Rippling Denmark ApS

CVR 44708507 · Private limited company (ApS) · Active · Very high risk

Rippling Denmark ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry vikarbureauers aktiviteter og anden personaleformidling. 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 Jan 2026) shows equity of DKK 184k and a net result of DKK 105k. CEO: Vipin Sethi.

Bankruptcy risk for Rippling 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

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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

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×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44708507
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
c/o Magnusson Denmark Advokatpartnerselskab, Bredgade 30
1260 København K
Municipality
København
Industry
Vikarbureauers aktiviteter og anden personaleformidling (782000)
Bankruptcies in the industry: Vikarbureauer
Share capital
DKK 40k
Auditor
Crowe
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio14.9%
Current ratio118%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address221
Going-concern uncertaintyNo

Financials and key figures

Financial year20262025
Gross profitDKK 39.9mDKK 4.2m
Net profitDKK 105kDKK 40k
EquityDKK 184kDKK 80k
Total assetsDKK 1.2mDKK 361k
CashDKK 698kDKK 226k
Short-term debtDKK 1.0mDKK 282k
Tax owedDKK 0DKK 11k
Avg. employees315

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Crowe.

Filed annual reports

Reporting periodPublishedDays after period end
1 Feb 2025 – 31 Jan 2026158
13 Mar 2024 – 31 Jan 2025151

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
CEOVipin SethiCurrent
CEOCharles Matthew MacInnis
Owner (100%)Rippling Europe LimitedCurrent
FounderRippling Europe LimitedCurrent

Address history (1 moves)

c/o Magnusson Denmark Advokatpartnerselskab, Bredgade 30, 1260 København K
c/o Magnusson Denmark, Bredgade 30, 1260 København K

Other companies at the same address

Similar companies in København

Questions and answers about Rippling Denmark ApS

Has Rippling Denmark ApS gone bankrupt?

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

What is the bankruptcy risk of Rippling 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 Rippling Denmark ApS?

Vipin Sethi is the CEO of Rippling Denmark ApS.

Who is the auditor of Rippling Denmark ApS?

Rippling Denmark ApS most recently used Crowe.

When was Rippling Denmark ApS founded?

Rippling Denmark ApS was founded on 13 March 2024.

What is the equity of Rippling Denmark ApS?

Equity was DKK 184k according to the annual report for the period ending 31 January 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.