ELCODAN ApS

CVR 12050496 · Private limited company (ApS) · Being reinstated · Very high risk

ELCODAN ApS is a Private limited company (ApS), founded on , based in Fredensborg. The company is registered in the industry engroshandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 34.3% over the next 12 months, which is 24.3 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year.

Bankruptcy risk for ELCODAN ApS

34.3%
probability of bankruptcy within 12 months
Very high risk

24.3 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Registered owners0 · bankruptcy rate 51.4%5.8×
Missing annual report (overdue)Yes · bankruptcy rate 35.2%4.0×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Capital changes1 · bankruptcy rate 7.0%0.80×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×
Marketing-protectedNo · bankruptcy rate 7.5%0.85×

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
12050496
Status
Being reinstated
Company type
Private limited company (ApS)
Founded
(38 years)
Address
Båstrupvej 240
3480 Fredensborg
Municipality
Fredensborg
Industry
Engroshandel med informations- og kommunikationsudstyr (465000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 200k
Employees
1 (2003)

Warning signs

Annual reports filed late6 of 9
Missing annual reportYes
Negative equity–
Equity ratio–
Current ratio–
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2003 – 31 Dec 2003195 Late
1 Jan 2002 – 31 Dec 2002210 Late
1 Jan 2001 – 31 Dec 2001183
1 Jan 2000 – 31 Dec 2000190 Late
1 Jan 1999 – 31 Dec 1999205 Late
1 Jan 1998 – 31 Dec 1998178
1 Jan 1997 – 31 Dec 1997160
1 Jan 1996 – 31 Dec 1996177
1 Jan 1995 – 31 Dec 1995224 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
CEOKen Kimura
AuditorJohn Barnkob
AuditorEY Danmark A/S
AuditorStatsaut. revisor Henning Niel sen
AuditorCarsten Leonhard Knudsen
AuditorBGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorGR Statsautoriseret Revisionsanpartsselskab
FounderKen Kimura

The CEOs' other companies

Ken Kimura – 5 other companies, of which 1 bankrupt

Address history (1 moves)

Båstrupvej 240, 3480 Fredensborg
Båstrupvej 240, 3480 Fredensborg

Former names

ELCODAN ApS – now
DANTOP ELECTRIC ApS –

Employees per year

Number of employees at ELCODAN ApS per year231998: 319982001: 320012002: 220022003: 12003

Other companies at the same address

Similar companies in Fredensborg

Questions and answers about ELCODAN ApS

Has ELCODAN ApS gone bankrupt?

No, ELCODAN ApS is not registered as bankrupt in the CVR register. Its status is: being reinstated.

What is the bankruptcy risk of ELCODAN ApS?

Our model estimates a bankruptcy risk of 34.3% over the next 12 months (very high risk), which is 24.3 times the average for Danish companies.

When was ELCODAN ApS founded?

ELCODAN ApS was founded on 21 March 1988.

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