgaard SimonsenCurrent
Owner (100%)Race for Oceans Foundation
Owner (67%)Signe Skovgaard Simonsen
Owner (25%)TRL Group ApS
FounderRace for Oceans FoundationCurrent

The CEOs' other companies

Troels Rosborg Larsen – 1 other companies

Address history (1 moves)

Hornfisken 13, 9480 Løkken
Søndergade 30, 9480 Løkken

Similar companies in Hjørring

Questions and answers about Race for Oceans Technology ApS

Has Race for Oceans Technology ApS gone bankrupt?

No, Race for Oceans Technology ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Race for Oceans Technology ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

When was Race for Oceans Technology ApS founded?

Race for Oceans Technology ApS was founded on 17 March 2023.

What is the equity of Race for Oceans Technology ApS?

Equity was DKK 32k 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.