WorkPowers ApS

CVR 44342502 · Private limited company (ApS) · Active · Very high risk

WorkPowers ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 13.3% over the next 12 months, which is 9.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -523k and a net result of DKK -1.0m.

Bankruptcy risk for WorkPowers ApS

13.3%
probability of bankruptcy within 12 months
Very high risk

9.4 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

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×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
44342502
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Fruebjergvej 3
2100 København Ø
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Revision &amp; RådgivningsgruppenGodkendt revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-197.0%
Current ratio34%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address611
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -1.0mDKK -793k
Net profitDKK -1.0mDKK -621k
EquityDKK -523kDKK -581k
Total assetsDKK 266kDKK 229k
CashDKK 89kDKK 47k
Short-term debtDKK 789kDKK 810k
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision &amp; RådgivningsgruppenGodkendt revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025172
2 Oct 2023 – 31 Dec 2024181

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
CEOFrederik Kruse Hannibal
Owner (100%)GUNGE BUSINESS ApSCurrent
Owner (50%)GUNGE BUSINESS ApS
Owner (50%)BACKHAND HOLDING ApS
FounderGUNGE BUSINESS ApSCurrent
FounderBACKHAND HOLDING ApSCurrent

The CEOs' other companies

Frederik Kruse Hannibal – 3 other companies

Address history (2 moves)

Fruebjergvej 3, 2100 København Ø
c/o Erhvervsstyrelsen, Dahlerups Pakhus, Langelinie Allé 17, 2100 København Ø
Fruebjergvej 3, 2100 København Ø

Former names

WorkPowers ApS – now
ThinkPilot ApS –

Other companies at the same address

Similar companies in København

Questions and answers about WorkPowers ApS

Has WorkPowers ApS gone bankrupt?

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

What is the bankruptcy risk of WorkPowers ApS?

Our model estimates a bankruptcy risk of 13.3% over the next 12 months (very high risk), which is 9.4 times the average for Danish companies.

Who is the auditor of WorkPowers ApS?

WorkPowers ApS most recently used Revision &amp; RådgivningsgruppenGodkendt revisionspartnerselskab.

When was WorkPowers ApS founded?

WorkPowers ApS was founded on 2 October 2023.

What is the equity of WorkPowers ApS?

Equity was DKK -523k 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.