Footfolk ApS

CVR 44660229 · Private limited company (ApS) · Active · Very high risk

Footfolk ApS is a Private limited company (ApS), founded on , based in Odder. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 2 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 35k and a net result of DKK -34k. CEO: Mikkel Lolk Pallesen.

Bankruptcy risk for Footfolk ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Registered owners2 · 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
44660229
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Stationsvej 11
8300 Odder
Municipality
Odder
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 2
Missing annual reportNo
Negative equityNo
Equity ratio6.9%
Current ratio108%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -35kDKK 33k
Net profitDKK -34kDKK 29k
EquityDKK 35kDKK 69k
Total assetsDKK 502kDKK 234k
CashDKK 7,158DKK 65k
Short-term debtDKK 467kDKK 165k
Tax owed–DKK 8,343

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
19 Feb 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
CEOMikkel Lolk PallesenCurrent
CEOCathinca Freya Minet
Owner (67%)Cathinca Freya MinetCurrent
Owner (20%)Mikkel Lolk PallesenCurrent
FounderCathinca Freya MinetCurrent

Address history (1 moves)

Stationsvej 11, 8300 Odder
c/o Cathinca Freya Minet, Karen Jeppesgade 12, 8300 Odder

Other companies at the same address

Similar companies in Odder

Questions and answers about Footfolk ApS

Has Footfolk ApS gone bankrupt?

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

What is the bankruptcy risk of Footfolk ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the CEO of Footfolk ApS?

Mikkel Lolk Pallesen is the CEO of Footfolk ApS.

When was Footfolk ApS founded?

Footfolk ApS was founded on 19 February 2024.

What is the equity of Footfolk ApS?

Equity was DKK 35k 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.