Frankenburg Technologies ApS

CVR 45515842 · Private limited company (ApS) · Active · Very high risk

Frankenburg Technologies ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry fremstilling af våben og ammunition. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -578k and a net result of DKK -598k. CEO: Kusti Salm.

Bankruptcy risk for Frankenburg Technologies ApS

21.6%
probability of bankruptcy within 12 months
Very high risk

15.3 × the average (1.41%) · higher risk than 99% 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×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
45515842
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o Njord, Pilestræde 58, 6.
1112 København K
Municipality
København
Industry
Fremstilling af våben og ammunition (253000)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 20k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-2,849.5%
Current ratio3%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address170
Going-concern uncertaintyYes

Financials and key figures

Financial year2025
Gross profitDKK -112k
Net profitDKK -598k
EquityDKK -578k
Total assetsDKK 20k
Short-term debtDKK 598k
Avg. employees1

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

Filed annual reports

Reporting periodPublishedDays after period end
3 Apr 2025 – 31 Dec 2025201 Late

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
CEOKusti SalmCurrent
CEORobert Kleist
Owner (100%)Frankenburg Technologies OÜCurrent
FounderFrankenburg Technologies OÜCurrent

The CEOs' other companies

Robert Kleist – 3 other companies, of which 1 bankrupt

Address history (0 moves)

c/o Njord, Pilestræde 58, 6., 1112 København K

Other companies at the same address

Similar companies in København

Questions and answers about Frankenburg Technologies ApS

Has Frankenburg Technologies ApS gone bankrupt?

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

What is the bankruptcy risk of Frankenburg Technologies ApS?

Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.

Who is the CEO of Frankenburg Technologies ApS?

Kusti Salm is the CEO of Frankenburg Technologies ApS.

Who is the auditor of Frankenburg Technologies ApS?

Frankenburg Technologies ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Frankenburg Technologies ApS founded?

Frankenburg Technologies ApS was founded on 3 April 2025.

What is the equity of Frankenburg Technologies ApS?

Equity was DKK -578k 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.