Fifth Element ApS

CVR 44670720 · Private limited company (ApS) · Active · Medium risk

Fifth Element ApS is a Private limited company (ApS), founded on , based in Frederiksberg. The company is registered in the industry fremstilling af andre beklædningsartikler samt tilbehør i.a.n.. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -42k and a net result of DKK -22k. CEO: Mathias Lynge Ullemose, Jacob Taggatz Ovesen.

Bankruptcy risk for Fifth Element ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

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×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44670720
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Mathildevej 5, 3. th
2000 Frederiksberg
Municipality
Frederiksberg
Industry
Fremstilling af andre beklædningsartikler samt tilbehør i.a.n. (142900)
Bankruptcies in the industry: Fremstilling af anden yderbeklædning
Share capital
DKK 40k
Auditor
Bille &amp; Buch-Andersen
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-213.7%
Current ratio32%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -19kDKK -54
Net profitDKK -22kDKK -60
EquityDKK -42kDKK -20
Total assetsDKK 19kDKK 4
CashDKK 1,483–
Short-term debtDKK 61k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Bille &amp; Buch-Andersen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Mar 2024 – 31 Dec 2024175

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
CEOMathias Lynge UllemoseCurrent
CEOJacob Taggatz OvesenCurrent
Owner (33%)Jacob Taggatz OvesenCurrent
Owner (20%)Mads ThorlakCurrent
Owner (5%)MLU ApSCurrent
Owner (20%)Asgers Multiservice ApSCurrent
Owner (20%)Benjamin Sandholdt JensenCurrent
Owner (50%)Mathias Lynge Ullemose
FounderMathias Lynge UllemoseCurrent
FounderJacob Taggatz OvesenCurrent

The CEOs' other companies

Mathias Lynge Ullemose – 1 other companies

Address history (0 moves)

Mathildevej 5, 3. th, 2000 Frederiksberg

Similar companies in Frederiksberg

Questions and answers about Fifth Element ApS

Has Fifth Element ApS gone bankrupt?

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

What is the bankruptcy risk of Fifth Element ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Fifth Element ApS?

Mathias Lynge Ullemose, Jacob Taggatz Ovesen are the CEOs of Fifth Element ApS.

Who is the auditor of Fifth Element ApS?

Fifth Element ApS most recently used Bille &amp; Buch-Andersen.

When was Fifth Element ApS founded?

Fifth Element ApS was founded on 1 March 2024.

What is the equity of Fifth Element ApS?

Equity was DKK -42k 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.