Circular Furniture ApS
CVR 44286173 · Private limited company (ApS) · Active · Medium risk
Circular Furniture ApS is a Private limited company (ApS), founded on , based in Ballerup. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 8.9m and a net result of DKK 670k. CEO: Joakim Thor Grue.
Bankruptcy risk for Circular Furniture ApS
1.6 × the average (1.41%) · higher risk than 84% of active Danish companies
Increases the risk
Reduces the risk
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
- 44286173
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Tempovej 41
2750 Ballerup - Municipality
- Ballerup
- Industry
- Detailhandel med møbler (475510)
Bankruptcies in the industry: Almindelig rengøring i bygninger - Share capital
- DKK 50k
- Auditor
- DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 2 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 51.2% |
| Current ratio | 108% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 6.1m | DKK 5.1m |
| Net profit | DKK 670k | DKK 2.8m |
| Equity | DKK 8.9m | DKK 2.8m |
| Total assets | DKK 17.4m | DKK 5.6m |
| Cash | DKK 103k | DKK 311k |
| Short-term debt | DKK 7.3m | DKK 2.1m |
| Tax owed | DKK 0 | DKK 140k |
| Avg. employees | 8 | 0 |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 161 | ||
| 7 Sep 2023 – 31 Dec 2024 | 20 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Joakim Thor Grue | Current | |
| Owner (67%) | Be2Green Holding ApS | Current | |
| Owner (15%) | Circular Movement ApS | Current | |
| Owner (5%) | Wøldike Brandt Holding ApS | Current | |
| Owner (67%) | White Water ApS | ||
| Owner (20%) | Strifex Holding ApS | ||
| Auditor | DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB | Current | |
| Founder | White Water ApS | Current |
The CEOs' other companies
Joakim Thor Grue – 4 other companies
- Be2Green Holding ApS Active
- JOAG HOLDING ApS Opløst
- Rhevafos ApS Active
- White Water ApS Active
Address history (3 moves)
| Tempovej 41, 2750 Ballerup | |
| Hillerødgade 30A, 1., 2200 København N | |
| Østbanegade 103, 2100 København Ø | |
| Hellerupgårdvej 12, 1., 2900 Hellerup |
Former names
| Circular Furniture ApS | – now |
| Be2Green Furniture ApS | – |
| Be2Green ApS | – |
| Inventarstyring.dk ApS | – |
Other companies at the same address
- AeM Denmark ApS Active
- Oreco A/S Active
- Rhevafos ApS Active
Similar companies in Ballerup
- CM Multiservice ApS Skovlunde
- Malexo Trades ApS Ballerup
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Questions and answers about Circular Furniture ApS
Has Circular Furniture ApS gone bankrupt?
No, Circular Furniture ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Circular Furniture ApS?
Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.
Who is the CEO of Circular Furniture ApS?
Joakim Thor Grue is the CEO of Circular Furniture ApS.
Who is the auditor of Circular Furniture ApS?
Circular Furniture ApS most recently used DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.
When was Circular Furniture ApS founded?
Circular Furniture ApS was founded on 7 September 2023.
What is the equity of Circular Furniture ApS?
Equity was DKK 8.9m 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.