Fortytwo Europe ApS

CVR 44060787 · Private limited company (ApS) · Active · Medium risk

Fortytwo Europe ApS is a Private limited company (ApS), founded on , based in Dragør. The company is registered in the industry indretningsaktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -53k and a net result of DKK -18k. CEO: Steen Sejer Elkær-Hansen.

Bankruptcy risk for Fortytwo Europe ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×
CEO's other companies4–10 · bankruptcy rate 7.6%0.87×

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
44060787
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Stenbakken 12
2791 Dragør
Municipality
Dragør
Industry
Indretningsaktiviteter (741300)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-187.5%
Current ratio35%
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 year202520242023
Gross profitDKK -22kDKK -31kDKK -15k
Net profitDKK -18kDKK -58kDKK -16k
EquityDKK -53kDKK -34kDKK 24k
Total assetsDKK 28kDKK 55kDKK 64k
CashDKK 5,095DKK 27k–
Short-term debtDKK 81kDKK 89k–
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 202527
1 Jan 2024 – 31 Dec 2024136
17 May 2023 – 31 Dec 2023167

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
CEOSteen Sejer Elkær-HansenCurrent
Owner (100%)Elkær Holding ApSCurrent
FounderElkær Holding ApSCurrent

The CEOs' other companies

Steen Sejer Elkær-Hansen – 8 other companies, of which 1 bankrupt

Address history (0 moves)

Stenbakken 12, 2791 Dragør

Other companies at the same address

Similar companies in Dragør

Questions and answers about Fortytwo Europe ApS

Has Fortytwo Europe ApS gone bankrupt?

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

What is the bankruptcy risk of Fortytwo Europe ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Fortytwo Europe ApS?

Steen Sejer Elkær-Hansen is the CEO of Fortytwo Europe ApS.

When was Fortytwo Europe ApS founded?

Fortytwo Europe ApS was founded on 17 May 2023.

What is the equity of Fortytwo Europe ApS?

Equity was DKK -53k 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.