Ø-festival ApS

CVR 44541211 · Private limited company (ApS) · Active · High risk

Ø-festival ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -5.1m and a net result of DKK -2.4m. CEO: Andreas Thomas Grauengaard, Kristian Thomas Grauengaard.

Bankruptcy risk for Ø-festival ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
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×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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 companies4–10 · bankruptcy rate 7.6%0.87×

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
44541211
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Glentevej 70B, 2. th
2400 København NV
Municipality
København
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
Revision København, godkendtrevisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-163.7%
Current ratio64%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -3.2m–
Net profitDKK -2.4m–
EquityDKK -5.1m–
Total assetsDKK 3.1m–
CashDKK 1.8m–
Short-term debtDKK 4.9m–
Tax owedDKK 0–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revision København, godkendtrevisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
5 Jan 2024 – 31 Dec 2024188 Late

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
CEOAndreas Thomas GrauengaardCurrent
CEOKristian Thomas GrauengaardCurrent
Owner (100%)GBA Festivals ApSCurrent
FounderGBA Festivals ApSCurrent

The CEOs' other companies

Andreas Thomas Grauengaard – 6 other companies

Kristian Thomas Grauengaard – 6 other companies

Address history (1 moves)

Glentevej 70B, 2. th, 2400 København NV
Rønnegade 9, 2100 København Ø

Other companies at the same address

Similar companies in København

Questions and answers about Ø-festival ApS

Has Ø-festival ApS gone bankrupt?

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

What is the bankruptcy risk of Ø-festival ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of Ø-festival ApS?

Andreas Thomas Grauengaard, Kristian Thomas Grauengaard are the CEOs of Ø-festival ApS.

Who is the auditor of Ø-festival ApS?

Ø-festival ApS most recently used Revision København, godkendtrevisionspartnerselskab.

When was Ø-festival ApS founded?

Ø-festival ApS was founded on 5 January 2024.

What is the equity of Ø-festival ApS?

Equity was DKK -5.1m 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.