It`s about time ApS
CVR 44382512 · Private limited company (ApS) · Active · High risk
It`s about time ApS is a Private limited company (ApS), founded on , based in Risskov. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -293k and a net result of DKK -89k. CEO: Kaj Lauritsen.
Bankruptcy risk for It`s about time ApS
3.2 × the average (1.41%) · higher risk than 91% 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
- 44382512
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (3 years)
- Address
- Korshøjen 66
8240 Risskov - Municipality
- Aarhus
- Industry
- Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler - Share capital
- DKK 40k
- Auditor
- Martinsen, Statsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 2 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -198.7% |
| Current ratio | 34% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -103k | DKK -273k |
| Net profit | DKK -89k | DKK -245k |
| Equity | DKK -293k | DKK -205k |
| Total assets | DKK 148k | DKK 238k |
| Cash | DKK 52k | DKK 164k |
| Short-term debt | DKK 441k | DKK 443k |
| Avg. employees | 1 | 1 |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 160 | ||
| 20 Oct 2023 – 31 Dec 2024 | 157 |
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 | Kaj Lauritsen | Current | |
| CEO | Martin Lauritsen | ||
| Owner (100%) | KAJ LAURITSEN HOLDING 2 ApS | Current | |
| Founder | KAJ LAURITSEN HOLDING 2 ApS | Current |
The CEOs' other companies
Kaj Lauritsen – 16 other companies, of which 1 bankrupt
- T HECTOR I ApS Bankrupt 10 Aug 2021
- BERNHARD LAURITSEN TARM A/S Active
- BOFEDT A/S Opløst
- Huset Appel ApS Opløst
- KAJ LAURITSEN HOLDING 1 ApS Active
- KAJ LAURITSEN HOLDING 2 ApS Active
- KAJ LAURITSEN HOLDING ApS Fusioneret
- KL EJENDOMME ApS Fusioneret
- Kaj Lauritsen Holding 3 ApS Fusioneret
- OBTON SOLENERGI BAYERN KOMPLEMENTARANPARTSSELSKAB Active
- OBTON SOLENERGI PASO II ApS Active
- PT. INDUSTRY ApS Opløst
- PTI A/S Active
- TOKA HANDEL ApS Opløst
- Tove og Kaj Lauritsen Holding ApS Fusioneret
- VM TARM A/S Active
Martin Lauritsen – 1 other companies
- Martin Lauritsen Holding ApS Active
Address history (0 moves)
| Korshøjen 66, 8240 Risskov |
Other companies at the same address
- Martin Lauritsen Holding ApS Active
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- Anno Studio ApS Aarhus C
- A/S INVENTARSNEDKERIET, AARHUS Viby J
- CULINA ApS Åbyhøj
- XMON A/S Egå
- ANPARTSSELSKABET AF 23.10.1998 Hasselager
Questions and answers about It`s about time ApS
Has It`s about time ApS gone bankrupt?
No, It`s about time ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of It`s about time ApS?
Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.
Who is the CEO of It`s about time ApS?
Kaj Lauritsen is the CEO of It`s about time ApS.
Who is the auditor of It`s about time ApS?
It`s about time ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.
When was It`s about time ApS founded?
It`s about time ApS was founded on 20 October 2023.
What is the equity of It`s about time ApS?
Equity was DKK -293k 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.