PROGRESS ApS

CVR 46136950 · Private limited company (ApS) · Active · Very high risk

PROGRESS ApS is a Private limited company (ApS), founded on , based in Taastrup. The company is registered in the industry vejgodstransport. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. CEO: Manikandan Selvaraj.

Bankruptcy risk for PROGRESS ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports0 · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)< 1 yrs · bankruptcy rate 12.9%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×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Industry changes1 · bankruptcy rate 6.5%0.74×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×

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
46136950
Status
Active
Company type
Private limited company (ApS)
Founded
(0 years)
Address
c/o Manikandan Selvaraj, Billedstriben 22
2630 Taastrup
Municipality
Høje-Taastrup
Industry
Vejgodstransport (494100)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 0
Missing annual reportNo
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Management, owners and auditor

RoleNameFromTo
CEOManikandan SelvarajCurrent
Owner (100%)DEVAPRO ApSCurrent
FounderDEVAPRO ApSCurrent

The CEOs' other companies

Manikandan Selvaraj – 1 other companies

Address history (1 moves)

c/o Manikandan Selvaraj, Billedstriben 22, 2630 Taastrup
c/o Manikandan Selvaraj, Brøndbyvestervej 62B, 1. 3, 2605 Brøndby

Other companies at the same address

Similar companies in Høje-Taastrup

Questions and answers about PROGRESS ApS

Has PROGRESS ApS gone bankrupt?

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

What is the bankruptcy risk of PROGRESS ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the CEO of PROGRESS ApS?

Manikandan Selvaraj is the CEO of PROGRESS ApS.

When was PROGRESS ApS founded?

PROGRESS ApS was founded on 22 December 2025.

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