Functioning Finance ApS

CVR 44006634 · Private limited company (ApS) · Active · Low risk

Functioning Finance ApS is a Private limited company (ApS), founded on , based in Brønshøj. The company is registered in the industry bogføring og revision; skatterådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 114k and a net result of DKK 66k. CEO: Nicolai Frederik Schnell Svalling.

Bankruptcy risk for Functioning Finance ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
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 auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
44006634
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Skensvedvej 24
2700 Brønshøj
Municipality
København
Industry
Bogføring og revision; skatterådgivning (692000)
Bankruptcies in the industry: Bogføring og revision: skatterådgivning
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio65.4%
Current ratio289%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 354kDKK 436k
Net profitDKK 66kDKK 78k
EquityDKK 114kDKK 118k
Total assetsDKK 175kDKK 140k
CashDKK 129k–
Short-term debtDKK 61k–
Tax owedDKK 19k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202559
21 Apr 2023 – 30 Jun 202454

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
CEONicolai Frederik Schnell SvallingCurrent
Owner (100%)Nfsøs Holding ApSCurrent
FounderNfsøs Holding ApSCurrent

The CEOs' other companies

Nicolai Frederik Schnell Svalling – 1 other companies

Address history (1 moves)

Skensvedvej 24, 2700 Brønshøj
Thorsgade 76, 1. tv, 2200 København N

Former names

Functioning Finance ApS – now
Svalling Finance ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Functioning Finance ApS

Has Functioning Finance ApS gone bankrupt?

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

What is the bankruptcy risk of Functioning Finance ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Functioning Finance ApS?

Nicolai Frederik Schnell Svalling is the CEO of Functioning Finance ApS.

When was Functioning Finance ApS founded?

Functioning Finance ApS was founded on 21 April 2023.

What is the equity of Functioning Finance ApS?

Equity was DKK 114k according to the annual report for the period ending 30 June 2025.

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