1889 ApS

CVR 44382806 · Private limited company (ApS) · Active · Low risk

1889 ApS is a Private limited company (ApS), founded on , based in Bagsværd. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -43k and a net result of DKK -58k. CEO: Magnus Skovborg Ragle.

Bankruptcy risk for 1889 ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

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×
Has a boardYes · bankruptcy rate 6.0%0.68×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44382806
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Søhuse 24
2880 Bagsværd
Municipality
Gladsaxe
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-2.2%
Current ratio56%
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 -31kDKK -24k
Net profitDKK -58kDKK -24k
EquityDKK -43kDKK 16k
Total assetsDKK 1.9mDKK 285k
CashDKK 137kDKK 20k
Short-term debtDKK 2.0mDKK 269k
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
23 Oct 2023 – 31 Dec 202454

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
CEOMagnus Skovborg RagleCurrent
BoardKim RagleCurrent
BoardMagnus Skovborg RagleCurrent
BoardBenjamin Skovborg RagleCurrent
BoardLouise Skovborg RagleCurrent
Owner (100%)Kim RagleCurrent
FounderKim RagleCurrent

Address history (0 moves)

Søhuse 24, 2880 Bagsværd

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about 1889 ApS

Has 1889 ApS gone bankrupt?

No, 1889 ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 1889 ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of 1889 ApS?

Magnus Skovborg Ragle is the CEO of 1889 ApS.

Who is the auditor of 1889 ApS?

1889 ApS most recently used Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

When was 1889 ApS founded?

1889 ApS was founded on 23 October 2023.

What is the equity of 1889 ApS?

Equity was DKK -43k 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.