substitute ApS

CVR 45011879 · Private limited company (ApS) · Active · Low risk

substitute ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry forskning og eksperimentel udvikling inden for naturvidenskab og teknik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 188k and a net result of DKK 148k. CEO: Peter Karl Fantke.

Bankruptcy risk for substitute ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
45011879
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Gråspurvevej 55, 1. 2
2400 København NV
Municipality
København
Industry
Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)
Bankruptcies in the industry: Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik
Share capital
DKK 40k
Auditor
Slebo Revision, Statsautoriseret Revisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio77.6%
Current ratio446%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 1.0m
Net profitDKK 148k
EquityDKK 188k
Total assetsDKK 243k
CashDKK 101k
Short-term debtDKK 54k
Avg. employees1

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Slebo Revision, Statsautoriseret Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
13 Aug 2024 – 31 Dec 202526

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
CEOPeter Karl FantkeCurrent
Owner (100%)Peter Fantke Holding ApSCurrent
FounderPeter Fantke Holding ApSCurrent

The CEOs' other companies

Peter Karl Fantke – 1 other companies

Address history (1 moves)

Gråspurvevej 55, 1. 2, 2400 København NV
c/o Peter Fantke, Gråspurvevej 55, 1. 2, 2400 København NV

Other companies at the same address

Similar companies in København

Questions and answers about substitute ApS

Has substitute ApS gone bankrupt?

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

What is the bankruptcy risk of substitute ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of substitute ApS?

Peter Karl Fantke is the CEO of substitute ApS.

Who is the auditor of substitute ApS?

substitute ApS most recently used Slebo Revision, Statsautoriseret Revisionsanpartsselskab.

When was substitute ApS founded?

substitute ApS was founded on 13 August 2024.

What is the equity of substitute ApS?

Equity was DKK 188k 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.