ReefCircular ApS

CVR 44601478 · Private limited company (ApS) · Active · Medium risk

ReefCircular ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -155k and a net result of DKK -49k. CEO: Shannon Marie Hanson.

Bankruptcy risk for ReefCircular ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

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×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
44601478
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Fruebjergvej 3
2100 København Ø
Municipality
København
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 40k
Auditor
Nørgaard Schultz
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-955.7%
Current ratio7%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address611
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 196kDKK 563k
Net profitDKK -49kDKK -145k
EquityDKK -155kDKK -105k
Total assetsDKK 16kDKK 157k
CashDKK 3,830–
Short-term debtDKK 171k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Nørgaard Schultz.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
30 Jan 2024 – 31 Dec 2024173

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
CEOShannon Marie HansonCurrent
CEOKathryn Elizabeth Larsen
Owner (100%)Shanson Holdings ApSCurrent
Owner (50%)Shannon Marie Hanson
Owner (50%)Studio Kathryn Larsen Holding ApS
Owner (50%)Shanson Holdings ApS
FounderShannon Marie HansonCurrent
FounderStudio Kathryn Larsen Holding ApSCurrent

The CEOs' other companies

Shannon Marie Hanson – 1 other companies

Address history (0 moves)

Fruebjergvej 3, 2100 København Ø

Other companies at the same address

Similar companies in København

Questions and answers about ReefCircular ApS

Has ReefCircular ApS gone bankrupt?

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

What is the bankruptcy risk of ReefCircular ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of ReefCircular ApS?

Shannon Marie Hanson is the CEO of ReefCircular ApS.

Who is the auditor of ReefCircular ApS?

ReefCircular ApS most recently used Nørgaard Schultz.

When was ReefCircular ApS founded?

ReefCircular ApS was founded on 30 January 2024.

What is the equity of ReefCircular ApS?

Equity was DKK -155k 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.