Crinkle Cut Games ApS

CVR 44654504 · Private limited company (ApS) · Active · Low risk

Crinkle Cut Games ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry udgivelse af videospil. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 934k and a net result of DKK 726k. CEO: Magnus Wahlers, Anne Christina Elsberg, Mathias Schifter Mogensen.

Bankruptcy risk for Crinkle Cut Games ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×

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
44654504
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Magnus Wahlers, Østergravensgade 14, 2.
9000 Aalborg
Municipality
Aalborg
Industry
Udgivelse af videospil (582100)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio76.7%
Current ratio427%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK 994k
Net profitDKK 726kDKK 176k
EquityDKK 934kDKK 215k
Total assetsDKK 1.2mDKK 244k
CashDKK 1.1mDKK 241k
Short-term debtDKK 283kDKK 29k
Tax owed–DKK 0
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
15 Feb 2024 – 31 Dec 2024178

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 WahlersCurrent
CEOAnne Christina ElsbergCurrent
CEOMathias Schifter MogensenCurrent
Owner (33%)Magnus WahlersCurrent
Owner (33%)Anne Christina ElsbergCurrent
Owner (33%)Mathias Schifter MogensenCurrent
FounderMagnus WahlersCurrent
FounderAnne Christina ElsbergCurrent
FounderMathias Schifter MogensenCurrent

Address history (0 moves)

c/o Magnus Wahlers, Østergravensgade 14, 2., 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Crinkle Cut Games ApS

Has Crinkle Cut Games ApS gone bankrupt?

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

What is the bankruptcy risk of Crinkle Cut Games ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Crinkle Cut Games ApS?

Magnus Wahlers, Anne Christina Elsberg, Mathias Schifter Mogensen are the CEOs of Crinkle Cut Games ApS.

When was Crinkle Cut Games ApS founded?

Crinkle Cut Games ApS was founded on 15 February 2024.

What is the equity of Crinkle Cut Games ApS?

Equity was DKK 934k 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.