HORSAGER INNOVATION ApS

CVR 44251639 · Private limited company (ApS) · Active · Low risk

HORSAGER INNOVATION ApS is a Private limited company (ApS), founded on , based in Aarhus V. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 12k and a net result of DKK -8,750.

Bankruptcy risk for HORSAGER INNOVATION ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
44251639
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Oktobervej 10
8210 Aarhus V
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Dansk Revision Benny Jakobsen
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio50.4%
Current ratio100%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -8,750DKK -17k
Net profitDKK -8,750DKK -19k
EquityDKK 12kDKK 21k
Total assetsDKK 24kDKK 30k
CashDKK 11kDKK 8,180
Short-term debtDKK 12kDKK 9,200
Avg. employees10

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Dansk Revision Benny Jakobsen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
13 Aug 2023 – 31 Dec 2024162

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
Owner (100%)Kristian HorsagerCurrent
FounderKristian HorsagerCurrent

Address history (1 moves)

Oktobervej 10, 8210 Aarhus V
Oktobervej 10, 8210 Aarhus V

Other companies at the same address

Similar companies in Aarhus

Questions and answers about HORSAGER INNOVATION ApS

Has HORSAGER INNOVATION ApS gone bankrupt?

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

What is the bankruptcy risk of HORSAGER INNOVATION ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the auditor of HORSAGER INNOVATION ApS?

HORSAGER INNOVATION ApS most recently used Dansk Revision Benny Jakobsen.

When was HORSAGER INNOVATION ApS founded?

HORSAGER INNOVATION ApS was founded on 13 August 2023.

What is the equity of HORSAGER INNOVATION ApS?

Equity was DKK 12k 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.