Format Technologies ApS

CVR 45430944 · Private limited company (ApS) · Active · Low risk

Format Technologies ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 13.0m and a net result of DKK -1.0m. CEO: Martin Dreymann.

Bankruptcy risk for Format Technologies ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% 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 since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
45430944
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Fadet 6, 31. 1
1799 København V
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 56k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio99.8%
Current ratio24,471%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address43
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -667k
Net profitDKK -1.0m
EquityDKK 13.0m
Total assetsDKK 13.1m
CashDKK 6.4m
Short-term debtDKK 26k
Avg. employees1

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
28 Feb 2025 – 31 Dec 2025181

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
CEOMartin DreymannCurrent
Owner (33%)Drey Holding ApSCurrent
Owner (33%)Hugh O'FlanaganCurrent
Owner (10%)PreSeed Ventures Tech Fund I K/SCurrent
Owner (5%)Stephen GrantCurrent
Owner (5%)Enterprise IrelandCurrent
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
FounderDrey Holding ApSCurrent
FounderHugh O'FlanaganCurrent

The CEOs' other companies

Martin Dreymann – 4 other companies

Address history (0 moves)

Fadet 6, 31. 1, 1799 København V

Other companies at the same address

Similar companies in København

Questions and answers about Format Technologies ApS

Has Format Technologies ApS gone bankrupt?

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

What is the bankruptcy risk of Format Technologies ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Format Technologies ApS?

Martin Dreymann is the CEO of Format Technologies ApS.

Who is the auditor of Format Technologies ApS?

Format Technologies ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Format Technologies ApS founded?

Format Technologies ApS was founded on 28 February 2025.

What is the equity of Format Technologies ApS?

Equity was DKK 13.0m 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.