UPGRADES ApS

CVR 44606321 · Private limited company (ApS) · Active · Medium risk

UPGRADES ApS is a Private limited company (ApS), founded on , based in Kolding. The company is registered in the industry detailhandel med møbler. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 401 and a net result of DKK 15k. CEO: Nina Kjær Rasmussen.

Bankruptcy risk for UPGRADES ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
CEO's other companies10–30 · bankruptcy rate 6.0%0.68×
RegionSyddanmark · 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
44606321
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Pakhustorvet 2, 3. tv
6000 Kolding
Municipality
Kolding
Industry
Detailhandel med møbler (475510)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Sønderup &amp; Partnere A/S Registrerede revisorer FSR
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio0.3%
Current ratio100%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address21
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 22kDKK -66kDKK 0
Net profitDKK 15kDKK -54kDKK 0
EquityDKK 401DKK -14kDKK 0
Total assetsDKK 125kDKK 111kDKK 0
CashDKK 30kDKK 25k–
Short-term debtDKK 125kDKK 125k–
Tax owedDKK 4,786––
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderup &amp; Partnere A/S Registrerede revisorer FSR.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202591
1 Feb 2024 – 31 Dec 2024119

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
CEONina Kjær RasmussenCurrent
CEOTroels Kjær Rasmussen
Owner (100%)Kjær Rasmussen Holding ApSCurrent
FounderKjær Rasmussen Holding ApSCurrent

The CEOs' other companies

Nina Kjær Rasmussen – 6 other companies

Troels Kjær Rasmussen – 11 other companies, of which 2 bankrupt

Address history (0 moves)

Pakhustorvet 2, 3. tv, 6000 Kolding

Other companies at the same address

Similar companies in Kolding

Questions and answers about UPGRADES ApS

Has UPGRADES ApS gone bankrupt?

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

What is the bankruptcy risk of UPGRADES ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of UPGRADES ApS?

Nina Kjær Rasmussen is the CEO of UPGRADES ApS.

Who is the auditor of UPGRADES ApS?

UPGRADES ApS most recently used Sønderup &amp; Partnere A/S Registrerede revisorer FSR.

When was UPGRADES ApS founded?

UPGRADES ApS was founded on 1 February 2024.

What is the equity of UPGRADES ApS?

Equity was DKK 401 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.