CULTOURS ApS

CVR 12448643 · Private limited company (ApS) · Active · Low risk

CULTOURS ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -3.4m and a net result of DKK 178k. CEO: Torsten Brøchner Granov.

Bankruptcy risk for CULTOURS ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
12448643
Status
Active
Company type
Private limited company (ApS)
Founded
(38 years)
Address
Dronning Margrethes Vej 11
8200 Aarhus N
Municipality
Aarhus
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 125k
Employees
4 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late9 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-529.6%
Current ratio39%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 660kDKK 529kDKK 596k
Net profitDKK 178kDKK -130kDKK -21k
EquityDKK -3.4mDKK -3.6mDKK -3.5m
Total assetsDKK 647kDKK 738kDKK 820k
CashDKK 365kDKK 241k–
Short-term debtDKK 1.6mDKK 1.8m–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023191 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019268 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017156
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014163
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012160
1 Jan 2011 – 31 Dec 2011143
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008173
1 Jan 2007 – 31 Dec 2007174
1 Jan 2006 – 31 Dec 2006176

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
CEOTorsten Brøchner GranovCurrent
BoardLise Malling Olsen
BoardTorsten Brøchner Granov
BoardKristoffer Malling Granov
BoardKarl Kristian Malling Peyman Granov
BoardKristian Malling Granov
BoardNoe Munck
BoardMartin Lumbye Hansen
BoardJens Aaløse
Owner (100%)Torsten Brøchner GranovCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorStatsautoriserede Revisorer Busch-Sørensen
AuditorMOKIA P/S
FounderTorsten Brøchner GranovCurrent

Address history (1 moves)

Dronning Margrethes Vej 11, 8200 Aarhus N
Dronning Margrethes Vej 11, 8200 Aarhus N

Employees per year

Number of employees at CULTOURS ApS per year352011: 520112012: 420122013: 520132014: 520142015: 220152016: 520162017: 320172018: 42018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about CULTOURS ApS

Has CULTOURS ApS gone bankrupt?

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

What is the bankruptcy risk of CULTOURS ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of CULTOURS ApS?

Torsten Brøchner Granov is the CEO of CULTOURS ApS.

Who is the auditor of CULTOURS ApS?

CULTOURS ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was CULTOURS ApS founded?

CULTOURS ApS was founded on 26 August 1988.

What is the equity of CULTOURS ApS?

Equity was DKK -3.4m 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.