Propreco Associates ApS

CVR 44549425 · Private limited company (ApS) · Active · Very high risk

Propreco Associates ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 12.6% over the next 12 months, which is 9.0 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 20k and a net result of DKK -14k. CEO: David Ernst-Sunne, Rasmus Christian Gitz Meyhoff.

Bankruptcy risk for Propreco Associates ApS

12.6%
probability of bankruptcy within 12 months
Very high risk

9.0 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×

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
44549425
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Rådhusvej 13
2920 Charlottenlund
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
Baagøe | Schou, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityNo
Equity ratio61.1%
Current ratio257%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies9
Other companies at the address45
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -9,669DKK -6,670
Net profitDKK -14kDKK -6,607
EquityDKK 20kDKK 33k
Total assetsDKK 32kDKK 38k
CashDKK 0DKK 38k
Short-term debtDKK 13kDKK 5,000
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Baagøe | Schou, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025218 Late
8 Jan 2024 – 31 Dec 2024199 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
CEODavid Ernst-SunneCurrent
CEORasmus Christian Gitz MeyhoffCurrent
Owner (67%)PROPRECO A/SCurrent
Owner (33%)Wibrandt ApSCurrent
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderPROPRECO A/SCurrent

The CEOs' other companies

David Ernst-Sunne – 42 other companies, of which 14 bankrupt

Rasmus Christian Gitz Meyhoff – 7 other companies, of which 2 bankrupt

Address history (0 moves)

Rådhusvej 13, 2920 Charlottenlund

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Propreco Associates ApS

Has Propreco Associates ApS gone bankrupt?

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

What is the bankruptcy risk of Propreco Associates ApS?

Our model estimates a bankruptcy risk of 12.6% over the next 12 months (very high risk), which is 9.0 times the average for Danish companies.

Who is the CEO of Propreco Associates ApS?

David Ernst-Sunne, Rasmus Christian Gitz Meyhoff are the CEOs of Propreco Associates ApS.

Who is the auditor of Propreco Associates ApS?

Propreco Associates ApS most recently used Baagøe | Schou, statsautoriseret revisionsaktieselskab.

When was Propreco Associates ApS founded?

Propreco Associates ApS was founded on 8 January 2024.

What is the equity of Propreco Associates ApS?

Equity was DKK 20k 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.