88degrees ApS

CVR 43969285 · Private limited company (ApS) · Active · Very high risk

88degrees ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 60.0% over the next 12 months, which is 42.6 times the average for Danish companies. 3 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 131k and a net result of DKK -651. CEO: Stephen David Allen.

Bankruptcy risk for 88degrees ApS

60.0%
probability of bankruptcy within 12 months
Very high risk

42.6 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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 auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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×

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
43969285
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Stephen David Allen, Robert Jacobsens Vej 44G
2300 København S
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityNo
Equity ratio59.9%
Current ratio50%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -417DKK -1,167DKK 4,993
Net profitDKK -651DKK -2,110DKK 3,915
EquityDKK 131kDKK 42kDKK 44k
Total assetsDKK 219kDKK 44kDKK 45k
Short-term debtDKK 88kDKK 2,194–
Tax owedDKK 27kDKK 0–
Avg. employees01–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025224 Late
1 Jan 2024 – 31 Dec 2024181
30 Mar 2023 – 31 Dec 2023186 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
CEOStephen David AllenCurrent
Owner (100%)Stephen David AllenCurrent
FounderStephen David AllenCurrent

The CEOs' other companies

Stephen David Allen – 3 other companies

Address history (1 moves)

c/o Stephen David Allen, Robert Jacobsens Vej 44G, 2300 København S
c/o Stephen David Allen, Amagerbrogade 145, 1. tv, 2300 København S

Other companies at the same address

Similar companies in København

Questions and answers about 88degrees ApS

Has 88degrees ApS gone bankrupt?

No, 88degrees ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 88degrees ApS?

Our model estimates a bankruptcy risk of 60.0% over the next 12 months (very high risk), which is 42.6 times the average for Danish companies.

Who is the CEO of 88degrees ApS?

Stephen David Allen is the CEO of 88degrees ApS.

When was 88degrees ApS founded?

88degrees ApS was founded on 30 March 2023.

What is the equity of 88degrees ApS?

Equity was DKK 131k 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.