Project One ApS

CVR 44158817 · Private limited company (ApS) · Active · Low risk

Project One ApS is a Private limited company (ApS), founded on , based in Gistrup. The company is registered in the industry planlægning og design af reklamekampagner. 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 (31 Dec 2025) shows equity of DKK 550k and a net result of DKK 232k. CEO: Mads Hedegaard Michelsen.

Bankruptcy risk for Project One 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×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×

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
44158817
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Fjelshøjvej 21
9260 Gistrup
Municipality
Aalborg
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 40k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio65.4%
Current ratio242%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 972kDKK 1.0m
Net profitDKK 232kDKK 279k
EquityDKK 550kDKK 319k
Total assetsDKK 842kDKK 534k
CashDKK 531kDKK 322k
Short-term debtDKK 288kDKK 213k
Tax owed–DKK 32k
Avg. employees21

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202526
1 Jul 2023 – 31 Dec 202434

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
CEOMads Hedegaard MichelsenCurrent
Owner (100%)Project One Invest ApSCurrent
Owner (67%)Project One Invest ApS
Owner (67%)Mads Hedegaard Michelsen
Owner (15%)Nordic Online Academy ApS
Owner (100%)Mads Hedegaard Michelsen
FounderProject One Invest ApSCurrent

The CEOs' other companies

Mads Hedegaard Michelsen – 1 other companies

Address history (1 moves)

Fjelshøjvej 21, 9260 Gistrup
Gugvej 138, 9210 Aalborg SØ

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Project One ApS

Has Project One ApS gone bankrupt?

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

What is the bankruptcy risk of Project One 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 Project One ApS?

Mads Hedegaard Michelsen is the CEO of Project One ApS.

Who is the auditor of Project One ApS?

Project One ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Project One ApS founded?

Project One ApS was founded on 20 June 2023.

What is the equity of Project One ApS?

Equity was DKK 550k 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.