SnapKey ApS

CVR 45512045 · Private limited company (ApS) · Active · Low risk

SnapKey ApS is a Private limited company (ApS), founded on , based in Agedrup. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 51k and a net result of DKK 11k. CEO: Lars Vestermann Frandsen, Andreas Lyngholm Poulsen.

Bankruptcy risk for SnapKey ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
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×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
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×
Number of CEOs2 · 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
45512045
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Kærbygade 10
5320 Agedrup
Municipality
Odense
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio79.0%
Current ratio476%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 20k–
Net profitDKK 11k–
EquityDKK 51kDKK 40k
Total assetsDKK 65kDKK 40k
CashDKK 40k–
Short-term debtDKK 14k–
Tax owedDKK 8,632–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
31 Mar 2025 – 31 Dec 2025183

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
CEOLars Vestermann FrandsenCurrent
CEOAndreas Lyngholm PoulsenCurrent
Owner (50%)L.W.F. HOLDING ApSCurrent
Owner (50%)ALP ApSCurrent
FounderL.W.F. HOLDING ApSCurrent
FounderALP ApSCurrent

The CEOs' other companies

Lars Vestermann Frandsen – 5 other companies

Andreas Lyngholm Poulsen – 3 other companies

Address history (0 moves)

Kærbygade 10, 5320 Agedrup

Other companies at the same address

Similar companies in Odense

Questions and answers about SnapKey ApS

Has SnapKey ApS gone bankrupt?

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

What is the bankruptcy risk of SnapKey ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of SnapKey ApS?

Lars Vestermann Frandsen, Andreas Lyngholm Poulsen are the CEOs of SnapKey ApS.

Who is the auditor of SnapKey ApS?

SnapKey ApS most recently used EY Godkendt Revisionspartnerselskab.

When was SnapKey ApS founded?

SnapKey ApS was founded on 31 March 2025.

What is the equity of SnapKey ApS?

Equity was DKK 51k 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.