Timeless ApS

CVR 45209032 · Private limited company (ApS) · Active · High risk

Timeless ApS is a Private limited company (ApS), founded on , based in Åbyhøj. The company is registered in the industry detailhandel med ure og smykker. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 300k and a net result of DKK 260k. CEO: Morten Hvid Friche.

Bankruptcy risk for Timeless ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
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×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
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
45209032
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o The Blue Office, Ved Lunden 4
8230 Åbyhøj
Municipality
Aarhus
Industry
Detailhandel med ure og smykker (477700)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio39.1%
Current ratio164%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address111
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 352k
Net profitDKK 260k
EquityDKK 300k
Total assetsDKK 768k
CashDKK 280k
Short-term debtDKK 468k
Tax owedDKK 15k
Avg. employees1

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

Filed annual reports

Reporting periodPublishedDays after period end
13 Nov 2024 – 31 Dec 202519

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
CEOMorten Hvid FricheCurrent
Owner (100%)Morten Hvid FricheCurrent
FounderMorten Hvid FricheCurrent

Address history (1 moves)

c/o The Blue Office, Ved Lunden 4, 8230 Åbyhøj
c/o The Blue Office, Trindsøvej 6, 1., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Timeless ApS

Has Timeless ApS gone bankrupt?

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

What is the bankruptcy risk of Timeless ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of Timeless ApS?

Morten Hvid Friche is the CEO of Timeless ApS.

When was Timeless ApS founded?

Timeless ApS was founded on 13 November 2024.

What is the equity of Timeless ApS?

Equity was DKK 300k 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.