Qube Research and Technologies Denmark ApS

CVR 44120623 · Private limited company (ApS) · Active · Medium risk

Qube Research and Technologies Denmark ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry formueforvaltning. 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, 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 18.9m and a net result of DKK 6.7m. CEO: Thomas Bjørn Houlind, Jason Saul Etherington.

Bankruptcy risk for Qube Research and Technologies Denmark ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%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×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
44120623
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Kalkværksvej 11, 16.
8000 Aarhus C
Municipality
Aarhus
Industry
Formueforvaltning (663000)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 40k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio34.8%
Current ratio–
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 55.2mDKK 53.7m
Gross profitDKK 47.1mDKK 46.4m
Net profitDKK 6.7mDKK 4.8m
EquityDKK 18.9mDKK 12.3m
Total assetsDKK 54.4mDKK 51.0m
CashDKK 20.7m–
Tax owedDKK 1.9m–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024185 Late
8 Jun 2023 – 31 Dec 2023181

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
CEOThomas Bjørn HoulindCurrent
CEOJason Saul EtheringtonCurrent
CEOStuart Brown
Owner (100%)Qube Research & Technologies LimitedCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderQube Research & Technologies LimitedCurrent

Address history (3 moves)

Kalkværksvej 11, 16., 8000 Aarhus C
Søndergade 45, 4., 8000 Aarhus C
c/o Plesner Advokatpartnerselskab, Amerika Plads 37, 2100 København Ø
c/o PwC, Strandvejen 44, 2900 Hellerup

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Qube Research and Technologies Denmark ApS

Has Qube Research and Technologies Denmark ApS gone bankrupt?

No, Qube Research and Technologies Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Qube Research and Technologies Denmark 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 Qube Research and Technologies Denmark ApS?

Thomas Bjørn Houlind, Jason Saul Etherington are the CEOs of Qube Research and Technologies Denmark ApS.

Who is the auditor of Qube Research and Technologies Denmark ApS?

Qube Research and Technologies Denmark ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Qube Research and Technologies Denmark ApS founded?

Qube Research and Technologies Denmark ApS was founded on 8 June 2023.

What is the equity of Qube Research and Technologies Denmark ApS?

Equity was DKK 18.9m 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.