Value Funds ApS

CVR 44223767 · Private limited company (ApS) · Active · Low risk

Value Funds ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.8m and a net result of DKK 5.5m. CEO: Thomas Birkedal, Peter Emtekær Bygholm.

Bankruptcy risk for Value Funds ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Published annual reports2 · bankruptcy rate 16.7%1.9×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
44223767
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Ordnung, Vestergade 29
1456 København K
Municipality
København
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio47.9%
Current ratio154%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies3
Other companies at the address74
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 525kDKK 444k
Net profitDKK 5.5mDKK 1.3m
EquityDKK 1.8mDKK 1.4m
Total assetsDKK 3.8mDKK 1.9m
CashDKK 2.1m–
Short-term debtDKK 2.0m–
Tax owedDKK 0–
Avg. employees5–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
9 Aug 2023 – 31 Dec 2024169

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 BirkedalCurrent
CEOPeter Emtekær BygholmCurrent
Owner (33%)PBY 2018 ApSCurrent
Owner (33%)Thomas Birkedal holding ApSCurrent
Owner (20%)Bue Funds ApSCurrent
Owner (5%)SHK Capital ApSCurrent
FounderPBY 2018 ApSCurrent
FounderThomas Birkedal holding ApSCurrent

The CEOs' other companies

Thomas Birkedal – 53 other companies, of which 17 bankrupt

Peter Emtekær Bygholm – 42 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Ordnung, Vestergade 29, 1456 København K
c/o Share Invest ApS, Vestergade 29, 1456 København K
Wienerbyen 27, 2830 Virum

Former names

Value Funds ApS – now
StateSide ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Value Funds ApS

Has Value Funds ApS gone bankrupt?

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

What is the bankruptcy risk of Value Funds ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Value Funds ApS?

Thomas Birkedal, Peter Emtekær Bygholm are the CEOs of Value Funds ApS.

When was Value Funds ApS founded?

Value Funds ApS was founded on 9 August 2023.

What is the equity of Value Funds ApS?

Equity was DKK 1.8m 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.