Ellipse Projects Denmark ApS

CVR 44662485 · Private limited company (ApS) · Active · Very high risk

Ellipse Projects Denmark ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry andre telekommunikationsaktiviteter. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -388k and a net result of DKK -311k. CEO: Olivier Gaston Picard.

Bankruptcy risk for Ellipse Projects Denmark ApS

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% 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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
44662485
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o DLA Piper Advokatpartnerselskab, Oslo Plads 2
2100 København Ø
Municipality
København
Industry
Andre telekommunikationsaktiviteter (619000)
Bankruptcies in the industry: Anden telekommunikation
Share capital
DKK 5,500
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-344.9%
Current ratio23%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address112
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -90kDKK -82k
Net profitDKK -311kDKK -82k
EquityDKK -388kDKK -77k
Total assetsDKK 113kDKK 47k
CashDKK 103k–
Short-term debtDKK 501k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025168
26 Feb 2024 – 31 Dec 2024171

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
CEOOlivier Gaston PicardCurrent
Owner (100%)ELLIPSE PROJECTS SASCurrent
FounderELLIPSE PROJECTS SASCurrent

Address history (1 moves)

c/o DLA Piper Advokatpartnerselskab, Oslo Plads 2, 2100 København Ø
c/o DLA Piper Advokatpartnerselskab, Oslo Plads 2, 2100 København Ø

Former names

Ellipse Projects Denmark ApS – now
ELLIPSE PROJECTS DANMARK ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Ellipse Projects Denmark ApS

Has Ellipse Projects Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Ellipse Projects Denmark ApS?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the CEO of Ellipse Projects Denmark ApS?

Olivier Gaston Picard is the CEO of Ellipse Projects Denmark ApS.

When was Ellipse Projects Denmark ApS founded?

Ellipse Projects Denmark ApS was founded on 26 February 2024.

What is the equity of Ellipse Projects Denmark ApS?

Equity was DKK -388k 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.