The Folk ApS

CVR 44373165 · Private limited company (ApS) · Active · Very high risk

The Folk ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry servering af mad i restauranter og caféer. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -287k and a net result of DKK -102k. CEO: Milena Barda.

Bankruptcy risk for The Folk ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Restated annual reports1 · bankruptcy rate 7.1%0.81×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×

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
44373165
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Utzonsgade 40, 3. th
6000 Kolding
Municipality
Kolding
Industry
Servering af mad i restauranter og caféer (561110)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-258.1%
Current ratio28%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 859kDKK 117k
Net profitDKK -102kDKK -225k
EquityDKK -287kDKK -185k
Total assetsDKK 111kDKK 196k
CashDKK 76k–
Short-term debtDKK 398k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025139
14 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
CEOMilena BardaCurrent
Owner (100%)Milena BardaCurrent
FounderMilena BardaCurrent

Address history (0 moves)

Utzonsgade 40, 3. th, 6000 Kolding

Other companies at the same address

Similar companies in Kolding

Questions and answers about The Folk ApS

Has The Folk ApS gone bankrupt?

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

What is the bankruptcy risk of The Folk ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of The Folk ApS?

Milena Barda is the CEO of The Folk ApS.

When was The Folk ApS founded?

The Folk ApS was founded on 14 October 2023.

What is the equity of The Folk ApS?

Equity was DKK -287k 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.