Understated ApS

CVR 45840220 · Private limited company (ApS) · Active · Low risk

Understated ApS is a Private limited company (ApS), founded on , based in Risskov. 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 0.3 times the average for Danish companies. 1 annual report has been published. The latest annual report (30 Jun 2026) shows equity of DKK 519k and a net result of DKK 419k. CEO: Peter Holdt-Olesen.

Bankruptcy risk for Understated ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 58% 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×

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
45840220
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o Peter Holdt-Olesen, Krogagre 32
8240 Risskov
Municipality
Aarhus
Industry
Anden udgivelse af software (582900)
Bankruptcies in the industry: Anden udgivelse af software
Share capital
DKK 20k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio79.9%
Current ratio6,487%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2026
Gross profitDKK 539k
Net profitDKK 419k
EquityDKK 519k
Total assetsDKK 649k
CashDKK 647k
Short-term debtDKK 10k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
29 Aug 2025 – 30 Jun 2026112

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 Holdt-OlesenCurrent
Owner (100%)Holdt-Olesen Holding ApSCurrent
FounderHoldt-Olesen Holding ApSCurrent

The CEOs' other companies

Peter Holdt-Olesen – 2 other companies

Address history (0 moves)

c/o Peter Holdt-Olesen, Krogagre 32, 8240 Risskov

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Understated ApS

Has Understated ApS gone bankrupt?

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

What is the bankruptcy risk of Understated ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Understated ApS?

Peter Holdt-Olesen is the CEO of Understated ApS.

Who is the auditor of Understated ApS?

Understated ApS most recently used Beierholm.

When was Understated ApS founded?

Understated ApS was founded on 29 August 2025.

What is the equity of Understated ApS?

Equity was DKK 519k according to the annual report for the period ending 30 June 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.